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Settle Tax Debt and IRS Problems

Whether the IRS is demanding full payment of back taxes up-front or a payment plan that is substantially higher than what you can afford to pay, we can negotiate an offer in compromise settlement on your behalf for a fraction of what is owed or to set up an arrangement for the lowest possible monthly payment with various options for making those payments, if you qualify.
Don't be afraid of the IRS anymore. We have a 99.7% client satisfaction rate from clients who have permanently resolved their back taxes and IRS problems. Get tax relief fast from the nation's leading expert in resolving back taxes and IRS problems.
Even if you can't afford to pay your back taxes, a Certified Tax Resolution Specialist, tax attorney or CPA, can give you the help you need to settle your IRS debt.
If you owe back taxes or if you've been threatened with an IRS levy, lien, seizure or the denial or termination of an installment agreement, let us represent you and put end to your IRS problems! We can help you file an IRS Collection Appeal to stop an IRS levy or seizure.
Check out these tax resolution strategies that can help you resolve your back taxes:
If you owe less than $10,000 in back taxes: If you have a clean IRS record and all your tax returns are filed - you can call the IRS directly and they can (it's guaranteed) arrange a payment plan to be paid in 36 monthly installments.
If you owe $10,000 or more in back taxes: You will want to partner with a Certified Tax Resolution Specialist or a tax attorney to increase your chances of qualifying for an IRS payment plan, helping you settle your back tax debt for the lowest possible amount, and removing bank levies, tax liens or wage garnishments.

Offer in Compromise

If you can't afford to pay your back taxes in full, the Offer in Compromise program provides taxpayers who owe the IRS more than they could ever afford to pay, the opportunity to pay a small amount as a full and final payment. Taxpayers who attempt to file for an Offer in Compromise on their own often put themselves at risk of not qualifying for a settlement or they end up paying more than they have to.

IRS Payment Plans

If you can't pay your back taxes in full but could potentially pay them back over time, you can negotiate a reasonable monthly payment plan with the IRS. Once an IRS Payment Plan (also known as an Installment Agreement) is established, the IRS will not enforce collection action, including the levy of bank accounts or wages, as long as the taxpayer remains current with all filing and payment obligations.

Delinquent Tax Returns

To qualify for an IRS payment plan or Offer in Compromise tax settlement to resolve your back taxes, you need to file all delinquent tax returns with the IRS. Regardless of what you have heard, you have the right to file your original tax return, no matter how late it's filed. Until you have filed all legally required tax returns, the IRS will not entertain any type of tax settlement or payment plan to settle your back taxes.

Expiration of Statutes of Limitations

The IRS is not able to collect on expired back taxes. The IRS has 10 years from the date of assessment (usually close to the filing date) to collect back taxes. An expert tax attorney, tax CPA or tax resolution specialist can help resolve your back taxes and IRS problems by just by advising and strategizing with your to wait out the 10 year expiration date. We accomplish this by obtaining and analyzing your IRS Tax Transcripts and Records of Account.

Bankruptcy

As a last resort for resolving back taxes, you can file for bankruptcy if the IRS rejects your IRS Payment Plan or Offer in Compromise. However, only a seasoned tax attorney, CPA or Certified Tax Resolution Specialist can provide tax help to show you the proper sequence of events to declare bankruptcy and completely eliminate all of your back taxes, if you are eligible.

Offshore Bank Accounts: IRS Tax Settlements

If you owe back taxes on undeclared funds in overseas bank accounts, being proactive about disclosing your foreign funds can help reduce your chances of criminal prosecution, minimize severe IRS penalties and work out a structured IRS payment plan. If you believe that you owe back taxes on your foreign accounts, you will need a tax attorney or certified tax resolution specialist to provide professional tax help and experienced representation to proceed in your best interest.

Innocent Spouse Tax Relief

If you owe back taxes due to your spouse's (or ex-spouses) actions, you may be eligible to obtain tax relief by qualifying as an innocent spouse. This means that if you can prove you are an innocent spouse, as defined by the Internal Revenue Code, the IRS can relieve you of this debt and obtain tax relief, you may not be subject to the taxes caused by their spouses or ex-spouses.

Investment Fraud Representation

If you owe back taxes paid on phantom profits from a fraudulent investment scheme ("Ponzi" Scheme), you may be eligible to take advantage the United States Tax Code (law) to recoup 30% to 40% of your losses. This highly technical and complex process can help you reduce taxes paid in previous years resulting in refund with interest.

Payroll Tax Problems

If you owe back taxes on delinquent payroll and employment taxes, it is important to resolve payroll tax debt problems swiftly to protect the future of your company since the IRS assigns a higher priority to collecting employment taxes than income taxes. We've helped businesses across the nation permanently resolve payroll problems and back taxes.

Freedom of Information Requests

It is important to understand how the IRS has assessed back taxes and penalties against you. You have the right to see governmental documents, including your IRS files, to better understand your IRS problems. The IRS must disclose the information used to assess back taxes and interest against taxpayers.

Why hire a Tax Attorney or Certified Tax Resolution Specialist?
While taxpayers may always represent themselves before the IRS to resolve back taxes and IRS problems, many taxpayers find dealing with the IRS frustrating, time-consuming, intimidating or all of the above and so they make the decision to hire professional tax help (specialized tax attorney, tax resolution firm, etc.) to negotiate a tax relief settlement with the IRS on their behalf.

2 comments:

barath said...

Great post. As a tax attorney we know how to help you.

Defense Tax Group said...

IRS Offer in Compromise: If you are in a genuine state of hardship you can reach an agreement with the IRS to pay less than your nominal liability that year via an offer in compromise.

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