Services we offer
IRS Audit Representation
Have you received a letter from the IRS regarding an audit? Our team will handle it for you in order to make your life easier. Please forward the audit notification to us, and we will take care of the situation.
IRS Liens
There is no doubt that federal tax liens can make your life very difficult. Generally, it is applied to taxpayers who fail to pay their taxes, either individually or as a business. It is important to note that the lien attaches to ALL your property, including property that you acquire in the future. As soon as a lien has been filed, it will appear on the taxpayer’s credit report. When a tax lien appears on a credit report, it is difficult for the individual or business to obtain future credit or loans. If you would like to put your mind at ease, please contact us.
IRS Levies
It is one of the IRS’s most aggressive collection enforcement actions. The IRS uses this action only when it has attempted to contact you several times without success. A levy is intended to seize wages and other intangible assets. Is it possible for the IRS to seize your money or levy your bank account? It can be taken if you own it.
Unfilled Tax Returns
The IRS will catch you if you don’t file all your tax returns – it’s only a matter of time. Unfiled returns are taken very seriously by the IRS. Don’t get behind on your taxes. Call us if you haven’t filed in the past or if you’re working on late filed taxes.
Offer in Compromise
Are you aware that you may be able to settle your debt with the IRS for less than the full amount you owe with their Offer in Compromise Program? Get in touch with us to find out if you are eligible for the program.
IRS Payment Plan
If you are not eligible for the IRS Offer in Compromise Program, a Payment Plan may be the right option for you. Having a payment plan in place with the IRS allows you to pay off your tax debt over a longer period of time. The penalties and interest will continue to be charged on your outstanding balance while you pay off the debt. By law, you are required to pay the interest on your tax debt.
Innocent Spouse Relief
This program was created to provide relief to innocent spouses who were clearly the victims of fraud committed by their spouse or ex-spouse. In the event that you and your spouse file a joint tax return, you will both be responsible for all taxes, penalties, and interest. For this reason, the IRS or a state may legally pursue both spouses or just one of you for the debt. You can still be pursued by the IRS if you get divorced and the decree states that your spouse is responsible for the debt. Fortunately, there is an innocent spouse relief program.
IRS Seizures
Upon failing to recover unpaid taxes with a lien, the IRS may levy your assets. When you fail to communicate with the IRS, you may eventually be subject to a lien or levy on some or all your property. An IRS levy is the actual seizure of taxpayer assets. In addition to bank accounts, earnings, and wages, any federal pensions including Social Security benefits, the cash value of any life insurance, personal real estate, and even assets transferred to family members, they have the right to take all your assets. Please contact us if you need help with your tax problem!
IRS Wage Garnishment Notice
There are several incomes that can be garnished by the IRS, including wages, commissions, bonuses and 1099 income. The Wage Garnishment Process. A final notice will be sent to you, called a “Notice of Intent to Levy.” In the event you do not respond with an alternate resolution within 30 days of receiving the Notice, your income will be garnished. Before wage garnishment can be authorized, IRS officials must assess your tax liability and demand payment. Allowing you 30 days from the “Final Notice of Intent to Levy” to make alternative arrangements or appeal the garnishment. When all IRS protocol has been followed, your employer will receive a notice from the IRS notifying them of the wage garnishment. Suddenly, it is payday, and you discover that the IRS has deducted most of your wages.
Payroll Tax Problems
Be careful if you are behind on payroll taxes for your company. The IRS is very aggressive in its efforts to collect these types of taxes. Employers are responsible for collecting, reporting, and paying state employee payroll taxes. Moreover, as the responsible party for your company, you may be held personally liable for willfully failing to withhold employee payroll taxes or for failing to pay withheld taxes to state agencies. Whether you forgot the date for your tax payment or missed it due to a shortage of funds, you are still liable for penalties that could result in your business being closed or even imprisonment. It is a serious matter! Get in touch with us.