Tax Debt Relief
LOOKING FOR SOLUTIONS TO YOUR COMPANY'S FINANCIAL ISSUES? OUR SERVICES ARE HERE TO HELP!
The IRS Fresh Start Program is a program that comprises three essential components, namely, the release of Federal Tax Liens, streamlined Installment Agreements, and the Offer in Compromise. This program is designed to aid tax payers who are experiencing financial hardship and are struggling to settle their tax debts. The release of the Federal Tax Liens component enables taxpayers to obtain a release of their tax liens, while the streamlined Installment Agreements component provides a simplified process for taxpayers to set up a payment plan fortheir outstanding tax debts. Lastly, the Offer in Compromise component allows taxpayers to negotiate with the IRS to settle their tax debts for less than the fullamount owed. Through the IRS Fresh Start Program, taxpayers can find relief andwork towards meeting their tax obligations.
The Offer in Compromise (OIC) program
By retaining our tax professionals, you can have peace of mind knowing that:
- We know all the updated OIC administrative procedures and tax laws.
- We have considerable experience in handling Special Circumstance Cases andAppeals.
- We believe that a prepared and calculated approach is the only way to maintainour excellent track record of consistent OIC acceptance.
With our help, you can settle your tax bill for less than what the IRS claims you owe.
INNOCENT SPOUSE CLAIM
PENALTY/INTEREST ABATEMENT (“PA”)
For individuals who possess the financial means to satisfy their tax obligations infull, it is recommendable to do so. However, it is not uncommon for IRS tax penalties and accompanying interest to represent the bulk of the outstanding tax bill, thereby creating a daunting tax predicament. Fortunately, the IRS has established several provisions that offer relief to tax payers. Those who have valid reasons for falling behind on their tax payments are in luck. In many cases, the IRS is willing to negotiate penalties and interest charges.
If you qualify, we can help you get all your penalties removed from your tax debt, and possibly even some of the interest refunded by the IRS!.
LIENS, WAGE GARNISHMENT, BANK LEVIES and PROPERTYSEIZURES
The collection of taxes from delinquent tax payers is a serious matter that the Internal Revenue Service(IRS) takes very seriously. To ensure efficient and effective collection, the IRS employs several methods, with three of the most aggressive forms being:
1. Wage garnishment: This involves the IRS contacting an individual’s employer to have a portion of their wages redirected towards their unpaid taxes.
2. Bank levy: In this case, the IRS contacts an individual’s bank and enforces a levy on their accounts, which allows them to seize funds until the tax debt is paid in full.
3. Property seizure: The IRS can seize an individual’s property, including their home, car, or other assets, to satisfy outstanding tax debt.
It is important for tax payers to be aware of these collection method sand to take steps to address their tax liabilities as soon as possible to avoid the risk of aggressive collection activity.
Tax liens are records available to the public that indicate an outstanding tax debt. These liens are filed with the County Clerk where you or your business is located. Having a tax lien can make it difficult to purchase a home, get or keep a job, or even buy a car.
An IRS levy is a legal procedure used by the IRS to collect unpaid taxes. The levy can take different forms such as a bank levy, where the IRS can take money from your savings and checking accounts, ora wage levy where the IRS can garnish your wages. The IRS can also levy your accounts receivable, which means that any money owed to you by others can be redirected to the IRS to cover your outstanding tax debt.
Urgent calls to assist!
As a company, we frequently receive urgent requests for assistance with garnishments. We understand the importance of having a steady income for our clients and their families. Our team of tax attorneys will quickly begin negotiations with the IRS once hired, implementing effective strategies to achieve the best possible outcome.
Here are some options to help resolve tax debt issues with the IRS:
- Offer a voluntary payment plan that fits comfortably within your budget.
- Reduce the amount garnished to a reasonable sum that can be afforded.
- Place yourself in immediate “Uncollectible Status,” which means that the IRS will not collectany money for a specified period of time.
It is critical to note that our current solution is only provisional for addressing your tax debt. Our team of consultants will conduct a thorough examination of your case and develop a long-term strategy to tackle the issue. In most cases, this involves filing an offer in compromise on behalf of our clients. We believe that this approach will allow us to provide you with a practical solution that is tailored to your specific needs.
SEIZURES
The Internal Revenue Service (IRS) holds significant authority when it comes to seizing assets. They can legally take over personal or business property to pay off any outstanding tax debts. It’s common for tax payers to avoid the IRS before they resort to seizure activities.
The IRS usually makes attempts to collect the debt before resorting to seizure, which is the last resort in their collection efforts. Seizure is the highest level of IRS collection and is handled by our team with immediate attention and resolution.
CRIMINAL TAX
One of the most severe delinquent tax issues that individuals can encounter is a criminal tax matter. Often, individuals who fail to address their tax obligations in a timely manner may find themselves in a position where the IRS may pursue criminal charges against them. As such, it is imperative that individuals remain vigilant in staying current with their tax obligations and ensure that they adhereto all IRS guidelines and regulations. Failure to do so may have significant and long-lasting consequences, both from a legal and financial standpoint.
Don’t put yourself at risk. Protect your rights and interests by seeking advice from an experienced tax attorney before interacting with an IRS Criminal Division (CID) Agent.
It’s crucial to understand the seriousness of a criminal tax issue as the consequences can be severe. The IRS has a high conviction rate of over 75% in criminal tax cases. If you are facing an IRS Criminal Division (CID) investigation, it’s essential to seek expert advice before speaking to aCID Special Agent. In many cases, statements made by a tax payer before consulting an experienced representative can lead to the IRS winning easily in court. It’s crucial to act quickly and consult an experienced tax attorney to secure the best outcome in a CID matter.
By detecting early signs of potential criminal tax issues, our team ofseasoned professionals is equipped to provide you with a successful resolution. With our expertise and extensive experience in the field, we can ensure that your concerns are handled with the utmost care and professionalism. You can rely on us to resolve any tax issues that may arise with precision and accuracy.
