Our Tax Solutions
Tax Filings and Amendments
It is never too late to file a tax return. If you have unfiled tax returns, we will properly file those returns (taking into consideration all applicable deductions and credits). We will also bring you into compliance with the IRS, even if you no longer have the original records for those filing years. The longer you wait, the worst penalties can get. A return can also be amended anytime within 3 years from the due date of your original return or within 2 years from the date you paid the tax, whichever is later.
Penalties & Interest Relief
You may be able to eliminate or reduce all or part of the penalties and interest you accrued as a result of a tax liability if reasonable cause can be proven. We will review your tax transcripts to identify which penalties and interest have been assessed against you and if applicable, seek abatement of those penalties and interest.
Installment Payment Plans
If you cannot afford to pay your taxes, you may be able to qualify for an installment payment plan with the IRS. An installment plan allows you to pay your taxes over time while avoiding garnishments, levies or other collection actions. We will help set up an installment agreement with the IRS to make your monthly payments more affordable and manageable.
Release of Lien and Levies
Whether IRS collection action is just beginning, or if the IRS has already issued a lien or levy against you, we can help. Getting a lien or levy release requires understanding the IRS collections and appeals procedures. We will assist you in dealing with the IRS by assessing your situation and structuring a solution to removing the lien or levy.
Offer-in-Compromise
The IRS Offer-in-Compromise (OIC) program provides financially distressed taxpayers with an opportunity to settle their outstanding tax debt for less than the full amount owed. We will determine whether you qualify for an Offer-in-Compromise and help you negotiate a settlement.
Audit Assistance
All IRS audits should be taken seriously as it can result in additional tax, penalties, and interest which can increase your tax liability. We will guide you through the audit process and ensure your rights are being protected throughout the audit. We will also help prepare you for an audit and gather all the necessary documentation, as well as arrange to accompany you to the audit.
NOTE: We also help individuals and businesses make the right critical tax planning decisions to avoid adverse tax consequences. We stay involved with our clients from business inception, operation and liquidation.