Do you have a Tax Problem? You’ve come to the right place!
Do you have a Tax Problem? You’ve come to the right place!
Tax Resolution Help from your Local Deleware Valley Expert
Every tax problem is unique, but having one isn’t! Every year the IRS uses their incredible power to go after millions of taxpayers, and they’re not playing around. It’s important that when you get your first certified letter from the IRS that you find help. The IRS processes are so complicated that sometimes the IRS agents don’t know all the rules. That’s why you’re entitled to hire a Representative like us to walk you through the entire tax resolution process. It’s our job to know the rules as well, if not better, than the IRS we’re up against.
Unlike most other Philadelphia Area tax firms we specialize in Tax Resolution.
You’re not hiring someone who occasionally dabbles in this area of practice. You’re hiring someone who is specially trained and up to date on all the latest tax debt relief strategies. We are fully prepared to achieve the best result for you.
If you were going through a divorce would you hire a bankruptcy attorney? Of course not, it’s a different specialty! Don’t trust just any accountant to help with a tax problem.
Request a FREE Consultation
Tax problem? We can help! Submit your information below and we’ll contact you to set up your free consultation.
Our Tax Resolution Process
Step 1: Consultation
During our private, confidential, free consultation we’ll discuss your unique tax situation. We will never try to sell you on, or recommend, a solution in our first meeting. It’s impossible for us to know what you qualify for until we get into the full investigation.
Step 2: Investigation
Here we’re going to dive into the numbers. We’re going to be pulling your IRS transcripts to find out what the IRS knows about you. We’ll be making contact with your Revenue Officer if you have one. We’ll also take care of any unfiled tax returns you might have. We’ll have to get you into compliance before you’ll be able to qualify for any IRS tax debt relief programs.
Step 3: Resolution
Now that we have all the information it’s time to see what tax debt relief programs you qualify for! We’ll be setting up another meeting together to go over your options. Once we come to a decision we will file whatever paperwork is necessary to complete the process. Keep in mind that it can often times take weeks to hear back from the IRS, so patience is important!
Step 4: Freedom
No matter what program you end up in continued compliance is essential. Some programs like the Offer in Compromise require several years of filed returns or they may terminate your agreement! Lucky for you we offer annual tax preparation services so we’ll make sure you stay on track!
Our Tax Resolution Process
Step 1: Consultation
During our private, confidential, free consultation we’ll discuss your unique tax situation. We will never try to sell you on, or recommend, a solution in our first meeting. It’s impossible for us to know what you qualify for until we get into the full investigation.
Step 2: Investigation
Here we’re going to dive into the numbers. We’re going to be pulling your IRS transcripts to find out what the IRS knows about you. We’ll be making contact with your Revenue Officer if you have one. We’ll also take care of any unfiled tax returns you might have. We’ll have to get you into compliance before you’ll be able to qualify for any IRS tax debt relief programs.
Step 3: Resolution
Now that we have all the information it’s time to see what tax debt relief programs you qualify for! We’ll be setting up another meeting together to go over your options. Once we come to a decision we will file whatever paperwork is necessary to complete the process. Keep in mind that it can often times take weeks to hear back from the IRS, so patience is important!
Step 4: Freedom
No matter what program you end up in continued compliance is essential. Some programs like the Offer in Compromise require several years of filed returns or they may terminate your agreement! Lucky for you we offer annual tax preparation services so we’ll make sure you stay on track!
Common Tax Problems
Federal Tax Liens
Tax liens may be filed against you, your spouse, or your company depending on how the tax liability was incurred. When you get a FTL everything you own is in jeopardy of becoming property of the government.
Unfiled Returns
Having unfiled returns is one of the most common tax problems. It doesn’t take much in life for tax returns to not be a priority. This is something you’ll want to address quickly; failing to file your tax returns is ultimately a criminal offense. If you do not file, you can be prosecuted and punished, possibly with jail time.
Bank Levy
A levy is the IRS’s way of getting your money and your immediate attention. What they are saying is, “We have tried to communicate with you, but you have ignored us. If you own it, we can take it.” That includes bank accounts, autos, stocks, bonds, boats, pension checks, paychecks, and even Social Security checks!
Wage Garnishments
As bad as a bank levy is, a worse problem is a wage levy (or garnishment). That is when most of your paycheck goes to the IRS or State, which can often leave you barely enough to pay the bills. This can also be embaressing as they will send the request directly to your employer.
Payroll Tax Problems
One of the most serious tax problems is the failure to collect, account for, and pay to the government any payroll taxes that were, or should have been, withheld from employees. These are referred to as “trust funds” and are vigorously collected using the most aggressive tools available to the government.
Seizures of Assets
The last resort in most cases is the taking of physical assets, such as your home or car. Seizures happen in aggravated cases when someone ignores repeated requests by the IRS over a long period. This is one of the most powerful tools in the IRS arsenal.
Potential Solutions
Offer In Compromise
The idea of the Offer in Compromise program is to give you a fresh start with the IRS. The OIC is one of the best tools in the tax resolution toolbox! It allows you to pay an amount you can afford regardless of the amount you owe. Once your offer is complete you are back in the good graces of the IRS!
Installment Agreement
Installment Agreements are one of the most common tax resolution solutions. This is where you can get more time to pay the tax you owe by setting up monthly payments. Having an installment agreement in place will ensure that the IRS does not proceed with any furthur collection actions like liens or levies.
Penalty Abatement
How does the IRS expect you to pay what you owe when they keep adding penalties and interest! I’m happy to tell you that in some cases it is actually possible to get some of those penalties reduced or removed all together.
Audit Representation
Nothing strikes fear more than receiving an IRS or State Audit letter in the mail. Audit Specialists are trained to get information out of taxpayers that’s why it’s important to find a qualified representitive to help you through the process.
Innocent Spouse Relief
Did you know that it’s possible to get out of the tax debt due to the tax problems created by your spouse? Innocent Spouse Relief exists to clear up situations where one spouse is clearly not responsible for the tax liability created by their spouse or former spouse.
Bankruptcy
Contrary to what you may have heard, taxes can be dischargeable in bankruptcy. Back taxes, interest, and penalties may be erased. Bankruptcy is often a last resort, but in certain cases can be the best option. I am not an attorney but can set you up with a local referral.
Request an Appointment
Our FREE ebook shows PA Taxpayers how to end IRS Problems
Dealing with the IRS can be intimidating. Learn more about what the IRS is capable of and how to end IRS problems once and for all!