Tax Problem Resolution
Tax Problem resolution is a special
area of our professional practice involving unfiled tax
returns, unpaid taxes, tax liens or levies, audit
representation and any other type of tax controversy. As
Certified Public Accountants we are qualified to represent
taxpayers before the Internal Revenue Service and other tax
authorities. Some of the specialized services we provide in
this arena include Offer In Compromise, Penalty Abatement,
Installment Agreement, Audit Representation, Unfiled Returns
as well as Liens, Levies and Garnishees.
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OFFER IN
COMPROMISE
Offer In Compromise is the government's
"Let's Make A Deal" program that allows you
to pay an amount you can afford to satisfy your entire
tax liability. It even includes penalties and interest.
Once the offer is accepted and paid the taxpayer is then
current with all their tax liabilities thus allowing the
taxpayer a "Fresh Start".
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PENALTY
ABATEMENT
Tax authorities increase the amount a taxpayer owes by
adding penalties and interest to the unpaid tax. In many
cases a taxpayer could afford to pay the tax, but due to
the penalties and interest, the ever-growing balance
becomes unmanageable. Often we are able to have the
penalties and interest reduced or eliminated by providing
reasonable cause.
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INSTALLMENT
AGREEMENT
We can secure an agreement with the IRS and other tax
authorities to allow monthly payments on your tax
liability. The agreement keeps them from filing liens and
levies as long as the payments are made. Without an
agreement tax authorities may take money from your
paycheck or bank accounts, they can file liens against
your home or other property.
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AUDIT
REPRESENTATION
You shouldn't consider going before the IRS or any
other tax authority without proper representation. We are
experienced in the audit process and know how to properly
represent taxpayers under audit. We understand the red
flags that may not be apparent to taxpayers representing
themselves. We are able to close audits quickly and avoid
expansion of the audit scope. Generally, the cost of
representation is far less than the amount saved through
qualified representation.
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UNFILED
RETURNS
Failure to file a tax return is a criminal offense that
may be punishable by imprisonment. In most situations we
can prepare and file delinquent returns avoiding exposure
to such harsh penalties.
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LIENS,
LEVIES AND GARNISHEES
The IRS may take money from your paycheck or bank account
by garnishee or levy. They may place liens on your house
or other assets. We can often prevent such actions or
have these lifted so you can afford to pay your bills. If
you are presently concerned about a lien, levy or
garnishee we can help. Remember, the earlier we address
the problem the more successful we are likely to be.