Common IRS Tax Problems

Unfiled Income Tax Returns

Don’t let unfiled income tax returns overwhelm you. We’ll assist you in accurately and efficiently filing your past-due income tax returns to mitigate further complications.

Tax Audit

An audit is an examination of an individual’s or entity’s financial records conducted by the IRS, triggered by various factors, such as not filing a tax return, not reporting all income (underreported income), discrepancies in deductions, exemptions, or credits, and even whistleblowers.

• CP2000 Tax Notice: A CP2000 notice, an audit, addresses potential discrepancies between the income reported on your Form 1040 income tax return and information reported to the IRS by third parties.

Failure to respond to a tax audit can lead to higher assessments. See Tax Audit Representation

Unpaid Federal Taxes

IRS Collections Statute Of Limitations is ten (10) years from the assessment date to collect the back taxes, known as the Collection Statute Expiration Date (CSED).

Unpaid Payroll Taxes

Failure to deposit withheld employee taxes can result in a Trust Fund Recovery Penalty, assessed against responsible individuals.

IRS Tax Liens

If you don’t pay taxes owed, the IRS can issue a Notice of Federal Tax Lien, affecting your ability to secure loans or sell property.

Tax Levy / Seizure of Asset

Both tax levy and seizure involve the IRS taking your property such as wage garnishment, account receivable, or house to satisfy a tax debt. See Tax Levy / Seizure Resolution

IRS Penalty and Interest

Penalties and interest accrue for late filings, payments, or errors. See IRS Penalty Forgiveness

Available Solutions

The IRS’s Taxpayer Bill of Rights includes the right to pay no more than the correct amount of tax and the right to a fair and just tax system. We offer a variety of tax problem resolution services to restore your financial stability.

IRS Tax Account (Tax Transcript) Analysis and Monitoring

We will perform a thorough analysis of your tax records to determine the best strategies for resolving your tax issues, and provide monthly monitoring to alert you to any suspicious activities or pending actions.

Tax Audit Representation

We represent you during IRS tax audits, ensuring your rights are protected and assisting with the preparation of necessary documents.

Currently Not Collectible (CNC) / Hardship Status

Form 1040 Filers: If you can’t pay your tax liability and meet basic living needs, you may qualify for CNC status, temporarily suspending IRS collection activities.

Installment Agreement (Payment Plan)

Set up a payment plan with the IRS to pay your tax liabilities within 6 years (72 months) or paid within the Collection Statute Expiration Date (CSED) remaining, whichever is less.

Offer in Compromise

Settle your tax liability for less than the full amount owed if paying it would create financial hardship.

Innocent Spouse Relief

Form 1040 Filers: Relieve your responsibility for tax debts incurred by a spouse under certain conditions.

Payroll Taxes Relief

Resolve payroll tax issues and Trust Fund Recovery Penalties promptly.

IRS Tax Lien Resolution

Stuck with an IRS tax lien? You have options! Resolve it by paying the debt in full (lien release), negotiating to allow other creditors to take priority (lien subordination), requesting removal of the lien from specific property (lien discharge), or having the public notice of the lien withdrawn while starting an installment payment plan (lien withdrawal).

Tax Levy / Seizure Resolution

Stop IRS levies on your bank accounts, wage garnishments, and more to protect your assets.

IRS Penalty Forgiveness

Reduce penalties through First Time Penalty Abatement or Reasonable Cause Abatement.

IRS Appeal

We’ll guide you through the IRS appeals process to ensure your case is heard fairly.

Tax Return Identity Theft

Assist in filing Identity Theft Affidavits if you become a victim of tax identity theft.

IRS Debt in Bankruptcy

Provide an analysis to your attorney on which tax periods are eligible for bankruptcy and explore alternative collection methods for remaining taxes.

Don’t Wait, Get Help Today & Find Peace of Mind!

Ignoring IRS tax debt can lead to serious consequences, including penalties and levies. Take action now to mitigate these risks and regain financial stability. Let us handle complex communications with the IRS so you can focus on what matters most.