The IRS has increased its auditors and is getting more aggressive on collecting taxes that they believe are owed by taxpayers and small businesses. The IRS is greatly increasing the number and intensity of audits and there is a new emphasis on enforcement.
If you find that you are being audited, or the IRS is pursuing collection activities against you, we can help. You may not even know why the IRS is after you, we can get the answer and find a resolution to your problem. We can even have a past audit reopened if it would benefit you.
We have the expertise and experience to defend you against the IRS. We have been defending clients from the IRS for over twenty years. We have former IRS and FTB auditors and personnel on staff to work your case.
What options are available to me to solve my tax problems? We provide the following services and more:
Audit Representation We can handle your audit all the way through the highest level of appeals for IRS or FTB tax issues and we handle all of the communications with the auditor. We act as your advocate and prepare a defense for you. We meet with the IRS instead of you and develop a strategy to deal with the IRS to minimize your financial pain.
If you are being audited and you have ownership interest in other tax entities, such as partnerships, LLCs, corporations or trusts, the IRS may try to expand the audit to include these, to see if you are hiding income or doubling up on deductions.
Installment Agreement For undisputed tax liabilities, we can set up a monthly payment plan for you to pay back your tax liability. This will get the IRS off your back. The IRS has guidelines as to what amount they will accept and the time frame in which they will accept it, and they will require that we submit financial information about you, before we can negotiate an installment agreement.
Offer in Compromise (OIC) An offer to the IRS to lower your total tax liability due to financial constraints. This is a very popular solution advertised by many rip-off promoters. Caution! Do not be fooled! Most people do not qualify for an OIC. The OIC process is long and difficult, often taking a year or two to bring it to a successful conclusion. The IRS only accepts about 14% of the OICs it receives. We would let you know if you have a chance of qualifying before ever submitted the OIC paperwork to the IRS.
Currently Not Collectible If you cannot afford to pay the IRS, even a small amount on a installment plan, and do not have any assets that can be used, then we may be able to get the IRS to back off of all collection action against you temporarily. The IRS would classify you as “currently not collectible”. We are required to submit financial information about you to support the hardship and may need to renew it every six months or year.
Bank Levies & Wage Garnishment Releases The IRS can levy your bank account or garnish up to 70% or your wages. We can negotiate with the IRS to have these released in as little as 4 business days.
Penalty Abatement The IRS assesses penalties on tax liabilities. We may be able to get the IRS to reduce or eliminate certain penalties, if we can show a good reason why they should.
Bankruptcy Certain taxes can be discharged in bankruptcy. It is important in any tax liability case to consider whether this is an option for you. There are rigid timeframes for qualifying to discharge taxes in bankruptcy. Having a precisely timed tax resolution plan is essential.