AFFORDABLE Former IRS Agents and Managers who Know the Systems, Since 1982. Hear how the System Works
As former IRS agents and managers we know every possible solution to remedy yourself and your business from IRS tax debt.
We know all the methodologies the settlements of protocols, the systems and formulas to get you an affordable IRS tax settlement.
We have over 65 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
Not only were we former IRS agents and managers were also teaching instructors in on-the-job instructors as well.
How Your Case Will Be Worked
We have worked hundreds upon hundreds of these cases as both former IRS agents and being in private practice. We have over 206 years of professional taxes and worked countless numbers of IRS business and personal cases regarding tax that matters. We are true experts to understand the system of how to negotiate IRS delinquent payroll tax debt.
When IRS works any business case that involves delinquent payroll tax debt, one of the first things they will ask for is a current business financial statement on a form 433B, that is the only form Internal Revenue Service will use for the evaluation of the business.
In conjunction with the 433B, the IRS will also ask for a personal financial statement to evaluate your current individual finances as well.
IRS will expect that financial statement to be completely documented and verified. We are true experts for packaging these cases and submitting them to Internal Revenue Service. since we worked in the system we know exactly what their standards are.
As a general rule IRS will close the case out using the below closing methods.
- After assessing of your financial statement, the IRS may determine that your presently a hardship and are currently not collectible, which means you simply cannot pay the debt at this time and IRS will reevaluate your case in two or three years.
Keep in mind that interest and penalties will continue to run however IRS will expect you to stay current file all tax returns. If you failed to stay current on filings or depositories IRS will bring the case out back into the field for immediate follow-up.
2. IRS Installment and or IRS Payment Plan Agreements.
Your current financial statement may dictate that you have money left over at the end of the month to pay IRS back taxes.
the importance of filling out your financial statement correctly will determine in fact that you do have the ability to pay back and that IRS does not force you to make a payment you cannot make. You will find out many times at the IRS’s forces taxpayers into making a financial statement that is impossible for them to make. Do not be trapped into this position.
That’s why it is critically important that you get a true tax professional expert who understands IRS and can get you a reasonable payment agreement with IRS and not forced installment payment.
3. The IRS Offer in Compromise Tax Settlement
The offer in compromise allows you to settle your tax debt for pennies on a dollar.
You must understand the strict policies of the offer in compromise because they are very tight, rigid and strict standards to get the offer accepted.
Last year 38,000 taxpayers businesses and other entities had their cases settled by internal revenue service through the offer in compromise for an average of $6500.
There is a pre-qualifier to let you can walk through to make sure you are qualified and suitable candidate.
If you owe back business tax and want to consider a tax settlement, installment payment agreement or to be placed into a current hardship call us today for free initial tax consultation.
A note of Interest
Anytime you are dealing with Internal Revenue Service it is critical that all tax returns are filed and you are making current tax payments in the month or year that you were in.
Many times if IRS feels you cannot maintain your current payments they will not enter into installment payments consider an offer in compromise or place you in hardship. The best option they may have is to close the entity down. Call us today to learn more.
We are true IRS tax experts and have a specialty expertise in the negotiation of IRS delinquent business tax debt.
How to Negotiate IRS Delinquent Payroll Taxes Debt + Affordable IRS Business Tax Settlements + Since 1982
