A Affordable Professional  Tax Firm, Since 1982.

Fresh Start Tax          “A”Plus Rated by the BBB      

A Local South Florida Professional Tax Firm     Practicing Tax Law in South Florida since 1982   

We have former IRS Agents and Managers who worked in the South Florida IRS offices handling your case

Income Tax Debt Relief is a specialty. Cases for Income Tax Debt Relief should be handled by a very experienced tax firm that specializes in this type of tax issues.

Our firm is uniquely qualified to handle all tax matters in income and business tax debt. We have on staff former IRS Agents and Managers that were instructors at the IRS and taught the offer in compromise program as well as tax settlements.

Call us for a free tax consultation and meet us for a face to face meeting. Meet the professionals that will be handling your case file.

How we work your case to immediately resolve your IRS matter of income tax debt settlement:

1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to the IRS.

2. We will make sure your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days.

3. The IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS requires a closing settlement method for each case.

4. Settlement agreements can be in different forms:

a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay. This is  also called currently noncollectable. Your case will go into a hardship status because you do not have the income to meet your current expenses. The IRS will use the National Standards Program to assess hardship.

b. Payment Agreements.  Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs IRS uses for the lowest possible amount required.

c. Offer in Compromise. There are three types of OICs:

1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.

2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct.

3. Effective Tax Administration – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists.

Call us for a free tax consultation. Free video conferencing is also available.