Owe IRS Trust Fund Tax Debt? We Can Offer Tax Relief Solutions With Former IRS Agents, Revenue Officers. We are affordable tax experts in tax problems with the IRS & State. Since 1982.
We can handle anything from a simple IRS notice or letter, tax representation at all levels filing of back tax returns including appellate and Tax Court.
We have over €200 professional tax experience and over 100 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS.
As former IRS Agents, we both worked and taught the IRS tax debt settlement programs.
The Internal Revenue Service will individually engage those responsible under section 6672 of the Internal Revenue Code. This is the Trust Fund Tax Assessment.
Once these assessments are made, IRS collects the funds as if personal taxes are owed and the same procedures are followed.
Tax Debt Options for Settling Back IRS Trust Fund Debt
There are three basic ways that taxpayers settle their current tax situation for back taxes with the Internal Revenue Service.
There are different ways to settle IRS tax debt and there are generally three programs that the taxpayer can qualify for to pay back taxes owed to IRS.
1. The first is a hardship or currently non-collectible program.
There is good news and bad news about this program. After IRS takes a current documented financial statement, IRS may determine you are not collectible at the current time. IRS will suspend your case for a period of 1 to 3 years and put a freeze on it.
The good news is IRS’s off your back for a couple of years and the bad news is penalties and interest still run on it.
Taxpayer should also be aware that the case will come out every couple of years to be reviewed. Its only a part time fix.
2. The second program is the installment agreement or monthly payment.
After IRS takes a current financial statement they will determine how much money they expect from you on a monthly basis. IRS has certain national standards test that they use to determine if the taxpayer will be placed into a payment agreement.
You can find the national standards on our site.
3. The third way to sell your debt is to qualify for an offer in compromise, this is where you can settle your debt for pennies on the dollar. it’s important for taxpayers to understand that not all are eligible for the offer in compromise program.
FACTS:
* There are 78,000 offers filed each year,
* 38% usually approved,
* The average tax debt settlement $9500.
Before you get excited, there is a pre-qualifier tool.
I suggest everyone who wants to go the route was the direction of the offer make sure they are truly qualified before wasting time and money.
As a former IRS agent I taught the offer in compromise program at the IRS. I can tell you within seconds of your settlement candidate.
After review of your current financial statement we will let you know which of the program to qualify for and start to remove IRS out of your life and help pay back taxes.
Call us today for free initial tax consultation and we will walk you through the process and tell you how many years you have to file and let you know the different tax strategies based on your current financial conditions. <><
You will never have to speak to the Internal Revenue Service, ever. We handle all the communication.
Feel free to call us by voice or Skype us directly.
We are a full-service firm with all work being done in-house.
When you call our office you will speak to a true tax professional and not a salesperson.
We know the system inside and out and have saved thousands of dollars for clients over the years.
Owe IRS Trust Fund Tax Debt + Tax Relief Solutions With Former IRS Agents, Revenue Officers
