File Back Tax Returns & Get IRS Tax Settlement at the Same Time – Jacksonville, Tampa, Miami, Ft.Lauderdale – FLORIDA
File Back Tax Returns & Get IRS Tax Settlement at the Same Time
If you need to file back tax returns and you have put this off because there is some fear, there is a process to file all your back tax returns and apply for an IRS settlement called an offer in compromise or tax debt settlement.
What is a Offer in Compromise
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship.
IRS will consider your unique set of facts and circumstances:
- Your Ability to pay;
- Your Income;
- Your Expenses; and
- Your Asset equity all will play a key factor in IRS tax settlement.
The IRS will generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.
IRS will only be interested in your assets and income.
Please know the Offer in Compromise/IRS Settlement program is not for everyone.
We will have you walk through a pre-qualifier tool before we apply for an IRS tax settlement. It will save you time and money and in the same time make sure you are an eligible candidate to settle your IRS taxes.
If you have not filed your Back Tax Returns
You should know you are not alone.
Millions and millions of taxpayers has failed to file their old, back, and past due tax returns.
Once the snowball starts of not filing your tax returns the years add up quickly.
Taxpayers usually bury their heads in the sand for no reason. The process of filing your back tax returns and getting IRS settlements is much easier than taxpayers think.
If you want to get this process taking care of, just contact us today and we will walk to this process with you with a free assessment and let you know how the simple process can be.
We are comprised of tax attorneys, certified public accountants, and former IRS agents with over 60 years of combined work experience in the local, district, and regional tax offices in the state of Florida.
We better practice since 1982 and we are A+ rated by the Better Business Bureau.
If you need to file your back tax returns – With or Without records
If you need to file your old, past due, or late tax returns you can simply order your tax records from the IRS.
We can prepare your returns and send them to Internal Revenue Service.
If you have lost, destroyed, or no records we can reconstruct your tax returns. As former IRS agents, managers and tax instructors we have reconstructed thousands of tax returns over the years.
The Process
The process happens by us contacting the Internal Revenue Service and letting them know we will be filing your tax returns. Stop the worry now.
Once we notify the Internal Revenue Service and file a power of attorney, you will never have to speak to the Internal Revenue Service. All communication goes through our firm.
We will pull income tax transcripts which will allow us to see the income information that IRS has received on you as reported by third parties. We do this to make sure that IRS may not pull your return for a future audit based on unreported income.
If you do not file your own tax return IRS has the right to file for you.
IRS will prepare your return under 6020 B of the IRS code and they will do you absolutely no favors.
You will pay the highest amount possible. We can undo this process by filing for an audit reconsideration but is much more timely and expensive.
We will contact the IRS
Once we file your tax returns we will contact the Internal Revenue Service and provide them with the current financial statement.
With the current financial statement documented with all income and expenses the IRS will then process a tax settlement for you.
Tax settlements may come in the way of hardships, installment agreements or the offer in compromise which is mentioned above.The OIC will end your problem once and for all while the others are temporary solutions.
Once we review your financial statement we will walk you through the process of how IRS will settle your case.
We are one of the most experienced, trusted and honest firms in the tax resolution industry. We are A+ rated by the Better Business Bureau.
File Back Tax Returns & Get IRS Settlement at the Same Time – Jacksonville, Tampa, Miami, Ft.Lauderdale – FLORIDA