Tax Help Advisors, LLC stands with you against the IRS to bring you relief from the tax problems that are robbing your peace of mind.
First Step You should file all back tax returns before applying for any payment agreement with the IRS. Filing all back tax returns is the first step in the process toward tax relief.
The IRS may take money from your paycheck or bank account by garnishment or levy. They may place liens on your home and other personal and business assets.
The IRS charges penalties as a way of keeping you in compliance with your tax filings and tax payments. When you fail to pay your taxes on time, you are charged huge penalties and interest. Sometimes the penalties can be as large as the tax debt. If this is the case for you, it could make it more difficult to resolve your tax debt.
The Offer in Compromise program is the IRS version of “Let’s Make A Deal.” An offer in compromise allows you to settle your tax debt for less than the full amount you owe. Qualifying for an offer in compromise settlement can save you thousands of dollars in taxes, penalties, and interest. An offer in compromise is an agreement between you, the taxpayer, and the IRS to settle your tax liabilities for less than the full amount owed.
Innocent Spouse Relief is a solution for a spouse who has been unfairly treated by their spouse or ex-spouse regarding their prior tax filings. Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows. Both taxpayers are jointly and individually responsible for the tax and any interest or penalty due on the joint return even if they later divorce.
Knowing your Collection Statute Expiration Date (CSED) is extremely important in planning the solution for your tax problem.