Tax Help & Resolution
Tax Help & Resolution Services
Who needs tax help? Any person or business that owes the IRS or their state unpaid taxes and does not have the ability, whether it is through frustration, complication, or fear to adequately represent their own interests. Delinquent taxpayers may also just want an advocate in their corner.
What is tax resolution? Tax resolution is the process of taking existing IRS and state programs, then utilizing and implementing those programs to solve a taxpayer’s tax problem. The solution can include an installment agreement, a Currently Non-Collectible status, an Offer in Compromise, or a Bankruptcy.
If you have income or business tax problems, call John today for a free consultation. At the consultation, John will review your issues and give you a personalized plan as to how he is going to resolve your tax problem.
With regard to attorney fees for resolving your tax problem, John offers flat fees and flexible payment plans. John also accepts Visa, Mastercard, Discover, Amex and Paypal.
IRS Tax Audits
There are two types of tax audits and it is wise to have a qualified tax attorney assisting you if you receive a notification that you are being audited.
A desk audits occurs when the IRS’ computers pick up a discrepancy in a person's tax return. This typically occurs when the taxpayer misses a taxable item, such as a 401k withdraw or a 1099. The IRS will send the taxpayer a CP2000 letter informing the taxpayer of the discrepancy and letting them know of the additional tax they owe. The CP2000 letter will also give the taxpayer 30 days to respond. John offers a free consultation for taxpayers who receive a CP2000 letter from the IRS. Just bring the letter to the appointment.
This is the audit that most people are familiar with. An IRS agent has your tax return and is reviewing the return usually because there was something in the return did not make sense. When an IRS agent starts an audit on a year, they have the ability to include the 2 previous years in the audit as well. Most audits that start as one year audit get expanded to include previous years. The agent auditing the return will request information from the taxpayer. That information will be due by a date certain. It is important to always timely respond to an audit request for additional information. If you are being audited, bring your audit letter to John for a free consultation.
IRS Fresh Start Program
The IRS Fresh Start program makes it easier for taxpayers to pay back taxes and avoid tax liens. Even small business taxpayers may benefit from Fresh Start. Here are three important features of the Fresh Start program:
- Tax Liens. The Fresh Start program increased the amount that taxpayers can owe before the IRS generally will file a Notice of Federal Tax Lien. That amount is now $10,000. However, in some cases, the IRS may still file a lien notice on amounts less than $10,000. Some taxpayers may qualify to have their lien notice withdrawn if they are paying their tax debt through a Direct Debit installment agreement.
- Installment Agreements. The Fresh Start program expanded access to streamlined installment agreements. Now, individual taxpayers who owe up to $50,000 can pay through monthly direct debit payments for up to 72 months (six years).
- Offers in Compromise (OIC). Fresh Start expanded and streamlined the OIC program. The IRS now has more flexibility when analyzing a taxpayer’s ability to pay. This makes the offer program available to a larger group of taxpayers.
The IRS Fresh Start initiative expanded several programs to help taxpayers struggling with unpaid tax debt. The Fresh Start program increased the threshold to qualify for a streamlined installment agreement from $25,000 to $50,000, if the balance can be paid in full within six years (previously five years). Also, taxpayers can now avoid a tax lien filing with a direct debit installment agreement on balances between $25,000 and $50,000.
Another important change was to the offer in compromise program. Due to the changes, more taxpayers can qualify for an OIC.
In addition, the IRS increased the threshold for filling a notice of federal tax lien from $5,000 to $10,000. Fresh Start also allows taxpayers to obtain a lien withdrawal once their balance is paid in full or if their balance due is under $25,000 and they agree to direct debits from their checking account for their installment agreement payments. This is an important change since having a lien can hurt a taxpayer’s ability to obtain loans, obtain credit, or sell property.
Let's Get Into Compliance
In order to resolve tax problems with the IRS, the taxpayer must be compliant. Compliance means that the taxpayer has all required tax returns filed and is correctly paying their taxes in the current tax year. John can assist you with the preparing and filing of missing returns and has strategies to assist you with correctly paying your current year taxes.
Free Initial Tax Resolution Consultation
There are many tax related areas that we can help you with. If you don't see your specific issue mentioned on our site- contact us! We would love to help you figure out the proper resolution for you.