IRS COLLECTIONS & APPEALS
Every year, many Americans are given tax refunds by the IRS. Some people, however, owe money to the IRS but cannot pay the taxes all at once. Many people think that they can catch up eventually but are wrong. It is this misconception that causes frightening problems.
Unfortunately, life brings unexpected events such as medical problems, costly repairs, legal expenses, or job terminations. When life’s unexpected twists and turns cause financial problems for you and your family, you could suddenly find yourself wading in several years’ worth of outstanding tax debts, sometimes even three to four times the amount that you were originally responsible for paying. You can only tread water for so long, and before you know it, your back taxes could cause you to sink underwater.
When you consult the with us, we will go over several options for resolving your unpaid taxes. There are many options available, and we are committed to determining which solution can render the best result while allowing you to pay the least tax possible.
How can you help me out of my tax troubles?
It’s truly unbelievable how fast penalties and interest can add up on back owed taxes. You have a choice: You can either pay the full amount that you owe, including interest and penalties, or you can just keep ignoring the IRS notifications.
As time passes, however, more interest and more penalties will continue to build on top of your unresolved debts. Leaving taxes unpaid could create disastrous consequences. This scenario is all too common, and many individuals find themselves trying to paddle against the overpowering current of debt. Even if you can’t afford to pay your back taxes, we can give you the help you need to settle your IRS debt.
If you are struggling with debt due to back taxes that you owe to the IRS, do not worry any more.
The following are some of the ways that you can deal with the income tax that you owe:
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Have the IRS determine that you currently are unable to pay and suspend collections
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Pay in monthly installments
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Reduce the amount that you owe by filing an Offer in Compromise
