Installment Agreement
The overwhelming majority of delinquent tax cases are resolved with a monthly installment agreement. If you owe under $20,000 you can probably negotiate a short term payment plan on your own.
However, if the amount is larger and the payment plan is longer, the tax collector is going to require financial information. It is this financial information that trips up most all of our clients. The financial statement forms may look simple, but every client we have complete the form makes several serious mistakes.We know how the IRS determines monthly income and how it must be verified. We know what expenses they allow and which they do not allow. We know which expenses require substantiation and which do not. Once we have prepared the financial information correctly it will show us how we can resolve your tax debt.
We may be able to put off all payments for months or even a year or longer if you are in a hardship situation.
We can stop all collection efforts while an payment agreement is worked out.
We can negotiate a long term payment plan that will fit your budget and can last as long as 10 years.
We can also determine if there is a way to reduce the total amount owed.
If you owe the IRS more than $20,000 wouldn't it be smarter to have a professional with 30+ years of experience handle the matter for you? Someone who knows how the IRS works? We will use our former IRS experience and our current up to date knowledge of IRS practices and procedures to resolve your worst tax problems.