Services - Tax Relief/Resolution
Tax Relief Resolutions for Individuals and Business
Tax Negotiation- Appeal for Discharge of Taxes: Our in-house experts understand your legal rights as a Taxpayer. These rights include an explanation as to why the tax is due and an Appeal process to possibly get Tax Relief which would reduce or eliminate the Tax amount due. Our job at Tax Protections Services is to defend you though an Appeal, or other strategic actions that would Protect you against the IRS; thru our knowledge of Tax Resolution, through the Tax Negotiation process.
Tax Debt Relief Company: There are a number of different options to resolve past due tax matters with the IRS. However, few are aware of the options and more importantly what fits your individual situation. Tax Protection will customize each Resolution for you, to provide Tax Relief, an IRS discharge or IRS Tax Forgiveness.
IRS Collections: The IRS Is the largest Collection agency in the world. If you can not pay your past due Taxes, our goal is to work with you to Resolve your Past due Tax Debt before the IRS collection becomes aggressive. Ideally, we would prefer being involved before the IRS Collection begins. Past due Collection Actions can range from applying your subsequent tax year refunds to your past due taxes; to seizing your property and assets. Tax Protection will protect your assets though any legal action needed , until such a time that it can be determined how to pay the tax , and how much to pay to obtain a partial or Total discharge on amount of the Taxes due.
What are some of my Options if I Can not Pay my Past Due Taxes?
An Offer in Compromise (OIC) : An agreement between a taxpayer and the Internal Revenue Service and certain States , to settle a taxpayer's tax liabilities for less than the full amount owed, potentially saving thousands of dollars providing Tax Relief. Taxpayers who can fully pay the liabilities through an Installment Agreement or other means, won't qualify for an OIC . However under certain circumstances, taxpayers can have their Tax Debt partially forgiven.When the IRS considers forgiving tax debt, the present financial condition of the taxpayer needs to be fully disclosed. The IRS cannot collect more than a taxpayer can pay. IRS statement; “We generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time." Call us today to learn more about this program that will reduce or eliminate your tax debt.
Call us for a Free Consultation: Our qualified Experts, Attorneys, Accountants and Registered Agents, are standing by for you. 1-800-927-4363
The Fresh Start Program
This Program was created to help a greater number of financially-distressed taxpayers and to resolve tax problems more quickly than in the past.
The IRS Fresh Start Program makes it easier for taxpayers to pay Back Taxes, avoid Tax Liens and avoid IRS Collection efforts. Even Small Businesses that are past due on Taxes, may also benefit from the Fresh Start Program. A requirement of the program is to complete and file any Past due State and Federal Tax Returns. Fresh Start can be in many forms including; Tax Debt Forgiveness; Tax Debt Relief; Offer and Compromise, Lien Removal, Levy Removal, Discharge of debt, and others actions. In addition, 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 generally $10,000. However, in some cases, the IRS can still file a lien notice on amounts less than $10,000. Please contact us for more information.
Fresh Start expanded and streamlined the Offer in Compromise (OIC) program. The IRS now has more flexibility when analyzing a taxpayer’s ability to pay. This makes IRS programs available to a larger group of taxpayers. An Offer in Compromise is an agreement that allows taxpayers to settle their tax debt for less than the full amount. OIC Provides IRS Tax Forgiveness;Back Tax Relief, IRS Tax Forgiveness, Lien Release, Levy Release, and other kinds of IRS Tax Relief.
Fresh Start also changed the Currently-Not-Collectible program to made it available to a larger group of Taxpayers. When a taxpayer is in this status, enforcement actions cease.
Our tax professionals are very experienced with the IRS Fresh Start Initiative.It is important for us to understand your individual situation so we can apply the correct strategy for success. Our goal is to get to a Tax Settlement that is reasonable and obtainable.
For assistance call 1-800-927-4363 for a free consultation
What is Abatement of Penalties or Interest?
Under the abatement process, the IRS provides Tax relief for all or part of the accrued penalties and/or interest, but not the underlying past due Tax Liability. The process by which we can apply to waive the charges is called Penalty Abatement. In some cases, the IRS may ask you to pay the tax including interest and penalty in full before they agree to reduce or remove the penalty. You will need strong and convincing documentation for any reason for Penalty abatement or Interest Abatement. Call us to learn more about this program. We can help.-No Upfront Fees
Call us for a free consultation on Penalties or Interest Charges or any notifications you have received from the IRS. CAll or Experts at 1-800-927-4363
What is A Collection Appeal?
A Collection Appeal is an legal action by a taxpayer or Business who has been threatened with an IRS Levy or Seizure. The goal of the IRS Appeal Division is to "settle" disputes between the IRS and taxpayers. The appeal is assigned to an Appeals Officer who is required to make a decision. We recommend calling us or another Tax Professional for a Free consultation before you talk to the IRS. 1-800-927-4363
What is Innocent Spouse Relief ?
Innocent Spouse Relief program provides relief for spouses or former spouses who filed joint income tax returns. Couples filing a joint tax return are both liable for the tax liability, referred to as joint and several liabilities. In the case of a separation; the IRS provides a process for both spouses. If an application is approved it will result in the Release or Forgiveness of Past Due Taxes debt or other liabilities. Several factors must be met in order this IRS code to apply. Learn more about this IRS program; call for free consultation with No Upfront fees.
What is Equitable Spouse Tax Relief?
Equitable Spouse Tax Relief is another program in which the IRS broadened the definition of Innocent Spouse Tax relief and therefore making this program available to more Taxpayers. Obtaining Innocent Spouse Tax Relief is difficult as the IRS receives over 50,000 a year and approves fewer than 50%. In any program that would produce forgiveness of debt, it is required that Past due Income Tax Returns be filed to date. Our goal is to get to a Tax Settlement that is reasonable and obtainable. Call our Tax Expert with additional questions, as every situation is different. We can help you!
What is The Statue of Limitations?
The Statue of Limitations in a law that says the IRS has 10 years from the date of assessment (usually close to the filing date) to collect all taxes, penalties and interest from you. Tax Protection is a Tax Relief Company providing a Tax Resolution specialist that can help resolve your back taxes and IRS problems.Free Consultation
What about Bankruptcy for Tax Relief?
Many IRS taxes, Penalties and Interest do qualify for a complete Tax discharge in Bankruptcy. However, many Taxpayers file bankruptcy that often results in not Discharging income taxes that could have been accomplished if the taxpayer had done things differently. Bankruptcy laws are very complex. Consult a professional before deciding to take this option.
If you have significant creditors other than the IRS , or if the IRS is being totally uncooperative, bankruptcy may be your best option. Bankruptcy is probably not your best alternative if the IRS is your only significant creditor. If you have few assets, you will do well with another IRS Program
Call us For a free Consultation and NO upfront fees
What is an IRS Installment Plan?
An IRS Installment Plan is a payment plan between you and the IRS. The IRS has some flexibility regarding the payment amount as long as the debt will be paid off. The agreement comes with string attached, such as keeping you current on this payment plan and filing and paying any future tax liability. The IRS may or may not assign a Revenue Officer to determine the maximum payment they can get from you. Please do not deal with them without a Tax Resolution firm.
Tax Protection is here for you.
What is Currently Not-Collectible mean?
IRS Policy states that if the Taxpayer presents information that shows they cannot pay the taxes due and reasonable living expenses, the are deemed Not Collectible. IRS Collections may stop, but interest and penalties continue. The IRS can revisit this status anytime, and could re-start collection actions.
Please consult a Tax Professional . We deal with these types of issues daily. That is all we do.
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