Tax Services

Our team of industry experts and tax professionals partner with business owners to minimize tax liability and ensure tax savings. We provide strategic tax planning that integrates both personal and business objectives.

Whether it is a personal tax strategy that dramatically affects your business plan or a business tax strategy that affects your family’s future; our tax advisors are experienced and experts in tax research and tax planning to ensure that your overall tax burden is minimized.

Tax Preparation Services

Our tax services and capabilities include:

Federal Taxation(Individual & Business)
State & Local Taxation
Income Tax Consulting
International Tax Consulting
Sales & Use Tax
Payroll Tax and Reporting
Representation before the IRS and State Taxing Authorities
Estate Tax & Planning
Personal Tax Planning
Not-for-Profits Tax Filing & Reporting
Real Estate Tax Consulting
Succession Planning

Tax Relief Services

If you’re having trouble paying your taxes when they’re due, there are a few ways to get IRS tax relief. Below are the most popular avenues to consider.

Offer in Compromise

This type of tax relief is a sort of negotiation or compromise with the IRS for those struggling to pay their full tax liability or if doing so creates a financial hardship. It’s a legitimate way for you to settle your tax delinquency for less than what you owe and it takes into consideration a few factors, such as your income, your asset equity, and your overall ability to pay.

To ensure you’re eligible, all required estimated payments and tax returns must be made along with the application fee. You’ll also need to fill out a Form 433-A (individuals) or a 433-B (businesses), and a Form 656 along with all necessary documentation.

IRS Repayment Plan

Another strategy for tackling tax is the IRS Repayment Plan. This allows you to break down the full amount you owe into smaller and more manageable payments while avoiding levies and garnishments. You’ll still be on the hook for interest and penalties for being late until you’ve paid off your balance in full.

This type of tax relief is either short-term (payments made over the span of 120 days or less) or long-term (payments made over the span of 120 days or more). A short-term payment plan is only for individuals, not businesses, and won’t be liable for a user fee. The most you can owe with a short-term plan is $100,000 in combined taxes, penalties, and interest.

A long-term plan has fees and the most you can owe is $50,000 in combined taxes, penalties, and interest.

Penalty Abatement

If a hefty tax bill you can’t pay isn’t enough, there can also be penalties and interest that are piling up and from which you may need relief. Penalty abatement is a form of tax relief meant for those with special circumstances that have led to an inability to pay taxes, such as experiencing a natural disaster, hospitalization, serious illness, or other uncontrollable circumstances. This is known as reasonable cause penalty abatement.

There is also a first-time penalty abatement, which is the most widely available type of IRS waiver. If you don’t have a track record of tax penalties and not filing your taxes on time in the past, the IRS may qualify you for a first-time penalty abatement where they will waive your penalties.

Every day your bill goes unpaid, the IRS will tack on a substantial amount of fees and interest for each day the amount owed goes unpaid. So it’s worth seeing if you qualify for penalty abatement.

Tax Relief Companies: Are They Worth It?

In short, yes. Tax relief companies not only provide guidance on the harrowing and complex process of tax relief but they can help lower what you owe substantially. Tax relief services are comprised of licensed tax professionals who are well-versed in navigating the maze of IRS rules. Typically through a free consultation and financial analysis, they can determine which tax relief program you qualify for and help you through the process from start to finish for a fee. Additionally, tax relief companies can provide guidance on IRS audits and even go to court or communicate with the IRS on your behalf.

The key is to find a reputable tax relief company to work with and avoiding scammy businesses. While there are legitimate firms that will require an upfront fee, there are also companies that will try to scam taxpayers by making unreasonable promises to eliminate their tax owed for an upfront payment. So how do you know who is legit?

The best way to ensure you’re working with a reputable tax relief company is to look at online reviews and testimonials, and make sure the staff consists of licensed tax attorneys. A reputable business will offer a free consultation and won’t make any promises or guarantees to solve your tax problems.

Below are some signs of a tax relief company scam:

Promising or guaranteeing to eliminate what you owe to the IRS
Soliciting their services through letters or emails
Failure to assess your specific tax background
Trying to delay your case, like asking for the same documents repeatedly
Not being upfront about their fees

IRS LIENS & LEVIES

Are you currently dealing with a IRS Tax Lien or Levy? This is one of the first ways in which the IRS attempts to collect outstanding debts. We can help resolve your Lien or Levy.

UNFILED RETURNS

Do you have years of unfiled returns? It’s easy to put it off once you’ve missed one. Don’t let penalties compound. Get in touch with Tax Resolution today.

BACK TAXES

Do you owe back taxes for some of these common situations? self-employed and not paying quarterly? Taking an incorrect exemption? Failing to file for several years? Let Us Help

PAYROLL TAX ISSUES

Do you owe thousands of dollars in Payroll Taxes? Have you not filed in years? Let our experienced staff reduce your stress and tax burden today.