Whether you’ve known about these issues for a while or you only just received a letter — you are no doubt feeling some degree of stress and anxiety. It’s never fun to get a letter in the mail, but it’s vital that you realize you are not alone. In fact, millions of Americans find themselves in this position every year.
When you’re feeling the heat, the important thing you need to remember is that professional solutions do exist and in order to steer this solution towards the best possible outcome (for YOU, not the IRS) you need assistance from a reputable company that is committed to doing what’s right for you.
This is our promise. Because we know that having a reputable tax expert in your corner can make the difference between a speedy resolution that works to your advantage versus a drawn-out, expensive process that never seems to end.
Tax resolution is a big industry and we’ve been in the market for a long time. We know there are many big firms out there who promise to make your IRS problems “disappear” overnight. Unfortunately, it’s never that simple and we encourage people to think carefully before choosing a professional solution.
Are you a real client with a unique situation that needs to be carefully studied in order to reach the best possible agreement with the IRS? Or are you one of thousands of clients, all of whom receive the same basic treatment?
Our philosophy is that each case requires focus and special attention; there are no two people and no two cases the same. Every individual or business is unique; and we work with you, through any issues you have with the IRS, by using a unique approach that is tailored to your specific business or circumstance.
Our CPA experts have years of experience in resolving problems with the IRS, and we apply the full force of this experience to ensure you receive the most benefit.
It’s easy to panic when you find a letter from the IRS in your mailbox, notifying you that you have been selected for an audit. It’s easy to think about all of those worst-case scenarios that could happen – are your finances completely in order; could there be anything wrong with the company statements; and so on. But the fact is, many audits actually work out in favor of the taxpayer.
That’s why we think it’s important for you to stay calm and realize that professionals are here to help. You have rights, and even if the IRS has valid positions on your tax situation, it’s possible to work out resolution that minimizes your tax liability or even secures refunds from the IRS.
The thing most people don’t realize is that every year, many thousands of audits actually result in payments from the IRS to the taxpayer. Although this may not happen in your case, it’s good to know that with the right professional help backing you, the outcomes are much more favorable than if you tried to tackle the IRS yourself. The difference is, we KNOW what you need because we’ve seen it all before. We know the good from the bad, and we know how to ensure you are getting maximum assistance.
A levy is the IRS's way of getting your immediate attention. What they are saying is, we have tried to communicate with you but you have ignored us. Levies are used to seize your wages and whatever other assets you have. If you own it, they can take it. That includes checking accounts, auto's, stocks, bonds, boats, paychecks, and even Social Security checks!
Imagine waking up one morning and finding all your bank accounts have been cleaned out. They will take every dime. If this amount did not cover what is owed, they'll keep taking your money until you cover your tax liability. They know that levying your bank account will cause checks to bounce, alerting many people that you have tax problems. But they don't care! Their sole objective is to collect the taxes owed. Period.
As bad as that is, a worse method is a wage levy (or garnishment). That's when most of your pay check goes to the IRS, they don't leave you enough to pay the bills, and most of your check goes to the IRS each and every week until the debt is paid.
If that doesn't accomplish what they want, they'll pull out all the stops. They'll seize your assets, and sell them at auction. That includes everything you own; home, cars, boats, jewelry, motorcycles, insurance polices, retirement funds, anything of value.
We are often able to get those levies released and help you get out of this terrible situation. Our goal is to get you even with the IRS, with what you can afford, and let you start life anew.
Federal tax liens – whereby the government puts in a claim against your property – are another method by which the IRS can legally collect unpaid taxes. The idea of having property and assets forcibly claimed by the IRS is extremely bothersome and stressful — but you need to understand it’s not the only way and we are here to help.
When your taxes are not paid the IRS establishes a lien against all of your assets (especially real estate). This gives the IRS the legal right to collect taxes from the sale of your assets, which includes just about everything you own.
The lien can be against you, your spouse, or your company. A lien against your company would seize your accounts receivables. At this point everything you own is just one short step away from becoming the property of the United States Government.
Liens filed against you by the IRS also show up on your credit report and often prevent you from opening a checking account or borrowing against any assets, like your home. The banks don't want the extra work when the IRS comes in to take your money.
With a Federal Tax lien on your record you can't get a reasonable loan to purchase a car. Think about paying 18-22% interest on a car that is already too expensive. You definitely cannot buy or sell any Real Estate. The list is endless.
If your IRS problems have been around for some time, you may be dealing with threatening letters, bank levies or wage garnishments. These are all methods that are used by the IRS to collect tax that is owed, or allegedly owed, by an individual, family or business.
Don’t make the mistake of thinking you’re alone in this process. We have many years of experience in helping taxpayers avoid wage garnishment (where the IRS takes money directly from your paychecks) and bank levies (where the IRS claims money from your bank account or other assets in order to satisfy unpaid tax debts). Even if your case hasn’t been handled professionally until now, it’s still possible to get a fresh perspective and put professional solutions into place — solutions that are designed to protect you and look out for your interests.
The idea that the IRS is on your side when it comes to financial matters is fiction. The IRS will not advocate for you or develop a strong case in your favor. Our team of experienced tax professionals will.
We’ve built a reputation on trust, and we offer our clients detailed analysis and advice that is absolutely dependable and up to date with local laws and regulations. If you’ve just recently been notified of problems or issues with the IRS, give us a call and we’ll lay the groundwork for a fast resolution that uses every available option in your favor.
If your IRS problems have been around awhile, it may be time to get our professionals involved to help solve any issues so you can get on with business and life, stress free.
With our help, we can put an end to these stressful IRS disputes, and set you up for a future where your tax situation is clear, compliant, and beneficial to you. Contact us today and we can give you the right advice and get you on your way to being IRS-debt-free.