Caution:
90% of Tax Resolution Firms will tell you that you qualify for an Offer in Compromise, or that you can settle for less than is owed to the IRS for a fee of $4000 to $6000, regardless of whether or not you have a legitimate chance of qualifying for an Offer in Compromise.
If you don't qualify for the IRS' Offer In Compromise program, a Payment Plan may be the way to resolve your problem. This is an agreed settlement between the taxpayer and the IRS, based on the National standards to determine what amount the taxpayer will be paying the IRS each month, but allowing the taxpayer to have the ability to afford food, housing, clothing, medical & transportation expenses. This is a complicated mathematical formula that has to be calculated. In most cases, the National standards do not have to be used for the first year. The actual expense of the taxpayer can be used and then they allow the taxpayer one year to come into compliance with the National standards. This is not something that the IRS will inform you of or assist you with. This is another reason why it is essential that you obtain professional assistance with this matter.
The good news is that there's a chance we can get your tax penalties removed. Please complete the Free Consultation form on the bottom of this page to get a better understanding of how we can resolve your tax problem.