The tax professionals at Flat Fee Tax Service prides valuable IRS tax debt help at very affordable fees. Our team, led by an IRS Tax Attorney, has a stellar record of achievement.
IRS Tax Debt Help (Services):
The IRS put together a tax relief program aimed at taxpayers owing less than $50,000 to help streamline the burden of the enforcement process for both the taxpayer and the IRS. The guidelines offer some very attractive tax savings for qualifying taxpayers. It is highly recommended to have a trained tax professionals work with you through this program to guarantee you obtain the result you desire and require. The Fresh Start Initiative focuses on three components: Releases of Federal Tax Liens, streamlined Installment Agreements, and the Offer in Compromise.
The majority of taxpayers seeking assistance with their tax debt want to go down this path. The Offer in Compromise (OIC) program is geared towards taxpayers in financial hardship or with certain exceptional circumstances that would create financial hardship if required to pay the past-due tax. The process can take on average between 10 to 12 months, but the result of a tax settlement is worth the wait. We prepare all the required forms after verifying a taxpayer qualifies for this program.
FLAT FEE TAX SERVICE HAS A 96%
OFFER IN COMPROMISE SUCCESS RATE
This is a very popular option for those taxpayers who can’t afford monthly payments but may have assets of value that they do not want to sell or have taken from them. If your current monthly income is less than your monthly expenses, this is a good place to start when choosing a resolution path. Use Form 433-F to calculate your monthly income and expenses and show that you have no disposable income at the end of the month.
Most taxpayers can resolve their tax debt with this option. Most of the time the total tax debt is paid in full, but the burden of paying a large amount at one time is shifted over a number of months without threats of collection. There are many different types of Installment Agreements, usually depending on the amount of tax debt you owe and your compliance history. Setting up an IA can prevent you from having liens filed as well as remove previously filed liens, as long as you agree to the terms of your IA. The IRS may require that the payment be made by direct debit.
A continuous garnishment on your paycheck that remains in place until your employer receives notice of release. A wage garnishment can only be released by submitting full financial information. Once released, consider entering into an installment agreement to avoid future collections.
FLAT FEE TAX SERVICE ROUTINELY HAVE AN IRS WAGE GARNISHMENT STOPPED AND RELEASED IN ONE DAY.
The IRS issues a one-time levy to your bank account and has rights to all of the funds in your accounts, up to the total balance due. An IRS bank levy can only be released within 21 days from the date it was issued. If you have a bank levy ordered by the IRS, please call us ASAP due to the strict release deadlines.
Many taxpayers simply need to file missing tax returns to become compliant again with the IRS. The tax professionals at Flat Fee Tax Service can prepare any tax return, personal or business, from the simplest wage earners to the most complex partnerships and corporations. Many taxpayers who owe for older tax years usually have many years that have not been filed and the IRS has decided to file for them and assess a tax balance.
If you live in Los Angeles, California and are searching for IRS Tax Debt Help at very affordable fees, give our team a call. Our comprehensive and free consultation will take 20 to 30 minutes. This will be well worth your time.
FLAT FEE TAX SERVICE – 1-866-747-7435