So you have filed your returns, but you had another problem. You didn't have the money to pay what was owed. May be you paid what you could and hoped to catch up next year. With interest and penalties, you can find yourself in a downward spiral with IRS Notices stating you owe three to four times the original amount! IRS Debt Dallas, IRS Debt Plano, IRS Debt DFW, IRS Debt Allen TX, IRS Debt Frisco
Finding yourself in such a distressing situation, you probably think the only choices you have are to write a big fat check and pay the full amount, including interest and penalties or you can keep ignoring the IRS notices while the penalties and interest keep piling up. IRS Debt Plano, IRS Debt Dallas, IRS Debt DFW, IRS Debt Allen TX, IRS Debt Frisco, IRS Debt McKinney, IRS Debt Richardson
Well we can actually help you with a variety of strategies, such as..
- Reviewing prior years tax returns for unclaimed deductions that may reduce the original tax liability. IRS Debt Plano, IRS Debt Dallas, IRS Debt Allen, TX
- Depending on how the returns were file or tax was assessed, asking for an audit reconsideration for the tax years owed. IRS Debt DFW, IRS Debt Frisco
- Negotiate with the IRS to get penalties reduced or even abated, leaving the original amount and interest to pay. IRS Debt Allen TX
- Working with you to apply for an installment plan for paying your tax liability.
- Submitting an offer-in-compromise that may significantly reduce the overall tax debt you owe.
IRS Debt Richardson, IRS Debt McKinney
