Best Certified Public Accountants in Jacksonville, FL

Another frequently asked question is about filing past tax returns. Filing your return is the first step in the IRS tax debt relief settlement process. Taxpayers must be in compliance in order to negotiate IRS tax debt relief. After your past due tax returns are processed, I will evaluate the possible solutions so you can make a fresh start!

As a tax professional, I use an interactive analytics software by Canopy that uses your responses to recommend the best course of actions to review. We will go over the recommendations together and discuss options, outcomes, and other measures to qualify you for additional relief.

The IRS uses formulas rather than negotiations to reach payment plan or Offer In Compromise figures. Negotiations with the IRS only tend to take place during audits, tax court, or Offer In Compromise appeals. Everything else is done by way of formula. In recent years, the Internal Revenue Service (IRS) has been more amenable to working out late tax payments, usually by installment agreements. But you have to address the problem up front, be proactive in how you negotiate, and not keep Uncle Sam waiting too long for his money.

There are many options for resolving your tax debt with the IRS. Some of the most popular include: Offer in compromise/Fresh Start Progrm Lien Removal Levy Release Installment Agreement Penalty Abatement Currently Non Collectible Status