Best Tax Preparation Services in Honolulu, HI

Yes, it is possible to negotiate directly with the IRS and state revenue agencies. If you owe less than $10,000 and your case is straightforward, you may be better off dealing directly with the IRS. Otherwise, you can often benefit from hiring a tax resolution company to negotiate on your behalf. Tax relief experts, such as enrolled agents, can save you time and improve your chances of negotiating generous terms on your tax settlement.

The IRS can seize or garnish almost any of your assets, including real estate property, salary and wages, bank accounts, retirement accounts, pension plans, social security, and more.

It varies depending on the complexity of your case. Simple cases, such as tax penalty abatement or installment agreements on small amounts, can take a few months to fix. However, more complex issues with larger balances can take over a year to resolve.

Our Enrolled Agents at Tax Resolution Services of Hawaii have familiarity with both federal and Hawaii-specific tax laws which allows us to provide a tailored strategy for your Tax Resolution case. The profession has been regulated by Congress since 1884. Enrolled Agents are licensed by the federal government. Enrolled Agents are the only tax professionals who receive their right to practice from the United States Government. Enrolled Agents are authorized to appear in place of the taxpayer at the Internal Revenue Service. Only Enrolled Agents are required to demonstrate to the IRS their competence in matters of taxation before they represent a taxpayer. Enrolled Agents take a difficult two-day examination administered by the IRS, which covers taxation of individuals, corporations, partnerships, estates and trusts, procedures and ethics. Enrolled Agents are required to complete a minimum of 24 hours per year of continuing education to keep them abreast of any and all tax law changes. Our national association (NAEA) requires a minimum of 30 hours per year which also includes ethics. Enrolled Agents are bound by Circular 230, which gives them limited client privilege in situations where the taxpayer is being represented in cases involving audits and collections matters. Enrolled Agents are subjected to a rigorous background check conducted by the IRS. Unlike CPAs and attorneys, who may or may not choose to specialize in taxes, ALL Enrolled Agents specialize in taxation.