Question 1

What should I do if I received an IRS notice about unpaid taxes?

Accepted Answer

Don't ignore it, but don't panic either. IRS notices have specific deadlines that you must meet to preserve your rights and options. The first thing you should do is contact us for a free consultation where we can review the notice and explain exactly what it means.Many people make the mistake of trying to handle IRS correspondence on their own, which often makes the situation worse. The IRS has specific procedures and requirements that must be followed precisely. We know these procedures inside and out, and we can often negotiate better outcomes than individuals can achieve on their own.Time is critical with IRS notices. The sooner you respond appropriately, the more options you'll have available. We can help you understand your rights, evaluate your options, and develop a strategy that protects your interests while working toward a resolution that you can actually manage.

Question 2

How much does tax resolution help cost in Aldenville?

Accepted Answer

Our fees depend on the complexity of your specific tax situation, but we always provide transparent pricing upfront with no hidden costs. We offer a completely free initial consultation where we assess your situation and provide a clear estimate of what resolution services would cost.Many clients are surprised to learn that professional tax resolution services often cost less than they expected, especially when compared to the ongoing penalties, interest, and potential consequences of not addressing tax problems properly. We work with clients to structure payment arrangements that fit their financial situation.The most important thing to understand is that the cost of not addressing tax problems is almost always much higher than the cost of professional help. IRS penalties and interest compound quickly, and the agency has powerful collection tools that can significantly impact your financial life. Investing in proper resolution now typically saves money in the long run.

Question 3

Can you help if I haven't filed tax returns for several years?

Accepted Answer

Yes, unfiled tax returns are one of the most common problems we help resolve. The IRS considers failure to file a serious matter, but there are established procedures for getting back into compliance, and we handle these cases regularly.The key is addressing unfiled returns strategically. Simply filing missing returns without proper planning can sometimes result in owing more than necessary or missing opportunities for legitimate deductions and credits. We review your situation comprehensively to ensure you're taking advantage of all available options while getting back into compliance.We can also help negotiate with the IRS if you're unable to pay the full amount owed from unfiled returns. There are various payment options and programs available, including installment agreements and offers in compromise for qualifying taxpayers. The important thing is to address the situation properly rather than continuing to avoid it.

Question 4

What's the difference between tax preparation and tax resolution services?

Accepted Answer

Tax preparation involves filing your annual tax returns, while tax resolution focuses on solving problems with the IRS after issues have already developed. Think of tax preparation as preventive care, and tax resolution as emergency treatment for existing tax problems.If you're current with your filings and don't owe any back taxes, you need tax preparation services. If you have unpaid taxes, received IRS notices, have unfiled returns, or are facing collection actions like liens or levies, you need tax resolution services. Many firms offer both, but the skill sets and processes are quite different.Tax resolution requires specialized knowledge of IRS procedures, collection processes, and negotiation strategies. It's not something that general tax preparers typically handle, which is why it's important to work with specialists who focus specifically on resolving tax problems rather than just preparing returns.

Question 5

How long does it typically take to resolve IRS tax problems?

Accepted Answer

The timeline for tax resolution depends on several factors, including the type of problem, the amount owed, your financial situation, and how quickly the IRS responds to our submissions. Simple cases might be resolved in a few weeks, while complex situations can take several months.What we can promise is that we'll work as efficiently as possible while ensuring everything is done correctly. Rushing through tax resolution often leads to poor outcomes or missed opportunities. We'd rather take the time needed to achieve the best possible result than cut corners and leave you with a suboptimal resolution.Throughout the process, we keep you informed about progress and any developments. You'll never wonder what's happening with your case. We also handle all communication with the IRS, so you don't have to deal with the stress of managing the process yourself while we work toward resolution.

Question 6

Do you work with small businesses as well as individuals?

Accepted Answer

Absolutely. We work with both individual taxpayers and small businesses throughout Aldenville and the surrounding Wayne County area. Small business tax problems can be particularly complex because they often involve multiple types of taxes and more severe potential consequences.Business tax issues might include unpaid employment taxes, sales tax problems, or issues with business income tax returns. The IRS treats business tax problems seriously, especially when employment taxes are involved, because these represent taxes that were withheld from employees' paychecks but not remitted to the government.We understand the unique pressures that small business owners face, especially in Pennsylvania's challenging tax environment. Our approach focuses on resolving tax problems while minimizing disruption to your business operations. We work to find solutions that allow you to stay in business and get back on track with your tax obligations.

Tax Preparation Aldenville, PA