Question 1

What happens if I can't pay my tax debt in full?

Accepted Answer

You have several options beyond paying the full amount immediately. The IRS offers installment agreements that let you pay over time, typically 3-6 years depending on how much you owe and your financial situation.We can also explore an Offer in Compromise if you qualify - this actually reduces the total amount you owe based on your ability to pay. For people facing serious financial hardship, Currently Not Collectible status might be appropriate, which temporarily stops collection activities.The key is acting before the IRS starts more aggressive collection actions like wage garnishments or bank levies. Once we understand your complete financial picture, we can negotiate the best possible arrangement and get you back on track with manageable payments.

Question 2

How long does it take to resolve IRS tax problems?

Accepted Answer

The timeline depends on what kind of problem you're facing and how quickly we can gather the necessary documentation. Simple payment plans might be approved within 30-60 days, while more complex cases like Offers in Compromise can take 6-12 months.Audit representation varies widely - some audits resolve in a few months with proper documentation, while others involving multiple years or complex business issues can take longer. The important thing is stopping penalties and interest from continuing to pile up while we work.What we can promise is that we'll move as quickly as possible while making sure everything is done correctly. Rushing through tax resolution often creates bigger problems down the road, so we balance speed with thoroughness to get you the best possible outcome.

Question 3

Do you handle Pennsylvania state tax problems too?

Accepted Answer

Absolutely. Pennsylvania has its own set of tax requirements and collection procedures that are different from federal rules. We regularly work with the Pennsylvania Department of Revenue on issues ranging from unpaid income taxes to sales tax audits.Wayne County businesses face particular challenges with local earned income taxes, business privilege taxes, and other municipal requirements. We understand these local obligations and how they interact with state and federal taxes.Whether you're dealing with Pennsylvania personal income tax, business taxes, or local municipality issues, we have the experience to navigate the state's procedures and negotiate on your behalf. Many tax problems involve multiple jurisdictions, so having someone who understands all levels of government requirements is crucial.

Question 4

What should I bring to my free consultation?

Accepted Answer

Bring any IRS or state tax notices you've received, even if they're old. These letters contain important information about deadlines, penalties, and what specific actions the government might be planning to take.If you have copies of tax returns for the years in question, bring those along with any supporting documentation like W-2s, 1099s, or business financial records. Don't worry if your records are incomplete - we can help you reconstruct what's needed.Most importantly, bring a list of your questions and concerns. The consultation is your chance to understand exactly what you're facing and what options are available. We'll explain everything in plain English and give you a clear picture of what comes next, with no obligation to move forward.

Question 5

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

Accepted Answer

Yes, unfiled returns are one of the most common problems we handle. The IRS typically requires the last six years of unfiled returns to be caught up, though this can vary based on your specific situation.We'll help you gather the necessary documents to reconstruct your tax information, even if you don't have all your records. There are ways to obtain wage and income information from the IRS and other sources to ensure your returns are accurate.Filing those back returns is usually the first step before we can negotiate any payment arrangements or other resolution options. The good news is that once we get you current with filing requirements, we can often negotiate penalty abatements and payment plans that make the total debt much more manageable than you might expect.

Question 6

How much do your tax resolution services cost?

Accepted Answer

Our fees depend on the complexity of your situation and what services you need. Simple cases like setting up payment plans cost less than complex audit representation or Offers in Compromise that require extensive documentation and negotiation.We're completely transparent about pricing from the start. After your free consultation, we'll give you a clear breakdown of what your case will cost with no hidden fees or surprise charges later. You'll know exactly what to expect before you decide to move forward.Many clients find that our fees are quickly offset by the penalties, interest, and stress we help them avoid. When you consider the cost of making mistakes or the IRS taking aggressive collection actions, professional representation often pays for itself while giving you peace of mind that everything is handled correctly.

Tax Preparation Forest Lake Park, PA