Question 1

What happens if I haven't filed tax returns for several years?

Accepted Answer

Unfiled tax returns create a snowball effect that gets worse every year you wait. The IRS can file substitute returns for you, but these rarely include deductions you're entitled to, meaning you'll owe more than necessary.

We start by preparing and filing all missing returns, making sure you get every deduction and credit you deserve. This often reduces what you owe significantly compared to what the IRS calculated on their substitute returns. Once all returns are filed, we can negotiate payment plans or other resolution options.

The key is acting now. Every month you wait, penalties and interest keep adding up. But once we get involved, we can often get penalties reduced or eliminated entirely, saving you thousands of dollars.

Question 2

Can you really negotiate with the IRS to reduce what I owe?

Accepted Answer

Yes, but it depends on your specific situation. The IRS has several programs that can reduce or eliminate penalties, and in some cases, even reduce the underlying tax debt.

Penalty abatement is often possible, especially for first-time offenders or when you can show reasonable cause for late filing or payment. We've successfully eliminated tens of thousands in penalties for clients who qualified. For the underlying tax debt, options include Offers in Compromise, Currently Not Collectible status, or installment agreements.

The IRS doesn't advertise these programs, and they have strict qualification requirements. That's where our expertise matters. We know exactly what documentation the IRS needs and how to present your case in the strongest possible light.

Question 3

How long does it take to resolve IRS problems?

Accepted Answer

Simple cases like setting up payment plans can be resolved in a few weeks. More complex situations involving audits, Offers in Compromise, or multiple years of unfiled returns typically take 3-6 months, sometimes longer depending on IRS processing times.

The timeline also depends on how quickly we can gather the necessary documentation. If you have all your records organized, we can move faster. If we need to reconstruct years of missing information, it takes longer but we handle that process for you.

What matters most is stopping the collection process as soon as possible. Once we're representing you, the IRS typically stops collection actions while we work toward a resolution. This gives you breathing room and protects your assets while we negotiate the best possible outcome.

Question 4

What if the IRS has already put a lien on my property?

Accepted Answer

Tax liens are serious, but they're not permanent. We can work to get liens released once your tax debt is resolved, and in some cases, we can get liens withdrawn entirely, which removes them from your credit report.

If you qualify for a payment plan, the IRS will often release the lien after you make several consecutive payments. For Offers in Compromise, liens are typically released when the offer is accepted and paid. We can also request lien withdrawals in certain circumstances.

The important thing is addressing the underlying tax debt. The lien is just the IRS's way of protecting their interest in your property. Once we resolve your tax problems and get you into compliance, removing the lien becomes much more straightforward.

Question 5

Do you handle both personal and business tax problems?

Accepted Answer

Yes, we handle all types of tax problems for both individuals and businesses. Personal issues include income tax debt, unfiled returns, audits, and collection problems. For businesses, we deal with payroll tax problems, sales tax issues, and business income tax debt.

Payroll tax problems are especially serious because the IRS can shut down your business and hold owners personally liable. We know how to work with the IRS to keep your business operating while we resolve these issues. We also handle trust fund recovery penalties, which can devastate business owners personally.

Whether it's a sole proprietorship, partnership, LLC, or corporation, we understand the different tax obligations and how to resolve problems at both the business and personal level. Many tax problems affect both, so having one firm handle everything ensures nothing falls through the cracks.

Question 6

How much do tax resolution services cost?

Accepted Answer

Our fees depend on the complexity of your situation and the services needed. Simple cases like setting up payment plans cost less than complex matters involving multiple years of unfiled returns or Offers in Compromise.

We provide transparent pricing upfront after your free consultation. No hidden fees, no surprises. You'll know exactly what everything costs before we start any work. We also offer payment plans because we understand that if you're dealing with tax problems, cash flow is probably tight.

Most clients find that our fees are a fraction of what they save in penalties, interest, and reduced tax debt. When you consider the stress relief and protection from IRS collection actions, the investment pays for itself quickly. Plus, our fees are often tax-deductible as a business expense.

Tax Preparation Kemmererville, PA