Question 1

How much does tax preparation and resolution cost in Siko, PA?

Accepted Answer

Our consultation fee varies based on the complexity of your case, but if you hire us for resolution work, we credit 100% of the consultation fee toward your total cost. This means you're not paying twice for the same service.For tax preparation, costs depend on the complexity of your return. Simple personal returns start at one price point, while business returns or returns with multiple income sources cost more. We'll give you a clear quote upfront so there are no surprises.Tax resolution fees depend on your specific situation. An Offer in Compromise requires more work than setting up a payment plan, for example. We structure our fees to be affordable and often can arrange payment plans for our services too.

Question 2

Can you help with both IRS and Pennsylvania state tax problems?

Accepted Answer

Yes, we handle both federal and Pennsylvania state tax issues. Many of our Wayne County clients have problems with both the IRS and the PA Department of Revenue, so we're experienced in coordinating resolution efforts.State tax problems can be just as serious as federal issues. Pennsylvania can garnish wages, seize bank accounts, and place liens on property. The good news is that state tax agencies are often more willing to negotiate than the IRS.We understand Pennsylvania's specific tax laws and procedures, which helps us resolve your state tax problems more efficiently. Whether you owe income tax, sales tax, or have other state tax obligations, we can help you get back in compliance.

Question 3

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

Accepted Answer

This is more common than you think, and it's fixable. The IRS typically wants you to file the last six years of returns to get back in compliance, though sometimes fewer years are acceptable depending on your situation.We'll help you gather all necessary documents and prepare the missing returns. Often, you'll find that you don't owe as much as you feared, especially if you're entitled to refunds for some years that can offset what you owe for others.The key is filing these returns before the IRS files substitute returns for you. Their substitute returns never include deductions or credits you're entitled to, so you end up owing much more than necessary. We can prevent this and often reduce your total tax liability significantly.

Question 4

How long does the tax resolution process typically take?

Accepted Answer

Simple cases like setting up a payment plan can be resolved in a few weeks. More complex cases like an Offer in Compromise can take 6-12 months or longer, depending on IRS processing times and the complexity of your financial situation.The IRS has specific timeframes they must follow, but they don't always meet them. Having professional representation helps move things along because we know how to follow up effectively and what documentation the IRS needs to make decisions.During the process, we handle all communication with the IRS, so you don't have to worry about missed deadlines or paperwork. We'll keep you informed of progress and let you know if we need anything from you to keep things moving forward.

Question 5

Will working with you stop IRS collection actions like wage garnishment?

Accepted Answer

In most cases, yes. When we submit certain applications on your behalf, like an Offer in Compromise or payment plan request, the IRS typically stops collection activities while they review your case.If you're already facing immediate collection action, we can often get emergency relief. For example, if the IRS is about to seize your bank account or garnish your wages, we can request an immediate hold on collection while we work out a resolution.The key is acting quickly. The sooner you get professional representation, the more options we have to protect your assets and income. Waiting until the IRS has already taken collection action makes the process more complicated and expensive.

Question 6

Do you offer payment plans for your tax resolution services?

Accepted Answer

Yes, we understand that if you're dealing with tax problems, you're probably dealing with cash flow issues too. We offer payment arrangements for our services that work with your budget.Our goal is to make professional tax representation accessible, not to add to your financial stress. We'd rather work with you on a payment plan than have you try to handle complex tax problems on your own.We'll discuss payment options during your consultation and find an arrangement that works for both of us. Remember, the cost of professional representation is usually much less than the penalties and interest that continue to accrue while tax problems remain unresolved.

Tax Preparation Siko, PA