Question 1

How much will it cost to resolve my tax problems in Snydersville, PA?

Accepted Answer

Our fees depend on the complexity of your case and the resolution method we pursue. Simple cases like setting up payment plans typically cost $1,500-$3,000. Complex Offer in Compromise cases can range from $3,000-$7,500, but these often save clients tens of thousands of dollars.We provide detailed fee quotes after your free consultation, so you know exactly what you're paying before you commit. Most clients find our fees are a small fraction of what we save them in reduced debt, eliminated penalties, and stopped collection actions.For example, we recently helped a Snydersville contractor settle $47,000 in tax debt for $8,500. Our fee was $4,200, meaning he saved over $34,000 net. That's typical for cases where clients qualify for significant debt reduction.

Question 2

Can you actually reduce what I owe to the IRS?

Accepted Answer

Yes, but only if you meet specific IRS criteria. The Offer in Compromise program lets qualified taxpayers settle for less than they owe based on their ability to pay. The IRS accepts about 26% of applications nationally, but experienced professionals see much higher success rates because they know which cases qualify.We also pursue penalty abatement, which can eliminate 25-50% of your total debt in many cases. The IRS adds penalties for late filing, late payment, and underpayment of estimated taxes. These penalties compound with interest, often doubling your original tax debt over time.Currently Not Collectible status is another option for taxpayers facing financial hardship. This doesn't reduce your debt, but it stops collection actions while you get back on your feet. Combined with the 10-year collection statute, this can effectively eliminate debt for some taxpayers.

Question 3

How long does tax resolution take in Pennsylvania?

Accepted Answer

Timeline varies by resolution method and case complexity. Payment plans can be approved in 2-4 weeks. Penalty abatement requests typically take 6-12 weeks. Offer in Compromise cases take 6-18 months, depending on IRS workload and whether they request additional documentation.The good news is we can often stop collection actions much faster. When we file proper paperwork and begin representing you, wage garnishments and bank levies are frequently released within days or weeks while we work on your permanent resolution.Every month you wait costs you money in accruing interest and penalties. The IRS charges failure-to-pay penalties of 0.5% per month, plus interest that compounds daily. On a $25,000 tax debt, that's over $125 per month in new charges. Starting your resolution process immediately stops this bleeding.

Question 4

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

Accepted Answer

Unfiled returns are actually easier to resolve than most people think, but they get worse fast if you ignore them. The IRS can file substitute returns for you based on limited information, which almost always results in higher taxes than you actually owe.We start by preparing all missing returns using your actual income and expense information. This usually reduces your tax debt significantly compared to what the IRS calculated. We then file all returns simultaneously and negotiate a resolution for the total amount owed.The IRS typically requires three years of filed returns before approving payment plans or Offer in Compromise applications. But here's the key: once we file your missing returns, we can often get you into Currently Not Collectible status immediately if you qualify, stopping all collection actions while we work on your permanent solution.

Question 5

Do you handle business tax problems for Snydersville companies?

Accepted Answer

Business tax problems are our specialty, especially payroll tax debt which makes business owners personally liable. We've helped dozens of Snydersville businesses resolve payroll tax issues, sales tax problems, and business income tax debt while keeping their operations running.The Trust Fund Recovery Penalty makes business owners, officers, and anyone with check-signing authority personally responsible for unpaid payroll taxes. This means the IRS can pursue your personal assets—house, car, bank accounts—even if your business is incorporated. We work to minimize this personal liability while resolving the business debt.We also handle ongoing compliance for Pennsylvania businesses, including local earned income tax requirements, quarterly estimated payments, and year-end tax preparation. Many business owners don't realize they need to file local returns in addition to federal and state returns. Missing these requirements can result in significant penalties and interest charges.

Question 6

Will you stop IRS collection actions immediately?

Accepted Answer

We can often stop or release collection actions within days of taking your case, but this depends on your specific situation and which actions the IRS has already taken. When we file proper representation paperwork, most collection activities are suspended while we negotiate your resolution.For existing wage garnishments, we can request immediate release if the garnishment is causing financial hardship. Bank levies can often be released if you need the funds for basic living expenses or business operations. Tax liens are harder to remove, but we can often get lien subordination or withdrawal as part of your final resolution.The key is acting fast. Once the IRS starts collection actions, they become more aggressive over time. A wage garnishment that takes 25% of your paycheck today could become 50% or more if you don't resolve it quickly. We've stopped collection actions for clients who called us the same day they received IRS notices.

Tax Preparation Snydersville, PA