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 and response requirements that are crucial to protecting your rights and options.It begins with a letter in the mail and explains how you can appeal or question what you owe. The first step is to carefully read the notice to understand what the IRS is claiming and when you need to respond. Many people make the mistake of assuming the IRS is always right, but errors happen frequently.Bring the notice to our office for a free consultation where we'll review it with you, explain your options, and help you respond appropriately. Quick action often means more resolution options and better outcomes.

Question 2

How much does tax resolution help actually cost in South Gibson, PA?

Accepted Answer

Our fees depend on the complexity of your situation and the services you need, but we're always upfront about costs before you commit to anything.We offer free initial consultations because we believe you deserve to understand your options without any financial pressure. During this meeting, we'll assess your situation and provide a clear estimate of what it would cost to resolve your tax problems.Many clients find that professional help actually saves them money in the long run by reducing penalties, negotiating lower payment amounts, or preventing costly enforcement actions like wage garnishments that can cost thousands more than our fees.

Question 3

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

Accepted Answer

Yes, but it depends on your specific financial situation and the type of tax debt you have. The IRS has several programs designed to help taxpayers who genuinely cannot pay their full tax debt.An offer in compromise lets you settle your tax debt for less than you owe. This used to be called the Fresh Start program. However, qualification requirements are strict and the application process is complex. In general, about 26% of the OICs are accepted by the IRS. However, a good enrolled agent, CPA or tax attorney or tax resolution service has an acceptance rate that may be as much as five times the national average.We also negotiate payment plans, penalty reductions, and currently not collectible status depending on what makes sense for your situation. The key is having someone who understands IRS procedures and can present your case effectively.

Question 4

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

Accepted Answer

The longer you wait, the worse it gets, but it's never too late to get compliant and resolve the situation properly.The longer you wait, the more interest, fines, and penalties accrue. Deal with the problem proactively by working with our knowledgeable team to get relief. The IRS can file substitute returns on your behalf, which almost always result in higher tax bills because they don't include deductions you're entitled to claim.We help clients catch up on unfiled returns strategically, often starting with the most recent years to stop penalties from growing. In many cases, we can negotiate penalty reductions once you're back in compliance. The key is addressing all the years at once with a comprehensive plan rather than trying to handle them piecemeal.

Question 5

How do I know if I qualify for IRS payment plans or other programs?

Accepted Answer

Qualification depends on factors like how much you owe, your monthly income and expenses, your assets, and your compliance history with the IRS.You can apply for a payment plan – also called an installment or online payment agreement – to pay off your balance over time. For smaller amounts (typically under $50,000), you may qualify for streamlined payment plans with minimal financial disclosure. Larger debts require more detailed financial analysis.The IRS also considers hardship situations where collection would prevent you from meeting basic living expenses. We analyze your complete financial picture to determine which programs you qualify for and help you apply correctly the first time. Getting denied initially can make it harder to qualify later, so proper preparation is crucial.

Question 6

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

Accepted Answer

Tax preparation involves filing your annual returns correctly and on time, while tax resolution deals with existing problems like unpaid taxes, audits, or IRS enforcement actions.Most tax preparers can handle straightforward returns but aren't equipped to deal with serious IRS problems. Tax resolution requires specialized knowledge of IRS procedures, collection alternatives, and negotiation strategies that go far beyond basic tax preparation.At All County Tax Resolution, we handle both services because they often go hand in hand. Many clients come to us initially for resolution help, then stay with us for ongoing tax preparation to prevent future problems. We also help existing tax preparation clients when unexpected issues arise, providing continuity and expertise you can count on year after year.

Tax Preparation South Gibson, PA