Question 1

What if I can't afford to pay my entire tax debt?

Accepted Answer

You have more options than you think. The IRS offers installment agreements letting you pay over time - sometimes up to 72 months depending on how much you owe and your financial situation.

If you're genuinely struggling financially, you might qualify for an Offer in Compromise. This lets you settle for less than the full amount if the IRS determines you can't reasonably pay everything based on your income, expenses, and assets.

We can also request Currently Not Collectible status for severe financial hardship. This stops collection actions temporarily while you get back on your feet. The key is acting fast before the IRS starts garnishing wages or seizing bank accounts.

Question 2

How long does tax resolution take in Tyler Hill?

Accepted Answer

Timeline depends on your specific situation and which solution works best. Simple installment agreements often get approved within 30-60 days, especially if you owe under $50,000 and can pay within 72 months.

Complex cases like Offers in Compromise typically take 6-12 months because the IRS conducts thorough financial investigations. Audit cases range from a few months for correspondence audits to over a year for complex field audits involving multiple years.

Starting quickly is crucial. The longer you wait, the more penalties and interest pile up. Once we're representing you, we can often stop or slow collection actions while working toward permanent resolution, giving you immediate relief from IRS pressure.

Question 3

Do you handle Pennsylvania state tax problems too?

Accepted Answer

Absolutely. Most Tyler Hill clients have both federal and Pennsylvania issues stemming from the same problems. We handle both simultaneously, which saves time and usually gets better results.

Pennsylvania's 3.07% flat income tax seems simple, but the state can be just as aggressive as the IRS with collections. We know Pennsylvania's specific requirements, including recent corporate tax changes, sales tax obligations, and Wayne County's local tax issues.

Coordinating federal and state resolutions prevents you from fixing one problem while another gets worse. We understand how Pennsylvania's payment plans and hardship programs work, which are often different from federal options.

Question 4

What should I do if I get an IRS audit notice?

Accepted Answer

Don't panic, but don't ignore it. You usually have 30 days to respond, and your initial response often determines the entire audit outcome. Trying to handle complex audits yourself rarely ends well.

First, figure out what type of audit you're facing. Correspondence audits happen through mail and focus on specific items. Field audits are more comprehensive, involving an agent reviewing records at your home, business, or our office.

Get professional representation immediately. Anything you tell the IRS can hurt you later. We handle all communication, ensure you only provide required documents, and present your case in the best light possible. Most importantly, we negotiate favorable outcomes even when there are legitimate issues.

Question 5

How much do tax resolution services cost in Tyler Hill?

Accepted Answer

Our fees depend on case complexity and resolution type needed. Simple installment agreements cost less than complex matters involving multiple years, business issues, or Offers in Compromise.

We provide transparent pricing after reviewing your situation during consultation. You'll know exactly what you're paying upfront - no hidden fees or surprise charges. Many clients find our fees are less than the penalties and interest they'd pay handling things themselves.

Consider that IRS penalties alone can hit 25% of unpaid taxes, and interest compounds daily. Professional representation often saves money long-term by resolving cases faster and securing better terms. We offer payment plans because we understand tax problems often coincide with financial difficulties.

Question 6

What documents should I bring to my Tyler Hill consultation?

Accepted Answer

Bring any IRS or Pennsylvania tax notices, copies of returns for problem years, and correspondence with tax authorities. If you haven't filed certain returns, bring W-2s, 1099s, and other income documents for those years.

Business owners should bring profit/loss statements, bank statements, and expense records. If facing collection actions, bring documentation of wage garnishments, bank levies, or liens filed against you.

Don't worry about perfect organization - that's part of what we help with. We can obtain missing documents from the IRS or help reconstruct records if necessary. Bring whatever you have so we can understand your situation and start working immediately.

Tax Preparation Tyler Hill, PA