Question 1

How long does tax resolution take in Pennsylvania?

Accepted Answer

Most tax resolution cases take 3-6 months to complete, but the timeline depends on your specific situation and which resolution option works best for you. Simple installment agreements can be set up in 30-60 days, while Offers in Compromise typically take 4-6 months for the IRS to review and approve.

The good news is that we can often stop collection actions immediately when we begin representing you. This means wage garnishments, bank levies, and other enforcement actions typically halt while we work on your permanent solution.

Complex cases involving multiple years of back taxes or business tax debt may take longer, but we keep you informed throughout the process and work as efficiently as possible to get you the relief you need.

Question 2

Can I really settle my tax debt for less than I owe?

Accepted Answer

Yes, through the IRS Offer in Compromise program, but you must qualify based on your financial situation. The IRS will accept less than the full amount if they determine you cannot pay the full debt or if paying it would create financial hardship.

We analyze your income, expenses, assets, and future earning potential to determine if you qualify for an offer. If you do, we prepare a comprehensive application that presents your case in the best possible light to maximize your chances of acceptance.

Not everyone qualifies for an Offer in Compromise, but there are other options like installment agreements, penalty abatement, or currently not collectible status that can provide significant relief even if you don't qualify for a settlement.

Question 3

What happens if I ignore my tax debt?

Accepted Answer

Ignoring tax debt makes everything worse and more expensive. The IRS has extraordinary collection powers they will eventually use—wage garnishments, bank account seizures, property liens, and asset seizure are all possibilities.

Your debt grows every month with penalties and interest, sometimes doubling or tripling the original amount owed. The IRS doesn't need to sue you or get a court judgment to take collection action. They can garnish your wages, freeze your bank accounts, or seize your property with minimal notice.

The longer you wait, the fewer options you have and the more it costs to resolve. Early intervention gives us the most negotiating power and the best chance to minimize what you ultimately pay.

Question 4

How much does tax resolution cost?

Accepted Answer

Our fees depend on the complexity of your case and the services required. Simple cases like setting up payment plans cost less than complex cases requiring Offers in Compromise or multiple years of back tax resolution.

We provide transparent pricing upfront after reviewing your situation. You'll know exactly what our services cost before we begin work, with no hidden fees or surprise charges. Many clients find that our fees are less than the penalties and interest they would pay by trying to handle it themselves.

Most importantly, our goal is to save you more money than our services cost. Whether that's through reduced penalties, lower settlement amounts, or affordable payment plans, we focus on getting you the best possible financial outcome.

Question 5

Will tax resolution hurt my credit score?

Accepted Answer

Tax liens can appear on your credit report and negatively impact your score, but resolving your tax debt actually helps your credit in the long run. Once we resolve your case and any liens are released, your credit can begin to recover.

Wage garnishments and bank levies don't directly appear on credit reports, but they can indirectly hurt your credit if they cause you to miss other payments. By stopping these collection actions, we help protect your overall financial stability.

The key is addressing tax problems before they escalate to liens and levies. Early resolution prevents the most damaging impacts to your credit and gives you the best chance to maintain your financial standing while resolving the tax debt.

Question 6

Do I need a lawyer for tax resolution?

Accepted Answer

You don't necessarily need a lawyer, but you do need qualified representation. Tax resolution requires expertise in IRS procedures, tax law, and negotiation strategies that most people don't have.

Our team includes enrolled agents and tax professionals who are specifically authorized to represent clients before the IRS. We have the same representation rights as attorneys for tax matters, but often at a lower cost than hiring a tax attorney.

The most important factor is working with someone who has extensive experience with IRS resolution cases and a proven track record of success. DIY approaches rarely work well because the IRS has specific procedures and requirements that must be followed exactly to achieve the best outcome.

Tax Resolution Turn Villa, PA