Question 1

How much does tax resolution cost in Walker Lake, PA?

Accepted Answer

Most tax resolution cases in Walker Lake range from $3,500 to $5,500, depending on the complexity of your situation and the amount you owe. Business cases typically cost more due to additional filing requirements and payroll tax complications.

We provide upfront pricing after reviewing your case, so you know exactly what you're paying before we start. Many clients save far more than our fee through reduced penalties, interest forgiveness, or settling their debt for less than the full amount owed.

The cost of doing nothing is usually much higher. IRS penalties and interest continue accumulating at about 8% annually, and wage garnishments can take 15-25% of your paycheck until the debt is resolved.

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 qualification requirements are strict. The IRS will only accept less than the full amount if they believe it's unlikely they'll collect the full debt or if paying the full amount would create financial hardship.

We analyze your income, expenses, assets, and future earning potential to determine if you qualify. If you do, we prepare and submit a comprehensive offer package that presents your case in the best possible light.

Success rates improve dramatically with professional representation. The IRS accepts about 25% of offers submitted by taxpayers on their own, but acceptance rates are much higher when submitted by experienced tax professionals who know how to structure the offer properly.

Question 3

How long does the tax resolution process take in Pennsylvania?

Accepted Answer

Simple payment plans can often be set up within 30-60 days. More complex cases like Offers in Compromise typically take 6-12 months for the IRS to review and approve.

The timeline depends on several factors: how quickly you provide required documentation, the complexity of your case, and current IRS processing delays. We expedite the process wherever possible and keep you updated on progress throughout.

During the resolution process, we can often get collection activities stopped, which means no more wage garnishments or bank levies while we negotiate your case. This gives you breathing room and protects your assets while we work toward a permanent solution.

Question 4

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

Accepted Answer

Unfiled returns create serious problems that get worse over time. The IRS can file substitute returns on your behalf, often calculating much higher taxes than you actually owe because they don't include deductions or exemptions you're entitled to claim.

We help clients catch up on unfiled returns as part of the resolution process. This often reduces the total amount owed and is required before the IRS will consider any payment arrangement or settlement offer.

The IRS typically requires the last six years of unfiled returns to be completed before they'll negotiate. We prepare these returns efficiently and ensure you receive credit for all legitimate deductions and credits, which can significantly reduce your total tax liability.

Question 5

Will tax resolution hurt my credit score in Walker Lake?

Accepted Answer

Tax liens can damage your credit score, but successful tax resolution often improves your credit over time. When we negotiate lien releases or withdrawals as part of your resolution, these negative marks can be removed from your credit report.

Payment plans and Offers in Compromise don't directly appear on your credit report. The key is resolving the underlying tax debt before it leads to more severe collection actions that do impact credit.

Many clients see their credit scores improve after resolution because they're no longer dealing with the stress and financial drain of ongoing tax problems. They can focus on rebuilding their financial stability and making consistent payments on other obligations.

Question 6

Do you handle Pennsylvania state tax problems too?

Accepted Answer

Yes, we resolve both federal IRS issues and Pennsylvania Department of Revenue problems. State tax agencies can be just as aggressive as the IRS when it comes to collection activities, including wage garnishments and bank levies.

Pennsylvania has its own offer in compromise program and payment plan options. We're familiar with state-specific procedures and have established relationships with Pennsylvania tax officials that help expedite resolutions.

Many clients have both federal and state tax problems that need to be resolved simultaneously. We coordinate both cases to ensure the resolution strategy makes sense for your overall financial situation and doesn't create conflicts between different tax agencies.

Tax Resolution Walker Lake, PA