Everything about IRS offer in compromise

Michael D. Sullivan, a Former IRS Agent, leads a nationwide team of tax professionals at MD Sullivan LLC, based in Florida. Our team includes experienced Tax Attorneys, Lawyers, CPAs, Enrolled Agents, and ex-IRS Agents, offering over 250 years of combined IRS resolution experience. We specialize in resolving IRS back tax penalty cases efficiently and effectively. Michael D. Sullivan provides immediate representation to stop IRS intrusions into your business and personal life, ensuring peace of mind. For IRS tax relief, expert tax solutions, and top-tier tax services in Florida, trust MD Sullivan LLC.

Would you want to acquire measures to forestall a dispute or would you disagree with a decision made by the IRS? Our company offers several choices for taxpayers to solve concerns.

Whenever you get in touch with the TAS toll-cost-free range you will end up linked Together with the Centralized Scenario Ingestion (CCI) staff that's your to start with issue of connection with the Taxpayer Advocate Service. They will guide you along the procedure to get started on your circumstance and acquire the assistance you may need.

If shelling out off your tax debt in comprehensive isn't possible, an installment agreement can break it down into workable regular payments. The IRS offers different types of payment ideas, but qualifying for the very best conditions might be tough, as can obtaining a person that really is effective for your personal economical predicament. 

You might be suitable for our help should you’ve attempted to resolve your tax trouble by standard IRS channels and also have gotten nowhere, or you suspect an IRS course of action just isn't Functioning mainly because it should.

Generally speaking, any criminal offense causing a felony conviction less than federal tax laws or maybe a felony conviction connected to dishonesty or simply a breach of trust, that's under ten several years outdated.

The IRS can be taking an additional stage to help individuals who compensated these penalties already. To qualify for this relief, qualified tax returns need to be filed on or in advance of September thirty, 2022. See this IRS news release for more information on this relief. 

Get in touch with an advocate “We make certain that every single taxpayer is dealt with quite and that taxpayers know and realize their rights”

Based on Allec, most states that charge income tax have some kind of OIC program, Nonetheless they are generally Considerably harder to qualify for than the usual federal method.

At the IRS, our mission is to offer The united states’s taxpayers major good quality service by serving to them comprehend their tax tasks and enforce the regulation with integrity and fairness to all.

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There's no consumer price for an IIR. This system can help taxpayers as well as IRS steer clear of the financial and time costs of having issues fixed with a circumstance-by-circumstance foundation during tax examinations.

Be aware: You might also get score report outcomes from prior take a look at tries by entering the demanded details as spelled out above.

Among the most strong applications inside a tax relief assistance's arsenal is the ability to negotiate an Offer in Compromise With all IRS agent the IRS. An Offer in Compromise is a means to settle your tax debt for under what you owe, nevertheless the IRS only approves OICs should they believe you genuinely won't be able to pay the total total, possibly in a lump sum or by means of installments — so a tax relief assistance can be priceless through this method. 

You could possibly qualify for penalty relief should you tried to adjust to tax legal guidelines but were not able as a result of situations past your control.

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