Alliance Tax Resolution Service

Tax Problems? No Problem! We Solve Them

Experts in Resolving IRS Tax Problems

Our Tax Resolution Services

You may find yourself facing one or more of the following IRS actions. Alliance Tax Resolution Service is experienced in handling all of these situations. Take action today and put your mind at ease. Call us now for a free consultation and let us get started working for your best interests at 1-800-742-5132.

Unfiled Tax Returns

Not filing a tax return is a criminal misdemeanor, which carries a penalty of up to $25,000 and/or one year in jail for each year you failed to file your return. Even if you aren’t criminally prosecuted, you may also face civil penalties of up to 25 percent of the amount due on your return. The good news is some of these fines and fees may be mitigated simply by mailing in your late return. ATRS can assist you with filing a late tax return. Our qualified tax professionals have decades of experience dealing directly with the IRS, and have likely helped many other taxpayers just like you to file late tax returns.

Installment Agreement

While interest and penalties will still accrue on your tax debt, an IRS payment plan may be a good solution that enables you to make smaller, more manageable payments to the IRS. The process for setting up an IRS payment plan varies according to how much money you owe, and the amount of time you need to pay off your tax debt. If you owe $25,000 or more, or you need more than 60 months to pay your tax, the process to set up an IRS Payment Plan becomes even more formal. The CPA’s at ATRS are ready and able to help you set up an installment agreement with the IRS.

Offer in Compromise / Tax Relief

If you owe the IRS more money than you think you can pay over an extended time, an Offer in Compromise (or OIC) may be a viable option for you. But, be warned: it may not be the ultimate solution as some less-than-ethical tax professionals make it out to be. A qualified and reputable tax professional will honestly assess if you are a good candidate for the program and advise you of alternate solutions if you are not a good candidate for an OIC.

Currently Not Collectible

This is a special classification established by the IRS to help debtors able to demonstrate that their current income and expenses makes repayment of an outstanding IRS debt a hardship. The IRS usually establishes a timeline to review your case (usually once a year) to determine if your income has increased sufficiently to make a repayment plan possible. During the time that an account is identified as Currently Not Collectible it continues to accrue penalties and interest. If you believe that you might qualify, an ATRS tax professional can assist you with reviewing your current income and expenses and help you make your case to the IRS.

Penalty Abatement

The IRS’s interest rate is significantly higher than the usual market rate. This means that most banks and even some credit card companies charge less interest than the IRS does! Additionally, late payment penalties can add up quickly. As of January 1, 2010, the late payment fee was 1/2 of one percent for each month (or portion of a month) that you were late. The penalties continue to increase every month, until you reach the IRS’s maximum penalty of 25 percent. The IRS has several circumstances for which it will accept penalty abatement petitions. ATRS can file for penalty abatement on your behalf, which could significantly reduce or eliminate your late payment penalties.

Bank Levies

A bank levy is one of the IRS’s most powerful tools to collect money owed. When the IRS notifies your bank of their intent to levy your bank account, your bank is legally obliged to comply. A bank levy may serve as an indication that you need to make resolving your tax debt a serious priority. If you have not already done so, you may want to consult with a tax professional at ATRS, who will work with the IRS on your behalf to help you resolve your tax issues.

Wage Garnishment

If the IRS believes you owe them money, and you have been unwilling or unable to pay, the IRS may use one of its more forceful collection tactics, wage garnishment. Just as your bank is legally obligated to comply with an IRS levy, so is your employer. When your employer receives the wage garnishment notice, they must provide you with a copy of the notice. Included with the copy is a form to report dependents and expenses, which the IRS will consider when determining the garnishment amount. If you do not complete this form, the IRS will assume you have no dependents and will garnish your wages at the maximum allowable level. If you have received notification of IRS wage garnishment from your employer you should contact a reputable tax professional like ATRS to assist you immediately.

Audit Representation

If the IRS decides to audit your prior year tax returns, you are required by law to substantiate the legitimacy of each year’s return. Without representation, the IRS can pursue action as it determines necessary. And, it is an auditors job to find errors and omissions and these findings will cost you money. ATRS will represent you in the event of an audit and will deal directly with the IRS so you don’t have to.

Call us today for a free consultation and let us get started working for you at 1-800-742-5132.