Business Tax Adviser In Cape Coral

How to effectively deal with IRS Back Taxes?

With years of dealing with the IRS on behalf of our clients we found one rule to be true.

The IRS wants to get paid!

Now knowing that, we do not offer the promises that some companies announce that they can get your back taxes paid for pennies on the dollar. Bottom line, 99 pennies is still pennies on the dollar, RIGHT?

Therefore, we develop a realistic plan of repayment using all the tools and programs that are there for the tax payer. In some cases, the IRS Offer in Compromise (OIC) program is a quick and fair way to settle the tax liability.

Although, some clients do not have that ready cash. Now the good news, for all those seeking to settle their IRS Back Tax debt, is that the IRS has numerous other available options.

First, we advise to File or Amend Your
Past Tax Returns.

Here we will look over your past tax returns and see if all the “I’s” are dotted and “T’s” have been crossed. This way we can get to a firm number and come to a fair agreement with the IRS. Dollar for dollar this may decrease tax liability. plus, potential penalty and interest abatement.

Second, by offering a fair settlement to the IRS, they are more inclined to close the case.

The IRS offers two payment options, the IRS Offer in Compromise (OIC) program allows a taxpayer to pay a lump sum which in some cases lower penalties and fines. The IRS Installment Agreement makes the IRS content and prevents IRS from taking further collection action. They offer flexible payment arrangements within your budget.

We also offer General ACCOUNTANT SERVICES include day to day BOOKKEEPING, PAYROLL PROCESSING, TAX SERVICES. Serving CAPE CORAL, FORT MYERS, BONITA SPRINGS, ESTERO, NAPLES, GOLDENGATE,
PINE ISLAND, PORT CHARLOTTE, PUNTA GORDA, FLORIDA

The best way to get started is to schedule a consultation. Here we will ask you questions about your business to guide us to a mutual understanding of your current issues and options on how, together, we may improve them. During our discussion, we will get to know each other and lay down the seeds to a long-term relationship.