Tax Resolution Services in Bradenton, FL

Tax resolution is the work of getting a taxpayer out of trouble with the IRS. It starts with pulling your IRS account transcripts so we know exactly which years are open, what's been assessed and where collection stands. From there we look at your income and expenses and pick the route that fits: a payment plan, penalty relief, Currently Not Collectible status or an Offer in Compromise. With your authorization, we handle the IRS contact so you don't have to.

No, and you don't need to be. Some companies advertise a "certified tax resolution specialist," but the license that matters for IRS work is the Enrolled Agent credential, issued by the U.S. Treasury. Our founder is an Enrolled Agent with unlimited practice rights before the IRS, which covers audits, collections, appeals and payment arrangements for individuals and businesses in every state.

Often, yes. A levy or garnishment can usually be released once the IRS sees the account is being dealt with, for example through a payment plan, a hardship showing or filing the missing returns. Speed matters here. Levied bank funds are held for 21 days before they're sent to the IRS, so call as soon as you get the notice.

It's an agreement where the IRS accepts less than the full balance because it can't reasonably collect more. The IRS compares what you owe with your income, allowable expenses, asset equity and future earning ability. You need to be current on filing, and the offer is reviewed carefully. We'll tell you up front if your numbers don't support one.

You pay the balance in monthly installments instead of all at once. Smaller balances can often be set up with limited financial disclosure; larger ones need a full financial statement. Interest and the late payment penalty continue until it's paid off, so the plan should be one you can afford for the long haul.

Some can. If you've had a clean record for the prior three years, First Time Abate relief may wipe out failure to file and failure to pay penalties for one year. Otherwise we can argue reasonable cause, such as a serious illness, a disaster or bad advice, with documents to back it up.

Deal with them first. Most relief options require you to be current on filing. If the IRS has already filed a substitute return for you, it probably overstated your tax, because it ignores deductions and filing status. Filing your own returns usually lowers the bill and moves the case forward.

It depends on the work involved. A single penalty request is a small job; a levy release with three unfiled years and a payroll tax balance is a much larger one. After we review your notices and transcripts, we'll describe the scope and quote a fee before any work begins.