If you find yourself facing the IRS collections process and the related penalties and consequences that come with that, E File TST is standing by with access to the various tax resolution programs, and is ready to help. We are experts with all tax resolution options available and our only mission is to remedy your IRS problems and get you back in good standing.
Audit Representation (IRS & State)
Our Enrolled Agent Fernando Evangelista will stand in on behalf of a taxpayer (an individual or legal entity) during an IRS or State income tax audit. The audit representative develops the strategy used to defend the taxpayer position. He will assists the taxpayer in preparing all documents requested by the taxing authority and typically attends all meetings and handles correspondence on behalf of the taxpayer.
Innocent Spouse Relief
The IRS can sometimes saddle you with a tax debt that is actually the responsibility of your spouse or ex-spouse. If the actions of your spouse caused the tax problem and you were unaware of or had no part in those actions, you can use the IRS form 8857 to request tax resolution called “innocent spouse relief” and have the tax debt and penalties removed.
Currently Not Collectible
If you’re unable to pay your tax debt and the IRS can’t collect through traditional means, filing for “currently not collectible” status is an option. Though not ideal, this status halts the collection process until your financial situation improves. However, interest and penalties accrue, and annual financial statements are required. If the situation improves, the IRS resumes collection. If the 10-year statute expires during this status, the tax debt becomes permanently uncollectible, requiring no further tax resolution.
If you’re unable to pay your full tax debt, the IRS may allow you to gradually pay it off in monthly installments—a common and effective form of tax resolution. This approach benefits both the IRS and the taxpayer, allowing for a manageable repayment plan. While penalties and interest apply, successful tax resolution through installment plans can lead to eventual freedom from tax debt. At E File TST, our goal is to establish a payment option tailored to you, minimizing interest accumulation and swiftly eliminating your tax liability.
When the IRS issues a notice that it intends to levy and seize your assets you have 30 days to challenge the tax levy to attempt tax resolution or pay the amount due. If you cannot pay the tax debt in full before the IRS is scheduled to seize your assets, you may be able to remove the tax levy anyways with proper tax resolution by setting up an installment plan with the IRS or by making other arrangements. But the best course of action is to work out a mutually agreeable solution with the IRS and avoid the levy altogether.
In many tax debt cases, the Penalty and Interest portion of the tax debt are quite significant. If you are facing penalties for not filing or paying your taxes on time, you may be able to get those penalties removed (or even get past penalties and interest refunded) through penalty abatement or penalty adjustment. Abatement refers to eliminating an assessed tax liability and an adjustment references reducing or altering an assessed tax liability. Penalty Abatement can be the best solution in resolving IRS Tax Debt, and we can help you determine if this may an option for you.
Offer in Compromise
The Offer-in-Compromise is a vital tax resolution for those in need, often resulting in paying less than 20% of the owed amount. Approved by Congress, it offers significant savings, especially when financial hardship makes long-term payment plans challenging. In some cases, the IRS may accept an Offer-in-Compromise, substantially reducing your tax bill. Eligibility requires demonstrating an economic hardship or unfairness. To enhance success, enlist a professional like Fernando Evangelista, an expert Enrolled Agent experienced in preparing, submitting, and settling these cases. Secure your financial future with this potential life-saving tax resolution option.
Payroll Tax Debt Relief
If you currently own or have owned a business with employees, and owe 941 or Employee Withholding Tax then YOU NEED TO RESOLVE YOUR TAX ISSUE IMMEDIATELY! The IRS is most aggressive when it comes to these type of taxes. If payroll taxes are not paid, you are putting your income, assets, and business reputation at risk. If these taxes (payroll tax 940 or 941) are neglected long enough, the business may be forced to close and all assets can be seized to satisfy the debt. Regardless if the business is closed, you must make arrangements to pay the taxes. The IRS will not be deterred and by not paying or making arrangements your personal finances are at risk. E File TST who specialize in Payroll Tax Issues can discuss what options are available and what will be the best course of action.
Unfiled Tax Returns
We find that taxpayers do not file tax returns for one or more years for various reasons and the problem can become overwhelming. Missing all or a portion of their records, personal hardship and/or neglect are some of the many reasons people fall behind in filing their taxes. Fortunately, there are ways to approach the problem of unfiled returns. E File TST can prepare passed returns using various substitute sources when there are missing records. Those returns should be filed as soon as possible in order to avoid accumulated compounding interest. Also, it should be noted that if returns have not been filed in most recent three tax years, those returns should be prepared immediately in order to claim any refunds that maybe due.
Tax Lien Removal
If you are delinquent in paying back taxes, you are subject to a serious collection action called a tax lien. You need the help of a qualified tax specialist to take action now to prevent having your finances restricted. Tax liens legal claims filed by the IRS against anything of value which you own. This can be your home, business, income, automobiles, jewelry, property, etc. It is basically a public announcement of your back tax Dept. and gives the IRS precedent over any other creditors. Our team here at E File TST is experienced in tax law and will help you obtain a more affordable solution to pay your tax liability.
Stop Wage Garnishment
When the IRS or state fails to collect back taxes, they may initiate asset seizures through a process known as a “levy.” Legal authorities can seize various assets, including bank accounts, accounts receivable, property, and vehicles. Wage garnishments, a continuous process, are another form of tax levy. Tax resolution can stop this by establishing an approved installment plan, freeing you from the burden of involuntary payments. E File TST specializes in lifting levies and stopping garnishments promptly, understanding and defending your taxpayer rights.
State & Local Tax Issues
In many cases, State Tax Collection authorities can be more aggressive and act before the IRS takes action. Typically, those who owe the IRS, also end up owing state tax. State tax collection authorities have tremendous reach can you cause financial hardship if not dealt with in a timely manner. Call us today so we can have representative represent you in your case.
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.