IRS Tax Settlements | Los Angeles | San Diego | Flat Fee Tax Service
Updated: Nov 6, 2019
TAX SETTLEMENTS - IRS TAX ATTORNEYS - LOS ANGELES - SAN DIEGO
Do you Find dealing with the IRS frustrating, Intimidating and Time-consuming. You’re not alone.
The IRS Tax Attorneys at Flat Fee Tax Service have a record of success for IRS tax settlements for taxpayers in San Diego, Los Angeles, Southern California and throughout the USA. All you need is a phone and access to a computer to have great IRS tax relief representation and enjoy our low, affordable tax relief fees.
Flat Fee Tax Service - IRS Tax Attorney - Tax Debt Help
While taxpayers may always represent themselves in front of the IRS, many turn to our tax professionals in order to maximize their chances of winning a tax settlement while minimizing their contact with the IRS agents. Owing the Internal Revenue Service (IRS) money is intimidating to most people. The IRS has the power to garnish your wages, seize your assets and place a lien on your property in order to obtain the money that you owe them. However, these actions can be prevented by communicating promptly with the IRS about your situation. The IRS is usually willing to work with taxpayers, and there are several options available so that you may resolve your debt issues.
The IRS carries the enormous weight and power of the federal government behind it. In addition to having extensive methods to collect on outstanding tax debt, the IRS also can be extremely patient. As long as the IRS knows it is going to get paid someday, it can wait until you are in a better financial position to pay. Of course, the longer you take to pay your tax debt, the more you will owe.
IRS TAX RELIEF OPTIONS
Programs to Settle Your IRS Tax Debt
A monthly payment plan for paying off the IRS is called an installment agreement. The IRS has all sorts of rules regarding payment plans. The IRS will not tell you what their rules are. The IRS has different rules for different tax debt balances. Owing under $10,000 is different than owing more than $10,000. Owing less than $25,000 is different than owing more than $25,000. Owing $50,000 has different rules than owing more than $50,000. And on and on it goes with the IRS.
Before you agree to an IRS payment plan, have a consultation with an IRS tax relief expert.
FREE AND CONFIDENTIAL CONSULTATION
A fairly new tax debt management program where you have a long term payment plan to pay off the IRS at a reduced dollar amount.Much like a monthly credit card payment, IRS payment plans allow you to pay off your unpaid back taxes in installments instead of all at once. A well-qualified tax debt attorney will negotiate the lowest possible monthly payment for your needs.
An Offer in Compromise (#offerincompromise) is an IRS settlement agreement where you can settle your tax debts for less than what you owe. An Offer in Compromise requires making a lump sum or short term payment plan to pay off the IRS at a reduced dollar amount. Should you owe the IRS a tax debt that is more than you can afford to pay, this could be the plan for you.
An Offer in Compromise gives you the Fresh Start opportunity to pay a small amount as a full and final payment. If you are eligible and qualified for the Offer in Compromise program, you can save thousands of dollars in taxes, penalties and interest.
Not Currently Collectible:
Being placed into Currently not Collectible (#CurrentlynotCollectible) status is when the IRS voluntarily agrees not to collect on the tax debt for a year or so. Currently Not Collectible means that a taxpayer has no ability to pay his or her tax debts. The IRS can declare a taxpayer “currently not collectible,” after the IRS receives evidence that a taxpayer has no ability to pay.
While you are Currently not Collectible, the IRS Statute of Limitations will continue to run out your tax debt. However, while being currently not Collectible the IRS will file a Federal tax lien against you. This may affect your credit rating.
If you owe more than $10,000 and the IRS has placed you into Currently not Collectible status, you should take your case one step more and do an IRS settlement.
When you owe your Uncle Sam money, the IRS can levy your wages, salary, or federal payments until the levy is released, your tax debt has been fully paid off, or the time expires for legally collecting the tax.
FLAT FEE TAX SERVICE WILL STOP YOUR IRS TAX LEVY
ON YOUR WAGES IN ONE DAY.
There’s room here to bargain for a release or modification to the garnishment if you don’t have enough money to survive with the levy.
Stop a Tax Levy on Your
The IRS can issue a tax levy at your bank to take your cash in savings and checking accounts to collect back taxes. When the IRS enforces at tax levy a bank account, the bank is required to remove whatever amount is available in your account that day (up to the amount of the IRS levy ) and send it to the IRS in 21 days unless notified otherwise by the IRS. The 21 day window includes Saturdays, Sundays and holidays. Part of the process of resolving your IRS debt is obtain a release of the levy from the IRS.
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