I owe the IRS and the state. What are my options?
Depending on your situation, there are several options you can take. The first step is to contact us for a free consultation. Our professionals will guide you on your best solutions. We generally recommend a two-step process. First, is an investigation where we send a power of attorney to both the IRS and the State. We get a complete picture of the situation you are facing so we can make a well-informed decision. Secondly, we review our findings and your financials to advise you on your best options. We can resolve your tax issue through an Offer in Compromise (OIC). This program allows taxpayers to lower their tax liability for less than what they owe. Another option is an Installment Agreement (IA). Our tax attorney’s can put you on an affordable monthly plan. The 3rd option is to put you into Currently Non Collectible (CNC) status. This will prevent further collections for a time being, as we strategize how to handle your case. The best thing to do now is to contact us immediately.