Tax Resolution is the process of working with the IRS and tax professionals to find a solution to your tax problems. The IRS might have an issue with your tax return or tax situation for a few reasons. For example, if you have a complicated tax return, the IRS might audit you to verify that you report the appropriate amount of income and claim legitimate deductions. In some cases, the IRS might believe you have underreported your income, and it might want to take a closer look at your tax situation.
Our tax professionals help you to; organize your paperwork, guide you in gathering your receipts and information, have it managed by expense categories, summarize records, and double-check your invoices and expense totals.
If you have employees, we help you have their payroll information gathered together. Depending on your business size or level of complication of your return, our tax professionals will outline what you need to present to them for your taxes to be accurate.
Step by step
How Our Tax Resolution Process Works
Phase 1
A Start of Something New: 3-4 Weeks. In this phase, we begin the IRS tax debt relief process. First, we conduct our first interview with you, gather all necessary documents, and communicate with the IRS or State regarding your tax situation. The next step is for us to provide you with these findings.
Phase 2
The Beginning of the End: 1-3 Months. This phase is the beginning of the end of your anxieties! We catch up on bookkeeping, run profit & loss statements, and prepare unfiled tax returns in this phase.
Phase 3
The Last Step of The Process: 6-12 Months. The most exciting part! In this step, we will negotiate with IRS or State to achieve the best tax solution, including offers in compromise or payment plans.