SFC CPA is an accounting firm that offers tax preparation, bookkeeping, tax consulting services and more! Online appointments available

Tax Resolution University City NC

Tax problems can be overwhelming. If you’ve received an audit letter, notice, or inquiry, SFC CPA is here to provide you with the necessary representation before the IRS or State Revenue Department. Tax Resolution University City.

Tax Problems
Tax Problems

Tax Resolution University City:

Tax Problems 

Tax Resolution University CityDon’t be an ostrich. Burying your head and ignoring tax problems with the IRS is a huge mistake. Ignoring an IRS tax issue will not make it go away; they will not forget about you, and it will only make matters worse. Most people bury their heads when it comes to IRS tax problems because they are scared, overwhelmed, and don’t know what to do. We can help.

Leaving a tax debt unaddressed means interest and penalties will continue to pile-up. It can put you at risk of having your wages garnished, and your bank account levied, and ultimately the IRS even has the power to seize your assets and sell them at auction. The reality is that the IRS has a lot of power they can exercise in collecting tax debts. We can help you resolve your tax problem while preventing or minimizing these threats.

Ignoring an IRS problem not only won’t make the problem go away, but it grows bigger and bigger over time as interest and penalties grow. This snowball can make it feel impossible to settle your debts with the IRS. Many times, the interest and penalties are more than the original tax bill itself!

We offer services to help your settle your IRS tax problem and fend off garnishment, levies, and seizures. Leverage our tax code expertise and experience in dealing with the IRS to resolve your tax problems. Here are a few potential solutions that we use to help our clients solve their problems.

  • Installment Agreement
    Installment agreements are monthly payment plans you can use to pay off the IRS. An installment agreement shows the IRS you are serious about dealing with your tax problem. Even if you can’t pay off the entire amount up front, installment plans can prevent future penalties, keep interested in check and help stop garnishments, seizures, and levies.
  • Innocent Spouse Relief
    Sometimes an IRS problem is not your fault. Typically, innocent spouse relief applies to married couples who file jointly. Whether one spouse just forgot to include all their income or they purposely committed tax fraud, the IRS will come after both of you. We can help you determine if you qualify and apply for innocent spouse relief, so you are off the hook for your spouse’s wrongdoing and the tax debt that goes with it.
  • Offer in Compromise
    One of the best options available to resolve IRS problems is an Offer in Compromise. An Offer in Compromise lets you settle your tax debts for less than you owe! There are a few forms they can take requiring either a lump-sum or short-term payment plan, and there are no guarantees; the IRS has to accept the offer you propose. We can help you propose, negotiate, and close out an Offer in Compromise if it suits your individual situation.

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