Our Tampa team is able to help you negotiate an Offer in Compromise arrangement economically and quickly.
What is an Offer in Compromise Agreement?
Among the finest applications the IRS has accessible right now, is called the Offer in Compromise application. This application essentially lets people would’ve gone through considerable financial or emotional hardship to have their tax debt reduced to significantly to a much lower sum, in accordance with what they’re capable to really repay within a reasonable period of time.
For lots of individuals, this means they could avoid paying upwards of 80% to 90% of their tax debt. For anyone who qualifies, this can make a massive difference in the quality of your own life in the future.
How Can I Qualify for the Offer in Compromise?
Regrettably qualifying for an offer in compromise arrangement isn’t the simplest thing, than they need to, and many people that attempt to qualify we’ll not be accepted, and actually give more advice to the IRS. This may occasionally even lead to the IRS increasing your tax debt because of the new info that you gave them.
To finest raise your chances of really qualifying for an OIC agreement, you need to talk to our Florida law firm instantaneously, and before you do anything else.
What Do I Need to Get an OIC Agreement?
You’ll need to reveal important psychological and financial hardship throughout that time you have not filed your back tax returns, for the majority of folks to qualify for an OIC arrangement. This can be anything from a job layoffs, two at a medical emergency, and many more matters, depending on your ability to make a wage that is sound, as well as how substantially affected your life.
What is the best way to negotiate?
The best method to negotiate this arrangement, in the event that you actually let to for you, and our Florida lawyers and CPAs are more than ready to assist you.
A tax lien on property or your home could be very prohibitive. Let our Tampa team remove it in a matter of days for you.
What is a Tax Lien?
This is actually a legal claim of possession on the matters that you already own, and it is going to stay there until your tax debt has been fully paid.
What this means is that the federal government can legally own your dwelling, cars, boats, RVs and anything else in the event that you owe them money. While this lien is in place, you cannot refinance, sell or do anything until that amount is fully paid.
Our Florida team is ready and standing by to help you with your tax lien issue, and we’ve had great results getting them lifted in Tampa.
How Quickly Can I have my Tax Lien Completely Removed?
For most tax liens, the authorities will require you to get back into compliance with them before they will lift their lien on your own premises. This process could take up, or as little as a couple days to a week or two, based on how quick you can get your paperwork.
Following that, the authorities can generally remove your tax lien within 24 to 48 hours of becoming fully compliant. This will be contingent on the quantity that you owe, your history and what you want to do it provisions of resolutions or an arrangement with them.
How Can I Get My Tax Lien Lifted?
The very best way to get your tax listed is to let an expert Florida law firm assist you in the negotiating of your tax lien’s removal. Our Florida office is prepared to help you get back on your feet financially, and has a few openings now for new customers.
If you’re interested in removing your tax liens quickly, give our Tampa office a call.
Cease bank levies in their courses, and get rightful access to your money again.
What is a Bank Levy?
The IRS may choose to issue a bank levy on your own checking, savings or brokerage accounts, in case your tax debt has been built up to a high enough of number. This is basically when the IRS gives out a lawful seizure of your assets, as well as your bank is required to send a specific percentage of the money to them which you have saved with them.
Following the IRS issues a bank levy, in your assets will freeze for 21 days, and after that your funds will probably be sent directly to the Internal Revenue Service, when you’ll not manage to ever get them back.
Can I get a Bank Levy removed?
Luckily for you, most bank levies can be taken away fast, depending on your individual tax situation. If we can get your account into conformity with the Internal Revenue Service, and file all tax returns that are back and you have left outstanding, there is a very high chance that we’ll be able to get your bank levy removed within days, and not weeks or months.
This way send to the authorities, and then you’ll have access to all your accounts as well as the cash kept within those, instead of having them locked up.
How can I stop my bank levy?
For most of US, the best method to stop an IRS Bank Levy is to use a team of experts who’ve extensive expertise in dealing with these sorts of problems.
Give our Tampa tax law firm a call right away to see that which we can do to help you.
Filing Your Back Tax Returns Is the Fastest and Simplest Way to Reduce Your Tax Debt Fast.
Have you neglected to file your IRS tax returns for several years? Has the IRS started to come after you? If you would want to eventually locate fiscal freedom from your tax problems, you must give our Tampa tax law firm a call immediately.
When made un-filed, back tax returns can result in a large amount of interest fees and penalties on the total amount that you should’ve been paying. The Internal Revenue Service will file replacement tax returns for you, but not claim any deductions including mortgage interest, dependents or anything else I’m able ot see you cash on the money you owe.
One of many major issues that most individuals with back tax returns have, is that they are not fully compliant with the Internal Revenue Service, thus cannot negotiate a better resolution until all their past returns have been filed, and they are back to a compliant position.
The easiest means to file all your back tax returns is to let our crew of pros go through and do them for you. We’ll check over everything to make certain you ha filled in the information that is correct, have claimed the right deductions, and will be forced to pay the least number possible.
Just by filing a few years of your back tax returns, you can significantly decrease interest fees and the penalties which you have had built up on the amount you already owe.
So whether you have not filed your federal or Florida state tax returns for one or two years, or 20 or more, our Tampa tax experts are here to help you finally get up to date with your filings, which means you can even up with the government once and for all.
Let our Tampa team finally help you be free.
We can help put an end to the harassment, in case you are getting letters and notices from the Internal Revenue Service.
What Does My IRS Letter Really Mean?
Has the IRS been sending threatening letters or notices to company or your house lately? Most of the time these letters and notices are hard to understand for most folks and very complex to read.
They often feature info that is legalistic in your current tax problem, phrased in a way you cannot understand, together with the aim of warning you about forthcoming activities they are about to take on your own account or private life.
They will stop at nothing to send these letters to your Tampa home or place of employment.
What Should I Do About IRS Letters and Notices Showing Up at My House?
The best that you can do to stop these letters and notices from showing up at your house or work is to get a hold of an experienced Florida tax law business, who knows just what these letters mean, and what to do about them.
Our Florida firm understands precisely what each one among them means in terms of what our customers next action ought to be and handles hundred of these layers weekly for customers, and deciphers.
How serious are these IRS Letters and Notices?
These IRS letters and notices are meant to be very serious to the citizen, and generally signifies a possible actions that the IRS is about to take against you. Even though they’re not simple to comprehend, they mean business, and may sometimes mean the IRS is going to seize the ownership of your house or auto as a way of getting you to pay off the amount you owe.
What is a Revenue Officer?
Another trick of the IRS uses to recover the amount that you owe in back taxes, is to send an IRS revenue officer do company or your home. These policemen are applied especially to harass you into reimbursing the amount that you simply owe. Until you really refund the entire sum in back tax debt for many people, they will not quit seeking out you.
If you’re having problems using a revenue officer showing up at your residence or company, and just wish to be free of them for good, give our Tampa specialists a call immediately to learn what your options are.