Tax Resolution is a lifeline for individuals and businesses burdened by overwhelming tax debt. It encompasses a range of strategies designed to provide tax relief using specialized tax laws and programs established by the IRS and state taxing authorities. Through tax resolution, you can potentially reduce the amount you owe to the IRS or state taxing authorities, eliminate or minimize penalties, and establish manageable payment plans. Our seasoned tax professionals leverage their expertise to help you navigate those complex tax laws and programs, ensuring that you receive the most favorable outcome possible. Whether it’s through offers in compromise, installment agreements, or penalty abatement, tax resolution aims to provide you with a fresh financial start and peace of mind.

Tax Resolution is a lifeline for individuals and businesses burdened by overwhelming tax debt. It encompasses a range of strategies designed to provide tax relief using specialized tax laws and programs established by the IRS and state taxing authorities. Through tax resolution, you can potentially reduce the amount you owe to the IRS or state taxing authorities, eliminate or minimize penalties, and establish manageable payment plans. Our seasoned tax professionals leverage their expertise to help you navigate those complex tax laws and programs, ensuring that you receive the most favorable outcome possible. Whether it’s through offers in compromise, installment agreements, or penalty abatement, tax resolution aims to provide you with a fresh financial start and peace of mind.

Absolutely! Once we file Form 2848 granting us Limited Tax Power of Attorney, our experienced tax professionals become your legal advocates in navigating the intricate landscape of IRS negotiations. We take the helm in your interactions with the IRS, ensuring your rights as a taxpayer are safeguarded at all times. We are steadfast in securing your rights as outlined in the IRS Taxpayer Bill of Rights, assuring that you receive fair and equitable treatment throughout the negotiation process. With our expertise and commitment to your well-being, you can rest assured that we’ll work tirelessly to resolve your tax matters, providing you with the relief and peace of mind you rightfully deserve.

No, there’s no need for in-person visits when it comes to resolving your tax issues. In the modern era of the tax industry, virtually everything is seamlessly handled electronically. Whether it’s communicating with the IRS or state taxing authorities, it’s all efficiently conducted through phone, fax, and email. We recognize that office visits can be costly for both our valued clients and our company. By minimizing in-person appointments, we can significantly reduce the overall cost of conducting business. These savings are then passed on to our clients in the form of reduced fees, ensuring that you receive the highest level of tax resolution service without the added financial burden of office visits.

The duration of the resolution process can fluctuate significantly, ranging from as short as one week to as long as 180 days. The key factors affecting this timeline include the complexities inherent to your specific case, how promptly you can provide the necessary documentation, and the type of program you qualify for. Rest assured, our commitment to efficiency and expertise ensures that we strive to achieve the quickest possible resolution, and we’ve been praised for having one of the swiftest turnarounds in the industry among our peers.

The Fresh Start Initiative is a commonly used phrase referencing a series of pivotal changes in current IRS Collection procedures and policies. This initiative is purpose-built to aid both individual taxpayers and small businesses in addressing overdue tax liabilities. It offers qualified individuals the opportunity to settle their taxes through manageable installment plans, featuring reduced penalties. Applying for a Fresh Start can be done directly with the IRS, but this route may take several months for approval. Alternatively, you can choose to enlist the support of a tax professional from Ultimate Tax Group. With our expertise on your side, we can expedite the process, ensuring that you gain access to the benefits of the Fresh Start Initiative as swiftly as possible, offering you a pathway towards tax relief and financial stability.

While it is possible to request an IRS Offer in Compromise (OIC) independently, it’s essential to recognize that the OIC process can be intricate and challenging to navigate effectively. To secure the best possible arrangement with the IRS, it is highly advisable for individuals seeking favorable terms to engage the expertise of a seasoned tax professional. Filing for an OIC entails numerous required forms, extensive documentation, and a comprehensive understanding of the intricacies of tax filings. In fact, many taxpayers have turned to us after their self-submitted OIC was denied. It’s crucial to note that you have just 30 days from the date of a rejection letter to request an appeal—a relatively small window of opportunity that highlights the importance of seeking professional guidance from the start. Don’t hesitate to reach out; we’re here to help you navigate the complexities of the OIC process and strive for a successful outcome.

For most tax liability cases, we initiate representation by having you complete several IRS forms. The first is Form 2848, granting us the authority to communicate directly with the IRS on your behalf. In addition, this allows us to request a hold against any collection actions and negotiate with any revenue officer the IRS may have assigned to your case. The second is Form 8821 which enables us to access your master tax file to determine the amount owed, the tax years involved and your current status regarding tax return filing compliance.

In cases involving state tax issues, it’s important to note that each state typically has its own set of equivalent forms, which may also be required for representation. Following these initial steps, we provide you with a comprehensive financial questionnaire, which you must complete and return to us. Moving forward, there will be ongoing communication between you and our firm as we work to prepare your resolution strategy and negotiate directly with the IRS and/or state tax authority on your behalf. It’s worth noting that the specific steps may vary contingent upon the unique circumstances of your case.

Understanding the costs of tax resolution is vital, especially if you’re already financially distressed due to a lingering tax debt. With over a decade of expertise, we have adopted a flat-rate fee structure that best serves our clients. As such, our fees are determined based on the anticipated workload of your specific case. This includes factors such as addressing overdue tax returns and the removal of garnishments.

To provide you with a general cost range: basic tax return filings are typically in the few hundred-dollar range, while basic tax resolution cases typically fall between fifteen hundred and twenty-five hundred dollars. For more intricate cases with greater complexities, costs may extend into the thousands. To facilitate affordability, we often provide financing options for convenient payments over time. To acquire a precise cost evaluation and explore tailored options, we encourage you to connect with one of our seasoned tax analysts. They’ll offer a free assessment of your tax situation and provide more precise pricing for representation.