Everything about IRS offer in compromise
Everything about IRS offer in compromise
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Michael D. Sullivan, a Former IRS Agent, leads a nationwide team of tax professionals at MD Sullivan LLC, based in Florida. Our team includes experienced Tax Attorneys, Lawyers, CPAs, Enrolled Agents, and ex-IRS Agents, offering over 250 years of combined IRS resolution experience. We specialize in resolving IRS back tax penalty cases efficiently and effectively. Michael D. Sullivan provides immediate representation to stop IRS intrusions into your business and personal life, ensuring peace of mind. For IRS tax relief, expert tax solutions, and top-tier tax services in Florida, trust MD Sullivan LLC.
If the result of this calculation is larger than your IRS financial debt, you don't qualify for an offer in compromise; if The end result is lesser than or equivalent on your IRS personal debt, keep likely.
Through periods of large call quantity, you might get the choice to get a return simply call once a customer care representative is out there as opposed to waiting around on keep.
Have an issue? Inquire a true man or woman any authorities-connected query for free. They can get you The solution or let you already know in which to search out it.
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With "question as to liability," he suggests, you are arguing to The federal government that you do not in fact owe the tax they Imagine you need to do – or no less than not all of it.
We enable taxpayers whose problems are leading to money issues. This features companies and also people today.
Taking time to understand critical tax credits and deductions can assist you preserve a huge selection of dollars or maybe more every year.
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Tax assortment and enforcement has long been a political chatting level in the U.S. with IRS funding and staffing regularly cited as a difficulty by the two parties.
The most typical offer in compromise is for federal tax debt but some states offer systems for state tax personal debt as well.
To get the most recent updates over the status of IRS processing, IRS tax relief take a look at Processing status for tax kinds. We advocate examining this IRS site commonly for updates.
You happen to be impacted by a burdensome tax problem with uncertain tax procedure, and The problem impacts a significant range of small business taxpayers. The uncertainty of The difficulty ends in Regular, usually repetitive examinations.
If you end up picking to take the scheduled crack you'll depart the screening space, adhering to all safety protocols.
When your knowledge spans many vocation/quality amounts, please implement to all for which you believe you qualify.