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This consultation is free of charge and confidential.
We investigate your case to determine your legal rights. You will speak with a qualified Tax Associate who will assess your best options.
Next, you take your first step towards resolving your tax problem. Our tax professionals perform an extensive investigation into the specifics of your case. Armed with the details, they will identify the best possible tax resolution strategy.
Sometimes the IRS will use wage garnishments, bank levies or tax liens to threaten taxpayers. Our agents take immediate action, working to help stop these aggressive tactics during the investigation.
If you are facing the IRS or state collection action, a tax consultation with Tax Resolutions Now could be the best decisions you could make. By making the decision to get a tax consultation from us, you can expect the expert advice, guidance and representation needed to get you through the various IRS or state collection processes as quickly, and painlessly as possible.
Your tax consultation doesn’t just end with your first call to one of our specialists, as we have an entire team of consultants, attorneys, enrolled agents and CPAs ready and willing to stand by you. What’s more is the fact that our entire tax resolution team has a proven track record of results in helping people just like you, in the same situation and in the same state of mind – you are not alone. By getting a tax consultation with Tax Resolutions Now you’ll receive numerous benefits of years of experience from the best tax professionals in America.
If you find yourself facing the IRS collections process and the related penalties and consequences that come with that, Tax Resolutions Now is standing by with access to the various tax resolution programs, and is ready to help. We can provide you the experienced tax resolution advice, guidance and representation needed to successfully navigate the IRS. We are experts and representation needed to successfully navigate the IRS. We are experts with all tax resolution options available and our only mission is to remedy your IRS problems and get you back in good standing.
Below are some options available through Tax Resolutions Now:
In some states, licensing requirements exist for anyone who is involved with tax preparation for a fee – in many cases, this pertains simply to the individual state’s filing requirements.
It wasn’t until 2011 that the IRS mandated the requirement for national registration of paid tax return preparers in the United States. Therefore, effective January 1, 2011, new rules regarding tax preparation require the registration of almost all paid federal tax return preparers. These new tax preparation rules require that some paid preparers pass a national tax law exam and undergo continuing-education requirements. Persons who are classified as certified-public-accountants (CPAs), enrolled agents (EAs) or attorneys are required to register but are not required to take the tax preparation exam and are not subject to continuing education requirements. CPAs and attorneys are licensed on a state-by-state basis, and are subject to state-mandated continuing-education requirements to maintain their licenses.
For purposes of the registration requirement for certain tax preparation, the IRS defines a “tax return preparer” as “an individual who, for compensation, prepares all or substantially all of a federal tax return or claim for refund.”
All tax return preparers, including those involved in tax preparation that are attorneys, certified public accountants, or enrolled agents, are required to have a practitioner tax identification number (PTIN). This rule is effective for preparation of any federal tax returns after December 31, 2010.
Beginning in mid-2011, tax return preparers (other than CPAs, attorneys, and enrolled agents and a few others) have generally been required to take and pass a tax preparation competency test to officially become a registered tax return preparer.
Below are just some of the ways you can accomplish successful tax preparation with the IRS and your state:
Filing a Paper Tax Return
The IRS no longer mails out tax packages, however, you can still file your tax return on paper through the mail. The processing time and chances for an error increase when you mail your return because data entry technician must enter it into the IRS computer system before processing. Remember that you may be mailing your return to a different address than in the past because the IRS may have changed the filing location in several areas.
Electronic Tax Filing
IRS e-file is the electronic transmission of your tax return to the IRS. Many software packages and service providers allow free electronic filing of federal or state returns for all customers who pay for tax preparation. For a fee, some services may e-file a tax return that you prepared yourself. This is called a Transmit-Only Return.
Just remember, you must have a valid tax identification number, such as a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN), for every person included on the return to qualify for electronic filing.
Generally speaking, January 30, 2024 is the first date the IRS will accept and process tax returns for the 2023 tax season. April 15, 2024 is the due date for most taxpayers to file their 2023 income tax returns.
Your paper tax return is considered filed on time if it is mailed in an envelope that is properly addressed and postmarked by the due date. If you send your return by registered mail, the date of the registration is the postmark date. The registration is evidence that the return was delivered and your tax preparation timing was successful. If you send a return by certified mail and have your receipt postmarked by a postal employee, the date on the receipt is the postmark date. The postmarked certified mail receipt is evidence that the return was delivered. That’s why its important that you work with a credibly and timely tax preparation firm.
If you use a private delivery service designated by the IRS to send your tax return, the postmark date generally is the date the private delivery service records in its database or marks on the mailing label. The private delivery service can tell you how to obtain written proof of this date.
If you do not complete your tax preparation on time or file your return by the due date, you may be subject to a failure-to-file penalty and interest. To avoid penalties and interest, it is recommended that you file for an extension by April 15.
If you are due a refund, but you did not file a tax return, you must file within three years from the date the return was originally due to obtain that refund.
All of the above are tax preparation solutions that Tax Resolutions Now is more than happy to assist you with. In fact, we have an entire team strictly devoted to tax preparation as their core function. So, if you have found yourself in a hardship, have back tax returns that have gone unfiled, or an IRS collection action has been initiated against you, rest assured we are here to help. Call today for your free consultation! business tax return preparation tax resolution specialists tax help.
A tax settlement is an arrangement which is acceptable to the IRS or state taxing authorities that allows a taxpayer to retire an outstanding tax debt for less than the original amount owed. Taxation authorities sometimes allow this type of tax settlement when extenuating circumstances exist that would prevent the taxpayer from honoring the full debt. While not every situation is appropriate for engaging in a tax settlement process, individuals who owe taxes often find that tax authorities are willing to explore the individual situation to determine if a tax settlement is possible. This is typically based on current tax regulations and the circumstances of the taxpayer.
There are several benefits associated with attempting to negotiate a tax settlement.
The IRS will allow a taxpayer to either negotiate a tax settlement for less than the total amount owed or come to an agreement on another method for the IRS to collect taxes owed over time. For either of these situations the taxpayer must meet the qualifications of one of the tax settlement programs set forth by the IRS. The taxpayer will first have to determine which type of tax settlement they would like to apply for and then submit the appropriate forms to the IRS for review before making a decision.
Typically, the negotiation of the tax settlement remains between the individual and the IRS or tax authority involved, and may include a third party if the taxpayer seeks professional tax settlement assistance. Firms that specialize in tax resolution can, surprisingly, also help to lower the costs to the individual, since there is typically a very positive outcome to seeking the assistance of a tax relief professional.
In many instances, a tax settlement calls for paying off the entire tax settlement amount within a specified period of time. During that time frame, no late taxes or tax interest is assessed on the balance of the tax settlement. Taxpayers may choose to pay off the tax settlement amount in one lump sum. If this is not possible, the IRS or tax authorities will set up a schedule of payments that are within the means of the taxpayer, with the last payment coinciding with the final date attached to the tax settlement offer. Once a settlement has been reached by both parties, the taxpayer will be considered good standing with the IRS for the tax year/years that the settlement covered (unless the taxpayer defaults or doesn’t hold up to all the terms of the agreement). tax help business tax return preparation tax resolution specialists
Tax Resolutions Now
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