Written by Scott Allen

Tax Debt Advisors, Inc.—Offer in Compromise Facts

Avondale AZ IRS Offer in Compromise Facts

An Offer in Compromise (OIC) allows Avondale AZ taxpayers to settle their tax debt including interest and penalties for less than the amount owed under certain circumstances.  If there is no way you are going to pay the tax debt owed or the IRS liability creates a financial hardship the IRS will consider a lower payback amount.  The IRS takes into consideration your ability to pay, your income and necessary living expenses and any equity you have in assets.

The IRS must be convinced that the government is better off accepting a lower amount than trying to collect the full debt over the remaining statute of limitations.  Not everyone in Avondale AZ qualifies for an OIC or the OIC amount is higher than what the taxpayer can afford.  All taxpayers should consider all other available settlement options before selecting an OIC.

Scott Allen E.A. of Tax Debt Advisors, Inc. has been representing taxpayers before the IRS on all settlement options including OIC.  If you are interested in a free consultation, call 480-926-9300 to schedule an appointment.

 

Written by Scott Allen

Scott Allen E.A. for information on all of the IRS Tax Relief Programs

IRS Tax Relief Programs

If you have an IRS tax debt in Gilbert AZ and are confused about how to get it resolved, call Scott Allen E.A.   Scott offers a free consultation and can outline each of the options that apply to you and get that settlement option approved by the IRS.  Scott will require some financial information that needs to be accurate and complete.  Even minor omissions can make one option appear to be better than the right option.  Scott Allen of Gilbert AZ promises follow through service but that is worthless unless you provide correct information in a timely manner.  Only you can tie Scott’s hands—not the IRS.  Scott can be reached at 480-926-9300 for an appointment.  If you call from out of town, Scott will schedule a telephone appointment.  Either way Scott Allen E.A. will make that appointment a great day for you!

 

Written by Scott Allen

Tax Debt Advisors, Inc.—What you need to know about a CP-90 letter?

IRS CP-90 letter Peoria AZ

This letter is telling you that the IRS will begin to levy your assets.  That means your social security benefits, you salary and bank accounts.  The Peoria AZ IRS will also lien your property including your vehicles and your home.  You can stop such action by paying the amount due.  Very few taxpayers have the ability to pay off their tax debt or they would have done it sooner in most cases.  If you cannot pay off the balance due, you need Peoria Arizona professional help.  The IRS will expect you to enter into an Installment Arrangement or making an Offer in Compromise.  Your proposal needs to be within 30 days from the date of the notice.  If you don’t agree with the tax assessment you have the right to file an Appeals Collection Due Process hearing (CDP).   If you tried to contact the IRS and received no response you can contact the IRS Taxpayer Advocate Service.

There are a lot of things to consider and understand in this whole process.  Scott Allen E.A. of Tax Debt Advisors, Inc. has the expertise to help you through any IRS problem in Peoria AZ.  At your free initial consultation you will get straight answers.  Call 480-926-9300 to schedule an appointment.

www.taxdebtadvisorsinc.com

 

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