Our Kansas City team can decrease the amount you owe total in tax debt by 20% - 40% with a penalty abatement.
What is the IRS Penalty Abatement Program?
Odds are, that when you have built up a critical tax in the IRS, they’ve added to your closing debt, which can increase it significantly if not almost double it from what you truly owe on interest charges and additional fees.
But fortunately enough, in an attempt to get you to refund you tax debts, the Internal Revenue Service will often agree to reduce or remove some of these fees and interest charges, which can reduce the amount you owe. Program or this activity is referred to as penalty abatement, and is something which our Kansas City tax law business does for all our customers.
How Can I Get my IRS Penalties and Interest Reduced?
Just like in negotiating with all the Internal Revenue Service, if you can make use of the idea of non-payment of your tax debt against them, then chances are that they will decrease the overall amount you owe, only trying to get back whatever money they can, and appear good to their bosses.
The best means to qualify and get the top bargain is to let our crew of pros handle it for you. Instead of trying to handle a massive water line break on your own, you would call a plumber who could get it repaired promptly, before more damage is done. Something similar goes with taxes. It’s just better to let our Kansas City team manage it for you.
How Much Can I Save with IRS Penalty Abatement?
The precise number that you will save in having your fees and interest reduce will depend a lot on your own individual tax situation, and your fiscal situation in your ordinary life.
Give our Kansas team a call immediately to learn after a short 15 minute phone conversation, you’ll understand just where you stand, and how much you can actually save, and what to do. The info from that consultation is free that you do anything you like with, including do it yourself, or go with a competitor.
Negotiating an Offer in Compromise Deal may be very difficult for individuals to do, but our Kansas City team is experienced.
What is an Offer in Compromise Agreement?
Among the greatest applications the IRS has available right now, is known as the Offer in Compromise program. This application essentially allows individuals would’ve gone through significant financial or emotional hardship to have their tax debt reduced to to a far lower amount, in accordance with what they’re capable to really refund within a decent quantity of time.
For anyone who qualifies, this can make a huge difference in the quality of your life later on.
How Can I Qualify for an Offer in Compromise?
Regrettably qualifying for an offer in compromise agreement isn’t the easiest thing, and several people who try to qualify we’ll not be accepted, and really give the IRS more advice than they should. This could sometimes even result in the IRS boosting your tax debt again, due to the brand new advice that they were unknowingly given by you.
To greatest raise your probability of really qualifying for an OIC deal, you need to speak to our Kansas law firm promptly, and before you do anything else.
What Do I Need to Get an Offer?
For the majority of individuals to qualify for an OIC deal, you’ll need to reveal significant emotional and fiscal hardship during that time your back tax returns haven’t filed. This can be anything from a job layoffs, two at a medical emergency, and a lot more things, based on your ability to make a strong wage, and how significantly impacted your life.
With just 15 minutes on the phone, our Kansas City specialists can let you know the exact odds you will manage to qualify for this deal, and end up saving a ton on the amount you owe in taxes.
What is the best way to negotiate?
In the event that you actually let to for you the best way to negotiate this deal, and our Kansas lawyers and CPAs are more than prepared to assist you.
Negotiating with the IRS is something our Kansas team does on a daily basis, so let us help you!
How Can I Negotiate with the IRS to lower my my tax debt?
For those who have built up a significant tax debt to the IRS, and live in Kansas City, odds are that you’ll have the ability to negociate a certain portion of your debt spread out the procedure in which you’ll pay for it, and to be forgiven.
But this is generally somewhat less easy as it sounds, as you’ll be fighting against the biggest collection agency on earth, who puts aside billions of dollars and tens of thousands of employees to go after citizens like you, to make sure they get the money they are owed.
How Should I Start Negotiating With the IRS?
Among the fundamentals of negotiating a tax settlement with all the IRS, is to have some sort of negotiating edge. For a lot of people, the risk of non-repayment of their debts may be utilized as a bargaining chip against the Internal Revenue Service. It’s each IRS employee’s job to try and recover as much of your tax debt as possible, so they’re going to usually take that bargain, if they are able to get some of it, instead of not getting any of it.
But dealing with this individual revenue policemen could be very hard, and if you don’t understand what you’re doing, you can often end up in a worse position than you were before.
To place yourself a bunch of money time and headaches, you should simply let our Kansas City tax attorneys that are handled for you in negotiations.
How Can I Get the Best Result from Negotiations?
To get the best price on your own tax settlement negotiations with the Internal Revenue Service, you need to find out which buttons are the best ones to shove. Like we mentioned above, the hazard of nonpayment is generally a great way in order to get a lower rate for sum on what you will repay. Things enjoy life scenarios financial hardship, and the other financial circumstances can frequently assist in reducing your own monthly payments in an installment agreement, as well as the entire amount you owe overall.
But again, the best way to go about negotiating with the IRS would be to let our Kansas law firm manage it for you. It’s something we are the best at in the business, and do on a daily basis for customers.
Filing Your Back Tax Returns Is the Quickest and Easiest Way to Lower Your Tax Debt Quickly.
Have you ever failed to file your IRS tax returns for several years? Has the IRS started to come after you? In the event you would want to finally locate financial freedom from your tax problems, you have to provide our Kansas City tax law firm a call immediately.
When left unfiled, back tax returns can lead to a large amount of interest charges and fees on the amount that you just should’ve been paying. Replacing tax returns will file for you, but not claim any deductions such as mortgage interest, dependents or anything else I’m able ot see you money on the money you owe.
One of many significant problems that most people with back tax returns have, is that they are not completely compliant with the Internal Revenue Service, thus cannot negotiate a better resolution until all of their past returns have been filed, and they’re back to a position that is compliant.
The easiest way to file all of your back tax returns is to let our crew of pros go through and do them for you. We’ll check over everything to be sure you ha filled in the info that is correct, have claimed the right tax write-offs, and certainly will be made to pay the least amount possible.
Simply by filing a couple of years of your back tax returns, you can significantly decrease interest charges and the fees which you have had built up on the quantity you already owe.
So whether you haven’t filed your federal or Kansas state tax returns for a couple of years, or 20 or more, our Kansas City tax specialists are here to assist you eventually get current with your filings, which means you can even upward with the government once and for all.
Let our Kansas City team ultimately help you be free.
We can quickly remove a bank levy from your account, so you could proceed with your own life.
What is a Bank Levy?
In case your tax debt was built up to a high enough of quantity, the Internal Revenue Service may choose to issue a bank levy on your own checking account, savings or brokerage accounts. This really is essentially when the Internal Revenue Service gives out a lawful seizure of your assets, as well as your bank must send a specific portion of the cash to them which you have saved with them.
After the IRS issues a bank levy, in your assets will freeze for 21 days, and after that your funds will be sent straight to the IRS, when you’d not manage to ever get them back.
Basically, it is of legal form larceny, where the government steals from its own people for tax cash owed.
Can my bank levy be removed?
Fortunately for you, most bank levies could be taken away quickly, depending on your individual tax situation. If we can get your account into compliance with all the IRS, and file all back tax returns and you have left unpaid, there is a very high chance that we will be able to get your bank levy removed within days, and not weeks or months.
This way send to the government, then you’ll have access to all of your accounts as well as the cash stored within those, instead of having them locked up.
How can I get rid of my bank levy?
For most of US, the best method to discontinue an IRS Bank Levy would be to utilize a team of specialists who have extensive expertise in coping with these types of dilemmas. Our Kansas City team is well-versed in quickly removing bank levies from your account, so you have full access to get hard earned money you have and can move on with your life.
Give our Kansas City tax law firm a call immediately to see what we can do for you.
