STOP IRS COLLECTIONS
Call us today and let us handle your tax burden for you. We will fight to get you the best solution for your unique tax and financial situation.
Offer in Compromise
An offer in compromise is an agreement between you and the IRS to settle your tax liabilities for less than the full amount owed. You can save thousands of dollars in taxes, penalties, and interest.
Our professionals help determine if you are qualified for an offer in compromise. We follow the IRS guidelines to guide you along the way. It may be a bit difficult, but we will do our best to help you dispose of your IRS tax debt.
Wage Garnishment
Wage garnishment occurs when a person's earnings (involuntary) are required to be withheld. With Advanced Tax Services, you do not need to take on the IRS by yourself. We will work with the IRS to negotiate the full or partial release of the wage garnishment if you qualify.
Unfiled Returns
There are big benefits of filing your tax returns on time. One is that you will access all the credits for exemptions and deductions owed to you. If you have unfiled taxes, our professionals can help you get back in compliance with the law. We'll help you minimize your penalties and receive your benefits.
Payment Plans
A payment plan is when a taxpayer agrees to make regular monthly payments to the IRS or state taxing entity until the balance is satisfied in full. It may seem simple, but what if you and the IRS do not agree on the amount you can pay each month? Our team can help by analyzing your situation. We will help you with the forms you need and even negotiate with the IRS to find the best resolution for you.
State Tax Problems
State tax issues can be even more stressful than dealing with the IRS since most states are more aggressive in their collection efforts. Our tax relief services can help you resolve your tax debt and help you move forward. If you live in Florida, Texas, Nevada, Washington, Tennessee, Wyoming, Alaska, or South Dakota, you are probably smiling ear-to-ear right now.
Payroll Tax Problems
Failure to pay your employment taxes can be a sign of significant financial problems. If your taxes remain unpaid and the IRS determined that the failure is willful, they may place a lien on your assets or file criminal charges. Our team can help you avoid this. Don't let this happen to you and your business. Call us today.
Tax Liens
A tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property, and financial assets. If you are trying to obtain a property, refinance your home, or maintain your reputation, turn to our team of Enrolled Agents for the assistance you need.
Bank Levy
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. While a lien is a claim used as security for the tax debt, a levy collects involuntarily and takes the property (funds) to satisfy the tax debt.
When the IRS goes into your account, you have a limited time to attempt to get your funds back. It is an important time. Hiring an inexperienced company isn't an option.
Penalty Abatement
In most cases involving a tax debt, interest and penalties accrue and become a significant portion of the total tax liability due. You might think a penalty is a penalty, but it's not always the case.
Were you assessed an FTP, FTF, accuracy-related penalty, underpayment of ETP, tax preparer error, or other reason? Do you qualify for First Time Penalty Abatement (FTA) or Reasonable Cause? At Advanced Tax Services, knowing how to maximize your savings before the IRS is always our goal. Our team of professionals can help prepare your paperwork and help relieve the stress of penalty negotiations.
IRS Audit Notification
Did you receive an audit letter from the IRS? The first step is to remain calm. The IRS uses letters to communicate with taxpayers about IRS audits. As with most IRS communication, there are deadlines associated with IRS audit letters. Our team of professionals can help you comply with these and pass your audit.
IRS Seizure
The IRS can seize your property if you owe taxes and did not make arrangements to pay. The most common form of seizure is a levy. In 2021, the IRS issued over $3.6 Billion of levies. If you received a letter regarding immediate collections, contact us. Our team is highly skilled in helping clients with issues relating to IRS seizures.
Innocent Spouse
The innocent spouse rule is a provision of U.S. tax law, revised most recently in 1998, which allows a spouse to seek relief from penalties resulting from underpayment of tax by a spouse. The rule was created partly due to spouses not telling their partners the entire truth about their financial situation.
Both taxpayers are jointly and individually responsible for the tax and any interest or penalty due on the joint return even if they later divorce, but our team can help provide relief.
Injured Spouse
Compared to the innocent spouse, the injured spouse’s claim is for the allocation of your share of a refund of a joint return instead of recouping your share. Our professionals will help you understand the difference and the benefits that you can get from your claim.
Statute of Limitations
A statute of limitation is a time established by law to review, analyze, and resolve taxpayer and/or IRS tax-related issues. The Internal Revenue Code (IRC) requires that the Internal Revenue Service (IRS) will assess, refund, credit, and collect taxes within specific time limits. These limits are known as the Statutes of Limitations. We know the importance of your situation and can help navigate the statute and determine the best course of action for you moving forward.
Tax Preparation and Planning
Tax planning is something that most taxpayers do not take advantage of but has many benefits. It can help minimize their tax liability on next year's tax return. Our tax team’s industry-leading experience addresses a full range of tax concerns, delivering comprehensive tax services to support individuals, businesses, and nonprofit organizations of every size.
Currently Not Collectible
This is a program offered by the IRS and some states for taxpayers experiencing severe economic hardships. You may qualify if you are facing a situation in your life where you do not have any disposable income. Our tax relief services can help you determine if this program is right for you.
Sales and Use Tax
Sales Tax Law presents a number of strict regulations and aggressive tax auditing procedures causing concern for companies facing a sales tax audit.
The following questions can help pinpoint the best representation when a state audit is imminent, on-going, or even completed:
• Do I have someone fighting for me who has the proven experience dealing with the very complex myriad of Sales Tax laws, regulations, interpretations, policies, and procedures?
• Have I put myself in the best position to secure positive results from a sales tax audit by engaging the help of someone who specializes in this area?
Our audit representation services can help protect your interests and range from pre-audit consultations to the processing of all necessary and warranted aspects of an audit. Call us for a free consultation today.
Bookkeeping
Bookkeeping is as important as the business itself because it also aids in improving your cash flow. It provides all information on invoices –customer/vendor name, amount, date issued, and due date. It helps you track when customers' and vendors’ invoices payments are made. You can rely on us for bookkeeping services to make key operating, investing, and financing decisions easier for you.
IRS Fresh Start Forgiveness
The Internal Revenue Service has expanded its "Fresh Start" initiative to help struggling taxpayers who owe taxes. Our tax relief services can help you determine if this program is right for you. Don’t wait any longer, give us a call today!
Truck Driver Back Taxes
Life on the road can be taxing. But that doesn’t mean that your wallet should suffer. Fortunately, Advanced Tax Services specialize in owner-operator truck driver taxes. We can help you with trucking specific deductions as well as common deductions, such as child tax credits, lifetime learning credits, and child or dependent care. Stop leaving money on the table and give us a call today!
Business Entity Formation
Your tax return income depends on your form of business. The most common business structures are sole proprietorship, partnerships, C corporations, S corporations, and limited liability companies (LLC). Our professionals will be your guide in navigating these structures. Let us help you start your business with our services.
Talk to a Tax Professional!
If you have any questions about our services or concerns about your tax situation, get in touch with us today. Our professionals are always here to accommodate you.
