IRS tax resolution services Fundamentals Explained

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.

In the event you had been affected by a catastrophe declaration and granted an extension of time to file your 2023 federal earnings tax return, don’t overlook to file and pay out through the Feb. three, 2025 deadline. Read through far more from the #IRS: pic.twitter.com/hQ2b3ZKcuC

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Qualified people, which includes families in Puerto Rico, who Never owe taxes to your IRS can assert the credit score by means of April fifteen, 2025, by submitting a federal tax return—although they don't Generally file and also have little or no cash flow.

You may well be suitable for our support in the event you’ve tried to take care of your tax issue by usual IRS channels and also have gotten nowhere, or you think an IRS course of action just is just not Performing since it should.

Everything you may not know is you could also likely qualify for what is known as an IRS offer in compromise – a plan that lets you settle your debt for less than the amount you owe.

By using a lump sum money OIC, you will have submitted a 20% initial payment with all your application. When you're approved, you will need to pay the remaining equilibrium in five or fewer payments.

Lauren enjoys the adaptable perform schedules plus the work-lifetime equilibrium a career Using the IRS offers. She also enjoys passing on her skills and knowledge by serving as being a classroom instructor, training new examiners. When requested what keeps her at the IRS, she explained:

The most crucial detail it is best to do is keep in contact along with your creditors and prioritize your payments.

Will not wait to visit our Added benefits web page for finish particulars, in the meantime, look at a snapshot of Advantages precise to our Revenue Agent careers underneath.

You can also check out IRS’s Payments page for payment alternatives or see this Tax Time Tutorial: Utilizing Digital payment and settlement options for taxpayers who owe may help avoid penalties and fascination.

When you've got a equilibrium due, don’t hold off in looking to resolve it. Occasionally, the timing of your actions is essential and also you don’t desire to skip a deadline and shed certain taxpayer rights.

We may well receive commissions from some backlinks to solutions on this web page. Promotions are matter to availability and retailer conditions. MoneyWatch: Handling Your cash four ways a tax relief support can lower your tax Monthly bill

Just about the IRS agent most potent instruments in a tax relief company's arsenal is the chance to negotiate an Offer in Compromise While using the IRS. An Offer in Compromise is a way to settle your tax credit card debt for under Anything you owe, nevertheless the IRS only approves OICs whenever they believe you genuinely are not able to spend the complete amount of money, either inside of a lump sum or via installments — so a tax relief service might be a must have through this process. 

Subtract tax withholdings and vital residing costs, for every IRS tips, to Obtain your Internet disposable earnings.

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