Tax Problems?

           Do you owe back taxes? Are you feeling stressed and overwhelmed?  You are not alone.  Hundreds of thousands of people owe taxes each year!  Taxes are to be paid when due.  Yet, sometimes, even good Americans, can’t pay their taxes due to difficult financial challenges.  Many taxpayers worry that if they owe back taxes they will immediately go to jail or lose everything they own.  However, the Internal Revenue Service (IRS) knows that not everyone can pay taxes their when due.  That’s why they have created a number of different options for you to get back on track. So, owing taxes is often not the problem, its not resolving them that is the problem!

        

             Attorney Michael Johnson is one of the nation’s best tax resolution professionals trained and experienced in all of the various ways of resolving overdue and delinquent tax debt. Don’t waste your time working with non-lawyer tax groups that charge over priced fees and have inexperienced staff fumbling with your file. Don’t take the chance of facing serious repercussions from failing to properly resolve your tax debt.  The consequences could be a wage garnishment, bank levy, and even a tax lien.

Back Tax Services and Solutions

         Which IRS back tax solution is right for you? Contact a Sacramento area and Elk Grove back tax attorney today to review the pros and cons of each tax resolution method. It can fee overwhelming and intimidating, but our law tax office and tax lawyer can give you the support and guidance you seek.  Here are a few ways use to resolve back tax debt including:

Offer in Compromise

         The offer in compromise is sometimes referred to as a tax settlement for back taxes.  We work with taxpayers in the Elk Grove, Sacramento, Roseville, and Rancho Cordova area to file Offer in Compromises with the Internal Revenue Service.  Yes, tax settlements with the IRS are possible for some people! However, not everyone qualifies for such a settlement and the wait time it is long. Thus, it is important before submitting an IRS Offer in Compromise to have an experienced back tax professional review with you the requirements and to check your eligibility.  Click here to learn more.

Currently Not Collectible Status

       When a taxpayer does not have the ability to pay their IRS back taxes the last thing they need is a IRS wage garnishment, IRS bank levy, or IRS seizure of assets. Thus, our office can work with such a taxpayer to communicate with the IRS to have their tax account placed on a hardship status.   Click here to learn more.

Installment Agreement

        What if you owe a large sum of taxes, but just can’t pay it back all at one time?  Then, a custom tailored payment plan that fits your budget may be just solution. The last thing you want to do is to ignore your tax debt. Disregarding your tax debt will only make it go up with more interest and penalties.  Yet, an affordable payment plan can tax care of that tax debt and put your life back in order.  Click here to learn more.

Tax Account Review

           Ever wonder how much you owe?  What years you owe? The type of taxes, 1040, civil penalty, 940, or 941? When is the statute of limitations and will the taxes expire? What additional assessments or audits have happened? A great place to start is with a tax transcript and account review. Gain valuable insight into your tax debt, then plan a course of resolution.  Our law office can perform a comprehensive and careful analysis of your tax debt. Click here to learn more.

Innocent Spouse

           In some situations, one spouse is not the responsible party for the back tax debt.  In fact, they may have had no knowledge or involvement  surrounding the circumstances.  Such spouses shouldn’t be held responsible for the careless or mismanagement of the other spouse.  Thus, such taxpayers can see an innocent spouse status to have the back taxes wiped out.  

Penalty Abatement

           The Internal Revenue Service sets clear guidelines on the filing of tax returns and the payment of any back taxes due.  Failure to file tax returns on time or failure to pay taxes when due can result in harsh penalties.  Yet, sometimes there are exceptional circumstances beyond the taxpayer’s control that causes the taxpayer to fall behind. In such cases, taxpayers can request to have the monetary penalties reduced or eliminated.  Contact our Elk Grove back tax law office to learn more.