Arlington Heights IRS Payment Plans
Dealing with IRS matters can be complex and demanding, whether as an individual or a business. Expert tax accounting representation is crucial to protecting your financial interests. At JSH, we understand this challenge and the need for peace of mind, especially when establishing Arlington Heights IRS payment plans.
Our experienced accounting team is well-versed in IRS tax filing and issue resolution. We are committed to efficiently resolving your tax matters with your best interests at the forefront. We’ll closely examine your situation, develop effective strategies, and work hard to resolve any IRS problems quickly and efficiently.
Our tax advisors can work with the IRS to get you on a simple, monthly payment plan to pay these back taxes over time. You may even qualify for an Offer in Compromise, making the payment of back taxes even more accessible.
Experienced Tax Advisors
Having a knowledgeable tax advisor can provide crucial assistance in resolving tax-related issues. We understand that navigating IRS matters can be highly stressful, but our dedicated team is here to offer comprehensive support throughout the process. With our expertise, you can confidently address any IRS challenges, knowing you have a committed partner protecting your financial well-being.
Our firm’s primary goal is to offer you peace of mind. Our commitment goes beyond addressing your immediate tax concerns. We provide proactive financial management to prevent future IRS complications. We aim to ensure long-term financial stability, safeguarding you from future tax-related worries.
Offer in Compromise
The IRS Code states: “We will accept an Offer in Compromise when it is unlikely that we can collect the full amount owed and the amount you offer reasonably reflects the collection potential…” (Internal Revenue Code section 7122).
It is often possible to entirely and ultimately eliminate the taxes you or your Oswego business owe– including all penalties and interest– at an enormous discount. There is no preset bottom limit the IRS will accept to settle your debt, especially if your offer is constructed correctly.
If done correctly, your debt may be settled for only five to 15 percent of what you presently owe. The key is determining the least amount the IRS will accept from you before you make the offer. JSH accountants have the experience and tax accounting know-how to identify appropriate offers and correctly administer the process of doing so, saving you potentially thousands of dollars and resolving your IRS issues once and for all.
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