Batavia IRS Payment Plans
IRS issues for individuals or businesses in Batavia can be daunting and require serious attention. With complex tax laws and regulations, having a Batavia professional working to resolve any IRS issues or potential issues is an absolute necessity. Let our team assist you with any potential, current or ongoing issues by establishing Batavia IRS Payment Plans.
We have a team of Batavia tax accounting experts who are experienced in all areas of IRS Tax Filing and IRS issue resolution. From unfiled tax returns to establishing Batavia IRS payment plans and beyond, you need skilled specialists working on your behalf. We will resolve the matter efficiently and beneficially.
The IRS allows payment plans for back taxes. Our CPAs can coordinate on your behalf to relieve this burden and advise you in avoiding any future tax filing problems or IRS issues. Depending on the balance you owe, it can be fairly easy. The greater the amount owed, the more complex the process can be. Regardless of the amount you owe, we can establish a Batavia IRS Payment Plan that works for you and is in compliance with the IRS.
Experienced Tax Advisors
Jones, Savarese, Harrington & Company 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 easier.
Did you know that you or your Batavia company can settle your debt with the IRS for just pennies on the dollar with their Offer in Compromise program? The program allows taxpayers to settle with the IRS on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay.
Either way, you need tax accounting representation to ensure your interests are being taken into consideration. Without an experienced advisor or a thorough understanding of all aspects of tax law, you will be stuck paying penalties and interest as you pay off your back taxes. Our tax accounting firm can coordinate a more affordable payment plan while helping you avoid penalties.
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).
Often it is possible to fully and completely eliminate the taxes you or your Batavia business owes – including all penalties and interest – at an enormous discount. There is no preset bottom limit that the IRS will accept to settle your debt especially if your offer is done “right.”
If done correctly, your debt may be settled for only 5-15% of what you presently owe. The key is to determine the least amount that the IRS will accept from you before you make the offer. Jones, Savarese, Harrington accountants have the experiences and tax accounting know-how to determine 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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