Glen Ellyn IRS Payment Plans
When it comes to addressing IRS matters, whether managing unfiled tax returns or negotiating Glen Ellyn IRS payment plans, the expertise of seasoned professionals is indispensable. Jones, Savarese, Harrington & Company has an exceptional team of accounting specialists well-versed in tax filing and IRS issue resolution.
We are fully prepared to assist you in navigating the complexities of IRS-related concerns. Our team conducts a comprehensive assessment of your circumstances, formulates strategic approaches, and dedicates effort to rectify any IRS-related issues efficiently and seamlessly. Our primary objective is to identify the optimal payment plan that complies with IRS standards, relieving you of any financial burdens on your business or personal finances. You can trust our team to manage these matters effectively.
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
Effective resolution of your tax issues significantly benefits from the guidance of a knowledgeable advisor. We understand that handling IRS-related matters can be a burdensome process. That’s why our team is fully dedicated to providing unwavering support at every step, helping you navigate through any challenges that may arise. You can have confidence in a committed partner who is wholeheartedly focused on maintaining the health of your finances.
At our firm, we aim to deliver peace of mind. Our commitment extends beyond resolving your existing tax problems. We’re dedicated to ensuring your long-term financial well-being. We’re here to facilitate your financial management, enabling you to establish a sturdy foundation for your financial future and proactively mitigate any potential IRS issues.
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.
Stay In Touch