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 reasonably straightforward. The higher the amount owed, the more complex the process can be.
Regardless of the amount you owe, we can establish a Naperville IRS Payment Plan that works for you and is in compliance with the IRS. Did you know that you or your Naperville 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 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.