North Aurora IRS Payment Plans

Jones, Savarese, Harrington & Company is home to a team of tax accounting experts who are experienced in North Aurora IRS payment plans and IRS issue resolution. With complex tax laws and regulations, having a North Aurora professional working to resolve any IRS issues or potential issues is an absolute necessity.

Did you know that you or your North Aurora 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.

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 easy. The higher the amount owed, the more complex the process can be. Regardless of the amount you owe, we can establish a North Aurora IRS Payment Plan that works for you and is in compliance with the IRS.

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 entirely and ultimately eliminate the taxes you or your Batavia business owe – 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 made “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 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.

Are you struggling with another type of IRS issue?

Jones, Savarese, Harrington & Company is your trusted partner for IRS solutions.

IRS Issues

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