Schaumburg IRS Payment Plans
When establishing Schaumburg IRS payment plans, seasoned and reliable professionals are essential. Jones, Savarese, Harrington & Company comprises a team of tax accounting experts well-versed in the nuances of IRS tax filing and resolutions to any associated challenges.
We’re here to provide our unwavering support. Our team carefully assesses your circumstances, formulates effective strategies, and diligently works to resolve any IRS issues promptly. We aim to identify the optimal payment plan that aligns seamlessly with IRS regulations and alleviates the financial burdens affecting your business or personal finances.
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 advocate by your side can make an extraordinary difference when resolving your tax issues. We understand the overwhelming nature of dealing with the IRS, and that’s precisely why our dedicated team is here to provide you with unwavering support. We’ll accompany you throughout the process, ensuring that every aspect is comprehensively addressed. With us as your allies, confronting IRS challenges becomes more manageable as you have a dependable partner committed to defending your financial well-being.
Our firm’s dedication extends beyond merely rectifying your current tax concerns. We are dedicated to empowering you to take proactive control of your finances. Our primary objective is to assist you in attaining financial stability while significantly reducing the likelihood of future complications or Schaumburg IRS payment plans.
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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