Streamwood IRS Payment Plans

If you owe back taxes to the IRS, setting up a Streamwood IRS payment plan is often the best way to manage your debt. At JSH, our accountants are skilled in negotiating with the IRS to establish payment plans that are both manageable and fair.

We assess your financial situation, determine the most suitable payment options, and ensure all necessary forms are accurately completed and submitted. With JSH by your side, you can navigate the complexities of the IRS system confidently and efficiently, allowing you to focus on your financial recovery.

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

At JSH, we understand the hardships of IRS issues, whether an audit, wage garnishment, or other tax-related problems. Our compassionate and knowledgeable team is dedicated to helping you navigate these difficult situations. JSH is proud to have a team of seasoned tax advisors committed to your financial success.

Our advisors bring a wealth of knowledge and experience, ensuring you receive accurate and strategic tax guidance. We stay current with the ever-changing tax landscape to provide solutions that minimize tax liability and maximize financial benefits. Trust JSH’s tax advisors to help you navigate your tax obligations and make informed decisions that support your long-term financial well-being.

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 Streamwood 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.

Your debt may be settled for only five to 15 percent of what you owe if done correctly. The key is determining the least amount the IRS will accept from you before you make the offer. JSH accountants have the experience and knowledge of tax accounting to identify appropriate offers and correctly administer the process, potentially saving you thousands of dollars and resolving your IRS issues.

Are you struggling with another type of IRS issue?

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

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Give us a call or email us to set up your business consultation today!