The IRS created the Offer in Compromise, an agreement between the taxpayer and the government that settles tax liability for payment of less than the full amount owed. This applies to all taxes, including any interest and penalties. As of last year the IRS has accepted Offers at 88% less than the amount owed. If you qualify, an Offer in Compromise is frequently the ideal solution for resolving your delinquent tax liability.
A majority of taxpayers that qualify for OIC fall under the category of "Doubt as to Collectibility". Under this category, the taxpayer is notifying the IRS that he/she could never pay the full amount of tax owed, even by liquidating assets or through installment agreement guidelines. When submitting an OIC, the IRS will stop to collect tax liability as they evaluate your offer.
The biggest obstacle to qualifying for OIC is the failure for taxpayers to correctly submit the appropriate collection information statement and ALL required supporting documents. For this reason, many taxpayers turn to Continental Tax Relief’s qualified Specialists for full assistance with completing their OIC for acceptance by the IRS.
To learn if you qualify for Offer in Compromise, CALL 1-310-476-6894.
If a taxpayer does not qualify for Offer in Compromise, the taxpayer may be qualified for an Installment Agreement. In most cases, the IRS will require negotiations and our Tax Relief Specialists will work with you to reach a favorable resolution with the IRS. As with an Offer in Compromise, the IRS cannot levy against your property while your request for an Installment Agreement is being considered, while your agreement is in effect, for 30 days after request has been rejected, or for any period while an appeal of the rejection is being evaluated.
Most taxpayers contact the IRS to negotiate the payments themselves, but fail to realize that the payment amounts are at the discretion of the Revenue Officer. The officer uses only the information given to determine the amount you pay. If you do not have a strategy for negotiating an installment plan, your installment agreement payments could be higher than what you had wished to pay.
To qualify for a low Installment Agreement, CALL 1-310-476-6894.
In addition to negotiating a favorable Installment Agreement with the IRS, our Tax Relief Specialists will also help to eliminate tax penalties. The key to having a penalty removed is to show the IRS some “reasonable cause” for your failure to observe the tax law. Just some of the reasonable causes could include death or serious illness of taxpayer or immediate family, unavoidable absence of taxpayer, destruction of place of business or records, bad advice from previous tax professional, undue hardship that is medical related, including alcohol or drug abuse. With the proper method, most of IRS-imposed penalties are later canceled.
To eliminate your tax penalties, CALL 1-310-476-6894.
When the IRS files a lien against your property, they are making a legal claim to your property as security or payment for your tax debt. It is possible for a taxpayer to qualify to have the IRS withdraw a filed Notice of Federal Tax Lien. Please contact one of our Tax Relief Specialists at 1-310-476-6894 to see if you qualify.
A levy is a legal seizure of your property to satisfy a tax debt. According to the IRS, a lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt. The IRS may actually sell any type of real or personal property that you own. As with a tax lien, there are numerous ways for the IRS to release a levy. In fact, our Tax Relief Specialists will be able to release your levy immediately if you qualify.
One common way for the IRS to levy your assets is through wage garnishment. Taxpayers that are debilitated by a wage garnishment may contact Continental Tax Relief for resolution. We will immediately contact the IRS and work with them to release the wages from garnishment.
To release a levy or release wages from garnishment, CALL 1-310-476-6894.
The IRS requires that any past tax returns be filed before a taxpayer can qualify for tax relief. Our Tax Relief Specialists will help you file and prepare those unfiled returns.
To file your unfiled tax returns, CALL 1-310-476-6894.
According to the IRS, you may be relieved of responsibility of paying taxes, interest, and penalties if your spouse or former spouse improperly reported items or omitted items on your tax return. The IRS has made it easier through the years to favor the innocent spouse and allow penalty abatements. Our experienced Tax Relief Specialist will determine if you are qualified for Innocent Spouse relief.
To request Innocent Spouse relief, CALL 1-310-476-6894.
Every year millions of American taxpayers are sent IRS Collection Notifications that are left unanswered or have resulted in Liens, Wage Garnishments and Levies. If you have received such a notice, or simply owe back taxes, we can help.
Contact us today to speak directly with our tax professionals for a FREE and CONFIDENTIAL consultation.
We never “up-sell” and we never ask for “full payment” upfront.
We are rated A+ by the Better Business Bureau. This means the BBB has determined that we meet their highest standards.
Because our goal is to resolve your tax debt and to save you money, we will match the lowest fee quoted to you for tax resolution. The fee we charge is a one-time flat fee, broken down into flexible payment arrangements.
As a proud member of the NAEA, our in-house Enrolled Agents are federally licensed tax practitioners who specialize in taxation and also have unlimited rights to represent taxpayers before the IRS.
Immediately contact the IRS to halt any further collection actions.
Help you learn more about your rights as a taxpayer.
Identify the best tax resolution options for your case.
Explain fees involved.
The time it will take to complete each service.
Complete the resolution to its end.