Tax Relief & Resolution Services

FILE BACK-YEARS TAXES

It can be both disturbing as well as daunting to have several years of unfiled tax returns. It doesn’t need to be. Without raising any “red flags,” we can acquire all of your tax records, causing IRS collection activity against you. Call us if you have back-taxes.
We make use of the IRS Tax Practitioner Unit. This IRS resource is open to tax professionals and is independent of the Collection Branch of the IRS. It means that without beginning Collection Action against you, we can obtain your records for filing all of your past tax returns.

What could happen if you’re on the Overdue Tax List?

There are several options for the IRS that they should obey.
They could file them for you if you didn’t file your returns, providing a Replacement for a Refund. This choice would grant you little deductions and will raise your tax liability in general.
They will issue liens and levies and garnish your income if your tax bill goes unpaid.
If it’s payroll taxes you owe, the punishment can be far more severe, including possible jail time.

At DHH Tax and Bookkeeping Services, we help people like you to get a handle on their delinquent taxes and get them paid. The sooner you’re out of debt, the happier you’ll be.
We’ll reach out to the IRS and any other pertinent tax authorities and work with them on your case. We’ll do everything we can to get a favorable resolution and help you get square with your delinquent taxes.

LIFT LIENS/LEVIES

Tax Liens:

If you have a remaining tax balance with the IRS or state tax agencies and you don’t pay the total by the due date, the government can place a lien on your property. A lien is a legal document that establishes the government’s right to your assets to satisfy your tax debt. It’s essential to deal with liens quickly. If they’re left unsatisfied, the government may move to levies, which translates their right to your property into active seizures.

Here at DHH Tax and Bookkeeping Services, we have spent years helping people settle their tax debts to make sure that the tax liens won’t impede their lives’ progress.

If you’re in this kind of situation, we can help you.

IRS Tax Levy:

If you’re having difficulty paying for your back taxes, it will escalate to a tax levy. This will allow the IRS to seize wages, real property, and bank account funds to fulfill your tax debt.

At DHH Tax and Bookkeeping Services, we understand the gravity of a levy situation. We will work swiftly to safeguard your wages and property while negotiating with the IRS to reach a fitting solution to your debt problem.

INNOCENT SPOUSE RELIEF

You can offer Innocent spouse relief when your present or previous spouse could not report income, improperly reported the revenue, or claimed credits and deductions improperly.

What Is Installment Plans:

According to the IRS, the Installment Plan, or what we usually know as a payment plan, is an agreement made by a business owner with the IRS to pay the tax they owe within an extended timeframe.

Requirements For You To Qualify As An Innocent Spouse:

According to the IRS, you must meet all of the following criteria to qualify as an innocent spouse;

  1. If you filed a joint return that may have an understatement of tax (deficiency) attributed to your spouse’s erroneous item.
  2. If you established when you signed the return, you are not aware that there was an understatement of tax.
  3. If, after considering all the information provided and circumstances, it would be unfair to hold you liable for tax understatement.

REMOVE WAGE GARNISHMENT

Having many years of unfiled tax returns can be unsettling, as well as intimidating. It doesn’t have to be. We can obtain all of your tax records without raising any “red flags,” triggering IRS Collection Activity against you. If you have back-taxes, call us. 

We utilize the Tax Practitioner Unit of the IRS. This resource of the IRS is available to tax practitioners and is Independent of the Collection Division of the IRS. It means we may obtain your records for filing all of your past tax returns, without starting Collection Action against you.

What Is Removal of Wage Garnishment

Wage garnishment is another form of a tax levy, though the seizure of assets from your paycheck is an ongoing process. Once they remove the levy on your wages through tax resolution, the wage garnishments will stop.

Wage garnishment functions as a form of a forced or involuntary installment plan. We can remove wage garnishment through tax resolution. We remove this by setting up a consistent and authorized installment plan. We can also set up an installment plan with payments that are less than the wage garnishment amounts. This form of tax resolution is quite common.

NEGOTIATE PENALTIES

What Is Negotiate Penalties:

In such a situation that the Internal Revenue Service or IRS has assessed a penalty against your company or business for noncompliance with tax rules, it is still possible for you to have these penalties reduced or eliminated. This process is what we call Negotiating Penalties or Penalty Abatement.

In Which Situations Do We Negotiate Penalties:

We may negotiate penalties in cases related to but not limited to the list below;

  1. If we were unable to deposit taxes.
  2. If we forgot to pay the penalty.
  3. If we did not file a tax return.

What type of Penalty Reliefs does the IRS provide?

The IRS provides three types of penalty reliefs;

  1. Reasonable Cause
  2. Administrative Waiver and First Time Penalty Abatement
  3. Statutory Exception

OFFER IN COMPROMISE

DHH Tax and Bookkeeping Services can help you settle an Offer in Compromise with the IRS.

What Is Offer In Compromise:

Offer in Compromise grants the taxpayer to pay their debt at a lesser amount than what they owed with the IRS.

Guidelines in Qualifying for an Offer in Compromise:

There are three factors that the IRS will take into consideration for you to be deemed eligible for an Offer in Compromise.

  1. Effective Tax Administration.
  2. Doubt as to Collectibility.
  3. Doubt as to Liability

Though an Offer in Compromise is one of the most misunderstood IRS Tax Relief programs, we can guide you every step of the way. From negotiating with the IRS until you have completed the IRS settlement, we will be with you throughout the process.

INSTALLMENT PLANS

For some time, financial issues remain one of the top contributors to stress in America. Thinking and worrying a lot about your finances can lead to problems on your physical and mental health, your work life, and, most of all, your relationship with your friends and families. No doubt, issues, and concerns related to taxes and the IRS can be a chip on your shoulder. But even though there is pressure, there are tax professionals who are ready to help you sort this pressure for you.

What Is Installment Plans:

According to the IRS, the Installment Plan, or what we usually know as a payment plan, is an agreement made by a business owner with the IRS to pay the tax they owe within an extended timeframe.

In Which Situations Do We Negotiate Penalties:

We may negotiate penalties in cases related to but not limited to the list below;

  1. If we were unable to deposit taxes.
  2. If we forgot to pay the penalty.
  3. If we did not file a tax return.

If you have unpaid tax debt, you need to know that several options are available for you.
One of these is the Installment Plan and Agreement with the IRS, which allows you to repay your balances over time.

What type of Installment Plans does the IRS provide?

The IRS has four different kinds of installment agreements.

  1. Guaranteed Installment Agreements
  2. Non-Disclosure Installment Agreement
  3. Streamlined Installment Agreements
  4. Partial Payment Installment Agreements

These options are designed for diverse levels of income and levels of debt. The IRS and your tax professionals will work with you to find the solution that’s tailored fit for you.