Tax Resolution Options In Colorado
If you owe back taxes, have significant IRS tax debt, or need other tax help, tax resolution is a way to mitigate the challenges you are facing. Whether you received a Notice of Intent to Levy or a Notice of Federal Lien, getting familiar with your options is critical. With the guidance of an adept tax resolution services attorney, you will be able to accurately survey your situation and come up with a viable plan of action to resolve it.
Depending on the circumstances, there are a number of ways to address your tax burden. These options include:
- Currently Not Collectible (CNC): This is when the IRS determines that your tax debt should be removed from active collections for a particular reason. Our firm seeks to help our clients who are unable to pay or going through hardship are able to qualify for CNC status.
- Installment Agreements: If you are unable to pay the entirety of your tax burden up front, the IRS may be willing to set up a formal installment agreement with you. In this situation, you have up to 72 months to repay what you owe, which includes penalties and interest. During this period, the IRS cannot levy you or garnish your wages.
- Offers in Compromise (OIC): An Offer in Compromise allows some taxpayers to settle their debts for a portion of what they owe. This is a complex process that calculates your earnings and other aspects of your financial situation.
From tax debt relief to penalty abatement, Leonard Parker, CPA P.C. has you covered for all of your tax resolution needs.
Are You Considering Your Tax Relief Options?
Facing financial difficulties related to your taxes can feel discouraging and overwhelming. Given the power that the IRS has over your financial situation, effectively resolving tax issues is best done with the oversight of a trusted professional.
The IRS tax attorneys at Leonard Parker, CPA P.C. are pleased to offer our expertise in these matters to our clients of Denver, CO, and beyond. Our firm’s top priority is to solve your tax problems – and we do so with proven legal strategies.
Everyone’s tax situation is different, that’s why we make a point to work with our clients one on one to construct tailored solutions as a team. Our aim is to help you lower your tax burden as much as possible, and you’ll have the best shot at this by working with a knowledgeable tax resolution lawyer at Leonard Parker, CPA P.C.
Leonard Parker, CPA P.C.: A Tax Resolution Law Firm Eager To Help
Our firm understands the stress and uncertainty that comes with tax challenges. That’s why we make it our mission to help our clients come up with sustainable solutions to their problems.
You don’t have to deal with your tax burden on your own. By working with Leonard Parker, CPA P.C., you can be sure that all aspects of your tax situation are meticulously considered and cared for. Our firm’s primary goal is to provide you with peace of mind when it comes to your tax burden.
No matter what your circumstances may be, Leonard Parker, CPA P.C. stands ready to get you back on your feet and help put your tax burden behind you.
To get started with an initial consultation, be sure to contact us today!