Under this program with the IRS, you are asking to settle the tax debt for less than what you currently owe. This is one of the best programs the IRS offers, however, it can be challenging to get qualified as there are many things the IRS will look at. THIS PROGRAM IS A FULL DISCLOSURE OF ALL YOUR INCOME, ASSETS, AND DEBT. There are pro's and con's to this program. Please make sure you fully understand what you are asking for before traveling down this road. ​

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• Cost to review client financials $250.00 (personal)​​

• ​Cost to review client financials $350.00 (personal / business) *if you own a business you will need to disclose all business income, assets, debt.

This fee covers our time on crunching the numbers and determining the odds of you getting an approval from the IRS. This fee is non - refundable.​​​

In some cases setting up a payment plan may be the best option or the only option for you. You may be able to set up a payment plan online using the IRS’s tool called OPA or online payment agreement. However, if you cannot set up a payment plan online or the payment plan is too high, then you have to call in a payment plan or submit a financial form called 433 A (wage earners & self employed). 

If you don’t want to sit on hold with the IRS waiting for an agent, then you can use a third party service like Tax Force, LLC to help you set one up. It is important to know how to manage the tax debt especially if you owe a lot of past due taxes.

When talking to the IRS it is important to remember that their goal is to collect as much of the tax debt as possible before the tax debt expires. Never agree to a payment plan you know you cannot make. This is when an experienced tax professional can help you get the best payment that is affordable for you. 

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• Cost to call / submit form 433 A $100.00 federal payment plans 

• Cost to call/ submit state payment plan $50.00​

If you are facing financial difficulties, the IRS will help you by placing you into a non collectible status or currently not collectible. All this means is they cannot collect a monthly installment payment from you due to financial hardship or other financial reasons. This status does not reduce nor wipe out the tax debt. It will temporarily protect you from IRS collections. 

If you owe more than $10k in back federal taxes, then a tax lien will automatically be placed on any asset you own such as real estate. 

Sometimes, you may be able to stay in this status if your income will not increase much over a period of time. For example: You may be on a fixed income like social security and retirement. However, you owe back taxes from older years prior to you going on social security. In this case based on when the tax debt expires, you could possibly stay in a non collectible status and wait for the tax debt to expire on its own. 

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• Cost to call/submit 433 A $150.00 federal 

• Cost to call/submit state (if available in your state), $50.00​​

Whether you hire a tax professional or you want to try to work with the IRS on your own. The first thing you need to do is verify the following: 

1. What collection status are you in? If you are receiving bills but have not received the intent to levy bills then you may have some time before the IRS takes enforceable action. 

2. How much do you owe for each year? You will want to know what the outstanding tax balances are for each year you owe. Especially, if you are going to be submitting an offer in compromise. 

3. When does the tax debt expire?  CSED dates - In order to manage the outstanding tax debt and the best way to resolve it is to know when the tax debt will expire. 

You can get most of this information from pulling the account transcripts from your online IRS.gov account. However, you may want to hire a tax professional to help you understand what this all means and how best to resolve or manage the tax debt. 

• Cost to pull account transcripts $25.00 and submit 8821 authorization online to the IRS. 

• Cost to call the IRS and get general tax information, collection status, CSED dates etc… $50.00 ​