Tax Relief Solutions

If you’re experiencing tax problems, don’t face the IRS alone. Tax notices can be confusing and intimidating phone calls from the IRS can cause unnecessary stress. When you contact Federal Tax Advocates, LLC, we can put a stop to the confusion and anxiety. We understand federal tax regulations and can apply that knowledge to find the right solution for you. Call us at 1-855-5FEDTAX (855-533-3829) today to learn more. now for tax relief in the South Florida, FL area.

Reducing Tax Liability

When a Substitute for Return is made, the IRS prepares a tax return based on the information they have. Such returns might not include deductions, expenses, credits, dependents and other items that individuals and/or self-employed might have. On the business side, payroll tax returns can be prepared based on an estimate of prior returns tax liability. Before full paying the amount that appears on a tax notice, an analysis is done to verify that the amount claimed by the IRS is accurate.In certain circumstances an Offer in Compromise could be an alternative.

Penalty Abatement

Call us now at 1-855-5FEDTAX (855-533-3829) today. If you meet the requirements for penalty abatement or can prove a mistake was made by the IRS, the penalties and interest you owe could be partially or completely cancelled. We can organize the necessary documentation, write a petition stating why your circumstances fall into one of the categories for penalty abatement, and submit your case to the IRS.

Offer in Compromise

An offer in compromise allows a taxpayer to resolve a tax debt by convincing the IRS to agree to accept less than the full amount owed. If you feel you shouldn’t be liable for the assessed amount of a tax bill or if you’re suffering from financial difficulties that are preventing you from paying your tax debt, an offer in compromise to the IRS might be the right solution for you.

Installment Agreement

If you’ve filed your tax return but are unable to pay your taxes owed all at once, you may qualify to pay the debt over time with an installment agreement (or IRS payment plan). We’ll work directly with the IRS to arrange a comfortable monthly payment that you can afford so as to eliminate your tax debt once and for all.

Currently Not Collectible

Taxpayers who are suffering a real financial hardship that’s making a tax burden overwhelming may qualify to have the debt declared “currently not collectible”. This status does not forgive the debt but temporarily prevents the IRS from issuing a wage garnishment, levy or other collection method to pay off the tax debt. We can determine if you qualify for this form of tax relief and can prepare and file the Form 433-F with the IRS for you.

Back Taxes and Tax Preparation

If you have unfiled tax returns mounting up you’re not alone. Missing paperwork, confusing tax forms and lack of funds causes many taxpayers to avoid filing their taxes. Get back on track this year by working with Federal Tax Advocates, LLC. We’ll tackle whatever obstacles are in the way and get your back taxes filed so you can start fresh.

Disclaimer We are CPA’s licensed in Puerto Rico working in Florida under the mobility rules (AICPA/NASBA) which allow licensed CPA’s to work outside their home state. The lawyers are allowed to practice by the IRS and are licensed in Puerto Rico.