Tax relief isn’t black and white. Everyone has their individual tax problems and stories to tell. We make sure to thoroughly assess each unique tax case before taking action. You are in good hands with Tower Tax Relief LLC!
Some taxpayers may not be able to fully pay off their tax debt. These taxpayers can opt for an Offer in Compromise, which is a formal agreement that can act to settle a taxpayer’s debt for less than the amount owed.
The IRS can still reject this offer if the process of an in depth financial interview is not carried out properly, or if the taxpayer is not in compliance with the IRS. We can conduct this process for you as well as review your case to ensure that your account is in compliance with the IRS.
We will be negotiating with the IRS on your behalf to settle your tax debt for the lowest amount possible.
Not everyone is lucky enough to have a source of income when the IRS comes knocking down their doors. A CNC is for people who have no means to pay their debt. Without any source of income, you can declare your debt as “currently not collectible”. We will be able to help you in qualifying for this option, once qualified all collection activities will be stopped.
Once your account is in CNC status, the government will typically stop coming after your assets with liens or levies, and won’t garnish your wages. However, this does not ensure that the government won’t come after you sooner or later.
Interest and penalties, for example, can continue to grow while in CNC status. On the other hand, the IRS typically won’t go after an asset if you don’t have 20 percent equity in it, or if the cost of seizing it is more than it’s worth.
A CNC status can only grant you a few months or years. They can still reopen your case at any time. This happens every few years or months, especially if you owe additional taxes, sell assets or increase your income. There is a ten-year Statute of Limitations for back taxes owed, after which the tax debt is forgiven.
When you qualify for this situation let us handle all the stress for you! Call us now and we’ll fight until you’re free of the IRS.
Often the taxpayer gets a monthly payment that is more than they can afford. If you are behind on your taxes, you may qualify for an IRS Installment Agreement. This agreement allows the taxpayer to make payments on their tax liability that are more manageable. This will also put an end to collection calls, tax levies, and garnishments.
Tower Tax Relief LLC can assist you in negotiating an agreement that doesn’t put such a strain on you and your family.
It’s easy for the government to take away any of your unprotected assets as payment for tax debt. Having tax liens can even affect your credit, this makes it tougher to get loans.
A tax lien allows the government to seize and lay legal claim on your assets and property if you don’t pay your tax debt.
We can help negotiate and settle with the IRS to get rid of the federal tax lien. Tax liens are structured by complicated federal laws, but even the IRS makes mistakes, so knowing your rights in fighting one is crucial.
IRS penalties are added on to your debt by the IRS without a reasonable cause. It’s a burden many Americans bear. If the taxpayer is able to provide a sensible reason, the IRS will abate, or decrease, its penalties.
Some of the reasonable causes are:
– A death in the family
– Natural disaster
– Illness
– Divorce
– Lengthy unemployment
– A mistake by the IRS
We can review your case and help show proof of at least three years of paying taxes on time beforehand to qualify. Our years of experience has given us high success rates with removing penalties.
You don’t have to pay for your ex’s mistakes. Many Americans file a joint tax return because of the several benefits it can provide for married couples, but it can, in some cases, cause problems.
To combat such issues where it would be unjust to hold a spouse accountable for the tax liability generated, the IRS created innocent spouse relief. It can relieve you of any liabilities and penalties associated with filing a joint return with your current or former spouse.
You need to know when the 10 year Collection Statute Expiration Date expires on your current tax liability. We can tell you this and contact the IRS to obtain and analyze your Individual Master File, Formal Transcripts, and Records of Account for the Years 2007 – 2017. If the analyses reflect that your IRS debt has expired due to the CSED expiring, we will apply for a Certificate of Release of the lien.
Tower Tax Relief LLC offers the following additional services:
Wage garnishment
Statute of limitations
Payroll tax negotiation
IRS notices
Bank Levy release
Trust Fund recovery
Unfiled Tax Returns
IRS state audits
Some taxpayers may not be able to fully pay off their tax debt. These taxpayers can opt for an Offer in Compromise, it is a formal agreement that can act to settle a taxpayer’s debt for less than the amount owed.
The IRS can still reject this offer if the process of an in depth financial interview is not carried out properly, or if the taxpayer is not in compliance with the IRS. We can conduct this process for you as well as review your case to ensure that your account is in compliance with the IRS.
We will be negotiating with the IRS on your behalf to settle your tax debt for the lowest amount possible.
Often the taxpayer gets a monthly payment that is more than they can afford. If you are behind on your taxes, you may qualify for an IRS Installment Agreement. This agreement allows the taxpayer to make payments on their tax liability that are more manageable. This will also put an end to collection calls, tax levies, and garnishments.
Tower Tax Relief LLC can assist you in reviewing your current income and allowable expenses to determine an IRS-approved monthly payment that doesn’t put so much strain on you and your family.
It’s easy for the government to take away any of your unprotected assets as payment for tax debt. Having tax liens can even affect your credit, this makes it tougher to get loans.
A tax lien allows the government to seize and lay legal claim on your assets and property if you don’t pay your tax debt.
We can help negotiate and settle with the IRS to get rid of the federal tax lien. Tax liens are structured by complicated federal laws, but even the IRS makes mistakes, so knowing your rights in fighting one is crucial.
IRS penalties are added on to your debt by the IRS without a reasonable cause. It’s a burden many Americans bear. If the taxpayer is able to provide a sensible reason, the IRS will abate, or decrease, its penalties.
Some of the reasonable causes are:
- A death in the family
- Natural disaster
- Illness
- Divorce
- Lengthy unemployment
- A mistake by the IRS
We can review your case and help show proof of at least three years of paying taxes on time beforehand to qualify. Our years of experience has given us high success rates with removing penalties.
Not everyone is lucky enough to have a source of income when the IRS comes knocking down their doors. A CNC is for people who have no means to pay their debt. Without any source of income, you can declare your debt as “currently not collectible”. We will be able to help you in qualifying for this option, once qualified all collection activities will be stopped.
Once your account is in CNC status, the government will typically stop coming after your assets with liens or levies, and won’t garnish your wages. However, this does not ensure that the government won’t come after you sooner or later.
Interest and penalties, for example, can continue to grow while in CNC status. On the other hand, the IRS typically won’t go after an asset if you don’t have 20 percent equity in it, or if the cost of seizing it is more than it’s worth.
A CNC status can only grant you a few months or years. They can still reopen your case at any time. This happens every few years or months, especially if you owe additional taxes, sell assets or increase your income. There is a ten-year Statute of Limitations for back taxes owed, after which the tax debt is forgiven.
When you qualify for this situation let us handle all the stress for you! Call us now and we’ll fight until you’re free of the IRS.
You don’t have to pay for your ex’s mistakes. Many Americans file a joint tax return because of the several benefits it can provide for married couples, but it can, in some cases, cause problems.
To combat such issues where it would be unjust to hold a spouse accountable for the tax liability generated, the IRS created innocent spouse relief. It can relieve you of any liabilities and penalties associated with filing a joint return with your current or former spouse.
You need to know when the 10 year Collection Statute Expiration Date expires on your current tax liability. We can tell you this and contact the IRS to obtain and analyze your Individual Master File, Formal Transcripts, and Records of Account for the Years 2007 – 2017. If the analyses reflect that your IRS debt has expired due to the CSED expiring, we will apply for a Certificate of Release of the lien.
Tower Tax Relief LLC offers the following additional services:
- Wage garnishment
- Statute of limitations
- Payroll tax negotiation
- IRS notices
- Bank Levy release
- Trust Fund recovery
- Unfiled Tax Returns
- IRS state audits
