IRS & IRS Audits

Internal Revenue Service

State Audits

A State Audit is an examination of all financial records to verify accuracy and check for fraud.

Offer in Compromise

Delinquent Tax Returns & Penalty Abatement

Penalty Abatement is granted by the IRS, allowing a person or company a reduction of taxation. An abatement can include a tax decrease, reduction in penalties or rebate.

IRS Payment Plans & Installment Agreements

If someone is unable to pay taxes owed, he/she may qualify for an IRS Payment Plan. The plan may include an Installment Agreement that gives a person the ability to pay taxes owed over time while avoiding legal repercussions.

Payroll Tax

Payroll Tax usually falls under two categories, including deductions from an employee’s wages and taxes paid by the employer, based on employee’s wages.

IRS Bank Levies

IRS bank levies authorize the confiscation of a person’s property to satisfy a tax debt. Examples of levies include bank garnishments, the selling of vehicle(s), real estate property and any other personal property.

IRS Tax Liens

An IRS Tax Lien is put on property to secure tax payment. The lien can be imposed to ensure payment of delinquent taxes owed on real property or personal property or for failure to pay income taxes or other taxes.

Innocent Spouse Relief

Three types of tax liability relief exist. This relief is for spouses or former spouses who filed joint income tax returns. The three types are Innocent Spouse Relief, separation liability and equitable relief.

State Tax Issues

Unemployment Tax

Unemployment Tax is implemented under the Federal Unemployment Tax Act. The act requires all businesses to pay a tax for the purpose of collecting revenue that can be allocated to state unemployment agencies and paid to unemployed workers who are eligible to make that claim.