IRS
REPRESENTATION, EXAMINATIONS,
& RESOLUTIONS
Professional representation can be vital during an audit. Our experience with tax authorities and consulting enable us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries to rest. We are ready and willing to answer any questions the IRS may be asking of you.
There are many types of tax issues that we can resolve.
They include, but not limited to these types of IRS Tax relief:
IRS Penalties and Interest Removal
IRS Interest and Penalties Removal – arise from the Internal Revenue Service determining you have unpaid back taxes or you have made a late filing. At Pagano and Associates we know all of the updated laws and we can use them to your advantage to possibly have some penalties removed. We can help you to develop an IRS tax relief for your account.
IRS Notices and CP Letters
Once the IRS determine you owe back taxes, they will then begin to take collection actions. At Pagano and associates we know the proper way to respond to the IRS & State Agencies based on the letter you have received. We can take action to prevent collection issues on your behalf and protect you from bank levies, wage garnishment, property seizures and other forms of IRS Collection methods.
IRS Tax Lien
An IRS tax lien is another step the IRS takes toward actual forced collection of back taxes owed. A lien will significantly hurt your financial situation and future ability to take out loans or borrow on credit. Pagano and Associates can work for you to have these liens removed & help restore your credit rating which also helps your future employment opportunities.
Tax Levy
A tax levy is the strongest weapon of the IRS, this is when they will begin seizing any assets and property that they can legally take from you. Pagano and Associates can protect you from these actions.
IRS Currently Not Collectible CNC
An IRS Currently not Collectible status means that the IRS has determined that the amount owed to the IRS is not collectible at the present time. If a tax payer’s financial situation improves, the IRS will take the account off the CNC status and begin the collection process. Pagano and Associates can help you in securing your Currently not Collectible status and negotiate an interest and penalty removal.
IRS Wage Garnishment
IRS wage garnishment is one of the most common forms of levy used by the IRS. At Pagano and Associates we understand how a wage levy works and what laws can be used to release the levy
IRS Bank Levy
An IRS bank levy can be a financially devastating collection mechanism used by the IRS. At Pagano and Associates we understand how the process works and what can be done to stop the levy or prevent the IRS from using a bank levy again.
IRS Payment Plan
IRS payment plan is one of the most common forms of tax settlement used by the IRS. At Pagano and Associates we understand how a wage payment plan works and what laws can be used to release the levy. We can help get your IRS payment plan started.
IRS Offer in Compromise (OIC)
An IRS Offer in Compromise is offered by the IRS to settle your tax debt for less than the full amount owed. There are three major considerations for an IRS Offer in Compromise which will affect your outcome. If you qualify, your Offer in Compromise tax solution could be considerably less than you currently owe. Call us now to see if you qualify for the IRS Offer in Compromise Program.
Unfiled Tax Returns
Unfiled tax returns can lead to some of the biggest problems with the IRS. Pagano and Associates can file all types of past & present tax forms including personal, corporate, partnership, trust funds and non-profit returns.
IRS Audit
If you are one of the unlucky few that gets picked for an audit, you need a professional firm like Pagano and Associates to represent you. We understand what an audit is all about and will take the appropriate actions to protect you against additional taxation by the IRS & State Agencies.
Small Business Tax Problems
There are common problems small businesses face when it comes to dealing with the IRS. Every business owner should be aware of the common problems because the IRS can easily destroy any business. Pagano and Associates can represent you and your business against payroll issues, audits, bank levies, property seizures and other collection issues your business is facing. With a broad understanding of your tax situation, your business, your estate and your entire financial picture, is specially positioned to provide independent, objective wealth management advice experts that can provide you with the services you need, so managing your company’s financial operations doesn’t have to be another task on your to-do list.