Tax Relief Solutions
If you're experiencing tax problems, PADRO & Company, PA can find a permanent solution that will stop the intimidating letters and phone calls from the IRS. Our tax professionals have a wealth of experience and insight on IRS tax relief alternatives and we'll put that knowledge to work for you. We'll identify the right strategy to resolve your IRS problems and will execute a plan of action to reduce and pay off your tax debt so you can make a fresh start. Call us now at 305-444-8800 or request a consultation through our website to get the tax help you need from a tax accountant you can trust.
Offer in Compromise
An Offer in Compromise (OIC) is an out of court agreement between a taxpayer and the IRS to resolve a tax debt. It is a nice option for those who qualify because it allows the taxpayer to settle their tax debt for less than what is owed. Not everyone qualifies for an Offer in Compromise so it is really important that you work with a qualified tax professional that can help you determine if your situation qualifies for this program.
Installment Agreement
When you cannot afford to pay your tax debt immediately, we can help you negotiate an Installment Agreement with the IRS. This type of payment plan option is good those who cannot afford a lump sum payment to cover their tax debt.
Penalty Abatement
When you fail to pay your taxes on time, you can incur very heavy penalties and interest. For many people, the penalties and interest can add so much to the tax debt that it makes it very difficult to resolve tax debt. If you are in this situation, contact us immediately. We have experience representing clients before the IRS to show reasonable cause and have the penalties and interest waived. It is possible to have penalties and interest removed.
Currently Not Collectible Status
If your account is placed into a Currently Not Collectible status, that means that you are protected from collection efforts by the IRS and your account is removed from an active collection status. Obviously there are strict guidelines governing a Currently not Collectible status. We can help you determine if you qualify for this status so that the IRS will not pursue collection on your account as long as your financial situation does not change.