Resolving Tax Issues With Ultimate Tax Relief

Author: Ultimate Tax Relief | | Categories: Bookkeeping , Tax Accountant , Tax Consultant

Blog by Ultimate Tax Relief

Having to deal with tax problems such as IRS notices, audits, and penalties can be stressful. And if you ignore them, they become even more stressful! Fortunately, there is a solution to every tax problem. All you have to do is stay calm and focused, and you’ll be able to defend a tax return from an audit or pay off a tax debt.

At Ultimate Tax Relief, we know dealing with tax issues can be messy, but we love helping people through it. We specialize in tax relief and have extensive experience in tax preparation and other tax-related concerns. Although to get the most out of our services, clients should understand the tax process.

So, to help clients fix their tax issues, we have created a short handbook about our immediate services, along with a few helpful tips. Read on to learn more about how we can help you.

Our top-rated tax relief steps:

1. Preparing back taxes
We will get all your wage and income transcripts from the IRS and state that is available to file your tax returns from past years.

2. Offer in Compromise
We will determine whether you qualify for an Offer in compromise. An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles a taxpayer’s tax liabilities for less than the full amount owed.

3. Installment plan
We can negotiate with the IRS to set up a properly structured monthly installment plan that fits your budget. This plan can be up to seventy-two months.

4. Currently not collectible
Currently, not collectible is a status the IRS gives to those who can’t afford to make payments on their tax debt. To qualify, your tax payments must cause significant hardship. This status isn’t permanent. It will be reviewed periodically, and if your situation changes, you may be required to start payments.

5. Innocent Spouse Relief
By requesting innocent spouse relief, you can be relieved of responsibility for paying tax, interest, and penalties if your spouse (or former spouse) improperly reported items or omitted items on your tax return.

What we need from you

- All documents requested should be delivered in a timely manner. The better organized your records are, the less time it will take us to process your taxes.

- It’s very important to fully disclose all financial information. Information withheld can have a negative impact on negotiation.

And lastly, the IRS has the final say in all matters.

Are you in over your head with the IRS? Then reach out to Ultimate Tax Relief. Founded by Bernell C. Ward, he has extensive experience working with individuals and businesses. He has been active in the industry for thirty years. His expertise covers accounting matters, bookkeeping, tax preparation, and other tax-related concerns. He has made his mark as a dependable and efficient professional who will go out of his way for his client’s satisfaction.

We work with clients across The Bronx, New York City, New York, Connecticut, and all over the United States.

Get in touch with us today!

To learn more about the services we offer, please click here. To get in touch with us, please click here or call us at (718) 367-6111 or email us at info@ultimatetax-relief.net



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