Tax Resolution
Navigating Tax Resolution: Expert Guidance from Krus Tax Law
Tax resolution is the specialized process of resolving tax issues with the IRS or state authorities. Facing tax debt, unfiled returns, or audits is stressful, but professional legal assistance is crucial for a favorable outcome. Krus Tax Law provides expert representation to alleviate the complexity of these matters, ensuring your rights are protected while seeking the best resolution strategy tailored to your financial needs.
Key Strategy: Offers in Compromise (OIC)
An Offer in Compromise is a critical tool allowing taxpayers to resolve their liability with the IRS for a lesser, agreed-upon amount. This is suitable when a taxpayer cannot pay their full tax debt due to financial hardship. Krus Tax Law meticulously prepares the OIC, demonstrating why the offer accurately reflects the client's collection potential, potentially saving thousands and providing a fresh financial start.
Relief Measure: Installment Agreements
When a lump-sum payment is not feasible, an Installment Agreement provides a structured pathway to pay off tax debt over time through manageable monthly payments. Our legal team negotiates directly with tax authorities to establish terms that fit your budget, preventing aggressive collection actions like wage garnishments or bank levies. This measure offers peace of mind and financial predictability while fulfilling your obligations.
Protecting Assets: Stopping Wage Garnishments and Levies
The threat of IRS collection action, such as seizing assets or levying bank accounts and wages, requires immediate and decisive action. Krus Tax Law intervenes swiftly to halt these damaging measures. By establishing a formal resolution plan, we secure the immediate release of wage garnishments and levies, protecting your income and the integrity of your personal and business finances.
Compliance Focus: Addressing Unfiled Tax Returns
Failing to file tax returns compounds tax issues, leading to significant penalties and legal exposure. A core component of effective tax resolution involves achieving compliance by correctly preparing and filing all delinquent returns. Krus Tax Law guides clients through this crucial process, a prerequisite for qualifying for many other resolution options and successful negotiation.
Take Control of Your Tax Future
Don't let tax problems dictate your financial future. Krus Tax Law is committed to navigating the complexities of tax law on your behalf, providing the necessary expertise for effective tax resolution. Professional representation is your strongest defense against audits, collections, or unfiled returns. Contact Krus Tax Law today for a confidential consultation and secure your financial peace of mind.