Tax Resolution Services for Business & Individuals

There are lots of tax resolution options for businesses and individuals – but the best option depends on your unique situation. Whether you’re an individual struggling to deal with increasingly urgent IRS notices or a business facing mounting payroll or sales tax debt, getting the right support matters.

At 20/20 Tax Resolution, we’re focused on delivering customized tax resolution services to individuals and businesses throughout the country. Our approach includes strategic negotiation, proactive protection, and long-term compliance for the peace of mind and financial stability you deserve. Call our team at 1-877-369-5420 to schedule a consultation now.

What is Tax Resolution?

Tax resolution is the process of resolving outstanding tax debt and unfiled tax returns with the IRS or state tax agencies. It includes:

  • Filing back tax returns
  • Negotiating payment plans or settlements
  • Structuring payment options based on your financial situation
  • Protecting you from enforcement actions
  • Appealing unfavorable IRS decisions
  • Setting you up for ongoing compliance with tax obligations

That’s not an exhaustive list. We provide additional services as needed. There’s no one-size-fits-all solution to tax problems, and working with our experienced team ensures you find the best resolution possible for your tax problems.

Tax resolution services include direct representation. Having a licensed tax professional advocating for you before the IRS and your state tax agency can mitigate the stress you experience throughout this process.

You’re in the Right Place If You’re Facing

Wondering if you even need tax resolution services? You can benefit from our help if you’re dealing with:

  • Back taxes you are unable to pay in full
  • IRS or state tax agency notices
  • Bank levies or wage garnishments
  • Federal or state tax liens
  • Payroll tax or other tax problems putting your business at risk
  • Contact from an IRS revenue officer
  • Growing tax balances
  • Years of unfiled tax returns

Whether you need assistance with business or individual tax problems, taking the first step is easy. Just contact our team to discuss your options for tax resolution. During the consultation, we’ll give you an overview of how we can help. If you hire us, we’ll dive into your case and find the best strategy for your situation.

How Tax Problems Escalate

Tax issues don’t just appear overnight. They may begin with the IRS sending you a balance due notice or a notice that you haven’t filed your tax return. In both cases, you may not hear from the IRS right away, but once you do, the notices will get increasingly urgent.

If you have unfiled returns, you’ll get requests to file, and eventually, if you don’t take action, the agency will use a substitute for return to assess tax against you. If you owe, you may receive a series of automated IRS notices, have a lien placed on your assets, and eventually face levy actions. This may result in the IRS seizing funds from your bank account, garnishing your wages, or seizing other assets.

To prevent matters from escalating, you need our tax resolution services as soon as possible.

How 20/20 Tax Resolution Helps

Resolving tax debt requires a clear, strategic process built on experience and an in-depth understanding of tax law. At 20/20 Tax Resolution, we follow a proven process to find the right solution for your tax needs:

  • Thorough case evaluation and IRS transcript review
  • Detailed financial analysis
  • Exploration of tax resolution options
  • Negotiation with the IRS and state tax agencies
  • Development of agreements that are sustainable and compliant
  • Ongoing support to set you up for long-term compliance

We’re not just here to get your request for IRS tax relief help approved. We’re here to ensure that the relief option you choose is practical and sustainable for your needs.

Our Core Tax Resolution Services

We assist taxpayers with a wide range of tax resolution services.

Payment Plans/Installment Agreements

  • Monthly repayment plans based on your financial situation.
  • Simple payment plans for qualifying taxpayers.
  • Strategic submissions of financial disclosures as required.
  • Business payment plans for business tax debt, including payroll tax liabilities.

Oferta de compromiso

  • Settle tax debt for less than the full balance.
  • Full assistance with financial disclosures and applications.
  • Offer based on income, assets, debts, and overall ability to pay.
  • Comprehensive review to assess eligibility before applying.
  • Strategic negotiation to leverage the IRS’s financial standards to your advantage.

Reducción de sanciones

  • Automatic first-time penalty abatement for qualifying taxpayers.
  • Reasonable cause relief from penalties.
  • Reduce overall tax liability and slow interest accrual.

Alivio de impuestos

  • Protect bank accounts, wages, business receivables, and other assets
  • Prevent levies or stop an in-progress levy

Tax Lien Help

  • Relief options include lien subordination, withdrawal, and release
  • May allow you to refinance or sell assets to pay down tax debt
  • Minimize effects on your business operations

Business and Payroll Tax Resolution

  • Resolution of payroll and other business tax liabilities.
  • Representation in cases involving revenue officers.
  • Mitigation of trust fund penalty exposure.
  • Maintaining business continuity.

Reducción de impuestos estatales

  • Representation before state tax agencies.
  • State-level lien and levy resolution.
  • Negotiation of payment options.
  • Guidance for businesses and individuals.

Apelaciones

  • Representation in Collection Due Process hearings.
  • Help with the Collection Appeals Process (CAP).
  • Dispute incorrect tax assessments.
  • Navigate administrative appeals.

Alivio para cónyuges inocentes

  • Separation of liability in qualifying situations
  • Protection from joint tax debt resulting from issues you did not know about
  • Evaluation of eligibility and documentation support

Each of these services addresses a specific type of tax issue. By discussing your case with you and doing a full evaluation of your tax situation, we’ll help you find the ideal solution for your tax case.

For Business Owners: Specialized Representation

Business tax issues often have higher stakes and greater urgency. This is particularly true for payroll tax liabilities. Payroll tax debt can trigger aggressive enforcement actions, including revenue officer assignment, business bank levies, accounts receivable levies, and even personal liability.

Without proper handling and management, these issues can threaten your business’s daily operations and your personal finances. We focus on stabilizing your tax situation while working towards a business tax resolution that keeps your business running.

For Individuals: Stabilizing Your Financial Future

Tax problems can feel overwhelming for individuals, especially when each notice you receive shows that interest and penalties are continuing to increase your tax bill. Our goal with tax resolution is to stop or prevent enforcement actions, reduce penalties when possible, and create manageable payment arrangements that set you up for financial success.

Why Strategic Representation Matters

Tax resolutions can be difficult to navigate, with each program having its own requirements and limitations. Without representation from an experienced tax professional, you risk:

  • Losing out on opportunities to reduce your liability
  • Entering into an agreement you cannot afford
  • Enforcement actions may continue or escalate
  • Your case taking longer to resolve, resulting in more spent on penalties and interest

Professional representation allows for proper evaluation, comparison of resolution options, and a strategic approach to the application process.

Proven Results: Real Client Experiences

We’ve helped clients negotiate tax solutions across the country. Learn about some of our client successes:

    • Our Arkansas client owed over $200,000 to the IRS. We worked with the IRS to set up a payment plan that costs the client just $750 per month.
    • When they came to us, our California client owed the IRS more than $131,000. We helped them navigate the offer in compromise application process, and ultimately, they settled their tax debt for just $1,000.
    • Our Illinois client had more than $4,000 in tax debt, over $1,200 of which came from penalties alone. We negotiated to have their penalties waived.

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Preguntas frecuentes

What is the best way to resolve IRS tax debt?

The best solution depends on your financial situation, as well as the age and amount of your tax debt. Options include payment plans, offers in compromise, and currently not collectible status.

Can the IRS seize my bank account or wages?

Yes, the IRS has the legal authority to issue bank account levies and wage garnishments. You may be able to stop or prevent these actions with prompt intervention.

How do I know which resolution options I qualify for?

Eligibility depends on your income, expenses, assets, liabilities, compliance status, and tax debt. While you can look into the requirements for each resolution option on your own, you can also work with a tax professional who can find the right options for you.

Can businesses negotiate payment plans with the IRS?

Yes. Business taxpayers can establish installment agreements and pursue other resolution options with the IRS.

Do penalties continue to accrue while negotiating a payment option?

Typically, penalties and interest both continue to accrue until the balance is resolved or paid off.

Do I need professional representation to deal with the IRS?

While you may be able to resolve some tax issues on your own, complex tax issues or problems you don’t know how to address often warrant professional assistance.

Get a Clear Path Forward—We’re Here to Help

If you’re dealing with tax debt and you don’t know how to get the situation under control, we’re here to help you better understand your options and choose the right strategy for your situation. Schedule your confidential consultation now. Just call us at 1-877-369-5420 or contact us online to set up a consultation now.

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