Georgia Offer in Compromise

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Georgia Tax Debt Relief The Georgia Department of Revenue allows taxpayers to settle a tax liability for less than the total amount owed.   This is called an offer in compromise and is one of the more popular tax debt relief programs in Georgia.   A similar program is offer by the IRS. What is an Offer […]

Statute of Limitations and IRS Tax Relief Programs

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The statute of limitations gives the IRS up to 10 years to collect a tax.   Once the 10-year period expires, the tax is no longer enforceable and it simply goes away.  This is great news for the taxpayer who is under a mountain of tax debts.   The end is always in sight. The Basics The […]

IRS Negotiation: The First Step

Form 1040

IRS negotiation is a fundamental part of our tax practice.  Typically, negotiation is required when the taxpayer owes taxes, penalties and interest to the IRS that they cannot afford to pay.   This problem can be for one year or for multiple years.  The debt may result from personal income taxes, business income taxes or unpaid […]

IRS Tax Relief in 2021

Deadline for filing your taxes

IRS Payment Plans, Tax Liens, Tax Transcripts and More:  Navigating the Tax Relief Maze. IRS tax relief includes more than just resolving back taxes.  It includes filing missing returns, reconstructing accounting records, interpreting the statute of limitations, analyzing arcane IRS transcripts and the pain and embarrassment of dealing with the IRS.  Which way should you […]

IRS Offer-in-Compromise

Making a Deal with the IRS. We assist clients of our Atlanta CPA firm with the IRS Offer-in-Compromise program.  An Offer-in-Compromise means that the IRS will accept less than the total amount of tax owed by the taxpayer to settle their tax debt. At its most basic, the Offer-in-Compromise program is a formula.  An offer […]