With 2023 around the corner, we’re excited to celebrate the 15 year anniversary of Direct Tax Relief. Our Tax Resolution Specialists have solved thousands of cases and resolved tens of millions of dollars in tax debt.
Since 2014, Jay Soni has been an Enrolled Agent at Direct Tax Relief. As a federally licensed tax practitioner, he represents taxpayers with the IRS and various state tax agencies. He’s an expert involving issues related to collections, audits, and tax appeals.
Many taxpayers who owe back taxes to the Internal Revenue Service (IRS) will receive a notice of tax due and attempt to resolve the issue themselves. If you owe an amount less than $10,000 this makes sense. However, when the liability exceeds $10,000, it’s always a good idea to seek professional representation.
Our clients hire us for representation during different moments of their tax resolution cases. Some taxpayers have all their tax returns filed, but have tried for years to work out a resolution with the IRS without any success. Some find us here at Direct Tax Relief when they have several years of unfiled tax returns they need prepared. And there are those who went through an audit and then realized how serious the consequences are of not having professional representation and hired our firm to help after the fact.
If you have ever had a tax bill you couldn’t afford to pay, don’t be swayed by false ads promising “total IRS debt forgiveness.” In most cases, complete forgiveness of tax liability — except in the case of bankruptcy — is unlikely. But don’t think that you’re out of options just yet.
Tax debt can be scary. Nobody wants to owe the IRS money, but sometimes it happens. And if it does happen, you don’t have to face the IRS alone. Founded in 2008 by seasoned tax professionals with wide experience and top credentials, our expert tax professionals are dedicated to helping individuals and small businesses who owe more than $10,000 in back taxes.
. The IRS wants to collect its tax debt. And if you owe a large sum, they especially want to bring that money in. Sure, they aren’t paid on commission, but this is their job, and, probably like all of us, they are held to certain marks and standards.
An IRS penalty waiver does exactly what it sounds like – waives IRS penalties. For an individual filer, this procedure attacks failure-to-file or failure-to-pay penalties. For a business, these penalties also include those related to a failure to properly deposit payroll taxes. Pursuing this type of waiver is one step in the process of reducing or eliminating tax debt.
The Offshore Voluntary Disclosure Program (OVDP) is part of an Internal Revenue Service increasing effort to stop offshore tax evasion and guarantee tax compliance.
Many taxpayers that are new to self-employment don’t have the proper guidance from their accountant or CPA and incur a large tax liability when it’s time to file their tax return.
