Options for Resolution
A negative tax situation can happen unexpectedly. And, finding yourself in a tight position to pay can be stressful. You need a negotiator who is aggressive about preserving your rights with the IRS.
Certified Public Accountant, Sidney Goldin, has over 35 years’ experience working exclusively with IRS-related tax matters. His primary goal is to keep the IRS from taking enforcement action. He steps in to stabilize the situation and prevent asset levy whether property, bank accounts or wages. Sidney also works on your behalf to arrange tax payments that are manageable for you. He will take your case to the highest levels possible to resolve tax issues in your favor.
Who you choose for tax resolution is critical. Few can match the credentials of Sidney Goldin.
Here is a brief description of various collection alternatives that he will help you consider:
Offer in CompromiseIn some cases, the IRS will accept an Offer in Compromise for delinquent taxes. This means that you end up paying less than the original tax bill and remain in good standing. Three conditions determine the possibility of an Offer in Compromise:
- Doubt regarding liability – There is a legitimate question about whether the tax liability is correct.
- Doubt regarding collectability – The debtor can prove that the total tax assessed cannot be paid based on the taxpayers current financial condition.
- Special circumstances – The debtor is disabled, elderly or terminally ill which prevents the ability to pay.
For an Offer in Compromise, you need a professional who understands the system and negotiates favorable settlements every day – one who knows how to get you the best arrangement possible.
Installment Agreement
The IRS will work with you to pay the full amount over time, but having a negotiator working on your behalf will ensure that you strike the best payment plan. You will benefit by paying the full amount as quickly as possible to avoid late fees and penalties. Working with a professional will help ensure that the repayment is on your terms, as opposed to the IRS methods of bank account or wage garnishment.
Lien Release
When the IRS files a lien on property, your hands are tied with regard to the property. Sidney Goldin works on your behalf at the county level where the lien is filed. He strives to free the assets as soon as possible to prevent damage to your reputation and credit standing.
Levy Release
A levy happens when the IRS garnishes your assets. If you have assets levied – property, bank account, or wages – then you need representation in getting a release. As an individual, this is very difficult to do. However, hiring a professional who spends his days working out levy releases can give you the greatest opportunity of regaining financial liquidity.