Tax problems? Get relief.
Each year, millions of taxpayers receive letters or notices from the IRS. While often harmless, there are cases that require attention, like owing back taxes or neglecting to file. If the IRS is seeking payment, it may resort to measures like wage garnishment, liens, or bank levies.
We cover almost all tax issues.
Non-Filed Tax Returns
If you've fallen behind on filing your tax returns, you're not alone. Life changes or overwhelming circumstances can lead to this situation, but inaction only exacerbates it. The IRS estimates that over a million taxpayers face this issue each year. No matter your filing status or situation, we're here to assist you. Our services include reconstructing lost records, preparing and submitting overdue returns, negotiating with the IRS, and exploring options like Offers in Compromise and Installment Agreements.
Back Taxes Owed
You have filed your returns but didn't have the money to pay what was owed. You may think, "Oh well, I will catch up next year." Before you know it, you find yourself several years in arrears and suddenly there is a notice from the IRS, stating that you owe three or four times the original amount.
Tax Liens and Levies
When taxes go unpaid, the IRS can place a lien or levy on all your assets, putting them at risk of being seized, especially real estate. This means the IRS has the legal authority to collect taxes from the sale of your possessions, essentially jeopardizing everything you own. This lien can extend to you, your spouse, or your company, potentially freezing your accounts receivables. It's a critical situation, as your assets are just one step away from becoming government property.
If you don't meet the criteria for the IRS Offer in Compromise program, a Payment Plan can be a highly effective solution for your tax issue. It grants you the flexibility to gradually settle your tax debts, offering some breathing room.
Offers in Compromise
Discover an incredible opportunity to resolve your IRS debt through the Offer in Compromise program. This initiative allows taxpayers to potentially settle for less than the full owed amount, especially for incorrectly assessed or unaffordable liabilities. You could potentially wipe out all taxes, along with penalties and interest, at a significant discount.
Facing an IRS Notice of Intent to Levy can lead to a dire financial situation. Imagine opening your paycheck only to find most of it taken by the IRS, leaving you struggling to cover rent, bills, and essentials. This cycle continues until the tax debt is settled in full, putting you in a tough spot. Pleading with your employer won't help, as they're legally bound to comply with the wage garnishment.
Innocent Spouse Relief
Unlock a lifeline for escaping tax debt caused by your spouse's wrongdoing. Innocent Spouse Relief is a powerful remedy crafted to liberate individuals trapped in situations where they were unfairly targeted by a spouse or ex-spouse's fraudulent actions. This opportunity ensures you won't be held responsible for their misdeeds, providing the relief and financial freedom you rightfully deserve.
Payroll or Sales Tax Issues
Failing to pay payroll or sales taxes is considered a serious offense by the IRS, as it involves withholding money from your employees or withholding money your customers paid you. This negligence can lead to steep penalties that escalate rapidly. It's crucial to engage a knowledgeable representative who understands IRS procedures to safeguard your business.
Our Tax Relief Process
Schedule a call with an advisor online and get an overview of our services in just a few minutes.
We'll analyze every aspect of your case you can have confidence in the best outcome possible.
We'll review prior tax returns to look for any possible savings, so you're not paying any more tax than you have to.
We'll initiate your best outcome, whether Offer in Compromise, CNC Status, or an Installment Agreement.
Our experts will get you relief.
When people come to us, they often feel lost or discouraged. They've lived for so long in a constant state of stress and anxiety over their tax problems that they don't even remember life without the constant threat of the IRS hanging over their head. They want nothing more than to make the problem go away, but don't even know where to start.
But we do. At Moravia Advisors, we are problem solvers. We come to work every day eager to take on the tax troubles that plague our clients and transform their stress into relief. Our seasoned experts know the ins and outs of IRS processes, ensuring a seamless solution. Whether it's filing overdue returns, reducing tax debt, or negotiating penalties, we've got you covered. Say goodbye to endless calls with the IRS - we handle everything, allowing you to focus on what you do best, without the hassle of paperwork and bureaucracy.
Our answers to your questions
I received a notice for letter from the IRS.
Each year, millions of taxpayers receive letters or notices from the IRS. While often harmless, there are cases that require attention, like owing back taxes or neglecting to file. It's possible they could just be notifying you of delays in processing, or they could be requesting more information. But, if the IRS is seeking payment, it may resort to measures like wage garnishment, liens, or bank levies. Follow the instructions on the notice, and you have any questions, schedule a call with an advisor to review your notice or letter.
I owe the IRS but don't know how I'll be able to pay.
One option is the IRS Offer in Compromise program, a powerful opportunity to settle your tax debt for less than the full amount you owe. With expert guidance, it's possible to eliminate your taxes, along with penalties and interest, at a significant discount. There's no fixed minimum amount, especially when the offer is meticulously prepared. In fact, your debt may be resolved for just 5-15% of the current owed amount.
If the IRS Offer in Compromise program isn't an option for you, consider a Payment Plan as an alternative solution. This arrangement grants you extra time to settle your tax debts. While penalties and interest will persist on the remaining balance, it provides a structured approach to gradually pay off what you owe.
The best option for you will depend on your unique financial and tax situation, so feel free to schedule a call with an advisor.
I have tax returns that are past due.
If you've fallen behind on filing your tax returns, you're not alone. Life changes or overwhelming circumstances can lead to this situation, but inaction only exacerbates it. The IRS estimates that over a million taxpayers face this issue each year. No matter your filing status or situation, we're here to assist you. Our services include reconstructing lost records, preparing and submitting overdue returns, negotiating with the IRS, and exploring options like Offers in Compromise and Installment Agreements. It's never too late to address this, and you may even be entitled to a refund or have the opportunity to reduce your owed amount. Filing late is always better than not filing at all, so contact us today and we'll start to get everything straightened out for you.
How much do Moravia's tax relief services cost?
Our fees vary for this type of service since it is personalized to your tax issues. Expect our fees to be at least $1,500 once your tax issues are solved. This includes all the work we'll do to get your issue solved once and for all. (If we get a $5,000 tax bill forgiven, most would pay $1,500 to save $3,500.)