Help with Federal and State Delinquent Taxes and IRS Tax Disputes
If you've received a letter from the IRS, you know it's rarely good news. More often than not, you received the letter because the IRS has determined that you owe them money.
Though you may think you can ignore the problem, you can't. It will only get worse as the IRS adds penalty on top of penalty, until you find yourself on the brink of financial ruin.
Tax problems can happen to the best of us. Sometimes it's because of a divorce, an incorrect 1099, failure to report gambling winnings or other income, or a misguided attempt to intentionally underreport your earnings. In a down economy, many people simply haven't had the money to pay their taxes in full, and haven't made payment arrangements with the IRS. For some people, procrastination can lead to years of failing to file tax returns.
But just because you received a notice (or a stack of them) doesn't mean the IRS is always correct; you have the right to appeal, and you CAN negotiate -- even if they are.
The IRS and the state of New Jersey make their fair share of mistakes, so getting skilled, professional assistance should be your first step. At Frank Kapitza & Associates, we are experts in forensic accounting, which means we can get to the root of the problem and recommend the most efficient way to solve your tax dilemma.
We also work with a team of ex-IRS agents, so we are able to negotiate with the IRS on your behalf if your situation requires it. In cases where the IRS accepts a negotiated settlement, your tax obligation will generally be substantially less than the amount the IRS was initially seeking.
Once your current tax problem is resolved, we want to make sure you don't repeat the mistakes that got you into trouble. We will give you specific advice and restructure your accounting procedures as necessary to keep you in compliance with our country's very complicated tax code.
Without a knowledgeable professional in your corner, the IRS will always win. The longer you wait to act, the more it will end up costing you. The IRS has the power to garnish your wages, put liens on your property, and generally make your life miserable. If you have a tax problem, call us today.
