When you call, our experts will help you select the tax services you need and from that, we will craft a plan for you to follow. Within the first 48 hours we will have a current snapshot of exactly what is owed and when. We then do the heavy lifting on our side, detail the steps of handling the issue as quickly as possible and walk you through the entire process.
Tax Preparation Services
Personal, Business, Quarterly, and Payroll Preparation
We keep it simple. We file all types of tax returns, at any time of the year. If you have more than two years of returns that need to be filed now, you can rely on us to take on the burden and get the job done!
Removal/Withdrawal of Tax Liens
For taxpayers who have satisfied their tax liability, you are able to apply for a lien withdrawal clearing off the derogatory mark the tax lien has caused on your credit score. Don’t wait on the IRS to take months to process your paperwork, expedite the process by being proactive and get results within as little as 3 weeks.
There are two main ways the government charges penalties for not paying your taxes on time. They are very expensive and add up quickly! These are the penalties you can expect if you haven’t filed and/or haven’t paid:
- Failure to file (FTF):The IRS charges a penalty for not filing on time of 5% of the unpaid tax for the first 5 months. This penalty maxes out at 25%.
- Failure to pay (FTP):The IRS charges a penalty for failing to pay your taxes on time. This penalty ranges from .5% to 1% per month until the taxes are paid.
The IRS considers releasing penalties for taxpayers that demonstrate financial hardship and reasonable cause. Let us help explain your side by preparing a personal story of what happened to stop you from meeting your tax obligations. Your story means everything. That’s why we want to ensure it’s heard.
Penalty abatements can be submitted for as low as $750.00.
Fresh Start Program
The IRS designed the Fresh Start Program to incentivize clients to pay their taxes and avoid a tax lien. We can make this easy with little effort on your part, If you meet the following requirements:
1.You have filed all tax returns.
2.Your Personal liability is below $50,000 or Business liability is below $25,000
3.You can full pay the amount owed within 72 months (6 years) or less.
4.You have a bank account, and will allow automatic withdrawals.
5.You may apply for a withdrawal of Notice of Federal Tax Lien before you pay your total liability.
Don’t worry about what documents to fill out. We negotiate and set up your Fresh Start Program within as little as 30 days! We guarantee a flat fee that starts as low as $595.00. Call us if you need help now.
*if your liability exceeds the thresholds outlined in line two and you cannot full pay within 120 days, you may be required to complete financials to complete your payment arrangement.
Formalized Installment Agreements
If your total tax burden is greater than $50,000 personally or $25,000 as a business, you’re required to fill out a financial statement to help determine how much you have to pay per month. The IRS has several Collections Information Statements to pick from and choosing which one to file isn’t always as easy as it seems. Some plans can benefit you, while others extend your pay off date with high penalties and interest. We can help negotiate a principal driven Installment Agreement that allows you to pay off your taxes in the shortest time possible while saving money. Let us make this easy! Find out which type of Installment Agreement is right for you by calling us today.
Partial Pay Installment Agreement
Since the IRS only has 10 years from the date of assessment to collect any outstanding tax due, you may be able to negotiate an Installment Agreement that does not fully pay the liability by the end of the statute. This is one of the most effective tools for taxpayers that are experiencing a financial hardship. Our number one priority is to make sure that you come first. Our dedicated team will negotiate the lowest Installment Agreement based on what you can afford, not the amount you owe.
Note: This program is only in effect with the IRS. State revenue departments do not offer this program. A different strategy is available per your state agency..
Currently Not Collectible
Let’s face it, life’s problems tend to happen at the worst times. A study done by Harvard University revealed the number one cause of bankruptcy was due to medical expenses of which 78% of applicants had medical insurance! The number two cause is job loss. If you were recently laid off or currently struggling to find steady income, this program is designed for you! We can help temporarily suspend your account within the collections division for a period of 6-12 months. Let us help buy you the time you need to get back on your feet.
(Study by Harvard, Investopedia, “Top 5 Reasons Why People Go Bankrupt”)
Collections Hold & Extensions
Oftentimes, the IRS will give you a deadline that doesn’t allow you the time to gather the necessary documentation to present your case. If necessary, RTG can negotiate an extension on your account, giving you more time to gather supporting documents and create a great resolution strategy.
If you are unable to settle your tax liability in a timely manner, the taxing authorities may impose a garnishment on wages or a levy in an attempt to collect. The IRS is allowed to collect on:
- Wages, real estate commissions, and other income
- Bank accounts
- Business assets
- Personal assets (including your car and home)
- Social Security benefits
If you are experiencing a levy, wage garnishment, or property seizure, your next move needs to count. Please call our tax experts now so that we may protect you before it’s too late.