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Tax Resolution

Relief Starts Here

Take Control of Your Tax Situation

Facing tax challenges can be overwhelming, but at Continental Tax Planners, we're here to help you navigate them with confidence. Our dedicated team offers personalized tax resolution services for both individuals and businesses, ensuring your unique needs are met with care and professionalism.

Common Tax Problems

  • Back Taxes
    Un-filed or unpaid taxes can result in penalties, interest, and IRS collection actions. We’ll work with you to file past-due returns and create a plan to resolve outstanding balances.

  • IRS Tax Audits
    Receiving an audit notice can be stressful. Our team will guide you through the process, ensuring accurate responses and advocating for the best possible outcome.

  • Wage Garnishment
    If the IRS is garnishing your wages, it can impact your financial stability. We negotiate with the IRS to stop wage garnishment and set up alternative payment solutions.

  • Tax Liens
    A tax lien can affect your credit and property ownership. We help businesses and individuals understand their options and work toward lien resolution.

  • Tax Levies
    IRS levies allow the government to seize assets to collect unpaid taxes. We intervene to stop levies and find practical solutions to settle your tax obligations.

  • Payroll Tax Problems
    Businesses struggling with payroll tax issues can face severe penalties. We provide solutions to help you stay compliant and address any outstanding tax debts.

Finding the Right Path Forward

Installment Agreement

If paying your tax debt in full isn’t feasible, an Installment Agreement allows you to make manageable monthly payments over time. We’ll work with you to set up a plan that fits your budget while keeping you in compliance with IRS and New York state tax laws. Our goal is to help you stay on track while minimizing financial strain.

Offers in Compromise

For those who qualify, an Offer in Compromise provides the opportunity to settle tax debt for less than the full amount owed. This process requires a detailed financial review and negotiation with the IRS, and we’ll guide you through every step to ensure the best possible outcome. If your financial situation makes full repayment unrealistic, this could be a valuable option.

Penalty Abatement

Tax penalties can quickly add up, making it even harder to manage your balance. With Penalty Abatement, we help you request reductions or eliminations of IRS penalties due to reasonable cause, such as illness, natural disasters, or unavoidable financial hardships. By demonstrating why penalties should be removed, we work to ease your financial burden and prevent additional stress.

Innocent Spouse Relief

If you’re facing tax liabilities due to errors or omissions made by a spouse or former spouse, Innocent Spouse Relief may allow you to be relieved of responsibility for those debts. We help you navigate the IRS qualifications and submit the necessary documentation, ensuring you’re not unfairly held responsible for someone else’s tax mistakes.

Currently Not Collectible

When financial hardship prevents you from paying your tax debt, the IRS may place your account under Currently Not Collectible status. This temporarily halts collection efforts, including wage garnishments and bank levies. We’ll help assess your situation, determine if you qualify, and handle the application process so you can focus on regaining financial stability.

Reduce IRS Penalties

If your tax situation has resulted in overwhelming penalties, we can help negotiate penalty reductions to lower the amount you owe. Many taxpayers don’t realize they may qualify for penalty relief based on their circumstances. We’ll review your case, present your situation to the IRS, and work toward a resolution that eases your financial burden.

HERE FOR YOU

Frequently Asked Questions

  • What should I do if I receive an IRS audit notice?

    Contact us immediately. We’ll guide you through the process, represent you during the audit, and work toward a fair resolution.

  • Can I settle my tax debt for less than I owe?

    Yes, through an Offer in Compromise if you meet specific criteria. We’ll evaluate your eligibility and manage the application process.

  • How can I stop wage garnishment?

    We negotiate with the IRS to halt wage garnishments and establish alternative payment arrangements that work for your situation.

  • How do I know if I qualify for Currently Not Collectible status?

    If paying your tax debt would cause significant financial hardship, you may qualify. We’ll assess your financial situation and help you apply.

  • What happens if I ignore my tax debt?

    Ignoring tax debt can lead to serious consequences, including penalties, interest, tax liens, and even levies. The sooner you address it, the more options you’ll have to reduce your financial burden.

  • Can the IRS take money directly from my bank account?

    Yes, through a tax levy, the IRS can freeze and seize funds from your bank account to cover unpaid taxes. If you’ve received a levy notice, contact us immediately—we can help negotiate a resolution before funds are taken.

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