Known Facts and Strategies for IRS Debt

Compliance

"Formula for Compliance". Before you can submit any tax resolution to the IRS, you must be in Compliance with the IRS.

  1. Filed all tax returns due to date.
  2. Made all payroll tax deposits (for business owners with employees)
  3. Adequate income tax withholding for W-2 wage earners or all required estimated tax payments for self-employed tax payers.
  4. Generally, the last six years of income tax returns must be filed. 
  5. Completed Form 656 fully and accurately
  6. Completed Form 433-A (OIC) and or 433-B (OIC) fully and accurately. 
  7. Responded timely to all of the IRS's request for information

IRS Compliance: If you cannot furnish the necessary records to prepare your taxes, Crossroads Business Connection Consulting has developed methods, in accordance with IRS regulations, for completing the preparation of tax returns to get them filed right away.

Tax Resolution

"When Will You Get to Your Tax Resolution". The process to start resolving IRS debt problems on a permanent basis. One of the four major types of resolution regarding IRS collection cases are used.

  1. Offer in Compromise
  2. Installment Agreement 
  3. Currently Not Collectable
  4. Penalty Abatement (request for removal of penalties)

Many of our clients who retain our tax relief services are interested in knowing two things: 1) Can you settle this for less than I owe; and 2) How long will this take?

#1 Answer: Yes we have been very successful at settling cases for less than the amount owed, but this is totally at the IRS discretion, all cases are different, we offer no guarantees. 

#2 Answer: Upon retaining our firm to resolve your tax issue, some of the relief will be immediate and some will be overtime. It is important to keep in mind that IRS problems didn’t come about overnight and will take time to resolve. The good news is that generally you won’t have to meet or speak with the IRS while we are representing you. For example; an average Offer in Compromise (OIC) case can take anywhere from 6-12 months (or longer) depending on the amount of tax liability owed, the complexity of the case, and your individual facts and circumstances

Free Consultation Offer:

What you can expect; the first step is to schedule a call for your no obligation free consultation. At this meeting, an experienced tax resolution consultant will evaluate your situation and discuss all available options for resolving your matter. This generally takes about 30-45 minutes; however, there are times where the information provided at this meeting is not sufficient to determine a course of action. It is advised therefore to have all recent notices and correspondence from the IRS available during our first telephone consultation. The first step after the consultation is to hire us to obtain your IRS transcripts and Record of Account so we can best evaluate all your alternative settlement options.

We will file a Power of Attorney (POA) Form 2848 with the IRS. This will provide you with immediate relief because We will attempt to get a collection hold (no enforced collection) on your account and from this point forward, the IRS will be required to contact us instead of you. If an IRS representative should happen to contact you, all you need to do is provide our contact information, including phone number, and politely request that he or she contact Crossroads Business Connection Consulting directly. A separate POA Form 3520-PIT or Form 3520-BE (example for CA only) will be required for any State Tax problem you have retained us for as well.


1. Your (the Client’s) Responsibilities: Clients who achieve successful resolution of their matters have the following traits in common: They view the relationship with us as a collaborative one. They view this as a “project” that requires cooperation. They follow through, on a TIMELY basis, with our requests for information and documentation. Clients who achieve stated resolution goals return our phone calls and emails timely and stay in contact with us throughout the duration of their case.

2. Tax Settlement Negotiation: We will propose a plan of resolution to the IRS that you can live with and see through to acceptance. We have an excellent IRS settlement track record rate and pride ourselves in obtaining the best (lowest) settlement for you under the law. It is rare, however, that a proposal is accepted right away. Through diligence, persistence, and follow-up, our knowledgeable staff will monitor, provide additional information to the IRS as needed, and negotiate your proposed resolution until a resolution is achieved.

3. Tax Resolution is Reached: We will review the final resolution of your case by the IRS to make sure it is as agreed upon. If not, we will insist that it be changed to reflect what was agreed to. If the IRS is unwilling to do this, we will advise you as to what your options are for the next step. Finally, you will be advised on what you must do to succeed with your resolution and avoid future tax problems.