Complicated, tedious, worrisome; these are just some of the words that come to mind when people think about filing their tax returns. However, thanks to the capable team at (ITS LLC) Internal Tax Service LLC, the tax process can be quite simple. This blog will give you an overview of the tax services we offer.
Tax Relief Solutions for Businesses and Individuals
Filing Back Taxes: Since filing your income tax returns can be quite troublesome most people prefer to consult an expert to get the job done. Filing your tax returns involves going over income and expenses, a process that can be quite tedious. A team of trained tax consultants at Internal Tax Service LLC will carefully go through all your financial data in order to understand your specific tax requirement. Once we identify your tax bracket, we make sure you file your returns correctly and minimize your back debt and any other penalties.
Tax Liens and Levies: If for whatever reason, you fail to pay your taxes within the given time, the Internal Revenue Service may penalize you. Taxpayers are given a federal tax lien when they neglect or refuse to pay the bills given by the IRS. The IRS also issues a levy that sizes the property of the taxpayer to satisfy the tax debt. Our tax experts will help you clear any tax liens or levies you may have against your name. You have the option of appealing the tax liens or levies, and ITS will help you do so.
Wage Garnishment: In addition to the tax liens and levies, the Internal Revenue Service also uses wage garnishment as a penalty for unpaid taxes. If you do not pay your taxes on time, the IRS will inform your employer to withhold some of your wages to satisfy the pending taxes. However, you do not have to worry because Internal Tax Service LLC has a team of qualified consultants who will help you work closely with the IRS so that you can pay back your taxes and end your wage garnishment.
Tax Settlement Options: It is worth noting that the IRS does not focus only on adding penalties and financial burdens on taxpayers. There are several tax benefits that you can avail of to reduce unnecessary expenses while filing your tax returns. The IRS allows you to file an Offer in Compromise (OIC) application in case you find it difficult to pay the full tax amount. Expert at ITS LLC will check if you are eligible for an offer in compromise and if so, will help you secure the maximum reduction in your tax liability.
IRS Audit Assistance :You should note that filing your returns is just the first step. After you complete your tax returns, the IRS will verify the data to make sure everything is in order. If there are any financial discrepancies, you will be under audit. However, there is no need to panic. Internal Tax Service LLC has years of experience helping many taxpayers overcome the audit process.