Are you overwhelmed with tax issues that just keep getting worse? Are your IRS problems causing you stress and anxiety? If so, it’s time to call in the experienced and knowledgeable tax consultants at Childs Tax. For more than 35+ years, we’ve been bringing tax relief to individuals and businesses around the country, and we’re ready to put our expertise to work for you. Call today for a free consultation, either in person or on the phone, and to learn more about what our tax resolution services can do for you!
Our team consists of professional tax consultants who have the knowledge, training, and experience to resolve your tax problems. We’re committed to results-oriented tax resolution service for every client, and we can provide expert tax help to you if you’re dealing with any of the following issues:
Liens & Levies
When you owe a large amount in back taxes, the IRS can impose a lien or levy on your property to cover the debt. A lien, which represents a hold placed on your assets, can adversely impact your credit and your ability to secure loans. A levy refers to the impending seizure of your real estate, vehicles, bank accounts, or other assets. Both liens and levies are serious tax issues and require the assistance of a seasoned CPA or other qualified tax professional to effectively appeal them. At Childs Tax, our tax consultants are authorized to negotiate directly with the IRS on your behalf. We’ll find a mutually satisfactory tax settlement that enables you to satisfy your debt with the IRS. We can get bank accounts released as quickly as 24 hours.
Offer In Compromise
Do you have a financial hardship or live check to check? If the amount you owe in taxes exceeds what you’re able to pay within a reasonable period of time, you might be eligible for an Offer in Compromise. This form of tax debt relief involves reaching an agreement with the IRS to substantially reduce your outstanding tax liability. Childs Tax will determine if you’re a good candidate for an Offer in Compromise and advise you on the best course of action. If you’re eligible for this form of tax resolution, we’ll work with you to pursue this strategy and get your tax problems resolved.
Sometimes the best form of tax relief is simply the ability to spread out a large debt into smaller, more manageable payments. At Childs Tax, we know what it takes to provide you with effective IRS assistance. Our objective is to negotiate a realistic installment agreement on your behalf to make it possible for you to settle your tax debt without incurring financial hardship. Depending on your specific financial circumstances, we’ll negotiate a monthly amount that will help you pay off your tax debt in a fair and reasonable way.
The IRS imposes steep fines and interest charges for failing to file and pay your taxes on time, and those penalties can cause your tax bill to skyrocket. However, if your tardiness was due to extenuating circumstances, such as a death in the family or a house fire or flood, you may be eligible for a tax settlement known as penalty abatement. Under those circumstances, the late fees imposed on you are decreased or completely waived. Our experienced tax consultants at Childs Tax can help you secure penalty abatement or another form of tax relief or settlement. We can even work to combine a penalty abatement strategy with an installment agreement to help shrink you IRS problems even further. Call our office today to discuss the available options.
Innocent Spouse Relief Claims
When you file taxes jointly with a spouse, you’re agreeing to share responsibility for your tax liability. Unfortunately, that means if your spouse has a tax problem, it can become your burden as well—even if you’re no longer married. If your refund has been taken or you receive a bill for something your spouse accrued such as back taxes, errors or omissions, or related penalties, we can help! Call Childs Tax today. We include innocent spouse relief among our tax resolution services and can help you secure the advantages you’re entitled under the provisions of this program.
Stopping Wage Garnishment
The government can legally deduct money from your paychecks to cover the tax debt you owe. While this may seem to some like an easy way to pay back taxes without having to worry about monthly payments, wage garnishment can result in severe financial hardship. If you need IRS assistance to stop wage garnishment, Childs Tax has the expertise to resolve this problem. Our tax debt relief assistance can enable you to pay only what you can afford, without enduring the debilitating effects of wage garnishment.
Tax Settlement Negotiations
At Childs Tax, our tax consultants have the ability stop a government action, eliminate burdensome fees, spread out your payments, or solve any other tax problem, our IRS negotiators will work hard to produce the results you’re looking for. Tax settlements aren’t always easy to secure, which is why you need a seasoned tax consultant to customize a specific tax resolution plan for your situation. Childs Tax is the firm that can effectively represent your interests before the IRS now and in the future. Contact us for a free consultation—either over the phone or in person.
tax audits & reviews
IRS taxation processes are becoming more aggressive to reduce fraud. New processes have been introduced to ensure information can be verified prior to releasing refunds and reducing tax liability. Childs Tax understands the processes to resolve audits and clear reviews to give you relief.
Audits can be time sensitive. It is important to have someone to represent you during these stressful times. If you are not aware of tax codes and laws, you will pay more than your actual tax liability. We work very closely with our clients to clear audits, educate on how to prevent them, and retrieving any money you are entitled to. If you’ve been notified by the IRS, do not ignore their notices, let us help.
Tax reviews are being enforced more than ever. It is not considered an audit but it is the first step in verifying your tax return was submitted accurately. Many tax credits such as Earned Income, Child Tax, Healthcare (Marketplace), and the Educational tax credits will cause a review. This can delay your refund for weeks, even months. Childs Tax can get you your money quickly and clear concerns.
Dependent being claimed on your tax return can make a huge difference on reducing tax liability. There are processes to verify dependents especially if they have been claimed fraudulently by a third party. We are able to resolve these issues within a few weeks.
Childs Tax specializes in itemization. We want to make sure liability is minimal. This is not always an easy task. We take pride in educating our clients on deductions that are applicable to your current tax scenario. Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.
Here’s what you get…
- Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
- Your tax return can be filed electronically so you will get a refund back quicker.
- Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months?
- We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability
Did you forget to report income or feel your taxes need a second look? Amendments must be completed within 3 years of the current tax year or you lose the right to make corrections.
Are you tired of always owing the IRS? Let US help you avoid owing the IRS with Tax Planning.
Tax Planning provides a strategy of payments that will allow you to avoid large bills and pre-planned payments prior to your tax filing due date.
We assist with W-2 and retirement withholdings as well as strategy of charitable contributions, depreciation, and other tax credits that may be applicable to you.