Falling behind on tax filings can lead to a paralyzing cycle of debt and fear. Our Tax Compliance Services provide a safe, confidential path to resolution. We specialize in preparing multi-year delinquent returns and filing Penalty Abatement requests based on "reasonable cause."
For those with offshore interests, we guide you through Voluntary Disclosure and FBAR reporting to avoid life-altering fines. By utilizing attorney-client privilege, we ensure your history is protected while we work to restore your standing with the government and stop active collection efforts like wage garnishments and bank levies.
Thomas F. DiLullo, Esq., CPA
Understanding Tax Resolution
Tax resolution isn't just about negotiating with the IRS—it's about creating a comprehensive strategy to address your tax issues and set you on a path to compliance.
Holistic Approach
We don't just treat the symptoms; we address the root cause of your tax problems.
Customized Solutions
From installment agreements to offers in compromise, we tailor our approach to your specific circumstances.
Proactive Defense
We don't wait for the IRS to make a move; we anticipate and prepare for every possible scenario
IRS Fresh Start Program: A New Beginning
The IRS Fresh Start Program isn't just a catchy name—it's a genuine opportunity to wipe the slate clean and start anew. Our expertise in navigating this program can be your ticket to financial redemption.
Expanded Eligibility
Recent changes have made the program accessible to more taxpayers than ever before.
Penalty Relief
We'll help you explore options for reducing or eliminating penalties that have been weighing you down
Flexible Payment Options
From extended installment agreements to offers in compromise, we'll find the solution that fits your financial reality.
IRS Levy Release: Breaking the Chains of Seizure
An IRS levy can feel like a financial death sentence, but it doesn't have to be the end of the story. Our levy release strategies are designed to get your assets back in your hands where they belong.
Immediate Action
We understand the urgency of levy situations and act swiftly to protect your assets.
Negotiation Expertise
Our team knows how to speak the IRS's language, increasing your chances of a favorable outcome.
Alternative Solutions
Sometimes, the best defense against a levy is a good offense—we'll explore all options to resolve your tax debt.
Unfiled Tax Returns: Clearing the Backlog
Unfiled tax returns aren't just a nuisance—they're a ticking time bomb that can explode into severe penalties and legal troubles. Let us defuse the situation before it's too late.
Comprehensive Review
We'll comb through your financial history to ensure every return is accurate and complete.
Penalty Mitigation
Our strategies often result in reduced penalties for late filing, saving you money and stress.
Compliance Planning
We don't just fix the past; we set you up for a future of timely, accurate filings. Don't let tax problems define your financial future.
Frequently Asked Questions
What is the IRS Fresh Start Program?
The IRS Fresh Start Program is an initiative designed to help struggling taxpayers resolve their tax debts more easily and efficiently. It encompasses several relief options and streamlined processes to assist individuals and small businesses in regaining their financial footing.
Who is eligible for the Fresh Start Program?
Eligibility criteria include:
Owing no more than $50,000 in combined back taxes, interest, and penalties
Being current on all federal tax filings
For self-employed individuals: experiencing a 25% or greater reduction in business income due to economic conditions
For wage earners: being unemployed for at least 30 consecutive days during the tax year or up to the tax filing deadline
What are the main benefits of the Fresh Start Program?
Key benefits include:
Prevention or removal of tax liens
Reduction in penalties and interest
Extended payment timeframes
Access to streamlined installment agreements
Expanded eligibility for Offers in Compromise
How do I apply for the Fresh Start Program?
While there's no single application for the "Fresh Start Program," you can apply for specific tax relief options:
Determine your eligibility
Gather necessary financial documents
Contact the IRS or a tax professional to discuss your options
Submit the required forms for the specific relief option you're pursuing (e.g., Form 9465 for installment agreements or Form 656 for Offers in Compromise)
What payment options are available under the Fresh Start initiative?
The main payment options include:
Streamlined Installment Agreements (up to 72 months for amounts under $50,000)
Partial Pay Installment Agreements
Offers in Compromise
Will participating in the Fresh Start Program affect my credit score?
Participation can positively affect your credit score. When you resolve your tax debts, tax liens may be removed, which can improve your creditworthiness.
Is there a deadline to apply for Fresh Start benefits?
There is no specific deadline for the overall Fresh Start initiative. However, individual relief options may have their own timelines and requirements.
Can I still qualify if I owe more than $50,000 in taxes?
If you owe more than $50,000, you may need to pay down your balance to $50,000 or less to qualify for certain streamlined options. However, you might still be eligible for other relief options. It's best to consult with a tax professional or the IRS directly to explore your options.