Release of Levystarts at $875

Tax liens and levies can be debilitating. If you’ve received a notice from the IRS or a state revenue agency threatening you with lien filings, bank levies, or wage garnishment,  we can quickly work with the revenue agency in question to minimize the risk of collection action being taken against you in the future.

If you’re already under a levy or wage garnishment we can work directly with the IRS to attempt to have the liens or levies removed, while negotiating a collection alternative that will afford you protection against such actions being taken again in the future.

Innocent Spouse Representationstarts at $1,750

Pursuant to Internal Revenue Code Section 6013(d)(3), married taxpayers who file a joint tax return are jointly and severally liable for the taxes stemming from the joint return, meaning each spouse is individually responsible for paying the entire amount due. Due to this provision, a spouse could be held liable for taxes and penalties that relate to items on a joint tax return that he or she had no knowledge about. Pursuant to IRC Section 6015, however, an innocent spouse may have three options for relief. If the tax liability is relieved under Section 6015, the related penalties and interest are also relieved.

Appeals RepresentationStarts at $275

Taxpayers can resolve disputes with the IRS without going to Tax Court through the IRS independent Office of Appeals, which offers an impartial forum wherein the Appeals Officer is precluded from siding with the auditor or collection agent in any dispute. We can help you navigate through this process to make sure you get the representation needed to resolve the issues with the IRS.

Payment Plans -ROstarts at $500

Depending on your specific tax issues or the amount of taxes that you owe, the IRS may assign your file to a Revenue Officer. If your file is assigned to a Revenue Officer, you will work with this person directly to resolve your taxes and establish an installment agreement. A Revenue Officer will require you to send them your financial information along with all of your supporting information. They may also require you to liquidate some of your assets to apply towards your tax debt before they will establish your installment agreement. A Revenue Officer has the ability to issue levies and seize your assets. They may also require you to set-up an installment agreement as a direct debit or place an ongoing levy on your wages if you have defaulted payment plans in the past. If a Revenue Officer is assigned to your file, you should seek representation immediately.

Audit representationStarts at $275

The IRS conducts over ten thousand audits a year. The audit process involves a review of the individual and/or business tax return(s) and supporting documents to confirm that information has been reported correctly and that the tax due is correct.

There are different kinds of audits. Some are in person (office and field audits) while others are done via mail (correspondence audits). If subject to a correspondence audit, the taxpayer will receive a letter in the mail asking for more information about certain items on the tax return such as income, expenses and itemized deductions.

We can help you get all documents needed and communicate with the IRS to make sure there is no overreach.

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Trust Fund Recovery Representationstarts at $3,750

Trust Fund Recovery Penalty also known as TFRP, basically means you can be held personally liable for a penalty for not properly managing the employment taxes of a business. This is known as the “trust fund recovery penalty” (TFRP).

The TFRP is not a penalty in the traditional sense of being an amount added to a deficiency in tax due by an individual, corporation, or another taxpayer. Rather, the TFRP is a collection device that permits the IRS to impose liability on a “responsible person” who “willfully” failed to remit the employment taxes that were held in trust for the government.

TFRP cases rely heavily upon the fact pattern, and your success in defeating the penalty depends on the presentation of the evidence and knowledge of the IRS’s TFRP procedures.

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Preparation of CIS 433Astarts at $975

The Collection Information Statement is the most critical piece of information submitted by a taxpayer to the IRS when negotiating a Collection Alternative.  It provides the basis from which the IRS will work to determine how much they believe you can afford to repay, and over what time frame.  Properly preparing the Collection Information Statement to reflect your finances in a way that optimizes your chance for a successful outcome, as well as being ready to defend the figures listed on the Collection Information Statement with detailed and organized supporting documents are two key components to successfully resolving your tax situation with the IRS.  Hiring an experienced tax professional who can complete the Collection Information Statement, anticipate potential items of disagreement with the IRS, and predict likely outcomes before initiating contact with the IRS can give you the upper hand in negotiating with the IRS.  At WFTFS, LLC, we have the experience and know-how to prepare the requisite CIS form on your behalf, advise you on likely outcomes based on the results of the financial analysis, and successfully argue on your behalf for the best resolution possible given your individual financial situation.

Preparation of CIS 433Bstarts at $975

The Collection Information Statement is the most critical piece of information submitted by a taxpayer to the IRS when negotiating a Collection Alternative.  It provides the basis from which the IRS will work to determine how much they believe you can afford to repay, and over what time frame.  Properly preparing the Collection Information Statement to reflect your finances in a way that optimizes your chance for a successful outcome, as well as being ready to defend the figures listed on the Collection Information Statement with detailed and organized supporting documents are two key components to successfully resolving your tax situation with the IRS.  Hiring an experienced tax professional who can complete the Collection Information Statement, anticipate potential items of disagreement with the IRS, and predict likely outcomes before initiating contact with the IRS can give you the upper hand in negotiating with the IRS.  At WFTFS, LLC, we have the experience and know-how to prepare the requisite CIS form on your behalf, advise you on likely outcomes based on the results of the financial analysis, and successfully argue on your behalf for the best resolution possible given your individual financial situation.

Offer in Compromisestarts at $5,000

An Offer in Compromise allows a taxpayer to settle their past-due back tax liabilities for less than the full amount owed. It is a great option for taxpayers suffering from financial hardship. The factors considered by the IRS include the following:

• The taxpayer’s ability to pay;
• The taxpayer’s income;
• The taxpayer’s expenses; and
• The taxpayer’s asset equity.

Generally, the IRS will approve an Offer in Compromise when the amount offered represents the most the government can expect to collect within a reasonable period of time (usually 5 years). The Offer in Compromise program is not for everyone and is greatly over-promoted by non-attorney tax firms. If a taxpayer seeks an Offer in Compromise, they should be sure to check that attorney’s qualifications.