IRS Income Tax Issues

IRS Collection Alternatives
The IRS has substantial power when it comes to collecting unpaid taxes, employing a range of powerful tools such as tax liens, wage/payment garnishment, bank levies, property seizures, and even the suspension or revocation of your U.S. passport. There are several ways to address outstanding tax balances:
Installment Agreement (IA): An IA is a formal arrangement between a taxpayer and the IRS that allows for the gradual payment of a tax debt over an extended period. Instead of requiring a lump-sum payment, taxpayers can make manageable monthly payments until the debt is fully resolved. Our firm skilfully negotiates favorable terms for your IA, carefully considering your financial situation and ability to pay.
Offer in Compromise (OIC): An OIC is a formal agreement between a taxpayer (individual or business owner) and the IRS that settles a taxpayer’s tax liabilities for less than the full amount owed. Our attorneys have extensive knowledge of the complex eligibility requirements and can help you determine if an OIC is the most suitable option for you, and if so, which OIC is relevant to your unique situation.
Currently Not Collectible (CNC) Status: If you are experiencing severe financial hardship and are unable to pay your tax debt, you may qualify for Currently Not Collectible status. When a taxpayer’s account is classified as CNC, the IRS temporarily suspends collection activities, including wage garnishment, bank levies, and property seizures, until their financial situation improves. Our firm assists in demonstrating your eligibility for CNC status and guides you through the application process with the IRS.
From negotiating installment agreements and offers in compromise to representing clients in appeals and litigation, our firm is committed to providing the highest caliber of legal representation and support. When you choose Azarvand Tax Law, you gain not just a legal advocate, but a trusted partner who is dedicated to your success.