- Telephone : 516 503 5895
- Address : 738 Smithtown Bypass, Smithtown, NY 11787
- E-mail : william@L-ATax.com
- Telephone : 516 503 5895
- Address : 738 Smithtown Bypass, Smithtown, NY 11787
- E-mail : william@L-ATax.com
An Offer in Compromise (OIC) allows you to settle your tax debt with the Internal Revenue Service for less than the full amount owed. Eligibility depends on your income, expenses, equity in your assets, and overall ability to pay.
Installment agreements allow you to pay your tax debt over time in equal monthly payments instead of a lump sum. I work with the IRS or state agencies to negotiate a payment plan that fits your budget, helping you avoid enforced collections like levies, liens, or garnishments.
Unfiled returns can lead to penalties, interest, and increased scrutiny from tax agencies. Filing back tax returns is essential to resolving tax debt and qualifying for payment plans or other relief programs. Generally, filing the last six years of unfiled back tax returns will put you in compliance.
Yes. If you are designated as a “responsible person,” such as a business owner, officer, or authorized signature on the business’s checking account you can be held personally liable for unpaid payroll and sales taxes, including penalties and interest. I assist clients in resolving these liabilities and negotiating with the IRS or state agencies to minimize financial impact and personal liability when circumstances dictate.