Tax Relief Planning
Tax Relief Strategy for Future
Once a negotiated settlement is in place, it's important to create a game plan that ensures the settlement we achieved doesn't get defaulted on, and also protects clients from future tax problems by advising them on how to optimize and manage their tax liability.
Maintain Tax Compliance
One of the major criteria of a negotiated settlement is to remain in compliance. This means all tax returns and tax debts are filed and paid on time for the next five years or the agreement will default. This will bring the tax debt back to its original value and collection actions can begin in an attempt to collection the tax debt. We will create a plan to make sure everything needed to be filed is done so per IRS guidelines as well as make client aware of all payments and types to be compliant.