The sight of an envelope from the IRS can make anyone’s heart sink. If you’re facing a tax bill you can’t pay, have unfiled returns, or are under the threat of liens and levies, the fear and anxiety can be overwhelming. You may feel like you’re trapped with no way out.

The good news is, you have options. The IRS has established procedures—known collectively as IRS Tax Resolution—to help taxpayers in difficult situations settle their debts and get a fresh start. At Franskoviak & Associates, CPA, we specialize in guiding individuals and businesses through this complex process to achieve the best possible outcome.

What is IRS Tax Resolution?

IRS Tax Resolution is not a one-size-fits-all solution. It is a strategic process of negotiating with the IRS on your behalf to resolve your unpaid tax liabilities. The goal is to move you from a state of financial distress and fear into compliance, often with a significantly reduced burden.

This isn't about hiding from the problem; it's about professionally and proactively addressing it using the legal channels the IRS provides.

Common IRS Tax Problems We Resolve

Our practice at Franskoviak & Associates is built on helping clients navigate a wide range of serious tax issues, including:

• Unpaid Tax Debts: You filed your return but simply cannot afford to pay the bill.

• Tax Liens: A claim the IRS has placed on your property as security for your tax debt.

• Tax Levies: The actual seizure of your property, including wage garnishments or bank account levies.

• Unfiled Tax Returns: Failure to file past due returns can lead to severe penalties and legal consequences.

• Audits & Examinations: Facing a full-scale IRS audit can be intimidating without expert representation.

• Penalty Abatement: Requesting the removal of costly failure-to-file or failure-to-pay penalties.

Key IRS Tax Resolution Strategies We Use

Depending on your unique financial circumstances, we will develop a tailored strategy to resolve your tax problem. The most common solutions we pursue include:

1. Offer in Compromise (OIC)
Often called the "tax settlement" program, an OIC allows you to settle your tax debt for less than the full amount you owe. The IRS will agree to this only if they believe it is the most they can expect to collect within a reasonable period. We meticulously prepare your application to build the strongest possible case for acceptance.

2. Installment Agreement
If you can't pay your tax bill in full, we can negotiate a monthly payment plan (installment agreement) with the IRS. This stops collection actions as long as you remain current on your payments.

3. Currently Not Collectible (CNC) Status
If you are facing genuine financial hardship where paying your tax debt would prevent you from covering basic living expenses, we can request that the IRS classify your account as "Currently Not Collectible." This temporarily suspends all collection activities, giving you time to recover financially.

4. Penalty Abatement
The IRS can remove certain penalties under specific conditions, such as having a reasonable cause for your failure to file or pay. We present compelling arguments for penalty relief, potentially saving you thousands of dollars.

5. Innocent Spouse Relief
If a tax debt was incurred by your current or former spouse and you should not be held responsible for it, we can help you seek relief from the liability.

Why You Need a Professional for IRS Tax Resolution

Navigating the IRS alone is like walking through a maze blindfolded. The rules are complex, the paperwork is daunting, and one misstep can lead to delays or a denied application.

When you work with Franskoviak & Associates, CPA, you gain:

• Expert Negotiators: We act as your buffer, handling all communication with the IRS so you don't have to.

• In-Depth Knowledge: We understand the intricacies of the tax code and the internal procedures of the IRS.

• Strategic Advocacy: We don't just fill out forms; we analyze your entire financial picture to recommend the best resolution strategy for your long-term health.

• Peace of Mind: The greatest benefit we provide is lifting the weight off your shoulders. You can stop worrying and start knowing that a qualified professional is fighting for your best interests.

Ready to Resolve Your IRS Tax Problem?

Don't let fear and uncertainty dictate your future. The problem won't go away on its own, and the longer you wait, the worse it can get with accumulating penalties and interest.

If you are struggling with an IRS tax problem, you have a path forward. IRS Tax Resolution is your legal right, and with the right guide, you can reach a solution.

Contact Franskoviak & Associates, CPA today for a confidential consultation. Let us analyze your situation and outline a clear plan to resolve your tax issues and restore your financial peace of mind.