Bank Levy Release
Lien Removal
File Missing Tax Returns
Affordable Payment Plans
Non Collectible Status
Potentially Reduce Your Tax Debt
Must meet qualifying criteria for possible reduction of debt
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WE SOLVE IRS TAX DEBT
We are a full service tax resolution firm with the “know how” to get you the tax
resolution you need so you can finally have peace of mind.
If you can answer “Yes” to any of the following questions:
- Do you have unfiled returns?
- Do you owe more than $10,000 in taxes?
- Are your wages being garnished?
- Are you being levied?
- Are your assets being seized?
- Are you receiving levy or other notices?
SERVICES WE OFFER
GET A FREE, NO-OBLIGATION CONSULTATION
The sooner you contact us, the sooner we can start working on your tax debt resolution. Complete the form above today.
WHY WORK WITH OUR TAX ATTORNEYS?
We never forget that the reason you’re looking for a tax resolution or tax debt relief company is that you need help right now with a serious financial issue. You may have been tempted to call one of the companies that advertise heavily on TV or online (and that makes tax resolution sound fast and easy), but those companies will not have their clients’ best interests in mind. For the most affordable tax resolution possible—with the guidance and solution that’s right for your unique circumstances—the help of experienced tax professionals is essential.
At Key Tax Group, we’ve helped clients from around the country and have nearly four decades of combined experience. Regardless of how complex your tax issues are or what the specific circumstances of your tax debt situation may be, the tax experts at Key Tax Group have the knowledge and experience to deal with it. You’ll receive personal services from our attorneys, enrolled agents and support staff, each of whom work hard to find a solution that puts an end to your concerns.
OUR TAX RELIEF SERVICES
Your tax debt problems may seem insurmountable, but options are available for resolving them and Key Tax Group can give you the guidance you need. Don’t wait to contact us for help on these tax issues:
Audit Reconsideration
If you were audited and suspect that oversights occurred or errors were made during the process, you may be able to request an audit reconsideration. This allows a new reviewer to examine your case. Our seasoned tax law attorneys can help you file an audit reconsideration and help you through the initial tax audit process as well.
Bank Levies
If you haven’t satisfied a tax debt, the IRS has the power to use a bank levy, which is a legal seizure of your assets and may include the funds you have in the bank, your wages, your home, your car, and more. If you have just learned that the IRS has issued a bank levy due to unpaid tax debt, you must seek the help of a tax professional immediately: Once a levy notification has been sent to your bank and all of your funds have been seized, you have just 21 days to resolve your debt before your money is released to the IRS. Unpaid state tax debt is even more urgent, since some states allow you only 72 hours to resolve your debt before your money is passed to the state’s taxing authority. Contact Key Tax Group right away if you have unresolved federal or state tax debts that have led to a bank levy.
FBAR (Foreign Bank Account Reporting)
Resident aliens working in the United States must file an FBAR, which is separate from a federal tax return. Anyone who is considered a U.S. tax resident and who has a balance of $10,000 or more in a foreign account within a tax year must file. Failure to report could result in criminal prosecution and a serious penalty on the balances in your account. If you need help with an FBAR filing, the FBAR specialists at Key Tax Group can help protect your foreign assets.
Offers in Compromise/Fresh Start Program
The Fresh Start program is provided by the IRS through its Offer in Compromise (OIC) agreement, which is an agreement between you and the IRS that settles your tax debt for less than the full amount you owe. Because complex formulas are used to determine a taxpayer’s qualifications for an OIC—and most self-prepared OIC applications are denied due to being incorrect—consulting with a tax professional who is experienced in Offers in Compromise is critical.
Penalty Abatement
Penalties, fees, and interest associated with the taxes you owe to the state or the IRS can make a stressful situation even worse. Many taxpayers facing penalties, however, are unaware that they may be able to qualify for a tax penalty abatement. Our tax experts can help you navigate the state or IRS tax penalty abatement process with the goal of removing penalties and reducing the total amount you owe.
Sales Tax Representation
The consequences of owing back sales taxes can include closing down your business and seizure of funds in your bank and investment accounts as well as your personal property. At Key Tax Group, our sales tax debt solution experts will review the charges assessed to ensure their accuracy, then develop a strategy for protecting your business and personal interests from state actions. Contact us for sales tax representation if your business owes back sales taxes.
State Tax Resolution
State collections actions can be even more aggressive than those of the IRS, with collection remedies that cannot be changed once they are implemented. Whether you owe personal income tax, unemployment tax, business equipment tax, or business sales and use tax, state governments act quickly on both collections actions and punitive measures, so it’s critical to consult a tax expert as soon as possible for help with state tax resolution.
Streamlined IRS Installment Agreements
This payment plan allows qualified debtors to enter into an installment agreement rather than paying a lump sum. You may have up to 72 months to pay your debt in full, with a customizable plan and affordable payments. IRS installment agreements are not the right solution for everyone with tax debt; our tax debt resolutions specialists can help determine if this option is right for you.
Tax Audit Representation
We offer full-service tax audit representation that can help you before, during, and even after an audit. Audits are complex, and our clients may not know what should be disclosed and how, or how to properly prepare the supporting documentation needed to minimize the impacts of the audit. The tax professionals at Key Tax Group are experts in representing clients in both IRS and state audits.
Tax Lien Removal
A tax lien can have devastating effects on your credit history and prevent you from being able to buy or sell property, get credit to buy a vehicle, and more, and not all tax liens are subject to removal. If you are facing this serious tax collection action, our tax lien subordination and tax lien removal specialists can help.
Wage Garnishments
If you owe back taxes, the IRS or a state taxing authority may garnish your wages until the full amount of your debt is satisfied. Federal garnishments may be able to be stopped or changed, but state tax garnishments will not be lifted until your debt expires or is paid, and in some states, up to 40 percent of your gross income may be garnished. It’s important to take immediate action at the first sign of wage garnishments.
940/941 Payroll Tax Debt Relief
When the IRS does not receive the 940/941 withholdings that are due within seven days of payroll submission, it won’t hesitate to take fast, aggressive action against you or the business itself. Large fines or permanently shutting down your business are just some of the possible consequences of unsatisfied tax debt. The 940/941 payroll tax debt relief specialists know how urgent such debt can be, and are ready to help protect you and your business from IRS action.
OFFER IN COMPROMISE
Offer in compromise allows you to settle your tax debt for less than what you owe. You may or may not be eligible. The tax professionals at Key Tax Group can help you determine if you are…
TAX DEBT SOLUTIONS
The professionals at Key Tax Group have the knowledge and experience to help you analyze your tax situation and ascertain what tax programs are available to you to help lower your tax debt…
TAX DEBT RESOLUTION FAQs
Q: Can I get a settlement to pay less than I owe on unpaid taxes?
A: Some qualified individuals can settle their debts for less than what they owe. An Offer in Compromise (OIC), which is part of the Internal Revenue Service’s Fresh Start program, is an option that may result in a reduced debt, but qualifying includes a number of conditions that may not be applicable to your individual situation or may not be in your best interests. If you would like to learn more about OICs and whether they are an option for you, we encourage you to schedule a free consultation with our tax debt experts.
Q: What is an installment agreement and who can qualify?
A: An IRS installment agreement is an option for some debtors who are unable to pay the full amount of taxes they owe at the time of filing. It allows the debt to be paid off in monthly payments over the course of 72 months, and, if the debtor’s financial circumstances improve, he or she can pay the entire balance owed at any time while payments are being made. To determine if you qualify for an installment agreement, it’s important to consult with a qualified tax expert. Meanwhile, learn more about the pros and cons of IRS installment agreements.
Q: What is the difference between a lien and a levy?
A: According to the IRS, “A lien is a legal claim against your property to secure payment of your tax debt, while a levy actually takes the property to satisfy the tax debt.”
Q: The IRS has sent me a Final Notice of Intent to Levy. What should I do?
A: Such a notice means that the seizure of funds from your bank accounts is imminent. Your retirement accounts, car, home, and other property may also be at risk of seizure. It’s critical to respond to the notice at once, so contact the tax attorneys at Key Tax Group for a free consultation as soon as possible.
Q: What do I do if I just don’t have the money to pay my unpaid taxes?
A: The IRS has several options for those you have filed their tax returns but can’t afford to pay the amount due. Contact us for information on payment plans such as Offers in Compromise and IRS Installment Agreements, plus other options that may be available to you.
Q: Penalties on my tax debt is piling up. Is there anything I can do?
A: The IRS does offer a first-time penalty abatement waiver for some taxpayers who qualify. It can eliminate accrued penalties as well as interest on the penalties (but not interest on the unpaid tax amount; this interest will continue to accrue). Qualifications include having no penalties for the three years prior to the year the penalty was incurred; having filed all of the required tax returns or requested an extension; and having made payment arrangements for or paid any unpaid tax. Providing the required documentation to request a first-time penalty abatement is best done with the help of an experienced tax professional.
Q: What can happen to me if I owe the IRS back taxes?
A: The IRS has a number of collections procedures and actions it can take against you if you have unpaid taxes. As stated on the IRS’s website, “If you don’t pay your taxes on time, the penalties can be severe. The longer you wait to resolve your debt, the more difficult and costly it will be.” Some of the actions the IRS can take are the outright seizure of your assets or property; levies against your wages, bank accounts or retirement income; or even initiating a criminal investigation or filing tax evasion charges. Read more about the consequences of owing IRS back taxes, then contact us for a free consultation.
Q: Do I really need to hire a tax attorney?
A: If you have unpaid tax debt or are being audited, you are not required to be represented by a tax attorney or seek advice from tax professionals. However, if you want the best possible outcome, consulting a tax law expert can help ensure that no details are overlooked during the process of resolving your tax debt or responding to a tax audit.
There are some circumstances under which it’s especially important to have a tax attorney on your side. These include owing more than $100,000 to the IRS, being self-employed, and having a particularly complex financial situation. If you have undisclosed foreign bank accounts or unreported income, expert guidance is critical. Lastly, if you are a professional who must have a license, such as a medical doctor, securities broker, or an electrician, you may not be able to renew your license if you are not in compliance with state tax laws. The best first step toward resolving your tax debt is to schedule a free, no-obligation consultation with Key Tax Group.
Q: Can another type of tax professional help me?
A: Depending on your particular circumstances, the answer may be yes. A tax attorney, however, can represent you in court for tax issues and at meetings with the IRS through power of attorney representation, which non-attorney tax professionals may not be able to do. Also keep in mind that a tax attorney will likely have strong negotiation skills in addition to expertise in the tax code, both of which work to your advantage.
CHECKLIST: QUESTIONS TO ASK A TAX ATTORNEY OR TAX DEBT RESOLUTION FIRM
If you haven’t hired a tax attorney before, it’s normal to not know what to expect or understand how they can help you. As you meet with a potential attorney, use these questions to gain an understanding of what they offer and get a sense of whether they are the right fit for your needs.
#1 How long have you been in business?
Just because a firm may have been recently established doesn’t indicate that it can’t help you, but the stakes are often very high in matters related to unpaid tax debt. When every dollar counts and your financial future may be in jeopardy, it’s best to choose a tax law firm with deep experience in tax debt resolution. At Key Tax Group, our professionals have a combined 35 years of experience and have resolved more than $175 million in tax debt for our clients.
#2 How much of your practice focuses on tax debt issues?
Firms that have many areas of practice may handle tax debt cases as more of a sideline than a primary focus. At Key Tax Group, we focus our expertise on tax debt resolution and specialize in IRS payment plans, audit representation, FBAR cases, wage garnishment, tax lien removal, and other areas that center on achieving affordable tax resolutions for our clients.
#3 Who in your firm will work on my case?
You want to ensure that your case will not be delegated to someone in the firm who does not have the experience you need. Ask the person you meet in your initial consultation who will manage your case, then ask if that person has the proper credentials and solid experience handling cases such as yours. You should also ask for specific information on the firm’s staff, such as the number of attorneys it has and whether it has accounting experts and enrolled agents on its team. Remember: You need legal counsel first and foremost as you seek resolution of your debt.
#4 How do you bill your clients?
It’s critical that you understand a tax debt resolution firm’s fee structure before you choose it to represent you. You will need to ask:
- Do you will by the hour? If so, what is the rate?
- Do you charge a flat fee? If so, what is included?
- Will there be charges for administrative support?
- Is a retainer required? Is it refundable?
#5 How often can I expect to hear from you?
Ask how quickly phone calls are returned or emails responded to (it should not be more than 24 hours) and how often you may need to meet with the attorney. Also, ask if the firm’s staff prefers to communicate via phone or email.
#6 Will you provide references?
A reputable firm should not hesitate to provide you with contact information for past or current clients who have agreed to be available as references. In addition to client references, you should also go online and search for reviews that current or prior clients have posted.
#7 Do you have experience with my type of business?
Business tax and payroll tax issues can be highly complex and have long-term ramifications. If your unpaid tax debt or tax audit is related to a business you own, ask if the firm has experience with clients who are in your industry or clients whose business operates in a similar manner. Each industry has its own set of regulations and laws, so a tax attorney who is familiar with your type of business may be better equipped to navigate your unique tax debt situation.
ARE YOU WORRIED ABOUT YOUR TAX DEBT OR TAX AUDIT? CONTACT KEY TAX GROUP NOW.
We understand the extreme stress and worry that tax-related issues can cause, and how seriously your life can be affected by them both now and well into the future. You may be feeling threatened by aggressive actions such as bank levies and wage garnishes and uncertain of how to begin to solve your problems. Or you may have been notified of an audit and aren’t sure what it means.
Help is available: The attorneys, enrolled agents, and support staff at our full-service tax resolution firm are ready to help you deal with even the most complex tax issues. We will relieve you of the burden of dealing with the IRS or state tax agency by yourself, handling communications, gathering and creating any required documentation, guiding you through the process of resolving your tax problem, and ensuring your rights are fully protected.
Regardless of the type of state or federal tax situation you are facing, the most important first step is a simple one: Seek the assistance of experienced professionals. Don’t hesitate to contact us online or call us at 904-634-5622 or 800-380-7085 if you have any questions or would like to schedule an appointment for a free, no-obligation consultation to review the details of your case.
