Our Tax Relief Services
The IRS may use aggressive tactics to threaten taxpayers, including wage garnishments, tax liens, bank levies and more, and state tax authorities can be even more aggressive. At Key Tax Group, we know how much stress and anxiety this can cause, and how far-reaching the effects of owing back taxes can be on you, your family, and your career.
We’ve helped clients from around the country by solving their tax debt problems. The Key Tax Group team includes tax lawyers, enrolled agents, and support staff with more than 35 years of combined experience. We are subject-matter experts in complicated tax issues and regulations, and we work hard to find a tax relief solution that’s tailored to your unique situation. Let us help you take back your life with one or more of our tax relief services. Our consultations are completely free with no obligations.
The IRS has experienced tax attorneys on its side and you should, too. Please call us at 800-380-7085 or 904-634-5622, or contact us online by completing the form at the top of this page to get started on your road to freedom from tax worries.
SERVICES WE OFFER
Wage garnishment is the legal process that requires an employer to withhold a portion of earnings from an employee and is used by the IRS to collect past-due debts such as federal or state taxes. For many of our clients, the added burden of wage garnishment on top of owing back taxes can push them into extreme financial hardship and strain relationships with employers. Depending upon the circumstances, federal wage garnishments may be halted, but state wage garnishments may remain in place until your debt is satisfied.
The process to garnish your wages can move quickly. You will usually be sent a notice and a Demand for Payment of what you owe. If you ignore this, you will be sent a Final Notice of Intent to Levy, which must be sent at least 30 days prior to the date garnishment will begin. If you’ve been notified that your wages will be garnished, seek the help of an experienced tax attorney immediately.
By law, the IRS may seize your assets by issuing a bank levy if you have outstanding tax debt. If you’ve received a notice that a levy is imminent, consult Key Tax Group right away. Once your bank accounts have been frozen, you have just 21 days to resolve the matter before the funds in your accounts are turned over to the IRS, so it’s critical to act quickly. As long as any portion of your back taxes remain unpaid, levies will be repeatedly placed on your accounts to seize additional funds once they become available. Our tax relief experts will take prompt action to help you reach a fair, affordable solution.
Tax Lien Removal
A tax lien is a very serious matter that can put several aspects of your financial life in jeopardy, including your credit history, your real estate transactions and your ability to obtain financing. Even if you satisfy your tax debt in full, a lien may not be automatically removed.
Our tax professionals may be able to help by having the lien removed by obtaining and filing a lien satisfaction letter. Contact us for a free consultation to discuss your individual circumstances.
Like many of the tactics the IRS may use, the assessment of penalties can make your tax debt situation even worse. There is good news for some taxpayers, however: You may be able to have certain penalties removed under certain circumstances under the IRS’s first-time penalty abatement rules. If you are facing federal or state tax penalties, the penalty abatement specialists at Key Tax Group can help.
Tax Audit Representation
When faced with a tax audit, having skilled representation at your side is critical, and it can keep your tax situation from becoming worse. The tax code and tax audits are very complex and few people understand how to protect their own interests while navigating the audit process. The experienced attorneys at Key Tax Group provide full-service tax audit representation, including representing you before you are questioned about your return by state or federal taxing authorities.
The IRS will reevaluate—or reconsider—the results of an audit if a taxpayer suspects mistakes were made and he or she can provide information that was not considered in the original audit. Some of the reasons an audit reconsideration may be requested include the taxpayer not receiving an audit notice due to having changed addresses, the taxpayer did not appear for the audit, or disagrees with the audit. At Key Tax Group, we specialize in audit reconsideration and audit representation and know just how financially burdensome an inaccurate audit can be. Contact us if you believe your tax returns were not accurately audited.
Offers in Compromise/Fresh Start Initiative
The Offer in Compromise (OIC) program—and its Fresh Start initiative—provides an option for taxpayers to reach an agreement with the IRS in which settlement can be made for less—sometimes as much as 20 percent less—than the original full amount owed.
According to IRS rules, it cannot accept a settlement offer if you can afford to pay the amount you owe. If this is the case, other payment options should be considered. You must also have filed all of the tax returns that were required before the IRS will take a settlement offer into consideration.
While there has been some confusion among taxpayers as to the difference between an OIC and the Fresh Start Initiative, the latter is simply part of the former. The Fresh Start Initiative was expanded a few years ago to help a greater number of taxpayers resolve their debt and, therefore, reduce the number of tax liens being issued due to owing back taxes.
Qualifying for the program is complex, and most applications that taxpayers prepare themselves are denied. The IRS will closely scrutinize the detailed financial information that you must submit when pursuing an OIC, so it’s important to be careful with the disclosures you make. To increase your chances of successfully reaching an agreement under this program, you should have an experienced tax attorney represent you in negotiations.
Streamlined IRS Installment Agreements
For those who qualify and who are able to pay a portion or all of their tax debt over time, a streamlined IRS installment agreement may be the right solution for resolving unpaid taxes and avoiding a federal tax lien. The complexity of the program and the IRS code can make it challenging to determine if you qualify on your own, but in general, the tax debt (including penalties and interest) must be $50,000 or less and you cannot have any unfiled tax returns. This option is only for those who have the ability to make the agreed-upon payments: If you miss a payment, you will be considered as having defaulted on the agreement.
If you have unpaid tax debt and wish to avoid a federal tax lien, schedule a consultation with us. We can help determine if a streamlined IRS installment agreement may be right for you.
State Tax Resolution
It may seem that federal tax problems are more serious than state tax issues, but nothing could be further from the truth. State tax authorities can be very aggressive in their tax collection actions and will quickly take these actions against you. Whether you owe business sales and use taxes, personal income taxes, unemployment taxes, or business equipment taxes, it’s critical to respond to state tax authorities promptly, and do so before your options become limited. The state may impose serious punitive measures, including bank levies, the suspension of your driver’s or professional license, wage garnishment, tax liens, and more. Call Key Tax Group at once if you receive notice of state tax collection actions.
Sales Tax Representation
The consequences of unpaid sales taxes can be extreme, ranging from having your business closed down to putting your bank accounts at risk of seizure. To protect both your personal property and your business, it’s critical to consult a tax attorney immediately. At Key Tax Group, we have experienced tax lawyers, enrolled agents and support staff ready to advise you on the most up-to-date state tax laws and your options for resolving your sales tax debt.
940/941 Payroll Tax Debt Relief
The law requires all employers to withhold payroll taxes from their W-2 employee’s wages, then send the employer’s and the employee’s portion of the taxes to the IRS. Unemployment taxes must be paid by the employer as well.
Unpaid payroll taxes can put you, your business partners and the business itself at great risk. To collect the amount you owe, the IRS can impose massive penalties—which cannot be discharged in bankruptcy— and interest, and even seize your personal assets in addition to your company. You may accrue penalties for filing a late return or corporate report, making a late deposit and more, and these penalties (along with interest) quickly inflate the total amount you owe. Your case may even be referred by the IRS to the Department of Justice.
Federal Employment and Payroll (941) Tax laws give the IRS the authority to collect unpaid taxes from you and corporate officers even if your business is closed, so if you have received a notice from the IRS regarding an issue with employee payroll deductions and tax withholdings, contact our tax attorneys right away. We are well versed in representing business owners to the IRS and can help you reach the payroll tax debt resolution that’s right for your unique circumstances.
Foreign Bank Account Report (FBAR) Filings
If you have signatory authority over or a financial interest in any type of foreign financial account with an annual aggregate total of more than $10,000 on any given day of the year, you are required by law to report that account to the IRS on a yearly basis. This includes brokerage accounts, mutual funds, trusts, bank accounts, and more, and applies not only to individuals, but also to businesses and other types of legal entities. Certain accounts, such as those owned jointly by spouses, may be exempt, but even those accounts may need to be reported under regulations other than FBAR.
Presently, the annual due date for filing Reports of Foreign Bank and Financial Accounts (FBAR) is April 15. According to the IRS, even when the account produces no taxable income, you may be obligated to file a report. Because failure to report could result in severe penalties and criminal prosecution, contact us now to learn how our tax attorneys can help protect you and your foreign assets.
Do You Need Professional Tax Relief Services?
If you owe back taxes, you may not know where to turn or who to trust for help. It may be tempting to take no action at all and hope for the best, but inaction will only make matters much worse. Federal and state taxing authorities have broad powers to impose severe penalties and seize your assets in order to collect what you owe, and may even use criminal proceedings against you.
How can you know when it’s time to contact a tax relief service for help? Here are just some of the most common reasons:
- You need expert representation for an audit
- You owe significant unpaid taxes, interest, and penalties and need to negotiate a settlement with the IRS
- You want to appeal an IRS decision
- You have submitted incomplete or fraudulent tax returns
- You have received notice you are under criminal investigation by the IRS
If any of the above situations apply to you, the services of an experienced tax lawyer can increase the likelihood that you, your family, and your assets will be protected. The attorneys at Key Tax Group specialize in working with people like you to resolve federal and state tax debt issues, and we’ve resolved more than $175 million in tax debt for our clients.
Avoiding Tax Relief Scams: What You Should Know.
If you’re viewing this website because you’re searching online for a tax relief firm, it’s important to keep in mind that not all such companies have your best interests in mind. At best, some tax debt relief companies deliver less than what they promise; at worst, some take your money and do nothing for you.
Owing back taxes or large amounts of money to the IRS is a very stressful situation, and it can be tempting to look for the fastest, easiest solution. Unfortunately, there seem to be plenty of such solutions being advertised every day on TV and online. Companies tout their ability to settle your debt for “just pennies on the dollar” or say they offer a “100% money back guarantee.” What they don’t talk about is their history of theft or fraud, or the thousands of complaints from past clients.
Legitimate tax debt resolution services will give you personalized attention and help you understand which courses of action are right for your unique situation. At Key Tax Group, we know that no two of our clients are alike, so we don’t have one-size-fits-all solutions. We also know that there are no guaranteed solutions: If a tax relief company guarantees debt forgiveness, it may be a sign of a scam.
Before you choose a tax relief firm to help you resolve unpaid tax debt, make sure you informed about some of the most common tax relief scams:
- Marketers who aren’t providing the actual service: Advertisers will offer tax debt relief, but when you contact them, you’re only talking to marketers who will sell your information to others. You may think you’re communicating with the people who will be working on your tax issue and not find out until it’s too late that they enticed you to sign up for services that you may or may not receive.
- Telling you that you qualify for a certain IRS settlement program when you don’t: Tax debt settlement options offered by the IRS, such as an Offer in Compromise, aren’t for every taxpayer. The IRS puts various restrictions on every program it offers, but scammers won’t tell you that. Instead, they will lead you to believe that you qualify for a program when you don’t, take your money, then ultimately blame the IRS for not approving you or simply say that you no longer qualify for debt relief.
- Large upfront fees: Some companies ask you to pay their fees in full before evaluating your financial situation or taking any action to help resolve your debt. Once you’ve paid, scammers take their time coming up with solutions (if they ever do so at all). Meanwhile, as your tax debt remains unpaid, the problems will continue to pile up in the form of potential interest, penalties, liens, wage garnishments and much more.
- Fake online reviews: The internet is a dream come true for tax debt relief scammers. It’s very easy to create a website designed to appear high in online search results for terms such as “best tax relief companies” or “IRS tax debt help,” and some even go so far as to create sites with nothing but fake customer reviews. The websites appear to be from legitimate, independent organizations, but they’re anything but. They have another purpose: To get your name and contact information or, better yet, your credit card number.
- New corporations: When a State Attorney General shuts down an unscrupulous tax relief company, the scammer will often create a new corporation to continue its deceptive practices. The new company can take advantage of hundreds or even thousands of unsuspecting customers before state authorities catch up to it again.
- Unsolicited communications: Scammers will attempt to lure you into providing personal information via unsolicited email, phone calls, text messages, and more. Some may even make it appear that the communication is from the IRS, but this is a definite sign that it’s not legitimate, because the IRS doesn’t send unsolicited email or text messages to start a discussion of your personal tax situation.
To protect yourself from scammers, make sure you ask a firm about its credentials and experience. Avoid any firms that don’t offer a consultation during which they can learn the details of your situation. Also keep in mind that the IRS allows only tax attorneys, certified public accountants, and Enrolled Agents to represent taxpayers in negotiations.
Need expert help with tax debt resolution? Contact us now.
If you have gotten behind on your taxes, remember that there are options available that can get you back on track. The experienced tax attorneys at Key Tax Group offer free consultations to evaluate your case and provide the guidance you need to resolve even the most complex tax debt situations. You don’t have to face the IRS or state tax authorities alone: Call us now at 904-634-5622 or 800-380-7085 or contact us online to schedule your appointment and ensure that your rights are protected.