What is the IRS asking of you?
How tax resolution works with Pantana CPA
We Review Your Situation
We look at your financials, tax records, and any IRS notices to see where you stand.
We Bring You Into Compliance
Before the IRS will agree to a plan, you must file all delinquent returns. We help you get them filed.
We choose and apply for the right resolution
We help you decide the best type of IRS agreement and handle the full application with you, start to finish.
Installment agreements
An installment agreement lets you pay your back taxes over time while staying in good standing with the IRS. It breaks the amount into monthly payments, and the IRS may reduce certain penalties once the agreement is in place.
File all delinquent returns first. We can then file Form 9465 to request the agreement. The IRS charges a fee and continues to charge interest while you pay.
Each type of agreement has its own IRS requirements. We review your finances, help you pick the plan that fits, and advise on ways to lower your tax liability so payments are easier to manage.
Offers in compromise
An offer in compromise is a settlement in which the IRS agrees to accept less than you owe. The IRS does not accept these easily, but if your case meets the requirements, a skilled CPA firm can build a sound offer. The first step is finding out whether you qualify under current IRS guidelines.
The IRS accepts an offer on one of three grounds. Doubt as to liability means you can show that the assessed tax is incorrect, so you should not owe the full amount. Doubt as to ability to pay means you cannot pay now, and the IRS is unlikely to ever collect the full amount. Effective tax administration covers taxpayers who cannot work to pay a tax debt, such as because of age or serious illness. Offers can be a lump sum cash offer, a short-term payment offer over 24 months, or a deferred payment offer.
Other common IRS problems we can help you with
Led by CPAs and an enrolled agent
Tax resolution is handled by Pantana CPA's tax team, which includes CPAs and an enrolled agent.
What does tax resolution cost?
Fees depend on the size and complexity of your case. Schedule a free call and we will explain the options and the cost before you decide.
FAQ
Do not face the IRS alone
Tell us where you stand, and we will help you find the next step.