The IRS is offering penalty relief on nearly 5 million 2020 and 2021 tax returns with unpaid balances. In a significant effort to assist those owing back taxes, the IRS announced this relief for approximately 4.7 million individuals, businesses, and tax-exempt organizations that did not receive automated collection reminder notices during the pandemic. The relief, totaling about $1 billion, primarily benefits those earning under $400,000 a year.
With a proven track record of success, our tax office is committed to providing comprehensive and personalized solutions to alleviate the burden of IRS tax issues. We do the following:
Negotiating with the IRS regards tax lien resolution Situation assessment to prevent foreclosure Situation assessment to prevent foreclosure OFAC processing