Tax Resolution
Tax resolution is the process of helping individuals and businesses address and resolve issues with the IRS or state tax authorities. When someone falls behind on taxes, receives threatening letters, faces penalties, or is selected for an audit, the situation can quickly become overwhelming. Tax laws are complex, deadlines are strict, and mistakes or delays can lead to significant financial consequences. Tax resolution professionals step in to evaluate the situation, explain all available options, and guide taxpayers toward a strategy that protects their rights and reduces their financial burden. At the start of the process, a tax resolution specialist conducts a detailed review of the taxpayer’s financial records, income, expenses, and prior filings. This allows them to identify the root cause of the problem—whether it’s unpaid balances, unfiled returns, payroll tax issues, incorrect reporting, or IRS notices that have escalated. From there, they determine which solutions best fit the individual’s financial position and the IRS's requirements. Common strategies include negotiating installment agreements, submitting an Offer in Compromise to settle tax debt for less than the full amount, requesting penalty abatement, proving financial hardship, or securing “Currently Not Collectible” status when payment is temporarily impossible. For businesses, solutions may also involve resolving payroll tax disputes or negotiating trust fund recovery penalties.