Need Help with IRS Tax Problems?
If you are like many Individuals, families and businesses in Minnesota, you may be experiencing IRS or State tax problems. Whether you owe back taxes to the IRS or need to stop or remove a wage garnishment, tax lien, or bank levy, the good news is that you do have tax relief options available to you that can not only help put your IRS problems behind you, but very much possibly save thousands of dollars too. To find out how you can protect your legal rights and assets and get relief from IRS debt, take a minute now to connect with the experts at Showalter CPA for a free consultation with an experienced Certified Public Accountant that specializes in resolving tax problems.
Help for IRS Tax Liens
When you owe federal taxes to the IRS or state taxes to an individual state, a tax lien may be filed as an enforcement measure against your name. This tax lien is a public record, which will appear on your credit report, making it very hard for you to sell property or secure a loan for a home, car, or many other needs.
Stop or Remove an IRS Tax Levy on your Bank or Other Assets
A bank levy is a forceful collection measure used by the IRS to collect on back taxes owed. Through a bank levy, your bank account may be frozen with the funds in your account sent to the IRS. Bank levies usually happen because many taxpayers ignore or wait too long to respond to IRS collection efforts. The IRS never goes away. They will always be on your back. We can stop this.
Stop or Remove Wage Garnishment in Minnesota
A wage garnishment occurs when the IRS sends an official letter to your employer requiring your employer to withhold a large percentage of your paycheck and forward it to the IRS for back taxes owed.
Help for IRS Payroll Tax Delinquency
When employers fail to properly withhold taxes on behalf of employees, the IRS my seize company assets or the assets of the company’s owner or owners. This could include bank accounts, property, or other possessions.
IRS Collection Letters
The IRS follows a certain set of rules for contacting taxpayers and taking strong enforcement action against taxpayers, such as, wage garnishments, bank levies, tax liens and more. That’s why it is a serious problem to ignore IRS collection notices and letters. The IRS does not go away on their own. We can make them go away.
If you have received a tax collection letter or notice from the IRS, Showalter CPA’s experienced staff can assist you in finding the best solution to solve your tax problem. Our professionals will work with you to understand your unique situation and find the most favorable tax relief solution for you. It’s important to understand that tax problems never go away. They only get worse and more stressful over time, unless you take action to exercise your legal rights to get the tax relief you are entitled to.
IRS collection letters and Notices
CP 88 Notice of Delinquent Return Refund Hold
This notice notifies taxpayers that the IRS is holding the taxpayer’s refund until a tax return has been filed or a reasonable explanation is given for why it was not filed. A reasonable explanation might be something like there was a fire and records were damaged or other circumstances. We would be happy to discuss your particular situation.
CP 90 or CP 297 Final Notice of Intent to Levy and Notice of your right to a hearing
This notice indicates that the taxpayer still has a balance due on their account and that the IRS intends to place a levy on specific assets, such as bank accounts, real estate and other property unless the taxpayer takes action within a 30-day period. We can help you take that action. It’s simple, we do all the heavy lifting for you. As always, we give you a free no obligation phone consultation with an experienced CPA.
CP 297A Notice of Levy and Notice of your right to a hearing
CP 297A is a letter notifying you that the IRS has issued a Levy against your assets. This allows the IRS to seize your property, such as wages, real estate, and bank accounts.
CP 91 or CP 298 Final Notice Before Levy on Social Security Benefits
The CP 91 or CP 298 letter notifies you that the IRS intends to issue a Levy against 15 percent of your social security benefits as a result of unpaid taxes. You must pay the amount within 30 days from the date of the CP 91 or CP 298 notice or contact the IRS before they issue a levy and seize property. This is where we come in. We can contact the IRS on your behalf and find a reasonable solution that is in your best interests.
CP 503 Second Notice Balance Due
This very serious notice informs taxpayers that immediate action is required. This IRS letter states that the IRS has written to the taxpayer that taxes are owed, but the taxpayer has not contacted the IRS to respond. The notice further states that the taxpayer may be eligible to pay through an installment agreement or payroll deduction agreement, but if the IRS doesn’t receive a response, steps will be taken to collect taxes owed. We can correct this situation. Helping you with your IRS issues is what we specialize in.
CP 504 Final Notice Balance Due
This is an IRS last call of sorts; the CP 504 is a letter notifying you that the IRS intends to issue a Levy against your state tax refund because of an outstanding tax debt. The notice adds that the IRS is seeking other assets of yours to levy such as wages, real estate and bank accounts. Additionally, the IRS may file or has filed a Federal Tax Lien on your property such as bank accounts, wages and real estate allowing them to claim it as security against your tax debt. We can help you at any stage of IRS collections. Of course, it’s better to get started early. It’s never too late. Connect with us for a free phone consultation.
CP 2000 Notice Proposing Changes to the Taxpayers Return
This notice is sent to taxpayers when the IRS receives information from employers or other entities that doesn’t match what was reported by the taxpayer on their return. This is most often from a 1099 or W2 that was not included on the taxpayer’s original return. Sometimes it’s a mistake. Based on the new information that the IRS has, they then propose changes to the return and communicate to taxpayers what they may do if they agree or disagree with the proposed changes. There is so many ways to deal with this situation. We can help when the IRS changes your tax return.
CP 521 Notice Balance Due
This IRS letter informs taxpayers that a payment is due, and that penalties and interest have been assessed and will continue to accrue until the balance is paid in full. Getting one of these in the mail is a great indication that you need help. Why not explore all your options with a free, no obligation phone consultation with an experienced tax accountant that specializes in helping individuals and businesses with IRS tax issues? You have nothing to lose.
CP 523 Notice of Default on Installment Agreement
This notice informs taxpayers that they have defaulted on their installment agreement. This notice also provides the reason for the default, describes the actions the IRS plans to take, and communicates what taxpayers can do to prevent the IRS from taking enforcement actions. Ok, so you defaulted on your installment agreement. Is this the end of the world? No. Is it serious? Yes. We can help you in this situation. The key is that you do not delay and take action right away. Connect with us for a free tax help phone consultation.
Don’t ever ignore IRS Collection Letters and Notices. Putting it off will only compound the problem.
Help with Business Tax Problems
If you are self-employed or a business owner experiencing business tax or payroll tax problems, Showalter CPA can help you with experienced Certified Public Accountants (CPA’s) and specialists in coordinating IRS settlements for businesses who are in need of protection and relief. This could not only give you much needed peace of mind, but possibly save you thousands of dollars and protect your business bank account, as well as, the personal bank account of the business owner or owners. Businesses in need of tax relief can receive their tax relief options immediately with a free tax relief consultation with a Certified Public Accountant. This is what we do. Day in, day out. We are passionate about helping business owners get on the right track and stay on that track. Protect yourself from harmful IRS action such as garnishments, bank account levies and liens.
Under Reporting Taxes or Under Reporting Income
When businesses under report taxes or under report income, there is a serious risk that the IRS could take strong enforcement action, including a bank levy, tax lien or other collection action. Keep in mind that the IRS has access to your bank account and the IRS can track your income and outgoing expenses and whether you are reporting your income accurately. Life happens and mistakes happen. We can correct this situation. This is what we specialize in. You can take steps to protect yourself, but time is of the essence. We must get started right away. Don’t delay. Get your free phone consultation today.
Failure to Pay Payroll Taxes in Minnesota
If you are a business owner who has not properly paid payroll taxes for employees, the IRS may pursue you vigorously through several strong collection and enforcement avenues including seizure of company assets, bank levies, tax liens and more. Payroll tax problems can lead to IRS payroll tax penalties, payroll tax liens, or payroll tax levies that can be very stressful and costly for businesses. That’s why it is so important for business owners, both small and large businesses, to get payroll tax issues resolved amicably with the IRS. This can be achieved through Certified Public Accountants who specialize in helping businesses resolve IRS tax problems through a negotiated tax settlement. These IRS tax settlements negotiated by Certified Public Accountants can help remove stress from business owners and possibly save thousands of dollars.
Regardless of the financial condition of your business, do not ignore IRS collection letters and calls. Unfortunately, ignoring the situation is likely to make your situation go from bad to worse. Don’t wait to utilize the tax relief options you are entitled to under the law. We are here to help you navigate the options available to you to fix your payroll tax problems. Do you have a question or concern about a business tax problem or potential IRS collection action or enforcement action? We can help.
You will be very surprised to learn that you have a lot of legal business tax relief options available to you that could help remove stress, save you thousands of dollars, help protect your personal and business assets. Tax debt relief can be obtained from offers in compromise, installment agreements, back tax settlements and penalty abatement. There’s no reason to delay getting the help you need now. See your business tax relief options, find out what Showalter CPA can do to help you resolve your tax issue before it becomes far more damaging.
We can remotely file your personal or business tax returns. Current and prior year returns can be filed remotely without having to make an office visit. Remote tax preparation by a Certified Public Accountant. You can rest assured, that you will get the best possible tax return filed that puts you first. We work for you, not the IRS. We have clients nationwide and have filed for individuals and businesses in all 50 states.
We have had the pleasure to serve clients in the following Minnesota Cities
Minneapolis St. Paul Rochester Duluth Bloomington Brooklyn Park Plymouth Maple Grove Woodbury St. Cloud Eagan Eden Prairie Blaine Lakeville Coon Rapids Burnsville Minnetonka Apple Valley Edina St. Louis Park Moorhead Mankato Shakopee Maplewood Cottage Grove Richfield Roseville Inver Grove Heights Andover Brooklyn Center Savage Oakdale Fridley Winona Shoreview Ramsey Chaska Prior Lake Owatonna White Bear Lake Chanhassen Austin Champlin Elk River Rosemount Faribault Crystal Farmington Hastings New Brighton Golden Valley Lino Lakes New Hope South St. Paul Northfield Columbia Heights West St. Paul Forest Lake Willmar Stillwater Hopkins Albert Lea Anoka St. Michael Sartell Red Wing Ham Lake Otsego Hibbing Buffalo Bemidji Hugo Robbinsdale Hutchinson Marshall North Mankato Fergus Falls Sauk Rapids Monticello Brainerd Alexandria Vadnais Heights New Ulm Worthington Mounds View Rogers North St. Paul Cloquet Waconia East Bethel St. Peter Mendota Heights Grand Rapids Big Lake Little Canada North Branch Arden Hills Fairmont Hermantown Mound
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