Knowledge Center

    Frequently Asked Questions

    Settling your tax debt for less is possible through options like an Offer in Compromise, which allows you to negotiate a lower amount based on your financial situation. Consulting with a tax professional can help determine your eligibility.

    You still have options. The IRS accepts Installment Agreements, temporary delays, and Offer in Compromise requests based on what you can realistically pay. We review your finances and recommend the plan that protects your income and assets while getting you back in compliance.

    Tax resolution works by assessing your tax situation, negotiating with the IRS on your behalf, and implementing a tailored plan to settle your tax debts, ultimately aiming to alleviate your financial burdens and achieve compliance.

    You can negotiate your tax debt with the IRS. Through options like an Offer in Compromise or payment plans, you may be able to reduce your overall debt or establish manageable payments.

    While the choice to move forward is yours, it is important to understand the longer you wait, the more difficult it will be to resolve your tax debt, and the more likely it is for the IRS or state to take direct action against you. This can include wage garnishment, liens on your property, and even the seizure of your property.

    While some people that owe a small amount to the IRS can work out payment plans, most people find they can't negotiate the best deal possible. The IRS does not like working with individuals and can be extremely difficult to work with. At Taxx Resolution Inc, we have the tools, experience, and direct access to the IRS to get the best possible outcome.

    If your wages are being garnished or your bank accounts are being levied, contact our office immediately so we can stop the actions taken against you. If they haven't started this process yet, now is the perfect time to make sure they never move forward with that step.

    When it comes to resolving your state income tax issues, it is important to work with a firm that has experience with your state. Taxx Resolution Inc works with all 50 states and can help you get the relief you need.

    The documents needed for tax resolution include your tax returns for the past few years, IRS notices, income statements (W-2s or 1099s), and any financial records that support your current financial situation.

    Ignoring your tax debt can lead to severe consequences, including increased penalties, interest charges, and potential legal action by the IRS, which may result in wage garnishments or liens on your property.