Tax Relief Services
Tax relief services are your vital resource if you are burdened by back tax liability. . After all, tax relief provides you a lifeline for regaining financial stability. Besides, when it comes to tax, seeking professional assistance is very crucial for both the business owners and individual taxpayers.
What is tax relief?
For those unfamiliar with this term, tax relief refers to the strategies and programs that help ease the financial burden of balance due with the IRS. It is the best solution for taxpayers who find it challenging or near impossible to pay their tax obligations in full. Undoubtedly, you can think of it as a lifeline that lowers the total tax liability owed or grants you reduced payment plans and penalty waivers.
Common Tax Relief Options
Offer In Compromise
This option enables taxpayers to settle their unpaid taxes for less than the total owed amount. However, it requires proving that paying the full debt would create undue financial hardship. Read more to see who can qualify for OIC.
Installment Agreements
Installment plans allow individuals and businesses to pay their back taxes in manageable monthly payments. The IRS offers various installment options tailored to your financial situation. Read more to check the eligibility criteria for Installment Agreement Plans.
Penalty Abatement
Under certain conditions penalties and interest charges may be forgiven, thereby reducing the overall tax liability.
Innocent Spouse Relief
This relief option is available to individuals who are not responsible for their spouse’s tax liability protecting from their irs back taxes. Read more to check if you are eligible for innocent spouse relief.
Currently Non Collectible Status
If paying your back taxes causes significant financial hardship, you can apply for CNC status. Temporarily suspending IRS collection efforts. Read more to see the eligibility criteria to qualify for this tax relief resolution.
How LifeBack Tax Relief Helps You
It can be overwhelming to navigate the intricacies of tax relief. Thus, LifeBack Tax Relief is ever-ready to assist you every step of the way. We help you find the most suitable and structured resolution to help resolve your unending tax liability. Your back taxes owed will not define your financial future if you reclaim your financial well-being with our top-notch tax relief services. You can rely on us for the following:
Thorough Guidance | Our experienced team of tax professionals will properly study your financial situation to recommend you the most suitable tax relief option. After all, we have an in-depth knowledge of updated tax laws and available tax relief options. |
Expert Negotiation | You can trust us to represent you in direct negotiations with the IRS or state tax authorities. We will do our best to make sure that your voice is conveyed in the negotiation and that we achieve the best possible resolution for you. |
Customized Solutions | We can easily tailor solutions to your specific circumstances. Whether an offer in compromise, an installment agreement, or another tax relief resolution, we find a solution that works best for you according to your specific financial standing. |
Compliant Documentation | To save you from penalties and fines, we make sure that we assist you in gathering all the necessary documents and also ensure that all your filings are accurate and compliant with the tax regulations – we let nothing go amiss. |
Free IRS Transcript Analysis
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