Tax Resolution Services
CKTax is a full service tax firm specializing in back tax resolution, tax settlements and IRS negotiation. Our licensed tax professionals have save our clients millions of dollars during our more than 15 years in business.Learn more about the services we offer below:
Offer in Compromise:
An Offer in Compromise is a onetime settlement with the IRS based primarily on assets and the taxpayer’s ability to pay the tax debt back based on income and expenses that the IRS will allow. The process takes about 6 months. The IRS will cease collection action while an Offer is pending. The taxpayer must be in compliance with tax filing before submitting an Offer in Compromise. Personal, business taxes and payroll taxes including civil penalties can be compromised in an Offer in Compromise. The IRS has strict guidelines in the submission and acceptance of an Offer in Compromise. It is important to have aggressive and competent representation to ensure a processable offer and acceptance at the lowest possible amount. Read more about Offer In Compromise. To see if you qualify for an Offer in Compromise, click here.Stop IRS Levy / Wage Garnishment:
If your wages have been levied or the IRS is threatening to levy, we can help. We can put a stay of collection on your account or have the levy released if one has already been sent to your employer. Knowing what a hardship it can be to have your wages seized, we move quickly to have the levy released. We will prepare any returns that need to be prepared (the IRS will require you to be in compliance with tax filing before the release of a levy). We will discuss options on how to resolve any tax balances, including an Offer in Compromise, Installment Agreement or Uncollectible. Read more about IRS Levy Release. If you have received a levy or levy notice, for a Free Consultation, please click here.Installment Agreement:
An Installment Agreement is a payment plan set up with the IRS. If the tax debt is under $25,000 one can usually be set up by streamline method over 5 years. If the tax debt is over $25,000 but under $100,000 financial information must be provided and the case will need manager approval. If the case is over $100,000 it is handled in the Buffalo dept. of the IRS or the high dollar unit. With competent representation a taxpayer will ensure an Installment Agreement at the lowest monthly payment the IRS will accept. Read more about Installment Agreement. For a Free Consultation, click here.
Back Tax Solutions:
If you need to file the current year, or it has been twenty years since you have filed, we offer professional and prompt tax preparation. If you do not have the records, we can obtain them from the IRS, usually within 48 hours. If it has been many years since you filed have a tax return, it might be possible to close out some of the years. The IRS will require you to be in compliance with the filing of any tax returns before an Installment, Offer in Compromise, Uncollectible or having a levy released. Once the returns are prepared, if there are balances, we will discuss tax negotiation options with you. Read more about Back Tax Solutions. For a Free Consultation, please click here.Payroll Tax Resolution:
Payroll taxes include 940, 941 taxes and civil penalties. The IRS is aggressive in collecting payroll taxes that have not been paid. The IRS can assess the Trust Fund Recovery Penalty against any person who is responsible for collecting or paying withheld income taxes and employment taxes or for paying collected excise taxes and willfully fails to collect or pay them. The amount of the penalty is equal to the unpaid income taxes withheld plus the employee’s portion of the withheld FICA taxes. Once the amount is assessed the IRS can take collection action against personal assets of the person to whom it was assessed. The IRS has recently become more aggressive in filing criminal charges against those who refuse to comply with the filing and paying of payroll taxes. Read more about Payroll Tax Resolution. We have over 15 years of experience in payroll and business tax issues. For a Free Consultation, click here.
IRS Audit Defense:
An IRS audit usually begins with a letter from the IRS stating ''Your return has been selected for an examination.'' This does not mean you are dishonest and the inquiry does not necessarily mean you will be assessed more tax. There are 4 kinds of IRS audits:1. Correspondence Audit - a letter from the IRS Service Center requesting that you send additional information to support the deductions on your return.
2. Office Audit - Also usually arrives by mail. The letter identified specific items on the return and asks for you or your representative to bring in certain substantiation and/or documents to the local office for the auditors review.
3. Field Audit - An IRS agent will personally notify you that your return has been selected for an audit. The agent will want to conduct the audit at your place of business.
4. TCMP (Taxpayer Compliance Measurement Program) - Primarily an information audit for the IRS to update their scoring system.
Read more about IRS Audit Defense. You have a legal right to representation. CKTax can represent you and aggressively negotiate and handle your audit. We deal with the IRS so you don't have to. If you have been audited, contact us today for a Free Consultation.
Uncollectible (section 53):
Uncollectible is a temporary stay of collection due to a hardship on the taxpayer. This can be unemployment, medical, family or any other temporary hardship making it impossible for the taxpayer to set up an Installment Agreement or pay the tax debt back at this time. It will not reduce the taxes due or stop interest and penalties from running, but will take the account out of collection until the temporary circumstances change. If you have a hardship and would like a Free Consultation, click here.Innocent Spouse:
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*The taxes owed are your spouse’s or ex-spouse’s.*You thought your spouse would pay taxes on the original return.
*You would suffer a financial hardship if you were required to pay the taxes.
*You did not significantly benefit from the unpaid taxes.
*You suffered abuse during your marriage.
To see if you might qualify for an Innocent Spouse, click here.
Get Started Now!
If you owe back taxes that you can't pay, request your FREE, No Pressure, Consultation by filling out our FREE Consultation Form or calling our offices at 1-888-894-2005.If you have a tax resolution related question, feel free to ask us using our Ask A Question page.
Experience You Can Trust Since 1995!
CKTax takes customer satisfaction seriously. With nearly two decades of results and an "A+" RATING with the Better Business Bureau, we aim not only to meet your expectations, but to exceed them. We are commited to excellence in Tax Relief as well as being a company that gives personal attention to each and every client. It has been an honor to serve our clients and we look forword to serving you. Read "10 Reasons To Choose CKTax"
