contact@timberlinetax.com (844) 345-3250

IRS Representation

  The IRS has two primary ways to collect on tax debts: Tax Liens & Tax Levies. IRS liens are filed to protect the government’s interest in property that taxpayers own. When the lien is filed, it attaches to all tangible property that is recorded through the taxpayer’s local county clerk and recorder’s office. By filing this

The Internal Revenue Service will assess penalties on the account for a failing to file a tax return, failing to pay tax on a return, failing to pay unreported tax, failing to remit Estimated Tax Payments (individuals) and Federal Tax Deposits (businesses), and if a payment comes back as dishonored. The Following is a breakdown

  What is an IRS penalty abatement letter?   This is a written request that is submitted to the IRS in an attempt to reduce or remove the tax penalties that have been assessed to an account.   What is an IRS penalty abatement reasonable cause letter?   This is a formal request for the

  What is the IRS Offer in Compromise calculator?   The Offer In Compromise calculator is a pre-qualifier tool that individual taxpayers can use initially to determine if they qualify for a settlement with the Internal Revenue Service. Financial information is input by the user to calculate an initial offer amount that can be offered

  No matter the circumstance or the financial condition of the taxpayer, if a federal tax balance is accumulated, IRS penalties and interest will be imposed to the period in which tax is accrued. This is inevitable and unavoidable in the majority of circumstances.   Most Common Penalties   Failure to Pay (FTP) (IRC 6651):   

Are you thinking about filing an Offer In Compromise form with the IRS? There are many types of resolutions available for taxpayers but knowing what you qualify for is crucial. A good majority of individuals will qualify for a standard payment plan; however, if there are more extreme financial issues apparent, then a settlement can

The standard length of time a taxpayer will be on an IRS Installment Agreement is 6 years (72 months). Negotiating an affordable payment plan can prove to be difficult for the uninformed taxpayer; however, if you know your rights, an affordable agreement can be obtained. IRS Installment Agreement Guidelines: If you cannot full pay a tax

Call for a Free Consultation: