Premium Tax Resolutions, Inc.

In most cases, clients are looking to resolve their tax issues with an affordable payment plan.  Our licensed professionals can conduct a thorough financial analysis to secure the lowest possible monthly payment.

In cases where clients cannot afford to make payments on thier tax debts, they may qualify for non-collectable status.  As part of our case analysis, we will determine if you meet the qualifications for non-collectable status.  If you qualify, the IRS or State will agree not to attempt to collect your tax debt for a specified time.  Since the IRS and many states have a limited time to collect your past-due tax debts, non-collectable status may result in significant savings if your financial situation does not improve.  Not every State offers a non-collectable option, so it is important that your representative knows what options are available to resolve your particular situation.

For some clients, an Offer in Compromise may be the best option available.  With an Offer, the IRS or State agrees to settle your tax debt for some lesser amount.  The benefit of an Offer is that it is a final resolution of the tax debts settled.  However, Offers are difficult to obtain and require consideration of issues beyond the scope of a simple financial analysis, such as future income potential and prior transfers of assets.  Some States do not accept Offers. 

There are a number of companies which regularly sell new clients on the promise of an Offer in Compromise, often at a cost of several thousand dollars in up-front fees.  Although an Offer is a very powerful, and often desirable, tool to resolve your tax debt, it is unlikely that any company will have enough information during an initial consultation to determine if an Offer is a viable option for your case.  Our tax professionals have experience with Offers and will make sure that your case has a good chance of success before recommending an Offer in Compromise.

The IRS and States regularly file tax liens against people who owe them money.  The liens can have a devastating effect on your credit score and can prevent you from buying or selling assets or refinancing your home. 

There are a number of possibilities to diminish the effects of liens or to facilitate transactions that would otherwise be impossible due to the tax liens.  We can help you identify the options available to diminish the effects of the tax liens and in some circumstances can even get the liens released completely.