Michael D. Sullivan, a Former IRS Agent, leads a nationwide team of tax professionals at MD Sullivan LLC, based in Florida. Our team includes experienced Tax Attorneys, Lawyers, CPAs, Enrolled Agents, and ex-IRS Agents, offering over 250 years of combined IRS resolution experience. We specialize in resolving IRS back tax penalty cases efficiently and effectively. Michael D. Sullivan provides immediate representation to stop IRS intrusions into your business and personal life, ensuring peace of mind. For IRS tax relief, expert tax solutions, and top-tier tax services in Florida, trust MD Sullivan LLC.

For those who ended up affected by a disaster declaration and granted an extension of your time to file your 2023 federal money tax return, don’t forget to file and pay because of the Feb. three, 2025 deadline. Examine far more with the #IRS: pic.twitter.com/hQ2b3ZKcuC

IRS offers in compromise will help you settle tax credit card debt for less than you owe, However they're difficult to qualify for.

Documentation for Type 433-A (OIC) will contain things like financial institution statements and pay out stubs, Allec states. This really is what the IRS will use to do The maths and Test your belongings and also compute your offer in compromise total.

Multiply your Web disposable money by the amount of months remaining right up until your IRS credit card debt drops off. 

Be aware: All Global tests facts is subject to alter while in the desire of ensuring the well being, safety, and effectively-staying of SEE candidates and Prometric exam center staff members.

You’ll carry out extensive exploration and use the law on the details to ascertain acceptable resolution. You’ll function in a very collaborative group natural environment to solve the tax disputes in a fair and neutral manner. 

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During his presidency, Joe Biden had accredited options to hire roughly 88,000 IRS agents above the subsequent 7 yrs—a transfer that was anticipated to raise tax revenues from the U.S.

An effective penalty abatement could help you save thousands of dollars, Even though you still need to pay the original tax sum.

In These types of special circumstances, the influenced taxpayer could receive a late submitting or late payment penalty see within the IRS to the postponement time period. The taxpayer need to get in touch with the amount within the discover to possess the penalty abated.

For those who qualify for our support, you’ll be assigned to one advocate who'll be with you at every switch. And our provider is always absolutely free.

Most suitable individuals previously gained their Economic Effects Payments. People who are missing stimulus payments really should evaluation the data over the Recovery Rebate Credit score site to determine their eligibility to claim the credit score for tax 12 months 2020 or 2021.

Jon Morgan, CEO and editor in chief at Undertaking Smarter, a company consultancy firm, provides that the IRS will choose to see that applicants have manufactured substantial endeavours to repay their debts before turning to an OIC.

Taxpayers who qualify but did not claim any portion of the credit score on their 2021 tax return need to get these payments by late January 2025. The payment will probably be sent towards the checking account shown to the taxpayer’s 2023 tax return or to your IRS tax resolution services handle of history.