Help With Back Taxes And Installment Agreements
We know that owing money to the IRS can be a stressful, even devastating experience. That’s why we’re here to help!
When your taxes are overdue, you need someone on your side—someone who knows how to get back on track. We’re here to help!
Tax season is coming up fast, and if you’ve got any unpaid taxes lingering, it’s time to get them taken care of. Our team of expert tax accountants provides solutions for every situation—no matter how complicated your situation might be.
What are Back Taxes?
Back taxes are taxes you owe to the IRS that have not been paid yet. They can be on the federal and state levels.
If you don’t file a tax return, the penalty is 0.5% of the amount due. You’ll be charged this penalty every month until your tax debt is fully paid or the penalty reaches 25% of the tax owed. The IRS also charges interest on the unpaid amount. This interest rate changes quarterly.
If your back taxes remain unpaid, you could face serious legal consequences. The IRS may garnish your wages or seize assets and property using tax liens and levies.
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Schedule a FREE consultation with our Experts to see how we can solve all of your Tax Problems.