Tax Resolution
The experts at Patriots Tax & Accounting in Fredericksburg, VA help individuals remain compliant with the IRS while minimizing tax liabilities. In the event the IRS informs you that your taxes were incorrectly filed, you can rely on help from one of our CPA’s to set your records straight. How Does Tax Resolution Help? Our […]
Read More...Obtaining IRS Files
Did you know that the IRS is very accessible and has copies of a lot of people’s files? Most taxpayers would be surprised by this information but getting your hands on their file can help resolve any tax problems. Obtaining an official copy from them should only happen through legal means with someone who understands […]
Read More...Offer in Compromise
The Offer in Compromise program allows taxpayers to settle with the IRS on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay. The IRS Code states: “We will accept an Offer in Compromise when it is unlikely that we can collect the full amount owed and the amount you […]
Read More...IRS Payment Plan Services
If you have a tax debt with the IRS, it might be worth considering an offer in compromise. This program gives taxpayers more time and flexibility to produce payments while still getting their debts reduced if they meet certain qualifications. It is important to note that penalties and interest will continue to be charged on […]
Read More...IRS Seizures Services
Unlike the levy, which involves intangible assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures usually happen in aggravated cases when someone ignores many requests by the IRS over a lengthy period of time to pay their outstanding taxes. Can Seized Property be […]
Read More...IRS Wage Garnishment Services
The IRS finally decided to take their money. You received a letter from them 30 days ago and ignored it, now they are coming after everything you have on payday. What Should I do if I Receive Notice of Intent to Levy? Contact Patriots Tax and Accounting immediately after receiving notice of intent to levy […]
Read More...IRS Levy Services
Levies are the IRS’s way of getting your attention. They can really do a lot of damage and ruin everything you have worked for. A levy can take everything you have like checking accounts, stocks, Social Security and more. The IRS can, and will, take these assets without warning. What Should I do if I […]
Read More...IRS Lien Services
The IRS has the legal right to seize everything you own, including real estate and accounts receivable. The Federal Tax Liens can really make your life miserable! When taxes are not paid there is a lien against all assets – especially if they have been obtained through loans or mortgages with banks for property ownership. […]
Read More...