Tax & IRS Services

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 […]

Have you been duped by your spouse or former partner? If so, innocent spousal relief may be the answer to getting back on track with paying taxes. This is not something that should be taken lightly as it could relieve taxpayers of responsibility for any tax-related debts owed plus interest and penalties if they were […]

If you have been struggling with tax debt, bankruptcy is a viable solution. The rules for qualifying are strict but if they’re met and followed once filed in court, the IRS will not come after you for additional payments. On the other hand, if you do not follow rules set forth in court, the IRS […]

What happens if you fail to pay payroll taxes? The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion is your employees’ withholdings. Not paying this company’s money means you’re stealing from them in some way, and that will not go unnoticed by either agency! As […]

It’s amazing how quick interest and penalties add up. Now you have a choice, pay the bill in full or just keep ignoring it while more money piles onto your plate from this pesky debt. It’s not easy to get away from back taxes you owe. The IRS can garnish your wages, place levies on […]

Failing to file your tax return is a misdemeanor and should not be taken lightly. Tax season is a stressful time. Failing to file your taxes can have negative consequences, such as increasing the amount of interest owed on outstanding debt and losing access to certain benefits that may be available due in part by […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]