Clarity Tax Resolutions Offers Installment Agreement Solutions
Simplify IRS Case Closure with Professional Assistance At Clarity Tax Resolutions, we specialize in guiding you through IRS procedures with ease, focusing on Installment Agreements and Hardship Status to settle your pending IRS cases.
How Does the IRS Ascertain the Resolution of Your Case?
The IRS examines your financial situation by reviewing your financial statements on Form 433A or Form 433F. Based on this information, they decide how to close your case. If you don’t qualify for Hardship Status, an Installment Agreement allows you to pay your tax debt over time.
Advantages of Getting a Payment Agreement Fast
- Stops Collection Actions: Prevents additional IRS collection efforts against you.
- Affordable Payments: Makes monthly installments manageable.
- Peace of Mind: Restores your life without constant IRS collection threats.
- Levy Release: Ensures any levies filed during the case are released by the IRS.
Streamline Agreement
If your total tax debt, including penalties and interest, is less than $25,000, the Streamline Agreement offers a quick solution. To be eligible, all your tax returns must be filed, and you must be current with estimated tax payments or withholdings. The remaining amount must be paid within 60 months or before the statute of limitations period expires.
Benefits:
- Fast Resolution: We can usually create a Streamline Agreement in less than an hour.
- No Financial Statement Required: Simplifies the process.
Extended Duration Agreement
Also known as an Installment Agreement or Part Pay Agreement, this option requires more comprehensive documentation. Depending on the IRS division handling your case, you may need to complete Form 433A or Form 433F and provide bank statements, pay stubs, bill copies, and possibly canceled checks.
Important Points:
- Detailed Review: The IRS thoroughly examines these cases.
- National Standards Program: Limits allowable expenses per category.
Handling this process on your own can be challenging. Our experts at Clarity Tax Resolutions can negotiate better terms for your agreement and ensure it is properly presented for approval.
Clarity Tax Resolutions: Why Choose Us?
- Expertise: Our team includes former IRS agents with extensive knowledge of IRS policies and procedures.
- All-Inclusive Service: We oversee your case from beginning to end.
- Client-Centered Solutions: We prioritize your financial security and offer realistic, affordable tax relief options.
Concerns Regarding Installment Agreements?
If you have any questions, please email us! We can assist if the IRS filed an amended tax return on your behalf. We are familiar with the National Standards the IRS uses in all cases and are here to help.
Contact Clarity Tax Resolutions Today
Secure your financial future and resolve your IRS issues by contacting Clarity Tax Resolutions now.