Offer in Compromise
Rona Law Firm will fully analyze your financial circumstances to determine whether or not you will qualify for an offer to settle you tax debt for less than the full amount you owe. Each case is unique so we consider your ability to pay, income, expenses, and equity in any assets.
Rona Law Firm will contact the IRS under the Freedom of Information Act to obtain, investigate, interpret and analyze your Individual or Business Master File, Formal Transcripts, Income Data, and Records of Account for the years in question.
Statute of Limitations
The date and age of your tax debt is an integral part of the resolution process. Each year has its own expiration date. Rona Law Firm will perform a complete “Collection Statute Expiration Date” (“CSED”) analysis to determine whether you can be relieved of your liability.
Installment Agreement & Partial Pay Installments
Rona Law Firm will create a manageable monthly installment agreement to pay off the liability within a reasonable period of time. Depending on your financial circumstances, you may even qualify for a payment plan that pays less than the total balance owed.
Innocent Spouse Relief
Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows them. When filing jointly, both taxpayers are jointly and severally liable for the tax and any additions to tax, interest, or penalties that arise from the joint return even if they later divorce. In some cases, however, a spouse can get relief from being jointly and severally liable.
Payroll Tax Problems
The IRS takes the failure to file and pay all payroll taxes and reporting requirements very seriously. Rona Law Firm's expertise in handling difficult payroll tax problems will be your best defense against aggressive IRS agents.
Offshore Bank Accounts
The purpose of the OVDP (Off-Shore Voluntary Disclosure Program) initiative is to help U.S. Taxpayers disclose previously unreported offshore accounts, assets, investments and income.
Rona Law Firm will properly declare any and all offshore bank accounts in an effort to avoid any criminal prosecution by the IRS.
Allow Rona Law Firm to use its expertise in removing all or some of the penalties associated with your tax liability. Penalties eligible for relief include: failing to file a tax return, failing to pay on time, failing to deposit certain taxes as required, and other penalties as applicable.
Currently non collectible
There are times where you agree you owe the IRS, but you can’t pay due to your current financial situation. If the IRS agrees you can’t both pay your taxes and your basic living expenses, it may place your account in Currently Not Collectible (CNC) status. While your account is in CNC status, the IRS generally won’t try to collect from you.