Owing taxes to the IRS can be a problem and cause a lot of uncertainty. For people paying the full amount is just not possible. The good news is that the IRS offers a way to pay your taxes in amounts over time and this is called an installment agreement. However to get one of these agreements you have to be very careful about how you fill out your papers and you have to follow all the rules. It is an idea to get help from a professional so that everything is done correctly from the start.
At E.E. Accounting Solutions LLC we help people with installment agreements and Edith Alvarado CPA is in charge of this. She is a public accountant and makes sure that everything is done according to the rules. Our job is to look at your situation figure out the best way for you to pay your taxes and make sure that the proposal you send to the IRS is accurate and reasonable. If we do this correctly it can help reduce the risk of problems on.
What is an IRS Installment Agreement?
An installment agreement is a plan between you and the IRS that lets you pay your taxes over time. This might sound simple. The IRS looks at a lot of things before they approve it including:
- How much you owe
- If you have filed all your tax papers on time
- How money you have coming in and going out
- What you. What you owe on those things
- If you have paid your taxes on time in the past
If you send in papers with missing information it can slow down the process or even cause more problems. That is why it is an idea to work with E.E. Accounting Solutions LLC because we make sure everything is correct before we send it in.
Why Do You Need a Professional to Help You?
An installment agreement should not just be about getting the IRS to say yes. It should be about making a plan that you can really follow. That will help you in the long run. A lot of people try to deal with the IRS on their own without understanding what they need to do. This can lead to problems like paying much each month or not being able to follow the plan.
When you work with Edith Alvarado, CPA you get:
- A look at your money
- Help with notices from the IRS
- A look at all the ways you can pay your taxes
- Help filling out the papers you need to send to the IRS
- Someone to talk to the IRS for you
We want to make sure that your plan is realistic. Follows all the rules.
What Services Do We Offer?
At E.E. Accounting Solutions LLC we can help you with:
- Figuring out if you can get an agreement
- Dealing with agreements that need financial information
- Looking at your income, expenses and what you own
- Filling out. Sending in the papers you need for the IRS
- Representing you when you need someone to talk to the IRS for you
- Helping you follow the rules so you do not have problems later
Every case starts with a review to figure out the best way to move forward.
Why Do People Choose Edith Alvarado, CPA?
People choose Edith Alvarado, CPA and E.E. Accounting Solutions LLC because we:
- Have a certified accountant in charge
- Speak English and Spanish
- Follow the rules and are honest
- Give each person personalized attention
- Communicate clearly and in a way that makes sense
- Want to help you follow the rules and avoid problems in the long run
We know that owing taxes can be stressful. We want to help you understand what is going on and make a plan to fix it.
Common Questions About IRS Installment Agreements
Most people can qualify if they have filed all their tax papers on time.. The IRS also looks at your financial situation and if you have followed the rules in the past.
Does an installment agreement stop the IRS from trying to collect taxes?
In cases the IRS will stop trying to collect taxes once you have a payment plan and are making payments on time.. It depends on your specific situation.
Do penalties and interest stop?
Usually penalties and interest keep adding up until you pay your taxes in full. A certified public accountant can help you understand how this works and what you owe.
What happens if you miss a payment?
If you miss a payment you might have problems. The IRS might start trying to collect taxes again. That is why it is so important to make a plan that you can really follow.
Is a payment plan the option for everyone?
Not always. Depending on your situation there might be ways to deal with your taxes. A professional can help you figure out what is best for you.
Why Choose E.E. Accounting Solutions LLC?
When you are looking for help with IRS payment plans it is important to find a company that has licensed professionals and not just people who are trying to sell you something. When you choose E.E. Accounting Solutions LLC you know that your case is being handled by a public accountant who follows the rules and is honest.
We do not promise results. Instead we focus on:
- Making sure your financial papers are accurate
- Negotiating with the IRS in a way
- Making a payment plan that you can really follow
- Helping you follow the rules so you do not have problems
- Representing you in a way that follows tax law
An installment agreement should be made carefully not rushed.
Schedule a Meeting with Edith Alvarado CPA
If you owe the IRS and need help making a plan it is an idea to act quickly. At E.E. Accounting Solutions LLC we can help you figure out what to do and make a plan to deal with your taxes.
Schedule a meeting with Edith Alvarado CPA to talk about your situation and figure out the next steps. Having a help you can make a big difference, in how your payment plan is made and followed.