TheTaxGuy

Do you owe back-taxes to the Internal Revenue Service (IRS)? The IRS has several programs to resolve your debt, including payment plans (Installment Agreements) and an Offer-in-Compromise (OIC) to settle the debt for less than the full amount owed. The IRS may also determine you are unable to make payments and place your account in Currently Not Collectible status (CNC).

The decision on which of these alternatives is best is really dependent upon your financial situation and how much times remains on the ten-year IRS Collection statute. For example, to be eligible for an OIC, you must show that they are unable to pay your full tax liability within the time remaining on the ten-year statute. The financial information provided and reviewed by the IRS will be used to determine how much of a discounted amount they will accept in full payment of the outstanding tax debt.

At Joshua Scott & Associates, LLC, we specialize in offering IRS Representation services, including handling Installment Agreements, having clients placed in CNC, and Offers-in-Compromise. Our team of experienced professionals are knowledgeable about all aspects of Tax Law and have access to nationwide resources that can help make your experience with us seamless and stress-free. We can provide guidance on filing returns, appealing cases and negotiating payment terms with the IRS.

We understand how overwhelming it can be dealing with tax issues, so let us take care of that for you. Contact us today at 336-517-7506 or visit our website at Joshuascottassociates.com to find out more about our services and how we can help you resolve your debts faster and easier than ever before.

Joshua E. Scott, MBA, EA
Joshua Scott & Associates, LLC
717 Green Valley Road, Suite 200
Greensboro, NC 27408
Ph. (336) 517-7506
Fax (336) 464-2557