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Skip to content Dealing with Trust Fund Recovery Penalties (TFRP) isn’t exactly a walk in the park. Navigating the complex twists and turns of IRS norms can leave anyone daunted. It’s more than just reading a thick booklet of instructions – it’s decoding cryptic tax statutes that seem purposefully riddled with jargon. At IRSProb, we simplify this maze for you.
Our band of seasoned specialists possesses the know-how and experience to unravel the complex world of TFRPs for you. Whether you are grappling with the the basics of TFRPs or more advanced issues, IRSProb is dedicated to demystify these for you. We help our clients understand, plan, resolve and prevail over tax issues, saving them the needless stress and anxiety.
Our commitment to providing impeccable TFRP solutions is built on extensive knowledge, dedicated focus, and customer-centric approach. At IRSProb, we try to make the intimidating process of getting through TFRPs as painless as possible, ensuring you always emerge from this labyrinthine IRS maze feeling capable and confident.
TFRPs aren’t just another countenance in the IRS’s tax beast gallery. They are the green-eyed monster every responsible party dreads. TFRPs can result in severe penalties for a business’s unpaid, withheld payroll taxes. Understanding how these penalties work and when they apply can spell the difference between smooth sailing and iceberg collision.
Fortunately, the experts at IRSProb can help tame this unruly creature. Our professionals understand the nuts and bolts of TFRPs – from the fundamentals to every nook and cranny of this often misunderstood domain. We guide our clients at every step, providing them invaluable insights that allow them to make informed decisions.
Taming the green-eyed monster of TFRPs is no child’s play. It requires a deep understanding of IRS norms, stoic patience, eagle-eyed vigilance, and an unswerving sense of responsibility. That’s why it makes perfect sense to hand over this daunting task to professionals who have the resources, knowledge, and drive to handle this mammoth task.
“Wait a minute,” you may say, “IRSProb isn’t located in Allen, TX. How can it offer localized solutions?” The answer is simple. While our headquarters may not be physically located in Allen, TX, our services stretch well beyond geographical confines. We understand that the needs of our clients span across county lines, and therefore, IRSProb ensures that we serve each client, irrespective of their location.
We provide Texas-sized solutions to the residents of Allen, TX in dealing with TFRPs. As we appreciate and understand the unique business environment of Allen, we craft personalized strategies for our clients in this region, always taking into account local norms, regulations, and intricacies.
Our track record of providing exceptional services in Allen, TX is a testament to our commitment to serve this region. The residents of Allen can be assured that when they team up with IRSProb, it’s like having a home-field advantage. You will experience service that not only understands TFRPs but also deftly caters to the specific needs of businesses and individuals residing in Allen, TX.
In the world of taxation, there’s no one-size-fits-all. That’s why IRSProb focuses on providing tailored solutions that fit our clients’ needs just right. So, for Allen, TX businesses and individuals grappling with TFRPs, remember – IRSProb has your back, promising a seamless journey towards resolution.
In the myriad of tax regulations that the IRS has stowed away, hidden in the shadows is something known as the Trust Fund Recovery Penalty, or TFRP. These penalties can be a real thorn in the side of business owners, ratcheting up additional costs that could pack a painful punch if not addressed properly. That’s where we come into play. At IRSProb, we can maneuver through the tax labyrinth with our eyes closed, making us more than equipped to help Allen, TX residents tackle the beast that is TFRP.
Why us, you wonder? Well, it’s simple. We’re defined by three ‘E’s – Expertise, Empathy, and Effectiveness. Our team comprises tax professionals who are well-versed in every nuance of tax resolutions, and TFRP is no exception. We empathize with your situation and make it our priority to ease your burden by developing effective strategies that can mitigate your penalties. Even though we’re not physically located in Allen, we’ve worked earnestly for the residents, weathering IRS storms side by side.
Having navigated countless clients through taxing times, we know that each case is distinct. The combination of information, the financial situation, and the IRS’ stance determines the course of action. It’s like constructing a tax puzzle and we’re seasoned puzzle solvers. We tailor our problem-solving tools to fit your unique circumstances, and we’re proud to say we’ve saved our clients a hefty Texas-size portion of money.
Skip the guessing game when it comes to TFRP – we’ve cultivated some answers to those tricky questions that bounce around in your mind all day. We believe that accessible knowledge equals empowered individuals; hence we tackle FAQs without the tax jargon that leaves you scratching your head.
Ever wondered if you’re liable for TFRP? Well, the simple answer is ‘maybe.’ TFRP usually applies to employers who collect payroll taxes but fail to pay them to the IRS. However, ’employers’ is an umbrella term that can refer to an officer, director, shareholder, or employee responsible for collecting these taxes. When the IRS alleges TFRP, it’s like a red flag saying “we think you’re personally liable to pay.” This judgment isn’t always accurate, hence, our role is to step in and challenge this assessment.
Naturally, you might be curious about the penalty rate. Brace yourself – it’s 100% of the unpaid tax. It’s a no-joke situation that demands a no-nonsense solution which we’re equipped to provide. Good news is, you usually have 60 days to appeal this decision. In such situations, IRSProb sprays some magic tax dust, constructing the most compelling arguments to reduce or nullify your penalties.
The TFRP notification can be a shock, like a twist in your favorite thriller. It’s a frightening moment where you’re hit with impending doom that would give you sleepless nights. Well, loosen up that anxiety knot because help is here. IRSProb stands by the Allen community, bridging the gap between complicated tax challenges and deserving relief.
We know that the IRS isn’t the bad guy here; they’re merely functioning within their regulatory framework. The real culprit is misunderstanding or mistranslation of these rules. Like a tailored suit, our solutions are perfectly fit to save you from unnecessary discomfort. We don’t apply cookie-cutter solutions, instead, we adopt a personalized approach, working meticulously to resolve your case.
Starting with a thorough assessment of your situation, we remain with you every step of the way. Clawing your way out of TFRP doesn’t have to be a solitary fight – we’re devoted to helping, guiding, and supporting Allen’s residents. Remember, the best way to resolve a problem is to confront it. Reach out to us today and let’s tackle your TFRP, turning your tax tribulations into triumphs! Remember, it’s never you against the IRS – it’s us together against a challenge. With IRSProb, relief is but a phone call away.
Tax consultation involves professional advice provided by experts to help individuals or businesses understand and manage their tax obligations effectively.
Tax preparation involves the process of compiling and filing income tax returns, often with the assistance of a professional, to ensure accuracy and compliance with tax laws.
Tax resolution encompasses the services and processes aimed at resolving tax disputes and liabilities with tax authorities, often involving negotiations, settlements, or compliance strategies.
Presenting your case to the IRS in order to dissociate your from penalties due to your spouse’s inability to pay their taxes.
Ensuring that your rights are respected by IRS agents, and serving as your authorized representative knowledgable in tax law.
Assisting you with resolving delinquent employee income tax withholdings, associated penalties and abatement.
Providing professional guidance so that you can pay off your tax debt for a fraction of the original cost if you qualify.
Guiding you through the process of negotiating a release of the lien through an installment plan with the IRS.
Specializing in filing Installment Agreements and helping taxpayers unable to fulfill their existing IRS payment agreements.
A tax levy is a legal action taken by tax authorities to seize property or assets to satisfy a tax debt when other collection efforts have failed.
A tax lawyer is a legal professional specializing in tax law, who advises and represents clients on complex tax issues, disputes, and compliance matters.
Tax help refers to assistance provided to individuals or businesses in managing and fulfilling their tax obligations, often through advisory services, filing support, or dispute resolution.
CLICK HERE or call (833) IRS-PROB or (214) 214-3000 to speak to a tax associate today. They will outline the specifics of your case and help map out your options moving forward. If you’ve received any certified mail or other threatening correspondence recently, make sure and tell them so they can take the necessary steps to intervene with immediate action. Don’t wait until it’s too late! Relief is just a simple phone call or click away.
Prices will vary considerably depending on the scope of work needed to be done and complexity to your general liability issue. We have been in business for over twenty-five years, and find that it benefits the consumer to pay a fair fee for a fair service. There are simply no cutting corners. In many cases we offer interest free financing of our fee, allowing you to make payments over time. A general range for our services is as follows: simple tax returns can cost a few hundred dollars each, simple tax resolution cases can be between fifteen hundred and twenty five hundred each, and more complex cases can cost in the thousands. As fees vary based on work, such as returns needing to be filed and garnishments needing to be lifted, please contact one of our tax associates for a free evaluation of your options and to better price your tax issues.
For most cases involving a tax liability, we begin representation by having you sign and remit to us several IRS forms. The first is an 8821, which allows us to order your master tax file and see how much is owed and for what years. The second form is a 2848 which allows us to speak directly to the IRS on your behalf so that we can request a hold against collection action and negotiate directly with your assigned revenue officer. We then send you a financial questionnaire which must be filled in and sent back to us. At that point, there will be discussions as we work to prepare your resolution matter and/or negotiate directly with an assigned revenue officer. Depending on the resolution matter, cases will vary moving forward, but these are the basic steps to getting represented.
The specific steps involved in an IRS tax resolution case will vary depending on the specific circumstances of the case and the resolution options being pursued. However, generally speaking, the following steps may be involved:
The first step of getting the ball rolling and signing up with us is always the hardest. This begins with a call to us at (833) IRS-PROB or (214) 214-3000. Call Today!
IRSPROB.com is a tax resolution firm, not a law firm in the state of Texas. Since we deal with income taxes, we work at the Federal level. Our sole area of focus is on mediating and resolving difficult tax liability matters before the IRS and State taxing authorities. We are a team of dedicated tax professionals with one singular goal in mind: to get you the best tax relief results possible. That means rolling up our sleeves and tackling wage garnishments, bank levies, un-filed tax returns, settlements and calming aggressive revenue officers. We have tax preparers, certified public accountants, attorneys, and enrolled agents available to work on the cases of our clients as required by the case.
Yes, but ask questions. Tax mediation and collection work is a specialty niche service, and is one the requires years of experience and knowledge. While your local CPA or Attorney may have a general understanding of your liability issue, the difference between our specialties is similar to hiring a general physician to perform open heart surgery; education and experience are dramatically different.
IRS Tax issues is all our firm does, and we have become an expert in the field, consulting both individual taxpayers and corporations across the nation for the past twenty-five years. As our volume of cases is so high, we are able to offer our services at affordable rates relative to some attorneys or CPA’s who charge by the hour with limited knowledge of the Internal Revenue Code, US Treasury Regulations, Internal Revenue Manual, and other IRS procedures, letters, and announcements that change on a weekly basis.
We are located in Dallas, Texas and serve clients across the nation. Our mailing address is:
IRSPROB.com
14800 Quorum Drive, Suite 140
Dallas, Texas 75254
For most of our clients, we service them easily through phone, chat and email. However, we understand that some of our clients prefer meeting in person. We have beautiful facilities and meet with clients everyday. If you would like to setup a time to come in, simply call a tax associate and they will schedule an appointment.
Yes! We are one of the only firms in the nation with years of experience in these high dollar value cases!
If you have a tax debt, and the IRS or state collection agencies are in the process of collecting, both individuals and businesses can qualify for certain tax relief measures. These could be a reprieve against collections wherein all notices and threats of asset seizure are suspended, an agreement to waive accrued penalties on the initial tax liability, or in certain cases a suspension of collection altogether and a mediation of the tax liability. As qualifications for these measures vary from case to case, understanding your options and getting current with an accurate road-map are important considerations our associates will sit with you and go over in depth.
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