Tax Fighters Services is a tax resolution and financial services company that specializes in helping individuals and businesses resolve tax issues with the IRS and state tax agencies. Our team of experienced tax professionals offers services such as tax debt relief, tax settlement negotiations, audit representation, and proactive tax planning. We aims to alleviate the stress of dealing with tax problems, offering tailored solutions to reduce liabilities and ensure compliance with tax laws. Our focus is on providing personalized, strategic support to achieve favorable outcomes for their clients facing tax challenges.
An IRS Offer in Compromise (OIC) is a program that allows taxpayers to settle their tax debt for less than the full amount owed. It is typically offered to taxpayers who are unable to pay their full tax liability due to financial hardship or other special circumstances. To qualify, taxpayers must demonstrate that paying the full amount would create an undue financial burden or that there is doubt about the collectability of the debt. The IRS evaluates factors such as income, expenses, and assets before approving an OIC. If accepted, the taxpayer must agree to specific terms, and the debt is considered resolved once the offer is paid in full.
The IRS Currently Not Collectible (CNC) status is a temporary status granted to taxpayers who are facing financial hardship and unable to pay their tax debt. When placed in CNC status, the IRS halts collection actions like wage garnishments or bank levies, acknowledging that the taxpayer’s income and assets are insufficient to cover their obligations. This status is usually reviewed periodically, and if the taxpayer's financial situation improves, the IRS may resume collection efforts. However, the tax debt remains, and interest and penalties continue to accrue during this time. We provide the following services
IRS penalty abatement is a process that allows taxpayers to request the removal or reduction of penalties imposed for late filing, late payment, or underpayment of taxes. Taxpayers can qualify for penalty abatement if they can demonstrate reasonable cause, such as illness, natural disasters, or other circumstances beyond their control, or if they have a history of compliance and are eligible for the IRS's First Time Penalty Abatement program. If approved, the IRS may waive the penalties, though interest on the unpaid tax balance will still accrue.
Tax Fighters Services
8275 South Eastern Avenue, #515 Las Vegas, Nevada 89123, United States
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