Alleviate the Weight of Back Taxes with City Tax
Avoiding payment of back taxes is not a viable solution.
Neglecting to pay back taxes isn’t a solution, as disregarding the IRS can worsen the situation. Besides accruing high interest rates, you may face substantial penalties, rapidly increasing your tax burden. Prolonged avoidance of back taxes can prompt IRS actions like bank account seizures and property liens. Additionally, the IRS may implement a tax offset, withholding your tax refund and applying it toward your outstanding tax liabilities.
How Can We Help?
City Tax is your premier tax consultancy, equipped to resolve a spectrum of tax disputes. Entrust us as your ally in managing your back taxes, and allow our expertise to guide you through the intricacies of the tax system.
Manage Back Taxes Through Installments: Opting for monthly installments is an effective method to settle tax dues, significantly easing your financial burden.
Address Unfiled Tax Returns: Our team meticulously reviews your unfiled tax returns, enabling settlement of back taxes through these filings. Many individuals have unfiled returns due to inaccuracies in refund calculations.
Negotiate Tax Debt: If financial challenges arise, negotiation of back tax amounts is an option. The IRS may consider compromises based on your financial circumstances. At City Tax, we facilitate negotiations with the IRS to secure favorable outcomes for our clients.
Seek Currently Not Collectible (CNC) Status: Individuals experiencing severe financial hardship can seek CNC status, indicating to the IRS their current inability to pay. We provide support in appealing for CNC status based on your financial condition.