Tax Network USA is a tax representation and mediation firm, representing clients from every U.S. state.
For taxpayers who owe the IRS $10,000 or more, Tax Network USA works as a mediator between you and the IRS. Our goal is to attain one of five different tax relief programs for your individual case.
The five types of tax relief are offers in compromise, installment agreement (either partial or full), currently not collectible, or bankruptcy.
The most sought-after form is offer in compromise.
In July 2006, the IRS changed the forms and directions on offer in compromise. The most significant change is that you commence making payments with your offer in compromise. You are allowed two possibilities. The first is paying the full amount within ninety days of when the IRS has notified you that your offer has been accepted, or monthly payments over a maximum of two years from the day your offer was accepted.
The reason why an OIC is so popular is because it is a method in which the taxpayer pays less than what he or she owes. Many assume that everyone can qualify for an offer in compromise, leading to the misuse and abuse of the program. If the applicant commits perjury on their application, the IRS is prepared to crack down.
A partial payment installment agreement may be easier than an offer in compromise, and will still require you only pay a part of what you originally owed.
Tax Network USA strives to attain a resolution strategy that will save you the most money and headache. If you are tired of running from the IRS, give us a call, and we will give you a free compliance call. No fluff and no embellishment; just a reasonable solution.