IRS Tax Problems
Have you received a Colorado tax notice and aren't sure what to do? Fraser, Waldrop & Company CPAs Inc. helps people with all kinds of Colorado state and IRS tax problems. We can save you time and aggravation by working with the IRS on your behalf. We provide assistance to remove tax liens and levies, end wage garnishment, guide you through an audit or get your back taxes filed.
Not filing your taxes can happen for many reasons. Maybe your records were incomplete or you did not have the money to pay at the time. We can help you resolve any past issues, file your back taxes and work with the IRS to resolve the matter on your behalf. When you work with a trusted CPA, you can rest assured that we will do all we can to minimize your back tax debt and any penalties associated with your failure to file. Getting up to date on back taxes is the very first step you must take. The IRS will not allow you to use other tax debt relief options like an Offer in Compromise or Installment Agreement until your back taxes are filed.
If you have received a notice that you are being audited by the IRS, contact us immediately. We can help you though this difficult time and help ease your worries. By working with an experienced tax professional you can be sure that we will work out a fair solution that keeps your tax liabilities to a minimum.
You should never ignore a letter from the IRS. The IRS has the legal ability to levy your wages, property, bank accounts, and even your retirement accounts. Contact us immediately and we will begin to negotiate with the IRS on your behalf. When you contact the IRS through a CPA, it suggests that you are trying to resolve the matter quickly and are acting in good faith to resolve the problem.
If the IRS notifies you of taxes owed and you fail to pay, they can place a claim on your property or even seize it in order to collect the taxes that you owe. A lien attaches to all your property such as your house, car and wages and your bank accounts. Tax liens can hurt your credit score and keep you from getting a mortgage or car loan. We know how to get a lien released so it will be removed from your credit report.
Wage garnishment is when the IRS notifies your employer that you have unpaid tax debt. Your employer is then obligated to send part of your wages to the IRS to satisfy your tax debt. Can you afford to live on only part of your paycheck? Contact us immediately and we will help you work with the IRS to potentially work out an arrangement to settle your debt and have the wage garnishment removed.
Don't ignore a notice from the IRS. Get started on the path to relief by calling us at 303-759-3124 now or request a consultation through our website.