Tax Resolution & Controversy
Helping You Resolve Tax Issues with Confidence
Tax Resolution & Controversy Services at T&V: Helping You Resolve Tax Issues with Confidence
At T&V (Tehrani & Velez, LLP), we know how stressful it can be to face mounting tax liabilities or IRS notices. That’s why our Tax Resolution & Controversy Services are designed to give you peace of mind. Whether you owe back taxes, need to resolve penalties, or are under audit, our team of CPAs, enrolled agents, and tax specialists will guide you through every step of the process with transparency and expertise.
Unlike many tax resolution firms you hear about on the radio, we pride ourselves on a clear and honest process that sets realistic expectations. There’s always a way to address tax debt—it’s just a matter of finding the best solution based on your financial situation and IRS guidelines.
Our services are broken into two major categories: Tax Resolution and Tax Controversy. Below, we’ll walk you through how each can help you get back on track.
Tax Resolution: A Path to Financial Freedom
Tax resolution services are for taxpayers who are unable to pay their full tax liabilities. At T&V, we break this process into clear, manageable steps to help you find the best possible resolution.
1. Tax Resolution Discovery
The discovery phase is where we gather all the information needed to build your case. This includes:
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Obtaining a power of attorney to access your IRS account.
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Analyzing compliance status, including any unfiled tax returns or missed estimated tax payments.
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Providing a detailed report of your IRS transcripts and account history.
At the end of this phase, you’ll receive a complete analysis of your situation, including which resolutions are most likely to succeed based on our expertise and your financial standing.
2. Application Phase
Once the discovery phase is complete, we move into the application phase.
Common tax resolution options include:
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Offer in Compromise (OIC): Settle your tax debt for less than the full amount owed, based on your ability to pay as defined by IRS guidelines.
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Installment Agreements: Pay your liability over time with monthly payments that fit your budget. This includes streamlined installment agreements for those who meet certain thresholds.
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Currently Non-Collectible Status (CNC): Temporarily pause collection efforts due to financial hardship. In some cases, this status can last until the IRS collection statute expiration date (CSED), at which point the debt is no longer collectible.
Throughout this process, we handle communication with the IRS or any assigned revenue officers, ensuring your case is presented in the most favorable light.
3. Tax Penalty Abatement
Tax penalties can add up quickly, but there are ways to reduce or eliminate them. Penalty abatements typically follow one of two paths:
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First-Time Abatement (FTA): Ideal for taxpayers with a clean compliance history.
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Reasonable Cause: Based on valid reasons such as illness, natural disaster, or financial hardship.
Wherever possible, we prioritize reasonable cause abatements to preserve FTA eligibility for future use. Penalty abatements are especially helpful for taxpayers catching up on multiple years of tax returns.
Tax Controversy: Navigating IRS Notices and Audits
Tax controversy services focus on resolving disputes with the IRS, whether through audits, appeals, or notice resolution.
1. IRS Audits and Examinations
An IRS audit can be intimidating, but we’re here to represent you every step of the way. Types of audits we handle include:
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Correspondence Audits: Typically involve document requests to support positions on your tax return.
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Field Audits: More in-depth reviews where an IRS agent visits your business or home.
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Office Audits: Conducted at an IRS office and often involve more complex cases.
Our team assists with:
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Responding to initial document requests (IDRs).
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Preparing books and records in a presentable format.
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Communicating with IRS agents to clarify and defend your tax positions.
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Representing you during interviews or discussions with revenue agents.
With our expertise, you can rest assured that your case will be handled professionally
and strategically.
2. IRS Notices
IRS notices often require immediate attention, whether they involve penalties, underpayment issues, or discrepancies in filed returns. We help you:
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Understand the notice and its implications.
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Respond promptly and effectively to minimize penalties or resolve disputes.
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Prevent further escalation, such as liens or levies.
By managing these notices for you, we help you avoid unnecessary stress and ensure compliance with IRS regulations.
