Tax Resolution Specialists based in Carlsbad, CA
At USiBTS, we specialize in guiding individuals and business owners through the complexities of tax debt challenges. Located in the heart of Carlsbad, California, our proficient team of CPA and EA professionals is adept at handling IRS audits, collection issues, and resolving tax liabilities.
With a strong focus on efficiency and client satisfaction, we're committed to resolving your IRS issues in the shortest time possible. We are dedicated to assisting you in boosting your savings and retaining more of your hard-earned income. We investigate your tax records to identify discrepancies and develop a tailored strategy that aligns with your financial situation.
Our specialized team of licensed tax professionals in Carlsbad, CA, is equipped with extensive knowledge of tax laws and regulations. This enables us to navigate the complex situations of IRS negotiations effectively.
Types of Services Offered by USiBTS
Unfiled Tax Returns
They are a serious issue for many taxpayers, with millions facing the consequences of not meeting their tax obligations. The IRS typically focuses on returns less than three years overdue. Taxpayers with unfiled returns have different options, such as seeking professional assistance to address outstanding tax issues and reduce penalties. Taking proactive steps can help mitigate the risks of enforcement actions by the IRS.
Extension Request
When dealing with back taxes, it's important to consider requesting an extension to pay or setting up a payment plan with the IRS. An extension allows you more time to gather your finances, but any unpaid taxes will still accrue interest and penalties. If you are experiencing significant financial hardship, you may want to consider exploring alternatives such as Currently Not Collectible status or an Offers in Compromise. Consulting with a tax specialist can help you navigate these options and alleviate the stress of owing back taxes.
Penalty Abatement
Dealing with tax penalties can be quite challenging. First Time Penalty Abatement can provide relief by enabling taxpayers to apply for the removal of the failure-to-file penalty, the failure-to-pay penalty, and the failure-to-deposit penalty for payroll taxes. Penalty abatement for reasonable cause is a relief provided by the IRS to taxpayers who can demonstrate that they had a legitimate reason such as serious illness, natural disasters, or reliance on advice of a tax professional. Acting promptly is crucial in increasing the likelihood of reducing or eliminating these penalties. Seek help as soon as possible to minimize the impact of tax penalties and achieve peace of mind.
Installment Agreement
For those needing time to pay off tax bills, we arrange manageable IRS and California FTB payment plans. When considering an Installment Agreement, it’s essential to assess your financial health accurately. The IRS will evaluate your ability to pay when determining the terms of the agreement. They will consider your income, expenses, and outstanding debts. With the help of a tax resolution company like USiBTS, you can negotiate the most favorable terms possible. We will ensure that your monthly installment payments are affordable and sustainable.
Tax Audit Representation
When facing an IRS audit, seeking the support of a specialized team is a smart step. They not only assist in preparing your case but also provide peace of mind during a period that can be fraught with anxiety. By securing professional representation, you can ensure that your audit defense is both strategic and legally sound, ultimately helping you maintain the integrity of your business while addressing any concerns raised by the IRS.
Offers in Compromise (OIC)
It enables taxpayers to negotiate a settlement with the IRS to pay less than the total amount owed. To qualify, taxpayers must meet specific criteria, including tax compliance, financial hardship, and reasonable collection potential. Upon approval, OIC can potentially lead to a reduction in taxes owed, and help prevent aggressive collection efforts by the tax authorities. Our dedicated team can help guide you through the process and improve the chances of a successful application.
Innocent Spouse Tax Relief
The IRS provides Innocent Spouse Tax Relief to protect individuals burdened by their partner's tax errors. This relief can save you thousands of dollars by relieving you of the responsibility of paying taxes incorrectly reported by your spouse. We offer assistance in relieving Carlsbad, Encinitas, and San Diego residents from tax debt caused by a spouse or ex-spouse.
Currently Not Collectible Status (CNC)
Currently Not Collectible Status is an essential lifeline for taxpayers struggling to meet their tax obligations due to financial difficulty. By pausing IRS obligations, individuals can work towards getting back on their feet without the continuous stress of outstanding taxes. We can help you obtain CNC status, which allows for a temporary delay in the IRS collection of tax money.
Schedule Tax Debt Relief Consultation with USiBTS
Our Carlsbad-based team is passionate about providing personalized tax solutions. We understand the unique challenges our prospective clients in Carlsbad and across California may encounter.
By partnering with us, you gain more than just a tax resolution service, you gain a dedicated ally in securing your financial freedom. Secure a brighter financial future with USiBTS, your trusted tax resolution company in Carlsbad and San Diego, California. Contact us and schedule a consultation today!