Payment Assistance

Payment Assistance Services

Managing payments to government agencies, negotiating payment plans, and exploring options for resolving tax debts can be overwhelming. At TBS Tax Services, we offer Payment Assistance services to help individuals and businesses navigate these challenges and achieve financial stability.

Major Services:

  1. Payments to Government: We assist individuals and businesses in making payments to government agencies, such as the Internal Revenue Service (IRS) or state tax authorities. Whether you need to pay taxes, penalties, or other government fees, we facilitate secure and timely payments, ensuring compliance with all regulatory requirements.

  2. Payment Plans: If you’re unable to pay your tax debt in full, we can help you negotiate and set up a payment plan with the IRS or state tax authorities. Our team works with tax authorities on your behalf to establish affordable monthly payments based on your financial situation, allowing you to repay your tax debt over time while avoiding collection actions.

  3. Offer in Compromise (OIC): An Offer in Compromise (OIC) is an agreement between a taxpayer and the IRS to settle a tax debt for less than the full amount owed. We assist eligible individuals and businesses in preparing and submitting OIC applications to the IRS, negotiating with tax authorities to reach a favorable settlement. Our goal is to help you resolve your tax debt efficiently and minimize the financial burden on you or your business.

Our Process:

  1. Initial Consultation: We begin with an initial consultation to assess your financial situation and understand your specific payment assistance needs. Whether you’re facing tax debt, penalties, or other financial obligations, we tailor our services to meet your individual needs and objectives.

  2. Financial Analysis: Our team conducts a comprehensive financial analysis to evaluate your income, expenses, assets, and liabilities. We use this information to develop a customized payment assistance strategy that aligns with your financial goals and objectives.

  3. Negotiation and Communication: We represent you in negotiations with government agencies, such as the IRS or state tax authorities, advocating for fair and reasonable payment terms. We communicate with tax authorities on your behalf, addressing any concerns or questions and providing documentation to support your payment assistance requests.

  4. Implementation and Follow-Up: Once payment arrangements or settlements are agreed upon, we assist you in implementing the terms of the agreement and ensuring compliance with all requirements. We provide ongoing support and follow-up to monitor your progress and address any issues that may arise during the payment assistance process.

Let us simplify your taxes with our Payment Assistance Service.

We provide expert advice for all sizes and types of businesses and individuals.