Accounting and Tax Services You Can Trust

An IRS Enrolled Agent, or EA, is a federally licensed tax practitioner authorized by the U.S. Department of the Treasury to represent taxpayers before the IRS. EAs have unlimited practice rights for tax matters, including audits, collections, appeals, payment arrangements, and tax-resolution negotiations. This authority allows Assured Financial Services to communicate and advocate directly with the IRS on qualifying client matters.

Yes. IRS debt resolution begins with a detailed review of the total balance, tax years involved, filing status, penalties, interest, income, assets, and expenses. Assured Financial Services evaluates available options, which may include an installment agreement, Offer in Compromise, penalty abatement, or Currently Not Collectible status. The appropriate strategy depends on the taxpayer’s financial facts and IRS eligibility requirements.

An IRS installment agreement lets an eligible taxpayer pay an outstanding tax liability over time rather than in one lump sum. The IRS considers the amount owed, filing compliance, financial information, and proposed payment amount. Assured Financial Services helps organize the required information, determine a sustainable proposal, and negotiate or manage the arrangement to support continued compliance.

In some circumstances, the IRS may grant penalty relief through first-time abatement, reasonable-cause relief, or other available programs. Eligibility is not automatic and generally depends on filing and payment history, compliance status, and the documented reason for the penalty. Assured Financial Services reviews the facts, identifies viable relief options, and prepares formal requests supported by relevant documentation.

A bank levy or wage garnishment requires prompt attention because it can restrict access to funds or reduce income. Gather all IRS notices, identify the tax periods and balances involved, and avoid ignoring deadlines. Assured Financial Services can communicate with the IRS, review the enforcement action, and pursue an appropriate resolution path, such as a release request, payment arrangement, or hardship-based relief.

Yes. Unfiled returns often need to be addressed before the IRS will consider many collection-resolution options. Assured Financial Services prepares delinquent federal tax returns accurately and considers how filing them affects the broader tax-resolution strategy. Filing may clarify the actual liability, replace IRS estimates, and establish the compliance needed to pursue an installment agreement, settlement, or other relief.

An Offer in Compromise may allow qualifying taxpayers to settle federal tax debt for less than the full amount owed, but the IRS applies strict financial criteria. It evaluates reasonable collection potential, including income, assets, expenses, and future ability to pay. Assured Financial Services performs pre-qualification, prepares supporting financial documentation, submits the offer, and manages communications throughout the review process.

Start by collecting recent IRS notices, prior tax returns, account transcripts if available, and records of income, expenses, assets, and liabilities. Assured Financial Services can then assess the nature and urgency of the issue, including filing gaps, collection activity, audit notices, or payroll tax exposure. This initial review helps establish priorities and identify the most appropriate next steps for your situation.