Tax Accounting and Preparation Services Expertise

An IRS Enrolled Agent can represent taxpayers before the IRS on federal tax matters, including back taxes, unfiled returns, audits, appeals, penalty abatement requests, installment agreements, levies, garnishments, payroll tax matters, and Offers in Compromise. Assured Financial Services evaluates the taxpayer’s records, IRS notices, compliance status, and financial circumstances to identify the appropriate resolution path and manage communications with the IRS.

Yes. Unfiled returns should be addressed accurately because the IRS may create substitute returns that do not include all allowable deductions, credits, or business expenses. Assured Financial Services prepares delinquent returns for individuals and businesses, reviews how filing affects the overall tax balance, and coordinates the filings with a broader IRS resolution strategy when additional liability remains.

An IRS installment agreement is a formal payment arrangement for taxpayers who cannot pay their full federal tax liability immediately. The right arrangement should be affordable, current with filing requirements, and supported by complete financial information when required. Assured Financial Services reviews available options, prepares the necessary information, and negotiates a payment structure aligned with the taxpayer’s circumstances.

In certain situations, the IRS may grant penalty relief through first-time abatement, reasonable-cause relief, or other available programs. Approval depends on the taxpayer’s compliance history, the type of penalty, and supporting facts and documentation. Assured Financial Services evaluates eligibility, prepares a detailed request, and presents the strongest available case for reducing or eliminating eligible IRS penalties.

Act promptly. A bank levy or wage garnishment can disrupt personal finances, payroll, and business operations, and may have response deadlines. Gather the IRS notice, account details, income information, and records of recent tax filings. Assured Financial Services can communicate with the IRS, assess the enforcement action, and pursue options such as a release, payment arrangement, hardship status, or another resolution strategy.

Yes. Unpaid payroll tax deposits and Form 941 liabilities can expose a business and potentially responsible individuals to serious collection action, including Trust Fund Recovery Penalties. Assured Financial Services reviews the employment tax history, identifies filing and deposit issues, helps organize required records, and works toward a compliant resolution strategy that addresses both business obligations and personal exposure.

An Offer in Compromise may allow a qualifying taxpayer to settle federal tax debt for less than the full amount owed. The IRS evaluates income, expenses, assets, future earning potential, and compliance with required filings and estimated payments. Assured Financial Services conducts pre-qualification, prepares supporting financial documentation, submits the offer when appropriate, and manages the process through the IRS decision.

Tax preparation focuses on accurately completing and filing required returns. Tax resolution addresses existing IRS problems, such as unpaid balances, delinquent filings, collection notices, audits, penalties, and enforcement actions. Many cases require both: bringing returns current first, then pursuing a payment plan, penalty relief, hardship status, appeal, or settlement option. A coordinated approach helps avoid resolving one issue while creating another.