FAQs
We’re here to provide clear answers to your most pressing questions. Whether you're learning about tax relief options or simply getting started, this page is designed to guide you through every step.
Let’s take the first step together toward resolving your tax concerns.
Frequently Asked Questions
What is tax relief & how can it help me?
Tax relief helps reduce your tax liability by negotiating with the IRS or state tax authorities to lower the amount you owe or arrange affordable payment plans. It can help individuals or businesses struggling with back taxes, penalties, and interest.
How do I know if I qualify for tax relief?
You may qualify for tax relief if you cannot pay your entire tax debt due to financial hardship if you've incurred penalties, or if you're facing aggressive collection actions such as wage garnishments or tax liens. Ovation Tax Group can evaluate your situation and determine the best course of action.
What are the different types of tax relief programs available?
Common tax relief programs include offers in compromise, installment agreements, penalty abatement, and currently not collectible status, each designed to reduce or restructure your tax debt based on your financial situation
How long does the tax relief process take?
Tax relief can range from immediate to more than a year to process. The time frame depends on the complexity of your case and the type of relief you are seeking. Generally, the more you owe and the greater the reduction you request, the longer the process may take.
Will hiring a tax relief expert truly save me money?
Tax Attorney's of America is dedicated to helping clients save money by simplifying the complexities of tax laws. Our team of experts negotiates favorable terms on behalf of our clients, which can significantly reduce outstanding tax debt. By leveraging our in-depth knowledge and experience, TAA provides substantial savings compared to attempting to manage the process independently.
What happens if I don't act on my back taxes?
Ignoring your back taxes often leads to severe consequences such as wage garnishments, bank levies, tax liens, and damage to your credit. Taking proactive steps with tax relief can help you avoid these penalties and find a manageable solution.
Can TAA Handle Both Federal and State Taxes?
TAA is equipped to manage both federal and state tax situations. Our team is licensed to negotiate on your behalf in every state, ensuring you receive the assistance you need no matter where you live. Let us guide you through the complexities of tax resolution for both federal and state debts.
Can my taxes really be reduced up to 90% or completely?
Absolutely! Every day, TAA successfully helps clients find relief from their tax burdens, achieving reductions of up to 90% and, in many cases, settling their debts entirely. Through a deep understanding and skilled negotiation of tax law, they work diligently to reach favorable outcomes for those struggling with tax debt.