Bill W. Morlong Jr. EA & CTRS

Tax Resolution Services

It is very stressful and difficult to receive notice that you or your company is under investigation from the IRS regarding the non-payment of back taxes. However, just because you’re facing debt doesn’t mean you’ve completely run out of options. This challenge can be overcome in a variety of ways, depending on your specific financial situation, tax payment history, and many other mitigating factors. Don’t try to decipher complicated tax codes and legal parlance on your own. If you’re in need of tax relief, contact the team at Bill W. Morlong Jr. EA & CTRS. We proudly provide tax help for people throughout the Seattle and Tacoma areas and are available to help you understand and resolve every aspect of your tax problems. Stop losing sleep over your tax issues: Pick up the phone today for a free initial assessment.

Appealing a Government Action

The letters you receive in the mail from the IRS or state tax authorities can be confusing and downright intimidating. The decisions made by these entities are not set in stone, however. The tax settlement professionals at Bill W. Morlong Jr. EA & CTRS can help you appeal IRS actions that could have a severe effect on your finances. We have more than 40 years' experience dealing with tax settlement cases and can help you file a successful petition to the tax courts to have the action against you reversed or lessened. Our team knows the complicated tax codes and statues inside and out and understands how to use those laws to your best advantage so that you are not permanently scathed by your tax problems. For professional IRS assistance, give us a call or send us an e-mail today.

Tax Settlement Negotiations

There are a wide range of tax settlement negotiation options available to taxpayers. Every situation is different, and the right solution to your specific tax issues depends on a variety of factors regarding the condition of your finances. No matter what your situation, however, one thing remains constant: the best way to begin solving a tax problem is to take action right away. Contact us now for assistance with filing all back tax returns and establishing a strategy for tax settlement. You may quality for any number of tax relief methods, including “currently not collectible” status, property lien releases, and more. Some other tax settlement options include:

Offers in Compromise

An offer in compromise allows a debtor to resolve his or her tax issues by negotiating with the authorities to pay an amount less than what is actually owed. In order to be approved for an offer in compromise, your situation must fall into one of three categories:

• Exceptional circumstances (such as proof that collecting the debt would cause economic hardship or be unfair)
• Doubt regarding the taxpayer's liability for the back taxes owed
• Doubts regarding collectibility of the tax owed (due to the amount of debt compared with the taxpayer's income and assets)

You must have a strong, well-presented case in order to prove to the powers that be that you are a good candidate for the offer in compromise option. Our tax consultants will help you by gathering your facts and figures and creating a strong argument in your favor. Trust our team to work within the current tax codes to help you get the best possible outcome. In some cases, tax consultants can have taxpayers paying only pennies on the dollar of the amount originally owed.

Innocent Spouse Relief Claims

There are many reasons why couples choose to file their taxes together, but this convenient choice also means that both parties are considered equally responsible for any taxes owed. Sometimes one party makes an error or intentionally lies while filing taxes, which can bring serious debt to the innocent spouse, as well as additional undeserved interest and penalties. In order to ensure that one spouse does not inherit debt that they did not incur, the IRS has instated the option of innocent spouse relief claims to qualifying individuals. The three types of innocent spouse relief claims available include:

• Classic innocent spouse relief: One spouse is completely absolved of any responsibility.
• Separation of liability: The sum of back taxes owed is reallocated between both spouses according to each spouse’s individual responsibility for the debt.
• IRS equitable relief: The IRS absolves part or all of a spouse’s responsibility for the debt owed if they find that it would be unfair to hold the spouse responsible, even if their case does not fall under either of the previous two criteria.

The tax consultant team at Bill W. Morlong Jr. EA & CTRS can help determine if you are likely to be approved for one of these options and help you present your case to the authorities.

Installment Agreements

Many times, tax debt incurs a variety of snowballing interests and penalties that make paying back your debt financially ruinous. An installment agreement is a contract drawn up between the taxpayer and the IRS or state tax authorities to allow a gradual payment of the amount owed, rather than a lump sum. The timetable and amount of each payment is customized to your budget to ensure that your tax payback schedule is manageable. If you’re having tax issues and believe that an installment agreement can help you pay back what is owed without forcing your finances out of control, contact our tax consultants today to discuss your tax settlement options. Some methods of relieving tax issues via installment plans include partial pay agreements, tiered installment agreements, and the five-year rule.

Penalty Abatement

The bulk of the taxes owed represents the initial debt figures, but the back tax penalties that have been instated on a taxpayer can also add up. In fact, about half of the total amount owed can be a result of penalties and interest. The team at Bill W. Morlong Jr. EA & CTRS can help you avoid paying more than you originally owed by presenting your case to tax officials for approval. You may qualify for penalty abatement if you have recently suffered from certain circumstances that resulted in non-payment of tax and subsequent penalties, which can include the loss of a family member, the destruction of your tax records, or unavoidable absence. It is vital to have adequate proof of these circumstances when seeking tax relief from the officials. To be sure that you are successful in your attempt to be approved for penalty abatement, contact our professionals to assist you with your tax problems.

Wage Garnishment Relief

The IRS is legally authorized to deduct a portion of your wages from your paychecks in order to cover the amount of back taxes that you owe. This could have devastating effects on your budget and make it difficult or impossible for you to cover your daily expenses. When you’re facing possible wage garnishment, call Bill W. Morlong Jr. EA & CTRS for IRS assistance. Our tax consultants will work as a liaison between you and the authorities to help you stop garnishment and establish an alternate, more manageable means of debt payment. Let us solve your tax problems with a plan that works for you, rather than against you!