Tax Services

The Tax Resolution Process can end in various ways. The Tax Professionals at Monster Tax Relief will fight to get you the best resolution possible for your individual situation.  The result depends greatly upon your eligibility, ability to pay under federal tax law, and IRS guidelines based upon your current financial circumstances.

Our tax professionals are skilled in all of the various hardship programs provided by the IRS to resolve outstanding tax liabilities.  We will be seeking to negotiate one of a number of kinds of Installment Agreements.  Some taxpayers will qualify for Currently Not Collectible and/or the Offer in Compromise program which can settle for less than the amount that is owed. Some clients will also need Innocent Spouse Relief or immediate relief from levy on bank accounts and/or wages.

Administrative Appeal

Taxpayers are entitled to a fair and impartial administrative appeal of most IRS decisions, including many penalties, and have the right to receive a written response regarding the Office of Appeals’ decision. Taxpayers generally have the right to take their cases to court.

Bank Levy Release

When the IRS places a levy on your bank account, it provides a 21-day waiting period for complying with the levy. The waiting period is intended to allow you time to contact the IRS and arrange to pay the tax or notify the IRS of errors in the levy.  The IRS can  release a levy if it determines that the levy is causing an immediate economic hardship.

Collection Appeal

If you disagree with the decision of the IRS employee, and wish to appeal, you must first request a conference with the employee's manager.

Innocent Spouse Relief

By requesting innocent spouse relief, you can be relieved of responsibility for paying tax, interest, and penalties if your spouse (or former spouse) improperly reported items or omitted items on your tax return.

Tax Lien Withdrawal

A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt.  A discharge removes a lien from specific property. Paying your tax debt, in full, is the best way to get rid of a federal tax lien. The IRS releases your lien within 30 days after you have paid your tax debt. However, when conditions are in the best interest of both the government and the taxpayer, other options for reducing the impact of a lien exist.

Wage Garnishment Release

If the IRS levies (seizes) your wages, part of your wages will be sent to the IRS each pay period until you make other arrangements to pay your overdue taxes, the amount of ordure taxes you owe is paid, or the levy is released. If the levy is creating an immediate economic hardship, the levy may be released. A levy release does not mean you are exempt from paying the balance. The IRS will work with you to establish payment plans or take other steps to help you pay off the balance.

Currently Non-Collectible

Currently Not Collectible status occurs when the IRS agrees that you cannot afford to repay the debt, and doing so would create an economic hardship on you. It is forbearance by the IRS, a break from enforcement that can last years.  Although you still owe the balance and the IRS will continue to add penalties and interest to the amount due, the IRS will not try to collect the unpaid tax from you.

Filing Compliance

The first step to any tax resolution will be to bring the account into filing compliance by filing any missing tax returns. We can go back as far as 10 years to file original tax returns.  One of the biggest mistakes that taxpayers' make is to not file their tax returns on time.

Offer in Compromise

An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can't pay your full tax liability, or doing so creates a financial hardship.  The IRS will consider your unique set of facts and circumstances:

  • Ability to pay;
  • Income;
  • Expenses; and
  • Asset equity.

The IRS will generally approve an offer in compromise when the amount offered represents the most they can expect to collect within a reasonable period of time. Explore all other payment options before submitting an offer in compromise. The Offer in Compromise program is not for everyone.

Partial Pay Installment Agreement

If you are unable to pay your tax debt in full you can make monthly payments. When these payments do not pay off the debt in full prior to the expiration of the statute of limitations the taxpayer on pays a portion of what they actually owe.

Penalty Abatement

Taxpayers may qualify for relief from penalties for failure to file a tax return, pay on time, and/or deposit taxes when due through a first time penalty abatement or reasonable cause abatement. The failure-to-pay penalty will continue to accrue, until the tax is paid in full. It may be to your advantage to wait until you fully pay the tax due prior to requesting penalty relief under the Service's first time penalty abatement policy.

Statute of Limitations

The IRS statute of limitations period for collection of taxes -- the IRS filing suit against the taxpayer to collect previously assessed taxes -- is generally ten (10) years. Thus, once an assessment occurs, the IRS has 10 years to pursue legal action and collect on tax debt using the considerable resources at its disposal, which include levies and wage garnishments.