SERVICES
Resolution & Negotiation
When tax debts remain unresolved, the IRS or state tax authorities may initiate collection proceedings to recover the outstanding balance. Resolution and Negotiation focuses on helping taxpayers manage their outstanding tax debts by evaluating available options and seeking structured solutions with the appropriate tax authorities.
Professional guidance throughout this process helps taxpayers assess their financial situation, determine potential resolution options, and communicate effectively with tax authorities as we work toward a viable outcome.
What Our Resolution Services May Include
Centurion Tax Pro assists clients in evaluating potential resolution options that may be available under IRS or State tax procedures.
Offer in Compromise Review
An Offer in Compromise is a program that may allow taxpayers to settle a tax debt for less than the full amount owed when certain financial conditions are met. This process generally involves reviewing the taxpayer’s financial situation, assets, income, and expenses to determine whether the case may qualify for consideration under IRS guidelines.
Installment Agreement Structuring
For taxpayers who are unable to pay their tax liability in full, installment agreements may allow the balance to be paid over time through structured monthly payments. Evaluating the taxpayer’s financial situation and determining an appropriate payment structure can be an important part of addressing outstanding tax debt.
Currently Not Collectible (CNC) Evaluation
In cases where a taxpayer is experiencing significant financial hardship, the IRS may classify the account as Currently Not Collectible, temporarily suspending collection activity. This status may be considered when a taxpayer’s financial situation does not allow for payments toward the tax liability.
Back Tax Resolution
When multiple years of taxes remain unpaid or unfiled, the situation can become more complex due to accumulated penalties and interest. Addressing these situations often requires reviewing past tax obligations and identifying steps that may help bring the taxpayer back into compliance with IRS requirements.
Penalty Review and Negotiation
Tax penalties can significantly increase the total balance owed. Reviewing the circumstances under which penalties were assessed may help determine whether requests for penalty relief or adjustments may be considered under applicable IRS guidelines.
Taking the First Step
Tax debt situations rarely resolve on their own, and delays can often lead to additional penalties, interest, or enforcement actions. Understanding your options and evaluating possible solutions early can help clarify the path forward.
