Pastor Ken is a Licensed Pastor AND Licensed to Practice before the IRS. Pastor Ken takes no salary from the Church. Pastor Ken supports himself and the Ministry as a Tax Accountant and Bookkeeper a portion of all resolution income goes to support the ministry.
As an Enrolled Agent, Ken will represent you before the IRS and Resolve your Tax Issues legally and ethically.
Many Tax Resolution Firms have a shady reputation. We are an example of excellent service in an honest and ethical manner. Give us a call and experience the difference!
The IRS is permitted to legally seize money from your bank accounts, income sources, and even seize your personal property.
The IRS can freeze your money up to the amount of the delinquent tax. Any bank account with your name on it is subject to levy even if it belongs to or is shared with others. You generally have 21 days from the time the bank receives notice to submit a formal resolution with the IRS. This agreement must be established before the 21-day time frame ends. After the conclusion of a 21 day bank levy resolution period, IRS return-of-funds approval is unlikely.
Your paycheck could be garnished for back taxes. The IRS can garnish income sources including: Wages, Social Security, Retirement accounts, Pensions, Investments, Dividends, Rental income, Accounts receivables, and Commissions.
The IRS can seize personal property and assets such as houses, vehicles, and boats to sell at public or private auctions.
The IRS can assess Penalties for Late or non-Filing, Non-Payment or Under-Payment, and Accuracy.
Penalty for late filing: If you file after the due date, you may have a penalty of five percent per month (not to exceed 25 percent).
Penalty for late payment: Late payment begins to accrue at 0.5 percent per month. If the tax remains unpaid after you receive notice and demand for payment, this penalty will increase to one percent per month (not to exceed 25 percent).
Accuracy-related penalty: If the IRS discovers inaccuracies in your return that leads to an increase in your tax liability, you may receive a 20 percent penalty.
Failure to file penalty: The IRS may assesses punitive charges and interest for failure to file tax returns by the filing deadline.
If you don’t file a return, the IRS can file a Substitute for Return (SFR) in addition to charges.
In extreme cases a penalty of imprisonment can be imposed by the IRS.
If you’re unable to file your return by the deadline, we can help you file for an extension.
If you filed on time but are unable to pay, we can help you apply for an IRS payment plan.
If made mistakes in your filed return we can amend your return for you to possibly avoid the 20 percent accuracy-related penalty.
If IRS collection activity has begun or you have several years of unfiled tax returns, call us!
Our professional licensed tax professionals will reply to those scary letters and we will negotiate with the IRS on your behalf.
Things we may negotiate for you in your behalf include:
Penalty Abatement – we will submit a penalty abatement form (Form 843 Claim for Refund and Request for Abatement), which can reduce your liability if approved.
Filing a Penalty Abatement Form 843
First-time Abatement: Taxpayers with a good compliance history may qualify for a one-time abatement of late filing and late payment penalties. The IRS will look at the prior three years, and if there are no instances of late payment or late filing, abatement may be granted. Accuracy-related penalties do not qualify for this type of abatement.
Reasonable Cause Abatement: Life happens. The IRS will consider forgiving late payment, late filing, and accuracy-related penalties based on reasonable cause. We will explain the circumstances that led to the late filing, payment, or inaccuracy of your return to request a reasonable cause abatement.
Even with abatement interest on the unpaid debt will remain.
An abatement doesn’t modify the tax debt owed.
Contact us and we will see if a modification of a tax debt owed via an Offer in Compromise.
IRS Back Tax Help
If you owe back taxes you receive an IRS notice of the amount owed, the due date for payment, IRS penalties and interest, and instructions
Contact us for a free, confidential consultation and we will even provide you with a free transcript to determine your status with the IRS.
ken@new-england.net 708-203-6677