Resolve All Your IRS Tax Problems in Marmora
Preparing and filing taxes might be a complicated process, whether you are filing as an individual or a business. No matter how diligent you are, innocent mistakes can happen, resulting in trouble with federal or state tax agencies. Our former IRS agent, Cheryl Ward, knows how to navigate all IRS-related affairs. We are a team of esteemed experts experienced in handling audits, back taxes, and other common IRS problems.
Cheryl Ward, CPA P.C. is an NJ licensed firm in Marmora. We proudly serve Upper Township, Ocean City, Cape May County, and all neighboring areas. Call today and schedule your free consultation.
Efficient Tax Resolution Services
Cheryl Ward, CPA P.C. is your trusted tax partner, ready to assist you in resolving all your tax issues. We are also experts in credit repair. If you owe the IRS, we will help you get back on track and clear your tax debt. We will guide you through the different avenues for tax resolution, such as penalty abatement, IRS installment agreements, innocent spouse programs, offers in compromise, and more.
Handle IRS Audits with Experienced Help
An IRS audit is an assessment of your tax account to ensure everything is included and factually presented. It examines your tax returns and financial documents to check for compliance with tax laws.
You can get audited by the IRS in three ways:
Expert Assistance with Back Taxes to Settle Your IRS Debt
If you owe back taxes, there is more than one way we can help you. Our experts will listen to you, understand your situation, and help you settle your debt with the IRS in one of the following ways:
Offer in Compromise - If you are qualified for OIC, as an individual or a business, we can help you negotiate a deal with the IRS that may settle your tax debt at a much lower amount. Before you apply, we'll calculate your reasonable collection potential (RCP), in other words, we will set your expectations by helping you determine the highest amount you can reasonably afford to pay.
Payment Plans - We can help you develop an IRS installment agreement, enabling you to pay off your tax debt over a specific time frame. Payment plans are an effective tax resolution channel. When you start a payment plan with the IRS, your annual installment agreement statement will be sent to you every year.
Can You Help Me Get a Levy Released?
A levy is the legal seizure of your property to settle for your tax debt. Our experts will support you in requesting a levy release. It is important to understand that releasing the levy will not exempt you from paying the balance due. If you don't arrange with the IRS to resolve your tax debt, a levy may be reissued.
Resolving IRS Tax Liens
A lien involves a legal claim on your assets to pay your tax debt. The IRS may seize your income to settle any taxes you owe. If you fail to pay your taxes, the IRS has the legal right to seize your assets. The lien remains as a permanent record in your credit report. However, there are three ways we can help you release your tax liens:
Payroll Tax Protection
It's every employer's responsibility to report and submit all its employees' payroll tax to the IRS. If you fail to submit accurate reports, your business might face hefty fines or even criminal penalties. Rest assured, if you are being audited due to a mistake in your payroll taxes, we will help you solve the situation in the best way possible and negotiate with the IRS on a suitable payment plan.
Here to Help Your Marmora Business
At Cheryl Ward, CPA P.C., Cheryl Ward and our team of experts put your needs first. We provide small businesses and individuals in Marmora and the neighboring communities with solutions to every tax problem. Contact us today for a free consultation.