Tax Problems

Resolve All Your IRS Tax Problems in Marmora

problem - solution concept imagePreparing 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.

Call Us: (609) 390-0600 Book a 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

tax documents with an audit stampAn 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:

  1. Correspondence Audit - This is the most common audit. The IRS sends a letter to request more information about your tax returns. When receiving this correspondence, you will need to review your tax returns and make any necessary corrections, then submit the relevant financial documentation by mail. During an audit, you may pay more in taxes or receive a tax refund. That's why we recommend that you store all of your financial documents meticulously.
  2. Field Audit - This audit involves an in-person visit from an IRS agent to your office. They do so to ensure that the information you've provided in your documentation matches the facts on the ground. During this visit, IRS agents may interview your employees about their working conditions and pay.
  3. Office Audit - If the IRS needed more information regarding your tax returns, you would be invited to their nearest office location. It usually takes one visit if you have all the required documents. However, you are also allowed to bring more information if the need arises.

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:

  1. Proving Malpractice on the IRS Side: If you can prove malpractice by the IRS, the tax body will have to release your tax lien.
  2. Monthly Garnishments: A series of payments that are automatically withdrawn from your bank using direct debit.
  3. Expiration of Lien: If the IRS fails to resolve your tax debt within the deadline, the lien expires.

Payroll Tax Protection

documents with payroll written on themIt'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.

Call Us: (609) 390-0600 Book a Consultation

IRS Audit Representation
'Rarely do our clients have to talk with the IRS. We handle it all for you so that you need not take time off of your job to handle the bureaucracy and paperwork of the IRS.
Non-Filed Tax Returns
'If you do not file, you can be prosecuted and punished with potential jail time, one year for each year not filed. Why risk potentially losing your freedom for failing to file your tax returns?
Back Taxes Owed
'It's amazing how fast tax penalties and interest add up. Luckily, we offer several options when it comes to resolving unpaid taxes. Complete this form to get a Free Consultation with our tax specialist.
Payroll Tax Problems
'The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees' withholdings.
IRS Liens
'Liens filed against you by the IRS also show up on your credit report and often prevent you from opening a checking account or borrowing against any assets, like your home.
IRS Levies
'We are often able to get levies released and help you get out of a terrible situation. Our goal is to get you even with the IRS and let you start life anew.
IRS Wage Garnishment
'The payment plan negotiated by us is always more favorable than any IRS wage garnishment. It allows you to receive your whole paycheck without fears of future wage garnishments.
IRS Seizures
'A Seizure should not be taken lightly. The IRS will ultimately pursue seizure of your physical assets; your home, cars, boats, jewelry, motorcycles, insurance polices, and even your retirement funds.
IRS Payment Plan
'If you don't qualify for the IRS Offer In Compromise program, a Payment Plan may be the way to resolve your problem.
Offer In Compromise
'Did you know that you can settle your debt with the IRS for just pennies on the dollar with their Offer in Compromise program?
'Your back taxes, interest and penalties can be wiped out by filing bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your crushing tax problems.
Innocent Spouse Relief
'Innocent Spouse Relief was designed to alleviate unjust situations where one spouse was clearly the victim of fraud perpetrated by their spouse or ex-spouse.
Get Your IRS File
'Most people would be surprised to learn how much the IRS knows about them. Obtaining a copy of your IRS file is critical in analyzing the options available to resolve your tax problems.

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