Tax Services
Tax Debt Resolution
A look at what's actually available when IRS debt has grown bigger than you can pay off at once.
IRS Debt Isn't a Dead End - There Are Real Paths Through It
Penalties stack, interest keeps compounding, and the notices don't stop coming - it's a lot to sit with. But the IRS does offer real routes out: installment agreements, offers in compromise, currently-not-collectible status. Which one fits depends entirely on your numbers, so it's worth a conversation with our team about what's actually realistic for you.
Penalties, interest, and levies negotiated down as far as the rules allow.
Key Things to Know
- Making sense of your notices
- Catching up on missing filings
- Matching you to the right resolution path
Ready when you are
Operational Milestones
Intervention
Filing Form 2848 (Power of Attorney) is our first move - it stops IRS calls and letters to you immediately.
Compliance
From there we get any missing returns filed quickly and work out what you actually, legally owe.
Settlement
We pursue whichever resolution fits best - an OIC, hardship placement, or penalty abatement - and push for the lowest number the IRS will accept.
Included Services & Outcomes
Most People Settle for More Than They Had To
The IRS doesn't slow down on its own. Trying to sort out penalties, interest, and levies by yourself, while notices keep arriving, wears people down - and it almost always means leaving money and options on the table.
Questions
Tax Debt Resolution FAQ
How fast can IRS collection activity actually stop?
As soon as we file Form 2848 - usually the same day you sign on with us - every IRS call and letter starts routing to our office instead of yours.
Is it realistic to settle for less than the full amount owed?
It happens more than people expect. The Offer in Compromise program allows qualifying taxpayers to settle for a fraction of what's owed - we figure out if you qualify and build the case around it.
How soon can a bank levy get released?
Usually within 5 to 15 business days of us stepping in and establishing representation.
What's the typical timeline for an Offer in Compromise?
Expect the IRS to take somewhere around 6 to 9 months to review and rule on an OIC.
Is the first consultation actually free, no strings attached?
It is - no cost, no obligation, just a real conversation about where things stand before you decide anything.
Resources
Tax Debt Resolution insights
Talk to MK Tax & Accounting about tax debt resolution
Book your free consultation. We'll review your situation, quote a flat fee, and show you exactly what we'd do differently.