T: (310) 943-7330 | F: (310) 602-6304 | paul@phenomenaltax.com
Phenomenal Tax & Accounting Services, LLC
ACCURACY. COMMITMENT. SUCCESS.
Tax Resolution
Stop Penalties, Garnishment, Levies. Let our team of experts get you the best tax resolution and settlement. Our accountants know “ins” and “outs” of dealing with the IRS and have been resolving IRS Tax Problems in California for many years. We pride ourselves on being very efficient, affordable, and extremely discreet.
If you owe the IRS back taxes, you have a very serious problem. The IRS tax problems will not just go away by themselves, they just keep getting worse with penalties and interest every day. It may take the IRS several years to catch up to you, but they’re relentless and have no mercy in collecting all the money owed. When the collection process starts, they’ll make your life miserable and literally ruin all aspects of your life.
Tax Resolution services include:
-
File tax information authorization with the IRS
-
Obtain your tax master file from the IRS
-
File power of attorney
-
Penalty abatement consultation with you
-
Business entity consultation with you
-
Responding to Information Requests
-
Challenging the tax authority’s position, if necessary
-
Following up regarding any outstanding issues
-
Comprehensive budget analysis for payment plan
-
Penalty Abatement and Interest Minimization
-
Protests & Settlements
​
IRS Audit
IRS Audit can happen to any taxpayer. Should the IRS send you a tax audit letter, bring it to us. We can help, sometimes, it’s simply submitting missing tax documents. Our help can make a difference in reducing your tax bill and saving you time and energy.
IRS Lien
IRS lien is the government’s legal claim against your property when you fail to pay a tax debt. Tax lien protects the government’s interest in all your property, including real estate, personal property and financial assets. IRS lien also show up on your credit report and prevent you from borrowing against any asset, like your home.
Get Your IRS File
Did you know that you can 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. Requesting your IRS file is best done by a professional without raising any red flags.
​
IRS Levy
Received an IRS Levy notice? This suggests that the IRS is going to pursue your bank accounts, wages, and assets as a means of collecting tax debt from you. Chances are you have been behind on payments or have not filed tax returns in quite some time, and the IRS is now seeking reimbursement in whatever way possible.
​
Payroll Tax Problems
Payroll tax is considered a trust tax where it is the responsibility of employers to pay taxes on behalf of their employees to the IRS from a trust. Therefore, failure to pay payroll tax is considered serious, and the IRS is particularly aggressive when it comes to collecting on delinquent payroll taxes. IRS can even assess civil penalties to parties involved with finances of the business and payroll tax problems.
IRS Wage Garnishment
You received an IRS Notice of Intent to Levy 30 days ago and you forgot or ignored it. Now it’s Payday. Expecting a check, you open the envelope and and that the IRS has taken most of your money. What’s left is not enough to pay the rent, car payment, buy groceries, or pay the rest of the bills. IRS Wage Garnishment will continue on every check due you, until the tax owed is paid in full.
Back Taxes
Back Taxes can be stressful to deal with. Luckily, we offer several options when it comes to resolving unpaid taxes. We can help you with setting up payment plans, requesting affordable installment agreements, reducing your tax debts through an Offer in Compromise, or discharging your tax debts through bankruptcy.
​
IRS Seizure
Unlike the IRS levy, which involves intangible assets such as your bank account, an IRS seizure is the taking of physical assets, such as your home or car. Seizures usually happen in aggravated cases when someone ignores many requests by the IRS over a long period of time to pay their outstanding taxes.
​
Unfilled Tax Returns
If you have unfilled tax returns, the IRS will file a tax return for you using a Substitute for Return. These fillings usually do not contain many of the tax deductions or credits you may qualify for because they are 􀃒led in the best interest of the government. This may leave you with a tax debt.
​
Innocent Spouse Relief
What if your spouse or ex-spouse, on a past joint tax return, lied about their income or underpaid taxes without your knowledge, and now you are being held jointly responsible for someone else’s tax debt? Innocent Spouse Relief is designed to alleviate unjust situations like this one.
IRS Payment Plan
If you don’t qualify for the Offer In Compromise program, an IRS Payment Plan may be the way to resolve your problem. Setting up a payment plan with the IRS gives you a little more time to pay off your tax debts.
Injured Spouse Allocation
What if you filed a joint return and, instead of getting a tax refund, your money is applied to the past tax debts of your spouse? You may get your share of that refund back through Injured Spouse Allocation program.
​
Bankruptcy
Your back taxes, interest and penalties can be wiped out by filling bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your crushing tax problems.
​