A vibrant coastal city in Broward County, Hollywood attracts people of all ages and backgrounds. This city hosts a balanced mix of small and large businesses, retirees, families, and working professionals.
Our office in Boca Raton is less than an hour away from Hollywood, and we also offer virtual services if you prefer not to travel. Our team has more than 30 years of experience helping both individuals and businesses in Hollywood resolve complex IRS tax issues, and we’re confident we can assist you as well.
Common IRS Tax Problems in Hollywood
IRS tax problems often start small, usually with an unfiled return or an unpaid tax bill. But without contacting the IRS, a minor issue can quickly escalate into a much larger problem that may take months to resolve.
Here are some of the most common IRS tax problems Hollywood taxpayers encounter:
- Unpaid IRS back taxes
- Unfiled or missing tax returns
- Penalties
- Federal tax liens
- Wage garnishments
- Bank levies
- Unpaid payroll taxes
- Trust fund recovery penalties
- IRS audits
The good news is that every tax problem has a potential solution. Our team is prepared to help you identify and resolve your issue quickly and with as little stress as possible.
How We Help Resolve IRS Problems
When clients from Hollywood, FL, approach us for help with their tax problems, we rely on a tried and tested process to help them get tax relief as quickly as possible.
Detailed case review
To determine the best path forward, our tax professionals begin by reviewing your IRS records and gaining a full understanding of your financial situation. We make sure we understand your problem inside and out, so that we can help you find the most effective relief for the situation.
Stopping IRS collection actions
We take immediate action to stop any in-progress levies, such as wage garnishments or bank levies. Or we work with you to respond to levy notices and prevent the IRS from levying your assets.
Personalized resolution strategy
We develop a strategy to bring you back into good standing with the IRS. Every tax problem is unique, and so are the solutions. Potential resolutions may include payment plans, settlements, or currently-not-collectible status. To meet the needs of our clients, we personalize resolution strategies and never provide one-size-fits-all guidance.
Tax compliance
After a decision is made on how to proceed, we’ll begin preparing and filing any missing tax returns. We also help every client create long-term strategies to stay compliant with filing and payment obligations in the future.
Another benefit of working with our team is that our CPAs handle all communications with the IRS on your behalf. You won’t have to worry about receiving unclear or incorrect information, and you can rest assured that you have an experienced tax expert negotiating with the IRS on your behalf.
Tax Relief & Resolution Services Offered
Our tax experts can assist with a wide range of tax issues, from preparing back tax returns to addressing IRS liens. We help individual and business taxpayers in Hollywood with the following types of tax relief services:
Installment Agreements
IRS Installment Agreements let you make monthly payments on your tax debt. The options vary based on how much you owe, the type of taxes (for example, individual income tax vs. payroll taxes), and the time left until the Collection Statute Expiration Date (CSED).
Offer in Compromise
Taxpayers may qualify to settle taxes for less than owed through an Offer in Compromise. The settlement is based on the equity in your assets and your disposable income, but the IRS may also consider extenuating factors if you apply for an offer based on equitable tax administration. High rejection rates make it critical to work with a tax expert when applying for this type of relief.
Currently Not Collectible
If you cannot afford to pay anything, you may want to consider the Currently Non-Collectible (CNC) status. Once your account is marked as CNC, the IRS stops all collection actions against you. If your finances improve, the IRS will expect you to resume payments, but if you’re on this status until the CSED, any remaining tax due will effectively expire.
Innocent Spouse Relief
In cases where a taxpayer faces a tax liability due to their spouse or former spouse underreporting or underpaying taxes, they may qualify for Innocent Spouse Relief. The IRS offers three types of innocent spouse relief, and we help clients understand when this option may be a viable solution for their tax problems.
Penalty Abatement
Penalties for unfiled or unpaid taxes can quickly increase your balance, making it even harder to get on top of your tax debt. Penalty abatement helps Hollywood taxpayers get relief from penalties, and when the IRS waives penalties, they also remove the interest associated with the penalties, helping you to save even more.
Payroll & Business Tax Relief
Business taxes can be complicated, and falling behind on payment or filing obligations can put your business at risk. We help Florida businesses deal with federal payroll taxes and other business taxes. Whether you have unfiled business returns, are behind on tax payments, or are facing an audit, our tax experts can help you.
IRS Audit Representation
Getting selected for an audit can be scary and confusing, but the right audit representation can help it go as smoothly as possible. From responding to initial requests for documents to appealing audit results, we help clients through every step of IRS tax audits.
Lien & Levy Assistance
Dealing with tax liens and levies requires the right balance of strategy and expertise. We leverage our decades of experience in tax resolution to help clients deal with tax liens, which may include lien release, withdrawal, discharge, or subordination. We also help clients stop or avoid levies against their wages, bank accounts, or other assets.
Back Tax Return Preparation
If you are behind on filing individual or business tax returns, we can help you get back into compliance. We assess which years should be filed, identifying which years to prioritize. Then, we file accurate returns, apply for penalty abatement if needed, and help you set up payments on any taxes owed.
Hollywood residents and business owners alike can rely on our services to prevent future IRS enforcement and successfully resolve their tax challenges.
Why Hollywood Clients Choose East Coast Tax Consulting
East Coast Tax Consulting is a CPA-led team that works directly with the IRS on behalf of our clients. With more than 30 years of experience, we are committed to creating personalized strategies for clients throughout South Florida.
Our local expertise, transparent pricing, and proven results set us apart from the competition, and for added convenience, we’re available to meet with you virtually. Don’t wait. If you’re dealing with a tax problem in Hollywood, FL, reach out to us for help.
Nearby Areas We Serve
At our Boca Raton office, we serve clients throughout Broward, St. Lucie, and Palm Beach counties, including residents in:
- Boynton Beach
- Coral Springs
- Deerfield Beach
- Delray Beach
- Fort Lauderdale
- Plantation
- Pompano Beach
- Port St. Lucie
- West Palm Beach
Whether you’re in Hollywood or a nearby city, expert tax help is just a short drive or video call away.
Start Resolving Your IRS Tax Debt Today
If you’re in the Hollywood area and facing IRS tax problems, it’s important to act quickly. The longer you wait, the more likely the IRS is to issue new penalties or pursue additional enforcement actions.
Contact East Coast Tax Consulting Group today by submitting your information through our online form or calling us directly at 866-550-7655. We’ll schedule a confidential, free consultation with our tax team. Don’t wait. Contact us today to take your first step toward lasting tax relief.
