Tax Resolution for 5K+ in Tax Debt in Chula Vista, CA

Tax debt exceeding $5,000 can seem overwhelming and intimidating. For residents of Chula Vista, this financial challenge requires knowledgeable and precise handling to avoid further complications, such as increased penalties or legal action by the IRS. Recognizing the intricacies of tax laws and the stress that significant debt can bring, My Tax Settlement offers tax resolution services for Chula Vista tax-payers. Our firm specializes in understanding the depths of tax regulations and leveraging this knowledge to offer effective resolutions. We cater to individuals and businesses alike, ensuring that each client receives a strategic approach tailored to their specific circumstances. Whether your tax debt has arisen from unpaid back taxes, payroll discrepancies, or misreported earnings, we have the tools and expertise to navigate each case with the finesse it requires.

Chula Vista tax resolution
My Tax Settlement Tax Resolution services in San Diego

Tax Resolution Services

Tax Solutions for the rest of us.

At My Tax Settlement, we understand that significant tax debt doesn’t always start at $10,000. Many tax resolution firms set high minimum debt requirements, often leaving individuals with lesser but still burdensome debts without professional support. We believe that everyone deserves expert guidance, regardless of the size of their tax debt. This is why we proudly offer services tailored to those who might not meet the typical thresholds set by other firms but are still in need of reliable solutions to manage and resolve their tax issues. We’re here to help Chula Vista residents, after all!

How can we help you?​

Installment Agreement

If paying the entire tax liability at one time is not possible, an installment agreement is an alternative permitted by the IRS. The IRS has four different kinds of installment agreements: guaranteed, streamlined, partial payment, and non-streamlined…

Tax Penalty Abatement

Penalty Abatement is a way for the taxpayer to get their IRS late payment penalty removed by the IRS. The IRS has presented this solution to the taxpayers to help them with their tax-related processes. In some cases, the IRS can waive the penalties…

Tax Audit Representation

The Internal Revenue Service  (IRS) has the authority to verify the information provided by the taxpayer in a tax audit. In a tax audit, the taxpayer will be asked to show complete records and prove that all of the provided information is accurate….

IRS Wage Garnishment

When a person stops paying their taxes, the IRS would contact their employers for the payments that they are owed. The employer would be directed to keep a certain percentage of their employee’s salary and remit that to the IRS in place of the owed tax…

Payroll Tax Debt Relief

Payroll tax debt is quite common for business owners. Payroll deductions are the total amount of tax deducted from each salary of their employees and remitted to the IRS. The business owner must pay the amount regularly. If the person withholds….

Tax Levy Settlement

The IRS has the legal right to impose fines on people who don’t pay tax debt on time. Some of these penalties are tax levies. For instance, if a person reported income fraudulently may face a penalty of jail time. Another case is a taxpayer who hasn’t filed…

Frequently Asked Questions

What is Tax Relief?

Tax relief includes any IRS program or initiative aimed at helping qualified taxpayers manage, reduce, or resolve their tax liabilities. At My Tax Settlement, we are committed to identifying the most effective solutions for your tax issues through our comprehensive range of tax resolution services.

How Does My Tax Settlement Work?

Our approach to tax relief emphasizes transparency, exceptional service, and effective results. The process starts with a free, no-obligation consultation. Next, our Investigation Department thoroughly reviews your tax issues to develop the most suitable solutions tailored to your situation. Finally, our award-winning team, including tax attorneys, CPAs, and enrolled agents (EAs), negotiates with the IRS and state tax authorities on your behalf to secure the best possible outcome.

How Long Does the Tax Relief Process Take?

The duration varies based on individual circumstances, typically ranging from 2 to 12 months. It depends on the complexity of your case, your cooperation level, and the responsiveness of the taxing authorities. We strive to resolve your tax issues as quickly and effectively as possible.

What Does a Free Tax Relief Consultation Cover?

During your free consultation, one of our knowledgeable tax associates will review your situation and discuss potential tax resolution strategies. These strategies may include IRS and state tax representation, completion of overdue tax returns, resolution of wage garnishments and levies, establishment of installment agreements, securing non-collectible hardship status, asset seizure prevention, tax lien removal, audit defense, and negotiation of offers in compromise.

What Should I Do If I Receive an IRS Letter?

Receiving an IRS letter can be intimidating. If you’re a client of My Tax Settlement, you should immediately inform your case manager about the notice.

What Tax Resolution Options Are Available to Me?

We offer a range of tax resolution programs, including installment plans and offers in compromise, tailored to each unique tax situation. You can view our full list of tax resolution options on our website.

Will an Offer in Compromise Affect My Credit?

An Offer in Compromise itself does not directly impact your credit score. However, associated tax liens might.

What Types of Tax Professionals Will Work With the IRS on My Behalf?

Our team includes tax attorneys, CPAs, and Enrolled Agents, all skilled in tax law and equipped to represent you before the IRS.

How Does Tax Preparation Work for Different Filing Statuses?

Our tax preparation specialists are experienced in handling returns for all filing statuses, for both individuals and businesses.

What Information Will You Need From Me to File My Taxes?

For most basic tax returns, we need a completed Tax Organizer (provided by us), income documents such as W-2s and 1099 forms, federal and state tax returns from previous years, and Social Security numbers for you, your spouse, and any dependents.

What is Tax Resolution?

Tax resolution refers to the services designed to resolve a taxpayer’s IRS and state tax liabilities. It involves various strategies, including negotiating reductions of tax liabilities and establishing payment plans.

What Are the Benefits of Tax Resolution?

Tax resolution can significantly reduce your tax balance, helping provide a fresh start and alleviating financial strain.

Who Is Eligible for Tax Resolution?

Eligibility varies based on individual circumstances. Our team can help determine if you qualify for specific tax resolution programs and maximize your chances of success.

How Can I Ensure My Tax Resolution Proposal Is Accepted by the IRS?

While there’s no guarantee, having skilled tax professionals represent you can significantly enhance the likelihood of achieving a favorable outcome.

What Are the Benefits of Hiring My Tax Settlement Over a CPA or Attorney?

Our team has extensive experience and expertise in resolving a wide array of tax issues, offering more specialized services than a general CPA or attorney. This includes audit representation, addressing IRS wage garnishments and levies, removing tax liens, and negotiating penalty reductions, among other services.

What Is Tax Audit Representation?

Tax audit representation involves a tax professional representing you during an IRS or state tax audit. This includes organizing and preparing documents, attending meetings, and handling all correspondence.

What Triggers a Tax Audit?

Common triggers include unreported income, vague or excessive deductions, and repeated reporting of losses.

What Happens After a Tax Audit?

Following an audit, if the IRS determines additional taxes and penalties are due, you may appeal or negotiate the assessment. Having an experienced tax professional on your side can improve the outcome of these negotiations.

What Should I Do If I Can’t Pay an Audit Bill?

If you’re unable to pay an audit bill, consider tax resolution options like installment agreements or applying for hardship resolutions. Consulting with a tax professional can help you navigate these options effectively.

More locations around San Diego: Chula Vista, Spring Valley, National City, Bonita, La Mesa, La Jolla, Coronado, San Ysidro, Barrio Logan