Fresno, CA - The IRS has recently adjusted its tax debt resolution policies to help taxpayers settle outstanding obligations without facing levies or wage garnishments. It is also part of the agency’s new resolution to collect what they can realistically, rather than just pursuing uncollectible debts.
While some updates, such as the Guaranteed Installment Agreement, are straightforward, an attorney like Valley Tax Law ensures everything goes smoothly. The firm helps ensure eligibility, handles setup to avoid mistakes such as incorrect bank routing information, and, more importantly, prevents future issues.
The IRS has also streamlined the installment agreement process for taxpayers with higher balances or inconsistent income, a common issue among California businesses. Valley Tax Law helps clients take advantage of the changes, such as negotiating adjustments, especially in cases where they qualify for first-time abatement or other reliefs. This step is important in reducing what they owe the IRS before setting up a plan.
Additionally, Valley Tax Law assists clients in determining their optimal plan and setting up payroll deductions or direct debit correctly and securely. If a business or individual has a balance slightly over $50,000, often referred to as an edge case, the team helps them find the best option.
Another recent update on tax debt resolution is the Partial Payment Installment Agreement (PPIA). This update is designed for taxpayers with large debts, financial hardships, and long-term inability to pay those debts in full. Among the recent IRS updates, the PPIA is the most complex, and where businesses and individuals most often require assistance from a tax attorney Fresno.
The team at Valley Tax Law prepares comprehensive financial disclosures, including forms like 433-A or 433-F, to demonstrate to the IRS what clients can reasonably afford. Beyond documentation, the attorneys negotiate terms that help minimize monthly payments while keeping clients compliant with IRS requirements.
Valley Tax Law is committed to protecting clients’ assets as they fulfill their payment obligations. Leveraging their experience, the team helps them structure finances legally so they do not put themselves at more risk or overpay.
PPIAs are also revisited periodically for the IRS to verify that a client cannot afford full payment and as a means to protect the government's interest. The firm ensures these reviews do not result in a sudden increase in payments or, in the worst-case scenario, legal action.
While the changes are meant to improve the relationship between the agency and taxpayers, measures such as wage garnishments, liens, and levies are still tools the IRS can use on taxpayers. Valley Tax Law protects individuals and businesses from all this and ensures alternative solutions are found.
About Valley Tax Law:
Valley Tax Law is a team of experienced tax relief attorneys helping clients in Fresno find effective resolutions and begin anew, free from tax debt. The team solves issues such as tax liens, IRS back tax returns, and bank and property levies. Additionally, the attorneys assist those dealing with IRS notices and letters, penalties and interests, wage garnishments, and payroll taxes to find solutions.
Media Contact
Name
Valley Tax Law
Contact name
Richard Wright
Contact phone
(559) 201-0183
Contact address
1870 W. Ashlan Avenue, Suite #103 - D
City
Fresno
State
CA
Zip
93705
Country
USA
Url
https://valleytaxlaw.com/
