Resolve IRS Tax Debt & Avoid Costly Penalties with Expert Tax Relief Services in Chicago
Owing back taxes, facing an IRS audit, or dealing with wage garnishments can be overwhelming and financially devastating. The IRS has the power to seize assets, garnish wages, and place tax liens on your property if your tax issues are left unresolved. Fortunately, at Wilson & Associates, CPAs, we provide professional IRS tax relief and resolution services in Chicago to help individuals and businesses settle tax debts, negotiate payment plans, and prevent aggressive IRS actions.
Don’t wait until the IRS takes action. Schedule a confidential consultation with Wilson & Associates, CPAs today.
With years of experience in tax law, audit defense, and debt negotiation, our team of expert CPAs and tax professionals specialize in tax resolution in Chicago and work directly with the IRS on your behalf. We analyze your tax situation, explore available relief options, and create a personalized tax resolution strategy that minimizes your financial burden while ensuring compliance with IRS regulations.
IRS Tax Relief & Resolution Services We Offer
If you’re facing IRS-related tax problems, our firm provides a comprehensive range of tax relief solutions tailored to your specific situation.
Back Taxes & IRS Payment Plans
If you owe back taxes, ignoring the problem can lead to penalties, interest charges, and aggressive IRS enforcement actions. We help:
- Review & Analyze Tax Debt – We assess your IRS records to determine the total amount owed, including penalties and interest.
- Negotiate IRS Installment Agreements – If you cannot pay your tax debt in full, we negotiate an affordable monthly payment plan that fits your budget.
- Penalty Abatement Requests – In some cases, we can request the IRS to remove or reduce penalties if you have reasonable cause for late tax payments.
IRS Wage Garnishment Release
If the IRS has started garnishing your wages, they can take a significant portion of your paycheck until your tax debt is paid. We help:
- Stop IRS Wage Garnishments – We negotiate directly with the IRS to release wage garnishments and establish alternative payment options.
- Protect Your Income – By securing a structured settlement or an Offer in Compromise, we help prevent future wage deductions.
- Ensure Compliance & Avoid Future Issues – We work with you to create a long-term tax strategy to stay compliant and avoid future wage garnishments.
Tax Liens & IRS Levies Removal
The IRS can place a lien on your property or levy your bank accounts if tax debt remains unpaid. This can affect your credit score, business operations, and ability to sell assets. We assist by:
- Negotiating Lien Withdrawals or Subordinations – Helping clients remove tax liens or restructure them to avoid business disruption.
- Stopping IRS Bank Levies – If the IRS has frozen your bank account, we take immediate action to release the levy and recover your funds.
- Preventing Future Levies – We develop a tax compliance strategy that helps you avoid liens and levies in the future.
Offer in Compromise (Settle Your Tax Debt for Less)
An Offer in Compromise (OIC) allows taxpayers to settle their IRS debt for less than the total amount owed. This is a great option for individuals and businesses who cannot afford to pay their tax liability in full. We:
- Evaluate Eligibility – Not all taxpayers qualify for an OIC. We review your income, expenses, assets, and liabilities to determine eligibility.
- Prepare & Submit a Strong Offer – We ensure that your application meets IRS guidelines and has the best chance of being accepted.
- Negotiate with the IRS – Our tax professionals work directly with the IRS to secure the lowest possible settlement amount.
Non-Filed Tax Returns & Compliance Restoration
Failing to file tax returns can lead to severe IRS penalties, criminal investigations, and financial hardships. If you have unfiled tax returns, we:
- Reconstruct Financial Records – We gather necessary financial documents to prepare and file missing tax returns.
- Negotiate a Resolution – If penalties apply, we work with the IRS to minimize fines and prevent additional enforcement actions.
- Ensure Full Compliance Moving Forward – We help you set up proper tax filing procedures to avoid issues in the future.
Innocent Spouse Relief (Avoid Liability for a Spouse’s Tax Debt)
If you’re facing tax debt because of your spouse or ex-spouse’s errors, fraud, or misrepresentation, you may qualify for Innocent Spouse Relief. We assist by:
- Determining Eligibility – Reviewing IRS records to establish whether you meet the requirements for tax debt relief.
- Filing for Innocent Spouse Relief – Preparing and submitting the necessary documentation to separate your tax liability.
- Negotiating a Resolution – Working with the IRS to remove or reduce the tax burden assigned to you.
Get a Copy of Your IRS File (Understand Your Tax Situation)
If you are unsure of your tax standing, we can obtain your IRS transcripts and tax records to:
- Review Past Filings & IRS Assessments – Identifying any outstanding debts, penalties, or tax return errors.
- Determine Next Steps for Tax Resolution – Creating a strategy to settle tax issues before they escalate.
- Prevent Future Tax Problems – Ensuring proper tax compliance and planning for the future.
Why Work with Wilson & Associates, CPAs for IRS Tax Relief?
Working with IRS tax relief specialists ensures you receive the best possible resolution to your tax issues. Here’s why our firm stands out:
Extensive IRS Negotiation Experience
Our team of CPAs and tax professionals has successfully negotiated tax settlements, payment plans, and penalty reductions with the IRS for years. We understand how the IRS operates and use our expertise to advocate for our clients.
Personalized Tax Resolution Strategies in Chicago
No two tax problems are alike. We develop customized tax relief plans that align with your financial situation, income, and future tax compliance goals.
Protection Against IRS Collection Actions
When you work with Wilson & Associates, CPA, we intervene on your behalf to stop aggressive IRS collection tactics such as wage garnishments, levies, and asset seizures.
Comprehensive Tax & Financial Guidance
Beyond tax relief, we help clients stay compliant, improve tax planning, and prevent future IRS issues by implementing proactive financial strategies.
Get Tax Relief & Resolve IRS Problems Today
If you’re struggling with IRS tax debt, audits, penalties, or collection actions, Wilson & Associates, CPAs are here to help. Our experienced tax professionals provide fast, effective tax resolution services in Chicago to help you regain financial stability and resolve IRS issues permanently.
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Wilson & Associates, CPAs is a financial solutions provider offering expert tax and financial strategies across Chicago, Schaumburg, Oak Brook, Evanston, Naperville, Rosemont, Elmhurst, Des Plaines, Tinley Park, Orland Park, and the surrounding areas.