Dealing with the IRS can be overwhelming, but you don’t have to face it alone. At Allied Tax Advisors, we specialize in providing solutions for individuals and businesses with tax problems. Whether you’ve received a notice, have unpaid tax debts, or are facing an audit, our team of experienced professionals is here to help you resolve your IRS issues effectively and efficiently.

Common IRS Tax Issues We Resolve

There are many situations where taxpayers may need professional help to resolve issues with the IRS, including:

Unfiled Tax Returns: Failing to file your taxes can result in penalties and interest that quickly add up. We assist clients in preparing and filing delinquent returns to bring them back into compliance.
Back Taxes: If you owe back taxes, we can help you understand your options for repayment and negotiate a manageable solution.
IRS Notices and Letters: Receiving an IRS notice can be intimidating. We help you understand what the notice means, respond appropriately, and resolve the issue.
Tax Liens and Levies: If the IRS has placed a lien on your property or a levy on your bank account, we work to remove these actions and find a resolution that works for you.
Audits: Facing an audit can be stressful. Our experienced team represents you before the IRS, handling all communications and ensuring your rights are protected.

Common Tax Deductions for Rental Property Owners

To minimize your tax liability, it’s important to take advantage of all eligible deductions. Common rental property deductions include

Mortgage Interest

Interest paid on loans used to acquire or improve rental property.

Property Taxes

Real estate taxes paid on your rental property.

Repairs and Maintenance

Costs incurred for repairs, upkeep, and maintenance of the property, such as fixing leaks or repainting.

Operating Expenses

Ordinary and necessary expenses for the day-to-day management of the property, including property management fees, advertising, and utilities.

Depreciation

The IRS allows you to depreciate the value of the building (not the land) over 27.5 years, which can significantly reduce your taxable rental income.

Insurance Premiums

Premiums paid for property insurance, including hazard, liability, and fire insurance.

Our IRS Resolution Services

At Allied Tax Advisors, we offer a comprehensive suite of IRS resolution services to help you regain control of your tax situation

Offer in Compromise (OIC)

If you owe more than you can afford to pay, an Offer in Compromise allows you to settle your tax debt for less than the full amount owed. We evaluate your eligibility, prepare your application, and negotiate with the IRS on your behalf.

Installment Agreements

We help clients establish manageable monthly payment plans to repay their tax debts over time, making it easier to stay in compliance without financial hardship.

Currently Not Collectible (CNC) Status

If you are unable to pay your tax debt due to financial hardship, we can help you request currently not collectible status, which temporarily suspends collection actions by the IRS.

Penalty Abatement

The IRS may assess penalties for various reasons, such as late filing or late payments. We work to reduce or eliminate penalties by demonstrating reasonable cause or qualifying for first-time penalty abatement.

Audit Representation

We represent you during an audit, handling all communications with the IRS and ensuring that you are treated fairly throughout the process. Our goal is to minimize any additional tax liability resulting from an audit.

Why Work With Allied Tax Advisors?

Experienced Team

Our tax resolution experts have extensive experience working with the IRS and resolving a wide range of tax issues.

Personalized Solutions

We understand that every tax situation is unique, and we provide tailored solutions to meet your specific needs.

Peace of Mind

Dealing with the IRS can be stressful and time-consuming. We take the burden off your shoulders, allowing you to focus on what matters most to you.

Take Control of Your Taxes Today

Get in touch with Allied Tax Advisors to schedule your consultation. Our team is ready to provide the tax expertise and peace of mind you deserve.

Schedule a Consultation