About Us
Equity Tax Group is a spinoff of Equity Business Credit, LLC The owner, Ivonete Souza, has been a real estate agent and business professional for years, living and working in Massachusetts. She has deep roots in the community, in real estate and in the business community in general.
Equity Tax Group was born out of necessity. Like so many professionals, Ivonete encountered problems in dealing with the IRS. Through no fault of hers, while trying to negotiate the RS jungle, her tax liability increased through penalties and interest.
Through her highly experienced connections she was able to find a solution to her problem. A solution which is final and resulted in her not having to pay her taxes! As a result she has been helping numerous people in her community who had the same problem.
1000+ client
Why choose Us
At Equity Tax Group, we specialize in Tax Court petitions and have a proven track record of helping taxpayers achieve favorable outcomes in their cases before the U.S. Tax Court. Ivonete did her very own case in Tax Court. Here is proof of her success. Equity Tax Group’s knowledge is your tool for success!!
How We Can Help
Case Evaluation
We'll review your tax situation, assess the strengths and weaknesses of your case, and provide you with honest and strategic guidance on how to proceed.
Expert Representation
Our skilled tax professionals will prepare your petition for you to file with the Tax Court, handle all communications of the IRS and the Court forwarded to us, and be available for all the proceedings
Comprehensive Support
From gathering evidence to crafting persuasive legal arguments, we'll provide you with comprehensive support every step of the way, ensuring that your case is prepared effectively with the utmost professionalism.
Why Petition the U.S. Tax Court?
- Stop IRS Collection Actions: Filing a petition with the Tax Court halts IRS collection activities, providing you with breathing room to challenge the tax assessment and present your case.
- Fair Review Process: The Tax Court offers a fair and impartial forum to dispute IRS determinations. Here, your case will be heard by experienced judges who will carefully consider the evidence and legal arguments presented.
- Potential Tax Savings: A successful petition can result in a reduction or elimination of the taxes, penalties, and interest assessed by the IRS, saving you money and providing much-needed relief from financial burdens.
- Protect Your Rights: By petitioning the Tax Court, you assert your rights as a taxpayer to challenge erroneous tax assessments and ensure that you are treated fairly under the law.
Don't Wait – Act Now!
The clock is ticking on your opportunity to challenge the IRS's tax assessment. Take control of your tax situation and explore your options for relief by petitioning the U.S. Tax Court with the help of Equity Tax Group. Contact us today to schedule a consultation and take the first step towards securing the tax relief you deserve.
Resources
Understanding Tax Relief: A Comprehensive Guide
An overview of what tax relief is, including different types of relief available for individuals and businesses.
How to Qualify for an Offer in Compromise
Detailed information on eligibility criteria, application process, and tips for successfully negotiating an Offer in Compromise with the IRS.
Top Tax Deductions and Credits You Might Be Missing
A list of common and lesser-known tax deductions and credits that can significantly reduce your tax liability.
Steps to Take If You Can’t Pay Your Taxes on Time
Practical advice on what to do if you’re unable to pay your taxes, including setting up payment plans and exploring other relief options.
The Impact of Tax Liens on Your Financial Health and How to Remove Them
Explanation of what tax liens are, how they affect your credit, and strategies for getting them removed.
Navigating IRS Penalty Abatement: How to Get Relief from Tax Penalties
Insights into the penalty abatement process, including how to request it and what documentation is needed.
Tax Relief Options for Small Business Owners
Specific tax relief programs and strategies tailored for small businesses, including deductions, credits, and payment plans.
Dealing with Back Taxes: Solutions and Strategies
How to address and resolve back taxes, including setting up installment agreements and exploring other settlement options.
The Role of a Tax Professional in Securing Tax Relief
As you can tell with Equity Tax Group, the proof is in the pudding by having first-hand experience and results.
FAQs
Tax relief refers to various programs and strategies designed to help taxpayers reduce their tax liability, settle outstanding tax debts, or resolve disputes with tax authorities. This can include deductions, credits, settlements, and payment plans.
Eligibility for tax relief depends on the specific program and individual circumstances. Generally, individuals and businesses facing significant tax debt, financial hardship, or disputes with the IRS may qualify for some form of tax relief.
An Offer in Compromise is a program where the IRS agrees to settle a taxpayer's debt for less than the full amount owed, based on the taxpayer's ability to pay, income, expenses, and asset equity. It's a viable option for those who can't pay their full tax liability.
Tax debt can be reduced through various methods, including negotiating an Offer in Compromise, setting up an installment agreement, applying for penalty abatement, or disputing the debt if it is incorrect.
If you can’t pay your taxes in full, you should still file your return on time to avoid penalties. Then, consider applying for a payment plan, an Offer in Compromise, or other relief programs. It’s also helpful to contact a tax professional for guidance.
A tax lien is a legal claim by the government against your property due to unpaid tax debt. It can affect your credit score and ability to sell property. Resolving the debt or negotiating with the IRS can lead to the removal of the lien.
Reputable tax relief companies can help by negotiating with the IRS on your behalf, setting up payment plans, or resolving tax disputes. However, it’s important to research and choose a trustworthy company to avoid scams.
Penalty abatement is the reduction or removal of penalties imposed by the IRS for late filing, late payment, or other tax-related issues. It can be requested if there is a reasonable cause for the failure, such as a natural disaster or serious illness.
An installment agreement allows taxpayers to pay their tax debt over time in monthly installments. The IRS offers several types of installment plans, depending on the amount owed and the taxpayer's financial situation.
The specific documents required will depend on the type of tax relief you're seeking. Generally, you may need recent tax returns, proof of income, expenses, assets, liabilities, and any relevant financial statements. A tax professional can help you identify and gather the necessary documents.