Tax Debt Resolution

Depending on your unique facts and circumstances you will be able to qualify for 1 of 3 IRS tax resolution programs:

Currently Not Collectible

The Internal Revenue Service (IRS) will place a taxpayer’s account in a Currently Not Collectible (CNC) status when they have determined that the IRS is presently unable to collect the taxes from the taxpayer by full payment, through an Installment Agreement or by way of an Offer In Compromise. Once the account is placed in a Currently Not Collectible status, the IRS does not pursue collection activity against the taxpayer and the statute of limitations on the tax liabilities will continue to run. Generally, unless the taxpayer’s financial situation changes, the account will remain in a Currently Not Collectible status until the tax liabilities expire. However, if the taxpayer’s financial situation improves the account will be taken off of Currently Not Collectible status so that the IRS can collect the taxes through full payment or an Installment Agreement.

Installment Agreements

An Installment Agreement with the IRS allows taxpayers that cannot afford to full pay their back tax liability the option to pay their back taxes through monthly payments. There are guidelines regarding how the IRS determines the payment amount and time frame for the agreement. Additionally, a taxpayer must be compliant with all past tax filings before establishing the agreement. Depending on the circumstances and the amount of time that the IRS has left to collect the tax debt, the Installment Agreement may pay all or part of the back tax liability. Unfortunately for many taxpayers, they end up with monthly payments greater than they can reasonably afford causing them a financial hardship. In many situations like this, the taxpayers end up defaulting on their Installment Agreement causing the IRS to begin collection activity all over again. Therefore, it is important to have an affordable Installment Agreement established properly the first time.

Offer In Compromise

An IRS Offer in Compromise with the IRS allows taxpayers that cannot afford to full pay their back tax liability the opportunity to settle their tax debt for less money than what they owe. If you qualify, an Offer in Compromise can reduce IRS debt and save you thousands of dollars!

The IRS sets guidelines for accepting an Offer in Compromise. The IRS looks at a taxpayer’s past, current and future financial situation when evaluating whether an Offer in Compromise should be accepted. It is important to know what aspects of a taxpayer’s situation the IRS is looking at when filing an Offer in Compromise. Not everyone qualifies for an IRS Offer in Compromise, as each person’s financial situation is different. Additionally, the length of time varies but the average time it takes is generally is 9 to 12 months.

What Our Clients Think

Dan handles our taxes quickly, professionally, and with great attention. I'm so thankful to be able to trust that it will all be taken care of and done right.
Josh H.
This is our first year having our taxes done by Daniel Henn, CPA PA and it was an awesome experience. Starting with Jay to set up a first time appointment and immediately receiving an email outlining the process and documents to bring to our appointment. We were very pleased with the detailed result and final steps to ensure we filed timely and accurately. This team provides outstanding service. Thank you.
Linda M.
My wife and I (in our 88th year) have been satisfied clients of Dan's for as long as we have made Florida our permanent home. We feel fortunate to have this very knowledgeable and amiable money specialist as our accountant.... and friend.
Joe J.
Dan is not only a great CPA he's an educator too. If you need information about the tax laws give him a call, make an appointment to sit down with him. He also is a published author and speaker.
Jeffery J.
Dan is a great CPA who is very professional and helpful. In addition to tax preparation, Dan sends out a monthly newsletter to his customers with helpful financial tips. About two years ago, I recovered over $250 of missing assets from the state of FL based on an article in his newsletter. I just got a notice that more missing assets are waiting for me and I saved an additional $500 by filing for them myself instead of using an asset recovery firm to help me. Thanks Dan!
Chuck M.
Dan is extremely knowledgeable when is comes to tax preparation. He always stays informed any any and all tax law changes every year and speaks regularly to help educate others.
Daniel M.
Dan Henn and his team have made owning a business so much easier. I used to feel stressed about tax time, but after meeting this team, I know everything has already been accounted for and I can walk in worry free at the end of the tax season. Thank you for all you do for me. I would give 10 stars if they let me.
Nick M.

Ready to Schedule your FREE Strategy Session with Dan?

At Daniel Henn, CPA, PA, we believe that your certified public accountant should inspire comfort and confidence that all of your tax related maters are being resolved. If you need help, Dan offers a FREE Strategy Session to personally evaluate your specific tax situation, obtain all relevant information necessary, and recommend the best course of action for your personal scenario.

Our schedule is very full…but if you call us at (321) 684-7200 or email us we’ll give you two options for coming in right away! We will NOT make dealing with a tax professional as painful as it’s been in the past!