IRS Installment Agreement vs. Offer in Compromise: Steve Perry’s Proven Path for Tax Relief

Steve Perry

Published on: 18/08/2025

Comparing an IRS Installment Agreement to an Offer in Compromise is one of the most important decisions you can make when facing tax debt. An Installment Agreement lets you pay what you owe in smaller monthly amounts, keeping the IRS at bay as long as you comply. But missing a payment or filing late instantly puts you back in IRS collections, facing garnishments, levies, and penalties. An Offer in Compromise can settle your debt for less, sometimes much less, but qualification is strict and any misstep after approval can restore your full balance with interest. The stakes are high and the consequences of default are severe. Steve Perry, EA, brings calm expertise, strategic planning, and proven results to protect clients from IRS enforcement and negotiate the best possible outcome. Call (678) 717-9818, email [email protected], or connect with him on LinkedIn: www.linkedin.com/in/steveperrybtm.

Tax education articles and IRS representation advice for individuals and small businesses

IRS CP90, LTR 1058, and LTR 11 – Your Final Warning Before the IRS Empties Your Bank Account

Steve Perry

Published on: 18/07/2025

IRS CP90, LTR 1058, and LTR 11 are the final notices before the IRS seizes your assets. These letters mean your wages, bank accounts, and property are next unless you act fast. With only 30 days to request a Collection Due Process (CDP) hearing, time is critical. Steve Perry, EA is a trusted tax expert who has helped clients stop levies and negotiate with the IRS, even at the last minute. If you’ve received one of these notices, the clock is ticking. Call Steve at (678) 717–9818 or email [email protected] immediately. You can also message him on LinkedIn at www.linkedin.com/in/steveperrybtm. Don’t wait for the IRS to clean out your bank account—get expert help now.

Tax education articles and IRS representation advice for individuals and small businesses

Understanding IRS Notice CP11: What It Means and How an Enrolled Agent Can Help

Steve Perry

Published on: 13/06/2025

IRS Notice CP11 is sent when the IRS identifies a math or clerical error on a taxpayer’s return, makes corrections, and determines that a balance is now due. It can come as a surprise, especially if the taxpayer was unaware of any issues. The notice outlines the changes made, the new tax amount owed, applicable penalties or interest, and instructions for payment or dispute. Common causes include omitted income (e.g., W-2s or 1099s), disallowed credits or deductions, or conflicting third-party data. Taxpayers have 60 days to respond if they disagree. If the notice is accurate, paying the balance promptly avoids additional interest or penalties. If the taxpayer disputes the changes, they must provide documentation or file an amended return. Options like installment agreements, penalty relief, or Offers in Compromise may be available if payment is a hardship. **Steve Perry, Enrolled Agent** at Books, Taxes & More, can review the notice, access IRS transcripts, validate or challenge the IRS changes, and manage communication on your behalf. Ignoring CP11 can lead to more severe consequences. Timely action and professional representation are key to minimizing stress and resolving the issue efficiently. For guidance, contact Steve Perry for expert support and peace of mind.

Tax education articles and IRS representation advice for individuals and small businesses

Understanding IRS Notice CP2000: What It Means and How an Enrolled Agent Can Help

Steve Perry

Published on: 03/06/2025

The IRS Notice CP2000, generated by the Automated Under Reporter program, indicates discrepancies between reported income and third-party data. It includes proposed tax adjustments and requires a response. Taxpayers can agree, disagree, or partially agree with changes using an Enrolled Agent for assistance. Prompt, accurate responses are crucial.

Tax education articles and IRS representation advice for individuals and small businesses