If you’re searching for “tax settlement experts in Michigan,” you’re likely carrying a heavy burden. The fear of liens, levies, or aggressive collection action can make the problem feel insurmountable. You know you need help, but you may wonder: what does the process actually look like? How does a professional turn a crisis into a manageable solution?
At Franskoviak & Associates, CPA, PLLC, serving clients in Troy and across Michigan, we believe transparency is the first step toward relief. We are not just tax preparers; we are strategic advocates who specialize in negotiating with the IRS and state authorities. Here’s a behind-the-scenes look at how our Michigan tax settlement experts build a strong case for your financial fresh start.
Step 1: The Comprehensive Forensic Analysis (More Than Just a Review)
Many firms will simply glance at your notice and make a promise. We start with a deep dive. Our experts meticulously analyze 3-5 years of your tax returns, income documents, bank statements, and IRS correspondence. Why? We’re looking for more than just what you owe; we’re identifying potential errors in the IRS’s calculations, missed deductions, or credits you may have overlooked. This isn’t about hiding assets—it’s about accurately presenting your full financial picture to build credibility and uncover every possible advantage before negotiations even begin.
Step 2: Strategizing Your Optimal Resolution Path
Not every tax debt requires the same solution. A true expert matches your unique financial situation to the IRS’s available programs. We will explore and explain all options, including:
Offer in Compromise (OIC): Settling your debt for less than the full amount owed, if you qualify.
Currently Not Collectible (CNC) Status: Requesting the IRS temporarily halt collection due to financial hardship.
Installment Agreement: Structuring a monthly payment plan you can realistically afford.
Penalty Abatement: Arguing for the removal of costly penalties based on reasonable cause.
Innocent Spouse Relief: Protecting you from liability for a spouse’s (or ex-spouse’s) errors.
We don’t guess. We analyze the data from Step 1 to recommend the strategy with the highest probability of success for you.
Step 3: Professional Advocacy & Negotiation
This is where experience matters most. The IRS speaks its own language and follows complex internal guidelines. Our seasoned CPAs and enrolled agents act as your authorized representatives, handling all communication. We prepare the necessary legal forms, craft the financial narrative, and negotiate directly with the Revenue Officer or Settlement Officer. Our goal is to secure the most favorable terms possible, shielding you from the stress of direct confrontation.
Step 4: Building a Compliant Future
A settlement is only a victory if it lasts. We ensure you understand all terms and deadlines of your agreement. Furthermore, we provide proactive guidance to help you stay compliant moving forward, whether through adjusted withholding, estimated tax payments, or strategic tax planning. Our relationship doesn’t end with a signed agreement; we aim to be your long-term partner in financial health.
Why Choose a Local Michigan Expert from Franskoviak & Associates?
Deep Michigan Insight: We understand state-specific issues that interact with federal tax debt, such as Michigan DOR collections.
CPA-Led Expertise: As CPAs, we bring a high standard of analysis, ethics, and financial acumen beyond what a generic “tax relief” company may offer.
Troy-Based, Statewide Service: Conveniently located in Troy, we serve clients throughout Michigan with personalized, accessible service.
Proven Track Record: We have a history of successfully resolving complex tax disputes and giving our clients peace of mind.
Stop letting fear and uncertainty paralyze you. The path to resolution begins with a confidential, no-obligation consultation.
