After learning how IRS collections progress and how installment agreements work, many taxpayers ask the same question. Can I settle my tax debt for less than I owe? This is where the Offer in Compromise enters the conversation. It is also where expectations often collide with reality. At Capital City Professional Services , we spend a great deal of time explaining what an Offer in Compromise actually is, because misunderstanding this option leads to disappointment, wasted tim

After understanding how IRS collections progress, many taxpayers reach the same conclusion. They cannot pay their tax balance in full, but they need the collections to stop. This is where installment agreements come into the conversation. At Capital City Professional Services , installment agreements are one of the most common tools we see used in tax resolution. They can be effective, but they are often misunderstood. Knowing how they actually work helps prevent false confid

After understanding what tax resolution really means and why ignoring IRS letters causes escalation, the next logical question is simple. How fast does this actually move? Many people assume IRS collections happen slowly or randomly. In reality, the IRS follows a defined progression. Each stage builds on the last, and each stage changes what options are available to you. At Capital City Professional Services , we spend a lot of time helping clients understand where they are o

After learning what tax resolution actually means, many people realize something uncomfortable. They have been ignoring IRS letters for months or even years. This reaction is common. IRS mail is intimidating, confusing, and often filled with language that feels threatening. Many people assume that if they do not respond, the problem will stay the same. Unfortunately, the opposite is true. Ignoring IRS letters does not pause your case. It escalates it. At Capital City Professi

If you search online for help with back taxes, you will quickly see the phrase “tax resolution” everywhere. Unfortunately, it is often used as a marketing buzzword rather than explained clearly. That lack of clarity causes confusion, unrealistic expectations, and bad decisions when people are already under stress. At Capital City Professional Services , tax resolution is not a promise or a shortcut. It is a process. Understanding what tax resolution actually means, and what i

Managing your business finances can often feel overwhelming. Many entrepreneurs focus on revenue and expenses but overlook a critical element: profit. A profit-focused accounting approach shifts the mindset from just tracking money to actively prioritizing profit. This strategy can transform your financial health and help your business thrive. Understanding the Profit-Focused Accounting Approach The profit-focused accounting approach is a method that puts profit first, rathe

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Greetings, savvy business owners! 🌟 Today, we’re diving into the enchanting world of Virtual CFO services and how they can transform...

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