Tax Services

Cash advance up to $6,000

SRG Financials Services

Our tax professionals have resolved tax issues for thousands of clients. SRG Financials LLC has the experience to resolve almost any IRS problem. You will receive personalized care and personalized solutions crafted to fit your unique situation.

  • Free Tax Consultation
  • Tax Liability Investigation & Resolution Proposal
  • Tax Preparation & Compliance
  • Tax Settlement & Negotiation

ELIGIBILITY FOR TRADITIONAL REPAYMENT PLANS

Three plans – Standard, Graduated, and Extended – are generally available to borrowers of Direct and FFELP Loans.

INVESTIGATION

Immediately upon calling SRG Financials LLC you will speak with a qualified Tax Associate who will assess your best options. This consultation is 100% free and confidential.

Next, you can take your first step towards resolving your tax problem – the Investigation Phase. First, our tax professionals perform an extensive investigation into the specifics of your case. Armed with the details, they will identify the best possible tax resolution strategy.

Sometimes the IRS will use wage garnishments, bank levies or tax liens to threaten taxpayers. Our agents can take immediate action, working to help stop these aggressive tactics during the Investigation.

RESOLUTION

SRG Financials LLC have the experience to secure you the best possible deal from the IRS. You can rest assured that your case will get the expert attention that it deserves. Our team consists of expert professionals – on-staff and in-house.

  1. First, our agents gather and file all the necessary documents to bring you into full legal compliance with the IRS.
  2. Next, our tax experts meticulously build a case to support your resolution strategy.
  3. Finally, they present your case to the IRS and position you to receive the best attainable financial outcome.
    Every situation is unique, but our goal is always the same: to provide you with the best financial outcome allowed by law.

Our staff will keep you informed and empowered throughout the entire process. Our passion and dedication to customer service is at the heart of our Core Values.

TAX PREP CHECKLIST

Whether you see a tax professional or prepare your taxes on your own, we are here for you when you are ready to file. Use the tax checklist below to find the documents and forms you’ll need to get started.

PERSONAL INFORMATION

  • Your social security number or tax ID number
  • Your spouse's full name and social security number or tax ID number

DEPENDENT(S) INFORMATION

  • Dates of birth and social security numbers or tax ID numbers
  • Childcare records (including the provider's tax ID number) if applicable
  • Income of other adults in your home
  • Form 8332 showing that the child’s custodial parent is releasing their right to claim a child to you, the noncustodial parent (if applicable)

SOURCES OF INCOME

Employed

  • Forms W-2

Unemployed

  • Unemployment, state tax refund (1099-G)

Self-Employed

  • Forms 1099, Schedules K-1, income records to verify amounts not reported on 1099s
  • Records of all expenses — check registers or credit card statements, and receipts
  • Business-use asset information (cost, date placed in service, etc.) for depreciation
  • Office in home information, if applicable
  • Record of estimated tax payments made (Form 1040–ES)

Rental Income

  • Records of income and expenses
  • Rental asset information (cost, date placed in service, etc.) for depreciation
  • Record of estimated tax payments made (Form 1040–ES)

Retirement Income

  • Pension/IRA/annuity income (1099-R)
  • Traditional IRA basis (i.e., amounts you contributed to the IRA that were already taxed)
  • Social security/RRB income (1099-SSA, RRB-1099)

Savings & Investments or Dividends

  • Interest, dividend income (1099-INT, 1099-OID, 1099-DIV)
  • Income from sales of stock or other property (1099-B, 1099-S)
  • Dates of acquisition and records of your cost or other basis in property you sold (if basis is not reported on 1099-B)
  • Health Savings Account and long-term care reimbursements (1099-SA or 1099-LTC)
  • Expenses related to your investments
  • Record of estimated tax payments made (Form 1040–ES)

Other Income & Losses

  • Gambling income (W-2G or records showing income, as well as expense records)
  • Jury duty records
  • Hobby income and expenses
  • Prizes and awards
  • Trusts
  • Royalty Income 1099–Misc.
  • Any other 1099s received
  • Record of alimony paid/received with ex-spouse’s name and SSN

TYPES OF DEDUCTIONS

Home Ownership

  • Forms 1098 or other mortgage interest statements
  • Real estate and personal property tax records
  • Receipts for energy-saving home improvements (e.g., solar panels, solar water heater)
  • All other 1098 series forms

Charitable Donations

  • Cash amounts donated to houses of worship, schools, other charitable organizations
  • Records of non-cash charitable donations
  • Amounts of miles driven for charitable or medical purposes

Medical Expenses

  • Amounts paid for healthcare insurance and to doctors, dentists, hospitals

Health Insurance

  • Form 1095-A if you enrolled in an insurance plan through the Marketplace (Exchange)
  • Form 1095-B and/or 1095-C if you had insurance coverage through any other source (e.g., an employer, insurance company, or government health plan such as Medicare, Medicaid, CHIP, TRICARE, VA, etc.)
  • Marketplace exemption certificate (ECN) if you applied for and received an exemption from the Marketplace (Exchange)

Childcare Expenses

  • Fees paid to a licensed day care center or family day care for care of an infant or preschooler
  • Wages paid to a baby-sitter Don't include expenses paid through a flexible spending account at work

Educational Expenses

  • Forms 1098-T from educational institutions
  • Receipts that itemize qualified educational expenses
  • Records of any scholarships or fellowships you received
  • Form 1098-E if you paid student loan interest

K-12 Educator Expenses

  • Receipts for classroom expenses (for educators in grades K-12)

State & Local Taxes

  • Amount of state/local income tax paid (other than wage withholding), or amount of state and local sales tax paid
  • Invoice showing amount of vehicle sales tax paid

Retirement & Other Savings

  • Form 5498-SA showing HSA contributions
  • Form 5498 showing IRA contributions
  • All other 5498 series forms (5498-QA, 5498-ESA)

Federally Declared Disaster

  • City/county you lived/worked/had property in
  • Records to support property losses (appraisal, clean up costs, etc.)
  • Records of rebuilding/repair costs
  • Insurance reimbursements/claims to be paid
  • FEMA assistance information
  • Check FEMA site to see if my county has been declared a federal disaster area

Specific Services

Offer in Compromise (OIC)

To qualify you must have an inability to repay the debt within the time the IRS has to collect on the debt.

Penalty Abatement

The IRS may assess a variety of penalties on your tax account including late filing and late payment fees. Sometimes the penalties dwarf the actual tax debt.

Installment Agreement

This agreement allows you to pay your full debt in equal, yet smaller and more manageable amounts.

Partial Pay Installment Agreement (PPIA)

A payment agreement whereby the total number of payments made to the IRS is less than the total amount of tax due, when full payment cannot be completed prior to the expiration of the statute of limitations.

Tax Lien Discharge

You relinquish your rights and allow any property with an IRS lien to be sold free and clear of the tax lien.

Tax Lien Subordination

Allows a “junior” creditor to move ahead of the IRS for claim on the property.

Tax Lien Withdrawal

Your tax liability is satisfied and the lien is released.

Wage Garnishment Release

Your liability is satisfied and the garnishment is lifted.

Bank Levy Release

You paid your tax debt or the time limit expired, releasing the levy.

Innocent Spouse Relief

You filed a joint return, the tax due is understated, you didn’t know, so it is unfair to hold you liable.

Currently Non-Collectible

Assigned by the IRS when someone cannot pay due to a temporary hardship.

Statute of Limitations

The time limitation (generally 10 years) on which the IRS can collect taxes and levies. The start time varies for each action taken.

Collection Appeal

The Office of Appeals is separate from and independent of the IRS Collection Office. Check here for your collection appeal rights.

Administrative Appeal

You may file an administrative appeal with the IRS under four circumstances. For complete information, check under IRS 8.7.14.4.