Received an IRS letter or confused about an IRS form? Use our IRS Forms & Notices Library to understand what it means, why it was issued, and how to move forward with confidence.
What Is IRS Form 8949? IRS Form 8949 is used to report the sale or disposition of capital assets, such as stocks, bonds, cryptocurrency, real estate, or other investments.[…]
What Is IRS Form 2553? IRS Form 2553 is used by eligible businesses to elect S corporation (S corp) tax status. By filing this form, a corporation or LLC[…]
What Is IRS Form 5472? IRS Form 5472 is an information return used to report certain reportable transactions between a U.S. entity and its foreign owners or related foreign[…]
What Is IRS Notice CP2566? IRS Notice CP2566 is sent when the IRS believes you received health insurance through the Health Insurance Marketplace but did not include Form 1095-A[…]
What Is IRS Notice CP501? IRS Notice CP501 is a first reminder notice sent when you have an unpaid federal tax balance and the IRS has not received payment[…]
What Is IRS Notice CP49? IRS Notice CP49 is sent when the IRS applies your tax refund to a past-due federal tax balance from a prior year. Instead of[…]
What Is IRS Notice CP11? IRS Notice CP11 is sent when the IRS corrects an error on your tax return and the correction results in additional tax owed. The[…]
What Is IRS Form 6251? IRS Form 6251, titled Alternative Minimum Tax (AMT) for Individuals, is used to determine whether you owe the Alternative Minimum Tax (AMT) and to[…]
If you have a tax problem, waiting to act can often make the problem worse and cost you more money. The experts at Precision Tax Relief are standing by to help you put your IRS problems behind you for good.
See how Precision Tax can help you in just 56 seconds:
After years of stress, garnishments and liens, PTR worked diligently to resolve my tax issues for a small fraction of what was owed. Such a weight lifted from my shoulders. I certainly recommend PTR to anyone having to deal with the IRS.
Pamela R.
Amount Owed: $39,728
Settled for: $5,860
Rated 5 out of 5
I am a single mother of one, I was scared and thought I would lose everything I owned. The staff at Precision Tax Relief put me at ease immediately, they worked with me diligently and made everything all right. I will recommend this company… read more
Byron G.
Amount Owed: $110,731
Settled for: $100
Rated 5 out of 5
I would recommend Precision Tax Relief to all my friends and family or anyone who is searching for tax solution. When the IRS was going to start a Levy on my paycheck, I called right away. Larry Nagy, my case manager and attorney, promptly got in touch with the IRS… read more
Karen D.
Amount Owed: $15,553
Settled for: $100
Rated 5 out of 5
Scott Gettis and the team at Precision Tax were wonderful!! They are truly committed to helping you. I recommend if you need help, go to Precision Tax. They are the best. So happy they settled for me! They explained everything. They were kind even though I had… read more
Willard D.
Amount Owed: $38,449
Settled for: $1,575
Rated 5 out of 5
Plucked out of a tax nightmare. Thanks to the team of tax angels at Precision Tax Relief I saw a tax nightmare of over 30k reduced to less than $1600. This allowed me a chance to reboot my life and continue on my new path with really great lessons learned along the way. The team… read more
George R.
Amount Owed: $36,492
Settled for: $200
Rated 5 out of 5
They are professional and precise in their approach to your problem. They took a potential six figure liability of mine to a total forgiveness of debt. I was walking around with a big dark cloud over my head for years and they made it all go away. Every… read more
