Core Resolution Services
✦ Offer in Compromise (OIC)
✦ IRS Installment Agreement
✦ Partial-Pay Installment Agreement
✦ Currently Not Collectible (CNC) Status
✦ Penalty Abatement (First-Time & Reasonable Cause)
✦ Innocent Spouse Relief
IRS Tax Resolution
Our IRS Tax Resolution services are designed to help taxpayers understand their options and pursue the most appropriate resolution strategy. Every case is different, which is why we start by carefully reviewing your tax records, notices, and financial situation before determining the best path forward.
Enforcement Protection & Representation
✦ Levy Release
✦ Wage Garnishment Release
✦ IRS Lien Resolution
✦ Audit Representation
✦ IRS Audit Defense
✦ IRS Audit Notification Review
IRS Investigation & Advocacy
✦ IRS Business Investigation Support
✦ IRS Personal Investigation Support
✦ Tax Resolution Advocate Services
✦ Expedited IRS Communication & Case Escalation
✦ Account Monitoring (IRS Compliance Monitoring)
Compliance & Recovery
✦ Tax Return Filing & Back Tax Compliance
✦ Unfiled Tax Return
✦ Traditional IRS Installment Agreements
✦ IRS Payment Plan & Negotiation
✦ IRS Compliance Monitoring
Accounting Services
Our range of accounting services covers all aspects of financial management, ensuring that your business operates smoothly and efficiently:
Financial Reporting & Record keeping
Bookkeeping, transaction recording, and preparation of financial statements and reports.
Cash Flow Management
Cash flow tracking, forecasting, and financial visibility for better business planning.
Payables & Receivables Management
Accounts payable and receivable tracking to support organized payments and cash flow.
Payroll & Compliance Support
Payroll processing, compliance oversight, and coordination of payroll tax requirements.
Tax Preparation
Accurate tax preparation provides an opportunity to stay compliant, organize financial records, and ensure your returns are filed correctly and on time. Our team has experience supporting clients across a wide range of tax preparation needs, including:
Individual Income Tax Preparation
Preparation of personal tax returns with accurate reporting of income, deductions, and credits.
Corporate Tax Preparation
Corporate tax return preparation to ensure accurate reporting and compliance with filing requirements.
Partnership Tax Preparation
Preparation of partnership tax returns with proper reporting of income and partner allocations.
Federal, State & Local Tax Filing
Preparation and filing of federal, state, and local tax returns to ensure compliance.
Wage & Income Investigation (Individual)
Review of income sources to ensure wages and earnings are accurately reported.
Pre-Filing Compliance Review
Review of financial documents before filing to confirm accuracy and completeness.
Bookkeeping Services
The advances in accounting software are incredible (shout out to QuickBooks), but software can’t offer you the personal touch of a financial services professional who knows YOU. When it comes to bookkeeping, choosing a reliable and knowledgeable partner is essential. Here’s why business owners trust Twenty20 Financial for their bookkeeping needs:
Experienced Professionals
Our team comprises seasoned bookkeeping experts with extensive experience across various industries. We stay abreast of the latest accounting practices and regulations to ensure your books are maintained accurately and efficiently.
Tailored Solutions
We understand that every business has unique financial needs. Our services are customized to fit your specific requirements. We adapt our bookkeeping strategies to align with your business goals and financial situation.
Comprehensive Service Offering
From day-to-day transaction recording to financial reporting and analysis, our bookkeeping services cover all aspects of financial management. Our comprehensive approach ensures that all your bookkeeping needs are met under one roof.
Cost-Effective Outsourcing
Outsourcing your bookkeeping services to Twenty20 Financial is a cost-effective solution. It eliminates the need for an in-house bookkeeping team, reducing overhead costs while ensuring expert handling of your financial records.
AN EDUCATED CLIENT IS AN EMPOWERED CLIENT
our blog
Many taxpayers worry about penalties, audits, or enforcement, but the right response at the right time can make all the difference. In many cases, options like...
In many cases, the root problem isn’t the IRS itself, it’s inaccurate or incomplete information provided during tax preparation. For business owners, especi...
What started as a manageable tax balance can quickly spiral once penalties and interest are added. The reality is this: penalties often grow faster than the or...
Many taxpayers seek IRS penalty relief after discovering problems with their returns, often caused by someone they trusted to handle their taxes. What starts a...
While some taxpayers assume the IRS won’t notice small inaccuracies, the reality is different. In many cases, the IRS waives penalties only under specific cond...
Many people don’t realize they may qualify for IRS penalty relief through a one-time opportunity known as First-Time Abatement (FTA), a program designed to rew...
Many also seek IRS penalty relief, but that too depends on being fully compliant. When people reach out for help with IRS debt, they are often focused on on...
An Offer in Compromise is a formal agreement between a taxpayer and the IRS that allows you to settle your tax debt for less than the full amount owed. While i...
The good news is that in certain situations, taxpayers may be able to waive penalty charges by requesting relief from the Internal Revenue Service. While not e...
In other words, the IRS may reduce or even waive penalty charges when taxpayers meet specific requirements or demonstrate valid reasons for noncompliance. Whil...