Tom's No Stress Tax Relief was founded in 2021 to provide affordable, ethical tax relief to our community. Most tax situations arise from errors in tax preparation and misunderstandings of tax rules and regulations.
The IRS and state taxing authorities provide many solutions for resolving these issues. Let us take the fear out of the negotiation process by providing our expertise and understanding of these matters. These can range from providing an Offer in Compromise to setting up an installment payment plan to having interest and penalties abated, to audit representation. We also offer guidance on the Employee Retention Tax Credit (ERTC) for small businesses.
Ethical and affordable tax relief
Community-centered approach
Expertise in Offer in Compromise and ERTC
Services
Tax Resolution
Offers solutions such as Offer in Compromise, installment plans, penalty abatement, and audit representation.
Offer in CompromiseInstallment AgreementsPenalty AbatementAudit Representation
Employee Retention Tax Credit (ERTC) Guidance
Assists small businesses in determining eligibility and claiming the ERTC, especially those with PPP loan forgiveness.
Eligibility AssessmentFree ConsultationMaximize ERTC and PPP Benefits
Credentials & Certifications
Enrolled Agent (EA)
Since 2021
Certified Public Accountant (CPA)
Since 1981
Frequently Asked Questions
What is an Offer in Compromise? +
An Offer in Compromise allows taxpayers to settle their tax liability for less than the full amount owed, based on an assessment of the taxpayer's ability to pay.
How does the Employee Retention Tax Credit (ERTC) work? +
The ERTC provides a refundable tax credit to eligible employers for wages paid to employees during the COVID-19 pandemic, with amounts up to $26,000 per qualified employee.
What if my business experienced a revenue decline? +
If your business experienced a 50% decline in gross receipts during any quarter of 2020 or a 20% decline in 2021, you may qualify for the ERTC.