Tax Debt Relief Tips – North Carolina DOR

IRS and North Carolina Department of Revenue tax liabilities can be devastating. M&M Financial helps struggling taxpayers nationwide resolve IRS and NC-DOR tax debts. Call (866) 487-5624 to discuss your tax issues with an expert.

If you owe the North Carolina Department of Revenue, the following information may be of use to you.

• North Carolina DOR does not have a formal Offer in Compromise (OIC) program to resolve back tax debt. However, an operating business may have a difficult time getting the NC-DOR to consider its OIC.
• NC-DOR typically doesn’t allow Installment Agreements (IA) greater than 6 months, although longer terms are possible with financial review and manager approval.
• NC-DOR monthly IA payments must be direct debit.
Penalties may be abated for the following reasons
o death of taxpayer or immediate family member,
o serious/sudden illness of taxpayer or immediate family member,
o natural disaster,
o good compliance record.
• The good compliance record has several criteria items that must be met in order for consideration and each taxpayer is allowed one 100% penalty waiver for each tax type every three years.

M&M Financial assists both businesses and individuals resolve their tax debts with both the IRS and State taxing authorities, including the North Carolina DOR. Take a look at some of M&M’s North Carolina tax debt relief client case examples near you.

Tel: (866) 487-5624

Tax Debt Help Greensboro, NC 27406

M&M Financial Consulting, Inc.  Call (866) 487-5624 for tax debt help.

A North Carolina childcare provider was consumed with worry at the thought of her company’s swelling IRS back tax debt. When her liability grew to more than $41,000, and with dozens of tax resolution firms aggressively courting her business, our client wisely hired the tax experts at M&M. She told us immediately that she knew she was in good hands. And because our client fed us the documents and information we requested of her in a timely manner, she was able to return to her passion: The care and comfort of the children of her close-knit community. M&M navigated her through the complex maze if IRS negotiation, solving her IRS dilemma by securing her an affordable $2,000 per month Payment Plan to satisfy a $41,000 IRS tax debt. Are you or your business in need of professional back tax help? Talk to the experts at M&M today!

M&M’s Tax Resolution System has resolved many more North Carolina Tax Debts. Contact us at, by phone at (866) 487-5624, or complete our contact form at

Tax Debt Help Charlotte, NC 28206

M&M Financial helps struggling businesses and individuals in Charlotte, NC and across the country resolve and reduce their tax debts.  Call (866) 487-5624.

M&M has successfully negotiated a formal Installment Agreement with the IRS for a client located in Charlotte, NC. Our client had accrued approximately $29,500 in delinquent business payroll tax. Initially she was faced with impending levies and further enforced collection actions by the IRS. M&M recently secured a $550 monthly payment to pay the debt over more than four years.

M&M’s Tax Resolution System has worked for many delinquent North Carolina taxpayers. Click here to see more. Contact us at, by phone at (866) 487-5624, or complete our contact form at

Find out more about IRS Installment Agreements by reading M&M’s October 12, 2012 blog post Yipee-I-A! IRS Installment Agreements Often Play Hard To Get.

Non-Filers and the IRS Substitute for Return (IRS Pile Driver and Wesley Snipes, Again)

Famed Day Walker and Vampire Slayer Wesley Snipes is currently serving a three-year prison sentence for tax evasion. Poor Blade. A well known tax protestor, Snipes was charged with six counts of willfully failing to file federal income tax returns by their filing dates, among other serious tax crimes. Most “non-filers” are not punished so severely. (By the way, isn’t protesting taxes synonymous with yelling at tornadoes or picketing rainstorms? In either case, there’s not much we can do to change those circumstances, or our responsibilities as taxpayers.)

However, the IRS does take non-filing very seriously. In the most flagrant cases, criminal prosecution has been recommended to those individuals that willfully fail to file tax returns. For non-filers that fail to respond to IRS requests for missing tax returns, the Service can get medieval. Internal Revenue Code 6020(b) allows the IRS to prepare returns and secure tax liability assessments from non-filing taxpayers who have an open filing requirement and do not file a return as required. This process is called a Substitute for Return (SFR).  While the SFR may be no match for Jon Cena and his superstar wrestling buddies in the WWE, it is certainly a potent weapon in the IRS’ arsenal.  The SFR certainly delivers the compliance equivalent of a Pile Driver, if you will.

An SFR will often generate a tax liability much larger than that of the original tax return, if it had been filed timely by the taxpayer. In SFR cases, a delinquent taxpayer may lower his/her tax debt significantly and may even eliminate it altogether by simply preparing and submitting the missing, original tax return to the Service. For those that owe the IRS back taxes, whether business or personal, filing all missing returns to gain compliance is vital.
It is IRS policy that a delinquent taxpayer must have all tax returns filed before a resolution to back tax liabilities will be considered. Remember, full compliance is a prerequisite to all Installment Agreements, Offers in Compromise, and Currently Not Collectible status resolutions.

M&M recently secured a formal IRS Installment Agreement for a North Carolina business that came to us owing approximately $70,000. In our initial research, we determined that the business had several 941 payroll tax returns that were not filed by our client. The IRS had created SFRs and assessed a massive payroll tax liability to the business. After the original 941 returns were filed by our client and processed by the IRS, the tax debt had decreased to about $6,000. Our client now pays $400 per month to satisfy the remaining tax liability.  Click here, to find more of M&M’s North Carolina client resolutions.

M&M Financial specializes in resolving business tax debts stemming from delinquent payroll tax. M&M’s Tax Resolution System is designed to locate compliance issues such as SFRs, ensuring the best possible results for our clients. Complete our contact form at, or call us at 866-487-5624 to find out how M&M’s Tax Resolution System can help you.