Additional Services

Additional “Done For You” Services Our Firm Provides

There are so many other issues and problems which come up in the course of a normal business or family, that to list all of them would not be beneficial. However, there are additional services our firm has assisted with, in addition to those which carry a fuller description. We’re happy to help you with any of these services!

Bankruptcy Options That Work

Bankruptcy Can Be The Beginning of Your Financial Restoration!

If you are contemplating bankruptcy to wipe out tax issues, unfiled back taxes, interest, and penalties, have a professional thoroughly review your situation prior to filing. In some cases, bankruptcy will leave you with the clean slate necessary to start over. If you don’t qualify to eliminate tax liabilities through bankruptcy, however, you may find that when all is said and done, you still have a massive tax liability left to deal with.

Contact U S Tax Solutions at (423) 870-9336 and let us help!

Budgeting

Taxes – One of the Two Certainties in Life

What do I do if I Can’t Afford to Pay my Taxes?

If you’re among the many Americans who are self-employed or working on commission, your somewhat unpredictable income makes it tough to create a budget. But that doesn’t mean you don’t need one! No matter how you get paid,you’ve still got to stick to a plan so your irregular income and the taxes owed to Uncle Sam doesn’t get out of control.

Start with a Plan! Don’t avoid the problem!

U S Tax Solutions can help!

Continuing Solutions

Congratulations, it looks like we finally have your IRS problem under control!

Now let’s keep it that way.

IRS problems have a funny way of coming back to haunt people if they’re not careful and sometimes, even when they are. U S Tax Solutions wants to partner with you to assure that your IRS problem stays under control in the future.

You have invested valuable time and resources to get the IRS “target” off of your back. Are you confident that the IRS will keep your negotiated agreement “intact”? Our Continuing Solution Plans are designed to protect your investment. Please contact our office for more information.

Identity Theft

Taxes. Security. Together.

We all have a role to play in protecting your data in this age of identity theft. Your data and your privacy are both very important to us at US Tax Solutions. We ask you to partner with us to protect your personal, tax and financial data online and at home.

Depend on us for awareness and informative measures necessary to face this constantly evolving enemy – the identity thief.

Offer Protection

Congratulations on the acceptance of your Offer in Compromise!

You have invested too much time, effort and finances in getting your “offer” accepted; you don’t want it to default because of an IRS glitch.

Future compliance for accepted Offer in Compromise clients is mandatory and you are actually on IRS probation for the next five years; therefore, we have designed a special package to help you stay in compliance! It is our Offer Protection Plan. Please call the office to see if you qualify to enroll in this valuable protection plan.

Payment Convenience

U S Tax Solutions can make your IRS payments for you.

If you’re an individual taxpayer, we can securely pay the IRS directly from your checking or savings account and provide you with confirmation that your payment has been submitted for the following:

  • Tax Return
  • Estimated Tax
  • Amended Return
  • Installment Agreement
  • Proposed Tax Assessment
  • Extension
  • Audit Adjustment/CP2000

UNLIMITED PAYMENTS PER QUARTER

NO HASSEL, NO WORRY

Please call the office if you are interested in enrolling in U S Tax Solutions PAYMENT CONVENIENCE PLAN.

Is Student Loan Forgiveness Taxable for Chattanooga Taxpayers in 2026?

Quick AnswerStudent loan forgiveness may count as taxable income in 2026 if the forgiven balance does not qualify for a separate federal exclusion. Long-term income-driven repayment forgiveness is the main area where borrowers may face a tax bill. Public Service Loan...

How the Secure 2.0 Act Changes Beneficiary IRS Tax Rules For Your Chattanooga Heirs

Quick Answer: Under the SECURE 2.0 beneficiary IRA tax rules, most non-spouse heirs must fully liquidate an inherited IRA within 10 years, with many also facing mandatory annual required minimum distributions (RMDs) if you pass away after age 73. Because the...

Calculating Crypto Taxes Simplified For Chattanooga Investors

 Quick Answer: Crypto taxes are calculated by subtracting your cost basis from your gross proceeds for each taxable sale, swap, or purchase made with cryptocurrency. The IRS treats crypto as property, so selling crypto, trading one token for another, or...

Who Can Claim the American Opportunity Tax Credit? Guidance for Chattanooga Parents

 Quick Answer: The American Opportunity Tax Credit (AOTC) must be claimed by whoever legally lists the student as a dependent on their federal tax return. If a parent claims the undergraduate, the parent gets the credit; if the student is independent, they...

What Happens If I Pay My Quarterly Taxes Late? Chattanooga IRS Tax Resolution Help

Quick AnswerIf you pay quarterly estimated taxes late, the IRS may charge an underpayment penalty based on the amount you should have paid, when it was due, and how long it stayed unpaid. Paying late is still usually better than waiting until you file, but it may not...

2026 Guide to Short-Term Rental Taxes for Chattanooga Airbnb & VRBO Hosts

Key TakeawaysYou do not have to pay federal income tax on rental earnings if you rent your home for 14 days or fewer per year and use it personally for more than 14 days (or 10% of the rental period). You will only receive a Form 1099-K if you exceed $20,000 in...

Do You Get Better Tax Breaks For Being Married, Chattanooga Couples?

 Key TakeawaysMost married couples lower their tax liability by choosing the Married Filing Jointly status, which preserves access to deductions that separate filers lose. When there is a significant income gap between partners, combining earnings on a joint...

Will Filing For Bankruptcy Clear Student Loans For Chattanooga Debtors?

Key TakeawaysFiling for bankruptcy does not automatically get rid of student loans. You usually have to take an extra legal step and prove repayment would create an undue hardship. If student loan debt is discharged, forgiven, settled, or canceled, the tax result...

Do You Have to Pay Taxes On Sports Betting? What Chattanooga Bettors Need To Know

Key TakeawaysThe IRS considers all sports betting payouts as ordinary income, regardless of the amount or whether you received a tax form. For the 2026 tax year, you can only deduct 90% of your gambling losses against your winnings, even if you ended the year...

The Chattanooga Taxpayer’s Guide: How Do I Calculate My Federal Tax Withholding?

Key TakeawaysA large refund is an interest-free loan to the government, while a big bill suggests you are at risk for IRS underpayment penalties. Updating your Form W-4 by late April allows you to spread adjustments across the majority of the year, minimizing the...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

Let Us Help: