by Fresh Start Tax | Oct 31, 2012 | IRS Tax Debt, IRS Tax Experts, IRS Tax Problem, Tax Levy and Wage Garnishments
Help with IRS Tax Levy – Levy Relief & Settlement 1-866-700-1040
We can remove or release your tax levy or garnishment and settle your case with the IRS.
Stop your worry today, have former IRS agents and managers who know the system get you immediate tax relief from the IRS Levy.
IRS Tax Levies can be released very quickly and for affordable prices.
Believe it or not, the IRS does not want to levy your wages or seize your bank account. The system called CADE 2 does this automatically. Once the IRS computer system does not recognize a valid contact within the letter or notice period the system systemically issues the Notice of Tax Levy.
By calling us today you will probably have your levy release this week. 1-866-700-1040.
We will secure a power of attorney, make sure the tax liability is correct and work out a settlement plan with the IRS.
Settlement plans includes hardship, payment plans or settling for pennies on a dollar if you qualify.
Before we take any fee for a offer in compromise which is a IRS tax settlement, we will pre-qualify your case to make sure you are a candidate.
Process – Candidate for an Offer in compromise of a IRS Tax Settlement
Submitting your offer in compromise
We can give you step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF).
Forms and Documents
Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms,
Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656,
Application Fee:
$150 application fee (non-refundable); and
Initial payment (non-refundable) for each Form 656.
Select a payment option
Your initial payment will vary based on your offer and the payment option you choose:
Lump Sum Cash.
Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
Periodic Payment.
Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.
How did IRS get your Levy information.
It comes from you. You usually give them your own tax levy information. The IRS does little to have to find it.
1. If you have written a check to the IRS, the IRS codes that information into the C.A.D.E. 2 computer system for future IRS Audit, Collection or Criminal use.
2. If you have called the IRS in the past couple of years, the IRS may have asked for the information over the phone.
3. If the IRS has secured a financial statement in the past, the information usually stays in the system for 6 – 7 years and becomes a part of your file for the remainder of the statute.
4. If you are divorced or separated, many times that information may come from your spouse who cannot wait to give IRS the information. Yes, spouse revenge.
5. The IRS can get information from third parties. You never know who may give them information about you.
6. Most of the Tax Levy or Garnishment information comes from your tax return from prior tax years. The IRS simply looks at your W-2’s and your 1099’s. This is the best source of IRS Levies. I would say 95% of all tax levies or tax garnishments are generated from this tax source.
7. The IRS can also get Tax Levy/Garnishment information from your credit report.
This provides a wealth of information and a field day for the IRS. If your case goes to the field for a Revenue Officer to work, your credit report becomes a harvest for the Agent.
Call us today for IRS tax help for wage garnishments and tax levies. 1-866-700-1040.
Help with IRS Tax Levy – Levy Relief & Settlement – Costa Mesa, Long Beach, Anaheim, Glendale, Irvine, Newport, Huntington
by Fresh Start Tax | Oct 30, 2012 | Back Taxes, California Tax, IRS Payment Plans, IRS Representation, IRS Tax Debt, IRS Tax Experts, IRS Tax Problem, Tax Help
Back Tax Relief – Late, Unfiled, Past Due Tax Returns – Hire Former IRS Agents 1-866-700-1040
We are a professional tax firm with over 205 years of professional tax experience. We have over 60 years of direct working experience with the IRS in the local, district and regional offices of the IRS.
We taught Tax Law at the IRS.
We know the system so stop the worry NOW!
We can get you immediate tax relief, so stop your worry today and contact us for a no cost professional tax consult. 1-866-700-1040.
If you have back, late, unfiled or past due tax returns with or without records we can file your back tax returns. We will also settle your case with the Internal Revenue Service.
We are friendly, local and affordable.
Fresh Start Tax LLC
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
If you have a back tax issue it is best to resolve the issues before you force the hand of IRS to take enforcement action. Believe it or not the IRS does not want to levy or lien.
Because of a lack of response from the taxpayer, the IRS system and the CADE 2 computer automatically generates federal tax liens and federal tax levies.
We can stop the IRS usually with on telephone call from an experienced tax representative.
What IRS will request.
IRS will request all your tax returns to be filed. They will usually give us a 30 day window to prepare all tax returns. During that process the IRS will usually suspend all collection and enforcement action on your case. Liens and levies will usually not be filed.
A Decision to Make
If, on the unfiled tax returns you owe tax (married filing jointly), make a decision whether or not to include both husband and wife on the liability. Sometimes it is better to only have one party responsible for the tax. We will talk over this situation with both spouses so the IRS cannot tie up joint assets.
Payment Agreements to the IRS
If you owe less than $50,000, you can get a streamline agreement automatically. Just call us today, 1-866-700-1040. We will not require a financial statement and can usually close your case out within the week.
Beware of Pension Plans or IRA’s
If you have a pension, 401K or IRA, the IRS can or will ask if you can liquidate it to pay the taxes. Find out beforehand if you can liquidate.Find out the consequences of doing so. If you owe under $50,000 this will not apply to you.
Can you settle your case?
Find out whether you qualify for an Offer in Compromise. An OIC can suspend IRS collection action. IRS will look at your assets and your income to make a determination. If you complete a 433OIC we will review your case and tell your whether you qualify for a Offer in Compromise. If IRS accepts the Offer your tax lien will be released.
Be current with your taxes.
Make sure you are current for withholding or estimated payments in the current year of the tax problem. IRS will verify that you have enough withholding being taken out of your check so you do not incur more taxes. You can adjust your W-2 or your 1040 ES payments.
Four million taxpayers pay their taxes using an installment agreement. Find out the criteria for a payment agreement before you call the IRS. Do not call the IRS without first having a plan.
Call us today and get some of the best tax professionals in the business for affordable prices, 1-866-700-1040.
Back Tax Relief – Late, Unfiled, Past Due Tax Returns – Costa Mesa, Anaheim, Newport, Glendale, Orange, Long Beach, Fullerton, Luguna – IRS Experts
by Fresh Start Tax | Oct 30, 2012 | IRS Representation, IRS Tax Audit, IRS Tax Problem, Representation, Sales Tax, Tax Help
IRS Tax Audit – IRS Representation Help – IRS & State Tax Representation
Have Former IRS Agents and Managers Represent you for an IRS Tax Audit
Hire True Tax Professional, stop the worry! We can save you money and completely resolve your IRS issue.
We were Former IRS Audit Agents/Managers and know the procedures and policies. We can prevent IRS to wreck havoc in your life. 1-866-700-1040.
Do not be fooled by other companies. Call us and speak directly to Former IRS Agents, Managers and Instructors who have over 60 years working directly for the IRS.
The odds of you getting audited by the IRS are about 1%.
IRS Audits 1.4 million tax returns each year. Rate of corporate returns being audited are far greater sometimes up to 10%.
The more money you make the greater likelihood your tax return will be audited.
If you need professional tax help to represent you on a individual or business tax audit call us today for the finest available Federal or State tax representation.
We are the true IRS and State tax experts. We are comprised of Board Certified Tax Attorneys, CPA’s, Former IRS Agents & Managers and Enrolled Agents.
You can met with us directly, contact us by telephone of Skype.
Fresh Start Tax – Joe Dimino
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
IRS Tax or State Sales Tax Audits
Both government agencies can audit your tax return for a variety of reasons. As a general rule, the computer has selected your tax return for a tax audit.
The DIF Score, the main reason for tax audits.
Each tax return is issued a DIF Score (Discriminatory Index Function). According to the IRS and Former IRS agents who worked in the tax audit section, a DIF Score “is a mathematical technique used to score income tax returns for examination potential.
This technique establishes the National Average Guidelines.
If if your DIF score for your tax return is above the national average, then the risk of an audit escalates. The highest scoring tax returns are then forwarded to an IRS Examiner/ Agent for further review. All returns are manually screened.
So what triggers a high DIF Score?
Falling out of the National Average Guidelines in the areas of Charitable Contributions, Casualty Losses, Home Office, and Travel & Entertainment, excessive deductions and taking to many unauthorized tax credits will affect the tax return’s DIF Score.
How DIF Actually Works
To arrive at the DIF score for each tax return, the IRS computer identifies returns by assigning weights, algorithms and certain basic tax return characteristics.
These weights are added together to obtain a systemic composite score for all tax returns. That score is used to rank all returns into numerical sequence.
The highest scores are then manually reviewed by IRS Agents at the Service Centers to determine the merit and worthiness of a Tax Audit.
One Caution
You want to avoid IRS picking up multiple years during your tax audit. There are ways to prevent this action.
Call us for more details. 1-866-700-1040.
by Fresh Start Tax | Oct 30, 2012 | IRS Tax Problem, Payroll Tax Audits, Trust Fund Tax / Payroll Taxes
IRS Trust Fund Help – Trust Fund Penalties & LLC’s – Former IRS
If you need Trust Fund Help, call us today 1-866-700-1040.
Being Former IRS Agents many tax professionals call us with different tax related questions when it comes to certain issues with the IRS of a technical nature.
With IRS being very aggressive with payroll taxes and trust fund tax. IRS can hold those responsible for paying the payroll taxes responsible for the trust fund penalty or the payroll tax penalty. Those responsible parties will have to pay the withholding and one – half of the social security back to the IRS and will do so as part of an individual liability.
Definition of a Responsible Person
A “responsible person” is one who has the duty to perform or the power to direct the act of collecting, accounting for, or paying over trust fund taxes.
When evaluating responsibility, consider the Supreme Court decision in Slodov v. United States, 436 U.S. 238, 78-1, USTC 9447 (1978).
IRS Trust Fund Establishing Responsibility.
Most trust fund recovery penalty cases involve officers of corporations. However, a responsible person may be one or more of the following:
a. an officer or employee of a corporation
b.a member or employee of a partnership
c.a corporate director or shareholder
d.a related controlling corporation
e. a lender, a surety, or any other person with sufficient control over funds to direct disbursement of the funds, or
f. in some cases, a person assuming control after accrual of the liability.
In each situation, determine who had a duty to see that taxes were withheld, collected, or paid over to the government at the specific time the failure occurred. There can be more than one responsible person.
How a LLC to the IRS standard
The LLC makes the election on how it is to be treated for Federal Income purposes on the Form 8832. If no election is made for a single-member LLC it is defaulted as a disregarded entity.
The Form 2553 is used by a corporation to make the “S” election.
An owner of a disregarded single member LLC for the purposes of the employment taxes will be liable for the employment taxes only to the extent of IRC 6672.
A Single-Member LLC’s , Employment Taxes and the IRS
A “single-member” Limited Liability Company (LLC) will not always protect you from being personally liable for un-paid employment taxes.
A “single-member” LLC is an LLC that is owned 100% by a single owner/member and is referred to as a single-member LLC. Based upon the “check-the-box” regulations for classification of entities, a single-member LLC can be treated as a disregarded entity whereby the owner, rather than the LLC, is treated as the taxpayer.
Under the check-the-box rules, a single member LLC automatically will be treated as as a “disregarded entity” unless an election is made to treat the LLC as a corporation.
To the surprise of many single-member LLC owners who have not elected to be treated as corporations, the IRS has been able to disregard the state-sanctioned liability protections of a single-member LLC and go after the individual owner’s personal assets for the employment taxes.
The IRS announced in Notice 99-6 that for a disregarded entity such as a single-member LLC, the owner of the entity retains the ultimate responsibility for the employment tax liabilities with respect to the employees of the disregarded entity.
Thus, if the LLC does not pay the payroll taxes, the IRS will proceed against the owner of the LLC. Even if the single-member LLC files for bankruptcy, the IRS can collect from the owner of the of the single-member LLC.
The liability for employment taxes is a greater amount than the Trust Fund Recovery Liability under IRC section 6672. The Trust Fund Recovery Liability is for the employee’s FICA tax withheld and the income tax withhold.
As an owner of a single-member LLC, the liability is for Trust Fund Taxes plus the employer’s FICA taxes and the unemployment taxes.
The good news is that per amended Treasury Regulations 1.34-1, 1.1361-4, 1.1361-6 and 301.7701-2 that became effective January 1, 2009; the owner of a single-member LLC will not be held liable for the employment taxes of the LLC for wages paid after January 1, 2009.
Still, the owner of the single-member LLC will be held liable for the Trust Fund Recovery Liability under section 6672 for those wages paid after January 1, 2009.
The bad news is that any unpaid payroll taxes owed for wages paid before January 1, 2009 are still the responsibility of the owner of the single-member LLC. The IRS will go after his personal assets for the unpaid employment taxes.
Trust Fund Help, Trust Fund Penalties & LLC’s , Former IRS, Payroll Tax Penalty
by Fresh Start Tax | Oct 30, 2012 | IRS Tax Problem, Offer in Compromise, Tax Lien, Tax Problem Help, Tax Settlements
Do you need to get a Federal Tax Lien Released or Removed?
There are different ways to get this done and get IRS tax relief.
Fresh Start Tax is comprised of Board Certified Tax Attorneys, Tax Lawyers, CPA’s and Former IRS Agents.
With over 205 years of professional tax experience and over 60 years with the IRS we can help resolve any tax problem you have.
Free Consult. 1-866-700-1040.
It is of utmost importance to avoid the federal tax lien at all costs. Many times if you contact IRS while you are in notice status it is possible to avoid the filing of the federal lien. You should call us for more details.
Settling with the IRS will remove the Federal Tax Lien.
When a taxpayer submits and the IRS approves a Offer in Compromise, the IRS will remove the Federal tax Lien for pennies on a dollar. However you must qualify for an Offer in Compromise to settle with the IRS. You can call us today and we can see if you are a candidate for a IRS tax settlement. On staff of Fresh Start Tax LLC is a former IRS agent who was a Offer in Compromise specialist.
New IRS Tax Law helps those having IRS Tax Liens.
Tax Lien Thresholds
The IRS is significantly increase the dollar thresholds when federal tax liens are filed.
The new dollar amount is in keeping with cost of living changes since the number was last revised. Federal Tax liens are automatically filed at certain dollar levels for people or businesses with tax balances.
A federal tax lien ( FTL ) gives the IRS a legal claim to a taxpayer’s property for the amount of an unpaid tax debt.
Filing a Notice of Federal Tax Lien is necessary to establish priority rights against certain other creditors. Usually the government is not the only creditor to whom the taxpayer owes money. The filing of the Tax Lien will destroy your credit rating.
A federal lien informs the public that the U.S. government specially the IRS has a claim against all property, and any rights to property, of the taxpayer. This includes property owned at the time the notice of lien is filed and any acquired thereafter.
Tax Lien Withdrawals
The IRS will also modify procedures that will make it easier for taxpayers to obtain lien withdrawals.
Federal Tax Liens will now be withdrawn once full payment of taxes is made if the taxpayer requests it. The IRS has determined that this approach is in the best interest of the government and the taxpayer as well.
In order to speed the withdrawal process, the IRS has now streamlined its internal procedures to allow collection personnel to withdraw the liens.
Direct Debit Installment Agreements and Liens
The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement . For taxpayers with unpaid assessments of $25,000 or less, the IRS will now allow lien withdrawals under several scenarios:
1.Lien withdrawals for taxpayers entering into a Direct Debit Installment Agreement.
2. The IRS will withdraw a lien if a taxpayer on a regular Installment Agreement converts to a Direct Debit Installment Agreement.
3. The IRS will also withdraw liens on existing Direct Debit Installment Agreements upon taxpayer request.
4. Federal Tax Liens will be withdrawn after a probationary period demonstrating that direct debit payments will be honored.
New Rule by the IRS under the Fresh Start Program
The IRS recently approved new rules to assist struggling Taxpayers due to the economic recession. The new rules state that the IRS will withdraw tax liens that are filed against taxpayers who meet certain criteria.
If you owe less than $25,000 to the IRS and enter into a payment agreement the IRS will withdraw the lien.
IRS Tax Lien Discharge or IRS Tax Lien Subordination.
Other Ways to Remove a Federal Tax lien
1. Paying your tax debt in full.
This is obviously the quickest and the fastest way to get rid of a federal tax lien. The IRS releases your lien within 30 days after you have paid your tax debt. If you walk into the local office with a cashier check you can ask the IRS to issue you a release right on the spot.
2.When conditions are in the best interest of both the government and the taxpayer.
We have a client that a third party lender was going to give the taxpayer money to pay off some of the lien. We persuaded the IRS to release the lien for this funding to go through. Situations that benefit both the government and the taxpayer can also release the federal tax lien.
3.Discharge of property.
Allows property to be sold free of the lien. The seller or buyer can submit Publication 783, Instructions on How to Apply for Certificate of Discharge From Federal Tax Lien (PDF).Call us for more details.
4. Subordination.
This does not remove the federal tax lien , but allows other creditors to move ahead of the IRS, which may make it easier to get a loan or mortgage. For more information review Publication 784, Instructions on How to Apply for a Certificate of Subordination of Federal Tax Lien.
This is available on (PDF).
5.Withdrawal.
This removes the public notice and assures that the IRS is not competing with other creditors for your property. If applying for a withdrawal, use Form 12277, Application for the Withdrawal of Filed Form 668(Y), Notice of Federal Tax Lien (PDF).
Call us for a no cost consultation, 1-866-700-1040.
