by Fresh Start Tax | Aug 29, 2013 | Tax Levy and Wage Garnishments
Let Former IRS Agents and Managers get an Immediate Release of your levy and settle your case at the same time. Since 1982.
If the Internal Revenue Service has issued you a bank or wage levy garnishment contact us today and find out how easy it is to get your money back.
We are comprised of tax attorneys, tax lawyers, certified public accountants, and former IRS agents, managers and tax instructors.
We are a tax specialty firm that deals in federal and state tax resolution.
What you should know up front
If you have received an IRS bank levy please know that the bank must hold that levy for 21 days and that the funds in your bank account will remain frozen.
The money that is frozen are only those funds that were in the bank account on the day, time, and place of the IRS levy.
You can continue to use the bank account and IRS cannot seize funds deposited after the date of the levy unless they issue another IRS bank Levy.
If your bank is giving you a hard time about this call us today and we will fill you in more.
If you have received an IRS wage garnishment levy, unlike the bank levy, wages garnishments are immediate, these and take place on your very next paycheck.
The wage levies are continuous and you will not get your paycheck or wages until the IRS sends your employer a release of the ways Levy garnishment.
By calling us today we can usually get that IRS wage Levy release by your very next pay check.
To get the IRS bank or wage Levy garnishment released you will need to procure a 433-F financial statement to the Internal Revenue Service along with full documentation.
Once IRS receives your completed 433-F along with all documentation they will decide how to close your case off the enforcement computer. After the Internal Revenue Service reviews the financial statement they will place your case in one of three categories.
The Internal Revenue Service after the reviewing your financial statement will either place you into an;
1. economic tax hardship,
2.into an installment agreement, or
3. let you know that you are a IRS settlement candidate.
You can call us today for free initial tax consultation we will review your case and make a recommendation
What is a IRS Bank or Wage Garnishment
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens.
A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in. For instance,
The IRS could seize and sell property that you hold (such as your car, boat, or house), or
We could levy property that is yours but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).
These three requirements need to be met before a IRS bank or Wage Levy Ensnarement :
1. The IRS must assess the tax and sent you a Notice and Demand for Payment;
2. You neglected or refused to pay the tax; and,
3. The IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
If the IRS determines the levy is creating an immediate economic hardship, the levy may be released.
A levy release does not mean you are exempt from paying the balance.
The IRS will work with you to establish payment plans or take other steps to help you pay off the balance.
To help ensure quick action, please have the fax number available for the bank or employer office that is processing the levy.
Employers generally have at least one full pay period after receiving a Form 668-W, Notice of Levy on Wages, Salary and Other Income before they are required to send any funds from their employee’s wages.
If the IRS agent does not comply
You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice.
IRS Bank & Wage Levy Garnishment Lawyers – Jacksonville, Orlando, Tampa
by Fresh Start Tax | Aug 29, 2013 | Tax Help
How to Resolve IRS Tax Debt
If you have received an IRS tax bill or notice on your back taxes contact us today to find out how to take care of this matter as soon as possible for affordable pricing.
We have worked thousands of cases in resolving IRS tax notices and bills.
We are comprised of tax attorneys, certified public accountants, enrolled agents, and former IRS agents and managers with over 60 years of direct work experience with the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
We are A+ rated by the better business bureau and been in private practice since 1982.
As a former IRS agent I will explain to you how to resolve your IRS tax debt.
How to resolve than IRS bill or notice on back taxes.
The Key – Find out how IRS closes there cases.
There is a very specific process on how to resolve your IRS bill or notice on your back tax. There is a very specific protocol that IRS uses on every single case and that is the IRS requires a current and verifiable financial statement which is IRS form 433F.
IRS uses that financial statement to make a closing determination on how will proceed with your case. That financial statement will determine your fate. Internal Revenue Service has to be able to determine the collectibility on back tax debt.
The main key ingredient to this is to know that the IRS will use the last six months as their financial determination focus to make that decision.
You can find that form on our website.
The 433-F, the IRS financial statement
The 433-F can be sent to the Internal Revenue Service at the ACS unit or you can simply call the one 800 number on your last IRS bill or notice and speak to the IRS ACS agent directly.
The IRS agent on the phone will require you to fax the 433-F along with all the documentation to confirm the accuracy and correctness of the tax return.
Beside turning in the IRS financial statement you will be required to turn in your last 3 to 6 months bank statements along with your pay stubs and verify all monthly expenses.
Once the IRS has the 433-F and their hand the IRS will make a determination on how they will close the case off the enforcement computer.
If you do not resolve this matter while your case is in billing or notice status the Internal Revenue Service will issue an IRS bank levy or an IRS wage garnishment levy and will follow up with the filing of the federal tax lien.
It is critical that you contact the Internal Revenue Service while your case is in billing or notice status. If you failed to do that the case will work its way down to a local office and a revenue officer will be knocking on your door.
All IRS collection notices are systemically handled by the IRS computer and not a human hand touches them.
All notices of banks garnishments and wage garnishments are sent out in the thousands each and every day. That is why it is critical to call the IRS so they can input a systemic freeze on your case.
IRS will use your several tax last tax returns as Levy source information to issue a bank or wage garnishment levy to collect on your back tax debt.
As a general rule there are three closing methods to get IRS off your back.
After IRS reviews the financial statement they will make one of three determinations.
1. The IRS will either determine that you are at the current time non-collectible and place you into an economic tax hardship,
2. they can determine that you are a monthly installment payment candidate or
3. the IRS could recommend that you file an IRS tax debt settlement called an offer in compromise.
It also should be known that you must have all tax returns filed and brought up to date along with your current withholding for the year.
IRS will conduct a full compliance check to make sure that all tax returns have been filed and you are currently up to date with this year’s withholding.
The National Standards Test
IRS will use the national and local standards test to determine that you are living within the IRS framework and budgetary standards for hardships and payment agreements.
It is critically important that you understand the national and regional standards test before negotiating any IRS tax bill or notice because that is the sole key in resolving your IRS case on your back taxes.
Free Consultations
If you would like a free consultation contact us today and we can tell you how easy it is to resolve your situation with the Internal Revenue Service.
You can also fill out a form 433-F and fax it to us and we will go over all the tax options you have and show you how to resolve this.
This is a much easier process than you think. You need to speak to experienced former IRS agents who know the process, the format, and the protocols to deal with the situation.
We have over 60 years of direct working knowledge and experience with the IRS we can make this process seamless for you.
You will never have to speak to the Internal Revenue Service.
How to Resolve a IRS Bill Notice on Back Taxes, Former Agent can make this an easy process
by Fresh Start Tax | Aug 28, 2013 | Florida Sales Tax
Has your company has been issued a Notice of Intent to Audit Books and Records from the State of Florida – DR-840?
We can have the auditor come to our location thus avoiding a State of Florida Auditor from taking up your space, your employee’s time, snooping around your business and asking questions to your employees. will
You should never have any tax auditor show up and audit at your location.
As Tax Attorneys, Tax Lawyers , CPA’s, Former Florida Sales Agents and Use Tax Agents we have been defending companies throughout the State of Florida.
If your company or your client is under a current Florida Sales and Use Audit we can provide answers to all of your sales and use tax questions.
Factors that could have caused your Florida business to become a target of a Florida sales tax audit
- Do you purchase supplies for your business from out-of-state vendors or through the Internet?
- Did you sell goods at retail, or wholesale products which you manufacture,
- Did you sell services in Florida, can you be sure you are collecting the appropriate amount of sales tax on the sale of your goods or services?
- If the answer is “yes” to any of these questions you might be targeted by the State of Florida for a sales and use tax audit.
The state of Florida Sales Tax Audits targets different businesses, different industries and different geographical boundaries to make sure they have a very balanced approach to the sales tax audits in the state of Florida.
Sate of Florida Sales Tax must ensure total coverage for the entire state therefore all industries and businesses are included in sales tax audits.
No industries are excluded.
When the state of Florida sales tax division finds widespread industry abuse they will put a lot of their time and resources into correction.
As a general rule that could mean convictions, heavy penalties, fines and certainly media and newspaper publicity. They do this to get the attention of the public and mainly to help control industry abuses.
As a general rule when the state or federal agency puts out a number of press releases it is attempting to let the public know there plan a future attack.
It also should be noted that the state of Florida sales and use tax division conducts random audits as well as targeted audits.
Other factors that have to be considered for Florida Sales Tax Audits:
- industries presently selected as targets
- amount of exempt sales being claimed
- Amount of total sales being reported
- ratio of exempt sales to total sales
- adverse information from customers or employees
Most of these factors are obvious but the state of Florida sales tax audit division is always coming up with more programming targeting the industries where revenue success is obvious.
Companies with a history of prior audits where there was significant recovery will definitely get audited again.
Larger companies with high amounts of sales and those reporting high amounts of exempt sales are also targeted.
You should also be aware that Florida sales tax audits occur many times when ex- spouses and former employees turn and companies, individuals, and corporations that have been tax cheats over the years purely for retribution. So be careful what you say and who you say it to.
Professional Tax Representation
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents, Former Sales Tax Agents, State of Florida
- Full Service Accounting Tax Firm,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A” Plus
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
- Former Sales Tax Auditor of 16 years
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Areas of Professional Tax Practice:
- Same Day IRS Tax Representation
- Offers in Compromise or IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits
- IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction
- Consulting, Services, Representation
- INCOME, BUSINESS TAX CONSULTANTS
- bookkeeping and accounting services
- Tax Court
- Florida Sales Tax Defense
Florida Sales Tax Defense – Sales Tax Lawyers, Former Agents
by Fresh Start Tax | Aug 28, 2013 | Back Taxes, Tax Relief
Back Tax Debt Relief
Last year the IRS filed over 2.6 million and over 900,000 federal tax liens.
The good news, IRS is finally ready to help taxpayers with the Fresh Start Program.
If you are struggling with Back Tax Debt there may be a program just right for you.
We are comprised of tax attorneys, CPAs, and former IRS agents, managers, instructors. We worked out the local South Florida IRS offices for a combined 60 years and have been in practice in South Florida since 1982.
We have an A+ rating by the Better Business Bureau.
Last year the Internal Revenue Service initiated some tax programs that offers taxpayers back tax debt relief. This new program is called the IRS fresh start.
Unlike prior years the Internal Revenue Service is starting to realize rather than punishing taxpayers with levies and liens they can both help the taxpayer and help themselves by relieving some of the pressure put on taxpayers below back tax.
The three new programs initiated by the Internal Revenue Service are helping people with the federal tax liens, the settlement program, and installment agreements.
These changes have really helped struggling taxpayers with their back tax debt.
As a former IRS agents and instructors with the Internal Revenue Service it is a long time coming but IRS is finally starting to work with taxpayers who have back tax debt.
The IRS Fresh Start program makes it easier for taxpayers to pay back taxes and avoid tax liens. Even small business taxpayers may benefit from Fresh Start.
Here are three important features of the Fresh Start program for Back Tax Debt Relief
Federal Tax Liens.
The Fresh Start program increased the amount that taxpayers can owe before the IRS generally will file a Notice of Federal Tax Lien.
That amount is now $10,000. However, in some cases, the IRS may still file a lien notice on amounts less than $10,000.
When a taxpayer meets certain requirements and pays off their tax debt, the IRS may now withdraw a filed Notice of Federal Tax Lien. Taxpayers must request this in writing using Form 12277, Application for Withdrawal.
Some taxpayers may qualify to have their lien notice withdrawn if they are paying their tax debt through a Direct Debit installment agreement. Taxpayers also need to request this in writing by using Form 12277.
If a taxpayer defaults on the Direct Debit Installment Agreement, the IRS may file a new Notice of Federal Tax Lien and resume collection actions.
Installment Agreements.
The Fresh Start program expanded access to streamlined installment agreements. Now, individual taxpayers who owe up to $50,000 can pay through monthly direct debit payments for up to 72 months (six years).
While the IRS generally will not need a financial statement, they may need some financial information from the taxpayer.
Taxpayers in need of installment agreements for tax debts more than $50,000 or longer than six years still need to provide the IRS with a financial statement. In these cases, the IRS may ask for one of two forms:
Either Collection Information Statement, Form 433-A or Form 433-F.
Offers in Compromise.
An Offer in Compromise is an agreement that allows taxpayers to settle their tax debt for less than the full amount. Fresh Start expanded and streamlined the OIC program. as a former IRS agent and tax instructor I would caution all individuals trying to file an offer in compromise on their own. They are much more complicated and complex than people think. Your best chance of getting your offer in compromise accepted is through a legitimate tax professional.
The IRS now has more flexibility when analyzing a taxpayer’s ability to pay. This makes the offer program available to a larger group of taxpayers.
Generally, the IRS will accept an offer if it represents the most the agency can expect to collect within a reasonable period of time. The Internal Revenue Service receives approximately 60,000 offers a year and accepts approximately 38% of them.
The IRS will not accept an offer if it believes that the taxpayer can pay the amount owed in full as a lump sum or through a payment agreement. The IRS looks at several factors, including the taxpayer’s income and assets, to make a decision regarding the taxpayer’s ability to pay.
Use the Offer in Compromise Pre-Qualifier tool on IRS.gov to see if you may be eligible for an OIC. You may also find the IRS pre-qualifier tool right on our website.
These are not the all-encompassing programs that are used by the Internal Revenue Service. Contact us today to learn more about your particular case and how we can permanently settle your IRS problem.
Contact us today for a free initial tax consultation and speak to a truly qualified tax professional to help your back tax debt.
Back Tax Debt Relief – Attorneys, Former IRS – Miami, Ft.Lauderdale, Boca, Palm Beaches
by Fresh Start Tax | Aug 28, 2013 | Florida Sales Tax, Sales Tax, State of Florida
FLORIDA Sales, Use Tax Audit
Have Former State of Florida Sales Tax Auditors fight back.
Do not be bullied by Florida’s Department of Revenue. It’s important for you to understand your rights so the state of Florida does not overstep their authority.
We have over 300 years a professional tax experience, over 60 years with the Internal Revenue Service and over 16 years of working with the Florida Department of revenue Sales and Use Tax Division.
We can give you immediate peace of mind.
As former IRS and state of Florida tax agents we know the exact protocols and the exact settlement techniques that you need.
We know the exact systems to help you reduce any tax liability or exposure you have regarding a Florida sales,use tax audit.
It only makes sense to fight back with former State of Florida Sales tax agents who understand the entire system.
We can cut down the time of your tax audit and because of our expertise can achieve this for affordable pricing.
Stop your worrying right now.
The aggressiveness of Florida Sales, Use Tax
The State of Florida Sales Tax have been aggressively pursuing Florida businesses and owners. Sales Tax Audits are expected to soar during the next 3 years.Fact, the State of Florida conducts as more audits than the IRS in the State of Florida.
With the State of Florida needing revenue and not wanting to raise taxes, the easiest place to find extra money is through where else, through Sales, Use Tax audits.
The State of Florida have been actively putting in new software and updating their old systems to get a better handle on filings and delinquent paying issues. The State of Florida business owners will find a much quicker response time when sales tax returns are not filed and payments are not made.
What we offer and why we are different from other professionals.
Besides having an expertise in sales tax law we have three layers of professionals that review cases. From Tax Attorneys, Lawyers, CPA’s and Former Agents, we have over 300 years of total professional tax experience and over 76 years of working directly for the government.
What Types of Records Will I Need to Provide for a Florida- Sales, Use Tax Audit
What type of records you will need for a Sales Tax Audit for State of Florida Sales Tax.
When the State notifies you of our intent to audit, they will also tell you what records you will need to provide.
The types of records may include, but are not limited to:
1. General ledgers and journals
2. Cash receipt and disbursement journals
3. Purchase and sales journals
4. Sales tax exemption or resale certificates
5. Florida tax returns
6. Federal tax returns
7. Depreciation schedules
8. Property records
The State of Florida sales tax agents many times extend this list.
You can never know what to expect. It is always best to have a professional tax firm represent your best interest.
How long to keep your records for Sales Tax Audit, Florida purposes.
You must keep your records for three years since an audit can extend back that far. The Department of Revenue may audit for periods longer than three years if you did not file, or filed a substantially incorrect return or payment.
FLORIDA – SALES,USE TAX AUDITS – Fight Back With Former Agents
