Lower your TAXES through Tax Dependants and Exemptions, Former IRS Tax Prep 1-866-700-1040

 

Facts about Dependents and Exemptions for your tax return

There are a few tax rules that affect everyone who files a federal income tax return.

This includes the rules for dependents and exemptions.

Here are  facts on these rules to help you file your taxes to lower your tax bill.

1. Exemptions cut income.

There are two types of exemptions:

a. personal exemptions and

b. exemptions for dependents.

You can usually deduct $3,900 for each exemption you claim on your 2013 tax return.

2. Personal exemptions.

You can usually claim an exemption for yourself. If you’re married and file a joint return you can also claim one for your spouse.

If you file a separate return, you can claim an exemption for your spouse only if your spouse had no gross income, is not filing a return, and was not the dependent of another taxpayer.

3. Exemptions for dependents.

You can usually claim an exemption for each of your dependents.  A dependent is either your child or a relative that meets certain tests.

You cannot claim your spouse as a dependent. You must list the Social Security number of each dependent you claim.

4. Some people do not qualify.

You generally may not claim married persons as dependents if they file a joint return with their spouse.

There are some exceptions to this rule.

5. Dependents may have to file.

People that you can claim as your dependent may have to file their own federal tax return. This depends on many things, including the amount of their income, their marital status and if they owe certain taxes.

6. No exemption on dependent’s return.

If you can claim a person as a dependent, that person can’t claim a personal exemption on his or her own tax return.

This is true even if you don’t actually claim that person as a dependent on your tax return. The rule applies because you have to right to claim that person.

7. Exemption phase-out.

The $3,900 per exemption is subject to income limits.

This rule may reduce or eliminate the amount depending on your income.

Need your tax return prepared by a Former IRS Agent, call us today.

 

IRS Tax Help – Levy, Audits, Back Tax Returns, Settlement – Former IRS – Homestead, Perrine, Goulds, Florida City, FLORIDA

Fresh Start Tax

 

AFFORDABLE – IRS Help – Tax Levy, Audits, Back Tax Returns, Settlement

 

We are a South Florida tax firm that specializes in IRS tax help and tax relief.

We have practiced right here in South Florida since 1982 and we are A+ rated by the Better Business Bureau.

Our firm is comprised of tax attorneys, certified public accountants, and enrolled agents, and former IRS agents and managers.

We can handle any IRS and state tax needs for affordable professional pricing due to our years of practice and our streamlined approach to resolving IRS issues regarding tax levies, tax audits, the filing of back tax returns and IRS settlements.

You can contact us today for free initial tax consultation and hear the different remedies and approaches to resolving any and all IRS problems.

Be wary of any Internet tax firm who does not list  tax professionals on their homepage.

Most of these companies (90% ) are lead generators selling your information to the highest bidder.

If you need professional representation make sure you hire a firm located in the area in which you live, know that they have a walk-in office and they have years of professional experience dealing with the identical issues that you have.

Contact us today for free initial tax consultation and hear the different resolutions, solutions and approaches that we will take with your case.

We are Florida’s affordable professional tax firm with a A plus rating by the BBB.

 

IRS Tax Help – Levy, Audits, Back Tax Returns, Settlement – Former IRS – Homestead, Perrine, Goulds, Florida City

 

 

 

 

 

 

 

 

 

IRS Help – Levy, Audits, Back Tax Returns, Settlement – Former IRS – Homestead, Perrine, Goulds, Florida City

Help with IRS – Tax Levy, Tax Audit, Tax Settlement, Back Returns – AFFORDABLE – Monticello, Madison, Perry, Live Oak, Quincy, Jasper

Fresh Start Tax

 

Affordable Tax Professionals

We are a tax specialty firm that deals exclusively with IRS and state tax problems.

We have practiced in the state of Florida since 1982 and we are one of Florida’s most affordable professional tax forms.

We are A+ rated by the Better Business Bureau.

We are comprised of tax attorneys, certified public accountants, and former IRS agents and managers who have over 60 years of direct work experience with the Internal Revenue Service and over 18 years of experience working for the state of Florida sales tax.

You can call us today if you need help with the Internal Revenue Service and you are experiencing an IRS tax levy or garnishment, IRS tax audit, Florida sales tax audit, or you need an IRS tax settlement otherwise called an offer in compromise.

 

Tax Levy IRS

The Internal Revenue Service sends out over 2 million IRS bank levies and wage garnishment notices each and every year.

If you have received an IRS bank levy you will need to give IRS a financial statement before they will release the levy. Also IRS will probably ask you to file all your back tax returns.

If you receive a tax levy we can get a release of levy within 24 hours after receiving your completed financial statement.

 

Tax Audit IRS

IRS audits about 1% of all tax returns. if you have one the IRS tax audit lottery it only makes sense to have a former IRS agent who know the systems in the protocol represents you during an IRS tax audit. We understand all the settlement formulas in the best way taxpayers should proceed in closing out the audit as fast as possible.

 

Tax Settlement – Offer in Compromise

The Internal Revenue Service accepts 38% of all offers in compromise that are filed. Speaking to an IRS settlement agent, they stated to me that 90% of those accepted offers are filed by professional tax firms.

Before filing an offer in compromise make sure you are a qualified and suitable candidate to settle your case. The offer in compromise is a very specific process  and it is not as easy as many people believe. Go to our pre-qualifier tool on our forms page and take five minutes to walk through the tool and find out if you qualify for the tax settlement.

 

Back Tax Returns

It is critical you file all your back returns with the Internal Revenue Service. If you have an IRS tax levy or tax garnishment they generally will not release your levy or garnishment until all back tax returns are filed.

If you have lost your back tax records we construct your tax return using IRS income transcripts and reconstructive processes.

A little-known fact to taxpayers is that IRS can file your tax returns if you do not file.

If you do not file up on these assessments made by Internal Revenue Service, the IRS will then levy your bank account, your wages and probably file a federal tax lien.

Call us today for free initial tax consultation and speak directly to a tax professional.

 

Help with IRS – Tax Levy, Tax Audit, Tax Settlement, Back Returns – AFFORDABLE – Monticello, Madison, Perry, Live Oak, Quincy, Jasper

 

IRS Help – Levy, Audit, Settlements – Former IRS *Affordable* Chiefland, Newberry, Archer, Trenton

Fresh Start Tax

 

Affordable Tax Professionals

We are a Florida tax firm that specializes in affordable IRS help and tax relief.

We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of Florida’s IRS offices.

We are A+ rated by the Better Business Bureau and have represented  hundreds of Floridians.

 

IRS Tax Levy

IRS’s chief enforcement collection tool is an IRS tax Levy.

IRS issues about 2 million tax levies each year. A IRS Tax Levy usually come out in the form of a garnishment sent to your bank or to your wages.You must address these immediately.

If you received an IRS bank levy:

You have 21 days in which you can contact IRS and keep your money.

If you have received a wage levy:

Your next paycheck will go to the Internal Revenue Service except for a meager amount, somewhere around 10%  that can be kept by the taxpayer.

 

IRS Tax Audits

If you are undergoing an IRS tax audit, you can reach out to us today and we will evaluate your tax audit.

On staff are former IRS agents who worked as audit managers and appellate managers. We are familiar with the complete audit system that IRS has in place. we also understand their settlement theories and settlement formulas.

 

IRS  Settlement – An IRS tax settlement is called an Offer in Compromise.

Before anyone files for a tax settlement I recommend they go on our website and fill out the pre-qualifier tool to make sure they are suitable and acceptable candidate for an offer in compromise.

An offer in compromise allows you to settle your tax debt for less than the full amount you owe.

It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship.

IRS will consider your unique set of facts and circumstances:

1.    Ability to pay;

2.   Income;

3.  Expenses; and

4.   Asset equity.

IRS generally approves an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.

Call us today for a free initial tax consultation and we can walk use in the process of the offer in compromise.

We are A+ rated by the Better Business Bureau, since 1982.

 

IRS Help – Levy, Audit, Settlements – Former IRS *Affordable* Chiefland, Newberry, Archer, Trenton

 

IRS Help – Tax Levy, Tax Audits, Tax Settlement * Affordable * Golden Gate, Bonita Springs, Estero, Everglades City

Fresh Start Tax

 

Affordable Tax Resolution by Former IRS Agents and Managers

Do not let the IRS bully you around.

Bully back with Former IRS agents and managers who know the system.

We have worked out of the Florida IRS offices for over 60 years.

We know exactly what the IRS knows.We are A plus rated by the BBB.

 

Some IRS Facts:

 

  • The IRS files approximately 2,000,000 tax levies each year.
  • The IRS audits 1% of all taxpayers tax returns each and every year.
  • IRS settles approximately 38 % of all offers in compromise or tax settlements that file.

 

If you are experiencing any issues with the Internal Revenue Service and need affordable professional IRS help contact us today for free initial tax consultation. 1-866-700-1040

We can help release bank wage levy garnishments, represent you during an IRS tax audit or file for a tax settlement called an offer in compromise.

 

Areas of Professional Tax Representation

 

  • On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
  • 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

 

 

 

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

 

IRS Help – Tax Levy, Tax Audits, Tax Settlement * Affordable * Golden Gate, Bonita Springs, Estero, Everglades City