by Fresh Start Tax | Apr 30, 2014 | Tax Help
We are affordable experts IRS tax consultants.
We are comprised of former IRS agents and managers who have a combined 60 years of direct IRS experience in the local, district, and regional tax offices of the IRS.
While employed at the IRS we taught the tax law new IRS agents. We know the system!
The fresh start tax office is comprised of tax attorneys, tax lawyers, CPAs, enrolled agents and former IRS agents.
We have a formidable tax team that are built to get fast, quick and affordable results in dealing with any IRS problem.
From a simple IRS notice or letter to going to tax court we can affordably help any taxpayer with any IRS problem they have.
Call us for a no cost consult, you have nothing to lose.
You will understand your tax problems much better after speaking to one of our tax professional or IRS tax experts.
You will enjoy affordable results.
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 & State Tax Representation
- Offers in Compromise / 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
- FBAR/FATCA Experts
IRS Tax Consultants,Affordable IRS Experts, Settle Tax Problems , Knoxville, Memphis, Nashville
by Fresh Start Tax | Apr 30, 2014 | Tax Help
AFFORDABLE FORMER IRS AGENTS CAN GET IMMEDIATE RESULTS
Being former IRS agents and managers we know exactly how to stop in IRS bank or wage Levy garnishment.
Within 24 hours of receiving your IRS financial statement we can get you a IRS tax levy release on a bank or wage garnishment levies and settle your case.
We know the system. After a combined 60 years of direct work experience in the local, district, and regional tax offices of the IRS we know the exact protocols necessary to get fast, quick and affordable tax relief for IRS tax Levy.
Believe it or not IRS does not want to Levy.
IRS sends out a bank OR wage garnishment levies only because taxpayers have not responded to a final notice sent by Internal Revenue Service.
As a general rule, the IRS sends anywhere from 3 to 4 letters indicating that they would like to taxpayer to contact them regarding an outstanding balance.
The IRS IRM manual requires IRS to systematically file a bank or wage garnishment levy to enforce the tax laws of the United States.
Not a human hand touches the levy they are send out systematically by IRS’s CADE2 computer.
How to get your tax levy released
If you want to get an immediate release of an IRS bank or wage garnishment levy you will need to provide IRS with the current financial statement.
That financial statement will be on form 433-F.
That financial statement needs to be fully documented including bank statements, pay stubs, and the last three months worth of expenses.
IRS will then make a determination based on your current financial statement as to how they will close your case and issue the levy release.
IRS may determine to put you into a:
- non-collectible file,
- ask you for a monthly payment or
- let you know that you can settle your IRS tax debt with an offer in compromise.
IRS Help to a settle IRS tax debt
To settle an IRS tax debt you must be eligible to file what is known as an offer in compromise.
To learn more about the offer in compromise you simply need to look at our website and you will find the detail that is necessary.
Another way is to use the IRS pre-qualifier tool that you can find on our website as well and you can find out the cheapest, fastest in the lowest dollars in IRS will settle for.
Call us today for initial tax consultation.
We are comprised of tax attorneys, tax lawyers, certified public accountants and former IRS agents, managers and tax instructors.
Levy – IRS HELP, IRS Bank, Wage Garnishment, Settle IRS Debt – Nashville, Knoxville, Memphis
by Fresh Start Tax | Apr 30, 2014 | Tax Help
We know the system to get fast and affordable tax debt relief. We worked at the IRS. We know the system.
We are a full service tax firm that specializes in IRS tax debt relief.
We have a nationwide tax practice.
Our firm includes tax attorneys, tax lawyers, certified public accountants, enrolled agents, and former IRS agents, managers and tax instructors.
We have over 206 years professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of IRS.
While at Internal Revenue Service we taught tax law at the Atlanta regional training center.
We are true affordable tax experts in tax debt relief and are A+ rated by the Better Business Bureau.
When you call us you can speak directly to a tax attorney, tax lawyer, certified public accountant or a former IRS agent.
We will work up an individual plan that best satisfies your current financial situation for IRS tax debt relief.
IRS Tax Debt Relief
The Internal Revenue Service has expanded its “Fresh Start” initiative to help struggling taxpayers who owe taxes.
The following four tips explain the expanded relief for taxpayers.
Penalty relief Part of the initiative relieves some unemployed taxpayers from failure-to-pay penalties.
Penalties are one of the biggest factors a financially distressed taxpayer faces on a tax bill.
The Fresh Start Penalty Relief Initiative gives eligible taxpayers a six-month extension to fully pay 2011 taxes.
Interest still applies on the 2011 taxes from April 17, 2012 until the tax is paid, but you won’t face failure-to-pay penalties if you pay your tax, interest and any other penalties in full by Oct. 15, 2012.
The penalty relief is available to two categories of taxpayers:
1. Wage earners who have been unemployed at least 30 consecutive days
during 2011 or in 2012 up to this year’s April 17 tax deadline.
2. Self-employed individuals who experienced a 25 percent or greater
reduction in business income in 2011 due to the economy.
To qualify for this penalty relief, your adjusted gross income must not exceed $200,000 if married filing jointly or $100,000 if your filing status is single, married filing separately, head of household, or qualifying widower. Your 2011 balance due can not exceed $50,000.
Installment agreements.
An installment agreement is a payment option for those who cannot pay their entire tax bill by the due date. The Fresh Start provisions give more taxpayers the ability to use streamlined installment agreements to catch up on back taxes and also more time to pay.
The new threshold for requesting an installment agreement has been raised from $25,000 to $50,000. This option requires limited financial information, meaning far less burden to the taxpayer.
The maximum term for streamlined installment agreements has been raised to six years from the current five-year maximum.
If your debt is more than $50,000, you’ll still need to supply the IRS with a Collection Information Statement (Form 433-A or Form 433-F).
You also can pay your balance down to $50,000 or less to qualify for this payment option.
With an installment agreement, you’ll pay less in penalties, but interest continues to accrue on the outstanding balance.
In order to qualify for the new expanded streamlined installment agreement, you must agree to monthly direct debit payments.
Offer in Compromise IRS Tax Debt Relief
Under the first round of Fresh Start in 2011, the IRS expanded the Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
An Offer in Compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
The IRS recognizes many taxpayers are still struggling to pay their bills so the agency has been working on more common-sense changes to the OIC program to more closely reflect real-world situations.
An offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement.
The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
Tax Attorney, Tax Lawyer, IRS Tax Debt Relief Affordable Experts, Nashville, Memphis, Knoxville,
by Fresh Start Tax | Apr 30, 2014 | Tax Help
We can file all your back tax return and work out a tax settlement all at the same time. We know the system being Former IRS.
Being a former IRS agent I have found after dealing with thousands of taxpayers that once a taxpayer does not file one year, multiple tax years are not filed thereafter.
It is very commonplace because fear, panic and worry set in.
At some point in time everyone will have to file their back tax returns because they will eventually get a letter from the Internal Revenue Service requesting their tax returns be filed.
If that this is the case for you call us today and we can walk you through the process and let you know how you can not only file your back tax returns but workout effective tax settlement as well.
In some cases you will have to file three back tax years in another cases, six tax year will be required.Everything depends on your individual situation and your asset base.
What is so sad about some taxpayers is that many lose tax refunds.
Make sure this does not happen to you.
There is a three-year statute of limitations to get your refunds back.
General IRS Policy Statement 5-133
Delinquent returns—enforcement of filing requirements
Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted.
However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval. Also, if delinquency procedures are not to be enforced for the full six year period of delinquency, prior managerial approval must be secured.
Filing Back Tax Returns, Owe Back Taxes, Offer in Compromise ,Knoxville, Memphis, Nashville,
by Fresh Start Tax | Apr 29, 2014 | Tax Help
With a combined 60 years of direct IRS work experience we can stop IRS levies and settle your case.
Have Former IRS Agents and Managers STOP your IRS Bank Tax Levy or Wage Garnishment.
Get Your Paycheck and Bank Money Back in Your Pocket.
If you have received a IRS paycheck wage garnishment or an IRS bank tax levy contact us today to get immediate tax relief for both situations.
As former IRS agents and managers we issued thousands of paycheck wage garnishment levy’s and IRS bank tax levies when we worked for the IRS and as a result we know the fastest and most expeditious way to get the money back in your pocket.
We can get you immediate releases of paycheck wage garnishments and IRS bank tax levies as soon as we can get your documented financial statement in hand.
As a general rule we can get this relief within 24 hours.
Not only can we stop your paycheck wage garnishment or your IRS bank tax levy we can work out a tax settlement.
If you have to file back tax returns we can get you current with the Internal Revenue Service even if you have little or no tax records.
The Process of Getting your Bank and Payroll Money Back
As former IRS Agents, Managers and Instructors we have issued thousands of IRS Wage Garnishment and Bank Levies, yes thousands.
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to the IRS.
2. FST will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case.
We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records.
3. The IRS requires a current documented financial statement.
We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement.
The IRS will require a closing settlement method for each case. IRS will either place your case into an economic tax hardship, as for monthly installment agreement or recommend a tax settlement.
4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.
IRS Tax Settlement Agreements or closing your case can be in different forms:
a. Hardship Settlements.
Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable.
Your case will go into a hardship status because you do not have the income coming in to meet your current expenses.
The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements.
Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.
c. Offer in Compromise through the new Fresh Start Program of the IRS
There are three types of OICs:
The IRS may accept an Offer in Compromise based on three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration/ Exceptional Circumstances.
There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC.
To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
We can solve any IRS problem you have from a simple notice or letter to going to tax court.
Call us today for free initial tax consultation.
Stop IRS Bank & Wage Garnishment Tax Levy with Former IRS Agents – NASHVILLE
