by Jim Magary | Jan 29, 2015 | Tax Help
The IRS continues to aggressively pursue the criminals that file fraudulent returns using someone else’s Social Security number.
The Dirty Dozen is compiled annually by the IRS and lists a variety of common scams taxpayers may encounter any time during the year.
Many of these con games peak during filing season as people prepare their tax returns or hire someone to do so. This year for the first time, the IRS will issue the individual Dirty Dozen scams the next 12 business days to raise consumer awareness.
“Scams can be sophisticated and take many forms.
Tax-related identity theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund.
While the IRS has made significant strides over the past several years to address this issue, it remains a top concern for the IRS, which is why identity theft remains on the Dirty Dozen again list this year as the IRS works to protect taxpayers and help victims.
As a result of these aggressive efforts to combat identity theft from 2011 through October 2014, the IRS has stopped 19 million suspicious returns and protected over $63 billion in fraudulent refunds.
For 2015, the IRS will continue to increase both the number and efficiency of the identity theft data models and filters that are used to identify potentially fraudulent returns.
These pre-refund filters stop the vast majority of fraudulent returns. Additionally, the IRS continues to expand its partnerships with financial institutions to identity and stop fraudulent refunds.
IRS Criminal Investigation continues its robust efforts, and in Fiscal Year 2014, the IRS initiated 1,063 identity theft-related investigations.
Criminal Investigation enforcement efforts resulted in 748 sentencings as compared to 438 in FY 2013, an increase of 75 percent.
Our incarceration rate rose to 87.7 percent as compared to 80.6 percent in FY 2013.
The courts imposed significant jail time with the average months to serve in FY 2014 at 43 months as compared to 38 months in FY 2013 with the longest sentencing being 27 years.
Fighting identity theft is an ongoing battle as identity thieves continue to create new ways of stealing personal information and using it for their gain.
Identity theft cases are among the most complex handled by the IRS. The IRS is continually reviewing processes and policies to minimize the incidence of identity theft and to help those who find themselves victimized.
The IRS is working hard to streamline its internal process, but more work remains.
In an effort to help victims, the IRS has issued approximately 1.5 million Identity Protection PINs (IP PINs.)
The IP PIN is a unique, six-digit number that is assigned annually to victims of identity theft with resolved cases for use when filing their federal tax return.
The IP PIN will allow these individuals to avoid delays in filing returns and receiving refunds.
This year, the IRS will continue its IP PIN pilot program that allows taxpayers who filed tax returns last year from Florida, Georgia or the District of Columbia to opt into the IP PIN program.
Additionally, the IRS is offering approximately 1.7 million taxpayers the opportunity to opt in to the IP PIN program in instances where the IRS has identified indications of identity theft on their accounts.
The IRS understands that identity theft is a frustrating, complex process for victims. While identity thieves steal information from sources outside the tax system, the IRS is often the first to inform a victim that identity theft has occurred.
The IRS is working hard to resolve identity theft cases as quickly as possible.
by Jim Magary | Jan 29, 2015 | Tax Help
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Immediate IRS Tax Levy Relief
An IRS tax Levy usually comes in two forms.An IRS bank levy or an IRS wage garnishment levy.
Both IRS tax levies are different.
An IRS Bank Levy puts a freeze on your money for 21 days where an IRS wage garnishment levy is an immediate seizure of your paycheck. the bank will send your frozen funds to IRS on the 22nd day.
The IRS will give you 21 days to work out a settlement before they receive the funds. your employer is mandated by law to send your next paycheck to the Internal Revenue Service if they have received a wage garnishment notice.
Certain exemptions apply but approximately 80% of your check will go to the Internal Revenue Service because of the IRS tax levy garnishment.
Within 24 hours of receiving your current financial statement, and as a general rule we can get your tax levy garnishment released and your case settled with the Internal Revenue Service.
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by Jim Magary | Jan 29, 2015 | Tax Help
How to Choose the Right Filing Status
It’s important that you use the correct filing status when you file your tax return.
Your status can affect the amount of tax you owe for the year.
It may even affect whether you must file a tax return.
Keep in mind that your marital status on Dec. 31 is your status for the whole tax year.
Sometimes more than one filing status may apply to you. If that happens, choose the one that allows you to pay the lowest tax.
Here’s a list of the five filing statuses:
1. Single.
This status normally applies if you aren’t married.
It applies if you are divorced or legally separated under state law.
2. Married Filing Jointly.
If you’re married, you and your spouse can file a joint tax return together. If your spouse died in 2014, you often can file a joint return for that year.
3. Married Filing Separately.
A married couple can choose to file two separate tax returns. This may benefit you if it results in less tax than if you file a joint tax return. It’s a good idea for you to prepare your taxes both ways before you choose. You can also use it if you want to be responsible only for your own tax.
4. Head of Household.
In most cases, this status applies if you are not married, but there are some special rules. You also must have paid more than half the cost of keeping up a home for yourself and a qualifying person. Don’t choose this status by mistake. Be sure to check all the rules before you file.
5. Qualifying Widow(er) with Dependent Child.
This status may apply to you if your spouse died during 2012 or 2013 and you have a dependent child.
Certain other conditions also apply.
Note for same-sex married couples. In most cases, you and your spouse must use a married filing status on your federal tax return if you were legally married in a state or foreign country that recognizes same-sex marriage.
That’s true even if you now live in a state that doesn’t recognize same-sex marriage.
by Jim Magary | Jan 29, 2015 | Tax Help
Have AFFORDABLE Former IRS Agents and Managers who know the system get immediate releases of Bank and Wage Garnishment Levies.
We can get you an immediate release of an IRS bank levy, wage garnishment levy and settle your case all at the same time.
We will review your case and find out if you can settle your debt for pennies on a dollar through the offer in compromise program.
We are a full-service IRS & State tax firm that specialized in IRS tax levy help relief, filing of back tax returns, tax audits and anything IRS related.We know the system
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Call us today for a free initial tax consultation.
To get immediate Removals of a IRS Tax Levy Garnishment
To get an IRS tax levy, bank levy or wage garnishment levy released you will need to give IRS a current and documented financial statement.this is be on IRS form 433 f. This is required on all cases were levies have been issued.
as a special note please be advised that with bank levies there’s a 21 day freeze on your account within IRS wage garnishment levy that will be an immediate seizure of the majority of your next paycheck. Your employer is not allowed to give you any money ( exemptions given ) unless they receive a tax levy garnishment release.
We will walk you through the process, call Internal Revenue Service and get your case off the IRS enforcement computer and get your money back from the Internal Revenue Service.
Thorough the levy garnishment release process, IRS will want copies of your last three months bank statements, cut copy of you last pay stub and also a copy of all monthly expenses to make sure you are living within the national norms and standards.
Within 24 hours of giving us your current financial statement, as a general rule , we can get immediate release of your IRS tax levy or wage garnishment and your case closed all at the same time.
Call us today for free initial tax consultation.
You will never have to speak to the IRS.
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Also note of note, if you have not filed back returns IRS may insist on the filing of back tax returns before they were an IRS tax levy garnishment.
San Antonio = IRS Tax Levy Garnishment Immediate Removal + FAST AFFORDABLE + Former IRS, EXPERTS, Since 1982
by Jim Magary | Jan 29, 2015 | Tax Help
Have AFFORDABLE Former IRS Agents and Managers who know the system get immediate releases of Bank and Wage Garnishment Levies.
We can get you an immediate release of an IRS bank levy, wage garnishment levy and settle your case all at the same time.
We are a full-service tax firm that specialized in IRS tax levy help relief.
FST has over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
As former IRS agents we taught tax law, tax protocol and tax systems to the new seasoned agents.
Some on our staff even wrote some of section 5 dealing with the Internal Revenue Service collection provisions as it applies to taxpayers. We know the system and how to get immediate and permanent tax relief.
Call us today for a free initial tax consultation.
To get immediate Removals of a IRS Tax Levy Garnishment
To get an IRS tax levy, bank levy or wage garnishment levy released you will need to give IRS a current and documented financial statement.this is be on IRS form 433 f.
We will walk you through the process, call Internal Revenue Service and get your case off the IRS enforcement computer and get your money back from the Internal Revenue Service.
IRS will want copies of your last three months bank statements, cut copy of you last pay stub and also a copy of all monthly expenses to make sure you are living within the national norms and standards.
Within 24 hours of giving us your current financial statement, as a general rule , we can get immediate release of your IRS tax levy or wage garnishment and your case closed all at the same time.
We will also review your case to find out if you are a tax settlement candidate with the offer in compromise program.
One person on our staff was a former revenue officer and taught the offer in compromise program at Internal Revenue Service.
Call us today for free initial tax consultation.
You will never have to speak to the IRS.
We are one of the most experience, honest and professional tax firms in the industry.
Houston – IRS Tax Levy Garnishment Immediate Removal + FAST AFFORDABLE + Former IRS, EXPERTS, Since 1982
