by Jim Magary | Nov 30, 2015 | Tax Help
We can file your Late Back Tax Returns and settle your case all at the same time. Former IRS, since 1982.
As former IRS agents and managers we know the system to file your back tax returns and settle your tax debt all at the same time.
We have worked on thousands of cases since 1982. we know all the systems in all the protocols to make this an easy and seamless process.
There is a very specific format and methodology to go ahead and take care of your IRS tax matter together.
Do not be afraid to file your back tax returns. We know the system and can get you back into the good graces with IRS without pain and worry.
Many taxpayers need to file multiple back tax returns because for various reasons they stop filing their tax returns.
As former IRS agents we understand that most taxpayers get scared when they have to file back tax returns thinking the IRS is going to hunt them down or possibly be put in jail. This is simply not the case. IRS simply wants you back into the system.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years.
A determination will be made based on various criteria.
As former IRS agents we understand the protocols and the systems that IRS uses to make these determinations. We will apply those methodologies to your case, file your back tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods.
We can get IRS tax transcripts and do cost of living analysis the file your back tax returns.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service.
Based on your current financial statement, the IRS has various options for settlements.
They may determine based on your current and documented financial statement to put you into a currently uncollectible status, may ask you to make a monthly payment agreement or review the criteria for you to settle your case by the filing of an offer in compromise.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make a confident decision based on the facts.
We are a full-service firm of all work done in-house. We are used by other firms to do their backend work.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
How to File Late Tax Returns + File & Settle Back Taxes + Affordable
by Fresh Start Tax | Nov 30, 2015 | Tax Help
We can file your Late Back Tax Returns and settle your case all at the same time. Former IRS, since 1982.
As former IRS agents and managers we know the system to file your back tax returns and settle your tax debt all at the same time.
We have worked on thousands of cases since 1982. we know all the systems in all the protocols to make this an easy and seamless process.
There is a very specific format and methodology to go ahead and take care of your IRS tax matter together.
Do not be afraid to file your back tax returns. We know the system and can get you back into the good graces with IRS without pain and worry.
Many taxpayers need to file multiple back tax returns because for various reasons they stop filing their tax returns.
As former IRS agents we understand that most taxpayers get scared when they have to file back tax returns thinking the IRS is going to hunt them down or possibly be put in jail. This is simply not the case. IRS simply wants you back into the system.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years.
A determination will be made based on various criteria.
As former IRS agents we understand the protocols and the systems that IRS uses to make these determinations. We will apply those methodologies to your case, file your back tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods.
We can get IRS tax transcripts and do cost of living analysis the file your back tax returns.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service.
Based on your current financial statement, the IRS has various options for settlements.
They may determine based on your current and documented financial statement to put you into a currently uncollectible status, may ask you to make a monthly payment agreement or review the criteria for you to settle your case by the filing of an offer in compromise.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make a confident decision based on the facts.
We are a full-service firm of all work done in-house. We are used by other firms to do their backend work.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
How to File Late Tax Returns + File & Settle Back Taxes + Affordable
by Fresh Start Tax | Nov 30, 2015 | Tax Help
We can file your back tax returns and settle your case all at the same time. Affordable, CPA’s and Former IRS, since 1982.
As former IRS agents and managers we know the system to file your back tax returns and settle your tax debt all at the same time.
We have worked on thousands of cases since 1982. we know all the systems in all the protocols to make this an easy and seamless process.
Do not let the filing of past due tax returns to enjoy on your life. Stop the worry today.
There is a very specific format and methodology to go ahead and take care of your IRS tax matter together.
Do not be afraid to file your back tax returns.
We know the system and can get you back into the good graces with IRS without pain and worry.
Many taxpayers need to file multiple back tax returns because for various reasons they stop filing their tax returns.
As former IRS agents we understand that most taxpayers get scared when they have to file back tax returns thinking the IRS is going to hunt them down or possibly be put in jail. This is simply not the case. IRS simply wants you back into the system.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years.
A determination will be made based on various criteria.
As former IRS agents we understand the protocols and the systems that IRS uses to make these determinations. We will apply those methodologies to your case, file your back tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods.
We can get IRS tax transcripts and do cost of living analysis the file your back tax returns.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service.
Settlements of IRS Tax Debt, Settle Now
Based on your current financial statement, the IRS as various options for settlements.
They may determine based on your current and documented financial statement to put you into a currently uncollectible status, may ask you to make a monthly payment agreement or review the criteria for you to settle your case by the filing of an offer in compromise.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make a confident decision based on the facts.
We are a full-service firm of all work done in-house. We are used by other firms to do their backend work.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
How to File Past Due Tax Returns + Affordable, Settle IRS Debt + CPA’s & Former IRS
by Fresh Start Tax | Nov 30, 2015 | Tax Help
Affordable, Former IRS : We can file your back tax returns and settle your case all at the same time.
As former IRS agents and managers we know the system to file your back tax returns and settle your tax debt all at the same time. We are the affordable tax firm.
There is a very specific format and methodology to go ahead and take care of your IRS tax matter together.
Do not be afraid to file your back tax returns. We know the system and can get you back into the good graces with IRS without pain and worry.
Many taxpayers need to file multiple back tax returns because for various reasons they stop filing their tax returns.
As former IRS agents we understand that most taxpayers get scared when they have to file back tax returns thinking the IRS is going to hunt them down or possibly be put in jail. This is simply not the case. IRS simply wants you back into the system.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years.
A determination will be made based on various criteria.
As former IRS agents we understand the protocols and the systems that IRS uses to make these determinations. We will apply those methodologies to your case, file your back tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods.
We can get IRS tax transcripts and do cost of living analysis the file your back tax returns.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service.
Settlements of Tax Debt
Based on your current financial statement, the IRS as various options for settlements.
They may determine based on your current and documented financial statement to put you into a currently uncollectible status, may ask you to make a monthly payment agreement or review the criteria for you to settle your case by the filing of an offer in compromise.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make a confident decision based on the facts.
We are a full-service firm of all work done in-house.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
Need to File Taxes + File Back Tax Years & Settle Your IRS Tax Debt + Affordable + Former IRS
by Jim Magary | Nov 24, 2015 | Tax Help
We are an “AFFORDABLE” full-service tax firm that specializes in payroll tax resolution including unpaid employment & payroll taxes. Since 1982, A plus rated.
Our firm has a combined 65 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS.
As former IRS agents and managers we understand the systems, the protocols, and the settlement options you have to resolve unpaid employment taxes.
We know the settlements options, do not be worried.
IRS has a very specific process to deal with Unpaid Employment & Payroll Taxes.
As a former IRS Agent, I have worked hundred of these cases. I know the system inside and out.
There are various solutions and resolution techniques in dealing with your situation. Usually within 10 minutes of talking to any client on the first initial consultation we can go over all your options.
The resolution of your case is dependent on the facts of your situation and your current financial statement.
Every situation will be thoroughly reviewed and a plan of action will be provided to you as the best, the most effective and the most affordable way to deal with this tax situation.
As a former IRS agents, please understand the Internal Revenue Service looks closely at employment tax issues and also trust fund penalties.You want to avoid the trust fund penalty if possible.
If your business is currently in operation and you have on unpaid employment tax issues, IRS will work best with you if you are current on all your tax deposits.
IRS will also seek to set up the trust fund penalty against any responsible officers or employees that would’ve paid these taxes.
IRS will require a form 433B which is a business financial statement and usually require a form 433A which is a personal financial statement and use that as a basis to collect the back taxes.Each situation is completely unique.
Payroll Settlements:
Anytime money is owed on back taxes payroll taxes the IRS will need a current financial statement. IRS will require form 433 a for personal reasons and 433B for business reasons. IRS will expect those financial statements to be completely documented.
IRS settlements can come in three forms.
IRS can place the case and to currently not collectible, IRS may ask for a monthly installment agreement, or IRS may consider your tax debt through the offer in compromise program.
For those who owe back payroll taxes IRS has the right to collect the money personally from responsible persons. Please read below.
Employment Taxes and the Trust Fund Recovery Penalty (TFRP)
IRS encourages prompt payment of withheld income and employment taxes, including social security taxes, railroad retirement taxes, or collected excise taxes, Congress passed a law that provides for the TFRP.
These taxes are called trust fund taxes because you actually hold the employee’s money in trust until you make a federal tax deposit in that amount.
The TFRP may apply to you if these unpaid trust fund taxes cannot be immediately collected from the business. The business does not have to have stopped operating in order for the TFRP to be assessed.
Who can be Responsible for the trust fund and distribution is she is way is the 401(k) and in professional are:
The TFRP may be assessed against any person who:
• Is responsible for collecting or paying withheld income and employment taxes, or for paying collected excise taxes, and
• Willfully fails to collect or pay them.
A responsible person is a person or group of people who has the duty to perform and the power to direct the collecting, accounting, and paying of trust fund taxes.
This person(s) may or could be:
• An officer or an employee of a corporation,
• A member or employee of a partnership,
• A corporate director or shareholder,
• A member of a board of trustees of a nonprofit organization,
• Another person with authority and control over funds to direct their disbursement,
• Another corporation or third-party payer,
• Payroll Service Providers (PSP) or responsible parties within a PSP
• Professional Employer Organizations (PEO) or responsible parties within a PEO, or
• Responsible parties within the common law employer (client of PSP/PEO).
For willfulness to exist, the responsible person:
• Must have been, or should have been, aware of the outstanding taxes and
• Either intentionally disregarded the law or was plainly indifferent to its requirements (no evil intent or bad motive is required).
Using available funds to pay other creditors when the business is unable to pay the employment taxes is an indication of wilfulness.
You may be asked to complete an interview in order to determine the full scope of your duties and responsibilities.
Responsibility is based on whether an individual exercised independent judgment with respect to the financial affairs of the business.
An employee is not a responsible person if the employee’s function was solely to pay the bills as directed by a superior, rather than to determine which creditors would or would not be paid.
Figuring the TFRP Amount: Trust Fund Taxes
The amount of the penalty is equal to the unpaid balance of the trust fund tax. The penalty is computed based on:
• The unpaid income taxes withheld, plus
• The employee’s portion of the withheld FICA taxes.
For collected taxes, the penalty is based on the unpaid amount of collected excise taxes.
Assessing the Trust Fund Taxes
If we determine that you are a responsible person, we will provide you a letter stating that we plan to assess the TFRP against you.
You have 60 days (75 days if this letter is addressed to you outside the United States) from the date of this letter to appeal our proposal.
The letter will explain your appeal rights. Refer to Publication 5, Your Appeal Rights and How to Prepare a Protest if You Don’t Agree (PDF), for a clear outline of the appeals process.
If you do not respond to our letter, we will assess the penalty against you and send you a Notice and Demand for Payment.
Call us today for a free initial tax consultation we will thoroughly review your case and provide the options which you can choose.
