How to Reduce Your Tax Debt + Former IRS Agents Who Know the SYSTEM

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Michael Sullivan Fresh Start Tax Expert

 

We are an affordable professional tax firm with over 95 years of direct IRS work experience. Since 1982.

 

Call us today for a free initial tax consultation and find out if you are eligible for an IRS tax settlement to settle for pennies on the dollar if you qualify.

This is the only way to REDUCE YOUR TAX DEBT!

Negotiation with the IRS over back taxes is the job of the seasoned tax professional who knows the systems and the methodologies and the formulas of the Internal Revenue Service.

IRS has a very specific formula that they use to compute the offer in compromise which is the vehicle to reduce your tax debt.

I have over 40 years in this industry and it is critical if you want to settle your tax debt for the lowest possible amount you should go to true tax professionals.

I can tell you within minutes reviewing your current financial statement whether you are a true candidate for the offer in compromise program to settle your tax debt.

We can review with you the different IRS tax debt settlement programs and find out if you are a qualified and eligible for any of the IRS programs.

 

Other ways to Settle, Negotiate Tax Debt or Reduce Your Tax Debt

 

As a general rule, you may apply for hardships, payment agreements or settle for an offer in compromise to settle your debt for pennies on the dollar.

We will review with you your financial statement and let you know what the lowest possible settlement IRS will accept.

STATS :40% of all persons that owe back taxes are placed into a hardship or are currently not collectible status and 6.5 million taxpayers enter into annual payment agreements.

 

If you want to settle for less on an IRS tax debt you must know the system. The system is all about the formulas and the methods that IRS uses to settle their tax debt.

 

The IRS tax debt settlement program is called the offer in compromise.

 

If you want to file an offer in compromise I thought you’d like to know what the statistics are.

Last year over 78,000 offers in compromise/IRS tax debt settlement were filed by taxpayers and over 38% of those were accepted for average of $6500 per case.

At the current time there are 7500 cases in the offer queue. The average wait time is nine months. There are not enough IRS employees to work the current inventory.

Keep in mind this is a national average in your case is completely dependent on your individual financial statement.

We will not file for an offer in compromise unless you are a true candidate for the program.There is a pre qualifer tool to find out if you are a settlement candidate for income or business tax debt.

Upon your initial tax consultation we’ll let you know if you are eligible to have an accepted offer in compromise by the Internal Revenue Service.

 

Due to the new fresh start tax initiative Internal Revenue Service had made it easier to file for the program. However this program is not for everybody. Everyone wants to settle with IRS but there is a very specific format and methodology that must be followed.

There are many myths about the pennies on the dollar program so you need to hear the truth before spending any money.

There are many firms that take your money and then let you know after the fact you are not qualified. you need to know before hand whether you have a fighting chance. being a former IRS agent employee gives you a huge advantage of having the review your offer in compromise to settle your tax debt.

 

IRS Tax Debt Settlement Program to Reduce Your Tax Debt is Called the Offer in Compromise

 

At our firm we will take no clients money until we are no they are a true candidate for the settlement program.

There are many myths about the offer in compromise so IRS and in their great wisdom provides a pre-qualifier tool to find out if taxpayers are eligible for the offer in compromise program so taxpayers do not give their hard-earned money to unsuspecting tax firms promising tax settlements.

If you have any questions or issues about the offer in compromise program to settle or negotiate your debt for pennies on the dollar, call us today and we will review your case to let you know if you are a qualified and suitable candidate.

 

The IRS spends a lot of due diligence before they accept an offer in compromise.

 

It is possible for the IRS to spend over 20 hours working an offer in compromise. IRS uses the Accuriant search engine, Google in a variety of other searches to check on assets and histories of taxpayers and businesses.

You want to make sure you are very accurate and truthful on your financial statement.

 

On cases over $100,000 it is typical they will check your credit report for the accuracy of your financial statement. The higher the dollar case the greater the due diligence.

Many people ask why is this process not that simple.

The answer is this, all accepted offers in compromise are a matter of public record for one year in the regional office where the offer was accepted.

The Internal Revenue Service does all that it can to make sure there is a matter of consistency within the offer in compromise program if not still be a tremendous public outcry.

One base rule for the offer in compromise program. IRS is only concerned about your income and assets. this includes your equity in your home, pension plans are IRA’s.

One nice thing about the IRS accepting your offer in compromise is that once you meet the terms of the settlement they will release your federal tax lien.

Below you will find out what you need to know about the offer in compromise program.

 

Beginning immediately: 

 

The IRS will return any newly filed Offer in Compromise application where the taxpayer has not filed all required tax returns.

Any fees included with the OIC will also be returned.

This new policy does not apply to current year tax returns if there is a valid extension on file.

IRS will  consider your unique set of facts and circumstances:

• Ability to pay;

• Income;

• Expenses; and

• Asset equity.

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

 

Make sure you are eligible for the offer in compromise to settle your tax debt.

Before IRS can consider your offer, you must be current with all filing and payment requirements.

You are not eligible if you are in an open bankruptcy proceeding.

Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.

 

Submit your offer in compromise to settle your tax debt

 

You’ll find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF).  Your completed offer package will include:

• Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;

• Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;

• $186 application fee (non-refundable); and

• Initial payment (non-refundable) for each Form 656.

 

Select a payment option to Reduce Your Tax Debt

 

Your initial payment will vary based on your offer and the payment option you choose:

• Lump Sum Cash:

Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.

• Periodic Payment:

Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.

If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer.

 

Understand the process to settle your tax debt

While your offer is being evaluated:

• Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);

• A Notice of Federal Tax Lien may be filed;

• Other collection activities are suspended;

• The legal assessment and collection period is extended;

• Make all required payments associated with your offer;

• You are not required to make payments on an existing installment agreement; and

• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.

Call us today for free initial tax consultation and speak to a true IRS tax expert who will walk you through the process of how to negotiate with IRS over back taxes.

Our free consultation will give you true expert advice and help you evaluate your next step.

 

How to Reduce Your Tax Debt + Former IRS Agents Who Know the SYSTEM

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Permanent IRS Tax Debt Relief Services + Former IRS + Resolve Tax Debt Now

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  We are an AFFORDABLE IRS Tax Debt Relief professional  service firm that can provide permanent ax debt relief. We are former IRS agents and managers. Since 1982, A+ rated.   We have over 95 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS. We can handle any IRS or state tax case.We are the Affordable Tax Relief Firm that can resolve any tax trouble. Upon your initial phone call with one of our true experts we can provide to you the different programs and let you know the best tax debt relief option available. As a general rule there are three relief options. Based on your current financial statement we can pick the best option that is right for you to permanently end your IRS or state tax case. Important: You cannot trust tax relief company ratings. Many times a certain tax relief company will actually sponsor the link and call other similar companies who pay to be on their link. These are tax relief rating are not … Continue reading

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    We are a AFFORDABLE tax resolution service firm that can provide tax debt relief. We are former IRS agents and managers. since 1982, A+ rated.   We have over 95 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS. We can handle any IRS or state tax case. Upon your initial phone call with one of our true experts we can provide to you the different programs and let you know the best tax debt relief option available. As a general rule there are three relief options. Based on your current financial statement we can pick the best option that is right for you to permanently end your IRS or state tax case.   Important: You cannot trust tax relief company ratings. Many times a certain tax relief company will actually sponsor the link and call other similar companies who  pay to be on their link. These are tax relief rating are not from independent sources that verify the information, so be very careful.They are a way … Continue reading

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Business Tax Audit Help + Audit Representation + Former IRS Auditors, Know System

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    Affordable IRS Business +  Tax Audit Help + Former IRS Agents   We have 205 years of direct tax experience, 65 years of working for the IRS in the local, district and regional offices.We worked as Agents, Instructors and in IRS Management.We know the settlement techniques and formulas to save your money. We can defend any individual or business tax audit and rest assure you will get the best representation possible. Being former IRS agent managers and supervisors we know everything necessary to assure your tax return will be defended in the very best light. Many times the best solutions are to take your case to appeals. we have worked thousands of cases since 1982. Call us for a free initial tax consultation with our business tax audit experts. Be worry free, call us today. 1-866-700-1040 We are one of the nations most experienced IRS Tax audit defense help firms.   It only makes sense to have Former IRS Agents and IRS Tax Audit Managers handle your IRS tax audit and give you the most experienced and successful … Continue reading

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IRS or State Tax Levy + How It Works + How to Stop The Tax Levy

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    As a general rule, IRS or State tax levy is usually is a seizure on funds and a garnishment usually applies to wages. Sometimes the words are interchangeable. Both however are seizures of assets that belongs to you, You can get an IRS or State Tax Levy Released within 24 hours. Being a former IRS agent I issued thousands upon thousands of these tax levies on bank accounts, on employees wages, and on third parties to collect the back tax debt of taxpayers.   The IRS issues close to 1.5 million bank and wage levies each year. The States issue millions more. There is a downward trending pattern that exists today on the use of the IRS levy which is good to see. Rules to tax levies are ususally the same but differ from State to State. The foillowing is basic information. Before IRS can send a levy to a taxpayer or to a business must complies with the tax rules and tax codes regarding the IRS levy and they are as follows:   These three requirements are … Continue reading

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Need to File Back Payroll Tax Returns + File & Settle 941 BACK Payroll Taxes

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  File and Settle Payroll Taxes with IRS, Affordable Former Agents who Know the System, Since 1982.   We have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service. AFFORDABLE, Since 1982. A plus Rated.   Need to File Back Payroll Taxes and Settle With IRS 1-866-700-1040   Before the Internal Revenue Service will consider a settlement all 941 payroll taxes must be filed. We can prepare your tax returns with or without records. We can prepare them based on tax reconstruction. so the first step is making sure all tax returns are filed and then move onto the second step which is dealing with the tax assessment. I am a former IRS Agent and teaching instructor of the Offer Program when formerly employed at the IRS.We know all the systems, settlement formulas and all the methodology to get you affordable IRS tax debt relief including trust fund debt problem.   Hear the truth from Former IRS Agents who have worked thousands of cases.   … Continue reading

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File Back 941 Taxes + Unfiled Payroll Tax Returns & IRS Settlements

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  File and Settle Payroll Taxes with IRS, Affordable Former Agents who Know the System   We have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service. AFFORDABLE, Since 1982. A plus Rated.   941 Payroll Tax Liability Settlements. Before the Internal Revenue Service will consider a settlement all 941 payroll taxes must be filed. We can prepare your  tax returns with or without records. We can prepare them based on tax reconstruction. so the first step is making sure all tax returns are filed and then move onto the second step which is dealing with the tax assessment.   I am a former IRS Agent and teaching instructor of the Offer Program when formerly employed at the IRS. We know all the systems, settlement formulas and all the methodology to get you affordable IRS tax debt relief including trust fund debt problem.   Here the truth from Former IRS Agents who have worked thousands of cases.   Being a former IRS agent and teaching … Continue reading

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Tax Debt + Get Rid of IRS Tax Debt + Former IRS

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    We are an affordable IRS settlement tax firm. It only takes one free Tax Consult.   Since 1982, A+ rated by the BBB. Former IRS Agents, Find Out if you Qualify!         Get Rid of Tax Debt   We are an affordable professional tax firm with over 95 years of direct IRS work experience.   We have worked out of the local, district, and regional tax offices of the Internal Revenue Service. We are true IRS experts in the area of IRS tax settlement services. We have worked as agents, supervisors, managers, and teaching instructors. We know the IRS like the back of our hand. We can let you know today the different ways to get rid of tax debt.     How does IRS dispose of Tax Debt Cases?   1. Payment in full, 2.Monthly Payments, 3.Acceptance of an offer in compromise, 4. By statue expiration.   For those who cannot pay their debt IRS has a non-collectible or hardship program. upon your initial tax consultation we will walk through the various programs and let you know the easiest … Continue reading

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How to Pay Off Your Tax Debt, IRS TAXES + Former IRS

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IRS Payments + Get a IRS Payment Plan to Make Monthly Payments

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    IRS Payment Plans, Installment Agreements & Monthly Payment plans   If you’re financially unable to pay your tax debt immediately, you can make monthly payments through an IRS installment agreement.   Before applying for any payment agreement, you must file all required tax returns. Call us today for a free initial tax consultation and we will find out the payment plan that works best for you. Before you enter into a payment plan you may want to find out if you consider your tax debt to the offer in compromise program which lets you settle your debt for pennies on a dollar. You must be an eligible candidate for this program. The offer in compromise or debt settlement offered by Internal Revenue Service has a payment agreement section that lets you make payments to settle your tax debt.   DIFFERENT CATAGORIES of Payment plans, Payment Agreements:   Those who owe under $25,000 • Individuals must owe $50,000 or less in combined individual income tax, penalties and interest, and have filed all required returns.   • Businesses must owe … Continue reading

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Fresh Start Tax provides solutions to your IRS Tax Problems in South Florida including the Palm Beach, Broward and Miami-Dade Counties and the cities of:
Miami, Fort Lauderdale, West Palm Beach, Weston, Plantation, Boca Raton, Delray Beach, Hallandale, Deerfield, Pompano

Now providing Tax Solutions to Highlands County including Sebring

*Mr. Sullivan has been in private practice since 1982 in South Florida which gave roots to Fresh Start Tax LLC.
The firm began as Sullivan & Powell PA and through the years transitioned to its now current form.

All attorneys are retained by separate engagement on all tax cases to maintain attorney client privilege.
They have the option if retaining fresh Start tax LLC by engagement or on certain cases by use of a Koval letter.
Should you have any question you can speak directly to the attorneys or lawyers themselves.
Anthony M. Verni is admitted to practice law in the state of New Jersey and licensed as a certified public accountant in the state of Illinois.
Frank Andreacchi, Ed Vecchio and Scott Szaro are no longer with the company and are pictured on our site.

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