As a result it is now possible to have your Federal Tax Lien completely withdrawn. By this process the credit companies will adjust your credit scores to the level as though the Federal Tax Lien was never filed.

Call us today for immediate tax representation 1-866-700-1040

If the IRS has filed a Federal Tax Lien and you have either paid off the tax liability or have gone on direct deposit and met the lien withdrawal criteria fill out form 11227

The process of Release or Removal of Federal Tax Liens:

IRS has increased  the lien filing threshold.

The Internal Revenue Service Fresh Start Program changes increase the IRS lien filing threshold from $5,000 to $10,000.

Federal Tax Liens may still be filed on amounts less than $10,000 when circumstances warrant.If the IRS feels that the collection of the tax is in jeopardy or the assets will be moved the IRS can proceed to filed the Federal Tax Lien

Requesting a federal lien withdrawal after the lien has been released:

The IRS may now  because of the Fresh Start Program issue a withdrawal of a  Notice of Federal Tax Lien after the lien has been released.

If you wish to have the Notice of Federal Tax Lien withdrawn, a taxpayer must request the withdrawal in writing.

•  Taxpayers should use IRS  Form 12277, Application for Withdrawal, (PDF form available ). In item 8, Reason for requesting withdrawal, check box hat is applicable to your case.

Eligibility requirements are as follows:

1. Your tax liability has been satisfied and your lien has been released
2. You are in compliance for the past three years in filing:
3. All individual and business returns have been filed
4. All information returns have been filed
5. You are current on your estimated tax payments and federal tax deposits, as applicable.

Federal Tax Lien withdrawal may also occur when after entering into a Direct Debit installment agreement.

If you are a qualifying taxpayer and meet the eligibility requirements, you may have your lien withdrawn after entering into a Direct Debit installment agreement.

Your request for lien withdrawal must be in writing. Please use Form 12277, Application for Withdrawal (PDF). In item 8, “Reason for requesting withdrawal,” check box b, the “entered into an installment agreement” provision.

Qualifying taxpayers are:

• Individuals (Form 1040 tax)
• Businesses with income tax liability only
• Out of business entities with any type of tax debt

Eligibility Requirements are:

• The current amount you owe must be $25,000 or less
• If you owe more than $25,000, you may pay down the balance to $25,000 prior to requesting the lien withdrawal to be eligible
• Your Direct Debit Installment Agreement must full pay the amount you owe within 60 months or before the Collection Statute expires, whichever is earlier
• You must be in full compliance with other filing and payment requirements
• You must have made three consecutive direct debit payments
• You cannot have previously received a lien withdrawal for the same taxes unless the withdrawal was for an improper filing of the lien
• You cannot have defaulted on your current, or any previous, direct debit installment agreement.

Good News on this change that will effect thousands of taxpayers. Your credit scores should rise as though the federal tax lien was never filed.

If you are currently on a regular installment agreement, you may convert to a Direct Debit Installment Agreement.

To convert a regular installment agreement to a Direct Debit Installment Agreement:

Call us today for more details. You will speak to either a Board Certified Tax Attorney, CPA or Former IRS Agents.

Most taxpayers simply do not qualify for the Offer Program and get ripped off from tax resolution companies claiming they have high success rates and these back taxes. 12,000 Offer cases are accepted  by the IRS last year and over 58,000 were filed. My guess thousands of taxpayers were ripped off into the filing of Offers in Compromise that never had a chance.

I recommend qualifying your case with Fresh Start Tax LLC, a tax company  who knows the system. Save yourself time and a lot of money.
Call us today for a free tax consult and hear more. 1-866-700-1040

We are IRS Tax Experts and know the  Offer in Compromise Program like the back of our hand.

This that said, we have never seen the Offer in Compromise Program so backed up, it is a huge mess.

The Offer in Compromise  cases are just sitting in piles being unattended to because of the large volume of cases that the IRS has received.

The combined impact of a weak economy and efforts by the Internal Revenue Service (IRS) to promote the Offer in Compromise (OIC) Program has increased the number of requested offers by 28 percent between Fiscal Year 2007 and FY 2011.

At the very same time sadly, the IRS  resources available to work the offers in compromise have decreased, creating a huge inventory.

These are the findings of a report publicly released  by the Treasury Inspector General for Tax Administration (TIGTA).

An tax settlement program called the Offer in Compromise (OIC) is an agreement between a taxpayer and the IRS to settle a tax liability for payment of less than the full amount owed.

TIGTA’s audit was initiated to assess the effectiveness of the OIC Program to timely process requests, consistently apply OIC guidelines, accurately measure Program results, and effectively promote the Program.

TIGTA reviewed a statistically valid sample of offers and found that the IRS did not process all offers timely.

In 73 (74 percent) of 99 offers, the IRS failed to contact the taxpayer by the promised date. The report estimates that 9,509 taxpayers who submitted offers between July 1 and December 31, 2010, may not have been contacted when promised. A promised date, will never happen.

Additionally, as of October 25, 2011, there were 7,472 unassigned offers in holding ( WOW )queues awaiting assignment to OIC staff.

TIGTA found that one processing site had more than four times as many unassigned offers from self-employed taxpayers compared with the other site, and 37 percent of those offers were more than six months old.

TIGTA auditors also determined that an incorrect date was used when offers were returned to the IRS because of some IRS processing errors. The report estimates that the wrong date may have been used for 712 taxpayers who submitted offers between July 1, 2010, and December 31, 2010. Finally, the IRS does not have formal performance measures for the streamlined offer process, which allows IRS employees to make taxpayer contact by telephone rather than by mail so they can quickly make a determination on an OIC request.
TIGTA recommended that the IRS revise OIC processing procedures, train employees, and add a formal performance measure for the streamlined offers or apply the streamlined process to all offers.

IRS officials agreed with TIGTA’s recommendations and the report’s outcome measures and plan to take appropriate corrective actions. Specifically, the IRS plans to:

1) try to better inform taxpayers by lengthening the time by which they will be contacted or issued an interim letter,

2) initiate reassignment of offers between IRS sites as needed, and

3) apply most aspects of the streamlined process to the remainder of the OIC cases.

If you need to hear the truth about Offers in Compromise, Tax Debt Settlement call us today.

We have on staff, Tax Attorneys, CPA’s and Former IRS agents.

Have Former IRS Agents and Managers stop the IRS with the filing of a  Collection Due Process, Right to Hearing and get you the time and settlement you need to go on with your life. Stop the back tax problem with one phone call from a team member of Fresh Start Tax LLC. call 1-866-700-1040.

You  can speak directly to the tax professionals handling your case.

We have worked and closed thousands of cases, IRS Letter/Notice 1058 since 1982. We are “A” rated by the BBB.

Call us for a free tax consult with a true tax professional. You will either speak to a Board Certified Tax Attorney, CPA or Former IRS Agents.

If you have just received a IRS Letter 1058  or LT- 11 this is a Final Notice from the Internal Revenue Service usually sent  by certified mail. This Final Notice  lets you know that you have not addressed your back taxes.

If you do not respond to this Letter/Notice 1058 the Internal Revenue Service has definitive plans to send out a bank levy, a wage levy sometimes called a wage garnishment and will probably file a Federal Tax Lien within 30 days from the date shown on the letter. You can stop this action by calling the IRS with a plan of action.

IRS will always send out a CP 504 letter/notice before the filing of the last and Final Notice, Form 1058 Collection due Process, Right to a Hearing Notice.

What to do when you receive this letter.

The first thing you always do is to take note of the final date allowed to contact the IRS.
You can either pay the balance you owe on your back taxes, or contact the IRS using the phone number on the notice to setup an IRS Installment Agreement, Payment Plan or have ask to have your case put into a tax hardship.

You will be required to fill out a form 433F which is a detailed IRS financial statement before IRS decides on how your tax case on your back taxes will be closed.

If you disagree with the Notice/Letter 1058 and you believe the notice is incorrect, you have the right to an appeal hearing. If you have sent prior letters those do not constitute a formal appeal.You must do so within your notice of appeal dates only.

Insider Tax Tips:

1. Always have a third party review your financial statement to make sure it makes sense before giving it to the Internal Revenue Service,

2. Make sure all your tax returns are filed before calling the IRS,

3. Make sure you have enough withholding being taken out or your ES payments are up to date.

4. If you are going to hire any firm make sure you use Former IRS Agents who know how the system works,

5. Be sure not to be ripped off. Check the BBB rating of any and all companies you may want to consider.

The way to get the tax help you need is to hire Former IRS Agents and Managers that have of 60 years of direct IRS experience in the field, in management and as teaching Instructors  with the IRS.

We can get your situation resolved immediate and get permanent tax relief on your back taxes.

We have released thousands of tax levies and tax liens since we have been in practice.We are “A: rated by the BBB and our firm has a total of 205 years of professional tax experience.

Chose  one of the most trusted tax firms in the industry, we are without complaint.

Call us for a free tax consultation. 1-866-700-1040

Many of our clients and taxpayers and  seem to get confused regarding a tax levy and a tax lien.

The term “IRS Tax Levy” is used to describe a  collection method the IRS employs to collect back taxes from taxpayers.

Tax levies actually redirect funds to the IRS as a repayment of a past due tax debt.

Different type of tax levies:

1.Wage garnishments – 668W -  actually fall under the levy heading.

Wage garnishments redirect a very large portion, usually about 90% of your wages.Once you call the IRS with a valid document financial statement and all your returns are current and up to date IRS will release the tax levy ( wage garnishment ) with some sort of tax debt settlement. Most cases close with a part payment agreement or installment plan.

2.Bank Levy ( levies ) 688A are one-time events.

The IRS freezes assets in a bank  account up to the amount owed plus interest for 21 days then takes those funds to repay your tax debt. There is a 21 day grace period. The 21 day grace period allows you to call the IRS and take care of the matter. Most tax levies are released within that 21 days.

IRS also has the option to make property seizures  in extreme cases. This could be a car, a boat, RV, jewelry, art work, even a house or a residence. Again, this is not common and usually only used in extreme cases of tax abuse or large dollar cases.

IRS must send out sufficient notices before IRS decides to levy. IRS is required to send you form 1058 which is a right to a hearing which you have the opportunity to file a Collection Due Process and have a right to a hearing.It is always best to hire a tax professional to defend these issues. At Fresh Start Tax LLC we have on staff Former IRS Agents, Tax Attorneys and CPA’s to handle your case and win!

A Federal Tax Lien:

A Federal  Tax Lien is a filing that take place at the courthouse at closest to your residence.It lets the public know you the Internal Revenue Service monies. As a result of this Federal Tax Lien filing the Internal Revenue Service has a secured interest in all your assets including real and personal property. This will damage your credit score.

Federal Tax liens usually have a life of ten years and can be released with full payment.

If you have any questions regarding a IRS tax levy, bank levy or wage levy call us today for a free consultation.

We are fast , affordable and very user friendly and would love to have your business.

If you have payroll tax issues call us today to work out tax settlement. Former IRS agents know the effective tax strategies.

New Tax Legislation for Payroll Tax signed into Law.

This is Great News and a long time coming. finally some middle class tax relief coming our way.
 This past Feb. 22, President Barack Obama finally signed into law the Middle Class Tax Relief and Job Creation Act of 2012, H.R. 3630.

On Feb. 23, the IRS released a revised Form 941, Employer’s Quarterly Federal Tax Return, to reflect the extended payroll tax cut. I never thought i would live too see the day.

This act extends the 4.2% rate for the employee portion of Social Security Tax through the end of 2012.

It also extends certain unemployment benefits and blocks a cut in Medicare Payments to doctors. This act also repeals earlier-enacted shifts in the timing of corporate estimated tax payments.

The act raises revenue through an auction of the spectrum of public airwaves, currently reserved for television, to allow for more wireless Internet systems.

A 2% recapture tax enacted in the December legislation that extended the payroll tax cut through Feb. 29, which effectively capped the amount of wages eligible for the payroll tax cut at $18,350, was also repealed by the act.

If you need to have questions answered or have any IRS tax issues call our team of Tax Attorneys, CPA’s of Former IRS Agents.

This is one of the most common questions asked by our clients and taxpayers.

Being a Former IRS Agent I want to explain this is in very simple terms so everyone can understand the difference.

A IRS Tax Levy is an immediate seizure of assets. It is usually sent to a Bank or is put on a taxpayers wages. These are also called Bank Levy Garnishments or Wage Levy Garnishments. They are sent to banks and businesses on tax forms 668A, 668W.

A Bank Levy has special rules applied to the procedure. The day a Bank Levy is received by a Banking Institution the account is immediately frozen for the amount shown on the Tax Levy. Only those funds are frozen. Monies deposited after the levy are not effected by the Bank Levy or Tax Levy. The bank MUST hold the frozen funds for 21 days before sending the money to the IRS. The IRS gives that 21 day grace period as a time for the taxpayer to get the bank levy released.

A Wage Levy or Wage Garnishment has a different feature. After a business receives a levy the wages are immediately frozen and the employer must send the applicable proceeds to the IRS on the next scheduled pay period. There is no grace period.  As a general rule the taxpayer can keep around 10% that is exempt from the levy. IRS will send out a form that details the exact exempt amount.

IRS does not wish to levy. The hope is that the taxpayers call the IRS to work out or make a tax settlement to resolve the tax problem or tax situation.

Tax Levies can usually be released within one week sometimes even that day if we can get records from the taxpayer.

A Federal Tax Lien is a notice filed at the Public Courthouse in the area of your residence putting the public and creditors on notice you owe IRS taxes. It is not a seizure just a notice.

Anyone has access to public records and everyone can has access to your tax information.

Your credit score will be badly damaged as a result of a Federal Tax Lien. A Federal Tax Lien cannot be removed until it is paid in full or the statute of limitations runs. Other rules apply call us for more details.

IRS must file a Federal Tax lien if you owe over $5000.

If you need immediate tax relief from a federal tax levy or a federal tax lien call Fresh Start Tax LLC today. 1-866-700-1040. IRS Tax Debt Settlement Relief today.

On staff Tax Attorney’s, CPA’s and Former IRS Agents for professional tax representation.

If you want to hire true tax experts and tax professionals call Fresh Start Tax LLC 1-866-700-1040 to speak directly to either a Tax Attorney, CPA ‘s or Former IRS Agents and Managers.

We also have on our staff a former IRS Appeals Agent who has worked hundreds of abatement cases as a IRS Appeals agent.

IRS has tax provisions to get rid of, remove or abate penalties and interest if you have reasonable cause and can prove your claim.

Most taxpayers believe that writing a simple letter to remove IRS Penalties and Interest and poof, IRS be gone with them, however, this process is not so simple.

As a general rule, IRS looks for reasons to NOT accept the request  for abatement because they are very lazy and do not want to process claims because it requires to much work. Sad but true.

Having been a former IRS Agent I can tell you this from experience and how other IRS Agents handled their cases. Like in any business some agents were very good and other not so good.

I tell most of my clients to usually expect our cases to go to appeals when fighting IRS penalties and interest. We are true experts in penalty abatement’s.

There is a specific format that the IRS goes through. The claims of abatement to rid yourself of IRS Penalties and Interest must be thorough, detailed and loaded with documentation.

You can look on our web site to examine the process more thoroughly.

Go to Tax Solutions on our home page and click  go to Abate IRS Penalties and Interest.

IRS Provisions to get rid of, remove or abate IRS penalties and interest:

The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, the law provides that the IRS can assess a penalty if you fail to file, fail to pay or both.

The two different penalties you may face are the failure to file and the failure to pay.These are two of the larger penalties.

1. If you do not file by the deadline, you might face a failure-to-file penalty.This is a maximum of 25% if the return is 5 months late. It is critical even of you do not have the money to file a timely tax return.

2. The penalty for filing late is usually 5 percent of the unpaid taxes for each month or part of a month that a return is late. This penalty will not exceed 25 percent of your unpaid taxes.

3. If you file your return more than 60 days after the due date or extended due date, the minimum penalty is the smaller of $135 or 100 percent of the unpaid tax.

4. If you do not pay your taxes by the due date, you will generally have to pay a failure-to-pay penalty of ½ of 1 percent of your unpaid taxes for each month or part of a month after the due date that the taxes are not paid. This penalty can be as much as 25 percent of your unpaid taxes.

5. If you request an extension of time to file by the tax deadline and you paid at least 90 percent of your actual tax liability by the original due date, you will not face a failure-to-pay penalty if the remaining balance is paid by the extended due date.

6. If both the failure-to-file penalty and the failure-to-pay penalty apply in any month, the 5 percent failure-to-file penalty is reduced by the failure-to-pay penalty. However, if you file your return more than 60 days after the due date or extended due date, the minimum penalty is the smaller of $135 or 100 percent of the unpaid tax.

7. You will not have to pay a failure-to-file or failure-to-pay penalty if you can show that you failed to file or pay on time because of reasonable cause and not because of willful neglect.

Call us today to see if you qualify for an abatement today. Hear the truth.

First of all never panic and if you need to speak to a former IRS Agents call Fresh Start Tax LLC 1-866-700-1040 and let true tax professionals help you through this situations. Usually these problems are not as bad as you think.

The IRS sends millions and millions of letters and notices to taxpayers for a variety of reasons. Many of these letters and notices can be dealt with  without having to call or visit an IRS office. Many times you can just send correspondence by mail back to the IRS to resolve the dispute.

What you need to know about IRS notices and letters:

1. There are a number of reasons why the IRS might send you a notices or letters. Tax Notices/Letters  may request payment, notify you of account changes, or request additional information.

A notice always covers a very specific issue about your  tax account or tax return. and always a specific tax year or tax period.

2. Each IRS letter or notice offers specific instructions on what action you need to take. Make sure you call back by the assigned follow up date on the letter.

3. If you receive a correction notice, you should review the correspondence and compare it with the information on your return. Make sure you have back up information to support your finding with the IRS.

4. If you agree with the correction to your account, then usually no reply is necessary unless a payment is due or the notice directs otherwise. Follow up and all correspondence and make sure the problem is fully resolved by the IRS.

5. If you do not agree with the correction the IRS made, it is important to respond as requested. You should send a written explanation of why you disagree and include any documents and information you want the IRS to consider along with the bottom tear-off portion of the notice.You should mail the information to the IRS address shown in the upper left of the notice. Allow at least 30- 45 days for  the IRS to response.

6. Most correspondence can be handled without calling or visiting an IRS office. However, if you have questions, call the telephone number in the upper right of the notice. Have a copy of your tax return and the correspondence available when you call to help the IRS respond to your inquiry.

7. It is important to keep copies of any correspondence with your records. You cannot email any information to the IRS.

One of the big mistake taxpayers tend to make is to assume the problem is fully resolved. We at Fresh Start Tax LLC believe it is always best to call the IRS 60 days after you believe the situation should have been resolved and verify that with the IRS.

These matters will not go away until they are removed from the IRS CADE computer.

Remember, if you  wind up owing the IRS money and the problem goes unresolved ,the IRS will follow up with a Notice of Federal Tax Levy to banks and on wages.

IRS issues over 3.6 million bank levy ( levies ) and wage levy garnishments. The IRS also filed over 900,000 federal tax liens.

Should you need help call us now. On staff, Tax Attorneys and Former IRS Agents.

What could they possibly be thinking? If true, two NFL players could face some serious prison time in the Federal Penitentiary. The stripes they will be seeing will not be the referee’s but the ones they will be wearing and the numbers they will be wearing will be a lot longer.

The two ex-NFL players charged with defrauding the federal government and ID theft are:

1.William Joseph, a University of Miami defensive tackle drafted in the first round by the New York Giants in 2003,

2. Michael Bennett, a University of Wisconsin running back also drafted in the first round by the Minnesota Vikings in 2001.

3. Louis Gachelin, who starred at Miami Jackson High and Syracuse University as a defensive lineman, was signed as a free agent by the New England Patriots in 2004. But he never made the final roster. Gachelin played in 2005 for NFL Europe’s Frankfurt Galaxy.

The Fed’s will be taking no prisoners and will probably make an example of these former NFL players. The IRS, Congress and different government agencies have been cracking down on the over 900,000 cases of tax fraud and fraudulent filings.

I do not expect any mercy to take place. This can bring instant notoriety to the Feds and the implementation of the nationwide program to cut down on this new  wave of crime that has effected close to one million persons. With tax fraud and identity theft on a all time high, everyone will be closely watching.

If true, ( alleged only at this time ) I see a plea deal transpiring. The IRS problem will be the least of their worries. Hope they have a good tax attorney.

You should always be checking with some of the top tax professionals in the industry to make sure your tax return is prepared accurately and that you have all the tax deductions so you can fully optimize all the tax resources available to you.

Call us at Fresh Start Tax LLC 1-866-700-1040 so former IRS Agents can audit proof your income or corporate tax return today.

With that said, these are the top tax tips to prepare to make tax time and tax season much easier.

1. Always important, adjust your withholding.

Right now is a good time to review your withholding and make adjustments for next year, especially if you prefer more money in each paycheck this year.

If you owed at tax time, perhaps you would like next year’s tax payment to be much smaller. This is a good time to change your withholding on your W-4.

You can use  the very easy IRS’s Withholding Calculator at www.irs.gov or Publication 919,” How Do I Adjust My Tax Withholding? “

2. Store your return in a safe place. Have a safe back up on disc or in the clouds.

Put your 2011 tax return and supporting documents somewhere secure so you’ll know exactly where to find them and if you receive an IRS notice and need to refer to your return.

Remember, the IRS usually goes back 3 years for tax audits. Make sure you keep all receipts for a minimum of 3 years.

3. Organize your record keeping.

You should establish a central location where everyone in your household can put tax-related records all year long. Anything from a shoebox to a file cabinet works. Just be consistent to avoid a scramble for misplaced mileage logs or charity receipts come tax time. It is much easier to establish a system of filing at the beginning of the year. I know, this is like homework but it makes tax season much easier.

4. Review your paycheck.

Make sure your employer is properly withholding and reporting retirement account contributions, health insurance payments, charitable payroll deductions and other items. These payroll adjustments can make a big difference on your bottom line. Fixing an error in your paycheck now gets you back on track before it becomes a huge hassle. You should have a professional tax preparer review all your documents.

5. Shop for a tax professional early or contact Fresh Start Tax LLC 1-866-700-1040

If you use a tax professional to help you with a strategic plan and make financial decisions throughout the year. You will have more time when you are not up against a deadline or anxious for your refund. Beaware of filing fraud.

Choose a tax professional wisely. You are ultimately responsible for the accuracy of your own return regardless of who prepares it.

6. Prepare to itemize deductions.

If your expenses typically fall just below the amount to make itemizing advantageous, a bit of planning to bundle deductions into 2012 may pay off. An early or extra mortgage payment, per-deadline property tax payments, planned donations or strategically paid medical bills could equal some tax savings.

See the Schedule A instructions for expenses you can deduct if you’re itemizing and then prepare an approach that works best for you.

7. Strategize about tuition payments or other tax credits if you qualify.

The American Opportunity Tax Credit, which offsets higher education expenses, is set to expire after 2012. It may be beneficial to pay 2013 tuition in 2012 to take full advantage of this tax credit, up to $2,500, before it expires.

8. Keep up with changes during the tax year, mostly tax credits.

Find out about tax law changes, helpful tips and IRS announcements all year by subscribing to IRS Tax Tips through www.irs.gov or IRS2Go, the mobile app from the IRS. The IRS issues tips regularly during summer and tax season.

The IRS emphasizes that each household’s financial circumstances are different so it’s important to fully consider your specific situation and goals before making large financial decisions.

If you have any questions call our tax professionals today and good luck.