Back Taxes & Delinquent Taxes + Instant Tax Relief + Former IRS

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Michael Sullivan Fresh Start Tax Expert

 

We are former AFFORDABLE IRS Agents and Managers who know the system. Since 1982,  Affordable IRS Tax Experts.

 

Back Taxes & Delinquent Taxes

We are an IRS problems service firm that can help resolve any facet of an IRS or state tax problem. We can end IRS Tax Problem.

We have worked thousands of cases.

We can end back tax problems or delinquent tax problems and get IRS off your back for good.

We know all the IRS systems, settlement theories, and methodologies  to end your case fast and affordable. We’re true experts in resolving IRS tax problems.

 

Our 95 years of direct IRS work experience puts us in a category all by ourself.

 

Being former IRS agents we are experts in the settlement, immediate IRS levy releases, IRS payment plans, IRS tax defense for audits and any back payroll tax debt. We have over 95 years of direct work experience in the local, district, and regional tax offices of the IRS.

If you have received an IRS levy or wage garnishment within 24 hours of receiving your current financial statement we can get a full release, we can represent you during an IRS tax audit, if you owe back taxes we can settle your tax debt get you in a hardship or set up a payment plan depending on your current financial statement.

 

We will explain to you all your options and remedies on your initial call.

Call us today and find out all your options on how to get immediate and permanent IRS tax relief.

You can speak to a former IRS agent or manager who has worked this system for years. You will not find more experience IRS tax experience for IRS tax problems.

 

How the Internal Revenue Service will work your case if you owe the IRS tax debt.

 

IRS will require a 433A or 433F, an individual financial statement.

You can find that form directly on our website.

Many times the IRS uses 433F, depending were the cases in the system. Cases worked in the ACS system uses shorter version of the financial statement.

If the case is worked in the local office the revenue officer will use form 433.A

That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.

We will walk you through the process of how the IRS will work your case in the collection action that can possibly taken.

Will also review with you the IRS national standards program on all cases for those who owe back taxes.

Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.

 

IRS Stats on  taxpayers to owe back taxes or delinquent taxes

 

1.IRS determines on 40% of the cases that taxpayers are put into hardship which means they can’t pay the tax at this time.

Sometimes it is called currently not collectible.

Cases that are placed at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time.

2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement.

Other taxpayers file an offer in compromise to settle their case for pennies on the dollar.

The offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service.

 

What is an offer in compromise?  OIC

 

It is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed.

Taxpayers who can fully pay the liabilities through an installment agreement or other means, will not be eligible for a OIC in most cases.

In order to be eligible for a OIC, the taxpayer must have filed all tax returns, made all required estimated tax payments for the current year and made all required federal tax deposits for the current quarter if the taxpayer is a business owner with employees.

In most cases, the IRS will not accept a OIC unless the amount offered by a taxpayer is equal to or greater than the reasonable collection potential (the RCP).

The RCP is how the IRS measures the taxpayer’s ability to pay.

The RCP includes the value that can be realized from the taxpayer’s assets, such as real property, automobiles, bank accounts, and other property.

In addition to property, the RCP also includes anticipated future income less certain amounts allowed for basic living expenses.

 

The IRS may accept a OIC based on three grounds:

 

• First, the IRS can accept a compromise if there is doubt as to liability. A compromise meets this only when there is a genuine dispute as to the existence or amount of the correct tax debt under the law.

• Second, the IRS can accept a compromise if there is doubt that the amount owed is fully collectible.

Doubt as to collectibility exists in any case where the taxpayer’s assets and income are less than the full amount of the tax liability.

• Third, the IRS can accept a compromise based on effective tax administration. An offer may be accepted based on effective tax administration when there is no doubt that the tax is legally owed and that the full amount owed can be collected, but requiring payment in full would either create an economic hardship or would be unfair and inequitable because of exceptional circumstances.

When submitting a OIC based on doubt as to collectibility or based on effective tax administration, taxpayers must use the most current version of:

1.Form 656, Offer in Compromise, and also submit Form 433-A (OIC), Collection Information Statement for Wage Earners and Self-Employed Individuals, and/or,

2. Form 433-B (OIC), Collection Information Statement for Businesses. A taxpayer submitting a OIC based on doubt as to liability must file a Form 656-L (PDF), Offer in Compromise (Doubt as to Liability), instead of Form 656 and Form 433-A (OIC) and/or Form 433-B (OIC).

Form 656 and referenced collection information statements are available in the Offer in Compromise Booklet, Form 656-B (PDF).

In general, a taxpayer must submit a $186 application fee with the Form 656.

Do not combine this fee with any other tax payments.

 

However, there are two exceptions to this requirement:

• First, no application fee is required if the OIC is based on doubt as to liability.

• Second, the fee is not required if the taxpayer is an individual (not a corporation, partnership, or other entity) who qualifies for the low-income exception.

This exception applies if the taxpayer’s total monthly income falls at or below 250 percent of the poverty guidelines published by the Department of Health and Human Services. Section 4 of Form 656 contains the Low Income Certification guidelines to assist taxpayers in determining whether they qualify for the low-income exception.

A taxpayer who claims the low-income exception must complete section 4 of Form 656 and check the certification box.

Options: Taxpayers may choose to pay the offer amount in a lump sum or in installment payments.

A “lump sum cash offer” is defined as an offer payable in 5 or fewer installments within 5 or fewer months after the offer is accepted. If a taxpayer submits a lump sum cash offer, the taxpayer must include with the Form 656 a nonrefundable payment equal to 20 percent of the offer amount.

This payment is required in addition to the $186 application fee.

The 20 percent payment is “nonrefundable” meaning it will not be returned to the taxpayer even if the offer is rejected or returned to the taxpayer without acceptance.

Instead, the 20 percent payment will be applied to the taxpayer’s tax liability. The taxpayer has a right to specify the particular tax liability to which the IRS will apply the 20 percent payment.

An offer is called a “periodic payment offer” under the tax law if it is payable in 6 or more monthly installments and within 24 months after the offer is accepted.

When submitting a periodic payment offer, the taxpayer must include the first proposed installment payment along with the Form 656.

This payment is required in addition to the $186 application fee. This amount is nonrefundable, just like the 20 percent payment required for a lump sum cash offer. Also, while the IRS is evaluating a periodic payment offer, the taxpayer must continue to make the installment payments provided for under the terms of the offer.

These amounts are also nonrefundable.

These amounts are applied to the tax liabilities and the taxpayer has a right to specify the particular tax liabilities to which the periodic payments will be applied.

Upon acceptance of a OIC, the taxpayer may no longer designate offer payments to any specific tax liability covered in the offer agreement.

Ordinarily, the statutory time within which the IRS may engage in collection activities is suspended during the period that the OIC is under consideration, and is further suspended if the OIC is rejected by the IRS and where the taxpayer appeals the rejection to the IRS Office of Appeals within 30 days from the date of the notice of rejection.

If the IRS accepts the taxpayer’s offer, the IRS expects that the taxpayer will have no further delinquencies and will fully comply with the tax laws.

The offer in compromise requires a lot of skill because reviewed by several layers of Internal Revenue Service.I should know, I am former IRS agent and teaching instructor of the offer in compromise.

 

Call us today for a free initial tax consultation. When you call our office you will speak to true IRS tax experts. We are the fast, friendly, and affordable professional tax firm. Since 1982.

 

Back Taxes & Delinquent Taxes + Instant Tax Relief + Former IRS

 

 

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Help Resolving IRS Tax Problems + Using Former IRS Agents

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    We are former AFFORDABLE IRS Agents and Managers who know the system. Since 1982,  Affordable IRS Tax Experts.   We are an IRS problems service firm that can help resolve  any facet of an IRS or state tax problem. We can end IRS Tax Problem. We have worked thousands of cases.We know all the IRS systems, settlement theories, and methodologies  to end your case fast and affordable. We’re true experts in resolving IRS tax problems. We are experts in all IRS tax matters. Our 95 years of direct IRS work experience puts us in a category all by ourself. Being former IRS agents we are experts in the settlement, immediate IRS levy releases, IRS payment plans, IRS tax defense for audits and any back payroll tax debt. If you have received an IRS levy or wage garnishment within 24 hours of receiving your current financial statement we can get a full release, we can represent you during an IRS tax audit, if you owe back taxes we can settle your tax debt get you in a hardship or … Continue reading

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IRS Tax Problem Troubles + STOP IRS TAX Troubles NOW + Former IRS

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    We are former AFFORDABLE IRS Agents and Managers who know the system. Since 1982,  Affordable IRS Tax Experts.   We are an IRS problems service firm that can help you in any facet of an IRS or state tax problem. We can end IRS TaxProblem Troubles. We have worked thousands of cases. We are experts in all IRS tax matters. Our 95 years of direct IRS work experience puts us in a category all by ourself.   Being former IRS agents we are experts in the settlement, immediate IRS levy releases, IRS payment plans, IRS tax defense for audits and any back payroll tax debt. If you have received an IRS levy or wage garnishment within 24 hours of receiving your current financial statement we can get a full release, we can represent you during an IRS tax audit, if you owe back taxes we can settle your tax debt get you in a hardship or set up a payment plan depending on your current financial statement.   We will explain to you all your options and remedies … Continue reading

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What is the Difference between a Tax Levy vs Garnishment + Former IRS Explains

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    As a general rule, 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 something that belongs to you, You can get a levy/garnishment released in 24 hours using us. I hope this information proves useful to you as my goal is to try to enlighten you about to use of the Internal Revenue Service’s most powerful collection tool the IRS tax Levy and or garnishment. Being a former IRS agent I issued thousands upon thousands of these 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. There is a downward trending pattern that exists today on the use of the IRS levy which is good to see. 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 follow: … Continue reading

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Tax Trouble Help + Former IRS Agents Can Stop IRS Tax Trouble Problems

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    We are former AFFORDABLE IRS agents and managers who know the system. Since 1982,  Affordable IRS Tax Experts.   We are an IRS problems service business that can help you in any facet of an IRS or state tax problem. We are experts in all IRS tax matters. Our 65 years of direct IRS work experience puts us in a category all by ourself. Being former IRS agents we are experts in the settlement, immediate IRS levy releases, IRS payment plans, IRS tax defense for audits and any back payroll tax debt. We are some of the most experienced IRS experts in the industry and our practice is located right here in South Florida. If you have received an IRS levy or wage garnishment within 24 hours of receiving your current financial statement we can get a full release, we can represent you during an IRS tax audit, if you owe back taxes we can settle your tax debt get you in a hardship or set up a payment plan depending on your current financial statement.   We … Continue reading

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IRS Notice of Levy + Wages Salary, Other Income + Stop IRS LEVIES NOW

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    As Former IRS Agents and managers, we are your best course of action to immediately release a tax levy and settle your debt all at the same time.   We can stop a Notice of Levy Today. We are the affordable professional firm that knows the system inside and out. We can get your levy on your income or wages released, get your money back and close your case at the same time.   Since 1982, A plus Rated BBB. Former IRS that Know the System.   Being former IRS agents and managers we are tax specialty experts in the area of income tax levies. 668A. We have release thousands of IRS federal tax levies both bank account levies, wage garnishment levies and third-party levies. If you have been levied by the Internal Revenue Service you are not alone.   Last year over 1.8 million taxpayers received a Federal IRS bank levy or wage garnishment levy. Not only does IRS file 1.8 million tax levies also file over 600,000 federal tax liens.   The Tax Levy on income … Continue reading

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Notice of Levy on Bank Account + STOP THE LEVY NOW + Former IRS

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    Get a  Tax Levy Removed Today + As Former IRS Agents and managers, we are your best course of action to immediately release a tax levy and settle your debt all at the same time.   We can stop a Notice of Levy Today. We are the affordable professional firm that knows the system inside and out.We can get your levy on your income or wages released, get your money back and close your case at the same time. Since 1982, A plus Rated BBB. Former IRS that Know the System.   Being former IRS agents and managers we are tax specialty experts in the area of income tax levies. 668A. We have release thousands of IRS federal tax levies both bank account levies, wage garnishment levies and third-party levies. If you have been levied by the Internal Revenue Service you are not alone. Last year over 1.8 million taxpayers received a Federal IRS bank levy or wage garnishment levy. Not only does IRS file 1.8 million tax levies also file over 600,000 federal tax liens.   The … Continue reading

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Wages Taken By The IRS + Get Your Money Back NOW

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    STOP a IRS Wage Garnishment Today, Since 1982.   We can get immediate releases of IRS paycheck wage garnishments. Since 1982, former IRS agents who know the system.  FAST AFFORDABLE!  We can get your money back NOW!  FORMER IRS. We Know the exact system of getting your money back and settling Your Case.   If your wages have being taken by the Internal Revenue Service and will be necessary to give IRS a current financial statement and you will need to make sure that your tax returns are filed. If your tax returns are not filed IRS has the right to deny your wage garnishment levy release. we can prepare any back tax returns with or without tax records. Within 24 hours we can get a release of an IRS tax levy garnishment with the documented financial statement.   We are a full service tax firm that specializes in the immediate releases of IRS paycheck levy wage garnishments. To stop an IRS wage garnishment levy we have to know where you are in the system. If you are … Continue reading

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Can IRS Take My Wages + STOP Wage Levy Garnishment NOW

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    YES, IRS Can Take Your Wages!  STOP a IRS Wage Garnishment Today, Since 1982. We can get immediate release of IRS paycheck wage garnishments. Since 1982, former IRS agents who know the system.  Affordable! FAST AFFORDABLE!  We have solutions to get your money back NOW!   We are a full service tax firm that specializes in the immediate releases of IRS paycheck levy wage garnishments. To stop an IRS wage garnishment levy we have to know where you are in the system. If you are in the process of receiving a 1058 notice which tells you that IRS is threatening the levy we can immediately stop them by filing a power of attorney and having the case put on freeze until we can get certain information to them. If you have already received the levy we file a power of attorney as well as a financial statement and get a wage levy released in settle your case all at the same time. We are composed of former IRS agents, managers and teaching instructors who have over 65 years … Continue reading

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Settle IRS Tax Debt + Pay Less Tax + Former IRS + Know IRS Systems

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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!   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 if IRS will settle with you. Save Your Money, find out immediately.  1-866-700-1040   How much will IRS settle for on back taxes?   I cannot tell you the number of times I have answered that question as a former IRS agent. the bottom line is this simple, it all depends on your current financial statement. Your current documented financial statement determines all. IRS uses a very simple formula to determine their settlement process. It … Continue reading

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