Tax Help IRS – Tax Levy, Tax Audit, Tax Debt Settlement, Back Tax Returns *Affordable* Satellite Beach, Seminole, Springfield, Orange City – Tax Attorneys

April 22, 2014
Written by: Fresh Start Tax
Fresh Start Tax

 

We are a AFFORDABLE Florida Tax Firm that specializes in IRS and State Tax Relief.

We’ve been practicing since 1982 and are A+ rated by the Better Business Bureau.

We are comprised of tax attorneys, certified public accountants, enrolled agents, and former IRS agents.

As former IRS agents we have worked as IRS auditors, revenue officers, revenue agents, appellate agents. We handle anything that is IRS related.

When you call our office and we will match you with a specialist who has the expertise that you need for your individualized and personal situation.

We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in Florida’s local, district, and regional tax offices.

We can go ahead and get tax levy releases within 24 hours, provide your best possible tax audit defense, instruct you to how to settle your tax for the lowest amount allowed by law and if you are a true candidate for offer in compromise.

We can file all your back tax returns if  you will owe money we can work out a tax settlement.

 

How we Settle and Negotiate your case with the Internal Revenue Service:

 

1. We immediately send a power of attorney to the IRS letting them know we are now your tax representative.

You will never have to speak to the IRS.

2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case.

This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records.

3. The IRS requires a current financial statement. We will secure a required 433-A (IRS financial statement), verify the income and expenses and work out a settlement agreement.

The IRS will require a closing settlement method for each case.

4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.

IRS Tax Settlement Agreements can be in different forms:

a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay.

This is also called currently noncollectable.

Your case will go into a hardship status because you do not have the income coming in to meet your current expenses.

The IRS will use the National Standards Program to assess hardship.

b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.

c. IRS Offer in Compromise. There are three types of OICs:

 

The IRS may accept an Offer in Compromise based on three grounds:

1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.

2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:

(1) the examiner made a mistake interpreting the law,

(2) the examiner failed to consider the taxpayer’s evidence or

(3) the taxpayer has new evidence.

3. Effective Tax Administration / Exceptional Circumstances – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC.

To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.

 

Tax Help IRS – Tax Levy, Tax Audit, Tax Debt Settlement, Back Tax Returns *Affordable* Satellite Beach, Seminole, Springfield, Orange City

 

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“Thanks to Fresh Start, I am feeling more and more confident about finally getting caught up after all these years.”
M. Johnson

“I will certainly refer anyone I come across who needs your services for sure.”
Jody and Don

“I cannot thank you enough for handling my IRS issues. After dealing with another office who did nothing, you guys did everything that you promised. Thanks again, especially Steve Jacob for guiding me every step of the way.”
Jerry H.