by Fresh Start Tax | Feb 26, 2014 | Tax Help
Beware of Fake IRS Emails and Phone Calls
IRS Tax scams that use email and phone calls that appear to come from the IRS are common these days.
These scams often use the IRS name and logo or fake websites that look real.These people are very creative.
These IRS Scammers often send an email or call to lure victims to give up their personal and financial information.
The thieves then use this information to commit identity theft or steal your money.
Some call their victims to demand payment on a pre-paid debit card or by wire transfer. But the IRS will not initiate contact with you to ask for this information by phone or email.
If you get this type of ‘phishing’ email, the IRS offers this advice:
- Never reply to the message.
- Never open any attachments or click on any links. They may have malicious code that will infect your computer.
- Never give out your personal or financial information.
- To please Forward the email to phishing@irs.gov. Then delete it.
If you get an unexpected phone call from someone claiming to be from the IRS:
Ask for a call back number and an employee badge number.
If you don’t owe taxes or have no reason to think that you do, call the Treasury Inspector General for Tax Administration at 800-366-4484 to report the incident.
You should also report it to the Federal Trade Commission by using their “FTC Complaint Assistant” on FTC.gov.
Please add “IRS Telephone Scam” to the comments of your complaint.
Be alert to scams that use the IRS as a lure. The IRS will not initiate contact with you through social media or text to ask for your personal or financial information.
IRS Scams – Beware of Fake IRS Emails and Phone Calls
by Fresh Start Tax | Feb 26, 2014 | Tax Help
Health Care Tax Tips, Former IRS, Tax Prep
The IRS has designed the Health Care Tax Tips to help people understand what they need to know for the federal individual income tax returns they are filing this year, as well as for future tax returns.
This includes information on the Premium Tax Credit and making health care coverage choices.
Although many of the tax provisions included in the law went into effect on Jan. 1, 2014, most do not affect the 2013 tax returns.
The Health Care Tax Tips:
IRS Reminds Individuals of Health Care Choices for 2014 ─ Find out what you need to know about how health care choices you make for 2014 may affect your taxes.
The Health Insurance Marketplace – Learn about Your Health Insurance Coverage Options – Find out about getting health care coverage through the Health Insurance Marketplace.
The Premium Tax Credit ─ Learn the basics of the Premium Tax Credit, including who might be eligible and how to get the credit.
The Individual Shared Responsibility Payment – An Overview ─ Provides information about types of qualifying coverage, exemptions from having coverage, and making a payment if you do not have qualifying coverage or an exemption.
Three Timely Tips about Taxes and the Health Care Law ─ Provides tips that help with filing the 2013 tax return, including information about employment status, tax favored health plans and itemized deductions.
Four Tax Facts about the Health Care Law for Individuals ─ Offers basic tips to help people determine if the Affordable Care Act affects them and their families, and where to find more information.
Changes in Circumstances can Affect your Premium Tax Credit ─ Learn the importance of reporting any changes in circumstances that involve family size or income when advance payments of the Premium Tax Credit are involved.
In addition to Health Care Tax Tips, the IRS.gov/aca website offers informative flyers and brochures, Frequently Asked Questions and in-depth legal guidance regarding the tax provisions of the Affordable Care Act.
Health Care Tax Tips, Former IRS, Tax Prep
by Fresh Start Tax | Feb 26, 2014 | Tax Help
The Premium Tax Credit
The premium tax credit can help make purchasing health insurance coverage more affordable for people with moderate incomes.
To be eligible for the credit, you generally need to satisfy three rules.
1. You need to get your health insurance coverage through the Health Insurance Marketplace.
The open enrollment period to purchase health insurance coverage for 2014 through the Health Insurance Marketplace runs from October 1, 2013 through March 31, 2014.
2. You need to have household income between one and four times the federal poverty line.
For a family of four for tax year 2014, that means income from $23,550 to $94,200.
3. You cannot be eligible for other coverage, such as Medicare, Medicaid, or sufficiently generous employer-sponsored coverage.
If a Marketplace determines that you’re likely to qualify for the tax credit at the time you enroll, you have two choices:
a. You can choose to have some or all of the estimated credit paid in advance directly to your insurance company to lower what you pay out-of-pocket for your monthly premiums during 2014. Or,
b. you can wait to get all of the credit when you file your 2014 tax return in 2015.
If you wait to get the credit, it will either increase your refund or lower your balance due.
If you choose to receive the credit in advance, changes in your income or family size will affect the credit that you are eligible to receive.
If the credit on your tax return you file in 2015 does not match the amount you have received in advance, you will have to repay any excess advance payment, or you may get a larger refund if you are entitled to more.
The Premium Tax Credit – Tax Return – Former IRS
by Fresh Start Tax | Feb 19, 2014 | Tax Help
Beware of IRS Scams and Identity Theft, Former IRS
Beware – Tax scams can take many forms, with perpetrators posing as the IRS in everything from e-mail refund schemes to phone impersonators.
The IRS has warned taxpayers to be vigilant of any unexpected communication that is purportedly from the IRS at the start of tax season.
The IRS encourages taxpayers to be on the lookout for phone and email scams that use the IRS as a lure.
The IRS does never contacts with taxpayers by email to request personal or financial information.
This includes any type of electronic communication, such as text messages and social media channels.
The IRS also does not ask for personal identification numbers (PINs), passwords or similar confidential access information for credit card, bank or other financial accounts.
Taxpayers should not open any attachments or click on any links contained in the message. Instead, forward the e-mail to phishing@irs.gov.
The IRS continues to aggressively expand its efforts to protect and prevent refund fraud involving identity theft as well as work with federal, state and local officials to pursue the perpetrators of this fraud.
The IRS offers several suggestions for taxpayers to help protect themselves against scams and identity theft:
- Do not carry your Social Security card or any documents that include your Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN).
- Do not give a business your SSN or ITIN just because they ask. Give it only when required.
- Protect all your financial information.
- Check all 3 your credit report every 6 months.
- Secure personal information in your home.
- Protect your personal computers by using firewalls and anti-spam/virus software, updating security patches and changing passwords for Internet accounts.
- Do not give personal information over the phone, through the mail or on the Internet unless you have initiated the contact and are sure of the recipient.
Taxpayers also should be very careful when choosing a tax preparer.
While most preparers provide excellent service to their clients, a few unscrupulous return preparers file false and fraudulent tax returns and ultimately defraud their clients.
It is important to know that even if someone else prepares your return, you are ultimately responsible for all the information on the tax return.
Basically, use common sense.
Beware of IRS Scams and Identity Theft, Former IRS
by Fresh Start Tax | Feb 19, 2014 | Tax Help
IRS Help, Fight IRS with Former IRS Agents
Speak to Former IRS Agents and Managers who worked in the South Florida IRS Offices who know the system to get you fast, affordable and trustworthy tax results.
We are A+ rated by the Better Business Bureau and have been in practice since 1982.
Our professionals have over 206 a professional tax experience but have resolved hundreds and hundreds of cases in the South Florida area.
Our firm will resolve any federal or state tax matter that you have from anything to a tax notice status to going to tax court.
We are a team of tax attorneys, tax lawyers, certified public accountants, former IRS agents and managers and a former state tax auditor.
Why chose Fresh Start Tax LLC
You should know that most of the companies that you find on the Internet are lead generation companies that sub your workout to third parties completely unrelated to the advertising that you see on their Internet site.
At Fresh Start Tax LLC the people you see pictured our website and bios actually do your work.
Before engaging any tax firm you should know the person working on your case and what typical results are in handling a matter such as yours.
Even though you cannot predict results, past experience should be a good indicator as to what results should be achieved.
IRS Tax Settlements
If you are looking for an IRS tax settlement you should make sure you fill out the IRS pre-qualifier on our website to make sure you are a qualified candidate for a tax settlement.
If you are undergoing an IRS tax audit you should speak to one of our former IRS audit managers to find out how to handle the IRS audit.
IRS levy release on a bank levy your wage levy you should know that Juergen have to fill out an IRS financial statement, IRS form 433-F and have that form completely documented before it goes to the Internal Revenue Service.
IRS will then make a determination based on your financial statement on how they were close your case off the IRS collection computer.
After IRS reviews your financial statement as a general rule they were either place you:
- into an economic tax hardship,
- ask you to enter a payment agreement, or
- let you know your suitable candidate for an offer in compromise or IRS settlement.
Areas of Professional Tax Representation
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