IRS Problems, Tax Help – Methods of Tax Resolutions – Former Agents       1-866-700-1040

 
 
If you are having IRS problems and need professional IRS tax help contact us today for free initial tax consultation and speak directly to IRS tax attorneys, IRS tax lawyers, certified public accountants, or former IRS agents and managers. We can handle all your IRS problems and suggest to you different methods of tax resolution.
With over 206 years of professionals tax experience and over 60 years working directly for the Internal Revenue Service we are one of the most experienced nationwide tax firms.
We have worked thousands of cases and are A+ rated by the Better Business Bureau.
We have been in practice since 1982 and taught tax law at the Internal Revenue Service.
As a result our year  of working  for the IRS we know all of the tax policies, tax procedures, and all the tax issues as well as methods on how to resolve your IRS tax problems.
 
 

If you owe the Internal Revenue Service here are the methods of tax resolutions:

 
 
If you owe back taxes to Internal Revenue Service there are generally three methods of tax resolution that the IRS will offer on back taxes.
On each delinquent or back tax case the IRS is required to secure a current financial statement that is fully documented and fully complete. That form will be on an IRS financial statement or 433-F. You will have to send to the all receipts, bills, pay stubs, bank statements to verify the financial statement.
After IRS evaluates the 433 f form there are three basic categories a taxpayer will be put into by the Internal Revenue Service all based on their current financial statement.
IRS will either determine based on your current financial statement that the taxpayer does not have the ability at the current time to pay the tax and they  will put them in a non-collectible status, IRS also has the option of setting up an installment or payment arrangement, or IRS has the option of suggesting an offer in compromise if the taxpayer qualifies for a tax debt settlement.
It is important for all taxpayers to take care of their IRS billing notice when it comes to them. If the  taxpayer does not respond to the last IRS notice or bill the IRS will send out an IRS bank levy, an IRS wage garnishment levy or file a federal tax lien.
The best advice to give any person owing money to the IRS that has an IRS tax problem looking for help is  to resolve their IRS matter and to not have their head buried in the sand. Solve the  problem on your terms and not the terms of the Internal Revenue Service.
 
 

IRS has new tax policies and methods to resolve Tax Problems

 
 
In its latest effort to help struggling taxpayers, the Internal Revenue Service announced a series of new steps to help people get a fresh start with their tax liabilities by offering different methods of tax resolutions
 
 

The IRS is announcing new policies and programs to help taxpayers pay back taxes and avoid tax liens.

 
 
The new IRS methods or changes include:
a. Significantly increasing the dollar threshold when liens are generally issued, resulting in fewer tax liens,
b. Making it easier for taxpayers to obtain lien withdrawals after paying a tax bill.
Withdrawing liens in most cases where a taxpayer enters into a Direct Debit Installment Agreement,
c.Creating easier access to Installment Agreements for more struggling small businesses.
d. Expanding a streamlined Offer in Compromise program to cover more taxpayers.
 
 

IRS Federal Tax Lien Thresholds

 
 
The IRS will significantly increase the dollar thresholds when liens are generally filed. The new dollar amount is in keeping with inflationary changes since the number was last revised. Currently, liens are automatically filed at $10,000 for people with past-due balances.
The IRS plans to review the results and impact of the lien threshold change in about a year.
A federal tax lien gives the IRS a legal claim to a taxpayer’s property for the amount of an unpaid tax debt.
Filing a Notice of Federal Tax Lien is necessary to establish priority rights against certain other creditors. Usually the government is not the only creditor to whom the taxpayer owes money.
A lien informs the public that the U.S. government has a claim against all property, and any rights to property, of the taxpayer.
This includes property owned at the time the notice of lien is filed and any acquired thereafter. A lien can affect a taxpayer’s credit rating, so it is critical to arrange the payment of taxes as quickly as possible.
 
 
 

Tax Lien Withdrawals

 
 
The IRS will also modify procedures that will make it easier for taxpayers to obtain federal tax lien withdrawals.
Tax Liens will now be withdrawn once full payment of taxes is made if the taxpayer requests it. The IRS has determined that this approach is in the best interest of the government.
In order to speed the withdrawal process, the IRS will also streamline its internal procedures to allow collection personnel to withdraw the liens.
 
 

Direct Debit Installment Agreements and Tax Liens

 
 
The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement (DDIA).
For taxpayers with unpaid assessments of $25,000 or less, the IRS will now allow lien withdrawals under several scenarios:
Lien withdrawals for taxpayers entering into a Direct Debit Installment Agreement.
The IRS will withdraw a lien if a taxpayer on a regular Installment Agreement converts to a Direct Debit Installment Agreement.
The IRS will also withdraw liens on existing Direct Debit Installment agreements upon taxpayer request.
Tax Liens will be withdrawn after a probationary period demonstrating that direct debit payments will be honored.
In addition, this lowers user fees and saves the government money from mailing monthly payment notices.
 
 

Installment Agreements and Small Businesses

 
 
The IRS will also make streamlined Installment Agreements available to more small businesses. The payment program will raise the dollar limit to allow additional small businesses to participate.
Small businesses with $25,000 or less in unpaid tax can participate.
Currently, only small businesses with under $10,000 in liabilities can participate. Small businesses will have 24 months to pay.
 
The streamlined Installment Agreements will be available for small businesses that file either as an individual or as a business. Small businesses with an unpaid assessment balance greater than $25,000 would qualify for the streamlined Installment Agreement if they pay down the balance to $25,000 or less.
Small businesses will need to enroll in a Direct Debit Installment Agreement to participate.
 
 

Offers in Compromise – Settlements

 
 
The IRS is also expanding a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
This streamlined OIC is being expanded to allow taxpayers with annual incomes up to $100,000 to participate.
In addition, participants must have tax liability of less than $50,000, doubling the current limit of $25,000 or less.
OICs are subject to acceptance based on legal requirements. An offer-in-compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
Generally, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement. The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
 
If you have any questions about IRS problems need tax help contact us about methods of tax resolution. You can call us directly and tax consultation after the truth about your case.
 

IRS Problems, Tax Help – Methods of Tax Resolutions – Former Agents – Affordable