IRS Debt Settlement/Help/Relief- Tax Attorney Firm Pompano, Boca, West Palm

February 11, 2011
Written by: steve

Fresh Start Tax A Professional Tax Firm           A Local South Florida Tax Firm        “A” Rated by the Better Business Bureau

On staff are board Certified Tax Attorneys, Lawyers, CPA’s.     Practicing Tax Law since 1982.    Our home office is in Ft.Lauderdale.  Come see us for a free tax consultation.

We have 140 years of professional tax experience and 60 years of working for the IRS. We are also comprised of former IRS Agents and Managers who know every tax strategy required to get you the very best result.

We are licensed and certified by the IRS. We have been practicing tax law since 1982.

The IRS requires three specific things to immediately settle your tax debt.

1. All tax returns are filed and up to date. The IRS will not release any tax levies until this happens.


2. They have a current financial statement, 433-F, with documentation to verify its correctness.


3. How you are planning to close your case. The Three options in closing your case are:


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 met your current expenses. The National Standard Test will apply.


b. Payment Agreements are agreed upon monthly installment payments to the IRS.


c. Offer in Compromise. 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 – 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.

One of our Board Certified Tax Attorneys, CPA’s, or former IRS Agents, Managers/Instructors at Fresh Start Tax will guide you through this process to get you the best possible results.

Filed Under: IRS Tax Advice | Tax News
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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.