by Jim Magary | Dec 8, 2015 | Tax Help
We are a full service AFFORDABLE professional tax firm that specializes in IRS problems. We can reverse IRS tax return preparation process. Substitute For Returns
We have over 65 years of direct IRS work experience in the local, district, and regional tax offices of the IRS. Not only did we work his former IRS agents we were also managers instructors and were on-the-job trainers for new IRS employees.
We know the systems in the protocols and you want to use our experience to help work for you.
As a former IRS agent in teaching instructor, I taught new IRS agents how to prepare substitute for tax returns and file tax returns for taxpayers who did not file.
I understand all the processes, the methodologies, and the settlement the reason formulas to reverse this process.
Call us today for a free initial tax consultation we will walk you through the process and have you file for audit reconsideration if IRS prepared to return under 6020 via the IRC.
We can file for our reconsideration and settle your tax bill debt all at the same time.
Please Note:
Yes, IRS has the ability to prepare your back tax return.
Under code section 6020(b) IRS may file your tax return.
1. IRC 6020(b) states,
“If any person fails to make any return required by any Internal Revenue Law or regulation made there under at the time prescribed therefore, or makes, willfully or otherwise, a false or fraudulent return, the Secretary shall make such return from his own knowledge and from such information as he can obtain through testimony or otherwise.”
2. IRC 6020(b)(2) states, “Any return so made and subscribed by the Secretary shall be prima facie good and sufficient for all legal purposes.”
3. This is an SFR. ( Substitute for Return )
What will the Examination Techniques be:
1. During the examination of a non-filer, sampling techniques should be considered to determine if the recipients of payments made by the non-filer filed returns reporting the payments:
A. Compensation to officers, wages and salaries, payments to individuals, etc. should be sampled and traced to Form 1099, U. S. Information Return, and/or Form W-2, Wage and Tax Statement, filed.
B. Files for Form 1099 and other information reports and Form W-2 should be sampled.
C. IRS computers will conduct research on individuals who did received either a Form 1099 or a Form W-2 to determine if returns have been filed.
D. Invoices for cash payments to businesses will be sampled and IRS research will be conducted to determine if a return has been filed for the entity.
Taxpayers have the right to ask for an IRS audit reconsideration to reverse this process.
If this is happened to many times to taxpayers that have moved or never received the correspondence regarding the substitute for return. There are a variety of reasons why taxpayers never receive their notices.
If this is has happened to you, call us today for a free initial tax consultation and we will walk you through the audit reconsideration process.
We are true experts for those who have had IRS prepare their tax returns.
We can defend you during the IRS audit reconsideration and work out a tax settlement for you at the same time.
IRS SFR Substitute For Return + Unfiled Tax Returns Back + File & Settle Back Taxes
by Jim Magary | Dec 8, 2015 | Tax Help
Affordable Former IRS Agents & Managers who know how the Settle Excise Back Tax Debt, Since 1982, A plus rated.
Being a former IRS agent and teaching instructor you should understand that the Internal Revenue Service is tougher on excise taxes than any other types of taxes.
Payroll and excise tax is one of few taxes that the Internal Revenue Service not only go after the company it can in addition can go after the responsible persons or individuals.
This is a tax that you should not fool around with because it is number one on the IRS to hit list.
The Internal Revenue Service will individually engage those responsible under section 6672 of the Internal Revenue Code
We should be able to make sure we can reach a reasonable settlement on your excise tax liability and you can continue to operate your business without fear and worry from the Internal Revenue Service.
With over 65 years of direct working experience at the Internal Revenue Service we know every possible tax solution that can get you immediate and permanent tax relief for a excise tax settlement.
Call us today for a free initial tax consultation and we can go over your various options to settle your tax debt.
The Process of Dealing With IRS Excise Taxes, available Options including the Offer in Compromise.
The Internal Revenue Service will want to fully review your company or corporation before you can obtain in IRS excise tax settlement.
You will need to provide IRS with the current financial statement along with proof that all payroll tax deposits and 941 tax forms have been filed.
One of the most important things to know about getting an excise tax debt settlement, payment or moving on in the process is to understand that your current financial statement both business and individual will be the determining factor IRS will use to handle how your case closes.
IRS does spend their time including doing due diligence on these files.
Many times offer in compromises are the longest worked cases if you’re an IRS agent because the complex system of having management sign off on your offer. Offers in compromise are also open to public inspection for one year after the settlement date at the regional tax offices.
Other Facts : When Internal Revenue Service reviews a business they also review individuals as well.
Therefore an individual financial statements are required. We know this process inside and out we have worked hundreds and hundreds of cases, we can make this an easy and seamless process for you.
IRS will expect a 433B for the business & 433A for the individual.
IRS will expect complete documentation to support all the figures on the financial statements. The financial statement is one of the key documents IRS uses before a taxpayer will get an excise settlement for tax relief.
Excise Tax Settlements
After IRS reviews your personal and business current financial statement, Internal Revenue Service may determine that you are a:
1. hardship candidate, would simply means IRS will suspend any activity on current collections for a couple of years. Interest and penalty will run but IRS will review your case somewhere further down the road.
2. Monthly payment agreement candidate,IRS will enter a payment plan depending on your ability to pay back the tax and completely dependent on your current financial statement with a careful review of your income statement.
3. or, an offer in compromise candidate and IRS excise tax settlement, IRS will consider an offer in compromise to settle payroll tax debt by doing a careful review of the individual’s personal financial statement and business financial statement. IRS will expect a fully documented form 433A OIC and 433B OIC along with the 656 OIC.
Before IRS works any case they will conduct a full compliance check to make sure that all tax returns are currently filed on a taxpayer, business or corporation.
They will also check on estimated payments or current depositories.
We advise all taxpayers before they start any process with the Internal Revenue Service to be in a current state of compliance.
Excise Tax + Settling Tax Debt IRS + Representation + Excise Tax Audits + Stop IRS Now + Former IRS
by Jim Magary | Dec 8, 2015 | Tax Help
Affordable Christian Payroll Tax Debt Relief + Former IRS Agents & Managers can settle your case, over 60 years of former IRS work experience. Since 1982. A plus Rated BBB
Proverbs 11:14 <><
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
Proverbs 19:20-21 <><
Listen to advice and accept instruction, that you may gain wisdom in the future. Many are the plans in the mind of a man, but it is the purpose of the Lord that will stand.
Keep your business open and IRS out of your life. Here the truth from Christian Former IRS Agents who have worked thousands of cases. We can kep the IRS out of your life.
You will never have to speak to the IRS. We are the affordable professional firm.
Being a former IRS agent and teaching instructor you should understand that the Internal Revenue Service is tougher on payroll taxes than any other taxes.
The reason for this is very simple, this tax is money held in trust in not an actual tax.
It is one of few taxes that the Internal Revenue Service not only go after the company it can in addition can go after the responsible persons or individuals.
After the IRS creates individual tax assessment for those responsible it often time results in the filing of federal tax liens, bank and wage levy garnishments.
This is a tax that you should not fool around with because it is number one on the IRS to hit list. The Internal Revenue Service will individually engage those responsible under section 6672 of the Internal Revenue Code
Let Former Christian IRS agents and managers get you immediate tax relief via a payroll tax settlement.
We should be able to make sure we can reach a reasonable settlement on your payroll tax liability and you can continue to operate your business without fear and worry from the Internal Revenue Service.
With over 60 years of direct working experience at the Internal Revenue Service we know every possible tax solution that can get you immediate and permanent tax relief for a payroll tax settlement.
IRS does not want to seize your business for back taxes due on payroll taxes, however 941 payroll taxes are a big concern for the IRS.
The Process of Getting a Payroll Tax Debt Relief
The Internal Revenue Service will want to fully review your company or corporation before you can obtain in IRS payroll tax settlement.
You will need to provide IRS with the current financial statement along with proof that all payroll tax deposits and 941 tax forms have been filed.
When Internal Revenue Service reviews a business they also review individuals as well.
Therefore an individual financial statements are required. We know this process inside and out we have worked hundreds and hundreds of cases, we can make this an easy and seamless process for you.
IRS will expect a 433B for the business & 433A for the individual.
IRS will expect complete documentation to support all the figures on the financial statements. The financial statement is one of the key documents IRS uses before a taxpayer will get a payroll debt settlement for tax relief.
After IRS reviews your personal and business current financial statement, Internal Revenue Service may determine that you are a:
1. hardship candidate, would simply means IRS will suspend any activity on current collections for a couple of years. Interest and penalty will run but IRS will review your case somewhere further down the road.
2. monthly payment agreement candidate,
3. or an offer in compromise candidate and IRS payroll settlement.
IRS will next turn to the person or persons responsible for paying the back trust fund taxes. since this was not a tax but monies to be held in trust the IRS code under 6672 states that responsible persons can be held liable for the unpaid trust fund taxes on payroll or 941 taxes.
Who Can Be Responsible for the TFRP
One of the unusual features about payroll tax debt is the fact that IRS can collect the trust fund tax debt from the individuals who are responsible for paying the back payroll taxes. This is true with both payroll and excise taxes.
The Trust Fund Penalty may be assessed against any person who:
a. Is responsible for collecting or paying withheld income and employment taxes, or for paying collected excise taxes, and
b. Willfully fails to collect or pay them.
A responsible person is a person or group of people who has the duty to perform and the power to direct the collecting, accounting, and paying of trust fund taxes. This person may be, but not limited to:
An officer or an employee of a corporation,
A member or employee of a partnership,
A corporate director or shareholder,
A member of a board of trustees of a nonprofit organization,
Another person with authority and control over funds to direct their disbursement,
Another corporation or third-party payer,
Payroll Service Providers (PSP) ore responsible parties within a PSP
Professional Employer Organizations (PEO) or responsible parties within a PEO, or
Responsible parties within the common law employer (client of PSP/PEO).
For wilfulness to exist, the responsible person (s):
Must have been, or should have been, aware of the outstanding taxes and either intentionally disregarded the law or was plainly indifferent to its requirements (no evil intent or bad motive is required).
Using available funds to pay other creditors when the business is unable to pay the employment taxes is an indication of willfulness. You will be asked to complete an interview in order to determine the full scope of your duties and responsibilities.
Responsibility is based on whether an individual exercised independent judgment with respect to the financial affairs of the business.
An employee is not a responsible person if the employee’s function was solely to pay the bills as directed by a superior, rather than to determine which creditors would or would not be paid.
How does IRS Figure the Trust Fund Amount, simple formula
The amount of the penalty is equal to the unpaid balance of the trust fund tax. The penalty is computed based on:
The unpaid income taxes withheld, plus
The employee’s portion of the withheld FICA taxes. For collected taxes, the penalty is based on the unpaid amount of collected excise taxes.
Assessing the TFRP If the IRS determines that you are a responsible person, we will provide you a letter stating that we plan to assess the TFRP against you.
You have 60 days (75 days if this letter is addressed to you outside the United States) from the date of this letter to appeal our proposal.
The letter will explain your appeal rights.
Refer to Publication 5, Your Appeal Rights and How to Prepare a Protest if You Don’t Agree (PDF), for a clear outline of the appeals process. If you do not respond to our letter, we will assess the penalty against you and send you a Notice and Demand for Payment.
Once IRS asserts the penalty, the IRS can take collection action against your personal assets. For instance, we can file a federal tax lien or take levy or seizure action. Seizure actions usually include bank levies and wage garnishment levies.
Why have Fresh Start Tax contact the IRS:
You never have to talk with the Internal Revenue Service on these tax matters;
Fresh Start Tax knows what the IRS is looking for;
Fresh Start Tax knows the exact packaging required;
Fresh Start Tax knows the next steps the IRS will take;
You know your case will be handled and resolved as fast as possible.
When you talk to ask, please feel free to ask us about our faith.
Resolve Payroll Tax Problem Debt + Christian Tax Specialists + Affordable Solutions + Former IRS Agents
by Jim Magary | Dec 7, 2015 | Tax Help
If you owe back payroll tax, the IRS can assess the trust fund penalty against any person or persons responsible for paying the 941 back payroll taxes. Get Affordable Tax Defense!
Are you being considered for a trust fund penalty , has IRS sent form 1153 or form 2751, would like to seek various relief ? Contact us today for a free initial tax consultation.
There are variety of options you have and after a review of your case we can let you know exactly how to remedy the problem.
We have over 65 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS.
We have worked not only his former IRS agents and managers but teaching instructors and on-the-job instructors new IRS agents.
Why are these called Trust Fund
These taxes are called trust fund taxes because you actually hold the employee’s money in trust until you make a federal tax deposit in that amount.
The TFRP may apply to you if these unpaid trust fund taxes cannot be immediately collected from the business. The business does not have to have stopped operating in order for the TFRP to be assessed.
Who Can Be Responsible for the TFRP
The TFRP may be assessed against any person who:
• Is responsible for collecting or paying withheld income and employment taxes, or for paying collected excise taxes, and
• Willfully fails to collect or pay them.
A responsible person is a person or group of people who has the duty to perform and the power to direct the collecting, accounting, and paying of trust fund taxes.
This person may be:
• An officer or an employee of a corporation,
• A member or employee of a partnership,
• A corporate director or shareholder,
• A member of a board of trustees of a nonprofit organization,
• Another person with authority and control over funds to direct their disbursement,
• Another corporation or third-party payer,
• Payroll Service Providers (PSP) or responsible parties within a PSP
• Professional Employer Organizations (PEO) or responsible parties within a PEO, or
• Responsible parties within the common law employer (client of PSP/PEO).
For wilfulness to exist, the responsible person:
• Must have been, or should have been, aware of the outstanding taxes and
• Either intentionally disregarded the law or was plainly indifferent to its requirements (no evil intent or bad motive is required).
Using available funds to pay other creditors when the business is unable to pay the employment taxes is an indication of wilfulness.
You may be asked to complete an interview in order to determine the full scope of your duties and responsibilities.
Responsibility is based on whether an individual exercised independent judgment with respect to the financial affairs of the business. An employee is not a responsible person if the employee’s function was solely to pay the bills as directed by a superior, rather than to determine which creditors would or would not be paid. Notice 784.
.
Figuring the TFRP Amount
The amount of the penalty is equal to the unpaid balance of the trust fund tax. The penalty is computed based on:
• The unpaid income taxes withheld, plus
• The employee’s portion of the withheld FICA taxes.
For collected taxes, the penalty is based on the unpaid amount of collected excise taxes.
Assessing the TFRP
If we determine that you are a responsible person, we will provide you a letter stating that we plan to assess the TFRP against you.
You have 60 days (75 days if this letter is addressed to you outside the United States) from the date of this letter to appeal our proposal. The letter will explain your appeal rights. Refer to Publication 5, Your Appeal Rights and How to Prepare a Protest if You Don’t Agree (PDF), for a clear outline of the appeals process.
If you are being considered for the trust fund penalty call us today and we will walk you through the process. We will let you know about the 4180 interview, explain the 2751 and 1153DO letter and walk you through the appellate process.
Call us today for free initial tax consultation and hear the truth about the trust fund recovery taxes.
Are You Bring Considered For Trust Fund Recover Penalty + IRS Tax Defense Representation + Former IRS
by Jim Magary | Dec 7, 2015 | Tax Help
Learn How To Stop the Trust Fund Recovery Penalty, Affordable IRS Tax Specialty Experts
We are true to trust fund recovery penalty tax defense experts. We have over 65 years of direct working experience in the local, district, and regional tax offices of the IRS.
Before anybody can give you an honest opinion on how to stop the trust fund recovery penalty, a professional will have to know where you are in the system.
After free initial consultation we will go ahead and give you an honest opinion of how to best remedy this case.
The IRS will use form 4180 to help determine if you are responsible person under section 6672 of the IRS code.
You want to do your very best us fight the trust fund recovery penalty because IRS will treat this as a personal tax assessment. IRS will go so far as to ask for an individual financial statement and if you do not answer letters or responses, the IRS has the right to file tax liens, seize bank accounts and levy your wages through bank garnishments.
After your free initial tax consultation we will walk you through the process on how to give you the very best taxable relief to the IRS trust fund recovery penalty.
We are true IRS experts and specialists in trust fund tax and back tax issues. We have over 206 years of professional tax experience in dealing with IRS tax issues and problems.
Being a former IRS agent in teaching instructor I have worked hundreds and hundreds of trust fund recovery penalty cases.
Our firm represents those who need to file appeals or want to settle their tax debt is result of trust fund recovery problems. There are the various type of solutions that after a quick review of your case we can provide different settlement options.
Do not be bullied by the Internal Revenue Service call us today for a free initial tax consultation and hear what true experts have to say about your situation. Being former IRS agents we understand the bullying techniques used by the Internal Revenue Service.
We take no case unless we can provide immediate and permanent tax relief. We’ve been in private practice since 1982 and over 206 years of professional tax experience.
What are Trust Fund Taxes, 6672 penalty, Why will IRS Go After You
If you are one of the individuals responsible to pay the payroll tax debt IRS will look to you to pay the uncollected trust fund taxes. why, read below.
A trust fund tax is money withheld from an employee’s wages (income tax, social security, and Medicare taxes) by an employer and held in trust until paid to the Treasury.
When you pay your employees, you do not pay them all the money they earned. As their employer, you have the added responsibility of withholding taxes from their paychecks.
The income tax and employees’ share of FICA (social security and Medicare) that you withhold from your employees’ paychecks are part of their wages you pay to the Treasury instead of to your employees.
Your employees trust that you pay the withholding to the Treasury by making Federal Tax Deposits (PDF). That is why they are called trust fund taxes.
Through this withholding, your employees pay their contributions toward retirement benefits (social security and Medicare) and the income taxes reported on their tax returns. Your employees’ trust fund taxes, along with your matching share of FICA, are paid to the Treasury through the Federal Tax Deposit System.
The withheld part of these taxes is your employees’ money, and the matching portion is their retirement benefit.
Depending on where your cases in the system we will review with you the various options that you have to fully resolve the trust fund recovery penalty.
Even if the IRS is made an assessment against you and we feel that IRS to set you up erroneously, we can file an offer in compromise doubt as to liability.
If you owe the tax we will look at a way to negotiate your tax by putting into to a current hardship, payment agreement or getting IRS to accept an offer in compromise if you are a qualified and suitable candidate for this negotiation.
Call us today for free initial tax consultation and hear the truth about your case and the different settlement and appeals processes.
We can provide you excellent affordable tax defenses the trust fund issues.
We are a full service tax firm with expertise in IRS problems especially trust fund penalty assessments.
How To Stop the Trust Fund Penalty, Former IRS + Specialty Affordable Experts, Since 1982
