by Jim Magary | Dec 2, 2015 | Tax Help
Affordable Former IRS Agents & Managers who know the System. Since 1982. File and Settle NOW
As former IRS agents and managers we know the system to file your back, delinquent, business and personal years tax returns and settle your tax debt all at the same time.
We know all the systems in all the protocols to make this an easy and seamless process.
We did this so well at the Internal Revenue Service we worked as managers, supervisors, and teaching instructors. We have over 60 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS. We are true affordable IRS tax experts for the filing and settling of back business in income taxes.
Do not be afraid to file your back tax returns. IRS just wants you back in the system!
Many taxpayers need to file multiple back business or personal tax returns because for various reasons they stop filing their tax returns.
The reason make no difference, just file and be done with this once and for all.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years. We can tell you on your initial phone call to our firm.
A determination will be made based on various criteria.
We will apply those methodologies to your case, file your back, prior or delinquent tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods. Having few or no records is not a problem to us.
We will secure any information you have and then get IRS tax transcripts and do cost of living analysis the file your back tax returns. There is a 3 step process. Of course other factor will play in to this but the process is simple. Do not be over whelmed.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service. You will only speak to us!
We are true tax experts on IRS matters.
Based on your current financial statement,( 433A/433F ) the IRS has various options for settlements.
IRS may determine based on your current and documented financial statement to put you into a:
1.currently uncollectible status, (hardship)
2. may ask you to make a monthly payment agreement or,
3. review the criteria for you to settle your case by the filing of an offer in compromise.
If you owe Payroll Taxes
IRS treats payroll tax debt with a closer eye. payroll tax debt is monies that have been withheld input in the trust to businesses, owners and/or companies that are required to pay this money over on a quarterly basis.
it is important that you stay current on your payroll tax debt if you want an effective settlement with Internal Revenue Service. when you call us on your initial consult we will review the different in various options available to you and how IRS will handle this payroll tax debt. you will need to fill out the required IRS form 433B. You should also be aware that IRS can personally assess any responsible person the trust fund taxes that are not paid as a result of unpaid payroll taxes.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make a confident decision based on the facts.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
We are true experts . Call us today and hear the truth.
File and Paying Back Business IRS Taxes + File and Settle Back Tax Debt + AFFORDABLE, Former IRS Experts
by Jim Magary | Dec 2, 2015 | Tax Help
Affordable Solution to File and Settle Business Taxes, Former IRS, Since 1982.
As former IRS agents and managers we know the system to file your back or past due business or personal tax returns and settle your tax debt all at the same time.
We have worked on thousands of cases since 1982.
We know all the systems in all the protocols to make this an easy and seamless process.
There is a very specific format and methodology to go ahead and take care of your IRS tax matter together.
Do not be afraid to file your back tax returns. We know the system and can get you back into the good graces with IRS without pain and worry. Since 1982 we have been resolving both personal and business issues successfully for thousands of clients.
Many taxpayers need to file multiple back tax returns because for various reasons they stop filing their tax returns.
As former IRS agents we understand that most taxpayers get scared when they have to file back tax returns thinking the IRS is going to hunt them down or possibly be put in jail.
This is simply not the case. IRS simply wants you back into the system.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years. The Internal Revenue Service has a very basic policy statement on these issues. Many times the IRS recommends filing the past six years but in some cases only three years are necessary.
Determinations will be made based on various criteria.
As former IRS agents we understand the protocols and the systems that IRS uses to make these determinations.
We will apply those methodologies to your case, file your back tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service.
Based on your current financial statement, the IRS as various options for settlements. It is very important to understand the planning required to get the settlement you need and how important is the financial statement is.
It is critical that the taxpayer client have a tax professional prepare the financial statement.
IRS may determine based on your current and documented financial statement to put you into a:
1.currently uncollectible status,
2. may ask you to make a monthly payment agreement or,
3. review the criteria for you to settle your case by the filing of an offer in compromise.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make an informed decision based on the facts.
We are a full-service firm of all work done in-house.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
How to Past Due, Late Business Tax Returns + Settle with IRS + Affordable Tax Solutions + Former IRS
by Jim Magary | Dec 2, 2015 | Tax Help
AFFORDABLE +Have Former IRS Agents and Managers who know the System end your problems once and for all, Since 1982, A plus rated BBB
With one phone call to our firm, you will find out the truth and find out how easy it is to take care of your IRS problem in matter once and for all.
As former IRS agents and managers we know the system to file your back and or prior years business tax returns and settle your tax debt all at the same time.
We know all the systems in all the protocols to make this an easy and seamless process.
We did this so well at the Internal Revenue Service we worked as managers, supervisors, and teaching instructors.
There is a very specific format and methodology to go ahead and take care of your IRS tax matters both business and personal.
Do not be afraid to file your back tax returns. IRS just wants you back in the system!
We know the system and can get you back into the good graces with IRS without pain and worry.
As former IRS agents we understand that most taxpayers get scared when they have to file back tax returns thinking the IRS is going to hunt them down or possibly be put in jail. This is simply not the case.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years. We can tell you on your initial phone call to our firm.
A determination will be made based on various criteria.
We will apply those methodologies to your case, file your back, prior or delinquent tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods. Having few or no records is not a problem to us.
We will secure any information you have and then get IRS tax transcripts and do cost of living analysis the file your back tax returns.
There is a 3 step process that we will walk through with you on your initial free consult.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service.
You will only speak to us!
Based on your current financial statement,( 433A/433F ) the IRS has various options for settlements.
IRS may determine based on your current and documented financial statement to put you into a:
1.currently uncollectible status, (hardship)
2. may ask you to make a monthly payment agreement or,
3. review the criteria for you to settle your case by the filing of an offer in compromise.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make a confident decision based on the facts.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
Filing Late Business Tax Returns & Paying Back Business Taxes + Affordable Solutions + Experts, Former IRS
by Jim Magary | Dec 2, 2015 | Tax Help
End IRA Reminders from IRS
Individual Retirement Accounts, or IRAs, are important vehicles for you to save for retirement.
If you have an IRA or plan to start one soon, there are a few key year-end rules that you should know.
Here are the top year-end IRA reminders:
• Know the contribution and deduction limits.
You can contribute up to a maximum of $5,500 ($6,500 if you are age 50 or older) to a traditional or Roth IRA. If you file a joint return, you and your spouse can each contribute to an IRA even if only one of you has taxable compensation.
You have until April 18, 2016, to make an IRA contribution for 2015. In some cases, you may need to reduce your deduction for your traditional IRA contributions.
This rule applies if you or your spouse has a retirement plan at work and your income is above a certain level.
• Avoid excess contributions.
If you contribute more than the IRA limits for 2015, you are subject to a six percent tax on the excess amount.
The tax applies each year that the excess amounts remain in your account. You can avoid the tax if you withdraw the excess amounts from your account by the due date of your 2015 tax return (including extensions).
• Take required distributions.
If you’re at least age 70½, you must take a required minimum distribution, or RMD, from your traditional IRA. You are not required to take a RMD from your Roth IRA.
You normally must take your RMD by Dec. 31, 2015. That deadline is April 1, 2016, if you turned 70½ in 2015. If you have more than one traditional IRA, you figure the RMD separately for each IRA.
However, you can withdraw the total amount from one or more of them.
If you don’t take your RMD on time you face a 50 percent excise tax on the RMD amount you failed to take out.
• IRA distributions may affect your premium tax credit.
If you take a distribution from your IRA at the end of the year and expect to claim the PTC, you should exercise caution regarding the amount of the distribution.
Taxable distributions increase your household income, which can make you ineligible for the PTC.
You will become ineligible if the increase causes your household income for the year to be above 400 percent of the Federal poverty line for your family size.
In this circumstance, you must repay the entire amount of any advance payments of the premium tax credit that were made to your health insurance provider on your behalf.
by Jim Magary | Dec 2, 2015 | Tax Help
Haven’t filed personal income taxes in years, stop the worry, as former IRS Managers we know the system. We can file and settle all at the same time. Since 1982, A plus rated BBB, AFFORDABLE
You can file and settle your personal income taxes on back taxes at the same time.
If you will owe back taxes we will work out a settlement for you as well. We can prepare any back tax returns with little or no tax records.
Being former IRS agents managers and teaching instructors we know how to reconstruct your tax return with almost little or no information.
We have worked on thousands of cases since 1982.
We will make a determination on how many personal incomes tax returns you should file.
As a general rule we will recommend anywhere from 3 to 6 tax years.
We know all the systems in all the protocols to make this an easy and seamless process.
Filing Back Taxes
There is a very specific format and methodology to go ahead and take care of your IRS tax matter.
Many taxpayers need to file multiple back tax returns because for various reasons they stop filing their tax returns. The reason make no difference, just file and be done with this once and for all. this can be a very seamless and easy process. Having so much experience in this area we know exactly how to do this and remedy your IRS problem.
As former IRS agents we understand that most taxpayers get scared when they have to file back tax returns thinking the IRS is going to hunt them down or possibly be put in jail. This is simply not the case.
Based on the facts and circumstances of your case we will file anywhere from 3 to 6 back tax years. Don’t let fear stop you from filing your prior year’s tax returns.
We can tell you on your initial phone call to our firm how your case will resolve with the Internal Revenue Service.
A determination will be made based on various criteria. Every case is unique is and different and no two cases are the same.
We will apply those methodologies to your case, file your back, prior or delinquent tax returns and settle your tax that all at the same time.
If you have few tax records we can prepare your back taxes under reconstructive methods. Having few or no records is not a problem to us.
We will secure any information you have and then get IRS tax transcripts and do cost of living analysis the file your back tax returns. There is a 3 step process. Of course other factor will play in to this but the process is simple. Do not be over whelmed.
Once prepared we will send them to IRS take a current financial statement, call the IRS and work out a settlement based on your current financial statement.
You will never have to speak to the Internal Revenue Service. We handle all communication.
Based on your current financial statement, the IRS as various options for settlements.
IRS may determine based on your current and documented financial statement will put you into a:
1.currently uncollectible status, (hardship), cases generally in the status remain there from 2 to 3 years.
2. may ask you to make a monthly payment agreement or,
3. review the criteria for you to settle your case by the filing of an offer in compromise. There is a pre-qualifier tool that you can find on our website to find out if you can settle your case for pennies on the dollar.
Call us today we will review your case for free initial tax consult and we will give you all the information you need to make a confident decision based on the facts.
We have been in private practice since 1982, have over 206 years of professional tax experience, and are A+ rated by the Better Business Bureau.
We are IRS and State tax experts.
Have Not Filed Personal Income Tax Returns in Years = What To Do = Former IRS + File and Settle with IRS
