by Jim Magary | Nov 4, 2015 | Tax Help
We are an “Affordable” Professional Tax Firm that has been resolving IRS problems since 1982. Stop IRS Now.
If you owe IRS back taxes, we have different solutions to remedy your problem. and we can resolve and help reduce your IRS tax debt.
Having combined 60 years of IRS work experience we know all the solutions.
Call us today for a free initial tax consultation and we will review with you the different ways to completely resolve your IRS problems.
We are tax experts for releases and removal IRS tax levies, provide IRS tax defense and IRS tax representation for IRS tax audit, IRS tax settlement experts, and for those wishing to make payment agreements with the Internal Revenue Service.
Since 1982, have been representing taxpayers and businesses before the Internal Revenue Service.
If you owe back IRS taxes and received a tax levy garnishment, have received an IRS notice of tax audit, in need of an IRS payment plan tax settlement or installment agreement call us today to hear every option available to you to get you immediate and permanent IRS tax relief.
Our former IRS agents have logged over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service. We know all the IRS systems and protocols to make this a seamless and affordable process. Call us today for a free initial tax consultation.
Remove or Release a IRS Tax Levies = IRS Tax Relief on back IRS and State Taxes
IRS usually levies 1.9 million taxpayers and businesses each and every year, so have you if you have received an IRS tax levy you are not alone. IRS obtains or levy sources from your past seven years tax returns. IRS secures W-2 one 1099 information.
IRS is the largest collection and billing machine in the world. IRS tax levy goes out systemically not a human hand catches a tax levy.
A IRS tax Levy usually comes in two forms, a bank levy or a wage garnishment.
Both IRS tax levies are different. It is important for you to understand the difference.
An IRS Bank Levy puts a freeze on your money for 21 days where an IRS wage garnishment levy is an immediate seizure of your paycheck.
The bank will send your frozen funds to IRS on the 22nd day.
The IRS will give you 21 days to work out a settlement before they receive the funds. your employer is mandated by law to send your next paycheck to the Internal Revenue Service if they have received a wage garnishment notice.
Please keep in mind being a former IRS agent that the IRS does not want to send levies out, they just do this is the last result because taxpayers do not call the IRS to resolve their final notices.
Re : Wage Levies+ Certain exemptions apply but approximately 80% of your check will go to the Internal Revenue Service because of the IRS tax levy garnishment.
If you want your money back is a result of a wage garnishment levy you will have to communicate with the Internal Revenue Service.
Within 24 hours of receiving your current financial statement, and as a general rule we can get your IRS bank tax levy garnishment released and your case settled with the Internal Revenue Service.
As a general rule, IRS will close your case by putting it into a current tax hardship, asking for a monthly payment plan or the fact that you qualify for an offer in compromise to settle your tax debt for pennies on the dollar.
Not only will we get your tax levy released we will settle your case at the same time.
IRS Tax Settlements of Tax Debt+ OIC
If you are wishing for an IRS tax settlement called an offer in compromise, we will be happy to walk you through the IRS prequalifier tool to see if you’re a suitable candidate before filing any offer in compromise.
Due to the new IRS fresh start initiative it is much easier for taxpayers to settle cases.
IRS settles 38% of all offers and compromises that are filed and settles for an average of $6500.
Keep in mind this is a national average and differs because of everyone’s unique and individual financial statement.
I suggest that every taxpayer walked through the offer in compromise pre-qualifier tool before the submission of the offer in compromise. I would give your money to no firm or tax mill until you understand the system.
If those who wish to make payments to the Internal Revenue Service to resolve their debt, we will walk you through the financial statement and make an affordable payment that you can live with.
Unfiled Tax Returns
IRS will not close cases off their enforcement computers and unless all tax returns are filed. If you have back,or old tax returns that need to be sent to Internal Revenue Service we can prepare your returns with or without records due to our reconstructive methods that we know.
Do not be afraid to file back tax returns. We can get you back into the system worry free.
Call us today for a free initial tax consultation and speak to one of the most experienced and affordable firms in the industry.
IRS Tax Levies + Wage Garnishment + Resolve/Reduce IRS Tax Debt + IRS Settlement + IRS Payment Plans + Unfiled Tax Returns
by Jim Magary | Nov 4, 2015 | Tax Help
We are an “Affordable Professional Tax Firm” that specializes in IRS Tax Debt Help, Expert IRS Representation
We are former IRS Agents & Managers who know the system, since 1982. A plus Rated.
We have been in private practice since 1982 and are true affordable tax experts in resolving individual, business and payroll taxes debt. We have over 206 professional tax experience and are composed of tax attorneys, CPAs and former IRS agents.
If you owe the Internal Revenue Service back taxes or back tax debt, it only makes sense to hire former IRS agents and managers who know the system inside and out. We understand all the protocols and systems to affordably and swiftly deal with any IRS tax issue.
We can help anyone who owes any federal, State, individual, business, or payroll taxes including those who have not filed back tax returns and those wishing to settle IRS tax debt.
We have over 60 years of direct work experience at the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Filing of Not Filed Back Tax Returns
If you have not file tax returns, our former IRS agents can prepare your back tax returns with little or no records and settle your tax debt at all at the same time.
Make sure you file your back tax returns because IRS enjoys the privilege of filing your back tax returns under 6020 B of the code if you fail to file back taxes.
They will file your return to make sure you pay the highest amount allowed by law. If this is happened to you, you can file for an IRS audit reconsideration.
IRS Required Financials Statements to settle cases on back taxes + 433A. 433F,433B
If you owe back taxes and as a general rule your financial statement will determine how IRS will close your settle your case. Form 433F.
If you owe individual, business or payroll taxes, we will take a current financial statement contact the IRS and work out an affordable individual or business payment plan and/or file and settle the tax if applicable.
It is critical that you understand the importance of your current financial statement because it will determine the outcome of your case.
Your last 3 to 6 months of your financial condition is IRS’s determining factor on your case resolution. IRS will want complete documentation on each and every financial statement to verify income it to prove expenses.
You can find those financial statements directly on our website. When you call us we will give you the financial statement applicable to your case.
As a general rule, when taxpayers or businesses owe back individual or payroll taxes, IRS closes case out by:
- putting them into hardships,
- 2. asking for payments o,
- 3. the settlement through the offer in compromise. These are the three most common ways that IRS close cases off their enforcement computer.
40% of all taxpayers that owe back taxes to the IRS get put in the tax hardships, 6.5 million people get put into payment plans and 40,000 people get offers in compromise accepted.
We will explore every option and can get you the very best possible tax settlement.
Since 1982 we have been resolving IRS tax debt for individuals, businesses and corporations that owe back federal taxes including payroll tax debt.
Call us today for a free initial tax consultation.
Owe IRS Taxes Debt Help + Individual, Business, 941, Payroll Taxes + Not Filed Tax Returns + Settle with IRS + Trust Fund Tax Negotiation
by Jim Magary | Nov 4, 2015 | Tax Help
Former AFFORDABLE IRS agents and managers can completely resolve and end your IRS tax problems. Since 1982.
FST specializes in IRS back tax problem help and we have been in private practice since 1982.
We are A+ rated by the Better Business Bureau.
FST can stop an IRS final notice prevent, stop an IRS tax levy or wage garnishment and settle in IRS tax debt through the offer in compromise if you are a suitable candidate.
We will handle your IRS tax problem, you will never speak to the Internal Revenue Service. We handle all communication.
End IRS Back Tax Debt Problem Help
As a former IRS agents and managers we were auditors, revenue agents, revenue officers, supervisors and taught at the regional training centers.
We know the IRS system inside and out, we taught IRS tax law as former IRS Agents.
With that much experience we understand the codes, protocols, settlement theories , and all the avenues to resolve any IRS back tax debt problem. After your free initial tax consultation you will understand our knowledge into this IRS systems.
We can stop an IRS final notice, we can stop an IRS tax or wage garnishment levy and file any back tax returns that are currently not on file. With or without records we can file your tax returns.
It is very important that every taxpayer respond to letters and notices out by the Internal Revenue Service.
These IRS notices are time sensitive and IRS will follow-up with enforcement action if taxpayers failed to respond to IRS notifications.
If you do not file your tax returns, IRS will file for you under code section 6020B, assess the tax , and then can send out bank and wage garnishment levies. They can also follow-up by filing a federal tax lien.
IRS enforcement computer CADE2 will follow-up on every action of a letter sent.
Tax Levies + Bank Levies & Wage Garnishments
IRS sends out 1.9 million tax levies and wage garnishments each and every year. This includes bank levies and wage garnishment & third-party seizures.
Not only does it send out IRS tax levies it also sends out 700,000 federal tax liens every year as well.
As a general rule, within 24 hours we can get your money back from Internal Revenue Service.
The closing method the IRS will use will depend currently on your financial statement.
As a general rule, cases either will be placed and to currently not collectible status or installment agreement.
Once we have your documented financial statement your case can will be resolved. Just for your information if you received an IRS wage levy by law your next paycheck goes to the Internal Revenue Service with some exemptions.
Levy Info
ith a IRS bank levy there is a 21 day hold or freeze on the account. You can still continue to use your bank account.
On the 22nd day the banks will send the money to the Internal Revenue Service. Remember you are allowed to use your account freely during that period of time without fear of the second IRS levy.
The IRS will make sure that all your tax returns are filed and as a general rule will attempt to secure current financial statement so they can take your case off of all IRS enforcement computers.
With that in mind, the Internal Revenue Service will generally remedy your case by putting it into a non-collectible file, asking you to make payments, or letting you know you could be a choice candidate to settle your debts through the offer in compromise program.
Settling your IRS tax debt through the Offer in Compromise
One of the nice features of settling your tax debt with the Internal Revenue Service through the offer in compromise is the fact IRS releases your federal tax lien.
I caution any taxpayer wanting to settle their debt for pennies on the dollar to make sure they are qualified applicants for the program There is a pre-qualifier tool to make sure you are a suitable candidate.
When you call our office we will give you an initial free consultation to make sure you qualify.
We will walk you through the IRS offer in compromise program and let you know how much the IRS will settle your case for.
We are the fast and affordable professional tax firm.
End IRS Tax Problems + Tax Levies + Garnishments + Payroll Tax Debt + Back Tax Returns + Settlements + Liens + Payment Options
by Jim Magary | Nov 3, 2015 | Tax Help
Affordable + We can get your IRS tax levy, wage garnishment levy released within a 24-hour period of time and close your case at the same time.
As former IRS agents and managers we know the system inside and out.
We have a combined 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service and know exactly how to settle your case with the Internal Revenue Service.
As former IRS agents we taught tax law and tax procedure to new IRS agents. We have the lived this IRS employee experience for over 60 years, so let our experience work in your favor.
Received a Tax Levy
If you are in receipt of an IRS tax levy, wage levy or bank levy garnishment contact us today and we can get your tax levy released in your case closed.
Within 24 hours of receiving your fully documented financial statement we guarantee that you will have a release of your IRS bank levy or wage garnishment levy.
We will speak with you about settling your tax debt to the offer in compromise program.
Our firm will not submit an offer in compromise until we walked through the offer in compromise pre-qualifier tool to make sure that you can settle your tax debt for pennies on dollar.
You should not give your money to any firm to file an offer in compromise unless they walked to this program with you.
There are many firms out there promising without having a clue about actual offers in compromise. Beware of these false companies. always check to credentials of the persons working your case.
As a IRS revenue officer I both work this program was a teaching instructor for the tax debt settlement program. I’m a true IRS tax expert for the offer in compromise.
The Internal Revenue Service accepted 38,000 offers in compromise last year for average of $6500 per settlement.
Taxpayers should be aware that there is a pre-qualifier tool for the offer in compromise program. I suggest everyone the walk through this particular tool given by Internal Revenue Service to find out for a qualified candidate
If you have already been levied by the IRS Releases we can help get your Money Back
The IRS filed 1.8 million the bank and wage garnishment levies last year. So if you received a bank or wage garnishment levy you are not alone. if you have not responded to the IRS final notice they will follow up with enforcement action which may include levies, garnishments and the filing of federal tax liens
Before IRS will release a tax levy, a wage garnishment or bank seizure, Internal Revenue Service will need a current documented financial statement.
If your case is in the automatic collection system you will be filling out and documenting form 433F which you can find directly on our website. It is the only form the Internal Revenue Service will use.
When calling our office we will complete the form, speak to the Internal Revenue Service and within 24 hours of having your fully documented financial statement we can get your IRS tax levy released.
Being a former IRS agent teaching instructors gives us a huge advantage and the benefit of our experience is invaluable to our clients.
The IRS Financial Statement
The filling out of your financial statement is critical into the settlement of your case. using former IRS agents and managers will give you a tremendous advantage.
With that current financial statement you will need to provide IRS the last three months of your bank statements, copies of your pay stubs and your monthly expenses.
IRS does a thorough review of your financial statement therefore you want to make sure you are both honest and accurate. It is always best to have a trained tax professional prepare and negotiate your case with the Internal Revenue Service.
As a general rule, IRS will not release your levy until all your tax returns are filed.
We can prepare all your back tax returns with little or no records. We are tax experts for reconstruction. We can also secure information from IRS tax transcripts.
Internal Revenue Service usually closes your case off the enforcement two general ways:
Based on your current financial statement, IRS will put you in a:
1. currently uncollectible file or,
2. put you in a payment agreement.
3. please keep in mind that the IRS collection statute of limitation is 10 years.
Over 40% of collection cases wind up in a current tax hardship and 6.5 million other taxpayers are put into monthly installment payment plans.
It is important you file all back tax returns if not the IRS can file for you under 6020 B of the Internal Revenue Code and they will make sure you get no deductions.
IRS will not give any non-filer any deductions or exemptions that they prepare under 6020B.
IRS may fail to release an IRS tax levy wage garnishment or bank levy because taxpayers have failed to file back tax returns. We can file your return visit a 48 hour period of time.
After the review of your IRS financial statement we can let you know whether you are a possible debt settlement candidate for the offer in compromise program.
One last note of interest, it is very critical all taxpayers respond to all IRS notices because IRS intends to follow-up on all the dates given on each and every notice sent.
Call for free initial tax consultation. when you call our office shall speak to a true IRS tax expert.
STOP IRS Bank Tax Levy + Wage Garnishment Levies & Settle Tax Debt NOW + File Back Taxes + Former IRS +
by Jim Magary | Nov 3, 2015 | Tax Help
AFFORDABLE former IRS agents and managers we can get your IRS tax levy garnishment released and your case closed all at the same time.
Over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We also taught at the regional training centers. We know the system inside and out.
If you have received an IRS tax levy, wage garnishment levy or wish to settle your tax debt call us today and hear the truth from IRS tax experts who have been in practice since 1982.
We know and understand the fastest and the most affordable way to go ahead and get a removal or release of an IRS tax or wage garnishment levy and settle your case to stop the IRS.
Your financial statement is the key to fast IRS wage garnishments and bank levies.
It is very important to know the IRS system to make this a seamless resolution. as a general rule once IRS secures your financial statement making close your case and really sure levy.
IRS Tax Fact: IRS Tax Levies & Liens
IRS levies 1.9 million taxpayers every year.
IRS files over 900,000 federal tax liens every year.
IRS levies because taxpayers do not respond to final notices that are sent as a result of 1058 letters. IRS sends those final notices the last known address. the burden of proof is on the taxpayer to let IRS know that they have changed addresses.
Many taxpayers find out about levies because IRS have been sending notices to wrong addresses.
If you have not responded to IRS as a result of that tax notice within six weeks of those dates you can expect an IRS bank or wage garnishment levy. IRS may follow that up with the filing of a federal tax lien.
You want to make sure IRS withholds the filing of the federal tax lien because it is very damaging to your credit report.
Before IRS releases a tax levy, bank tax levy or wage garnishment they will want a current financial statement to make a determination of how to close your case off the IRS enforcement computer.
That financial statement will be on IRS form 433F that you can find directly on our website.
This financial statement will need to be fully documented including copies of bank statements, pay stubs, and proof of all monthly expenses.
IRS will do a close analysis of your statement with that of the national, and localized standards. You can find the acceptable standards on our website. Both the US trustee in bankruptcy and the IRS uses same standards.
IRS will then release your IRS tax Levy, bank levy or wage garnishment and close your case generally with a payment agreement or by placing you in hardship.
How IRS will close your case off the the enforcement computer:
Approximately 6.5 million taxpayers have their cases resolve via a payment agreement and 40% of those get resolved through an IRS tax hardship. some taxpayers have their cases resolved because of the 10 year statute of limitations on collection cases. If you have an old case you may want to talk to us about the statute of limitation on your case.
Your financial statement will determine the way IRS deals with your situation.
LEVY RELEASE – Your levy can usually be released within 24 hours of IRS receiving your financial info.
If you owe tax to the IRS and need to settle your tax debt contact us today and we can get your IRS tax Levy, bank levy or wage garnishment released and your case settle all at the same time.
IRS will also expect all your tax returns to be current and filed.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
REMOVE NOW IRS Tax Levy, Wage Garnishment & Settle Tax Debt + Unfiled Tax Returns = Fast Affordable = Former IRS
