by Jim Magary | Nov 3, 2015 | Tax Help
Affordable Former IRS Agents & Managers, We know the System. Since 1982. Low Cost Options to settle your Case.
If you owe back IRS tax debt and wish to settle your case with the IRS, call us today for a free initial tax consultation.
When you call our office you will speak directly to former IRS agents, managers and tax instructors that have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Based on your set of circumstances we can as a general accurately predict the outcome of your case. We have work scores of cases with the IRS
We have worked so many cases and understand the tendencies of the Internal Revenue Service so we can accurately predict outcomes of most cases with relative certainty.
Once we have reviewed your current financial statement as a general rule we will tell you exactly how your case is going to close.
We can review with you the best possible way to end your payroll tax problems, make an IRS payment plan, how to remove an IRS tax levy and to represent you during an IRS tax audit.
For those of you who need to file tax returns whether current or back years, call us today and we will walk you through the process of our learning experiences that total 206 years.
Filing Back Tax Returns
We can file your back tax returns with little or few records.
At some point in time you are going to have to file your back tax returns.
Do not wait to IRS to file your returns under 6020 b. you will pay the highest amount allowed by law.
If this is happened to you can call and ask us for the possibility of an audit reconsideration.
IRS Installment Agreements or IRS Payment Plans and Installment Agreement \Plans
Last year the Internal Revenue Service granted close to 6.5 million IRS payment plans, installment agreements and streamlined payment plans to taxpayers.
Your current financial statement will determine if you are installment agreement candidate. Keep in mind your financial statement will need to be fully documented Bank statements and copy of all expenses. You must be able to fully verify income.
The Internal Revenue Service will conduct a full review on your financial statement. You want to make sure your financial statements are both accurate and honest. IRS reserves the right to pull credit reports when necessary. The more you all the more thorough review from the Internal Revenue Service.
IRS Settle Debt & the Offer in Compromise
We can also talk you about the possible tax solution of settling your tax debt through the offer in compromise program, that is settling your tax debt for pennies on the dollar.
The way you can settle your tax debt for pennies on the dollar is through the offer in compromise program.
When you call our office you will speak directly to a former IRS agent who both worked and taught the program for IRS.
One of the keys to the successful completion acceptance of an offer in compromise is to understand the process.
You can follow the pre-qualifier tool on our website and you can find out firsthand if you are a qualified candidate for the program.
You should never give your money to a tax firm unless you have some assurance your offer has a chance of acceptance.
IRS TAX and WAGE GARNISHMENT LEVIES
If you wish to remove an IRS tax levy will need to give IRS a current financial statement on form 433F.
IRS will require that financial statement to be completely documented and verified.
Within 24 hours of receiving your current financial statement as a general rule we can get your bank or wage levy garnishment released.
We will let you know about the IRS national standard program so you understand the process of how IRS settles tax debt.
Need to file back or past due tax returns
You could have a former IRS agent who knows the system prepare your back tax returns with little or few records. We can help audit proof your tax returns. We are former IRS agents who know the tax audit procedures.
Trust Fund Tax Debt Trust Fund Recovery Penalty
If the Internal Revenue Service is in process of setting up a trust fund recovery penalty or they have already made an assessment, call us today and we will review the various options about reducing your tax debt.
Trust fund penalties are considered individual assessments and are collected like personal income tax.
IRS has the option to send out tax levies and wage garnishments to collect their debt because of the trust fund taxes.
About 90% of the time federal tax liens are filed against those who owe trust fund tax.
If you have received trust fund TAX DEBT that you have not have been made aware, talk to us about the appeals process to reverse the assessment IRS made against you
Call us today for a free initial tax consultation. Talk to an expert!
Owe IRS + Back Payroll Taxes + Trust Fund Penalty Tax Debt, Appeals + Affordable Former IRS + Settle Tax Debt + Haven’t Filed Back Tax Returns
by Jim Magary | Nov 3, 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.
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.
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.
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.
Call us today for a free initial tax consultation and speak to one of the most experienced and affordable firms in the industry.
Former IRS + Owe IRS Back Taxes = IRS Tax Levies + Wage Garnishment + Resolve/Reduce IRS Tax Debt + IRS Settlement + IRS Payment Plans + Unfiled Tax Returns + Santa Ana, CA 92704, 92703, 92707, 92771, 92776
by Jim Magary | Nov 3, 2015 | Tax Help
We are an AFFORDABLE ” professional tax firm that has been in private practices 1982. We know the systems!
If you wish to settle back IRS taxes you can call us today to learn about the different systems IRS uses to settle back tax debt.
If you have any back tax issues with the Internal Revenue Service or have not filed back income tax returns, we can settle your case all at the same time.
We handle all payroll tax matters as well. We are experts in all IRS matters.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS. We know the IRS system inside and out.
I am a former IRS agent revenue officer and teaching instructor for the offer in compromise program. Please feel free to call ask questions about is the possibility into the program..
Fresh Start Tax LLC is a much different firm than other companies.
We do our own work in-house, most companies sub their work out to backend offices. We are staffed with tax attorneys, CPAs and former IRS agents.
We have over 60 years of direct work experience working in the local, district and regional tax offices of the IRS.
We have a very streamlined process to closure case with efficiency and for affordable fee structures.
Settling Tax Cases on Back Taxes, the importance of a financial statement
If you want to settle your back taxes, IRS will require a current financial statement along with full documentation.
IRS conducts a very thorough review of your financial statements so you want to be prepared and accurate.
IRS rules require only form 433F, along with bank statements, copy of pay stubs, and monthly expenditures.
IRS conducts a thorough review of your current financial statement and compares that with the national, regional, and localized standards to ensure that everybody is getting the same treatment.
You can find the standards on our website under the form page.
The IRS will use a six-month timeframe to make determinations on your case. In some cases the IRS can ask for the last year.
It is important a true professional fill-out the financial statements because we know exactly what IRS is looking for and can help navigate the waters to get you achieved results.
Unfiled or Past Due Back Tax Returns
Over 16 million taxpayers do not file annual tax returns. Yep, that many.
At some point if you do not file the Internal Revenue Service will catch up with you do not keep your head in the sand.
If you have not filed tax returns we can prepare your returns with little or no records do our reconstructive methods we learned IRS.
If you did not file your back tax returns, IRS can prepare them for you and you will owe more money than you should. IRS as the ability under 6020B to file for you.
If you do not respond to the IRS bills and notices they send out as a result of filing your tax returns IRS will follow-up with tax levies in the filing a federal tax liens.
We can prepare your back or on file tax returns with little or no tax records. Do not be afraid of filing your tax returns with IRS because at some point in time they will catch up with you.
Tax Levies & Wage Garnishments
IRS levies, that is bank or wage garnishment, approximately 1.9 million taxpayers each and every year.
Keep in mind not a human hand touches these levees they all go out systemically by the IRS CADE 2 computer. IRS secures your levy information from your past six years tax returns, they find your bank information and your employer information.
We can remove an IRS tax or wage garnishment levy within 24 hours of receiving your current financial statement and or get you placed into a payment program or tax hardship depending on your situation.
If you owe back payroll taxes call us today and find out about workable solutions that can keep your business open and IRS happy.
If you are the victim of a trust fund recovery penalty call us today and we will talk to you about settling the tax debt.
The Offer in Compromise program/Tax Debt Settlements
If you wish to settle your tax debt for pennies on the dollar it is necessary to submit an offer in compromise.
Before filling out any offer in compromise I ask all taxpayers to walk to the IRS pre-qualify or tool to make sure they are a suitable candidate.
I am a former IRS agent revenue officer and a tax expert for offer in compromise.
When you call our office we will let you know if you are a suitable candidate for the OIC and we can let you know the lowest amount of law that IRS will accept on your case.
Call us today for a free initial tax consultation and hear the truth from true IRS tax experts.
Offer in Compromise + Unfiled Tax Returns + Stop IRS Tax Levy & Lien + IRS Tax Debt Settlement + Payroll Taxes Problems + Trust Fund Taxes Help + 92704, 92703, 92707, 92771, 92776
by Jim Magary | Nov 3, 2015 | Tax Help
We are an “AFFORDABLE PROFESSIONAL TAX FIRM” comprised of Former IRS agents and managers who know the system, we can resolve a IRS tax problem.
Since 1982, we are a full service tax firm that specialize in AFFORDABLE IRS and state tax services.
We have over 206 years of professional tax experience. All our work is done in-house.
We can remove an IRS tax levy garnishment within 24 hours of receiving your current financial statement, talk to you about the removal of a federal tax lien, represent you during an IRS tax audit, file any and all back tax returns and talk you about the settlement of your tax debt through the offer in compromise.
We are uniquely qualified to help you with any IRS problem or matter.
From a very simple IRS notice or letter to going to Tax Court, we have a solution that helps you out of the nightmare.
In cases in which back taxes our owed, your financial statement is the key to tax resolution.This is the reason we strongly suggest the use of a professional tax firm.
IRS Bank Tax Levies & Wage Garnishments Levies
The Internal Revenue Service levies approximately 1.8 million taxpayers each and every year and this figure includes and bank & wage garnishments.
If you have been levied you are not alone.
The bank levy is held by the bank for 21 days before they pay IRS and the wage garnishment is an immediate seizure of your next paycheck minus approximately 20% of exempt money. just so you know there is a difference between a levy and a lien. A levy is a government seizure in the lien is placed on the permanent records of the courthouse until it is paid in full or the statute of limitations expires.
If you have not responded to an IRS final notice they systematically send out an IRS tax levy from their CADE2 computer system.
As a general rule, IRS sends out a series of billing notices to the last known address.
The IRS billing notices or five weeks apart. If you do not respond to the IRS last notice, the 1058, you can expect the tax lien or tax levy to show up within 30 days of receiving the notice.
Before IRS will release the levy many times they want all on file tax returns in their hand to make sure you are in full compliance.
The IRS files close to 700,000 federal tax liens each and every year that will both ruin and destroy your credit. it helps to ruthlessly avoid the filing of a federal tax lien and if you catch the letter early enough you may be able to have IRS not file the tax lien.
Before IRS will remove a tax levy or wage garnishment they will need a current and verifiable financial statement.
If the cases in the local office the revenue officer will require form 433A. The revenue officer is a much more seasoned IRS agent and especially geared for higher dollar IRS collection cases.
Once we have your current verified financial statement in hand, we can usually get your tax levy or garnishment released within 24 hours.
It is important that your financial statement is completely documented.
IRS usually closes a case by putting a case and tax hardship, having a taxpayer into a monthly installment agreement or telling them they may qualify for an offer in compromise your tax debt settlement.
40% of all people who owe IRS tax debt have their cases put into what is called a currently not collectible file and 6.5 million taxpayers have their cases put into current installment agreement or payments.
Please remember your current financial statement will determine the outcome of your case therefore it is critical to have a tax professional complete the financial information.
If you have back tax returns to file, you can have former IRS agents ensure that you are paying the lowest amount of tax allowed by law.
If you wish to settle your tax debt, we can have former IRS revenue officers who worked the offer in compromise program settle your tax debt if and only if you were a true candidate for a tax debt settlement called an offer in compromise.
We do not file an offer in compromise for a tax debt settlement unless you are a qualified candidate. Do not be ripped off by any firm who promises you and IRS settlement unless you walk through the IRS pre-qualifier tool.
Approximately 40% of all taxpayers who file an offer in compromise get accepted by the Internal Revenue Service however you must be a qualified candidate.
The average settlement is $6500 per case but that is just the national average.
Call us today for a free initial tax assessment.
When you call our office you will speak to a true IRS tax professional about the resolution of your case. We are the fast, family, and affordable professional tax firm.
Santa Ana + Affordable IRS Tax Problem Help + IRS Levy + Wage Garnishments + Tax Liens + IRS Audits + Back Tax Returns + Offer Settle Tax Debt + Payment Plans + 92704, 92703, 92707, 92771, 92776
by Jim Magary | Nov 3, 2015 | Tax Help
Notice of Underreported Income – CP-2000
The last IRS report shows that 1.4 million taxpayers have underreported their income by not reporting income on W-2’s and 1099″s.
If it’s wrong contact us today for help. If its right, we can help you work a deal with the IR.
The IRS System:
The IRS compares the information reported by employers, banks, businesses and other payers on income documents like the Forms W-2, 1098, 1099, etc., with the income, credits and deductions you report on your income tax return.
The Automated Underreporter (AUR) function sends out a Notice CP-2000 if you did not report income or if it appears that payments, credits and/or deductions are overstated.
The CP 2000 is not a bill.
It is a proposal to adjust your income, payments, credits and/or deductions.
This may result in additional tax owed or a refund of taxes paid.
The first page of the notice provides a summary of proposed changes to your tax, the steps you should take to respond and a phone number to call for assistance.
In addition, the notice shows:
• The amounts you reported on your original or amended return
• The amounts reported to the IRS by the payer
• The IRS proposed changes to the tax, credits and/or payments
• The payer’s name, ID number, the type of document issued (W-2, 1098, 1099) and the tax identification number of the person to whom the document was issued
• Based on payer documentation, the notice proposes either an increase or decrease to your tax liability
If you have any questions regarding the CP 2000 call us today.
