by Jim Magary | Aug 7, 2015 | Tax Help
We are an “AFFORDABLE PROFESSIONAL TAX FIRM” composed of Former IRS agents and managers who know the system & can permanently resolve any IRS tax problem. Since 1982, A plus Rated.
Since 1982, we are a full service tax firm that specialize in IRS and state tax services.
All work is done in-house by true IRS tax experts
We have over 206 years of professional tax experience. We specialize in IRS tax problem help services. All work is conducted in-house by true tax professionals. Working on cases are tax attorneys, CPAs, and former IRS agents.
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.
I am a former IRS revenue officer and former instructor who taught IRS collection agents their jobs. We know every possible option to remedy your IRS or state tax problem. is why
In most cases in which back taxes our owed, your financial statement is the key to tax resolution. Professional instruction is key to resolving any tax problem.
IRS Tax Levies Garnishment Information
The Internal Revenue Service levies approximately 1.8 million taxpayers each and every year and this figure includes and bank & wage garnishments. The IRS is very generous with their enforcement action. They are all send out systemically by computer. If you have been levied you are not alone.
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.
Many taxpayers do not get their final notice because they have moved or never receive the mail.
The IRS billing notices are five weeks apart.
If you do not respond to the IRS last notice, the L-1058, you can expect the tax lien or tax levy to show up within 30 days of receiving the notice. IRS usually does not miss a follow-up date.
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. We can prepare all your back tax returns. We can prepare all your back tax returns if necessary.
Before IRS will remove a tax levy or wage garnishment they will need a current and verifiable financial statement, 433F.
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. The sooner you get us a financial statement the sooner you get your money back from the Internal Revenue Service.
How IRS will close your case
IRS usually closes a case by putting a case in 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.
Offer in compromises are very tricky and should only be turned in by true tax professionals. IRS is very strict about their offer process. Right now there are over 7500 cases sitting in the queue.
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.
Tax Debt Settlements, The OIC
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. Most people understand this as pennies on the dollar.
We do not file an offer in compromise for a tax debt settlement unless you are a qualified candidate. We walk all our clients through the process.
Approximately 38% 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. We’ll go over every available option to get you the best possible remedy. Be blessed.
Affordable = IRS Tax Problem Services Help + IRS Tax Levy Garnishments Help + IRS Audits + File Back Tax Returns + Offer Settle Tax Debt + IRS Payments Plans+ New York, Brooklyn, Borough of Queens, Manhattan, Bronx
by Jim Magary | Aug 7, 2015 | Tax Help
We are an Affordable full service IRS tax firm that specialize in the resolution of all IRS tax matters. We are specialists for those who owe IRS back payroll taxes, 941 tax debt.
Being a former IRS revenue officer and teaching instructor, I worked hundreds upon hundreds of payroll tax cases and I understand the complexities and have immediate resolution options to go over to resolve any IRS tax debt problem. IRS is usually generally aggressive on back payroll tax issues.
Hiring a professional tax firm can keep IRS out of your business so you can continue to manage and make your business profitable.
Each and every case has a viable solution.
If you do not understand the IRS methods, IRS can dictate the way they choose to work your case. the fear of dealing with Internal Revenue Service and the threats that they can make can force taxpayers into decisions that is not in their best interest. Unless you know the way the Internal Revenue Service operates you have no idea what you’re truly settling for.
As a former IRS agent revenue officer I can tell you that most taxpayers have no clue what’s going on in as a general rule they will believe anything the agent is telling them. Don’t be trapped or tricked in to this mentality. It is well worth hiring a professional tax firm to deal with your back IRS tax debt payroll problem.
Due to our years of experience with the IRS, we know exactly how to handle IRS and find success in dealing with those who all back payroll tax debt to the Internal Revenue Service.
When you work with us we will submit an immediate power of attorney so the Internal Revenue Service only deals with us and you will never have to speak to IRS.
We will secure and review the necessary financial statements, the 433A& 433B, and talk to you about working out a viable solution to protect your business from the Internal Revenue Service.
Taxpayer should beware that IRS will impose a 6672 penalty, or the trust fund penalty for those responsible persons who were authorized to pay the back payroll taxes.
6672
a) General rule
Any person required to collect, truthfully account for, and pay over any tax imposed by this title who willfully fails to collect such tax, or truthfully account for and pay over such tax, or willfully attempts in any manner to evade or defeat any such tax or the payment thereof, shall, in addition to other penalties provided by law, be liable to a penalty equal to the total amount of the tax evaded, or not collected, or not accounted for and paid over.
No penalty shall be imposed under section 6653 or part II of subchapter A of chapter 68 for any offense to which this section is applicable.
(b) Preliminary notice requirement
(1) In general
No penalty shall be imposed under subsection (a) unless the Secretary notifies the taxpayer in writing by mail to an address as determined under section 6212 (b) or in person that the taxpayer shall be subject to an assessment of such penalty.
(2) Timing of notice
The mailing of the notice described in paragraph (1) (or, in the case of such a notice delivered in person, such delivery) shall precede any notice and demand of any penalty under subsection (a) by at least 60 days.
(3) Statute of limitations
If a notice described in paragraph (1) with respect to any penalty is mailed or delivered in person before the expiration of the period provided by section 6501 for the assessment of such penalty (determined without regard to this paragraph), the period provided by such section for the assessment of such penalty shall not expire before the later of—
(A) the date 90 days after the date on which such notice was mailed or delivered in person, or
(B) if there is a timely protest of the proposed assessment, the date 30 days after the Secretary makes a final administrative determination with respect to such protest.
(4) Exception for jeopardy
This subsection shall not apply if the Secretary finds that the collection of the penalty is in jeopardy.
When you call us we will go over the trust fund penalty so you understand how it relates to you.
Definition of wilfulness
1. The trust fund recovery penalty is a civil penalty; so the degree of wilfulness in failing to collect or pay over any tax leading to liability for this penalty is not as great as that necessary for criminal proceedings.
wilfulness in the context of the TFRP is defined as intentional, deliberate, voluntary, and knowing, as distinguished from accidental. “wilfulness” is the attitude of a responsible person who with free will or choice either intentionally disregards the law or is plainly indifferent to its requirements. Some factors to consider when determining wilfulness are:
• Whether the responsible person had knowledge of a pattern of noncompliance at the time the delinquencies were accruing;
• Whether the responsible person had received prior IRS notices indicating that employment tax returns have not been filed, or are inaccurate, or that employment taxes have not been paid;
• The actions the responsible party has taken to ensure its Federal employment tax obligations have been met after becoming aware of the tax delinquencies; and
• Whether fraud or deception was used to conceal the nonpayment of tax from detection by the responsible person.
Owe IRS Payroll + Keep IRS Out of Your Business + 941 Payroll Tax Debt Settlements + IRS Payment Plans + Former IRS Agents Can Help
by Jim Magary | Aug 7, 2015 | Tax Help
We are an affordable full service IRS tax firm that specialize in the resolution of all IRS tax matters. We are specialists for those who owe IRS back payroll taxes, 941 tax debt.
Being a former IRS revenue officer and teaching instructor, I worked hundreds upon hundreds of payroll tax cases and I understand the complexities and have immediate resolution options to go over to resolve any IRS tax debt problem.
Each and every case has a viable solution.
If you do not understand the IRS methods, IRS can dictate the way they choose to work your case.
Due to our years of experience with the IRS, we know exactly how to handle IRS and find success in dealing with those who all back payroll tax debt to the Internal Revenue Service.
I can tell you being a former IRS agent & teaching instructor the IRS is very aggressive in collecting back payroll taxes.
When you work with us we will submit an immediate power of attorney so the Internal Revenue Service only deals with us and you will never have to speak to IRS.
We will secure and review the necessary financial statements, the 433A& 433B, and talk to you about working out a viable solution to protect your business from the Internal Revenue Service.
Taxpayer should beware that IRS will impose a 6672 penalty, or the trust fund penalty for those responsible persons who were authorized to pay the back payroll taxes.
The 6672 penalty: the Internal Revenue Service will determine who was liable to pay the back taxes and they willfully made determinations not to pay IRS can be held liable for this penalty.
When you call us we will go over the trust fund penalty so you understand how it relates to you.
Definition of wilfulness
1. The trust fund recovery penalty is a civil penalty; so the degree of wilfulness in failing to collect or pay over any tax leading to liability for this penalty is not as great as that necessary for criminal proceedings.
wilfulness in the context of the TFRP is defined as intentional, deliberate, voluntary, and knowing, as distinguished from accidental. “wilfulness” is the attitude of a responsible person who with free will or choice either intentionally disregards the law or is plainly indifferent to its requirements. Some factors to consider when determining wilfulness are:
• Whether the responsible person had knowledge of a pattern of noncompliance at the time the delinquencies were accruing;
• Whether the responsible person had received prior IRS notices indicating that employment tax returns have not been filed, or are inaccurate, or that employment taxes have not been paid;
• The actions the responsible party has taken to ensure its Federal employment tax obligations have been met after becoming aware of the tax delinquencies; and
• Whether fraud or deception was used to conceal the nonpayment of tax from detection by the responsible person.
Call us today and we will go over every available option to go ahead to keep your business going in to keep IRS out of your back pocket.
Owe IRS Payroll Tax Problem + IRS Tax Help + Settlements + Payment Plans + Back Payroll Debt Options + Former IRS + New York, Brooklyn, Borough of Queens, Manhattan, Bronx
by Jim Magary | Aug 7, 2015 | Tax Help
We are the affordable professional tax firm consisting of tax attorneys, tax lawyers, certified public accountants, and former IRS agents, since 1982. We Know the System! A plus Rated
We have over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We not only were former IRS agents but teaching instructors as well.
Our professional staff includes tax attorneys, tax lawyers, certified public accountants and array of former IRS agents, managers and teaching instructors.
We also have worked as IRS revenue agents, IRS revenue officers, IRS appeals officers and group managers.
We’re true IRS tax experts and have over 206 years of professional tax experience.
Because of our years at the Internal Revenue Service we know and understand the system and can get you the immediate tax help you need for affordable pricing because of our streamlined processes.We can make this a fast and seamless process for you. You will learn this on your initial consultation.
If you have a problem that may be criminal in nature you can speak directly to an IRS tax attorney or tax lawyer.
If you have received an IRS tax levy or wage garnishment levy, as a general rule within 24 hours of receiving your current financial statement we can get your bank or wage levy released.
If you need to file back tax returns we can prepare your returns with little or no records by pulling tax transcripts. We can prepare your back tax returns under reconstructive methods.
If you need to make a payment plan with the Internal Revenue Service, we can review the different payment plan options and get you started so you can get this problem behind you, your case closed and settled with the IRS today. There a couple different type of payment plans.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
When calling our office you will speak directly to a true IRS tax expert and not a salesperson.
We can work out an IRS payment plan or look at the possibility of settling your tax debt to the offer in compromise program.
Call us today to hear the truth about your tax situation and the easiest and most affordable way to remedy the problem.
IRS Taxes + Tax Attorneys, IRS Tax Lawyers + Instantly Remove Tax Levy, Payroll Tax Problem + File Back Tax Returns + IRS Payment Plans + Settle Tax Debt + Offer in Compromise New York, Brooklyn, Borough of Queens, Manhattan, Bronx
by Jim Magary | Aug 7, 2015 | Tax Help
An “Affordable Professional Tax Firm” that specializes in IRS and state tax resolution. Affordable New York Tax Experts.
We are former IRS Agents & Managers who know the system, since 1982. A plus Rated BBB.
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.
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 IRS systems protocols and procedures to get you immediate and permanent IRS IRS tax relief.
We can help anyone who owes any federal, State, individual, business, or 941 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.
If you owe back taxes whether it be individual, business/corporate, back payroll taxes contact us today and we can review with you different tax solutions to go ahead and permanently and immediately remedy your problem from the Internal Revenue Service.
Please Note:
It is important to understand, those who will owe back taxes that your current financial statement will usually determine the outcome of your case. Therefore the preparation and the completion of your financial statement is the key to success and negotiation with the IRS is critical. It is always best to have a tax professional help you with the preparation documentation in the submission of these forms.
Filing of 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 keeps all your income records for seven years.
IRS Required Financials Statements
If you owe back taxes and as a general rule your financial statement will determine how IRS will close your settle your case.
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 has the option to determine the period of time and wish they can review your financial records. 3 to 6 months is generally the time periods they choose and is a good reflection of your ability to pay or inability not to pay.
As a general rule, when taxpayers or businesses owe back individual or payroll taxes, IRS closes case out by putting them into hardships, asking for payments or the settlement through the offer in compromise.
These are the three most common ways that IRS close cases off their enforcement computer.
1. 40% of all taxpayers that owe back taxes to the IRS get put in the tax hardships,
2. 6.5 million people get put into payment plans and ,
3. 40,000 people get offers in compromise accepted.
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.
IRS Taxes Debt Help = Owe Back Taxes = Individual, Business, 941 Payroll Taxes + Unfiled Tax Returns + Trust Fund Taxes + IRS Settlement + New York, Brooklyn, Borough of Queens, Manhattan, Bronx
