by Jim Magary | Jul 16, 2015 | Tax Help
We are “Affordable” former IRS agents and managers who know the system, since 1982, A plus rated BBB.
We can offer affordable IRS tax audit defense, providing different types of IRS tax settlements, and if you owe back taxes, provide quick and fast affordable tax solution options.
We can get your IRS tax levy removed within 24 hours of receiving your current financial statement, offer options about a federal tax lien and review with you the offer in compromise program to settle your debt for pennies on the dollar.
We can file all back tax returns with little or no records,we are experts in tax reconstruction. If the Internal Revenue Service has filed back returns for you and the returns are incorrect call us today and we will talk to you about filing for an IRS audit reconsideration.
Being former IRS agents we know the system and know all the available resolution options.
We taught these programs at the Internal Revenue Service as former IRS agent managers and teaching instructors. We know every system used by the IRS.
We have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
IRS Tax Levies
If you have received an IRS tax Levy, bank levy or wage garnishment notice, as a general rule within 24 hours of receiving your current financial statement we can close and settle your case with the Internal Revenue Service.
There are different types of settlements and we will review with you your different tax settlement options.
If you owe IRS taxes, you’ll have to fill out for IRS form 433F, it must be completely documented along with last three months of bank statements, paystubs and monthly expenses. IRS will ask for other documents as well. IRS is a very systematic way of going through your financial statement. Make sure you are completely honest in the completion of your statement.
There are various closing methods that IRS will use to take your case off the system after review of your financial statement.
The Internal Revenue Service usually settles by having your account put in the currently not collectible status, asking to make a IRS payment plan or the submission of an offer in compromise to settle your back tax debt.
Right now, 40% of all IRS collection cases end up being put in the currently uncollectible file and 6.5 million taxpayers are entering payment agreement programs. These are the usual methods of closing cases off IRS’s enforcement computer.
IRS levies close to 2 million taxpayers each and every year. Thousands of IRS tax levies and liens are sent out from this IRS collection computer daily and not a human hand touches them.
It is very important that taxpayers answer all IRS correspondence because it is time sensitive information. Once IRS sends out their final notice the 1058, you can expect within a six week period of time a tax levy on your wages were at your bank.
As former IRS agents we used to issue tax levies so it only makes sense we know the quickest process to get an IRS tax levy released. As a general rule, once we file the power of attorney and communicate with IRS they will stop all IRS collection action.
One of the benefits of hiring a professional tax firm is knowing the system and how to work within it.
If you are undergoing an IRS tax audit you can have a former IRS audit manager represent your best interest in front of the Internal Revenue Service.
Approximately 1% of all taxpayers get audited by the Internal Revenue Service.
When you call our office you will not speak to a salesperson but a true IRS tax professional.
Call us for a free tax consultation.
Owe IRS Taxes + IRS Problem Help + IRS Tax Audit, IRS Tax Levy, IRS Tax Lien + Settle Tax Debt + File Back Tax Returns + Fremont, Hastings, North Platte, Norfolk, Columbus
by Jim Magary | Jul 16, 2015 | Tax Help
FST is an AFFORDABLE professional tax firm that specializes in IRS Back Taxes, A + Rated BBB, in private since 1982.True Experts
We have been in private practice since 1982 and are true affordable tax experts in resolving federal, individual, business in payroll taxes.
As former IRS agents amd managers we understand every IRS system and protocol.
Because of our years of experience at the Internal Revenue Service we know and understand the IRS and State tax systems.
Since 1982 we have been resolving tax debt issues for businesses and individuals and for all types of IRS and state tax matters.
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.
We have worked as managers, supervisors and also teaching instructors.
We know every possible solution if you owe back taxes.
The bottom line, is we know all the internal systems of Internal Revenue Service.
Your Current Financial Condition is key. 433A, 433F
If you owe any IRS or State back taxes of any kind we can work out different tax solutions depending on your current financial condition. I cannot tell you the importance of your current financial statement.
Your current financial statement as a general rule will determine the outcome of your case. Another factor to keep in mind is that most governments have a national standard expense table that they used to determine the end result of your case.
You can find those national standards directly on our website and we will review them with you when reviewing your financial statement.IRS uses these standards on a basis for settlement.
Keep in mind your financial statement will have to be verified by the Internal Revenue Service before they will render any determination on your case.
Included in that financial statement, the 433F, will be the last three months of canceled checks, copy of monthly expenses and a copy of pay stubs. IRS has the right to ask for all documentation.
IRS does a full analysis of your financial statement before rendering a determination.
You want to make sure you are completely honest giving any government agency a financial statement. Government agencies has different cross reference checking to make sure your financial statement is accurate. IRS has the right to use Accuriant and credit bureaus to check out the validity of your financial statement.
IRS generally closes case by putting them in hardship or asking for a payment agreement or you have the possibility of settling your debt for pennies on the dollar if you are qualified candidate. At the present time, 40% of all collection cases are put into a tax hardship and over 6.5 million people enter part pay agreements.
Keep in mind not everybody is a settlement candidate we carefully review each and every case we get.
We will carefully review your case and give you an expert opinion on whether your case is eligible for the fresh start initiative called the offer in compromise.
Over 38% of all taxpayers and apply for the offer in compromise program get accepted settlements but you must be a true qualified taxpayer for the program.
The average settlement for the current year is $6500 per offer in compromise.
To find out whether you qualify for the offer in compromise program you can simply call us today or fill out the IRS pre-qualifier tool for the tax debt settlement call the offer in compromise.
FST can file all back tax returns and get this problem behind you so you can move on with your life.
Many times the Internal Revenue Service will not close your case off the system until all back tax returns are current up to date and they feel you are in full compliance.
You want to make sure you file all your back tax returns if not the Internal Revenue Service will file all unfiled back tax returns and that will wind up being a nightmare.
IRS has the right to prepare your tax return under 6020 B of the code and they will give you no allowances for exemptions or expenses.
If IRS prepares your return you will pay the highest amount of tax allowed by law, you do have the right however the file for an IRS audit reconsideration.
Call us today to learn more about the audit reconsideration process.
Call us today for a free initial tax consultation.
Owe Back IRS Taxes + Individual, Business, 941Payroll Taxes, Trust Fund Taxes + Not Filed Tax Returns + Settle Tax Debt + Fremont, Hastings, North Platte, Norfolk, Columbus
by Jim Magary | Jul 16, 2015 | Tax Help
We are an Affordable Professional Tax Firm that has been resolving IRS problem since 1982, A+ rated by the BBB.True Experts.
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.
Your current financial statement is the key for resolving back IRS or state tax issues.
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 we have been representing taxpayers and businesses before the Internal Revenue Service. We have 206 years of professional tax experience.
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 have worked as agents, managers, and teaching instructors all within the IRS framework.
Remove or Release a IRS Tax Levies = 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. Staggering numbers.
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.
The Cade 2 is the largest collection tool in the world. It is automated and run systematically. Not a human hand touches a tax levy, wage garnishment or tax lien.
An IRS tax Levy usually comes in two forms.
Bank levy or an IRS wage garnishment levy.
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.
Certain exemptions apply but approximately 80% of your check will go to the Internal Revenue Service because of the IRS tax levy garnishment.
As a separate footnote IRS gets all their levy source information from your last six years of file tax returns.
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 former IRS agents we understand every system necessary to make this a seamless and easy process for you. as a general rule cases are closed by Internal Revenue Service after reviewing a current financial statement.
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. In some cases you can discharge your federal taxes through a bankruptcy procedure. there are certain bankruptcy chapters that allow the discharge of federal taxes.
Not only will we get your tax levy released we will settle your case at the same time.
If you will owe money we will work out tax settlement and if necessary take your case to tax appeals are tax court if warranted.
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.
I am a former IRS revenue officer and worked the offer in compromise program as a former employee.
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.
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.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We are the fast, friendly, and affordable professional tax firm.
Owe IRS Back Taxes = IRS Tax Levies + Wage Garnishment + IRS Tax Audit + Tax Debt Settlement + IRS Payment Plans + Unfiled Tax Returns = Fremont, Hastings, North Platte, Norfolk, Columbus
by Jim Magary | Jul 16, 2015 | Tax Help
We are an “AFFORDABLE PROFESSIONAL TAX FIRM comprised of Former IRS agents and managers who know the system can permanently resolve any IRS tax problem.Since 1982, Experts.
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 .
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.
We are uniquely qualified to help you with any IRS problem or matter.
From a simple IRS notice or letter to going to Tax Court, we have a solution. 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.
Our firm has over 206 years professional tax experience and over 60 years of working directly for the Internal Revenue Service.
Tax 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.
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.
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. The sooner you get a sure financial statement the sooner you get your money back from the Internal Revenue Service.
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.
Tax Debt Settlements
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. We walk all our clients through the process.
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.
Affordable IRS Tax Problem Help + IRS Levy Garnishments + Tax Liens + IRS Audits + Back Tax Returns + Offer Settle Tax Debt + IRS Payments + Fremont, Hastings, North Platte, Norfolk, Columbus
by Jim Magary | Jul 16, 2015 | Tax Help
We are “AFFORDABLE” Former IRS Agents & Managers that specialize in the removal of IRS tax levies, bank levies, wage garnishment levies & IRS tax settlements. Since 1982.
We know the system, since 1982, A + Rated BBB. IRS Tax Experts!
IRS Tax Levies, Remove and Release Tax Levies
IRS files 1.9 million tax levies each year and files over 700,000 federal tax liens each year. These numbers vary from year to year.
IRS is very generous in setting out tax liens and tax levies. It is their number one collection tool.There CADE2 computer is the beast of tax levies and tax liens.
If the IRS has filed a IRS tax lien or IRS levy, you are not alone. The machine continues the spit out thousands of love these each and every day.
There is a fast and easy system to go ahead and get your money back from the Internal Revenue Service.
You will never have to speak to IRS. We handle all the IRS communication.
There is a different between a bank levy and wage levy.
The IRS bank levy has a 21 day hold or freeze on the account and an IRS wage garnishment levy is an immediate tax levy on your next paycheck.
With the IRS wage garnishment levy certain exemptions may be taken. But it’s a continuous levy and garnishment until you get your levy released by calling the IRS.
IRS has the option of not releasing your levy until all tax returns are filed.
As a general rule, 24 hours after receiving your current and verifiable financial statement we can get your IRS tax, bank levy garnishment released and your case closed with the IRS.
It only makes sense as former IRS agents and managers, we know the system inside and out. Just how well do we know the system, we were former IRS teaching instructors.
Our former IRS agents have worked in the local, district, and regional tax offices of the Internal Revenue Service and we know the system inside and out.
We cannot only get your bank or wage levy released, we can settle your case all at the same time. When you call our office we will go over the different ways you can settle your tax debt completely with the IRS. There are three general ways to get IRS tax levies released.
How to get a tax levy release
IRS will require a current financial statement before they will release a bank levy, wage garnishment levy.
The IRS financial statement is required documentation before they can close any case.
The IRS financial statement will need to be a form 433F.
The local office does a much more thorough review than that of the ACS unit. There is also a higher pay grade agent working the case. The persons working these cases will be called IRS revenue officers.
IRS will require the last payments based statements, copy them all mostly expenses and a copy of your pay stub to verify your current financial statement.
IRS will compare your financial statement with that of the national averages and regional norms and come up with a plan to close your case off the IRS enforcement computer.
You can find the national standards on our website. It is very important to know the system.
As a general rule IRS settles case by putting them into a tax hardship, payment agreements or the recommendation of settling your tax debt to the offer in compromise.
The offer in compromise is a more complicated process and it really takes a skilled tax professional to get an offer accepted. The current wait time for offers in compromise or nine months.
Last year 40% of all IRS collection cases ended up and were currently not collectible file and 6.5 million cases ended up with payment plans. Once again, everything depends on your current financial statement.
Some of our clients are eligible for the new fresh start tax initiative called the offer in compromise to settle their tax debt for pennies on a dollar.
You may want to check out the IRS pre-qualifier tool to make sure that you are an eligible candidate for a tax settlement.
We have been in practice since 1982 and are A+ rated by the Better Business Bureau.
REMOVE IRS BANK & WAGE GARNISHMENT TAX LEVY NOW + SETTLE IRS TAX DEBT, TAX LIENS + BACK TAX RETURN FILINGS + Make Payments Fremont , Hastings, North Platte, Norfolk, Columbus
