by Jim Magary | Apr 25, 2016 | Tax Help
We are an affordable tax firm that can resolve any IRS problems, since 1982, A+ rated by the BBB.
Does IRS want your back tax returns and you need to file back years now ?
If you haven’t filed or paid your taxes since one, two, five, 10 tax year’s call us today and hear the truth on how we can immediately and permanently solve your IRS tax problem. we are true IRS experts.
We have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service. We have 206 years of professional tax experience and are true IRS tax experts.
If you have not filed back taxes and are going to owe back tax debt we can resolve your total tax problem all that one time.
We are a full-service firm with an expertise and specialty in those who will back tax debt and those needing to file back taxes.
The process is very simple.
Upon a client retaining our services we immediately file a power of attorney so you will never have to speak to Internal Revenue Service.
Next we pull a IRS tax transcript to find out a summary that IRS has on your case. We will pull a tax transcripts to make sure the tax that IRS’s saying you owe is accurate and correct.
If you have not filed back tax returns we will pull IRS income transcripts and prepare your return based on IRS records.
The next question, how many back years were you file?
IRS Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted.
However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval.
Also, if delinquency procedures are not to be enforced for the full six year period of delinquency, prior managerial approval must be secured.
If you OWE back IRS tax debt
If you will back tax debt because you haven’t paid your back taxes, IRS will require a current financial statement.
That financial statement will be on form 433F. That financial statement is a two-page form and will need to be fully documented. With that in hand, we send IRS your financial statement along with documentation and the IRS is a general rule will reach one of two conclusions.
IRS will either place you either into an:
1. uncollectible file or,
2. ask you for a monthly payment agreement.
Both of these closing strategies are only temporary and a long-term exit strategy will be necessary.
Some taxpayers have the option of filing for an offer in compromise if they are qualified candidates.
Upon our free consultation we will completely review with you and exit strategy on how to fully resolve your tax problems.
We are the affordable tax firm, since 1982, we are A+ rated by the Better Business Bureau.
by Jim Magary | Apr 25, 2016 | Tax Help
We are an affordable tax firm that can resolve any IRS problems, since 1982, A+ rated by the BBB.
If you haven’t filed or paid your taxes since one, two, five, 10 tax year’s call us today and hear the truth on how we can immediately and permanently solve your IRS tax problem. we are true IRS experts.
We have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
We have 206 years of professional tax experience and her true IRS tax experts.
If you have not filed back taxes and are going to owe back tax debt we can resolve your total tax problem all that one time.
We are a full-service firm with an expertise and specialty in those who will back tax debt and those needing to file back taxes.
The process is very simple.
Upon a client retaining our services we immediately file a power of attorney so you will never have to speak to Internal Revenue Service.
Next we pull a IRS tax transcript to find out a summary that IRS has on your case. We will pull a tax transcripts to make sure the tax that IRS’s saying you owe is accurate and correct.
If you have not filed back tax returns we will pull IRS income transcripts and prepare your return based on IRS records.
As former IRS agents many people ask us,
“is there a statute of limitations for back tax years, in other words how many back returns can or should I file?
IRS Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted.
However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval. Also, if delinquency procedures are not to be enforced for the full six year period of delinquency, prior managerial approval must be secured.
If you OWE back tax debt
If you will back tax debt because you haven’t paid your back taxes, IRS will require a current financial statement.
That financial statement will be on form 433F. That financial statement is a two-page form and will need to be fully documented. With that in hand, we send IRS your financial statement along with documentation and the IRS is a general rule will reach one of two conclusions.
IRS will either place you either into an:
1. uncollectible file or,
2. ask you for a monthly payment agreement.
Both of these closing strategies are only temporary and a long-term exit strategy will be necessary.
Some taxpayers have the option of filing for an offer in compromise if they are qualified candidates.
Upon our free consultation we will completely review with you and exit strategy on how to fully resolve your tax problems.
If you haven’t paid taxes since………. however many of years, call us today and hear the truth about your case.
Just as a matter of record, the IRS provisions include the filing of the last six years only.
We are the affordable tax firm, since 1982, we are A+ rated by the Better Business Bureau.
All our work is done in-house by true IRS tax experts.
Unfiled Tax Returns, + Statue of Limitations on Back Tax Year Filings,
by Jim Magary | Apr 25, 2016 | Tax Help
We are AFFORDABLE former IRS agents and managers who know the system inside and out, since 1982, IRS tax debt experts.
End back IRS tax problems and learn how to resolve tax debt with one telephone call.
Not only were we former IRS agents and managers who are teaching instructors for new IRS agents. We know every possible program IRS as we can explain to each and every option if you owe IRS back taxes.
We understand the protocols, settlement theories, and each system IRS has to deal with your particular situation.
If you owe back IRS taxes we can explain to you the various options you have and how IRS will settle your case.
There are various programs available for those who are looking for tax debt forgiveness. when you call us we will explain the different available programs.
IRS Protocols
IRS must have a standard that they use nationwide to determine how they go ahead and settle back tax issue or back tax problems. If there was no standard it would be a free-for-all in there be a huge break down in the system.
So IRS in their wisdom created an available standard and knowing the system is key to success.
IRS uses a current financial statement to determine how are they are in a deal with the back IRS tax debt.
IRS wants review of a 433F, which is their version of a financial statement, along with three months worth of bank statements and pay stubs.
They were also we want to review your current monthly expenses. There are national standards IRS uses as comparison methods.
Tax Options if you owe money to the IRS
Once IRS carefully review your financial statement there are generally two options available to you.
1. Over 40% of current cases in which taxpayers owe back taxes those cases are put into a non-collectible a hardship status which means they will stay there for two or three years, with penalties and interest running and will review the case somewhere down the road.
2. While as 6.5 million taxpayers opt for the installment or payment agreement method to pay IRS back the debt.
Once again your current financial statement along with documentation is key for resolving your IRS back taxes. IRS also has a small sundry list of options for online payments which we can determine which is best for you.
There is a third available option if you can meet the standard in criteria it is called the offer in compromise.
The Offer in Compromise Program.
When you call our office to review your current financial statement and find out first if you can settle your tax debt.
Anytime a taxpayer calls our office regarding tax debt, we immediately want to find out if it can be settled to the offer in compromise.
One of the nice things about the program deserves a pre-qualifier tool so a taxpayer does not need to spend any money to find out whether they are eligible for this program.
It is important to know that all your tax returns need to be filed with the Internal Revenue Service to keep Uncle Sam happy. We can prepare your back tax returns with little or no records.
If you owe back IRS taxes call us today for a free initial tax consultation and learn the truth about dealing with IRS if you owe back taxes.
When you retain a firm like fresh start tax llc, you are retaining integrity, character, experience and affordable pricing.
Begin to end your back tax problems and resolve your tax debt now with a simple call to us.
Since 1982 we have been resolving issues for those taxpayers who owe money back taxes.
End Back Tax Problems = Tax Debt Help Now
by Jim Magary | Apr 25, 2016 | Tax Help
Call Affordable former IRS agents who can stop the IRS. Since 1982, A plus Rated.
Since 1982, we have been resolving IRS tax issues for those who will owe back taxes to the Internal Revenue Service.
Our firm has over 206 years professional tax experience and over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
We are a true affordable tax experts.
If you have received an IRS notice to pay back taxes and need tax help now, hear the truth from a firm who has helped thousands of taxpayer since 1982 and a firm that knows the system inside and out.
How the Internal Revenue Service will work your case.
If you owe back taxes to the Internal Revenue Service they would like to know exactly how you plan to pay the back IRS tax debt.
As a general rule, the Internal Revenue Service will take a current financial statement on form 433F. That financial statement really need to be fully documented. Once the IRS reviews at financial statement they generally will have to have an exit strategy to close the case off the IRS computer.
The IRS may determine that based on your current financial statement that:
1. You are a current hardship and may shelve the case for a couple of years or,
2. they may want a monthly payment agreement.
Other taxpayers may be eligible for the offer in compromise program to settle their debt for pennies on the dollar.
After your free initial tax consultation and asking you just a couple of questions we probably can develop an exit strategy for you that will suit IRS and get IRS offer back.
Call us today we walk you through the process in the system to get immediate tax relief.
Please keep in mind, all your tax returns will need to be filed. if you are not current up-to-date with can prepare all your back tax returns.
If you have received an IRS notice to pay back taxes call us today and receive immediate tax help from a true affordable tax firm.
Received IRS Notice To Pay Back Taxes + Tax Help Now
by Jim Magary | Apr 25, 2016 | Tax Help
As AFFORDABLE former IRS agents we can get you back in the system worry free. Resolve your tax issues NOW, Since 1982.
With one telephone call we can start the process to completely resolve all your IRS tax issues at the same time. We have over 206 years of professional tax experience in over 65 years of working directly for the Internal Revenue Service. We are true affordable IRS tax experts.
We can prepare all back taxes with or without records. We are reconstructive tax experts. We can prepare and settle at the same time.
Call us today for free initial tax consultation and we will review with you various options and solutions you may have available.
If you have unfiled back taxes we can get you back in the system worry free.
With or without records we can file your tax returns contact IRS and work out a solution on how to permanently end your IRS tax problem.
You will never speak to the Internal Revenue Service. We handle all correspondence with the IRS.
I am a former IRS agent in revenue officer who both worked and taught the offer in compromise program. I am a true expert in IRS tax debt settlement.
Our former IRS agents have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS. Not only did we work his former agents we worked as managers and teaching instructors.
In dealing with the IRS on federal individual or business taxes it is important to know for any individual, business or payroll tax case that you be current in the tax year you are in. IRS will insist on current year compliance.
The Internal Revenue Service may refuse to work with all clients who cannot keep up with current payment requirements.
FST will lay out a complete working system for you to cooperate with Internal Revenue Service to ensure that you will get to deal you are looking for with the IRS, one that you can live with.
KEY FACT:
If you will owe back taxes because of unfiled back taxes, your current financial statement will determine how the Internal Revenue Service will close your case.
Most taxpayers who think IRS will just work out any deal with them find themselves caught in a dilemma once IRS starts reviewing your financial statement.
IRS applies national standards that are shocking to most taxpayers.
You can find the national standards on our website.
The national standards are a list of expenses the Internal Revenue Service will allow you air based on both national, regional and localized standards.
If you are dealing with the ACS unit you will need to use financial statement number 433F if you are dealing in the local office you will need financial statement form 433 a, both can be found on our website.
That financial statement will need to be completely verified and documented to support the numbers on it. IRS will want to verify your financial statement via bank statements, copy of monthly expenses and a copy of pay stubs to verify income.
You must be very accurate and honest with your financial statement. Make sure your financial statement is completely documented.
As a general rule, cases will end in one of two ways people either the Internal Revenue Service after reviewing your financial statements.
IRS will either place you into a:
1.currently not collectible status or
2. ask for a monthly payment.
Some taxpayers who have unpaid income or business taxes may be eligible for offer in compromise.
When you call our office we will walk you through the process.
We will talk to you about settlements, and/or making payments depending on your current financial statement.
It is also best to deal with your unpaid federal income or business taxes before IRS contacts you. The earlier a tax professional has your case the better result you will achieve.
Unfiled, unresolved taxes, call us today and start the process to finally get rid of the IRS once and for all.
Unfiled, Unresolved Taxes + File & Settle + Former IRS Agents
