by Jim Magary | May 18, 2015 | Tax Help
We are a “Affordable” full service tax firm that specializes in all IRS matters & problems. We have a IRS expertise.
We have over 206 years of professional tax experience, over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax office of the Internal Revenue Service.
If you have an IRS tax problem, owe back taxes, wish to file back/past due returns, enter into a IRS payment plan or wishing to settle your tax debt through an offer in compromise, we are one of the most efficient and affordable tax firms to call.
When you call our office shall speak to a true IRS tax expert and not a salesperson.Since 1982 we have been resolving IRS problems.
We can file all back tax returns and work out a tax settlement at the same time. Anytime you owe money to the IRS there are different ways to negotiate your tax debt. We know every tax solution available. You will need to file all back tax returns before the IRS will close case. If you have lost your records or have few records we can still prepare your back tax returns using reconstructive methods and IRS tax transcripts.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We can explain in detail how you can settle your IRS taxes if you are a qualified candidate for the offer in compromise program.
Tax facts
the Internal Revenue Service receives approximately 80,000 offers in compromise every year and accepts approximately 38% of them. The average settlement is $6500 per case.
The IRS Settlement Program
An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. If the liabilities can be fully paid through an installment agreement or other means, the taxpayer will in most cases not be eligible for an OIC.
In order to be eligible for an OIC, the taxpayer must have:
1. filed all tax returns,
2. made all required estimated tax payments for the current year and
3. made all required federal tax deposits for the current quarter if the taxpayer is a business owner with employees.
The IRS will not accept an OIC unless the amount offered by the taxpayer is equal to or greater than the reasonable collection potential (the RCP).
The RCP is how the IRS measures the taxpayer’s ability to pay. The RCP includes the value that can be realized from the taxpayer’s assets, such as real property, automobiles, bank accounts, and other property.
In addition to property, the RCP also includes anticipated future income, less certain amounts allowed for basic living expenses.
The IRS may accept an OIC based on three grounds.
1. First, acceptance is permitted if there is doubt as to liability.
This ground is only met when there is a genuine dispute as to the existence or amount of the correct tax debt under the law.
2. Second, acceptance is permitted if there is doubt that the amount owed is fully collectible.
Doubt as to collectibility exists in any case where the taxpayer’s assets and income are less than the full amount of the tax liability.
3. Third, acceptance is permitted based on effective tax administration.
An offer may be accepted based on effective tax administration when there is no doubt that the tax is legally owed and that the full amount owed can be collected, but requiring payment in full would either create an economic hardship or would be unfair and inequitable because of exceptional circumstances.
A simple phone call to our firm and speaking to a tax expert will probably get you immediate relief to know your tax problem can be handled and managed by a true affordable tax professional.
Before hiring any tax resolution company check on the bios, the experience, and the complaint history before hiring any firm.
We are A+ rated by the Better Business Bureau and have been in practice since 1982.
Call us today for a free initial tax consultation.
IRS Taxes = Owe Back Taxes, Filing Back Past Tax Returns, IRS Payments, Negotiate to Settle Tax Debt = Yuma, Surprise, Flagstaff, Avondale, Goodyear
by Jim Magary | May 18, 2015 | Tax Help
AFFORDABLE Former IRS agents and managers who know the system can permanently resolve any IRS tax problem matter. Since 1982 A+ rated.
We are a full service tax firm that specialize in IRS and state tax services. We specialize in IRS tax problems. since 1982 we have been resolving taxpayer issues in regard to filing, settlements, audits and the removal of IRS tax levies and wage garnishments.
I am a former IRS revenue officer and former instructor who taught IRS collection agents their jobs. I am also a true expert when it comes to the offer in compromise which tax debt settlement program.
We can resolve any IRS tax problem we are a full service professional tax firm.
Our firm has over 206 years professional tax experience and over 60 years of working directly for the Internal Revenue Service. We have worked in a local, district, and regional tax offices of the IRS.
When you call our office you will speak directly to a true IRS tax professional that has years and years of experience and have successfully worked hundreds of cases.
Tax Problems = Removal of IRS Tax Levies/IRS Wage Garnishments
The Internal Revenue Service levies approximately 1.8 million taxpayers each and every year and this figure includes wage garnishments. If you have been levied you are not alone.
The IRS files close to 700,000 federal tax liens each and every year that will both ruin and destroy your credit.
You want to make sure you do not lose your collection due process rights so you want to follow up on all IRS mail.
If you have received a final notice of intent to levy from the Internal Revenue Service make sure you follow-up on the 30 day date, if you don’t IRS will take enforcement action.
Before IRS will remove a tax levy or wage garnishment they will need a current and verifiable financial statement. Form 433F.
If the cases in the local office the revenue officer will require form 433a.
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
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 going to owe tax, we can file your back tax returns and settle your debt all at the same time.
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.
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.
We can resolve any IRS tax problem, since 1982.
by Jim Magary | May 18, 2015 | Tax Help
AFFORDABLE Former IRS agents and managers can completely resolve and end your IRS tax problems. We know the system.
We are a full-service team that specializes in IRS back tax problem and we have been in private practice since 1982. Our firm has over 206 years of professional tax experience.
FST can end and stop an IRS final notice, prevent & stop an IRS tax levy or wage garnishment and settle in IRS tax debt all at the same time.
FST is affordable tax firm that has been practicing since 1982 and has an A+ rating by the Better Business Bureau.
Let me first start out by saying that we have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
As a former IRS agents we were auditors, revenue agents, revenue officers, supervisors and taught at the regional training centers
With that much experience we understand the codes, protocols, settlement theories , and all the avenues to resolve any IRS back tax debt problem.
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.
Respond to IRS Notices
It is very important that every taxpayer respond to letters and notices out by the Internal Revenue Service.
Just as a side note, not a human hand ever touches and IRS notice, as a general rule the are all computer-generated with the exception of the IRS local offices.
IRS enforcement computer CADE2 will follow-up on every action of a letter sent. IRS is the largest collection world.
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.
With 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.
IRS is very methodical and system oriented on how they work cases involving back tax debt.
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.
Tax Compliance is very important to the Internal Revenue Service.
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 tax debt through the OIC,.
I am a former IRS revenue officer who not only worked the program at IRS but was a regional trainer of the program.
I caution any taxpayer wanting to settle their debt for pennies on the dollar to make sure they are qualified applicants for the program.
When you call our office we will give you an initial free consultation to make sure you qualify. The IRS has a pre-qualifier tool to find out for yourself if you are qualified for the program. I urge all taxpayers or potential clients to use this pre-qualifier tool to find out if they are a suitable candidate for the offer in compromise.
We are a full-service professional tax firm specializing in IRS tax problem matters.
Stop IRS Tax Problem, Help – Final Notice of Intent, Tax Levy, Bank & Wage Releases, File Back Returns, Offer in Compromise,Yuma, Surprise, Flagstaff, Avondale, Goodyear
by Jim Magary | May 18, 2015 | Tax Help
We can get your IRS tax levy released within a 24-hour period of time, we are the affordable professional tax firm. We are former IRS agents who know the system. We are the affordable tax firm.
If you are in receipt of an IRS tax levy, wage levy or bank levy garnishment contact us today and we can get your money back from the Internal Revenue Service.
We know the system.
We are composed of tax attorneys, CPAs and former IRS agents and managers who know the system.
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. With our years of experience at the Internal Revenue Service we know the system inside and out and know the fastest and most affordable way to get an IRS tax levy release
Before IRS will release a tax levy a wage garnishment or bank seizure Internal Revenue Service will need a current documented financial statement. Form 433F.
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.
As a general rule IRS will not release your levy until all your tax returns are filed. We can prepare all back, past-due and not file tax returns with little or no records.
After the review of your financial statement we can let you know whether you are a possible debt settlement candidate for the offer in compromise program.
It is very important you file your own tax returns because the IRS has the right under 6020 B of the IR code to file your return is for you. You do not want this to happen.
Call us today and speak to a true IRS tax expert regarding the settling of your case by the Internal Revenue Service.
Affordable IRS Tax Levy Removals + Wage & Bank Garnishment, Not Filed Tax Returns, Settle NOW = Former IRS =Yuma, Surprise, Flagstaff, Avondale, Goodyear
by Jim Magary | May 18, 2015 | Tax Help
As former IRS agents and managers we can get your IRS tax levy released and your case closed all at the same time, fast and affordable, since 1982!
We have over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We know the system so well we taught tax law to new IRS agents. We understand all the protocols, settlement theories and the fastest way the close case through the system. as former IRS employees we taught new trainees their job, that’s how well we know the system.
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 can resolve any IRS tax problem.
The Process to get your Tax Levies Removed = IRS Bank and IRS Wage Garnishments
As former IRS agents we filed hundreds of tax levies so we understand the process and have a streamlined process to get an IRS tax Levy, Bank Levy wage garnishment levy released.
IRS Tax fact, 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.
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.
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. If your case is in the local office they will require 433A
This financial statement will need to be fully documented including copies of bank statements, pay stubs, and proof of all monthly expenses.
IRS will not release a tax levy or wage garnishment levy until they see a fully verified financial statement.
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.
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.
Approximately 6.5 million taxpayers have their cases resolve via a payment agreement and 40% of those get resolved through an IRS tax hardship.
Your financial statement will determine the way IRS deals with your situation.
Your levy can usually be released within 24 hours of IRS receiving your financial info. after we review your personal financial statement we can make a determination that you are eligible for the offer in compromise to settle your tax that for pennies on the dollar.
We walk you through the IRS pre-qualifier tool to find out if this program is right for you. We do not charge any fees unless we know we can get results.
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 can prepare all your back tax returns. We are a full service tax firm.
We are the fast, friendly, and affordable professional tax firm.
REMOVE = IRS Tax Levy, Wage Garnishment & Settle Tax Debt = Fast Affordable = Former IRS Yuma, Surprise, Flagstaff, Avondale, Goodyear
