by Jim Magary | May 15, 2015 | Tax Help
FST is an AFFORDABLE professional tax firm that specializes in IRS Back Taxes, A plus Rated BBB, in private since 1982.
We have been in private practice since 1982 and are true affordable tax experts in resolving federal, individual, business in payroll taxes.
If you owe IRS back taxes were not filed back tax returns we can work out a livable solution to go ahead and help settle your tax debt.
If you have received an IRS final notice make sure you act upon it by the given date or IRS will start enforced collection action.
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. The bottom line, is we know all the internal systems of Internal Revenue Service.
Your Current Financial Condition is the key to settle
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.
Your current financial statement as a general rule will determine the outcome of your case. and other factory 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.
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 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.
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.
Last year over 40% of the taxpayers that owed money to the IRS had their case being put into currently not collectible file and another 6.5 million have their cases put in for an installment agreement.
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 41% 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.
FST can file all back tax returns and get this problem behind you so you can move on with your life.
As a side note:
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.
Call us today for a free initial tax consultation speak directly to a true tax expert.
Phoenix + Owe Back IRS Taxes + Individual, Business, Payroll Taxes + Not Filed Tax Returns, Settle Tax Debt, Final Notices = Affordable
by Jim Magary | May 15, 2015 | Tax Help
We are IRS tax specialist for the offer in compromise. I’m a former IRS revenue officer & teaching instructor of the offer in compromise. I know the system inside and out.
Have former IRS agents and managers settle your tax debt with the IRS, since 1982, A+ rated BBB.
We are composed of former IRS agents and managers who were former employees of the Internal Revenue Service. Not only were we former IRS agents and managers we were teaching instructors as well.
We have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
You can call us today for free initial tax consultation and find out if you are a true offer in compromise tax debt settlement candidate. Here the Truth from True Tax Professionals.
We Can Resolve Any IRS Tax Problem You Have.
It is important to know you will that all back tax returns will have to be filed, up-to-date and current on the IRS computer system before the Internal Revenue Service will accept an offer in compromise.
Last year there were 78,000 offers in compromise were filed with the Internal Revenue Service, 38% of those were accepted for an average of $6500 per case.
Right now the current wait time of an offer in compromise is nine months. About 20% of all offers in compromise go to the Appellate Division for settlement. Many Times You Will Get Your Settlement Deal in the Appeals Division.
You should know that not everyone is an offer in compromise candidate to settle their tax debt.
The best thing that you can do was walk through the pre-qualifier tool to make sure you’re a qualified candidate or call our office today and we will walk you through the process.
Please keep in mind that if you have had an offer in compromise rejected you may file another offer at any point in time.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
Phoenix = Offer in Compromise, Settle IRS Tax Debt, File Back Tax Returns, IRS Tax Problems + AFFORDABLE FORMER IRS
by Jim Magary | May 15, 2015 | Tax Help
We are “AFFORDABLE” Former IRS Agents & Managers that specialize in the fast removal of IRS tax levies, bank levies, and wage garnishment levies.
Since 1982 our firm has been resolving IRS tax matters. A plus rated BBB.
IRS files 1.9 million tax levies each and every year. This figure includes both the bank levies and wage garnishment notices.
We have a streamlined process that can affordably solve your IRS tax debt and release your tax levy. We have released hundreds upon hundreds of IRS tax levies.
When you call our offices we will go over a variety of solutions and resolutions to not only get your IRS wage garnishment levy released but close and settle your case all at the same time.
IRS Final notices
If you do not respond to the IRS the final notice, the IRS has no choice but to systemically send out an IRS bank or wage garnishment levy.
There Cade 2 computer system is the mother of all collection tools.
It is the largest collection computer in the world. It contains all their levy source material.
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.
There’s a very streamlined process too quickly, efficiently and for affordable fees get your IRS tax levy immediately released.
IRS Required Financial Statement- the 433F
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.
It will need to be a form 433F.
IRS will require the last 3 months of bank statements, copy of all monthly 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.
As a general rule IRS settles case by putting them into hardship, payment agreements or the recommendation of settling your tax debt to the offer in compromise.
The IRS places over 40% of their collection cases into a current tax hardship or uncollectible and over 6 million people enter into installment payments every year.
It is important for you to know if you owe back IRS tax debt, you will have to file all back tax returns before the Internal Revenue Service will negotiate with you.
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.
When speaking to somebody on our friendly staff, we will let you know if you are an eligible candidate to settle your tax debt through the offer in compromise program. We will also let you know about the IRS pre-qualifier tool for the offer in compromise.
Last year there were 78,000 offers in compromise filed in close to 40% of more accepted by the Internal Revenue Service for average of $6500.
Call us today for a free initial tax consultation.
Stop IRS Tax Levy NOW = Bank, Wage Garnishment Tax Levy +Former IRS + IRS Tax Levy Settlements “Affordable” Tucson, Mesa, Chandler, Glendale, Scottsdale
by Jim Magary | May 14, 2015 | Tax Help
“AFFORDABLE” Former IRS Agents & Managers that specialize in the fast removal of IRS tax levies, bank levies, and wage garnishment levies. We know the system, since 1982.
Since 1982 our firm has been resolving IRS tax matters. A plus rated BBB.
IRS files 1.9 million tax levies each and every year.
We have a streamlined process that can affordably solve your IRS tax debt and release your tax levy.
When you call our offices we will go over a variety of solutions and resolutions to not only get your IRS wage garnishment levy released but close and settle your case all at the same time.
IRS files 1.9 million tax levies each year. If you do not respond to the IRS the final notice, the IRS has no choice but to systemically send out an IRS bank or wage garnishment levy.
There Cade 2 computer system is the mother of all collection tools.It is the largest collection computer in the world.
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.
There’s a very streamlined process too quickly, efficiently and for affordable fees get your IRS tax levy immediately released.
Required Financial Statement- the 433F
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.
It will need to be a form 433F.
IRS will require the last 3 months of bank statements, copy of all monthly 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.
As a general rule IRS settles case by putting them into hardship, payment agreements or the recommendation of settling your tax debt to the offer in compromise.
The IRS places over 40% of their collection cases into a current tax hardship or uncollectible and over 6 million people enter into installment payments every year.
It is important for you to know if you owe back IRS tax debt, you will have to file all back tax returns before the Internal Revenue Service will negotiate with you.
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.
When speaking to somebody on our friendly staff, we will let you know if you are an eligible candidate to settle your tax debt through the offer in compromise program.
Last year there were 78,000 offers in compromise filed in close to 40% of more accepted by the Internal Revenue Service for average of $6500.
Call us today to learn more about the offer in compromise program offered by the Internal Revenue Service.
Phoenix = Stop IRS Tax Levy NOW = Bank, Wage Garnishment Tax Levy + Affordable + Former IRS – IRS Tax Levy Settlements
by Jim Magary | May 14, 2015 | Tax Help
We are a “Affordable” full service tax firm that specializes in all IRS matters/problems and have been doing so since 1982.
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.
We know every system used by IRS.
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.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
If you have any type of IRS problem, matter or situation you can contact us today for a free initial tax consultation and get true affordable tax release from true IRS tax experts.
All our work is done in-house by these experts.
We can explain in detail how you can settle your IRS taxes if you are a qualified candidate for the offer in compromise program.
The IRS Settlement Program, the Offer in Compromise 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.
On the Fresh Start Tax staff are tax attorneys, certified public accountants, enrolled agents and former IRS agents managers and tax instructors.
We match you up specifically with the person who has the expertise with your particular tax matter situation.
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.
It is important to note that any time IRS deals with the taxpayer on a current matter the IRS will make sure the taxpayers are in compliance with tax filings.
If you have back tax returns you need to file we can prepare those returns and have them on file with the Internal Revenue Service in a matter of days.
IRS Taxes = Owe Back Taxes, Filing Back, Past Tax Returns, IRS Payments, Settle Tax Debt =