by Jim Magary | Feb 10, 2015 | Tax Help
We are comprised of AFFORDABLE of tax attorneys, tax lawyers, CPAs, enrolled agents, and former IRS agents, managers and tax instructors.
We have over 60 years of working directly for the IRS in the local, district and regional offices of the IRS.
We have worked in almost every facet IRS. We know the system!!!
Our firm of tax professionals have over 206 years of professional tax experience.
We can represent you from anything from an IRS notice/letter going to appeals and tax court if necessary.Tax Attorney, and Tax Lawyers will represent you.
Most problems that taxpayers and businesses have are usually administrative nature.
Since 1982 we have been in private practice and expanding our services to nationwide tax relief.
We have a full-service firm can handle any IRS problem.
If you have received an IRS tax levy as a general rule within 24 hours of our firm receiving your documented financial statement including your last tax return, your pay stub, your last three months bank statements we can get IRS to release a bank or wage garnishment levy.
If you are looking for an IRS tax settlement that is called an offer in compromise.
42% of all offers in compromise filed with IRS were accepted.
Last year 78,000 taxpayers settled are taxed at the of the tax settlement called the offer in compromise.
If you owe back taxes to the Internal Revenue Service we have a variety of solutions to currently resolve all problems.
Your situation will be governed completely on your current financial statement and your ability to pay the back tax.
If you need to file back tax returns we have a fully professional staff that can assure you will pay the lowest amount allowed by law and help audit proof your return from the Internal Revenue Service.
Call us today to speak to true IRS tax experts.
If you need to speak directly to a tax attorney or tax lawyer because of a criminal situation you have asked our receptionist to do so so the attorney knows the call may remain privileged.
IRS Tax Problems = Tax Attorneys, Tax Lawyers, IRS Tax Levy, Tax Debt Settlement, Owe Back Taxes, File Back Returns = Minneapolis, Saint Paul, Rochester, Duluth, Bloomington
by Jim Magary | Feb 10, 2015 | Tax Help
We are a team of AFFORDABLE Former IRS agents, managers and teaching instructors. We know the system.
We can help get you immediate tax relief if you owe back taxes on individual, business, corporate or payroll taxes.
FST has over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
When you call our office you can speak directly to a true IRS tax professional who will give you expert advice on how to resolve any IRS tax problem that you have including owing back tax debt for individual, business or payroll taxes. We know all the solutions.
Owing Back Taxes to the IRS
Anytime anyone owes back taxes with the Internal Revenue Service it will be required to provide a current documented financial statement. Always on the forms belonging to IRS.
The Internal Revenue Service will ask for a 433F, 433A, or 433B depending on the type of tax you owe.
You will have to verify all income and all expenses.
As a result of the Internal Revenue Service reviewing your current financial statement there are three general options that a taxpayer, business or corporation will have if they owe individual, business or payroll taxes.
The IRS agent reviewing the case will either put your case into a hardship because of your current financial situation, IRS will ask you to make monthly payments, or IRS will propose you file an offer in compromise to resolve your tax debt problem.
When you call our office we will review your financial statement and give you a free assessment on what we feel will happen and as a general rule we are spot on as to how IRS will work your case.
Call us today for free initial tax consultation and will show you the ways you can resolve your backs tax debt.
IRS Tax = Owe Back Taxes = Individual, Business, Payroll = Settlements, Payment Options, Hardships, File =Minneapolis, Saint Paul, Rochester, Duluth, Bloomington
by Jim Magary | Feb 10, 2015 | Tax Help
The Affordable professional tax firm.
Trust your problem to former IRS agents and managers who know the system.
FST has over 206 years 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 Internal Revenue Service.
As former IRS agents we taught tax law and wrote part of the IRM section 5 dealing with the collection division.
We’re true affordable tax experts when it comes to immediate tax levy relief of bank and wage garnishment levies, IRS audits, IRS settlements call offers in compromise, IRS payment plans and any type of IRS matter situation or problem that may arise.
Immediate relief of an IRS tax levy
To get an IRS tax levy release, IRS will need a current documented financial statement along with three months worth of bank statements, monthly expenses and a copy of your pay stub to prove your income.
Internal Revenue Service will analyze your current financial statement and make a closing decision to remedy your case.
As a general rule the two main solutions are putting your case into a temporary hardship or asking for a monthly payment agreement.
Others opt to file for offer in compromise to settle their tax debt through the new fresh start tax initiative called the offer in compromise
If you are undergoing a tax audit you can have a former IRS agents defend your tax position in a sure you pay the lowest amount allowed by law.
If you owe back tax will review the situation and can enter you either into a hardship program or have you make back payments depending on your current financial condition.
Call us today we are a full service tax firm having a unique expertise and all IRS matters.
We’ve been practicing since 1982 in our A+ rated by the BBB.
IRS = Immediate Tax Levy Relief, IRS Audit, IRS Settlements, IRS Payment Plans = Former IRS Affordable = Minneapolis, Saint Paul, Rochester, Duluth, Bloomington
by Jim Magary | Feb 9, 2015 | Tax Help
We know the IRS system, we were Former IRS Agents and Managers, Affordable IRS Tax Relief TODAY!
IRS filed 1.6 million tax levies, bank levies, wage garnishment levies each and every year, you are not alone.
FST can get your IRS tax levy, bank levy or wage garnishment levy released within 24 hours and settle your case all at the same time.
FST is the affordable tax firm.
There is a very specific process to get your tax levy released.
Within 24 hours of receiving your current documented financial statement we can remove an IRS tax levy bank levy or wage garnishment levy.
Being former IRS agents and managers we know and understand the system and have released hundreds of bank and wage levies being former IRS agents we know the process.
Not only can we remove your levy, we will close and settle your case off the IRS enforcement computer, yes the CADE 2 computer, the IRS collection beast.
Once the Internal Revenue Service reviews your current financial statement they will need to close your case and settle your case.
Beside your current financial statement, IRS will need a copy of your last three months bank statements copy your monthly expenses and a copy of your last pay stubs.
You’ll need to make sure all your tax returns are filed in current with IRS.
As a general rule after a review by the Internal Revenue Service will place you into a
1. Currently non-collectible file.
2. Place you into a monthly installment payment or
3. Could offer you the possibility to settle your tax debt through the offer in compromise.
Call us today for a free initial tax consultation and speak to a true IRS tax expert.
Call us today for a free initial tax consultation and you will speak to a true IRS tax expert.
A+ rated by the Better Business Bureau and practicing since 1982.
We are a full service tax firm.
Immediately Remove IRS Tax Levy, Bank Levy, Wage Levy Garnishment, Settle Tax = Brooklyn Park Plymouth, Saint Cloud, Eagan, West Coon Rapids
by Jim Magary | Feb 9, 2015 | Tax Help
Let IRS Help You if W-2s Are Missing
In most cases you get your W-2 forms by the end of January.
Form W-2, Wage and Tax Statement, shows your income and the taxes withheld from your pay for the year.
You need your W-2 form to file an accurate tax return.
If you haven’t received your form by mid-February, here’s what you should do:
• Contact your employer. Ask your employer (or former employer) for a copy. Be sure that they have your correct address.
• After Feb. 23. If you can’t get a copy from your employer, call the IRS at 800-829-1040 after Feb. 23.
The IRS will send a letter to your employer on your behalf.
You’ll need the following when you call:
o Your name, address, Social Security number and phone number;
o Your employer’s name, address and phone number;
o The dates you worked for the employer; and
o An estimate of your wages and federal income tax withheld in 2014. You can use your final pay stub for these amounts.
• File on time.
Your tax return is normally due on or before April 15, 2015. Use Form 4852, Substitute for Form W-2, Wage and Tax Statement, if you don’t get your W-2 in time to file. Estimate your wages and taxes withheld as best as you can.
The IRS may need more time to process your return while it verifies your information. If you can’t finish your tax return by the due date, you can ask for more time to file.
Get an extra six months by filing Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.
You can also e-file a request for more time. You can do this for free with IRS Free File.
• Correct if necessary. You may need to correct your tax return if you get your missing W-2 after you file.
If the tax information on the W-2 is different from what you originally reported, you may need to file an amended tax return.
Use Form 1040X, Amended U.S. Individual Income Tax Return to make the change.
Note: Important New Health Insurance Form.
If you bought health insurance through the Health Insurance Marketplace, you should have received a Form 1095-A, Health Insurance Marketplace Statement, by early February.
You will need the new form to help you complete an accurate federal tax return. You will use the information from the Form 1095-A to calculate the amount of your premium tax credit.
The form is also used to reconcile advance payments of the premium tax credit made on your behalf with the amount of premium tax credit that you are eligible to claim.
If you did not receive your Form 1095-A, you should contact the Marketplace from which you received coverage to get a copy.
You are not required to send in proof of health care coverage, including Form 1095-A, to the IRS when filing your tax return.
However, it’s a good idea to keep these records on hand to verify coverage.
Additional information about the Form 1095-A is available on IRS.gov/aca and on HealthCare.gov/taxes.
You can visit IRS.gov/Forms to view, download or print the tax forms you need right away. To get IRS forms by mail go to IRS.gov/order forms and place an order
