by steve | Sep 27, 2011 | Tax Returns
FRESH START TAX LLC Since 1982 Affordable IRS Tax Experts A Professional Tax Firm “A” Rated by the Better Business Bureau
If you need to file, and you are going to owe the IRS call us today to see how we can possibly settle your back tax debt. HEAR THE TRUTH!
Do not be ripped off by tax mills or companies that sell your information to other firms. Talk to the actual tax professional that will be working your case.
You will speak to either a Board Certified Tax Attorney, CPA or Former IRS Agent, Manager or Tax Instructor. We have over 205 years of professional tax experience and over 60 years of working directly for the IRS.
We also taught Tax Law and know all of the tax procedures and tax polices to help settle your case for the lowest amount allowed by Federal Law.
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
IRS Tax – File, Owe, Settle Back Tax Debt – How we Settle and Negotiate your case with the Internal Revenue Service:
1. We immediately send a power of attorney to the IRS letting them know we are now your tax representative. You will never have to speak to the IRS.
2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records.
3. The IRS requires a current financial statement. We will secure a required 433-A (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.
IRS Tax Settlement Agreements can be in different forms:
a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.
c. IRS Offer in Compromise. There are three types of OICs:
The IRS may accept an Offer in Compromise based on three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration / Exceptional Circumstances – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
See our home page for more details about Fresh Start Tax L.L.C. Thank You
by steve | Sep 27, 2011 | IRS Tax Debt
FRESH START TAX LLC Since 1982 Affordable IRS Tax Experts A Professional Tax Firm “A” Rated by the Better Business Bureau
If you need to get immediate IRS tax representation from any personal or business tax matter, call us today to hear all your tax options to get your life back in order.
We can stop the IRS and get a workable tax solution to restore your peace and sanity.
We are comprised of Board Certified Tax Attorneys, CPAs and Former IRS Agents, Managers and Instructors who have over 205 years of professional tax experience and over 60 years of working directly for the IRS in the local, district and regional offices of the IRS.
Call us today for a no cost professional tax consult and hear the truth about your case.
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
How we work IRS payroll tax 941 cases: We can get you immediate Tax Relief
Being former IRS Agents and Managers, we know exactly what the IRS is looking for in order to successfully resolve your payroll tax case.
1. We review all necessary payroll tax records and get a good understanding of the nature of the problem.
2. We contact the IRS by sending them a power of attorney so the IRS can only speak to us.
3. We make sure you get current on your payroll tax deposits and that all tax returns have been filed. The IRS will not work with any business that is behind on tax returns or deposits.
4. We prepare all financial documents that the IRS will need to work and close your tax case.
5. We work out a settlement payment with the IRS. One you can pay and not be too stretched.
6. We also advise you on moving forward and do a careful analysis to make sure you will be successful in the upcoming months and years in regards to keeping current with the IRS.
How we work IRS Trust Funds Cases, payroll taxes, 941 cases.
Having worked for the IRS for over 60 years our firms staff is uniquely qualified to work trust fund cases. We have processed thousands of these cases both for the IRS and in private practice.
1. We get a complete history of the company and secure the required documentation.
2. We fill out the necessary tax forms that IRS will request.
3. We secure a status report from the IRS.
4. We secure the information in the IRS file to better equip us in handling the tax case.
5. We make decisions and recommendations on how best to resolve your case.
6. Prepare all appeals as necessary.
7. Set up a long term solution to get the problem remedied once and for all.
8. Set up payments plans or offers in compromise if necessary.
by steve | Sep 27, 2011 | IRS Tax Debt
As a former IRS Agent, this is by far one of the easier cases you can work for a taxpayer an have instant success. IRS Payment Plans can be fast and easy on the pocket book. If you contact a tax professional they can make this process very simple and easy. These agreements can range in cost from $1- 2500 depending on the firm and the time put in to close the case.
One of the critical elements of any and all payment plans with the Internal Revenue Service is that you must be current on all your tax return filings. IRS will never enter a payment plan with those delinquent in the filing of their tax returns both personal and business.IRS will check there computer system to verify that all tax returns have been filed.
The Internal Revenue Service is currently trying to modify payment agreements and make it easier on the public to obtain. Streamlined agreements seem to be the wave of the future and the IRS may be moving up the dollar amount to help more taxpayers acquire a 60 month payout. The latest findings of the Treasury General seem to indicate that this program has been a success.
According to the Treasury General ‘The streamlined installment agreement program has brought in large amounts of revenue with minimal work and Internal Revenue Service (IRS) processing, while decreasing taxpayer burden by reducing the amount of documentation required. In Fiscal Year 2010, approximately 3.1 million taxpayers ( that is a huge number of taxpayers ) entered into streamlined installment agreements.”
In the same period, approximately $5.9 billion was collected and 1.7 million taxpayers fully paid their liabilities through streamlined installment agreements.
IRS Payment Plans – Fast & Easy – IRS Insider, Former IRS Agents
A Streamlined Agreement is an agreement made by the IRS and the taxpayer for total balances under $25,000. That total includes all tax, penalties and interest.The balance must be paid within a period of no more than 60 months and the statute of limitations may not expire during such time. The taxpayers account may be in notice status or pre-assessment phase. The type of taxes involved for streamlined may be both income, personal and defunct business tax.
Know all your rights before contacting the IRS for any tax matter you may have. It is always best to have professional tax representation. It is always in the best interest of the taxpayer to retain former IRS employees who know all of the tax codes, procedures and settlement guidelines.
by steve | Sep 27, 2011 | Tax Levy and Wage Garnishments
Do you need to get a IRS Payment Agreement? Call us today and we can end your worries. 1-866-700-1040 Affordable
Streamlined Installment Agreements
Streamlined installment agreements may be approved for taxpayers under the following circumstances:
1. The aggregate unpaid balance of assessments is $25,000 or less.
2. The unpaid balance of assessments includes tax, assessed penalty and interest, and all other assessments on the tax modules. It does not include accrued penalty and interest.
3. If pre-assessed taxes are included, the pre-assessed liability plus unpaid balance of assessments must be $25,000 or less.
The unpaid balance of assessments will be fully paid in 60 months, or the agreement will be fully paid prior to the CSED, whichever comes first.
Accounts in any status qualify, including:
Notice status accounts;
Balance due status accounts; and
Pre-assessed accounts.
The following types of taxpayers qualify for streamlined agreements:
Individual Accounts
Business Accounts (income tax only); and
Out of business BMF (any type tax).
A lien determination is not required for a streamlined installment agreement but may be made at the discretion of the revenue officer and liens may be filed.
Note:
Per IRM 5.12.2.4 a lien determination is required by a specific date. If the case cannot be closed as a streamlined IA on or before the lien determination date, a lien determination must be made based on the facts of the case. The revenue officer has the latitude to make a timely lien determination as a non-filing or deferral of the lien filing, then finish the negotiation and close the case to a streamlined IA.
No managerial approval is required.
These agreements may be secured in person, by telephone or by correspondence.
As with all agreements, the taxpayer must have filed all tax returns that are due prior to entering into the agreement.
by steve | Sep 26, 2011 | IRS Tax Debt, Tax Lawyer
Fresh Start Tax LLC Since 1982 Affordable IRS Tax Experts A Professional Tax Firm “A” Rated by the Better Business Bureau
Have Former IRS Agents, Managers and Tax Instructors settle your IRS tax case. We taught Tax Law at the IRS and know all the tax policies and procedures.
On staff Former IRS Offer in Compromise Settlement Agents who not only settled cases for the IRS but also taught Tax Law and Tax Debt Settlements called the Offer in Compromise Program.
Do not be ripped off by pennies on a dollar. 25% of all Offers are accepted by the IRS. Call us for a no cost professional tax consult and hear the truth about Offers in Compromise or Tax Debt Settlements.
We are comprised of Board Certified Tax Attorneys, CPA’s and Former IRS Agents, Managers and Instructors.
We have over 205 years of professional tax experience and over 60 years of working directly for the IRS in the local, district and regional offices of the IRS.
We are one of the most trusted and experienced professional tax firms.
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
IRS Tax Debt Settlements – How we Settle and Negotiate your case with the Internal Revenue Service:
1. We immediately send a power of attorney to the IRS letting them know we are now your tax representative. You will never have to speak to the IRS.
2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records.
3. The IRS requires a current financial statement. We will secure a required 433-A (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.
IRS Tax Settlement Agreements can be in different forms:
a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.
c. IRS Offer in Compromise. There are three types of OICs:
The IRS may accept an Offer in Compromise based on three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration / Exceptional Circumstances – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
See our home page for more details about Fresh Start Tax L.L.C. Thank You
