by Fresh Start Tax | Jan 24, 2019 | Tax Help
We are one of the premier Christian tax experts in the US and have over 200 years of direct tax experience & over 100 years of working directly for the IRS. <><
Proverbs 12:15
The way of a fool is right in his own eyes, but a wise man listens to advice.
Proverbs 11:14 when
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
The day finally comes that you know it was going to happen when you actually receive an IRS tax bill, letter or notice.
So what is the next step?
One of the first things you want to do is to examine the IRS tax bill, letter or notice to make sure the information being reported to you by the IRS is accurate and correct.
IRS all the time does not have the right records.
Approximately 15% of all letters are accurate for very reasons.
So the first step is to pull out your tax return and examine the IRS letter, notice or bill to make sure that what the IRS is saying is correct.
If it’s not correct you should send a certified letter, and always make sure it’s certified back to IRS identifying the problems with your records pointing out what the confusion is with the IRS letter you have just received.
If you have a tax practitioner, CPA it’s best to take the information to them to match up your records against the IRS tax bill notice or letter.
You always want to make sure you follow-up on the correspondence and if you do not hear back within a 30 day period it is absolutely necessary for you to call the IRS and stay on top of this.
If you cannot get through to IRS because of call log back jams continue to call, do not leave this alone because it’s not going to go away.
One of the frustrating elements of dealing with IRS as you may’s speak to two or three people just to resolve this plus you always have the IRS tax advocate if it gets out of hand.
What to do if the liability is correct and you owe back taxes.
When you IRS back taxes you have different options to satisfy IRS, get them off your back.
The four ways to deal with IRS is through an:
1. installment or payment arrangement,
2. applying for a currently non-collectible or hardship program,
3. the filing of the offer in compromise or,
4. the expiration of the statute of limitations.
The IRS installment payment agreement.
The Internal Revenue Service accepts 6.5 million payment agreements every year. Some you can get online and others you have to call IRS and submit a current financial statement along with documentation.
IRS will look at the principal amount you owe, your monthly income and expenses, the life of the statute, and your ability to pay back IRS based on your current financial statement. When you call us we will review the different options you have and see which of the programs you qualify for to pay off your IRS tax bill.
Applying for the currently not collectible a hardship program.
About 40% of all cases in the IRS collection cases wind up in the collection Q as currently non-collectible or hardship mode because taxpayers are businesses simply cannot pay their bills at the current time.
Before your case gets put in this mode IRS will need a current financial statement to verify income, expenses and will also require a financial statement in which IRS will require bank statements, pay stubs, copies of all expenses to make sure you have completed an honest financial statement.
Depending on where the case is worked, the IRS will ask for 433A, or 433F.
RECORD REQUIREMENTS. IRS may ask for the last three months, the last six months or in some cases they may want an average of the last year before they place you in hardship. A quick note about IRS hardships or non-collectible cases, the penalties and interest still run and the IRS will review the case and anywhere between one and three years.
If your case is placed in non-collectible or hardship, you must keep current on your tax filings and payments for the future years, if not IRS will default the hardship program and can kick the case out to be reworked and you can expect IRS to be much tougher than the first time around.
The filing of the offer in compromise.
IRS accepts about 32,000 offers in compromise each and every year. The average settlement is $9500.
Don’t let the $9500 deceive you because it’s just an average settlement.
Some cases settle for $1 million in some cases settle for $1000. IRS has very specific standards that they use for the acceptance of an offer in compromise and you should seek the help of a true tax professional in filing the offer.
You want to make sure you’re a true qualified candidate before you give your money to any tax firm. I was a former IRS agent and teaching instructor of the offer in compromise when formerly employed by my former boss.
The expiration of the statute of limitations.
IRS has generally a 10 year rule from the date of the assessment in which the statute of limitation expires.
There are three or four different events that can trigger the continuation of the statute of limitations. If your statute has run after the 10 year date your case, the tax debt is permanently dropped from IRS records and no further money is owed to the Internal Revenue Service.
You can find the statute of limitations by ordering an IRS tax transcript and finding out how close you are to the IRS dropping your case off the system.
If you have any questions call us today for a free initial tax consultation and we will walk you through the process.
What To Do If You Received a IRS Tax Bill Letter/Notice + Christian Tax Company Services, CPA’s, former irs
by Fresh Start Tax | Jan 24, 2019 | Tax Help
The day finally comes that you know it was going to happen when you actually receive an IRS tax bill, letter or notice.
So what is the next step?
One of the first things you want to do is to examine the IRS tax bill, letter or notice to make sure the information being reported to you by the IRS is accurate and correct.
IRS all the time does not have the right records.
Approximately 15% of all letters are accurate for very reasons.
So the first step is to pull out your tax return and examine the IRS letter, notice or bill to make sure that what the IRS is saying is correct.
If it’s not correct you should send a certified letter, and always make sure it’s certified back to IRS identifying the problems with your records pointing out what the confusion is with the IRS letter you have just received.
If you have a tax practitioner, CPA it’s best to take the information to them to match up your records against the IRS tax bill notice or letter.
You always want to make sure you follow up on the correspondence and if you do not hear back within a 30 day period it is absolutely necessary for you to call the IRS and stay on top of this.
If you cannot get through to IRS because of call log back jams continue to call, do not leave this alone because it’s not going to go away.
One of the frustrating elements of dealing with IRS as you may’s speak to two or three people just to resolve this plus you always have the IRS tax advocate if it gets out of hand.
What to do if the liability is correct and you owe back taxes.
When you IRS back taxes you have different options to satisfy IRS, get them off your back.
The four ways to deal with IRS is through an:
1. installment or payment arrangement,
2. applying for a currently non-collectible or hardship program,
3. the filing of the offer in compromise or,
4. the expiration of the statute of limitations.
The IRS installment payment agreement.
The Internal Revenue Service accepts 6.5 million payment agreements every year. Some you can get online and others you have to call IRS and submit a current financial statement along with documentation.
IRS will look at the principal amount you owe, your monthly income and expenses, the life of the statute, and your ability to pay back IRS based on your current financial statement. When you call us we will review the different options you have and see which of the programs you qualify for to pay off your IRS tax bill.
Applying for the currently not collectible a hardship program.
About 40% of all cases in the IRS collection cases wind up in the collection Q as currently non-collectible or hardship mode because taxpayers are businesses simply cannot pay their bills at the current time.
Before your case gets put in this mode IRS will need a current financial statement to verify income, expenses and will also require a financial statement in which IRS will require bank statements, pay stubs, copies of all expenses to make sure you have completed an honest financial statement.
Depending on where the case is worked, the IRS will ask for 433A, or 433F.
RECORD REQUIREMENTS. IRS may ask for the last three months, the last six months or in some cases they may want an average of the last year before they place you in hardship. A quick note about IRS hardships or non-collectible cases, the penalties and interest still run and the IRS will review the case and anywhere between one and three years.
If your case is placed in non-collectible or hardship, you must keep current on your tax filings and payments for the future years, if not IRS will default the hardship program and can kick the case out to be reworked and you can expect IRS to be much tougher than the first time around.
The filing of the offer in compromise.
IRS accepts about 32,000 offers in compromise each and every year. The average settlement is $9500.
Don’t let the $9500 deceive you because it’s just an average settlement.
Some cases settle for $1 million in some cases settle for $1000. IRS has very specific standards that they use for the acceptance of an offer in compromise and you should seek the help of a true tax professional in filing the offer.
You want to make sure you’re a true qualified candidate before you give your money to any tax firm. I was a former IRS agent and teaching instructor of the offer in compromise when formerly employed by my former boss.
The expiration of the statute of limitations.
IRS has generally a 10 year rule from the date of the assessment in which the statute of limitation expires.
There are three or four different events that can trigger the continuation of the statute of limitations. If your statute has run after the 10 year date your case, the tax debt is permanently dropped from IRS records and no further money is owed to the Internal Revenue Service.
You can find the statute of limitations by ordering an IRS tax transcript and finding out how close you are to the IRS dropping your case off the system.
If you have any questions call us today for a free initial tax consultation and we will walk you through the process.
What To Do If You Received a IRS Tax Bill Letter/Notice
by Fresh Start Tax | Jan 24, 2019 | Tax Help
We are the premier Christian tax experts in the US and have over 200 years of direct tax experience & over 100 years of working directly for the IRS. <><
Proverbs 12:15
The way of a fool is right in his own eyes, but a wise man listens to advice.
Proverbs 11:14 when
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
If you are having any problem with the federal or state tax government call us today to find out the truth about completely resolving your case.
It is important to know that when you are working with a government agency about relieving a federal or state tax debt that all tax returns need to be filed whether you can pay them or not.
IRS or the state will make sure you’re fully compliant with all filing requirements.
So with that in mind, let’s go into the ways to deal with federal or state tax debt.. Both the state and the federal government pretty much work the same way.
When you IRS back taxes you have different options to satisfy IRS, get them off your back.
The four ways to deal with IRS is through an:
1. installment or payment arrangement,
2. applying for a currently non-collectible or hardship program,
3. the filing of the offer in compromise or,
4. the expiration of the statute of limitations.
The IRS installment payment agreement.
The Internal Revenue Service accepts 6.5 million payment agreements every year. Some you can get online and others you have to call IRS and submit a current financial statement along with documentation.
IRS will look at the principal amount you owe, your monthly income and expenses, the life of the statute, and your ability to pay back IRS based on your current financial statement. When you call us we will review the different options you have and see which of the programs you qualify for to pay off your IRS tax bill.
Applying for the currently not collectible a hardship program.
About 40% of all cases in the IRS collection cases wind up in the collection Q as currently non-collectible or hardship mode because taxpayers are businesses simply cannot pay their bills at the current time.
Before your case gets put in this mode IRS will need a current financial statement to verify income, expenses and will also require a financial statement in which IRS will require bank statements, pay stubs, copies of all expenses to make sure you have completed an honest financial statement.
Depending on where the case is worked, the IRS will ask for 433A, or 433F.
RECORD REQUIREMENTS. IRS may ask for the last three months, the last six months or in some cases they may want an average of the last year before they place you in hardship. A quick note about IRS hardships or non-collectible cases, the penalties and interest still run and the IRS will review the case and anywhere between one and three years. If your case is placed in non-collectible or hardship, you must keep current on your tax filings and payments for the future years, if not IRS will default the hardship program and can kick the case out to be reworked and you can expect IRS to be much tougher than the first time around.
The filing of the offer in compromise.
IRS accepts about 32,000 offers in compromise each and every year. The average settlement is $9500.
Don’t let the $9500 deceive you because it’s just an average settlement.
Some cases settle for $1 million in some cases settle for $1000. IRS has very specific standards that they use for the acceptance of an offer in compromise and you should seek the help of a true tax professional in filing the offer.
You want to make sure you’re a true qualified candidate before you give your money to any tax firm. I was a former IRS agent and teaching instructor of the offer in compromise when formerly employed by my former boss.
The expiration of the statute of limitations.
IRS has generally a 10 year rule from the date of the assessment in which the statute of limitation expires.
There are three or four different events that can trigger the continuation of the statute of limitations. If your statute has run after the 10 year date your case, the tax debt is permanently dropped from IRS records and no further money is owed to the Internal Revenue Service.
You can find the statute of limitations by ordering an IRS tax transcript and finding out how close you are to the IRS dropping your case off the system.
If you have any questions call us today for a free initial tax consultation and we will walk you through the process.
Christian Debt Relief + IRS & State Tax Help
by Fresh Start Tax | Jan 23, 2019 | Tax Help
When you owe IRS back taxes you have different options to satisfy IRS, get them off your back.
The four ways to deal with IRS is through an:
1 .installment or payment arrangement,
2. applying for a currently non-collectible or hardship program,
3. the filing of the offer in compromise or,
4. the expiration of the statute of limitations.
The IRS installment payment agreement.
The Internal Revenue Service accepts 6.5 million payment agreements every year. Some you can get online and others you have to call IRS and submit a current financial statement along with documentation.
IRS will look at the principal amount you owe, your monthly income and expenses, the life of the statute, and your ability to pay back IRS based on your current financial statement. When you call us we will review the different options you have and see which of the programs you qualify for to pay off your IRS tax bill.
Applying for the currently not collectible a hardship program.
About 40% of all cases in the IRS collection cases wind up in the collection Q as currently non-collectible or hardship mode because taxpayers are businesses simply cannot pay their bills at the current time.
Before your case gets put in this mode IRS will need a current financial statement to verify income, expenses and will also require a financial statement in which IRS will require bank statements, pay stubs, copies of all expenses to make sure you have completed an honest financial statement.
Depending on where the case is worked, the IRS will ask for 433A, or 433F.
RECORD REQUIREMENTS. IRS may ask for the last three months, the last six months or in some cases they may want an average of the last year before they place you in hardship. A quick note about IRS hardships or non-collectible cases, the penalties and interest still run and the IRS will review the case and anywhere between one and three years. If your case is placed in non-collectible or hardship, you must keep current on your tax filings and payments for the future years, if not IRS will default the hardship program and can kick the case out to be reworked and you can expect IRS to be much tougher than the first time around.
The filing of the offer in compromise.
IRS accepts about 32,000 offers in compromise each and every year. The average settlement is $9500.
Don’t let the $9500 deceive you because it’s just an average settlement.
Some cases settle for $1 million in some cases settle for $1000. IRS has very specific standards that they use for the acceptance of an offer in compromise and you should seek the help of a true tax professional in filing the offer.
You want to make sure you’re a true qualified candidate before you give your money to any tax firm. I was a former IRS agent and teaching instructor of the offer in compromise when formerly employed by my former boss.
The expiration of the statute of limitations.
IRS has generally a 10 year rule from the date of the assessment in which the statute of limitation expires.
There are three or four different events that can trigger the continuation of the statute of limitations. If your statute has run after the 10 year date your case, the tax debt is permanently dropped from IRS records and no further money is owed to the Internal Revenue Service.
You can find the statute of limitations by ordering an IRS tax transcript and finding out how close you are to the IRS dropping your case off the system.
If you have any questions call us today for a free initial tax consultation and we will walk you through the process.
How Much Do I Owe The IRS – 4 Ways To Pay Off Your IRS Tax Bill
by Fresh Start Tax | Jan 23, 2019 | Tax Help
Individual Payment Plan
Do you qualify?
Your specific tax situation will determine which payment options are available to you. Payment options include full payment, a short-term payment plan (paying in 120 days or less) or a long-term payment plan (installment agreement) (paying in more than 120 days).
You may qualify to apply online if:
• Long-term payment plan (installment agreement): You owe $50,000 or less in combined tax, penalties and interest, and filed all required returns.
• Short-term payment plan: You owe less than $100,000 in combined tax, penalties and interest.
If you are a sole proprietor
What do you need to apply for a payment plan?
• Name exactly as it appears on your most recently filed tax return
• Valid e-mail address
• Address from most recently filed tax return
• Date of birth
• Filing status
• Your Social Security Number (and spouse’s if filed jointly) or Individual Tax ID Number (ITIN)
• If you previously registered for an Online Payment Agreement, Get Transcript, or any Identity Protection PIN (IP PIN), you should log in with the same user ID and password
If we approve your payment plan, one of the following fees will be added to your tax bill. If you owe a balance over $25,000 you must make automatic payments from your checking account (direct debit).
Plan Option & Costs
Pay now (Pay in full the amount you owe in one payment)
• $0 setup fee
• No future penalties or interest added
Pay amount owed in full today by automatic payment from your checking account or by check, money order or debit/credit card.
Fees apply when paying by card.
Short-term payment plan (120 days or less)
• $0 setup fee
• Plus accrued penalties and interest until the balance is paid in full
Pay amount owed by automatic payment(s) from your checking account or by check, money order or debit/credit card.
Fees apply when paying by card.
Long-term payment plan (installment agreement) (paying in more than 120 days through automatic withdrawals)
• $31 setup fee (low income: setup fee waived)
• Plus accrued penalties and interest until the balance is paid in full
Pay amount owed through direct debit (automatic payments from your checking account). Also known as a Direct Debit Installment Agreement (DDIA).
Long-term payment plan (installment agreement) (paying in more than 120 days)
• $149 setup fee (low income: $43 setup fee that may be reimbursed if certain conditions are met)
• Plus accrued penalties and interest until the balance is paid in full
Pay amount owed using a different — non-Direct Debit — electronic method of payment such as Direct Pay or debit/credit card. May also pay by check or money order. Visit the
Payments page to view all payment options.
Fees apply when paying by card.
Reviewing a payment plan
You can view details of your current payment plan (type of agreement, due dates, and amount you need to pay) by logging into the Online Payment Agreement tool using the Apply/Revise button below.
What you can change using the Online Payment Agreement tool
If your existing payment plan is not paid through a direct debit, you can use the Online Payment Agreement tool to make the following changes:
• Change your monthly payment amount
• Change your monthly payment due date
• Convert an existing agreement to a direct debit agreement
• Reinstate after default
You can log into the Online Payment Agreement tool using the Apply/Revise button below.
If your payment plan is paid through direct debit, you must contact us to make a change.
How to revise an online payment plan
Log in to the Online Payment Agreement tool using the Apply/Revise button below. On the first page, you can revise your current plan type, payment date, and amount. Then submit your changes.
If your new monthly payment amount does not meet the required payment amount, you will be prompted to revise the payment amount. If you are unable to make the minimum required payment amount, you will receive directions for completing a Form 433-F Collection Information Statement (PDF) and how to submit it.
If your plan has lapsed through default and is being reinstated, you may incur a reinstatement fee.
Business Payment Plan
Do you qualify?
Your specific tax situation will determine which payment plan options are available to you. Payment options include full payment or a long-term payment plan (installment agreement) (paying in more than a 120 days).
You may qualify to apply online, if:
• Long-term payment plan (installment agreement): You have filed all required returns and owe less than $25,000 in combined tax, penalties, and interest.
If you are a sole proprietor or independent contractor, apply for a payment plan as an individual.
Note: Setup fees may be higher if you apply for a payment plan by phone, mail, or in-person. Get more information on other payment plan options and fees.
What does my business need to apply?
• Your Employer Identification Number (EIN)
• Date the business was established (MM/YYYY)
• Address from most recently filed tax return
• Your Caller ID from notice
Plan Option & Costs
Pay now
• $0 setup fee
• No future penalties or interest added
Paid with automatic payments from your checking account or check, money order or debit/credit card.
Fees apply when paying by card.
Long-term payment plan (installment agreement) (paying in more than 120 days through automatic withdrawals)
• $31 setup fee
• Plus accrued penalties and interest until the balance is paid in full
Paid through direct debit (with automatic payments from your checking account).
Long-term payment plan (installment agreement) (paying in more than 120 days)
• $149 setup fee
• Plus accrued penalties and interest until the balance is paid in full
Not paid through direct debit. Can be paid by any other electronic method such as direct pay or debit/credit card. May also be paid by check or money order.
Fees apply when paying by card.
How do I review or revise an existing plan?
Reviewing a payment plan
You can view details of your current payment plan (type of agreement, due dates, and amount you need to pay) by logging into the Online Payment Agreement tool using the Apply/Revise button below.
What you can change using the Online Payment Agreement tool
If your existing payment plan is not paid through a direct debit, you can use the Online Payment Agreement tool to make the following changes:
• Change your monthly payment amount
• Change your monthly payment due date
• Convert an existing agreement to a direct debit agreement
• Reinstate after default
You can log into the Online Payment Agreement tool using the Apply/Revise button below.
If your payment plan is paid through direct debit, you must contact us to make a change.
How to revise an online payment plan
Log in to the Online Payment Agreement tool using the Apply/Revise button below.
On the first page, you can revise your current plan type, payment date, and amount. Then submit your changes.
If your new monthly payment amount does not meet the required payment amount, you will be prompted to revise the payment amount. If you are unable to make the minimum required payment amount, you will receive directions for completing a Form 433-F Collection Information Statement (PDF) and how to submit it.
If your plan has lapsed through default and is being reinstated, you may incur a reinstatement fee.
