by Fresh Start Tax | Apr 16, 2018 | Tax Help
We are the Affordable professional tax firm that can stop the IRS and settle your case at the same time, Since 1982. 1-866-700-1040
Being former IRS agents and managers gives us a unique advantage to go ahead and stop any IRS attempt to take any enforcement action.
We have over 65 years of working in the local, district, and regional tax offices of the Internal Revenue Service.
We know every program, every methodology, and all the IRS systems to resolve your case for Affordable pricing and achieve successful results.
You will never speak to the Internal Revenue Service.
YOU MUST ACT ON A CERTIFIED LETTER OR NOTICE.
When you receive an IRS certified letter or notice IRS will definitively follow-up and do exactly what they say on the letter with in the period of time they say they will do it. all this is done systemically and not a human hand touches the follow-up action.
IRS Contacts Taxpayers by Letter or Notification 4 DIFferent Ways:
1. By certified mail
2. By notice of federal tax levy or be filing of federal tax lien
3. By regular mail
4. By telephone or by personal visit.
So What Is Your Next Step?
First of all, do not panic. The IRS is just trying to resolve an open issue.
Most IRS letters, notices or bills come with a time frame of ten to thirty days to respond to the notification.
You should respond within the time period specified or the IRS will follow-up and eventually use enforcement action.
If you do not respond to the IRS’s collections attempts to reach you, they will hit you with a Federal Tax Lien, a Wage Levy on your paycheck or a Tax Lien on your bank account.
Contact Fresh Start Tax and our professionals will handle the IRS for you and resolve your problem.
IRS only sends out tax levies after a series of 5 letters are sent to the taxpayer. These are sent about 5 weeks apart.
1. CP 14 – This is the notice of balance due,
2.CP 501 – This is a Bill that you still owe tax,
3. CP503 – Important, Immediate Action Required
4. CP 504 Urgent Notice – We Intend to Levy on Certain Assets, Please Respond Now
5. CP90/CP297/ IRS Letter 1058 – Final Notice of Intent to Levy of Your Right to a Hearing
6.CP 91 CP298 -Final Notice Before Levy on your Social Security Benefits
Contact By Certified Mail
When IRS contacts you by certified mail it is time to be serious about the next step. The IRS has tried to contact you before to resolve the issue and has been unsuccessful.
Certified letters from the IRS usually means they are ready to take enforcement action.
Unless you reach them within the prescribed period of time the IRS will probably levy your wages or bank account and file a Federal Tax Lien.
It is time to call your Fresh Start Tax professional. In most cases, within a thirty-day period of time, the IRS will send a wage levy to your employer, and or a bank levy to your bank accounts.
Whether you sign for the IRS certified mail or not, the 30 day period starts on the date of the IRS letter.
Before you make any contact with the IRS you want to know your rights so you don’t make the situation worse that it already is. This requires a plan of action. Contact Fresh Start Tax as soon as possible and we will contact the IRS immediately to stop any collection activity.
The CADE2 computer is the collectibility of IRS Letters and Notices
The Internal Revenue Service is spending millions and millions of dollars on their CADE2 computer. This is the computer giant that belongs to Internal Revenue Service and all its systems are held within this massive computer.
All IRS notices, letters and bills that go to taxpayers are generated from the system.
All the information that this computer generates is handled systemically and not a human hand will ever touch a piece of paper you receive.
To stop the issue’s of IRS notices and IRS letters you must contact an Internal Revenue Agent who can directly make changes to the CADE2 computer.
Usually you will find this on a 1-800 number on your letter, notice or bill.
If you do not contact the Internal Revenue Service at some point in time enforcement action will begin.
It is critical you contact the Internal Revenue Service at the number shown on Letter or Notice to stop or correct the problem or situation.
The worst thing you can do is not respond to the IRS notice her letter because I can assure you will not be happy with the consequences.
I can tell you as a former IRS agent e letters are notices will not go away.
Just Received Certified Mail from the IRS
Contact By Notice of Federal Tax Levy or a Federal Tax Lien
Many people are unaware that IRS has sent notices and has been trying to contact them over a period of time.
The first time they become aware of this process is when a Federal Tax Levy or a Federal Tax Lien has hit their bank account or their employer has received a wage levy notification.
When you are at this step in the process it is time to retain a professional to resolve your case.
You should not contact the IRS by yourself because the IRS will use any information to try to collect money. The agent on the other line will always try to obtain from you your bank accounts or were you work so they can send levies to those parties.
Contact By Regular Mail
When the IRS contacts you by regular mail they are usually trying to advise you of an issue and would like to have it resolved.
It is best to respond to the IRS, advising them whether or not you agree with what they say in the letter. If you agree and can pay the back taxes with the interest and penalties assessed that you should do so as soon as possible.
If you agree and cannot pay the back taxes with interest and penalties call Fresh Start Tax and we can negotiate with the IRS on you behalf to resolve this matter.
If you disagree, be prepared to send the IRS the proper documentation to support your case. Fresh Start Tax can also help you settle a dispute with the IRS if you believe you are correct.
Contact By Telephone
Contact by telephone sounds scary but e can be the easiest issues to resolve. Unless this is a complicated issue you can usually take care of this process by yourself.
However, if you owe back taxes, be careful when speaking with the IRS. Remember, the IRS is the most powerful collection agency in the world.
If the call relates to back taxes owed from income or payroll taxes, contact your Fresh Start Tax professional to handle this type of problem.
Received Certified IRS Mail + IRS to Levy, Lien, Garnish Wages + Former IRS + Los Angeles, Orange County, Los Angeles County
by Fresh Start Tax | Apr 16, 2018 | Tax Help
We are Affordable tax firm that can resolve any IRS tax problem. We are Experts on giving you every possible tax option to resolve your back IRS tax debt permanently. Call now, 1-866-700-1040
You can have back tax help by former IRS agents were teaching instructors with the Internal Revenue Service.
We know every possible tax solution to resolve your tax debt now.
As former IRS agents supervisors and teaching instructors we had great value to any taxpayer trying to sort out the different examinations they have with IRS if you owe back taxes have back tax debt, or have to file back tax returns.
IRS Back Taxes Debt + Tax Examinations Options from the Tax Experts
The first option always is to see if you can settle your tax debt through pennies on the dollar through the offer in compromise program.
Our firm has a distinct advantage over other forms as I am a former IRS teaching agent of the offer in compromise program when employed at Internal Revenue Service.
We will review with you the very specifics of your tax issue or back tax problem and after a careful review of your exit strategy and your financial statement, we can come up with the best strategy to reduce your tax debt, manage the IRS and handle all the representation for Affordable fees and prices.
We are a full-service firm with all work being done in-house.
When IRS takes a current financial statement to make a determination on how they will treat you as a taxpayer there are basically three examinations available for you to take care of your back tax matter:
1. Internal Revenue Service puts 40% of all open cases into currently not collectible status which stay there for approximately a year, or,
2.6.5 million people enter into installment payments based on their current financial statements as IRS carefully looks at your income and necessary living expenses.
3. The last option and the best option is to settle your debt to pennies on the dollar through the offer in compromise program. last year 38,000 offers in compromise were accepted for an average settlement of $4000 per case. Please keep in mind this is completely dependent on the current financial statement that IRS reviewed and accepted.
IRS Payment plan examinations for Back Taxes Debt
There are many instructors that determine payment plan examinations.
The Internal Revenue Service when exploring a payment plan option with the taxpayer will look at the amount due, making sure all tax returns are current and up-to-date and will look on the amount of money the taxpayer wants to pay back depending on statutory periods of time.
When you call our office we will review with you the three different examinations you have available to make a payment plan and get the one you want not, the one forced on you by Internal Revenue Service.
As a former IRS agent, I can tell you that Internal Revenue Service tries to enforce their will and extracting money from taxpayers trying to collect money they do not have.
Knowing all the procedures and the examinations you have available and the rights you have, we can make sure you are treated fairly and that you have the best possible payment agreement you can get based on your current financial statement and living expenses.
When you use our firm, you do not have to fear being bullied by the Internal Revenue Service, we know their systems inside and out.
It is necessary for you to know that all your tax returns will need to be filed for IRS to close out your case. IRS expects each taxpayer who owes back tax debt to be in full compliance before they will resolve their tax issue.
If you have returns are not filed we can prepare those with little or no records.
Call us today for a free initial tax consultation assessment and let’s find out how we can get your case closed for Affordable pricing.
Since 1982, A plus rated BBB. We are the fast, friendly, and Affordable professional tax firm.
Hear the truth from true Affordable tax Experts.
How to Pay Back IRS Tax Debt + DIFferent Options + Payments, Settlement + Los Angeles County, Orange County
by Fresh Start Tax | Apr 16, 2018 | Tax Help
We are Affordable professional tax firm that can get relief on a IRS tax levy, garnishment immediately. Since 1982 A+ rated by the BBB. CALL NOW 1-866-700-1040
We are your best course of action for IRS tax levy, garnishment, payroll help and tax defense.
We are composed of CPA’s and former IRS agents who have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional South Florida tax offices of the Internal Revenue Service.
There is a very specific system used to get an IRS tax levy released, whether it be a bank levy or wage garnishment levy.
Being former IRS agents we know the system to get the levy and or garnishment released and settle your case.
Not only were we former IRS agents and teaching instructors we also taught new IRS agents or jobs.
When you have received an IRS tax levy it only makes sense to have former IRS agents provide you tax levy defense and case settlement s all at the same time.
We understand all the systems, formulas, and all the protocols to get an immediate relief of a IRS tax levy.
Knowing the system makes this a streamlined process and is able to get faster and quicker tax relief.
We can stop your IRS tax levy right now and settle your case at the same time.
Within 24 hours of receiving your current documented financial statement we can get an IRS bank levy or wage garnishment levy released and settle your case all at the same time.
IRS will close and settle your case generally one of three ways.
The Internal Revenue Service needs to have a determining factor in issue to release your Levy and case. IRS requires their version of the financial statement. that financial statement generally is on form 433F.
After a review of your current financial statement (433f ) IRS will issue you either into :
1.currently not collectible status,
2. ask you for a monthly payment agreement or
3. you could submit an offer in compromise if you are a qualified and suitable candidate.
Some quick tax facts at this point.
IRS issue 40% of their current back tax debt cases of the hardship and 6.5 million going to monthly payment agreements.
We will review with you your examinations to find out which is the best fit based on your current financial condition. Remember, your documented financial statement holds the key.
Call us today for a free initial tax consultation.
First of All, what is a IRS Tax Levy?
A levy is a legal seizure of your property to satisfy a tax debt.
Levy are different from liens.
A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt.
Where does Internal Revenue Service (IRS) authority to levy originate?
The Internal Revenue Code (IRC) authorizes levies to collect delinquent tax. See IRC 6331. Any property or right to property that belongs to the taxpayer or on which there is a Federal tax lien can be levied, unless the IRC exempts the property from levy.
What activities must the Internal Revenue Service take before a IRS tax levy can be issued?
The IRS will usually levy only after e three requirements are met:
1• The IRS assessed the tax and sent you a Notice and Demand for Payment (a tax bill);
2• You neglected or refused to pay the tax; and
3• The IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS may give you this notice in person, leave it at your home or your usual issue of business, or send it to your last known address by certified or registered mail, return receipt requested.
Please note: if the IRS levies your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
When will the IRS issue IRS tax levy garnishments?
If you do not pay your taxes (or make arrangements to settle your debt), and the IRS determines that a levy is the next appropriate action, the IRS may levy any property or right to property you own or have an interest in.
For instance, the IRS could levy property that is yours, but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).
Call us today and hear the truth about your case.
Stop your IRS tax levy within 48 hours and settle your case at the same time.
A word of the wise, when you call their tax relief companies many times you are speaking to a salesperson and not the person who will be working your case.
Make sure you are speaking to a true IRS tax expert and not a salesperson.
IRS Tax Garnishment help + Wages, Payroll, Bank + Affordable, Former IRS = Los Angeles
by Fresh Start Tax | Apr 16, 2018 | Tax Help
Negotiate, settle IRS Tax Debt + IRS Offer in Compromise + Los Angeles County, since 1982
I am a former IRS agent and teaching instructors with the Internal Revenue Service. I KNOW THE SYSTEM.
As a former employee of the IRS I taught the offer in compromise program.
As a former instructors I am familiar with every detail of the program and will let you know if you can qualify to negotiate your debt.
I know every possible detail and how to negotiate an offer in compromise and make sure you qualify for the lowest possible amount to negotiate your tax debt.
FST has over 205 years of direct tax experience, 95 years of working for the IRS in the local, district and regional offices.
Being former IRS agent managers and supervisors in the Audit division gives us a unique advantage & can change the result of an IRS tax Audit.
We worked as Agents, Instructors and in Management.
We know the settlement techniques and formulas to save your money.
Be worry free, call us today.
It only makes sense to have Former IRS Agents and IRS Tax Audit Managers handle your IRS tax Audit and give you the most experienced and successful IRS Tax Audit help.
IRS Audits less that 1% of all taxpayers nationwide.
An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles a taxpayer’s tax liabilities for less that the full amount owed.
Taxpayers who can fully pay the liabilities through an installment agreement or other means, generally won’t qualify for a OIC in most cases.
estimated tax payments for the current year, and made all required federal tax deposits for the current quarter if the taxpayer is a business owner with employees.
In most cases, the IRS won’t accept a OIC unless the amount offered by a taxpayer is equal to or greater that the reasonable collection potential (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.
Reasons for the Offer in compromise
The IRS may accept an OIC based on three grounds:
• First, the IRS can accept a compromise if there’s doubt as to liability. A compromise meets this only when there’s a genuine dispute as to the existence or amount of the correct tax debt under the law.
• Second, the IRS can accept a compromise if there’s doubt that the amount owed is fully collectible. Doubt as to collectivity exists in any case where the taxpayer’s assets and income are less that the full amount of the tax liability.
• Third, the IRS can accept a compromise based on effective tax administration. An offer may be accepted based on effective tax administration when there’s 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.
Forms to Use
When submitting a OIC based on doubt as to collectivity or effective tax administration, taxpayers must use the most current version of Form 656, Offer in Compromise, and also submit Form 433-A (OIC), Collection Information Statement for Wage Earners and Self-Employed individuals, and/or Form 433-B (OIC), Collection Information Statement for Businesses.
A taxpayer submitting a OIC based on doubt as to liability must file a Form 656-L.pdf, Offer in Compromise (Doubt as to Liability), instead of Form 656 and Form 433-A (OIC) and/or Form 433-B (OIC). Form 656 and referenced collection information statements are available in the Offer in Compromise Booklet, Form 656-B.pdf.
Application Fee
In general, a taxpayer must submit an application fee for the amount stated on Form 656. Don’t combine this fee with any other tax payments.
However, there are two exceptions to this requirement:
• First, no application fee is required if the OIC is based on doubt as to liability.
• Second, the fee isn’t required if the taxpayer is an individual (not a corporation, partnership, or other entity) who qualifies for the low-income exception.
This exception applies if the taxpayer’s total monthly income falls at or below 250 percent of the poverty guidelines published by the department of Health and Human Services. Section 1 of Form 656 contains the Low Income Certification guidelines to assist taxpayers in determining whether they qualify for the low-income exception.
A taxpayer who claims the low-income exception must complete section 1 of Form 656 and check the certification box.
Payment Options to negotiate an Offer in Compromise
Lump Sum Cash Offer
Taxpayers may choose to pay the offer amount in a lump sum or in installment payments.
A “lump sum cash offer” is defined as an offer payable in 5 or fewer installments within 5 or fewer months after the offer is accepted. If a taxpayer submits a lump sum cash offer, the taxpayer must include with the Form 656 a nonrefundable payment equal to 20 percent of the offer amount.
This payment is required in addition to the application fee. The 20 percent payment is generally nonrefundable, meaning it won’t be returned to the taxpayer even if the offer is rejected or returned to the taxpayer without acceptance.
Instead, the 20 percent payment will be applied to the taxpayer’s tax liability. The taxpayer has a right to specify the particular tax liability to which the IRS will apply the 20 percent payment.
Periodic Payment Offer
An offer is called a “periodic payment offer” under the tax law if it’s payable in 6 or more monthly installments and within 24 months after the offer is accepted.
When submitting a periodic payment offer, the taxpayer must include the first proposed installment payment along with the Form 656. This payment is required in addition to the application fee.
This amount is generally nonrefundable, just like the 20 percent payment required for a lump sum cash offer.
Also, while the IRS is evaluating a periodic payment offer, the taxpayer must continue to make the installment payments provided for under the terms of the offer. These amounts are also nonrefundable.
These amounts are applied to the tax liabilities and the taxpayer has a right to specify the particular tax liabilities to which the periodic payments will be applied.
Upon acceptance of a OIC, the taxpayer may no longer designate offer payments to any tax liability specifically covered in the offer agreement.
Ordinarily, the statutory time within which the IRS may engage in collection activities is suspended during the period that the OIC is under consideration, and is further suspended if the OIC is rejected by the IRS and where the taxpayer appeals the rejection to the IRS Office of Appeals within 30 days from the date of the notice of rejection.
Offer Terms
If the IRS accepts the taxpayer’s offer, the IRS expects that the taxpayer will have no further delinquencies and will fully comply with the tax laws. If the taxpayer doesn’t abide by all the terms and conditions of the OIC, the IRS may determine that the OIC is in default.
For doubt as to collectivity and effective tax administration OICs, the terms and conditions include a requirement that the taxpayer timely file all tax returns and timely pay all taxes for 5 years from the date of acceptance of the OIC.
When a OIC is declared to be in default, the agreement is no longer in effect and the IRS may then collect the amounts originally owed (less payments made), plus interest and penalties.
Additionally, any refunds due within the calendar year in which the offer is accepted will be applied to the tax debt.
Right to Appeal
If the IRS rejects a OIC, the taxpayer will be notified by mail. The letter will explain the reason that the IRS rejected the offer and will provide detailed instructors on how the taxpayer may appeal the decision to the IRS Office of Appeals. The appeal must be made within 30 days from the date of the letter.
Return of an Offer
In some cases, an OIC is returned to the taxpayer rather that rejected, because the taxpayer didn’t submit necessary information, filed for bankruptcy, failed to include a required application fee or nonrefundable payment with the offer, hasn’t filed required tax returns, or hasn’t paid current tax liabilities at the time the IRS is considering the offer.
A returned offer is different from a rejection because there’s no right to appeal when the IRS returns the offer. However, once current, the offer may be submitted again.
*Note: OIC application received on or after March 27, 2017, are now returned without consideration if taxpayers haven’t filed all required tax returns.
The application fee is returned and any required initial payment submitted with the OIC is applied to outstand ing tax debt. This policy doesn’t apply to current year tax returns if there is a valid extension on file.
Negotiate, settle IRS Tax Debt + IRS Offer in Compromise + Former Settlement Agent + Los Angeles
by Fresh Start Tax | Apr 16, 2018 | Tax Help
In some years, Emancipation Day may be the reason to extend the deadline for filing an income tax return (Tax Day). In 2007, the observance Emancipation Day in Washington DC had the effect of nationally extending the 2006 income tax filing deadline from April 16 to April 17.
Emancipation Day
Background
Formal slavery was legal until 1865 in most of the area that is now the United States. Many slaves were of African origin and many slave owners were of European descent, although some other groups also had slaves. By 1860, there were about four million slaves in the United States.
On April 16, 1862, Abraham Lincoln, who was the US president at the time, signed the Compensated Emancipation Act, which freed more that 3000 slaves in the District of Columbia. However, slavery did not officially end in the rest of the United States until after the American Civil War, which lasted from 1861 until 1865.
The Thirteenth Amendment to the United States Constitution formally ended slavery in the US. It was proposed on January 31, 1865, and ratified by 30 of the then 36 states in the same year. However, it was only ratified in Mississippi in 1995. Slavery and the racial divisions, upon which it was based, have had and continue to have huge Implications for individuals and American society as a whole.
Emancipation Day in Washington DC marks the anniversary of the signing of the Compensated Emancipation Act.
On January 4, 2005, legislation was signed to make Emancipation Day an official public holiday in the District of Columbia. Elsewhere in the United States, the emancipation of slaves is celebrated in Florida (May 20), Puerto Rico (March 22) and Texas (June 19). There are also similar events in many countries in the Caribbean, including Anguilla, Bahamas, Bermuda, Barbados, Guyana, Jamaica, Trinidad and Tobago and the Turks and Caicos Islands. Many of e events occur during the first week of August as slavery was abolished in the British Empire on August 1, 1834.