by Fresh Start Tax | Dec 1, 2014 | Tax Help
We are comprised of IRS tax attorneys, IRS tax lawyers, certified public accountants and former IRS agents. We are the affordable professional tax firm.
We have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
There is no IRS problem we cannot solve.
We specialize in all IRS and state tax matters. If you have received an IRS tax levy you are not alone.
IRS sends levies and garnishments to approximately 1.8 million taxpayers each and every year.
If you received an IRS tax audit notice for an examination, call us today and we can have a former IRS audit manager represent your best interest and provide your best possible tax defense during the IRS audit.
If you are looking to settle your tax debt with the Internal Revenue Service you can speak directly to former IRS agent revenue officer who both worked and taught the offer in compromise program.
If you are going through an IRS tax hardship call us today we will walk you through the process of the possibility of getting your place case in currently not collectible file.
You can call us today and speak directly to an IRS tax attorney or IRS tax lawyer if you have matters that demand confidentiality.
Call us today for a free initial tax consultation and find out where why we are A+ rated by the Better Business Bureau.
We are the fast, friendly and affordable professional tax firm.
IRS Tax Attorney, Lawyer + IRS Tax Levy, IRS Audit, Settlements, Hardships, Affordable = Lexington-Fayette, Meads, Ironville, Louisville, Lexington – Kentucky
by Fresh Start Tax | Dec 1, 2014 | Tax Help
If you owe back taxes with the Internal Revenue Service and need affordable tax representation call former IRS agents and managers who know the system.
We have been in private practice since 1982 in are A+ rated by the Better Business Bureau.
If you have filed a tax return or received an IRS tax notice or bill asking you to make contact with the Internal Revenue Service call us today and you’ll never have to speak with the Internal Revenue Service.
We will take a current financial statement and make a determination on the very best course of action to take.
As a general rule, after IRS secures a current financial statement they will either put you into a currently not collectible file, ask you to make monthly payments or let you know you could be a tax settlement candidate for an offer in compromise.
If you need to file back tax returns you can have our former IRS agents prepare your back tax returns and make sure you pay the lowest amount allowed by law.
Call us today for free initial tax consultation and find out why we are A+ rated by the Better Business Bureau.
Our experience and Better Business Bureau rating speaks for itself.
We welcome your call.
We’re the fast, friendly and affordable tax firm.
Owe Back IRS Taxes – Make Payments, Settlements, Filing Back Tax Returns, AFFORDABLE Former IRS – Lexington-Fayette, Meads, Ironville, Louisville, Lexington
by Fresh Start Tax | Dec 1, 2014 | Tax Help
Within 24 hours of receiving your current financial statement we can get an affordable release of an IRS tax levy, Bank Levy wage garnishment lobby.
We are a full service tax firm that specializes in IRS tax levy relief. Since 1982.
We have over 60 years working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
We also taught tax laws formerIRS tax instructors.
We cannot only get your IRS tax levy, bank levy or wage garnishment levy released we can also work on a tax settlement at the same time.
Tax settlements with the Internal Revenue Service come in a variety of ways but as a general rule, IRS will release your levy in place you into a currently not collectible status, ask you for a monthly payment or you may submit an offer in compromise if you are a qualified candidate.
Call us today for a free initial tax consultation and speak directly to former IRS agents who know the system and have been in private practice since 1982.
We are a full service tax firm that can also prepare back, old or non-file tax returns.
We are A+ rated by the Better Business Bureau.
When you call our agent you’ll speak directly to a true tax professional.
by Fresh Start Tax | Nov 23, 2014 | Tax Help
We are affordable tax experts who have been practicing since 1982 and are A+ rated by the BBB.
We have over 60 years working for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
We are true tax experts for IRS tax problems, tax matters, and tax situations.
You can call us today for a free initial tax consultation and speak to a tax firm that has over 206 years of professional tax experience and over 60 years of direct work experience with the IRS.
Our former IRS agents have been in private practice since 1982 and we our A+ rated by the Better Business Bureau.
If you will owe back tax to the Internal Revenue Service, as a general rule, the IRS will require a current in verifiable financial statement.
Along with that verifiable financial statement, you will have to include copies of your pay stubs, bank statements and a copy of all monthly expenses.
The Internal Revenue Service will analyze your statements against that with the national & regional norms. As a result of that, the Internal Revenue Service will usually place cases into an economic tax hardship or ask the taxpayers to make monthly payments.
If you need to file back tax returns we can do so.
If you have fewer little records, we can prepare your tax returns under reconstructive methods learned that the Internal Revenue Service.
We are tax experts on filing back tax returns without records.
If you are undergoing an IRS tax audit you can have a former IRS audit manager provide your best tax defense to make sure you are paying the lowest amount by law.
If cases need to go to IRS tax appeals, we have tax appeal experts and we can also go to IRS tax court if and when necessary.
If you wish to settle back IRS debt, tax we will walk you through the pre-qualifier tool to make sure you are an eligible candidate to settle back tax debt for pennies on the dollar.
Call us today for a free initial tax consultation.
Since 1982, A plus rated BBB.
IRS Taxes – Owe Back, Settle Tax Debt, File Back Returns, IRS Tax Audit – IRS Experts = Lawerence, Haverhill, Taunton, Lowell
by Fresh Start Tax | Nov 20, 2014 | Tax Help
As former IRS agents and managers we understand the process of how to remove IRS tax penalties if in fact you qualify for penalty relief.
Contact us today for free initial tax consultation and we’ll see if we you qualify for penalty relief.
We take no cases unless we have a relitive certainty that your penalties and interest can be abated.
Many of our cases are worked on a results accomplished only.
Penalties and Abatement
In fiscal 2012, the IRS assessed 37.9 million penalties against taxpayers totaling $26.8 billion.
Individual, business, and payroll penalties for failure to file, failure to pay, and failure to deposit (the types potentially eligible for FTA) were 74% of all penalties assessed in 2012.
The IRS assesses most of these penalties automatically, regardless of the taxpayer’s situation.
IRS Tax Methods for Requesting Penalty Relief for Abatement
Taxpayers can request relief from failure-to-file, failure-to-pay, and failure-to-deposit penalties in three ways, depending on their situation.
Facts you should know:
- Before the IRS assesses a penalty, the taxpayer can file a penalty nonassertion request with a paper return to request that the IRS not automatically assess a penalty. Most taxpayers are unaware of this option.
- After the IRS has assessed a penalty, the taxpayer can request penalty abatement, typically by writing a penalty abatement letter or by calling the IRS. .
- After the taxpayer has paid the penalty, the taxpayer can request a refund using Form 843, Claim for Refund and Request for Abatement. The taxpayer must file the claim within three years of the return due date or filing date, or within two years of the date the penalty was paid.
General Reasons to Request IRS Penalty Abatement
Relief from penalties falls into four separate categories:
1. reasonable cause,
2. statutory exceptions,
3. administrative waivers, and
4. correction of IRS error.
Under the category of administrative waivers, the IRS may formally interpret or clarify a provision to provide administrative relief from a penalty it would otherwise assess.
The IRS may address an administrative waiver in either a policy statement, news release, or other formal communication stating that the policy of the IRS is to provide relief from a penalty under specific conditions.
The most widely available administrative waiver is FTA.
First-Time Abatement Waiver
In 2001, the IRS established FTA to help administer the abatement of penalties consistently and fairly, reward past compliance, and promote future compliance.
This administrative penalty waiver allows a first-time noncompliant taxpayer to request abatement of certain penalties for a single tax period—one tax year for individual and business income taxes and one quarter for payroll taxes.
According to TIGTA, for tax year 2010, the average individual failure-to-file abatement qualifying under FTA was $240, and the average failure-to-pay abatement was $84.
However, more than 90% of individuals who qualified for an FTA did not receive the waiver for 2010.
This is likely because taxpayers did not know they could request it.
The IRS does not publicize FTA as a relief option on its penalty-related notices or on its website.
The remainder of this article discusses how to determine whether a client qualifies for FTA and how to request it from the IRS.
Penalties Eligible for an FTA
FTA applies only to certain penalties and certain returns filed.
First, determine whether FTA applies to the client’s situation:
- Individual taxpayers can request an FTA for failure-to-file and failure-to-pay penalties. Estate and gift tax returns do not qualify for FTA waivers.9
- Business and payroll taxpayers can request an FTA for failure-to-file, failure-to-pay, and/or failure-to-deposit penalties. The IRS is not explicit in its Internal Revenue Manual (IRM), but in practice, the IRS has granted FTAs for S corporation and partnership late-filing penalties.10
- For individual and business taxpayers, the estimated tax and accuracy-related penalties cannot be waived under FTA.
VERY IMPORTANT NOTE – Clean Compliance Criteria
If FTA applies to the client’s situation, the practitioner must determine whether the client qualifies to receive it, which entails most of the complexity involved in requesting an FTA. To qualify, the client must demonstrate filing and payment compliance and a three-year clean penalty history.
To meet the rule for filing compliance, the client must have filed, or filed a valid extension for, all currently required returns and must not have an outstanding request from the IRS for an unfiled return.
To meet the payment compliance rule, the taxpayer must also have paid, or arranged to pay, any tax due.
The client can have an open installment agreement, as long as installment payments are current.
According to the IRM, the IRS should give a taxpayer not currently in compliance with these payment requirements an opportunity to comply and thereby qualify for an FTA before the IRS considers whether the penalty can be abated for reasonable cause.
To meet the rule for clean penalty history, the client cannot have had penalties of a “significant” amount assessed in the prior three years on the same tax return for which the client is requesting abatement.
IRS procedures do not publicly define a “significant” amount. In practice, the IRS has considered any penalty amount as significant in its application of the FTA qualification.
If the IRS rejects the client’s request because of a small penalty assessment, remind the IRS of the “significant” qualification in the IRM.
The client will not be disqualified from receiving an FTA based on lack of a clean penalty history if the client:
- Had a penalty assessed more than three tax years prior to the tax return in question.
- Had an estimated tax penalty assessed in the past three years.
- Received reasonable-cause relief from penalties at any point in the past.
- Received an FTA more than three tax years prior to the tax return in question.
- Has penalties on subsequent tax years.
How to Remove IRS Penalties, Former IRS Agent, Fresh Start Tax LLC
