by Fresh Start Tax | Jul 16, 2014 | Tax Help
We are the affordable IRS tax experts practicing since 1982, A+ rated by the Better Business Bureau.
If the IRS has levied your bank account or your wages contact us today and we can get immediate release of your federal tax levy.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service.
There’s a very specific process required to get an IRS wage garnishment or IRS bank levy released.
The Internal Revenue Service will require a verifiable financial statement that is completely documented before they were release a wage garnishment or bank tax levy.
The IRS form of choice is the IRS form 433-F.
Beside this verified financial statement the IRS will request three months worth of bank statements, copy of all monthly expenses, and a copy of your last pay stub.
The Internal Revenue Service will compare your financial statement against those of the national and local norms.
As a result of those comparisons taxpayers generally find themselves either placed into a hardship category or making monthly payments.
If you contact us today we can walk you through the program and find out if you are actually eligible for a tax settlement called an offer in compromise.
Contact us today for a free initial tax consultation we can walk you through the various solutions that best fit your current lifestyle and financial situation.
The Internal Revenue Service will do a full compliance check which means they will want all tax returns filed that up-to-date.
Fast, Affordable IRS Tax Help – Wage Garnishment, Bank Levy, Settle, Payments – Auburn, Phenix City, Montgomery, Selma,
by Fresh Start Tax | Jul 16, 2014 | Tax Help
As a former IRS agent I can tell you several thousand taxpayers every year have to apply for an IRS audit reconsideration for various reasons.
Many taxpayers never got their original IRS audit papers and need to immediately open the case so IRS does not pursue collection action. other taxpayer simply did not have all the information they needed for the original tax audit.
No matter what your case may be, can contact us today for a free initial tax consultation and we can walk you through the IRS audit reconsideration process.
You can get help from former IRS agents and managers who have a combined 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
The IRS Audit Reconsideration
IRS Audit reconsideration is an IRS administrative procedure that allows a taxpayer to dispute the results of an assessment made because of an audit of taxpayer’s return or of a substitute return filed by the IRS on behalf of the non-filing taxpayer(s).
IRS has the right to assess tax under 6020 B of the Internal Revenue Code. as a former IRS agent I prepared tax returns of nonfiling taxpayers under this code section. there’s a very specific process to reverse this process is called the audit reconsideration.
The IRS has the authority to abate part or all of any tax assessment if and only if:
- The tax assessment is in excess of the correct tax liability,
- The tax assessment is made subsequent to the expiration of the applicable period of limitations,
- The assessment was erroneously or illegally made,
- Finds that any error was made.
The IRS will not accept an audit reconsideration if:
- The taxpayer has already signed an agreement agreeing to pay the amount owing.
- Offer in Compromise,(OIC)
- Form 870AD with the Appeals Office,
- The U.S. Tax Court or another court has issued a final determination on the tax liability.
Requirements for Submitting an IRS Audit Reconsideration:
- The tax return for the tax year in question must be filed,
- A copy of the audit report, IRSForm 4549, Income Tax Examination Changes, must be submitted, if available,
- The changes to be reconsidered must be set forth,
- A detailed memorandum setting forth the relevant facts and applicable law must be included.
IRS does not have to expect the Reconsideration ( most times they do )
Very important fact- An audit reconsideration is not a matter of right but rather completely at the IRS’s discretion.
The request should include the taxpayer’s position and arguments based on the law and should include supporting evidence. It may not be worthwhile to submit an audit reconsideration if there is not sufficient evidence to support the taxpayer’s position.
The IRS will typically delay collection activity when an audit reconsideration has been submitted, although it is not required by law to do so.
The audit reconsideration should only be submitted if other options, such as filing a petition, have expired and are unavailable.
The audit reconsideration package should be prepared and presented in the same manner as an Appeals notebook.
A cover letter is included with the audit reconsideration.
Being a former IRS agent who is having a problem with the tax audit, you should hire a true tax professional to navigate the waters for an IRS audit reconsideration.
If you are going to wind up owing taxes we can go ahead and so your cases well.
IRS Tax Audit Reconsideration ,- Help From Affordable Former IRS Agents,
by Fresh Start Tax | Jul 16, 2014 | Tax Help
Tips on Travel While Giving to Charity
Here are tax tips you should know if you travel while giving your services to charity.
1. You can’t deduct the value of your services that you give to charity.
But you may be able to deduct some out-of-pocket costs you pay to give your services. This can include the cost of travel.
All out-of pocket costs must be:
• unreimbursed,
• directly connected with the services,
• expenses you had only because of the services you gave, and
• not personal, living or family expenses.
2. Your volunteer work must be for a qualified charity.
Most groups other than churches and governments must apply to the IRS to become qualified. Ask the group about its IRS status before you donate. You can also use the Select Check tool on IRS.gov to check the group’s status.
3. Some types of travel do not qualify for a tax deduction.
For example, you can’t deduct your costs if a significant part of the trip involves recreation or a vacation. For more on these rules see Publication 526, Charitable Contributions.
4. You can deduct your travel expenses if your work is real and substantial throughout the trip. You can’t deduct expenses if you only have nominal duties or do not have any duties for significant parts of the trip.
5. Deductible travel expenses may include:
• air, rail and bus transportation,
• car expenses,
• lodging costs,
• the cost of meals, and
• taxi or other transportation costs between the airport or station and your hotel.
Travel While Giving to Charity – Tax Tips Fresh Start Tax LLC
by Fresh Start Tax | Jul 14, 2014 | Tax Help
The Affordable Professional Choice!
We are a IRS tax specialty firm that can resolve any IRS problem.
We have been in private practice since 1982 in our A+ rated by the Better Business Bureau.
We are staffed with tax attorneys, certified Public accounts, enrolled agents, and former IRS agents, managers and tax instructors.
If you owe back taxes with the Internal Revenue Service we will be able to settle your tax debt through the offer in compromise program if you are a qualified candidate.
If you need to file back tax returns we can do so with little or no records and settle your case all at the same time.
Over 16 million taxpayers do not file annual tax returns and over 38% of all tax debt settlements filed with the Internal Revenue Service are accepted for an average of $.14 on a dollar.
Call us today to find out if you are a qualified candidate for the new IRS the new fresh start program.
We will find out if you can be a settlement candidate for an IRS offer in compromise/ tax debt settlement program.
We will walk you through the IRS pre-qualify tool and make recommendations and suggestions for no cost.
When calling, you can speak to a tax attorney, certified public accountant, or former IRS agent.
All calls are secure and confidential.
Call us today for a free initial tax consultation.
We are A+ rated by the Better Business Bureau.
Owe Back IRS Taxes, File Back Tax Returns, Settle Tax – Affordable – San Antonio, New Braumfels, Schertz, Burleson
by Fresh Start Tax | Jul 14, 2014 | Tax Help
The Affordable professional solution.
We are a professional tax firm that deals specifically with IRS and state tax resolution.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982 and we are A+ rated by the Better Business Bureau.
We can resolve your problem.
We are comprised of the tax attorneys, certified public accountant, and enrolled agents and former IRS agents.
Our former IRS agents have a combined 60 years of direct IRS work experience in a local, district, and regional tax offices of the Internal Revenue Service.
While at IRS we taught tax law.
We can provide immediate tax relief if you have received an IRS tax levy, represent you through an IRS tax audit, or need to apply for an IRS tax debt settlement called and offer compromise.
For those of you wishing to make payments with Internal Revenue Service call us today and we will work out a payment that suits your current lifestyle.
New Program – The IRS Fresh Start program
The IRS Fresh Start program makes it easier for taxpayers to pay back taxes and avoid tax liens. Even small business taxpayers may benefit from Fresh Start.
Three important features of the IRS Fresh Start program:
IRS Tax Liens.
The Fresh Start program increased the amount that taxpayers can owe before the IRS generally will file a Notice of Federal Tax Lien. That amount is now $10,000.
However, in some cases, the IRS may still file a lien notice on amounts less than $10,000.
When a taxpayer meets certain requirements and pays off their tax debt, the IRS may now withdraw a filed Notice of Federal Tax Lien.
Taxpayers must request this in writing using Form 12277, Application for Withdrawal.
Some taxpayers may qualify to have their lien notice withdrawn if they are paying their tax debt through a Direct Debit installment agreement.
Taxpayers also need to request this in writing by using Form 12277.
If a taxpayer defaults on the Direct Debit Installment Agreement, the IRS may file a new Notice of Federal Tax Lien and resume collection actions.
IRS Installment Agreements.
The Fresh Start program expanded access to streamlined installment agreements. Now, individual taxpayers who owe up to $50,000 can pay through monthly direct debit payments for up to 72 months (six years).
While the IRS generally will not need a financial statement, they may need some financial information from the taxpayer.
Taxpayers in need of installment agreements for tax debts more than $50,000 or longer than six years still need to provide the IRS with a financial statement.
In these cases, the IRS may ask for one of two forms: either Collection Information Statement, Form 433-A or Form 433-F.
Offers in Compromise.
An Offer in Compromise is an agreement that allows taxpayers to settle their tax debt for less than the full amount. Fresh Start expanded and streamlined the OIC program. The IRS now has more flexibility when analyzing a taxpayer’s ability to pay.
This makes the offer program available to a larger group of taxpayers.
IRS will accept an offer if it represents the most the agency can expect to collect within a reasonable period of time.
The IRS will not accept an offer if it believes that the taxpayer can pay the amount owed in full as a lump sum or through a payment agreement. The IRS looks at several factors, including the taxpayer’s income and assets, to make a decision regarding the taxpayer’s ability to pay.
Call us today for a free tax consult.
IRS Tax – Levy, Audit, Back Debt Tax Settlements, Payments – San Antonio, New Braumfels, Schertz, Burleson
