by Fresh Start Tax | May 4, 2014 | Tax Help
If the IRS is made a stank decision on your case it would be wise on your part to call former IRS agents and managers who are familiar with the IRS appeals division. You can contact us for a free initial tax consultation.
By using former IRS agents and managers you have a complete advantage because persons like us know the systems, the protocols and the formulas to get things done.
Each division within the IRS requires a certain type of an appeal.
Find below the different appeals process that are used in dealing with the Internal Revenue Service.
Dispute Your Findings
If you decide you want to present your dispute to Appeals, you will need to prepare a request for Appeals and mail it to the office that sent you the decision letter.
Collection Appeals Program (CAP)
Collection Appeals Program (CAP) is generally quick and available for a broad range of collection actions.
However, you can’t go to court if you disagree with the Appeals decision.
Collection Due Process (CDP)
Collection Due Process (CDP) is available if you receive one of the following notices:
- Notice of Federal Tax Lien Filing and Your Right to a Hearing Under IRC 6320 (Lien Notice),
- a Final Notice – Notice of Intent to Levy and Notice of Your Right to A Hearing,
- a Notice of Jeopardy Levy and Right of Appeal,
- a Notice of Levy on Your State Tax Refund – Notice of Your Right to a Hearing (Levy Notices), and
- a Notice of Levy and Notice of Your Right to a Hearing. If you disagree with the Appeals decision, you may be able to take your case to court.
Offer in Compromise (OIC)
An Offer in Compromise (OIC) is an agreement between the taxpayer and the government that settles a tax liability for payment of less than the full amount owed.
Trust Fund Recovery Penalty (TFRP)
If you are a person responsible for collecting/withholding, accounting for, and depositing or paying specified taxes including non-resident alien (NRA) withholding, employment or excises taxes, and willfully fail to do so, you can be held personally liable for a penalty equal to the full amount of the tax that was not paid, plus interest.
A responsible person for this purpose can be an owner or officer of a corporation, a partner, a sole proprietor, or an employee of any form of business.
A trustee or agent with authority over the funds of the business can also be held responsible for the penalty.
The assessment of the trust fund recovery penalty is applicable to the following tax forms: CT-1, 720, 941, 943, 944, 945, 1042, and 8288.
Contact us today for free initial tax consultation and we can walk through your individual tax case and find out whether an appeal is the right decision for you to dispute IRS findings.
by Fresh Start Tax | May 2, 2014 | Tax Help
If you need to make a payment plan or payment arrangement to pay back taxes with the Internal Revenue Service you call us today for free initial tax consultation.
We are affordable tax experts that can get you the payment agreement you are looking for to match your current financial situation.
We are a full service tax firm that specializes in IRS and state tax relief.
Our firm has over 60 years of working directly for the Internal Revenue Service in a local, district, and regional tax offices of the Internal Revenue Service.
Monthly payments through an installment agreement with the IRS
You can make monthly payments through an installment agreement if you’re not financially able to pay your tax debt immediately.
However, you will reduce or eliminate the amount of penalties and interest you pay and avoid the fee associated with setting up an installment agreement if you pay your tax bill in full.
You must be aware of the following – Before you apply:
- File all required tax returns is a must;
- Consider other sources (loan or credit card) to pay your tax debt in full to save money;
- Determine the monthly payment you can make; and
- Know that your future refunds will be applied to your tax debt until it is paid in full.
Fees for setting up an installment agreement:
- $52 for a direct debit agreement;
- $120 for a standard agreement or payroll deduction agreement; or
- $43 if your income is below a certain level.
Individuals: apply for an installment agreement
Fresh Start Tax LLC can apply online if you owe $50,000 or less in combined individual income tax, penalties and interest;
If you owe more than $50,000, we will need to complete Form 433-F, Collection Information Statement .
When you call us we can walk you through the process free initial tax consultations.
Small Businesses: apply for an In-Business Trust Fund Express installment agreement
Fresh Start Tax LLC will apply online if you owe $25,000 or less in payroll taxes;
Understand your agreement, avoid default
To keep your account in good standing:
- Pay at least your minimum monthly payment when it’s due (direct debit or payroll deductions make this easy);
- Include your name, address, SSN, daytime phone number, tax year and return type on your payment;
- File all required tax returns on time;
- Pay all taxes you owe in full and on time (contact us to change your existing agreement if you cannot);
- Continue to make all scheduled payments even if we apply your refund to your account balance; and
- Ensure your statement is sent to the correct address, contact us if you move or complete and mail Form 8822, Change of Address (PDF).
- If you don’t receive your statement, send your payment to the address listed in your agreement.
- There may be a reinstatement fee if your agreement goes into default. Penalties and interest continue to accrue until your balance is paid in full. If you are in danger of defaulting on your payment agreement for any reason, contact the IRS immediately.
The IRS will generally not take enforced collection actions:
1. When an installment agreement is being considered;
2. While an agreement is in effect;
3. For 30 days after a request is rejected, or
4. During the period the IRS evaluates an appeal of a rejected or terminated agreement.
by Fresh Start Tax | Apr 30, 2014 | Tax Help
We are affordable experts IRS tax consultants.
We are comprised of former IRS agents and managers who have a combined 60 years of direct IRS experience in the local, district, and regional tax offices of the IRS.
While employed at the IRS we taught the tax law new IRS agents. We know the system!
The fresh start tax office is comprised of tax attorneys, tax lawyers, CPAs, enrolled agents and former IRS agents.
We have a formidable tax team that are built to get fast, quick and affordable results in dealing with any IRS problem.
From a simple IRS notice or letter to going to tax court we can affordably help any taxpayer with any IRS problem they have.
Call us for a no cost consult, you have nothing to lose.
You will understand your tax problems much better after speaking to one of our tax professional or IRS tax experts.
You will enjoy affordable results.
Areas of Professional Tax Representation
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Full Service Accounting Tax Firm,
- 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” Plus
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
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- As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
Areas of Professional Tax Practice:
- Same Day IRS & State Tax Representation
- Offers in Compromise / IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction
- FBAR/FATCA Experts
IRS Tax Consultants,Affordable IRS Experts, Settle Tax Problems , Knoxville, Memphis, Nashville
by Fresh Start Tax | Apr 30, 2014 | Tax Help
AFFORDABLE FORMER IRS AGENTS CAN GET IMMEDIATE RESULTS
Being former IRS agents and managers we know exactly how to stop in IRS bank or wage Levy garnishment.
Within 24 hours of receiving your IRS financial statement we can get you a IRS tax levy release on a bank or wage garnishment levies and settle your case.
We know the system. After a combined 60 years of direct work experience in the local, district, and regional tax offices of the IRS we know the exact protocols necessary to get fast, quick and affordable tax relief for IRS tax Levy.
Believe it or not IRS does not want to Levy.
IRS sends out a bank OR wage garnishment levies only because taxpayers have not responded to a final notice sent by Internal Revenue Service.
As a general rule, the IRS sends anywhere from 3 to 4 letters indicating that they would like to taxpayer to contact them regarding an outstanding balance.
The IRS IRM manual requires IRS to systematically file a bank or wage garnishment levy to enforce the tax laws of the United States.
Not a human hand touches the levy they are send out systematically by IRS’s CADE2 computer.
How to get your tax levy released
If you want to get an immediate release of an IRS bank or wage garnishment levy you will need to provide IRS with the current financial statement.
That financial statement will be on form 433-F.
That financial statement needs to be fully documented including bank statements, pay stubs, and the last three months worth of expenses.
IRS will then make a determination based on your current financial statement as to how they will close your case and issue the levy release.
IRS may determine to put you into a:
- non-collectible file,
- ask you for a monthly payment or
- let you know that you can settle your IRS tax debt with an offer in compromise.
IRS Help to a settle IRS tax debt
To settle an IRS tax debt you must be eligible to file what is known as an offer in compromise.
To learn more about the offer in compromise you simply need to look at our website and you will find the detail that is necessary.
Another way is to use the IRS pre-qualifier tool that you can find on our website as well and you can find out the cheapest, fastest in the lowest dollars in IRS will settle for.
Call us today for initial tax consultation.
We are comprised of tax attorneys, tax lawyers, certified public accountants and former IRS agents, managers and tax instructors.
Levy – IRS HELP, IRS Bank, Wage Garnishment, Settle IRS Debt – Nashville, Knoxville, Memphis
by Fresh Start Tax | Apr 30, 2014 | Tax Help
We know the system to get fast and affordable tax debt relief. We worked at the IRS. We know the system.
We are a full service tax firm that specializes in IRS tax debt relief.
We have a nationwide tax practice.
Our firm includes tax attorneys, tax lawyers, certified public accountants, enrolled agents, and former IRS agents, managers and tax instructors.
We have over 206 years professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of IRS.
While at Internal Revenue Service we taught tax law at the Atlanta regional training center.
We are true affordable tax experts in tax debt relief and are A+ rated by the Better Business Bureau.
When you call us you can speak directly to a tax attorney, tax lawyer, certified public accountant or a former IRS agent.
We will work up an individual plan that best satisfies your current financial situation for IRS tax debt relief.
IRS Tax Debt Relief
The Internal Revenue Service has expanded its “Fresh Start” initiative to help struggling taxpayers who owe taxes.
The following four tips explain the expanded relief for taxpayers.
Penalty relief Part of the initiative relieves some unemployed taxpayers from failure-to-pay penalties.
Penalties are one of the biggest factors a financially distressed taxpayer faces on a tax bill.
The Fresh Start Penalty Relief Initiative gives eligible taxpayers a six-month extension to fully pay 2011 taxes.
Interest still applies on the 2011 taxes from April 17, 2012 until the tax is paid, but you won’t face failure-to-pay penalties if you pay your tax, interest and any other penalties in full by Oct. 15, 2012.
The penalty relief is available to two categories of taxpayers:
1. Wage earners who have been unemployed at least 30 consecutive days
during 2011 or in 2012 up to this year’s April 17 tax deadline.
2. Self-employed individuals who experienced a 25 percent or greater
reduction in business income in 2011 due to the economy.
To qualify for this penalty relief, your adjusted gross income must not exceed $200,000 if married filing jointly or $100,000 if your filing status is single, married filing separately, head of household, or qualifying widower. Your 2011 balance due can not exceed $50,000.
Installment agreements.
An installment agreement is a payment option for those who cannot pay their entire tax bill by the due date. The Fresh Start provisions give more taxpayers the ability to use streamlined installment agreements to catch up on back taxes and also more time to pay.
The new threshold for requesting an installment agreement has been raised from $25,000 to $50,000. This option requires limited financial information, meaning far less burden to the taxpayer.
The maximum term for streamlined installment agreements has been raised to six years from the current five-year maximum.
If your debt is more than $50,000, you’ll still need to supply the IRS with a Collection Information Statement (Form 433-A or Form 433-F).
You also can pay your balance down to $50,000 or less to qualify for this payment option.
With an installment agreement, you’ll pay less in penalties, but interest continues to accrue on the outstanding balance.
In order to qualify for the new expanded streamlined installment agreement, you must agree to monthly direct debit payments.
Offer in Compromise IRS Tax Debt Relief
Under the first round of Fresh Start in 2011, the IRS expanded the Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
An Offer in Compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
The IRS recognizes many taxpayers are still struggling to pay their bills so the agency has been working on more common-sense changes to the OIC program to more closely reflect real-world situations.
An offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement.
The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
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