by Fresh Start Tax | Apr 7, 2014 | Tax Help
There is a true advantage having Former IRS agents and managers represent your before the IRS.
We know the system inside and out.
Our firm is comprised of tax attorneys, certified public accountants, and former IRS managers, agents and tax instructors.
With over 206 and of total tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS, we are true tax experts of stopping IRS levies, tax audits and all back tax problems.
We can help you with any IRS problem, situation or matter that you are facing.
IRS Tax levies can be stopped
IRS tax levies can be stopped by calling Internal Revenue Service and giving them a current financial statement along with complete documentation supporting the document.
As aside note you must understand that all your tax returns will have to be filed and up-to-date. If you have not filed your back tax returns we can prepare them with little or no records.
Once your financial is received by IRS they will either place you went to a hardship file, ask you for monthly installment agreement or recommend you file for an offer in compromise.
As a general rule once IRS has received your financial statement, generally, that same day are as will release your wage or bank levy.
IRS tax audits can be minimized
Due to our years of experience at the Internal Revenue Service there are ways to minimize your tax audit and your total deficiency.
Call us today and let us review the documents you received from Internal Revenue Service and we will walk you through a process that may help your bottom line.
IRS will settle cases – 38% of all settlements are approved by IRS
Yes, IRS will settle for pennies on the dollar but you must understand what the offer in compromise program is all about.
Many people have no idea how to get an offer compromise accepted through the system. You should know I am a former IRS revenue officer who both worked the program and taught the program at Internal Revenue Service.
You can call us today for a free initial consultation we will diagnose your problem and give you various solutions to go ahead and resolve any IRS tax issue that you may have.
We are A+ rated by the Better Business Bureau.
Affordable IRS Taxes Help – Stop Levy, Audits, Settlements, Back Filing – Panama City, Callaway, Pensacola, Destin – Tax Attorney, Lawyer
by Fresh Start Tax | Apr 7, 2014 | Tax Help
IRS Has $760 Million for People Who Have Not Filed a 2010 Income Tax Return
Tax Refunds totaling almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a federal income tax return for 2010, the Internal Revenue Service announced today.
However, to collect the money, a return for 2010 must be filed with the IRS no later than Tuesday, April 15, 2014.
If you do not file by April 15 you will lose your complete tax refund and never recapture it.
The IRS estimates that half the potential refunds for 2010 are more than $571.
Some people may not have filed because they had too little income to require filing a tax return even though they had taxes withheld from their wages or made quarterly estimated payments.
In some cases where a tax return was not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund.
If no return is filed to claim a refund within three years, the money becomes property of the U.S. Treasury. Never let this happen. The federal government does not need more of our money that it already has.
For 2010 returns, the window closes on April 15, 2014.
The law requires that the return be properly addressed, mailed and postmarked by that date. There is no penalty for filing a late return qualifying for a refund.
The IRS reminds taxpayers seeking a 2010 refund that their checks may be held if they have not filed tax returns for 2011 and 2012.
In addition, the refund will be applied to any amounts still owed to the IRS or their state tax agency, and may be used to offset unpaid child support or past due federal debts such as student loans.
By failing to file a return, people stand to lose more than just their refund of taxes withheld or paid during 2010.
In addition, many low-and-moderate income workers may not have claimed the Earned Income Tax Credit (EITC). For 2010, the credit is worth as much as $5,666. The EITC helps individuals and families whose incomes are below certain thresholds.
The thresholds for 2010 were:
- $43,352 ($48,362 if married filing jointly) for those with three or more qualifying children,
- $40,363 ($45,373 if married filing jointly) for people with two qualifying children,
- $35,535 ($40,545 if married filing jointly) for those with one qualifying child, and
- $13,460 ($18,470 if married filing jointly) for people without qualifying children.
IRS Has $760 Million for People Who Have Not Filed a 2010 Income Tax Return
by Fresh Start Tax | Apr 7, 2014 | Tax Help
Question – Is an S corporation required to pay quarterly estimated tax?
Answer – Sometimes an S corporation must make estimated tax payments.
An S corporation must make installment payments of estimated tax if the total of the following taxes is $500 or more:
- The tax on built-in gains,
- The excess net passive-income tax, and
- The investment credit recapture tax.
S Corporations and Estimate Tax Payments, What you need to Know
by Fresh Start Tax | Apr 7, 2014 | Tax Help
Stop IRS with former IRS agents and managers who know the systems.
We were former instructors with the Internal Revenue Service who worked out of the Atlanta regional service training centers.
Because of our combined 60 years of direct IRS experience in the local, district, and regional tax offices of the Internal Revenue Service know exactly how to start the process of tax relief today.
We know how to stop IRS and minimize any damage they may be doing to your life.
Call us today for a free initial tax consultation and we can offer you the various options and resolutions that are available to you.
We are comprised of tax attorneys, certified public accountants, former IRS agents, managers and tax instructors.
Our firms can handle everything from a simple IRS letter or notice, taking your case to IRS appeals and representing you in Tax Court.
FST handles all IRS and state tax matters and have been doing so since 1982.
Before signing with another tax firm you should call us and get a second opinion.
We have worked thousands of cases since 1982.
Regarding IRS Audits IRS Tax News
The U.S. Internal Revenue Service audited fewer high-income Americans in 2013 than it did in 2012 or 2011, while it conducted more audits of people with no income.
Total audits fell by 5 percent from 2012 to reach the lowest level since 2008 as the IRS said it coped with budget cuts.
For the fiscal year that ended September 30, 2013, the IRS said it audited 24.2 percent of individual tax returns with adjusted gross income of $10 million or more. That was down from 27 percent in 2012 and 30 percent in 2011.
There were also fewer individual tax returns audited in the $5 million to $10 million gross income band.
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
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- Licensed and certified to practice in all 50 States
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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 Representation
IRS Back Taxes Help – Stop Levy, Audit, Settlements – AFFORDABLE – Ducula-Rocky Creek, Dallas, Fayetteview, Commerce – Tax Attorney Help
by Fresh Start Tax | Apr 7, 2014 | Tax Help
Former IRS agents and managers can make this a painless process and resolve your IRS matters for very affordable fees.
Due or years of experience and streamline processes we can resolve any and all IRS matters that you have no matter how long you’ve been dealing with them.
Since 1982 we have been representing taxpayers before the Internal Revenue Service.
We are A+ rated by the Better Business Bureau.
IRS Tax Help
Resolving IRS levy problems. You may find this hard to believe but the Internal Revenue Service does not like to send out tax levies. A levy is a result of taxpayers not responding to IRS final notices. If you have received an IRS notice of levy you will have to give IRS a current financial statement before the Internal Revenue Service will release your levy.
As a former IRS agent I only levied when all else failed.
Trying to settle with the IRS. If you are trying to settle with the Internal Revenue Service fill out the IRS pre-qualifier tool to make sure you’re a true settlement candidate.
The pre-qualifier tool walk you through the process and let you know the lowest amount allowed by law.
You should call us if you have questions and let us review this process with you. I was a former IRS agent teaching instructor of the tax settlement program called the offer in compromise. I am a true expert in these matters.
IRS tax audit issues.
If you have a IRS tax audit you would be wise to call our former IRS audit managers who know the system can help minimize any damage as a result of an IRS tax audit. many times knowing the system can help minimize the scope of IRS tax audits.
If you need to file back tax returns and have little or no records we can prepare your returns based on IRS income transcripts and reconstructive methods.
We can help with any IRS problem starting with a simple IRS notice even going to Tax Court, all our work in done is house.
Please note:
Any time you are dealing with the Internal Revenue Service you will need to have all tax returns filed, current, and up to date, IRS will simply refuse to work with you unless they know your are current in your filing and estimated tax payments/withholding.
Affordable IRS Tax Help – Levy, Settlement, Audit, Back Taxes – Garden City, Gresham Park, Grovetown, Hinesville, Huntsville – Tax Attorney
