by Fresh Start Tax | Apr 3, 2014 | Tax Help
Have Former IRS agents and tax attorneys stop your problems now!
If you owe back taxes or have not filed tax returns you are not alone.
Tax Facts:
- over 16 million taxpayers do not file annually,
- there are over 1.8 million tax levy served each and every year,
- there are over 800,000 federal tax liens filed every year,
- IRS accepts 38% of all tax settlements filed with them,
- the average settlement on a dollar $.16,
- if you want to stop your tax problem today call us now.
If you owe back taxes to the Internal Revenue Service we can make this process very simple.
The Internal Revenue Service will require a 433F financial statement for anybody who owes back taxes.
The Internal Revenue Service will analyze that individual financial statement.
They will examine your:
1. current income,
2. expense ratios to income,
3. IRS will come to a determination that are based on the national standard expenses, you can also find those our website.
After IRS reviews your current financial statement the IRS will close your case using one of three methods.
The Internal Revenue Service will either put you into a :
1. currently uncollectible state,
2. insist you make a monthly payment based on your current financial statement, or
3. let you know that you are a tax settlement candidate otherwise known as an offer in compromise.
To get your IRS levy released immediately
To get an IRS levy released immediately you will need to provide a current financial statement to Internal Revenue Service.
When you call Fresh Start Tax LLC and give us your completely documented financial statement, as a general rule that same day we can get your IRS levy release and settle your case.
We are comprised of tax attorneys, tax lawyers, certified public accountants, and former IRS agents and managers instructors all who know the systems of the protocol of the Internal Revenue Service. While at Internal Revenue Service we taught tax law.
Important note:
If you are dealing with the Internal Revenue Service they will insist all your tax returns are filed before will they will enter into any negotiations.
If you have not filed your back tax returns and need to do so, call us today and we can get all your tax returns filed and settle all at the same time.
If you have little or no tax records we can prepare your tax returns under reconstructive methods learned at the Internal Revenue Service and file accurate tax returns so you do not have an IRS audit worried down the road.
by Fresh Start Tax | Apr 3, 2014 | Tax Help
When are the quarterly estimated tax payments due?
When to Pay Estimated Tax
For estimated tax purposes, the year is divided into four payment periods.
Each period has a specific payment due date.
If you do not pay enough tax by the due date of each payment period, you may be charged a penalty even if you are due a refund when you file your income tax return at the end of the year.
If you mail your estimated tax payment and the date of the U.S. postmark is on or before the due date, the payment generally will be considered to be on time.
The payment periods and due dates for estimated tax payments are shown next.
- Jan 1 – Mar 31: Due date April 15
- Apr 1 – May 31: Due date June 15
- Jun 1 – Aug 31: Due date September 15
- Sept 1 – Dec 31: Due date January 15* of the following year
If the due date for making an estimated tax payment falls on a Saturday, Sunday, or legal holiday, the payment will be on time if you make it on the next day that is not a Saturday, Sunday, or legal holiday.
If your tax year does not begin on January 1, see the special rules for fiscal year taxpayers in Chapter 2 of Publication 505.
Farmers and Fishermen, see Chapter 2 of Publication 505.
If you need your tax return prepared by an IRS agent or former manager call us today.
by Fresh Start Tax | Apr 3, 2014 | Tax Help
Fight IRS Back and STOP being bullied!
If you are serious about resolving an IRS back tax problem it only makes sense to hire professional tax firm.
Fresh Start Tax LLC is comprised of tax attorneys, certified public accountants, and former IRS agents, managers and tax instructors.
We were former IRS agents and managers have worked and taught out of the Atlanta regional training center.
We know the IRS systems. We taught the system to new IRS agents.
Due your years of experience at the Internal Revenue Service we know the fastest and most affordable way to resolve any IRS back tax issue you have.
Use Caution:
When you are looking to hire a tax firm on the Internet be very cautious, most of the pages you pull up on the Internet are advertising companies marketing or selling leads to third parties. That’s right, you are not calling tax firms you are calling advertising companies.
I would urge people not to give their information to these third parties who sell your information to the highest bidder.
Make sure you are calling a specific tax firm that actually has tax professionals on staff.
To get an IRS levy released
If you have received an IRS notice of levy that was sent to your employer or to your bank you will need to give IRS a current, accurate and completely documented financial statement. That form will be a 433F and you will find out our website.
If you can provide that form to us completely documented and accurate, as a general rule within 24 hours we can get your notice of levy on your wages or your bank account lifted. Not only can we get your IRS levy released or lifted we can settle your tax case at the same time.
To settle back taxes
To settle back taxes with the Internal Revenue Service just like the levy above, you will have to give IRS a completely documented financial statement.
When IRS reviews your current financial statement they will ask for the last three months of bank statements, your last pay stub, and a complete list of all your monthly expenses. They will then make a determination how they will suspend or closure case off the IRS enforcement computer.
As a general rule, IRS three closing categories they put back tax cases into.
Based in your financial statement the Internal Revenue Service will either ask you to set up a:
1.monthly payment agreement,
2. let you know your case is currently uncollectible because you are in a hardship, or
3. you may be a tax settlement candidate.
If you call us today we can walk you to the process and let you know ahead of time which settlement category you could be eligible for.
If you have any questions or problems regarding any IRS notice or letter call us today and you can speak directly to a true tax professional.
We have been in private practice since 1982 when are A+ rated by the BBB.
IRS Tax, Affordable Help, Levy, Back Taxes, Settlements – Dunwoody, East Point, Fayetteville, Kennesaw, Doraville * Tax Attorneys, Lawyer
by Fresh Start Tax | Apr 3, 2014 | Tax Help
We are a professional tax firm who can affordably resolve your IRS back tax problem.
We have been private practice since 1982 in are A+ rated by the Better Business Bureau.
We have successfully resolved thousands of IRS Back Tax Cases since 1982.
Beware:
I would first of all urge all individuals looking for IRS tax help to be careful in choosing a firm from surfing the Internet.
Most of the companies that you see on the internet are advertising firms and are selling your information of third parties for the highest bidder.
Some firms sell your information to multiple parties and you have no idea how much your information is being sold.
When you are looking to choose a firm, call the firm itself not a third-party.
Make sure they list their tax professionals and their credentials before making a decision. Asked to speak directly to the tax professional not a salesperson.
Also make sure you check there Better Business Bureau rating.
When calling Fresh Start Tax LLC you will speak directly to a tax professional who can answer any questions you have on back taxes, how to immediately stop an IRS levy on your bank or wages, to find out whether you are a tax settlement candidate, or how to offer you the very best tax defense if you are going through an IRS tax audit.
With over 60 years of direct IRS experience we can help solve any IRS problem you have from a simple notice or letter to going the Tax Court.
Call us today for free initial tax consultation.
Why Hire Fresh Start Tax, LLC? We tell you the truth!
1. Fresh Start Tax is a National Tax Firm whose principles have been practicing Tax Law since 1982.
2. On staff are Board Certified Tax Attorneys, CPAs and Former IRS Agents, Managers and Instructors.
3. Former IRS Agents/Managers will review, manage, represent and close your IRS Tax Case for the best settlement possible.
4. We are one of the most experienced and trusted Professional Tax Firms with over 205 years of tax experience.
5. We have an “A” Plus Rating from the Better Business Bureau.
- Our professional have saved clients millions of dollars
- We’ve successfully resolved thousands of cases since 1998
- We are dedicated to providing the highest standards in the quality of our work and making sure the customer’s experience exceeds their expectations
IRS Tax Help – Back Taxes, Stop Levy, Settlements, Audit Rep *Affordable* Acworth, Canton, Carterville, College Park – Tax Attorney, Lawyer
by Fresh Start Tax | Apr 3, 2014 | Tax Help
Tips for U.S. Taxpayers with Foreign Income
Did you live or work abroad or receive income from foreign sources in 2013?
If you are a U.S. citizen or resident, you must report income from all sources within and outside of the U.S.
The rules for filing income tax returns are generally the same whether you’re living in the U.S. or abroad.
Tips from FST that U.S. taxpayers with foreign income should know:
1. Report Worldwide Income.
By law, U.S. citizens and resident aliens must report their worldwide income. This includes income from foreign trusts, and foreign bank and securities accounts.
2. File Required Tax Forms.
You may need to file Schedule B, Interest and Ordinary Dividends, with your U.S. tax return. You may also need to file Form 8938, Statement of Specified Foreign Financial Assets. In some cases, you may need to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. See IRS.gov for more information.
3. Consider the Automatic Extension.
If you’re living abroad and can’t file your return by the April 15 deadline, you may qualify for an automatic two-month filing extension. You’ll then have until June 16, 2014 to file your U.S. income tax return.
This extension also applies to those serving in the military outside the U.S. You’ll need to attach a statement to your return to explain why you qualify for the extension.
4. Review the Foreign Earned Income Exclusion.
If you live and work abroad, you may be able to claim the foreign earned income exclusion. If you qualify, you won’t pay tax on up to $97,600 of your wages and other foreign earned income in 2013.
5. Don’t Overlook Credits and Deductions.
You may be able to take a tax credit or a deduction for income taxes you paid to a foreign country. These benefits can reduce the amount of taxes you have to pay if both countries tax the same income.
U.S. Taxpayers with Foreign Income, What you Need to Know, Tax Tips, Fresh Start Tax LLC
