by Fresh Start Tax | Mar 3, 2014 | Tax Help
Take Care of Your Problem Once and For All. Affordable Solutions.
Get the IRS Help you need. We are A+ rated by the Better Business Bureau.
We are a Florida Tax Firm to specializes in affordable resolutions of any IRS and State of Florida tax problems. We have been in practice since 1982.
We are comprised of tax attorneys, certified public accountants and former IRS agents.
We have over 60 years of working directly for the Internal Revenue Service in the local Florida offices and understand all the procedures, all codes, and all the systems to get you tax relief from any IRS problem that you are having.
If you owe the Internal Revenue Service back taxes, the IRS will require a current financial statement, that will be on IRS form 433-F.
That financial statement will have to be fully documented and sent to the Internal Revenue Service before IRS will grant levy relief.
Once reviewed by Internal Revenue Service as a general ruled. the government will place you in one of three categories.
IRS will either place you into a:
1.currently non-collectible file,
2. ask you to make a monthly installment agreement, or
3 .recommend that you file an offer in compromise.
If you have received an IRS tax Levy contact us today and we usually can get the levy release within 48 hours.
If you are looking for an IRS tax settlement be sure to review to the IRS pre-qualifier tool on our website and take five minutes and walk through the form. It will let you know of you are a ta settlement candidate.
While at IRS, we taught the offer and compromise program.
Before you file you want to make sure you’re qualified and suitable candidate before you give your money to any tax firm.
Make sure you truly are a tax settlement candidate.
See our offer in compromise section on our website to find out the different programs that you can qualify for.
When searching the Internet for a tax firm make sure you can speak directly to the tax professional that will be working on your case.
Most companies you see on the Internet are third parties trying to sell your information of the highest better so I urge caution in picking a firm.
IRS Help – Owe Back Taxes, Tax Levy, Settlements – Affordable, Former IRS – SpringHill, Bayonet, New Port Richey, Tarpon Springs
by Fresh Start Tax | Mar 3, 2014 | Tax Help
IRS Help – Tax Levy & Tax Settlements – We can resolve ALL IRS PROBLEMS
Let former IRS agents who know the system fully resolve any IRS problems you may be experiencing.Get rid of your problem once and for all.
We know the IRS systems.
If you have received an IRS tax Levy ?
Contact us today for immediate tax help to get a bank or wage Levy garnishment release.
We can represent you for a tax audit, file all your back tax returns and work out a reasonably settlement with the IRS.
We handle everything from the simplest tax bill to IRS appeals and even tax court.
IRS Tax Levies
IRS usually levies only after these three requirements are met:
1. We assessed the tax and sent you a Notice and Demand for Payment;
2. You neglected or refused to pay the tax; and
3. IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
How IRS must service your notice:
IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
To get an IRS levy released
To get an IRS levy released you will have to give IRS a documented financial statement along with making sure all your tax returns are filed and up-to-date. If your tax returns are not filed and current IRS can refuse to give you a levy release.
IRS tax settlements
To get an IRS tax settlement go on our website and look for the pre-qualifier tool for the offer in compromise.
Do not give any person or firm your money until you know you are a suitable unacceptable candidate for an IRS tax settlement called the offer in compromise.
Contact us today for a free initial tax consultation and speak directly to a true affordable tax expert.
IRS Help – Tax Levy & Tax Settlements – Palm Harbor, Clearwater, Indian Shores, Treasure Island – IRS Problems Resolved
by Fresh Start Tax | Mar 3, 2014 | Tax Help
Dependents and Exemptions
There are a few tax rules that affect everyone who files a federal income tax return, lucky us.
This includes the rules for dependents and exemptions.
1. Exemptions cut income.
There are two types of exemptions:
1. personal exemptions and
2. exemptions for dependents.
You can usually deduct $3,900 for each exemption you claim on your 2013 tax return.
2. Personal exemptions.
You can usually claim an exemption for yourself. If you’re married and file a joint return you can also claim one for your spouse.
If you file a separate return, you can claim an exemption for your spouse only if your spouse had no gross income, is not filing a return, and was not the dependent of another taxpayer.
3. Exemptions for dependents.
You can usually claim an exemption for each of your dependents.
A dependent is either your child or a relative that meets certain tests.
You cannot claim your spouse as a dependent.
You must list the Social Security number of each dependent you claim.
4. Some people do not qualify.
You generally may not claim married persons as dependents if they file a joint return with their spouse. There are some exceptions to this rule.
5. Dependents may have to file.
People that you can claim as your dependent may have to file their own federal tax return. This depends on many things, including the amount of their income, their marital status and if they owe certain taxes.
6. No exemption on dependent’s return.
If you can claim a person as a dependent, that person can’t claim a personal exemption on his or her own tax return. This is true even if you don’t actually claim that person as a dependent on your tax return.
The rule applies because you have to right to claim that person.
7. Exemption phase-out.
The $3,900 per exemption is subject to income limits. This rule may reduce or eliminate the amount depending on your income. See Publication 501 for details.
Tax Deductions – Dependents and Exemptions, what you Need to know, Former IRS
by Fresh Start Tax | Mar 3, 2014 | Tax Help
Help with the IRS – Owe Back Taxes, Back Tax Filings, Tax Settlements, Tax Audits
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You can contact us today for a free initial tax consultation and we can speak to the resolution of the IRS case.
Our firm can help resolve any IRS tax issue from a simple notice to tax court.
For those of you wishing a Tax Settlement
Different payment options:
Your initial payment will vary based on your offer and the payment option you choose:
- Lump Sum Cash: Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
- Periodic Payment: Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.
Call us for more details. 1-866-700-1040.
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.
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Areas of Professional Tax Practice:
- Same Day IRS Tax Representation
- Offers in Compromise or 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
Help with the IRS – Owe Back Taxes, Filings, Settlements, Audits – AFFORDABLE – Winter Haven, Haines City, Lake Wales, Davenport
by Fresh Start Tax | Mar 3, 2014 | Tax Help
The Internal Revenue Service has had a long history in dealing with innocent spouse tax relief.
In the past, the IRS had not been too kind to the innocent spouse however progress and changes have been made.
The implementation of the two-year rule is the right step in the right direction in helping the innocent spouse seeking tax relief.
Innocent Spouse Tax Relief
Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows.
Both taxpayers are jointly and individually responsible for the tax and any interest or penalty due on the joint return even if they later divorce.
This is true even if a divorce decree states that a former spouse will be responsible for any amounts due on previously filed joint returns.
One spouse may be held responsible for all the tax due even if all the income was earned by the other spouse.
In some cases, a spouse will be relieved of the tax, interest, and penalties on a joint tax return.
Three types of innocent spouse relief are available.
1. Innocent spouse relief.
2. Separation of liability.
3. Equitable relief.
1. Innocent Spouse – By requesting innocent spouse relief, you can be relieved of responsibility for paying tax, interest, and penalties if your spouse did something wrong on your tax return.
2. Relief by Separation of Liability – Under this type of relief, you allocate (divide) the understatement of tax (plus interest and penalties) on your joint return between you and your spouse (or former spouse).
3. Equitable Relief – If you do not qualify for innocent spouse relief or separation of liability, you may still be relieved of responsibility for tax, interest, and penalties through equitable relief.
Innocent Spouse Relief – FAQ’s
Innocent Spouse Relief Two-Year Limit Change
What is the new rule for the innocent spouse relief program?
The two-year time limit no longer applies for innocent spouse requests for equitable relief. Rather, the IRS will consider a request for equitable relief if the collection statute of limitations for the tax years involved has not expired, or if the taxpayer is seeking a refund, if the refund statute of limitations has not expired. Many taxpayers that were previously denied because of the two-year limit may now qualify for relief.
Does this apply to all requests for innocent spouse relief?
The change applies only to requests for equitable relief. The two-year limit continues to apply to requests submitted on other grounds. The change applies to new innocent spouse requests, based on equitable relief, requests currently under consideration by the IRS or the court, and to requests that were previously disallowed by the IRS due to the two-year limit.
Do taxpayers need to do anything if they previously asked the IRS to suspend consideration of their equitable relief request while the two-year deadline was being appealed in court?
No, if a taxpayer requested that the IRS suspend consideration of their equitable relief request while the two-year deadline was being appealed in court, the IRS will review the original request for relief and provide notification to taxpayers who had their request suspended at that time. The taxpayer should not resubmit a claim for relief.
Who should reapply for relief?
Taxpayers seeking equitable relief, who were previously denied due to the two-year limit, may now reapply by using IRS Form 8857, Request for Innocent Spouse Relief, if the collection statute of limitations for the tax years involved has not expired, or if appropriate, the refund statute of limitations has not expired. The IRS will treat the taxpayer’s original request for equitable relief as a claim for refund for purposes of the refund statute.
Will collection activity continue if a taxpayer reapplies for relief?
When a taxpayer reapplies for relief after having a prior request denied because it was untimely, the IRS is prohibited by statute from taking any new collection action against the taxpayer for the tax years involved. Collection activity taken prior to the filing of the claim would remain in place (such as Levy or Lien). As a result, the statute provides that the collection statute of limitations for tax years will be suspended during the time the IRS is prohibited from collecting.
How can a taxpayer who filed a petition to the U.S. Tax Court, because his/her request was filed late, take advantage of this change?
For taxpayers who have a case docketed before the U.S. Tax Court, where the basis of the IRS’s denial of relief is that the request for equitable relief was untimely, the Chief Counsel attorney handling the docketed case, will reach out to the taxpayer or the taxpayer’s counsel. If the taxpayer has any questions, the taxpayer may contact the Chief Counsel attorney.
When will taxpayers be notified if they’ve been granted relief under this new provision?
The IRS will advise taxpayers within 90 days of the progress of their case. It may take some time to contact the person who was the applicant’s spouse during the tax year in question (as required by law). There will be no new collection activity while processing these types of requests. It may also take some time to work through and make final determinations with respect to cases currently in suspense.
Where can more information be obtainedd?
Notice 2011-70, Equitable Relief Under Section 6015(f), contains detailed information on this new change. In addition, the latest information on this change can be found on the Innocent Spouse section of the Individual’s page on IRS.gov.