by Fresh Start Tax | Aug 28, 2013 | Florida Sales Tax, Sales Tax, State of Florida
FLORIDA Sales, Use Tax Audit
Have Former State of Florida Sales Tax Auditors fight back.
Do not be bullied by Florida’s Department of Revenue. It’s important for you to understand your rights so the state of Florida does not overstep their authority.
We have over 300 years a professional tax experience, over 60 years with the Internal Revenue Service and over 16 years of working with the Florida Department of revenue Sales and Use Tax Division.
We can give you immediate peace of mind.
As former IRS and state of Florida tax agents we know the exact protocols and the exact settlement techniques that you need.
We know the exact systems to help you reduce any tax liability or exposure you have regarding a Florida sales,use tax audit.
It only makes sense to fight back with former State of Florida Sales tax agents who understand the entire system.
We can cut down the time of your tax audit and because of our expertise can achieve this for affordable pricing.
Stop your worrying right now.
The aggressiveness of Florida Sales, Use Tax
The State of Florida Sales Tax have been aggressively pursuing Florida businesses and owners. Sales Tax Audits are expected to soar during the next 3 years.Fact, the State of Florida conducts as more audits than the IRS in the State of Florida.
With the State of Florida needing revenue and not wanting to raise taxes, the easiest place to find extra money is through where else, through Sales, Use Tax audits.
The State of Florida have been actively putting in new software and updating their old systems to get a better handle on filings and delinquent paying issues. The State of Florida business owners will find a much quicker response time when sales tax returns are not filed and payments are not made.
What we offer and why we are different from other professionals.
Besides having an expertise in sales tax law we have three layers of professionals that review cases. From Tax Attorneys, Lawyers, CPA’s and Former Agents, we have over 300 years of total professional tax experience and over 76 years of working directly for the government.
What Types of Records Will I Need to Provide for a Florida- Sales, Use Tax Audit
What type of records you will need for a Sales Tax Audit for State of Florida Sales Tax.
When the State notifies you of our intent to audit, they will also tell you what records you will need to provide.
The types of records may include, but are not limited to:
1. General ledgers and journals
2. Cash receipt and disbursement journals
3. Purchase and sales journals
4. Sales tax exemption or resale certificates
5. Florida tax returns
6. Federal tax returns
7. Depreciation schedules
8. Property records
The State of Florida sales tax agents many times extend this list.
You can never know what to expect. It is always best to have a professional tax firm represent your best interest.
How long to keep your records for Sales Tax Audit, Florida purposes.
You must keep your records for three years since an audit can extend back that far. The Department of Revenue may audit for periods longer than three years if you did not file, or filed a substantially incorrect return or payment.
FLORIDA – SALES,USE TAX AUDITS – Fight Back With Former Agents
by Fresh Start Tax | Aug 28, 2013 | Tax Help
Tax Negotiation Experts
There are many companies on the Internet today who claim to be tax negotiation experts.
Check those professional credentials, there expereince and there rating out carefully.
Fresh Start Tax LLC is a local South Florida tax firm that is comprised of tax attorneys, tax lawyers, certified public accountants, former IRS agents managers and tax instructors.
We also have a State of Florida, Department of Revenue negotiator on staff for Sales and Use Tax Cases.
We have over 300 years of federal and state tax experience and over 76 years of directly working for the Internal Revenue Service and the State of Florida.
We have worked in the local South Florida local , district, and regional tax offices of the Internal Revenue Service.
When working for the IRS and State we were tax negotiators so we know the strategies and settlement formulas for tax negotiations including all tax protocols.
Also on staff is a former IRS appeals federal mediator/ negotiator for the Internal Revenue Service.
We literally have worked thousands of cases and are experts tax negotiations in the field.
We have been in private practice in South Florida since 1982 in are A+ rated by the Better Business Bureau.
You can contact us today for a free initial tax consultation on any IRS problem or situation.
We are true experienced professional tax negotiation experts.
Two programs that allow taxpayers and the IRS to reach agreement
The Internal Revenue Service has two permanent programs that allow taxpayers and the IRS to reach agreement on tax disputes more quickly.
FTM is generally available for all non-docketed cases and collection source work over which SB/SE has jurisdiction, including offer in compromise (OIC), trust fund
recovery penalty (TFRP) and collection due process (CDP) cases.
FTM is generally not available for issues for which resolution will depend on an assessment of the hazards of litigation and which require the FTM Appeals Official to use delegated settlement authority.
Fast Track Mediation program.
This program gives small businesses, self-employed taxpayers and the IRS the opportunity to mediate disputes through an IRS appeals officer, who acts as a neutral party. In this program, most tax disputes are resolved within 40 days compared to several months though the regular appeal process.
Since June 2002, more than 200 cases have been mediated – with 100 percent resolution in more than half of those cases.
Makes permanent the Fast Track Settlement program. The program enables the IRS to resolve tax disputes with large and mid-size businesses at an earlier stage – often within a much shorter time than through the normal audit and appeal processes.
The Fast Track Settlement pilot program became available for large and mid-size businesses on November 14, 2001, with the goal of reaching settlement with taxpayers within 120 days. By May 31, 2003, IRS and 104 large and mid-size business taxpayers had successfully settled through the pilot program, in an average time of 69 days, just over half of the expected time.
Creates the pilot Fast Track Mediation program for Tax Exempt Bonds. This will allow the IRS and issuers of tax exempt bonds to expedite the resolution of cases more quickly than through the standard appeals process.
Call us today for a free initial tax consultation or come by and visit us face-to-face. We are fast, friendly and affordable. We are your local tax negotiation experts located right here in your community.
Tax Negotiation Experts – Tax Attorneys, Former IRS Agents Miami, Ft.Lauderdale, Boca, Palm Beaches
by Fresh Start Tax | Aug 28, 2013 | Tax Help
There are many companies on the Internet today who claim to be tax negotiation experts. I ask you to check those professional credentials out carefully.
Fresh Start Tax LLC is a firm of nationwide experts and we are comprised of tax attorneys, tax lawyers, certified public accountants, former IRS agents managers and tax instructors.
We have over 300 years of federal tax experience and over 60 years of directly working for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
When working for the IRS we were tax negotiators so we know the strategies and settlement formulas for tax negotiations.
While at the Internal Revenue Service we taught tax law.
Also on staff is a former IRS appeals federal mediator/ negotiator for the Internal Revenue Service.
We literally have worked thousands of cases and are experts tax negotiations.
We have been in private practice since 1982 in are A+ rated by the Better Business Bureau.
You can contact us today for a free initial tax consultation on any IRS problem or situation. We are true experienced tax negotiation experts.
Two programs that allow taxpayers and the IRS to reach agreement
The Internal Revenue Service has two permanent programs that allow taxpayers and the IRS to reach agreement on tax disputes more quickly.
CASE ELIGIBILITY AND EXCLUSIONS
FTM is generally available for all non-docketed cases and collection source work over which SB/SE has jurisdiction, including offer in compromise (OIC), trust fund
recovery penalty (TFRP) and collection due process (CDP) cases.
FTM is generally not available for issues for which resolution will depend on an assessment of the hazards of litigation and which require the FTM Appeals Official to use delegated settlement authority.
Fast Track Mediation program.
This program gives small businesses, self-employed taxpayers and the IRS the opportunity to mediate disputes through an IRS appeals officer, who acts as a neutral party. In this program, most tax disputes are resolved within 40 days compared to several months though the regular appeal process.
Since June 2002, more than 200 cases have been mediated – with 100 percent resolution in more than half of those cases.
Makes permanent the Fast Track Settlement program. The program enables the IRS to resolve tax disputes with large and mid-size businesses at an earlier stage – often within a much shorter time than through the normal audit and appeal processes. The Fast Track Settlement pilot program became available for large and mid-size businesses on November 14, 2001, with the goal of reaching settlement with taxpayers within 120 days. By May 31, 2003, IRS and 104 large and mid-size business taxpayers had successfully settled through the pilot program, in an average time of 69 days, just over half of the expected time.
Creates the pilot Fast Track Mediation program for Tax Exempt Bonds. This will allow the IRS and issuers of tax exempt bonds to expedite the resolution of cases more quickly than through the standard appeals process.
Tax Negotiation Experts – Tax Attorneys, Former IRS Agents
by Fresh Start Tax | Aug 27, 2013 | Tax Help
Selling Your Home – Tax Tips
Fresh Start Tax provides Tips for Individuals Selling Their Home
If you’re selling your main home sometime this year, the IRS has some helpful tips for you.
Even if you make a profit from the sale of your home, you may not have to report it as income.
Selling Your Home – Tax Tips – Former IRS
Tax Tips
1. If you sell your home at a gain, you may be able to exclude part or all of the profit from your income. This rule generally applies if you’ve owned and used the property as your main home for at least two out of the five years before the date of sale.
2. You normally can exclude up to $250,000 of the gain from your income ($500,000 on a joint return). This excluded gain is also not subject to the new Net Investment Income Tax, which is effective in 2013.
3. If you can exclude all of the gain, you probably don’t need to report the sale of your home on your tax return.
4. If you can’t exclude all of the gain, or you choose not to exclude it, you’ll need to report the sale of your home on your tax return. You’ll also have to report the sale if you received a Form 1099-S, Proceeds From Real Estate Transactions.
5. Use IRS e-file to prepare and file your 2013 tax return next year. E-file software will do most of the work for you. If you prepare a paper return, use the worksheets in Publication 523, Selling Your Home, to figure the gain (or loss) on the sale. The booklet also will help you determine how much of the gain you can exclude.
6. Generally, you can exclude a gain from the sale of only one main home per two-year period.
7. If you have more than one home, you can exclude a gain only from the sale of your main home. You must pay tax on the gain from selling any other home. If you have two homes and live in both of them, your main home is usually the one you live in most of the time.
8. Special rules may apply when you sell a home for which you received the first-time home buyer credit.
9. You cannot deduct a loss from the sale of your main home.
10. When you sell your home and move, be sure to update your address with the IRS and the U.S. Postal Service. File Form 8822, Change of Address, to notify the IRS.
by Fresh Start Tax | Aug 27, 2013 | Tax Help
If you owe the Internal Revenue Service excise tax or you’re going through an excise tax audit contact us today to hire or engage former IRS agents and managers to defend you before the Internal Revenue Service.
We are tax experts who both worked in the collection division and the audit division.
You should also know that excise tax audits require certain specialization skills. As former IRS agents we know all the systems, the protocols, and all the tax details involved to handle and to get you your very best tax tax defense. While at IRS we taught tax law.
What are Excise Taxes and important information.
Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product.
There are also excise taxes on activities, such as on wagering or on highway usage by trucks. Excise Tax has several general excise tax programs.
One of the major components of the excise program is motor fuel.
Various Fuel Tax Credits Extended:
Here Are Special Instructions On How To Report
The American Taxpayer Relief Act, enacted Jan. 2, 2013, retroactively extends certain fuel tax credits that expired at the end of 2011.
These include the biodiesel mixture credit, biodiesel credit, alternative fuel credit and alternative fuel mixture credit. Generally, eligible taxpayers can now claim these credits on their federal excise tax returns, and if the credits exceed their excise tax liability, the excess can be claimed as a refund or income tax credit.
Indoor Tanning Service Providers Must File a Federal Excise Tax Return
Beginning July 1, 2010, indoor tanning services will be subject to a 10 percent excise tax under the Affordable Care Act. Filing your Excise Tax return.
Directors Directive on Announcement 2008-18, FET Compliance Initiative
This Directive provides guidance to examiners auditing taxpayers participating in the voluntary compliance initiative (Announcement 2008-18) regarding foreign insurance excise tax (FET) under IRC 4371- 4374.
Excise Summary Terminal Activity Reporting System (ExSTARS)
ExSTARS is a fuel reporting system developed with the cooperation of the IRS, Department of Transportation, states, and motor fuel industry, which details the movement of any product into or out of an IRS approved terminal.
A facility control number (FCN) designates a storage location within the motor fuel, or renewable fuel production or the bulk transfer / terminal system. Information regarding the use of FCNs was made public by an announcement in the Federal Register on April 12, 2010.
Excise Tax Electronic Data Interchange (EDI) Guides (Pub. 3536)
Terminal Operators and Bulk Carriers refer to Publication 3536 for EDI filing requirements.
637 Registration Program
Under the Code and regulations, each person that engages in certain specified activities relating to excise tax must be registered by the IRS before engaging in that activity.
Online Form 637 Registration Status Check
This Web application provides the ability for businesses to confirm whether individuals/companies have a valid IRS registration.
Exemption From Excise Tax for Certain Wooden Arrows
On Friday, October 3, 2008, P.L. 110-343 (H.R. 1424), the Emergency Economic Stabilization Act of 2008 (Act), also known as the Tax Extenders and Alternative Minimum Tax Relief Act of 2008, was signed into law by the President. The Act includes a key provision in Title V, Section 503 that impacts the Archery federal excise tax.
Field Directive Federal Excise Tax on the Importation and Manufacture of Fishing and Archery Products
This updates the field directive that discusses the Federal Excise Tax on the importation and manufacture of fishing and archery products.
Idling Reduction Devices Exempt from 12% Retail Excise Tax
The Environmental Protection Agency’s (EPA) list of devices that reduce highway tractor idling is now available. These devices may be exempt from the 12 percent retail excise tax provided they meet the criteria set forth in section 4053(9) of the Internal Revenue Code.
Owe IRS Excise Tax, Excise Tax Audits – Hire Affordable Former IRS – Experts
