by Fresh Start Tax | Feb 21, 2013 | Tax Returns
Best Tax Preparers – Former IRS Agents are the Best Tax Preparers 1-866-700-1040
It only makes sense to use former IRS agents, managers and tax instructors to prepare your tax returns.
We have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional offices of the Internal Revenue Service.
While at the IRS we taught Tax Law.
Some of our former IRS agents and managers taught income tax law as well as trained new agents their job. Let our years of federal and state tax experience work for you so you can save your hard-earned money.
We are completely aware of all the tax changes and some of the complications that come with the filing of tax returns and we can help audit proof your tax return today.
We know all the tax guidelines, tax codes and tax procedures to make sure and guarantee that you pay the lowest amount allowed by law.
We will defend your tax return in case of an IRS tax audit.
Also on staff are tax attorneys certified public accountant , and enrolled agents. All our work is done in-house by an extraordinary team of tax professionals. If you have past-due or unfiled tax returns we can prepare all back returns with little or no tax records. We are tax experts when it comes to income tax or business tax reconstruction.
Call us today for free consultation and no that you will have the best tax preparation possible
If you wind up owing any back taxes is a result of the filing of your tax return we can work out an IRS tax debt settlement for you.
How far back can the IRS go to audit my return?
Generally, the IRS can include returns filed within the last three years in an audit. Additional years can be added if a substantial error is identified.
Generally, if a substantial error is identified, the IRS will not go back more than the last six years.
The IRS tries to audit tax returns as soon as possible after they are filed. Accordingly most audits will be of returns filed within the last two years.
If an IRS audit is for an older year, you may be requested to extend the statute of limitations for assessment of your tax return.
The statute of limitations limits the time allowed to assess additional tax.
The statute of limitations is generally three years after a return is due or was filed, whichever is later. There is also a statute of limitations for making refunds.
If the audit is not resolved and the statute of limitations date is nearing, you may be asked to extend the statute of limitations date. This will allow you additional time to provide further documentation to support your position, request an appeal if you do not agree with the audit results, or to claim a tax refund or credit. It also allows the IRS time to complete the audit and provides time to process the audit results.
You do not have to agree to extend the statute of limitations date. However, if you do not agree, the examiner will be forced to make a determination based upon the information they currently have. Therefore, the examiner may not be able to consider additional adjustments, such as expenses, that could lower the amount of tax due.
Finding the best tax preparers is critical to make sure you are not audited.
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 if Tax Records are lost or destroyed
- Best Tax Preparers
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
Call us today for free tax consultation and you will find out why many of our clients say that we are some of the best tax preparers in the business. Using former IRS agents is one of the safest and best bets to ensure you pay the lowest amount of tax allowed by law and the assurance that your tax return would be defended for IRS tax audit.
Best Tax Preparers, Former IRS Agents are the Best Tax Preparers
by Fresh Start Tax | Feb 21, 2013 | Florida Sales Tax
Tax Help Florida – IRS & State Tax Representation – Former Agents 1-866-700-1040
We are comprised of tax attorneys, certified public accountants and former IRS agents, managers and tax instructors.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service and local, district, and regional tax offices.
As former IRS agents we have worked with the Florida Department of Revenue and are very familiar with all the tax laws and policies of the State of Florida.
You can call us for a free tax consultation and when you do you will speak directly to a tax attorney, certified public accountant, or former IRS agent.
If you need IRS tax help because of a tax problem we can get you tax relief today. We can provide immediate tax representation because of a tax notice or a tax bill call us today.
We can settle any and all types of back tax problems.
Both the Fed’s and the State have programs have programs to resolve tax debt, we can review your individual case and go over all your tax options. Stop the worry and stress.
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 if Tax Records are lost or destroyed
- Tax Help Florida, IRS and State Tax Representation
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
by Fresh Start Tax | Feb 21, 2013 | Tax Help
Help with IRS Back Taxes – Have Former IRS Reduce Your Tax Debt – Back Tax Help 1-866-700-1040
If you owe IRS back taxes and you need to get professional tax help the very best place to turn is to former IRS agents who know the systems and tax policies.
We have over 60 years of direct work experience at the Internal Revenue Service in the local, district, and IRS regional offices.
We have worked as IRS agents, IRS managers, IRS instructors and former IRS appellate agents.
Also on staff are tax attorneys and certified public accountants.
We are A+ rated by the Better Business Bureau we have been in practice since 1982 and we are very affordable.
Contact us today for a free tax consultation and you will speak directly to a tax professional and not a salesperson.
When calling other tax firms that are on the Internet
You should be aware of it when you call other tax firms many times you will be speaking to a salesperson who knows little about IRS tax resolution. Unless you’re speaking directly to the tax professional you probably will not be getting the advice you need. By simply calling our office you will hear the truth that you need to hear. Make sure you are finding out the truth and not a sales pitch.
IRS has made it easy for people to pay back taxes due to the new fresh start program or fresh start initiative. It gives taxpayers help with IRS back taxes.
The IRS fresh start program for help with IRS Back Taxes
In its latest effort to help struggling taxpayers, the Internal Revenue Service has taken new steps to help people get a fresh start with their tax liabilities.
The goal is to help individuals and small businesses meet their tax obligations, without adding unnecessary burden to taxpayers. IRS is announcing new policies and programs to help taxpayers pay back taxes and avoid tax liens.
The changes include that will help with IRS back taxes
a. Significantly increasing the dollar threshold when liens are generally issued, resulting in fewer tax liens.
b. Making it easier for taxpayers to obtain lien withdrawals after paying a tax bill.
Withdrawing liens in most cases where a taxpayer enters into a Direct Debit Installment Agreement.
c. Creating easier access to Installment Agreements for more struggling small businesses.
d. Expanding a streamlined Offer in Compromise program to cover more taxpayers.
The New Tax Lien Thresholds helping with IRS Back Taxes
The IRS will significantly increase the dollar thresholds when federal tax liens are generally filed.
The new dollar amount is in keeping with inflationary changes since the number was last revised. IRS will now file tax liens when there is assessed amount of $10,000 and above.
The IRS plans to review the results and impact of the lien threshold change in about a year. The impact of the federal tax lien is much more devastating than taxpayers think. Credit card companies look at the filing of the tax lien and it will usually damage your tax credit history for a period of seven years.
By IRS filing a federal tax lien they are doing nobody any favors including themselves. Even for taxpayers trying to borrow the money to pay the tax they find themselves strapped with the federal tax lien. IRS needs to completely revisit their policy toward the filing of the federal tax not only for the taxpayer before themselves. Taxpayers trying to get out from under this tax debt are in a very un-enviable position, once the federal tax lien has destroyed their credit for years to come.
What is the federal tax lien
A federal tax lien gives the IRS a legal claim to a taxpayer’s property for the amount of an unpaid tax debt. Filing a Notice of Federal Tax Lien is necessary to establish priority rights against certain other creditors.
Usually the government is not the only creditor to whom the taxpayer owes money. IRS files a federal tax lien to secure their interest in property and assets.
A lien informs the public that the U.S. government has a claim against all property, and any rights to property, of the taxpayer.
This includes property owned at the time the notice of lien is filed and any acquired thereafter.
A lien can affect a taxpayer’s credit rating, so it is critical to arrange the payment of taxes as quickly as possible.
Federal Tax Lien Withdrawals
The IRS will also modify procedures that will make it easier for taxpayers to obtain lien withdrawals.
Federal Tax Liens will now be withdrawn once full payment of taxes is made if the taxpayer requests it. Usually there was a 30 to 60 day hold before IRS would release the federal tax lien.
The IRS has determined that this approach is in the best interest of the government and the taxpayer.
In order to speed the withdrawal process, the IRS will also streamline its internal procedures to allow collection personnel to withdraw the liens.
Direct Debit Installment Agreements and Liens
The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement .
For taxpayers with unpaid assessments of $25,000 or less, the IRS will now allow a federal tax lien withdrawals under several scenarios:
a. Lien withdrawals for taxpayers entering into a Direct Debit Installment Agreement.
b. The IRS will withdraw a lien if a taxpayer on a regular Installment Agreement converts to a Direct Debit Installment Agreement.
c. The IRS will also withdraw liens on existing Direct Debit Installment agreements upon taxpayer request.
Federal tax Liens will be withdrawn after a probationary period demonstrating that direct debit payments will be honored.
In addition, this lowers user fees and saves the government money from mailing monthly payment notices.
Installment Agreements and Small Businesses
The IRS will also make streamlined Installment Agreements available to more small businesses.
The payment program will raise the dollar limit to allow additional small businesses to participate.
Small businesses with $25,000 or less in unpaid tax can participate.
Currently, only small businesses with under $10,000 in liabilities can participate. Small businesses will have 24 months to pay.
The streamlined Installment Agreements will be available for small businesses that file either as an individual or as a business. Small businesses with an unpaid assessment balance greater than $25,000 would qualify for the streamlined Installment Agreement if they pay down the balance to $25,000 or less.
Small businesses will need to enroll in a Direct Debit Installment Agreement to participate.
Offers in Compromise
Streamline Offers that help with IRS Back Taxes
The IRS is also expanding a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
This streamlined OIC is being expanded to allow taxpayers with:
1. annual incomes up to $100,000 to participate.
2.participants must have tax liability of less than $50,000, doubling the current limit of $25,000 or less.
OICs are subject to acceptance based on legal requirements. 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.
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.
Streamlined Installment Agreements
The Streamlined Installment Agreements will be available for small businesses that file either as an individual or as a business.
Small businesses with an unpaid assessment balance greater than $25,000 would qualify for the streamlined Installment Agreement if they pay down the balance to $25,000 or less.
Small businesses will need to enroll in a Direct Debit Installment Agreement to participate.
Help with IRS Back Taxes, Have Former IRS Reduce Your Tax Debt, Back Tax Help
by Fresh Start Tax | Feb 20, 2013 | Tax Settlements
Miami, Ft.Lauderdale – IRS Settlements – Former Local IRS Agents 954-492-0088
We are a local South Florida professional tax firm that specializes in IRS tax debt settlements.
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 South Florida offices and we also have worked in both the district and regional IRS offices well.
We not only worked the IRS tax debt settlement program called the offer in compromise but we also were instructors for the program as well.
With that said we know all the tax policies, tax formulas, and tax settlement procedures to go ahead and settle your IRS tax debt if you qualify.
It should be known that not every person qualifies for IRS settlement. IRS has strict guidelines for the acceptance of an IRS settlement called an offer in compromise. You should not pay any firm unless your case been fully reviewed and they have indicated to you that you are a candidate for the offer in compromise program.
There are many companies out there that will tell you that we can save you” pennies on the dollar” but after working for IRS for several years and working thousands of cases I urge caution before submitting any offer in compromise.
You can call us today for a free consultation regarding submission of an offer in compromise.
The new IRS settlement program called the fresh start initiative
An new IRS offer in compromise allows you to settle your tax debt for less than the full amount you owe.
It may and could be a legitimate tax option if you can’t pay your full tax liability, or doing so creates a financial hardship.
The Internal Revenue Service considers your unique set of facts and circumstances before accepting a IRS Settlement. they will consider,
a. Ability to pay,
b. Income;
c. Expenses and
d. Asset and equity.
Approvals of offers and compromise
We generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.
IRS will explore all other payment options before accepting an offer in compromise. The Offer in Compromise program is not for everyone.
If you hire a tax professional to help you file an offer, be sure to check his or her qualifications.
Make sure you are eligible by having a tax professional qualify your case before submission to the IRS.
Qualifications for offer and compromise
1. Before we can consider your offer, you must be current with all filing and payment requirements.
2. You are not eligible if you are in an open bankruptcy proceeding.
Submission your IRS Settlement – Necessary Forms
1. Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;
2. Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
Application Fee.
$150 application fee (non-refundable); and
Initial payment (non-refundable) for each Form 656.
Payment options
Your initial payment will vary based on your offer and the payment option you choose:
1. 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.
2. 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.
If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer.
Understand the process IRS Settlement Process
While your offer is being evaluated you will need to now:
1. Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);
2. A Notice of Federal Tax Lien may be filed;
3. Other collection activities are suspended;
4. The legal assessment and collection period is extended;
5. Make all required payments associated with your offer;
6. You are not required to make payments on an existing installment agreement; and
7. Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
Miami, Ft.Lauderdale – IRS Settlements – Former Local IRS Agents – South Florida
by Fresh Start Tax | Feb 20, 2013 | Tax Levy and Wage Garnishments
IRS Tax Levy on Social Security – Get Immediate Tax Levy Relief 1-866-700-1040
Most taxpayers are shocked to find out that IRS can levy Social Security benefits, however it should be known that there are very few things the IRS cannot levy or seize.
If IRS has served a tax levy garnishment on your Social Security benefits call us today and get immediate tax relief regarding your levy on your Social Security payment.
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 and the local, district, and regional tax offices of the IRS.
We have over 205 years of professional tax experience and are an A+ rated tax firm.
Before IRS will release your IRS tax levy on your Social Security benefit the IRS will required a detailed financial statement along with documentation to make sure that you cannot pay the tax in full.
If that is the case, after IRS reviews your financial statement and finds you have an inability to pay IRS most often the IRS will fully release the levy on your Social Security benefit. IRS will also check to make sure all tax returns are filed and up-to-date.
Call us today to find out more about how we can get immediate IRS tax levies released on Social Security benefits.
The federal law regarding IRS tax levies on Social Security
The Financial Management Service (FMS) is a bureau of the Department of the Treasury, and part of its mission is to provide centralized debt collection services to most federal agencies. FMS has begun implementing two Congressional mandated federal debt collection programs.
One is designed to collect delinquent non-tax debt by offsetting certain federal payments and the other to collect delinquent tax debt from individuals who receive certain federal payments.
Statutory Authority: The 1997 Taxpayer Relief Act authorizes the Internal Revenue Service (IRS) to collect overdue federal tax debts of individuals and businesses that receive federal payments, by levying up to 15% of each payment until the debt is paid.
Affected/Excluded Recipients:In July 2000, FMS and the IRS launched the program. Presently, vendor payments disbursed by Treasury, Office of Personnel Management retirement payments, and travel advance and reimbursement payments to federal travelers are being levied.
In October 2001, the IRS began notifying certain Social Security beneficiaries of the intent to levy their benefit payments to collect delinquent tax debts.
Supplemental Security Income benefit payments as well as payments to children, lump sum death benefit payments, payments currently being reduced to repay Social Security benefit over payments, and payments to beneficiaries who turned age 72 by 1971, will be excluded from the tax levy program.
IRS also has the discretion to exempt people suffering hardship situations, residing in a federally declared disaster area (including those affected by the September 11, 2001 terrorist attacks), entitled to a military deferment, and seeking bankruptcy protection.
The Levy Process:
Federal tax debts will be collected by FMS through the Treasury Offset Program (TOP), which is also used to collect non-tax debt. The TOP database maintained by FMS includes delinquent debtor information submitted and updated by federal agencies, such as the IRS, that are either owed debts or are collecting debts on behalf of other federal agencies. In the case of the tax levy program, IRS will supply FMS with an electronic file containing tax debt information for inclusion in the TOP database.
After FMS matches federal payment information with TOP database information, FMS will notify IRS of any matches and will specifically identify any debtors that are recipients of Social Security benefit payments.
Subsequently, IRS will send a notice of levy to FMS to reduce matched payments continuously at a rate of 15% until the debt is paid, until other satisfactory repayment arrangements are made, or until the expiration of the statutory collection period.
In February 2002, FMS began reducing the payment amounts of Social Security beneficiaries who owe a delinquent federal tax debt. The levied amount is sent to IRS, and the balance of the payment is sent to the taxpayer.
Levy Notification.
Before IRS transmits the electronic file to FMS, IRS will send each tax debtor a notice that will include the tax bill, a statement of the intent to levy, an explanation of an individual’s appeal rights, and an IRS telephone number for inquiries and assistance.
The notice, which will be sent by certified mail to the taxpayer’s last known address, will also inform the debtor that if repayment arrangements are made within 30 days, the levy will not proceed. IRS will send tax debtors who receive Social Security benefit payments an additional notice, providing another opportunity to make repayment arrangements.
To coincide with the timing of each payment, FMS will send a notice to the debtor explaining the reason for the reduced payment and giving a contact at IRS who will answer questions regarding the tax debt.
At any time, either before or after the levy process begins, a debtor may make repayment arrangements with IRS, which will then release the levy.
Implementation of this process.
Since implementation of the Tax Levy Program, the Internal Revenue Service has referred $126 billion in delinquent federal tax debt, of which $62.3 billion is available for matching. Of this amount, 1,379,129 debts representing $14.6 billion have been activated for tax levy. Tax levy collections through December 2002 were 593,232 levies for $101,380,953.
From January 1 through July 30, tax levy collections were 352,302 levies for $49,974,206. Compared to the same period in calendar year 2002, the number of tax levies has increased by 44 percent and dollar collections by 32 percent.
Program Outreach.
Prior to implementation, FMS sponsored a tax levy program workshop for agencies that refer delinquent debt for collection through TOP. At the workshop, FMS and IRS briefed program administrators and administrative staff and provided a forum for questions and answers. FMS and IRS have provided information about the continuous tax levy program to key House and Senate committee staff.
FMS, IRS, and SSA have also shared program information with federal labor unions, senior citizen organizations, as well as ethnic and faith-based organizations.
Independently, IRS will provide program materials to taxpayer practitioner organizations.
Call us today to find out how to get your tax levy released a removed on your Social Security benefit.
IRS Tax Levy on Social Security – Get Immediate Tax Levy Relief
