by Fresh Start Tax | Sep 19, 2012 | Back Taxes, Tax Levy and Wage Garnishments, Tax Returns
IRS filed my tax return and levied my Bank & Wages – Stop the IRS NOW – Fresh Start Tax LLC 1-866-700-1040
IRS files thousands and thousands of tax returns each year and most taxpayers have no idea IRS created valid tax assessments with the taxpayers owing large sums of money for these unfiled tax years.
A great majority of our calls to our office deal with taxpayers who have just received a notice from there employer or bank that their wages or bank accounts have just been levied.
Fresh Start Tax LLC is comprised of Board Certified Tax Attorneys, CPA’s and Former IRS agents who have over 206 years of professional tax experience.
We have 60 years of direct work experience at the IRS.
We can file correct tax returns, reduce your tax debt and get your bank or wage levy or garnishment released. 1-866-700-1040
Stop the worry and get started right now with a no cost consult.
The process – IRS can file you tax return under 6020 B of the IRC
Logistics of 6020 Processing
IRS can process a tax return under the provisions of IRC 6020(b) for a Individual or Business if:
1. The taxpayer appears to be liable for the return,
2. The taxpayer required to file the return does not file it,
3. Attempts to secure the returns from the taxpayer fail.
This is devastating to find out after you have little or no money to fight the problem.
IRS has the right to file a tax return for you if you have not filed a tax return.
When the IRS files your tax return for all purposes, the IRS literally has audited your tax return. To get the IRS to correct your tax return you must file a correct original tax return. When you have prepared your tax return you can ask IRS for a Audit Reconsideration.
Definition of an Audit Reconsideration
An Audit Reconsideration is the process the IRS uses to reevaluate the results of a prior audit where additional tax was assessed and remains unpaid, or a tax credit was reversed. If the taxpayer disagrees with the original determination he/she must provide information that was not previously considered during the original examination.
It is also the process the IRS uses when the taxpayer contests a Substitute for Return (SFR) determination by filing an original delinquent return.
Reasons you can ask for a Tax Audit Reconsideration. You can ask for a hearing if:
1. The taxpayer did not appear for the audit.
2. The taxpayer moved and did not receive the correspondence from the IRS.
3. The taxpayer has new documentation to present.
4. A taxpayer might request an audit reconsideration if:
5. The taxpayer disagrees with an audit assessment from an audit of his/her return.
6. The taxpayer disagrees with an assessment created under the authority of IRC Section 6020(b), Substitute for Return (SFR).
7. The taxpayer has been denied tax credits such as EITC claimed, during prior examination.
IRS filed my tax return and levied my Bank & Wages – Stop the IRS NOW – Fresh Start Tax LLC
The IRS will consider a release of bank levy or a wage levy garnishment release if you qualify.
You can call us today and find out the process on how to get an immediate release of bank or wage levy.
IRS will require a copy of the corrected tax returns. If it appears you will owe the IRS, the IRS require a documented financial statement to close the case and release the levy.
by Fresh Start Tax | Sep 18, 2012 | Back Taxes, Tax Returns
Over millions of taxpayers have there tax returns filed by the IRS. Under 6020B of the IRC, the IRS has the right to file both individual and business tax returns. When IRS files your tax return they will NOT be doing you a favor. IRS will use the highest amount possible in calculating your tax return.
By law the IRS may file a substitute return for you if you do not voluntarily file. A series of letters is first sent explaining the possible action IRS may take as part of the Substitute for Return Program.
If a substitute return has already been filed for you by the IRS, you should still file your own return to claim any additional items. The IRS will generally adjust your account to reflect the corrected figures.
Let Fresh Start Tax LLC file a correct tax return for you and lower your tax liability.
Fresh Start Tax LLC can represent you before the IRS and file original tax returns and reduce your liability as well as work out a tax settlement.
Stop your worry and let Former IRS agents completely resolve this situation.
Some of the consequences of not filing your tax return
Failure to file penalty.
If you owe taxes, a delay in filing may result in a “failure to file” penalty, also known as the late filing penalty, and interest charges.
The longer you delay the filing, the larger these penalties grow. It may result in penalty and interest charges that could increase your tax bill by 25 percent plus statutory interest.
Many taxpayers will lose a tax refund.
There is no penalty for failure to file if you are due a refund. However, you cannot obtain a refund without filing a tax return. If you wait too long to file, you may risk losing the refund altogether.
In cases where a return is not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund.
Earned Income Tax Credit – 3 year period.
Individuals who are entitled to the Earned Income Tax Credit must file their return to claim the credit even if they are not otherwise required to file. The return must be filed within three years of the due date in order to receive the credit.
Statutes of limitation.
After the expiration of the refund statute, not only does the law prevent the issuance of a refund check, it also prevents the application of any credits, including overpayment of estimated or withholding taxes, to other tax years that are underpaid.
On the other hand, the statute of limitations for IRS to assess and collect any outstanding balances does not start until a return has been filed.In other words, there is no statute of limitations for assessing and collecting the tax if no return has been filed.
It is imperative you address this situation because the IRS will follow up the assessment with Notices of Federal Tax Levy’s and Notices of Federal Tax Lien.
Call 1-866-700-1040 and speak directly to a friendly and affordable tax professional.
by Fresh Start Tax | Sep 17, 2012 | Back Taxes, IRS Tax Problem, Sales Tax
As former IRS agents we use to prepare hundreds of back tax returns for businesses and individuals who did not file back tax returns.
We are familiar with the process and we know how to exactly stop the IRS today.
We can take away your fear or worry you may have. We are “A” rated and friendly as well as affordable.
IRS has the right under 6020B of the IRC to file your back payroll tax returns for businesses who have failed to file payroll tax returns.
You can stop and IRS by calling our Fresh Start Tax offices today. 1-866-700-1040
This Non-Filer Program has been around for years and the IRS is actually beefing up enforcement on back payroll tax returns.
IRS will send out notices to businesses who have not filed back payroll tax returns and give you opportunity to file accurate and correct tax returns.
If you fail to comply the Ogden Utah Campus of the IRS will file you back tax returns for the business. IRS will use the highest tax figures possible to make your tax assessment as high as possible.
The back tax returns that are usually prepared under the provisions of IRC 6020(b):
1. Form 720 Quarterly Federal Excise Tax Return
2. Form 940 Employer’s Annual Federal Unemployment Tax Return
3. Form 941 Employer’s Quarterly Federal Tax Return
4. Form 943 Employer’s Annual Return for Agricultural Employees
5. Form 1065 U.S. Partnership Return of Income
6. Form 2290 Federal Use Tax Return on Highway Motor Vehicles
7. Form 944 Employer’s Annual Federal Tax Return
IRS also has the ability to file your individual tax return under this same tax provision.
The Substitute For Return (SFR) Program and its automated version, Automated Substitute For Return (ASFR) were developed to contact taxpayers who have not filed tax returns voluntarily and for whom income information is available to substantiate a significant income tax liability.
Internal Revenue Code Section (IRC) 6212 authorizes the Service to send a notice of deficiency when a taxpayer appears to have a filing requirement but does not comply by voluntarily filing a tax return.
How to stop the problem.
Fresh Start Tax LLC will secure a power of attorney and contact the IRS. We will immediately refile correct tax returns and settle your tax liability with the IRS.
It is critical all tax returns are filed and up to date. Also critical that you are making current tax deposits. IRS will not work with you unless your are currently making payroll tax deposits. IRS will ask for and require for an up to date verification of the monthly payroll tax deposits.
If you owe back taxes IRS will require a form 433A and a Form 433B and evaluate your case. Once IRS has reviewed your financial statement they will workout a tax settlement and a recommendation on your case to settle and close the matter.
Call us today and find the out more about this process. 1-866-700-1040.
SPEAK DIRECTLY TO A FORMER AND FRIENDLY IRS AGENT.
by Fresh Start Tax | Sep 16, 2012 | Back Taxes, Representation, Tax Relief
Tax Resolution, Back Tax Returns, Local Tax Representation – Former IRS – Miami, Ft. Lauderdale, West Palm – Affordable 954-492-0088
Hire Former IRS agents who worked out the local IRS South Florida district and regional offices.
We have over 60 years of direct working experience at the local South Florida IRS.
We know all the settlement formulas and tax strategies to get you the results you need.
Stop your worry today. We tell your the truth so you can get past this problem in your life.
We taught Tax Law at the IRS. Turn to former IRS agents who know the system.
Tax Resolution, Back Tax Returns
For a majority of taxpayers looking for a tax resolution firm there are many places to turn in South Florida and there are several solid professionals in our area.
The average tax payer looking for tax resolution work needs to have back tax returns prepared and also needs to have skilled professional tax representation to resolve there tax problem issue to save them the most amount of money.
So where do you turn for Tax resolution, Back Tax Returns and Tax Representation ?
THE MARKS OF A GOOD TAX RESOLUTION FIRM.
1. They have on staff Board Certified Tax Attorneys, CPA’s.
2. They have on staff Former IRS Agents,
3. They have had a local presence for a minimum of 5 years,
4.They have an “A” rating with the Better Business Bureau,
5. They have no complaints filed against there business.
6. They will offer a no cost professional tax consult with a certified tax professional.
7. They will flat fee there rates so you know all the costs connected with your tax case and tax issues.
Remember, not all cases can be settled for pennies on a dollar. As a matter of fact only 12,000 cases in the US were settled by the IRS last year for less than full value.
Each case is very different and no two case are the same. Face to face meetings are best practices for all involved.
We are available at any time for a no cost professional consult 954-492-0088. We are friendly and affordable.
If you have back tax returns and you have lost your tax records, we can easily reconstruct your tax returns and settle your case.
We are one of South Florida’s lead firms for tax resolution, back tax returns and tax representation.
Tax Resolution, Back Tax Returns, Local Tax Representation – Former IRS – Miami, Ft. Lauderdale, West Palm – Affordable
by Fresh Start Tax | Sep 5, 2012 | Back Taxes, IRS Payment Plans
IRS Payment Plans and different Options to pay back taxes.
The Internal Revenue Service makes it convenient for taxpayers to pay back taxes. It does not do any one a favor with the penalties and interest they charge however a good tax resolution company should be able to apply for a abatement of penalties and interest and get you some tax relief if you have a true reasonable cause.
Taxpayers can make monthly payments on their back taxes through a installment agreement. Making payments however does not stop the penalties and interest.
It is best you pay the tax as soon as possible.
Before you make application for a payment agreement make sure you do the following:
1. Make sure all your tax returns are filed and up to date,
2. IRS will ask you if you tried to borrow the money so make sure you have an answer for the agent asking the question. Most taxpayers simply do not have the ability to acquire a loan.
3. Make sure you know how much you want to pay back so the IRS does not talk you in to something you cannot afford.
4. Be familiar with the National Standards Program and how that relates to your income.
5. IRS will ask if your current withholding is adequate to cover this years taxes.
Fee for an installment agreement.
Pay the full amount you owe within 120 days to avoid the fee. If you cannot pay the full amount within 120 days, the fee for setting up an agreement is:
a. $52 for a direct debit agreement;
b. $105 for a standard agreement or payroll deduction agreement; or
c. $43 if your income is below a certain level.
Different types of IRS Payment Plans.
Under $50,000 – IRS Payment Plan
You may apply on line if you owe the IRS less than $50,000 including all penalties and interest. Many times it is beneficial to pay your liability down under the $50,000 mark so the IRS does not need a financial statement. You want to avoid the IRS roaming around your financial affairs.
Over $50,000 – IRS Payment Plan.
If you owe more than $50,000, you will also need to complete Form 433-F, Collection Information Statement (PDF) on our website. You will have to call the IRS and have the 433F completely documented. A IRS Agent on the other end of the phone line will ask you detailed questions about your financial life so be prepared.
Our recommendation is to have a tax professional involved so you get the agreement you want and not the one IRS will try to shove down your throat.
If you cannot afford a IRS Payment Plan you have two other options. You can:
1.Apply for a tax settlement called an Offer in Compromise or,
2. Apply for a hardship.
You can call us today for a no cost consultation. 1-866-700-1040.
by Fresh Start Tax | Sep 4, 2012 | Back Taxes, FBAR, Tax Lawyer, Tax Returns
FBAR Filing – Late, Past Due, Unfiled – File & Settle 1-866-700-1040
Do you have a late, past due or unfiled FBAR report you need to file?
Call us today and we can get you back in the system worry free. We can file your back, past due or late FBAR and settle your case with the IRS. 1-866-700-1040.
We are comprised of Tax Attorneys, CPA’s and Former IRS Agents. We know the IRS system inside and out. We have over 60 years of direct IRS work experience in the local, district and regional offices of the IRS. We also taught Tax Law at the IRS.
Late, Past Due, Unfiled FBAR Reports
If you have a late, past due, or unfiled FBAR reports the key is to contact the IRS before they contact you.
As a general rule IRS will not enforce criminal penalties if you contact them before they contact you. The key is letting IRS know you will be filing your tax returns. At this point it only becomes a civil matter.
As a general rule, we contact IRS by filing a power of attorney so you will never speak to the IRS. We handle all the negotiations and settle the case so you pay the lowest amount allowed by law including the abatement of penalties and interest if your case warrants.
Who needs to file FBAR
A person or individual who holds a foreign financial account may have a reporting obligation even though the account produces no taxable income.
How to file
Checking the appropriate block on FBAR- related federal tax return or information return questions (for example, on Schedule B of Form 1040, the “Other Information” section of Form 1041, Schedule B of Form 1065, and Schedule N of Form 1120) and filing the FBAR, satisfies the account holder’s reporting obligation.
FBAR is not filed with,
The FBAR is not filed with the filer’s federal income tax return. The granting, by the IRS, of an extension to file federal income tax returns does not extend the due date for filing an FBAR.
Due Date for FBAR
You may not request an extension for filing the FBAR. The FBAR is an annual report and must be received by the Department of the Treasury in Detroit, MI, at one of the two addresses below, on or before June 30th of the year following the calendar year being reported.
File by mailing the FBAR to:
United States Department of the Treasury
P.O. Box 32621
Detroit, MI 48232-0621
If an express delivery service is required for a timely filed FBAR, address the parcel to:
IRS Enterprise Computing Center
ATTN: CTR Operations Mail room, 4th Floor
985 Michigan Avenue
Detroit, MI 48226
Call us today for a no cost consultation and speak directly to a Tax Attorney or Former IRS agent 1-866-700-1040.
