by Fresh Start Tax | Jul 6, 2012 | Back Taxes, Expatriate Tax, Income Tax Preparation, Representation, Tax Lawyer, Tax Settlements
Expatriate Filing Back Taxes – IRS Tax Experts – Attorneys, CPA, Former IRS –
Do you need to file back, unfiled, delinquent, past due or late tax returns?
Call us today for a no cost professional tax consult and speak directly to a Former IRS agent, Tax Attorney or CPA. You will speak directly to a tax expert.
At most firms you speak directly to sales persons who size you up for a fee, with Fresh Start Tax L.L.C. you will be speaking directly to a tax professional who will answer your questions and prepare your tax returns if necessary.
Call us today to find out if you need to file a tax return. We call review your tax situation for free to see if you need to be concerned.
WE WILL GO OVER THE FOLLOWING QUESTIONS WITH YOU.
1.Who needs to file?
2.Do I need to file a State Return?
3.How do I report foreign bank accounts (FBAR)?
4.What is the story with Form 8938 (Statement of Foreign Financial Assets)?
5.What is the Foreign Earned Income Exclusion?
6. What is the Foreign Tax Credit?
7.What is the Foreign Housing Allowance?
8.How do I qualify as an expat?
9.Does being self-employed change tax obligations?
10.What about expat taxes for non-residents?
The expatriation tax provisions under Internal Revenue Code (IRC) sections 877 and 877A apply to US citizens who have renounced their citizenship and long-term residents (as defined in IRC 877(e)) who have ended their US resident status for federal tax purposes. Different rules apply according to the date upon which you expatriated.
by Fresh Start Tax | Jul 5, 2012 | Back Taxes, IRS Tax Problem, Representation, Tax Help, Tax Lawyer
Tax Representation Firm – Miami, Ft.Lauderdale, Palm Beach – Tax Attorneys, CPA’s, Former IRS 954-492-0088
We are a Professional Tax Representation Firm. We have been serving the South Florida, Miami, Ft.Lauderdale, Palm Beach area since 1982.
We have worked out of the local South Florida IRS Offices for over 60 years.
We have also taught Tax Law at the IRS.
We are comprised of Tax Attorneys, Lawyers, CPA’s, and Former IRS Agents. Call 954-492-0088.
It is very important to hire a local tax representation.
Also, it is always best for a taxpayer/ client to met with the tax firm and or the professional persons that will be involved with working and closing your individual case. Face to face meetings are a must to get a feel for the firm and the personalities.
What to look for in a Tax Representation Firm.
1. Years of professional tax experience,
2. Work experience of the staff and those assigned to your case,
3. Direct IRS knowledge of collection and tax audit cases,
4. BBB rating of the tax firm,
5. Fees or professional costs involved,
6. Any professional tax firm will not guarantee a fixed result.
7. Local IRS knowledge.
We are available for a no cost professional tax consultation by office visit or by telephone.
Areas of Professional Tax Representation 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 Representation Firm
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 90.3 FM and Reach FM Monthly Radio Show-Business Weekly
Tax Representation Firm – Miami, Ft.Lauderdale, Palm Beach – Tax Attorneys, CPA’s, Former IRS
See our Home Page for more details Thank you
by Fresh Start Tax | Jul 4, 2012 | Back Taxes, FBAR, IRS Tax Problem, Representation, Tax Lawyer, Tax Returns
FBAR Filings – Free Tax Advice – Tax Attorneys, Lawyers – Former IRS
There are many questions regarding the filing of FBAR and making Voluntary Disclosures to the IRS.
There are also various opinions on how this should be done.
It is always best to speak directly to a tax attorney, tax lawyer or Former IRS Agent to go over all your tax options regarding FBAR and Voluntary Disclosure.
We are a professional tax firm specializing in FBAR and ExPat cases.
These are two of the most common questions asked:
1. Why should I make a voluntary disclosure?
Taxpayers with undisclosed foreign accounts or entities should make a voluntary disclosure because it enables them to become compliant, avoid substantial civil penalties and generally eliminate the risk of criminal prosecution.
Making these voluntary disclosure also provides the opportunity to calculate, with a reasonable degree of certainty, the total cost of resolving all offshore tax issues.
Taxpayers who do not submit a voluntary disclosure run the risk of detection by the IRS and the imposition of substantial penalties, including the fraud penalty and foreign information return penalties, and an increased risk of criminal prosecution.
The IRS along with different countries are putting in tax treaties to deal with the problem of unreported FBAR based on bank account information they are currently receiving.
Due to recent funding the IRS is ramping up CADE 2, the new IRS computer system that will help full compliance.
It is in the best interest to all taxpayers to find the IRS before they find you.
2. What is the IRS’s Voluntary Disclosure Practice?
The Voluntary Disclosure Practice is a longstanding practice of IRS Criminal Investigation of taking timely, accurate, and complete voluntary disclosures into account in deciding whether to recommend to the Department of Justice that a taxpayer be criminally prosecuted.
It enables non compliant taxpayers to resolve their tax liabilities and minimize their chances of criminal prosecution. When a taxpayer truthfully, timely, and completely complies with all provisions of the voluntary disclosure practice, the IRS will not recommend criminal prosecution to the Department of Justice.
The general rule of thumb, file first and beat criminal prosecution.
FBAR & Voluntary Disclosure – IRS FBAR Tax Relief – Tax Experts – Tax Attorneys, CPA’s, Former IRS
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 90.3 FM Monthly Radio Show-Business Weekly
by Fresh Start Tax | Jul 4, 2012 | Back Taxes, Expatriate Tax, FBAR, IRS Tax Advice, Tax Lawyer, Tax Returns
At Last, a tax reprieve on foreign income reporting and filing your back tax returns, well maybe.
American that live abroad will get a reprieve from the IRS this year on reporting on foreign assets.
The IRS said it will allow some United States citizens, including dual citizens, who have not filed income tax returns or not disclosed their foreign bank accounts, to come forward without facing onerous penalties or the threat of prosecution.
This is what the IRS calls a tax amnesty of sorts.
The Internal Revenue Service said the reprieve, to begin Sept. 1, would also apply to U.S. expatriates with foreign retirement plans, including Canadian ones.
But read the fine print on this one! ( Only low risk compliance taxpayers are invited to this party )
The optional procedure just announced is available only to Americans who owe little or no back taxes, not to those who have squirreled away substantial amounts in secret offshore accounts that they have knowingly failed to disclose to the IRS.
This announcement is for small type of taxpayers.
If you are not sure what categorize you fall in you may want to call us for a no cost professional tax consultation. 1-866-700-1040.
The IRS statement said the new guidelines were for “low compliance risk” taxpayers, generally people who have simple returns and owe $1,500 or less in tax for any covered years. Yes, this is for the low end of taxpayers.
IRS is about to pound this area of non-compliance due to the very fact that the Offshore Program over the past years has brought in a kings ransom to the IRS, a whooping $4 Billion Large. IRS will not stop.
It also follows complaints by tax lawyers that many U.S. expatriates have been unaware of the new rules on tax returns and disclosure of foreign bank accounts.
IRS feels that many of these taxpayers were not willful tax evaders, but simply uninformed about filing returns and, if needed, disclosures known as Foreign Bank and Financial Account Reports, or FBARs.
Many taxpayers were just plain ignorant of the tax laws and the IRS does not intend to hurt this type of taxpayer.
The IRS said that under the new procedures, taxpayers would have to file delinquent tax returns for the past three years and delinquent FBARs for the past six years.
The IRS said “higher compliance risk” taxpayers would be subject to a more thorough review and, potentially, an audit or a referral to CI or Criminal Division Review.
The IRS also said taxpayers would be barred from the disclosure program if they challenged in foreign courts the disclosure of their accounts while failing to inform the U.S. Justice Department of such challenges.
You can expect the IRS to being a full court press from now on, they plan for bleed this Offshore Program for as much as it can.
As a result of the Obama-Care Program the IRS will be given $500 million for budgetary purposes.
You better attorney up if need be. If you are in full compliance no need to worry.
Call us for a free tax consult for tax advice.
We are staffed with Tax Attorneys, Tax Lawyers, CPA’s and Former IRS agents. 1-866-700-1040
by Fresh Start Tax | Jul 2, 2012 | Back Taxes, IRS Tax Problem, Representation, Tax Help, Tax Lawyer
IRS Help – Ft.Lauderdale, Miami, Palm Beach – Former IRS, Attorneys, CPA’s – IRS Tax Experts 954-492-0088
If you are looking for IRS tax help it only makes sense to hire former IRS agents, managers and tax instructors. We have over 60 years of working directly for the IRS and the local South Florida office as agents, instructors, managers, and former IRS appellate agents.
Hire Former Local IRS Agents who taught Tax Law at the IRS.
If you are looking for IRS Tax Help in Ft. Lauderdale, Miami or the Palm Beaches you may want to call Fresh Start Tax L.L.C. 954-492-0088 your Local Tax Firm.
We are comprised of Former IRS Agents, Managers and Teaching Instructors who worked out of the local South Florida IRS offices for over 60 years.
We have a combined 205 years of total IRS work experience. We are the premier tax firm in Ft. Lauderdale, Miami, and the Palm Beaches for IRS Help.
We taught Tax Law out of the local district and regional IRS offices.
We have on staff Tax Attorneys, Tax Lawyers, CPA’s and Former IRS Agents.
We are a IRS Tax Specialty Firm specifically dealing with all State and Federal Tax Issues. We offer IRS Help for any type of IRS back tax problem.
You may call us for a no cost professional tax consultation or visit our offices.
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
- IRS Help
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 90.3 FM Monthly Radio Show-Business Weekly
IRS Help – Ft.Lauderdale, Miami, Palm Beach – Former IRS, Attorneys, CPA’s – IRS Tax Experts
by Fresh Start Tax | Jul 1, 2012 | Back Taxes, Income Tax Preparation, Representation, Tax Lawyer, Tax Returns
IRS Tax Representation for U.S. Citizens and Resident Aliens Living Abroad
We are “World Wide IRS Tax Experts comprised of Tax Attorneys, Former IRS Agents.
For United States Citizens and Resident Aliens Abroad
If you are a United States citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad.
Did you know that your world wide income is taxable?
If you are a U.S. citizen or resident alien residing overseas, or are in the military on duty outside the U.S., on the regular due date of your return, you are allowed an automatic 2-month extension to file your return and pay any amount due without requesting an extension.
We also can file any and all back tax years and unfiled tax returns.
Extension Period.
For a calendar year return, the automatic 2-month extension is to June 15.
If you are unable to file your return by the automatic 2-month extension date, you can request an additional extension to October 15 by filing Form 4868 before the automatic 2-month extension date. However, any tax due payments made after June 15 will be subject to both interest charges and failure to pay penalties.
Where to File
If you are a U.S. citizen or resident alien (Green Card Holder) and you live in a foreign country, mail your U.S. tax return to:
Department of the Treasury
Internal Revenue Service Center
Austin, TX 73301-0215
USA
Estimated tax payments should be mailed with form 1040-ES to:
Internal Revenue Service
P.O. Box 1300
Charlotte, NC 28201-1300
USA
The Tax Law.
1. Taxpayers with an AGI (Adjusted Gross Income) of $57,000 or less can electronically file their tax return for free using free file.
2. Taxpayers with an AGI greater than $57,000 can either use the Free File Fillable Forms or e file by purchasing commercial software. A limited number of companies provide software that can accommodate foreign addresses. To determine which will work best for you, get help choosing a software provider.
If you are looking for a Professional Tax Firm and for IRS tax Representation call us today for a no cost consult.
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
- International Tax Practice
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 90.3 FM Monthly Radio Show-Business Weekly
- International Tax Attorney/Lawyer
