by Fresh Start Tax | Dec 10, 2012 | Back Taxes, IRS Payment Plans, IRS Tax Debt, Tax Settlements
IRS Back Tax Payment Plan – Payment Plans, IRS Tax Settlements – Former IRS Agents Firm
If you need a Back Tax Payment Plan or if you think you are eligible for a IRS Tax Settlement contact us today for a no cost professional tax consult. 1-866-700-1040.
Hear the truth about your case from a tax firm that has over 205 years of professional tax experience and over 60 years of direct IRS work experience.
We were former IRS Agents, Managers and Instructors. We worked out of the local, district and regional offices of the IRS.
We know all the tax policy systems and settlement procedures.
With the New Fresh Start Program started by the IRS this year IRS is finally in the business of accepting back tax settlements which are called offers in compromise. Each and every taxpayer that owes back taxes should find out whether or not they are eligible for a IRS Tax settlement. It takes no more than 5 minutes to find out if your are a tax settlement candidate.
An offer in compromise allows you to settle your IRS tax debt for less than the full amount you owe. It may be a legitimate option if you cannot pay your full tax liability or doing so creates a financial hardship.
IRS will consider your unique set of facts and circumstances. There are no two cases the same. Each offer is evaluate on its own set of fact patterns.Offers are general based on the following four criteria:
a. Ability to pay back IRS,
b. Current income,
c. Current expenses and,
d. Distrait Equity in Assets.
Simply fill out a 433A and send it to our offices and we will determine if a IRS tax settlement called an offer in compromise is right for you.
IRS Payment Plans on Back Taxes
You can make monthly payments through an installment agreement or part pay agreement if you are not financially able to pay your tax debt immediately.
You will reduce or eliminate the amount of penalties and interest you pay and avoid the fee associated with setting up an installment agreement if you pay your tax bill in full.
Before you apply for a back payment plan you need to :
a. File all required tax returns;
b. Consider other sources (loan or credit card) to pay your tax debt in full to save money;
c. Determine the largest monthly payment you can make ($25 minimum); and
d. Know that your future refunds will be applied to your tax debt until it is paid in full.
Fees or Costs for setting up an installment agreement or payment plans:
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.
Understand your back tax payment plan agreement should you avoid default
You must:
a. Pay at least your minimum monthly payment when it’s due (direct debit or payroll deductions make this easy),
b. Include your name, address, social security number, daytime phone number, tax year and return type on your payment,
c. File all required tax returns on time,
d. Pay all taxes you owe in full and on time. Contact the IRS to change your existing agreement if you cannot,
e. Continue to make all scheduled payments even if we apply your refund to your account balance and,
f. Ensure your statement is sent to the correct address, contact us if you move or complete and mail Form 8822, Change of Address.
If you do not receive your statement, send your payment to the address listed in your IRS agreement.
There may be a reinstatement fee if your agreement goes into default.
Penalties and interest continue to accrue until your balance is paid in full. If you are in danger of defaulting on your payment agreement for any reason, contact the IRS immediately.
The IRS will generally not take enforced collection actions:
1. When an installment agreement is being considered;
2. While an agreement is in effect;
3. For 30 days after a request is rejected.
IRS enforcement action.
If you fail to met the terms of a back tax payment plan the IRS can or will:
1. File a Notice of Federal Tax Lien,
2. File a Notice of Tax Levy on your bank account or wages,
3. File a Notice of Garnishment on your Wages.
IRS Back Tax Payment Plan – Payment Plans, IRS Tax Settlements – Former IRS Agents Firm 1-866-700-1040
by Fresh Start Tax | Dec 7, 2012 | Back Taxes, Tax Settlements
Tax Programs – Settle IRS Tax Debts on Back Taxes – Attorneys, Former IRS – We get results
The specific program to Settle Back IRS Tax Debt is called the OIC or the Offer in Compromise.
I was a Former IRS Offer in Compromise Tax Specialist at the IRS. I taught Offer Program to new IRS agents and also taught the Program at the IRS Regional Training Center.
I am a Tax Expert in IRS Debt Settlement.
Fresh Start Tax LLC will give you a no cost professional tax consultation to see if you qualify for the PROGRAM. 1-866-700-1040
A CAUTION – Do not give your money to any tax firm that tells you they can settle for pennies on a dollar unless they completely review your current financial condition and you fill out a 433OIC. No one can tell you in good faith you can settle your tax debt until you make a financial disclosure to make sure you meet the term and conditions of a Offer in Compromise.
Do not get ripped off by scam companies. Check them out first!
I have reviewed hundred upon hundreds of Offer in Compromise and the program is very specific and detailed however if you qualify you will be a very happy person.
Today the National Average of acceptance is the highest it has ever been. 30% of all offers in compromise are accepted by the IRS.
The IRS Offer in Compromise or IRS Tax Debt Settlement Program
An offer in compromise allows you to settle your IRS tax debt on back taxes for less than the full amount you owe.
It is a legitimate option if you cannot pay your full IRS tax liability or doing so creates a financial hardship.
The IRS will consider your unique set of facts and circumstances. Each case is different and no two cases are the same.
IRS will evaluate your settlement offer on back taxes based on some of the following:
a. Ability to pay back the IRS;
b. Current Income;
c.Monthly Expenses and,
d. Equity in all your assets.
IRS generally will approve an offer in compromise when the amount offered represents the most IRS can expect to collect within a reasonable period of time.
The Offer in Compromise program is not for everyone.
Make sure you are eligible to settle your back taxes.
Before the IRS will consider your offer in compromise you must be current with all filing and payment requirements.
You are not eligible to settle IRS Tax Debt on Back Taxes if you are in an open bankruptcy proceeding.
To Submit your Offer in Compromise
You will need to complete a;
a. Form 433-A (OIC) (individuals) or
b. 433-B (OIC) (businesses) and all required documentation as specified on the forms,
c. Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656,
d. $150 application fee (non-refundable); and
e. Initial payment (non-refundable) for each Form 656.
Select a payment option to settle with the IRS
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.
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 offer in compromise process to settle IRS tax debt.
While your offer is being evaluated:
a. 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);
b. A Notice of Federal Tax Lien may be filed;
c. Other collection activities are suspended;
The legal assessment and collection period is extended;
d. Make all required payments associated with your offer;
e. You are not required to make payments on an existing installment agreement; and
Call us today to find out if you qualify for the Offer in Compromise Program 1-866-700-1040 Free initial consult. Speak directly to a professional.
Tax Programs to Settle IRS Tax Debt on Back Taxes – IRS Attorneys, Former IRS – We get results – Offer in Compromise
by Fresh Start Tax | Dec 2, 2012 | Back Taxes, New Jersey Tax, Tax Settlements
File Back Tax Returns, Settle Back Tax – Tax Attorneys, Former IRS- Upper Montclair, Cedar Grove, West Orange, Ridgewood, Mendham, Franklin Lakes, Newark, Bernardsville – New Jersey
Fresh Start Tax LLC – New Jersey
209 Cooper Ave,
Upper Montclair, NJ 07043 1-866-700-1040
Hire local IRS tax representation to file you back, late, or past due tax returns and settle your back taxes all at the same time.
We are comprised of Tax Attorneys, Tax Lawyers and Former IRS Agents and Managers.
We have over 60 years of direct experience at the IRS.
We have successfully represented thousands of taxpayers with back tax issues and tax settlements.
All first time consultation are free 1-866-700-1040. Call us, we are friendly and affordable.
IRS Tax Settlements and Back Tax.
This process is called An offer in compromise that allows you to settle your tax debt for less than the full amount you owe.
It may be a legitimate option if you cannot pay your full tax liability, or doing so creates a financial hardship.
IRS will consider your unique set of facts and circumstances:
1. Ability to pay,
2. Income,
3. Expenses and,
4. Asset equity.
IRS will generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.
Filing Back taxes, you should file before the IRS files your back tax returns
If you do not file your back tax returns the IRS can file for you and this will spell trouble. The IRS will use the highest standard that they can and create a valid tax assessment made up of your income and no expenses.
If you do not follow up and ask for a tax reconsideration the IRS can follow that up with the filing of a Federal Tax Lien, a Bank Levy or a Wage Garnishment.
It is imperative you rectify these issues before the IRS enters the assessment phase.
Call us today for more details. 1-866-700-1040.
IRS can prepare your tax return under 6020B of the IRM
IRC 6020(a)
You can bring the information in to the IRS and they can prepare your return.
If the taxpayer will consent to disclose all information necessary for the preparation of the return(s), IRC 6020(a) states,
“… the Secretary may prepare such return, which, being signed by such person, may be received by the Secretary as the return of such person.”
This does not include the taxpayer signing a waiver of restriction on assessment (e.g., Form 4549, Income Tax Examination Changes, or Form 870, Waiver of Restrictions on Assessment & Collection of Deficiency in Tax & Acceptance of Over-assessment,) which does not constitute a return under IRC 6020(a).
Delinquency penalties are applicable.
Under IRC 6020(b)
Those who willfully fail to file.
IRC 6020(b) states, “If any person fails to make any return required by any Internal Revenue Law or regulation made there under at the time prescribed therefore, or makes, willfully or otherwise, a false or fraudulent return, the Secretary shall make such return from his own knowledge and from such information as he can obtain through testimony or otherwise.”
IRC 6020(b)(2) states,
“Any return so made and subscribed by the Secretary shall be prima facie good and sufficient for all legal purposes. This is an SFR or substitute for Tax Return.
File Back Tax Returns, Settle Back Tax – Tax Attorneys, Former IRS – Upper Montclair, Cedar Grove, West Orange, Ridgewood, Mendham, Franklin Lakes, Newark, Bernardsville – New Jersey
by Fresh Start Tax | Nov 28, 2012 | Back Taxes
IRS can prepare your Back, Late Tax Returns – This is Bad News – We can STOP IRS, Former IRS Agents
We are comprised of Attorneys, Lawyers, Former IRS agents who know the system and can provide you tax solutions and remedies for your IRS tax issues.
We have over 60 years of direct IRS work experience in the local, district and regional offices of the IRS. 1-866-700-1040.
Most taxpayers have no idea that the IRS can prepare your tax returns and the IRS is a terrible preparer of back or late tax returns. You will be ripped off.
The IRS can do a substitute for Return or a SFR to prepare back or late tax returns.
They will do you not favors and they will make sure you pay the highest amount of tax possible allowed by Law.
You can stop this process by calling us directly. We can explain the process and lower your tax bill. IRS will immediately reduce your tax bill to the fair and correct amount.
You can ask for a Tax Reconsideration Hearing
If this has happened to you, you have the right to ask IRS for a tax reconsideration by filing a correct original tax return. These reconsideration cases are reworked and reviewed by the Fresno IRS Campus.
If this has happened to you call us today and should be able to greatly reduce your IRS tax bill on your back or late filed tax returns.
Rule of Law and the right for the IRS to prepare your back or late tax returns.
If the taxpayer will consent to disclose all information necessary for the preparation of the return(s), IRC 6020(a) states, “… the Secretary may prepare such return, which, being signed by such person, may be received by the Secretary as the return of such person.”
This does not include the taxpayer signing a waiver of restriction on assessment (e.g., Form 4549, Income Tax Examination Changes, or Form 870, Waiver of Restrictions on Assessment & Collection of Deficiency in Tax & Acceptance of Over-assessment,) which does not constitute a return under IRC 6020(a).
Delinquency penalties are applicable. See IRM 20.1.2, Failure To File- Failure To Pay Penalties.
IRS can prepare your Back, Late Tax Returns – This is Bad News – We can STOP IRS, Former IRS – Fresh Start Tax LLC
IRM Section – 4.12.1.8.2.1 (10-05-2010)
IRC 6020(b)
IRC 6020(b) states, “If any person fails to make any return required by any Internal Revenue Law or regulation made there under at the time prescribed therefore, or makes, willfully or otherwise, a false or fraudulent return, the Secretary shall make such return from his own knowledge and from such information as he can obtain through testimony or otherwise.”
IRC 6020(b)(2) states,
“Any return so made and subscribed by the Secretary shall be prima facie good and sufficient for all legal purposes.” this means the IRS can create a legal tax return and then take the necessary enforcement action such as a tax lien, a tax levy or a garnishment of wages. these notices must be addressed.
This is an SFR or a substitute for return.
See IRM 20.1.2, Failure To File/Failure To Pay Penalties, to determine applicable penalties.
by Fresh Start Tax | Nov 27, 2012 | Back Taxes, Tax Returns
File Back Tax Returns – How the IRS will find you, Former IRS – Fresh Start Tax LLC 1-866-700-1040.
For the record you can file back tax returns without fear.
Call us today and we can explain this worry free process. We have filed thousands of back returns without cause. Do not be afraid to come forward. You can settle your tax bill all at the same time.
As Former IRS Agents, Managers and Instructors we know the process . Stop the worry today. We have over 60 years with the IRS.
Sooner or later the IRS will find out you have not filed tax returns. Everyone at some point will have to come out of the closet and come clean.
Being a Former IRS Agent and teaching instructor I can tell you the IRS has been very active to bring each and every taxpayer into full tax compliance.
The IRS through Obamacare has done three things that will make sure this takes place.
They are planning to :
1. Hire over 15,000 IRS agents,
2. Have public stated that tax compliance is a major issue,
3. Are developing software systems to find non filers.
IRS will find most non-filers through their CADE 2 computer system and cross referencing searches with different government agencies.
How IRS identifies non-fliers
The IRS has existing data and programs that can assist in identifying such persons and businesses, such as:
1. Matching programs through 1099s and w-2’s,
2. Whistle blower program,
3. Report of Foreign Bank and Financial Accounts (FBAR),
4. Currency transaction reports,
5. Estate tax returns,
6. K-1 reporting,
7. State sales tax and unemployment tax filings,
8. Credit card information,
9. Professional license renewals,
10. Loan applications such as DMV and through credit card applications.
Filing Back Tax Returns – The process of filing back or unfiled tax returns:
If you have unfiled, back or past due tax returns, this is the process Fresh Start Tax LLC uses to get current with the IRS and get you immediate and permanent tax relief so you do not have to worry.
1. Fresh Start Tax LLC will verbally review a year by year history of your income and expenses,
2. We review any records you may have and find deductions that will lower your tax bill,
3 We pull all IRS information that they have received from 3rd party sources that have been placed on the IRS computer system over the past 6 years,
4. If you have lost all your records we have easy and simple forms that can help you reconstruct your tax return,( we have reconstructed thousands of returns )
5. We can prepare through years of experience a “reconstructed” tax return that the IRS will accept and process,
6. We review all returns for accuracy with the client and send them into the IRS,
7. We work out a settlement agreement with the IRS to permanently resolve your IRS matter once and for all.
File Back Tax Returns – How the IRS will find you, Former IRS – Fresh Start Tax LLC
by Fresh Start Tax | Nov 27, 2012 | Back Taxes, IRS Tax Debt, Tax Lawyer
File Back Tax Years – Settle with IRS – Former IRS, Attorneys, Lawyers – Fresh Start Tax LLC – A plus rated BBB
Have Former IRS Agents, Attorneys or Tax Lawyers file your back tax years and settle your case all at the same time.
Stop the worry today. That is what we are here for. 1-866-700-1040
We have over 205 years of professional tax experience and over 60 years of direct IRS work experience including working the offer in compromise program at the IRS.
We also taught Tax Law and settlements at the IRS.
Most of the clients we receive at our firm and taxpayers are those who have not filed multiple years and want to settle with the IRS to get their lives back in order.
This is the best time to settle your tax case only because of the new FRESH START PROGRAM of the IRS.
IRS thru the Commissioner, has let the public know it wants to deal and settle back tax debt through the Offer in Compromise Program.
This was not the case till this year. As a Former IRS Agent we tried not to accept offers because of the work required and the fact management never want us to put much time in them. Offers take over 20-30 hours to work.
Most taxpayers can now qualify through the Streamline Offer Process.
The Streamlined Offer in Compromise process includes:
a. Fewer requests for additional financial information,
b. If necessary, requests for additional information by phone, not by mail,
c. Greater flexibility when considering your ability to pay.
The changes to financial analysis add more flexibility to the OIC process including:
a. Greater flexibility in determining the equity in assets,
b. Greater flexibility in determining the allowable living expenses,
c. Reducing the amount of future income included in the offer,
d. Decreased time frame to complete the OIC payment process to two years.
At Fresh Start Tax LLC we can file your back tax returns with little or no records. Being Former IRS Agents we have reconstructed thousands of back tax returns. We ill then review your case to see if you qualify for a IRS tax settlement. You must qualify to settle with the IRS.
You will received a free tax consults on the IRS settlement procedures. 1-866-700-1040.
You will need to complete a 433OIC to begin the process.
At some point you must start filing your back tax years because the IRS is taking a aggressive posture on non filers. IRS is instituting program to do so.
How IRS identifies non-fliers.
The IRS has existing data and programs that can assist in identifying such persons and businesses, such as:
1. Matching programs through 1099s and W-2s,
2. Whistle blower program,
3. Report of Foreign Bank and Financial Accounts (FBAR),
4. Currency transaction reports,
5. Estate tax returns,
6. K-1 reporting,
7. State sales tax and unemployment tax filings,
8. Credit card information,
9. Professional license renewals,
10. Loan applications,
11. Lists of membership in chambers of commerce or trade groups,
12. Spousal information.
Call us today and see how easy it is to file back taxes and settle with the IRS.
File Back Tax Returns – Settle with IRS – Former IRS, Attorneys, Lawyers
