by Fresh Start Tax | Jun 18, 2012 | Back Taxes, Income Tax Preparation, Installment Agreements, IRS Tax Problem, Offer in Compromise, Representation, Tax Help, Tax Lawyer, Tax Returns
If you are a Ex Pat and you need to file your late, back, past due or unfiled tax returns call us today for a free tax consult and get rid of the worry you are dealing with.
We handle all contact with the IRS and you will never speak to them. We fully prepare all back income tax returns and work out a tax settlement if necessary.
Being comprised of Board Certified Tax Attorneys, CPA’s and Former IRS agents we have over 205 years of professional tax experience and over 60 years of working directly for the IRS in the local, district and regional offices of the IRS.
We can not only file all of your back returns we can settle all back tax debt should you owe money to the IRS.
What to do if you have not filed an Income Tax Return:
Among the various new requirements contained in IRC 877 and 877A, individuals that renounced their US citizenship or terminated their long-term resident status for tax purposes after June 3, 2004 are required to certify to the IRS that they have satisfied all federal tax requirements for the 5 years prior to expatriation.
If all federal tax requirements have not been satisfied for the 5 years prior to expatriation, even if the individual does not meet the monetary thresholds in IRC 877 or 877A, the individual will be subject to the IRC 877 and 877A expatriation tax provisions.
Individuals that have expatriated should file all tax returns that are due, regardless of whether or not full payment can be made with the return. Depending on an individual’s circumstances, a taxpayer filing late may qualify for a payment plan.
All payment plans require continued compliance with all filing and payment responsibilities after the plan is approved.
We handle and settle all FBAR cases with true experienced tax professional.
Call today and speak directly to a Tax Attorney. 1-866-700-1040
by Fresh Start Tax | Jun 1, 2012 | Back Taxes, Installment Agreements, IRS Payment Plans, IRS Tax Debt, IRS Tax Problem, Offer in Compromise, Tax Lawyer, Tax Levy and Wage Garnishments, Tax Settlements, Uncategorized
IRS, Tax Levy and Unfiled Tax Returns – How to get IRS off your back 1-866-700-1040
Have Former IRS Agents get your tax levy released and file all your back tax returns. We are tax experts. We are fast and affordable.
One of the largest concerns for taxpayers who have just received one of 3.8 million tax levies the IRS sends out a year is ” How do I get IRS off my back and my tax levy released?”
A good estimate is that there about 20 million taxpayers out there with unfiled tax returns and at some point the IRS just catches up. Tax levies are coming!
The IRS enforcement computer called CADE catches up to all taxpayers.
How to deal with the IRS and get them of your back.
IRS does not want to levy. They do not want to send out bank levies and wage levies or tax garnishments. We have a voluntary system of compliance. When taxpayers do not respond to IRS letters, notices and the filing of their tax returns, IRS has no choice but to let the computer system follow up with enforced compliance.
With that said, you can get the IRS off your back quite easily.
The easiest way of course is to hire a tax professional who knows there way around and through the system and can easily resolve the situation. A tax professional will handle the case in this fashion.
In regarding to past due, late, unfiled, back or delinquent tax returns.
The Internal Revenue Service will not usually release bank or wage garnishment levies until all tax returns are filed.
The levy serves as an enforcement tool to make sure IRS gets what IRS wants. IRS will hold their position on this issue and want all tax returns in their hands until it will release the bank or wage levy garnishments.
Waste no time, get tax returns prepared and filed immediately. The longer you wait the longer the bank or wage levy will usually stay in place.
We make sure the tax returns are sent to the agent handling the case so the tax returns do not get caught up in the system. IRS can lose track of the returns easily.
After all tax returns are sent to the IRS, the Service will want to review your current financial statement. The financial statement the 433A, 433F is the crucial element to the way your case will be closed by the IRS to end your tax problem. Tax relief will be coming soon, be patient.
IRS will expect a documented financial statement. After a review of the financial statement IRS will close your case in one of the following three ways:
1. IRS will put your case in hardship or currently uncollectible which means IRS has determined you have no money to pay them at the current time. Penalties and interest will continue to run and your case will works its way back to the computer system in a couple years. IRS notice and letters will start up somewhere down the road.
2. If you show and ability to pay the IRS back taxes, IRS will insist on the payment plan, installment plan or streamline agreement.
3. IRS will consider a Offer in Compromise or a tax debt settlement.
It is not wise for any taxpayer to file on Offer in Compromise on there own.
There is much involved and I should know. I am a former IRS Agent and teaching Instructor with the IRS. Offers in Compromise are complicated and there is much skill required to have a successful offer accepted.
In summary the keys to getting the IRS off your back:
1. Make sure all tax returns are filed and you are current on all withholding
2. Make sure you have a proper documented 433A, 433F so IRS can close your case,
3. Have a plan B.
We are staffed with former IRS Agents, CPA’s and Board Certified Tax Attorneys.
Call us today to end your tax problem, get immediate tax relief and get your life restored.
IRS, Tax Levy and Unfiled Tax Returns – How to get IRS off your back
by steve | Feb 28, 2012 | Installment Agreements, IRS Payment Plans, Tax Help
Does the IRS want a 433F from you? Do not fall into that trap! Use caution.
Use caution before giving that 433F financial statement to the Internal Revenue Service.
Most taxpayers have no clue what they are doing when sending a 433F to the IRS.
I should know. I am a former IRS agent and collections officer with the IRS. I also was a teaching instructor with the IRS.
I felt sorry for taxpayers who walked in or called the IRS on there own. It was almost stealing candy from a baby. You are walking into a trap.
Why?
IRS is a collection agency. They are not here to help the taxpayer. The taxpayer has no idea what IRS is looking for and more importantly they have no standard to judge whether the IRS Agent in the office or on the telephone is acting in the best interest of the taxpayer.
The fact of the matter is very simple, the IRS Agent is only acting in the governments best interest.
What is the 433F going to tell the IRS?
Everything!
You are giving the IRS a road map of your financial life and possible levy and seizure sources. IRS has very strict requirements on how it will work and close cases. Everything the IRS does as far as the collection division is tied into assets and the national standard expenses.
Many taxpayers believe they are in a financial hardship or a payment candidate however when the national standards are applied, the taxpayer has a wake up call. They find themselves behind the 8 ball and making a large payment to the IRS because of the 433F.
Remember, the only thing the IRS is looking at is assets and income, your liabilities are of no concern to the IRS. Your 433F Financial Statement is their road map to your pocket book. Let a tax professional give the IRS your 433F.
The National Standards and the 433F.
IRS Collection Financial Standards are intended for use in calculating repayment of delinquent taxes. These Standards are effective on March 1, 2011 for purposes of federal tax administration only. Expense information for use in bankruptcy calculations can be found on the website for the U.S. TRUSTEE program
National Standards have been established for necessary expenses: food, housekeeping supplies, apparel and services, personal care products and services, miscellaneous, housing and utilities, medical, transportation and a handful of other items. Each taxpayer must fit into the IRS national standards. If you go over the IRS standard that is your loss. IRS does have certain exceptions to this rule and a good tax representative can help you through this problem.
IRS Collection Financial Standards are intended for use in calculating repayment of delinquent taxes. These Standards are effective on March 1, 2011 for purposes of federal tax administration only. Expense information for use in bankruptcy calculations can be found on the website for the U.S. Trustee Program.
If you owe the IRS money, talk to a tax professional first. The last thing you want to do is to turn over that 433F on your own.
Also as a footnote, any IRS 433F must be fully documented and IRS will require proof of any expense recorded on the form.
Call us today and get results.
by steve | Feb 28, 2012 | Installment Agreements, IRS Payment Plans
Make payments to the IRS – Get a payment plan – IRS Tax Experts – South Florida – Miami, Ft. Lauderdale, Palm Beaches 954-492-0088
Make Payments to the Internal Revenue Service – Call us today and get started!
If you are looking for a IRS installment agreement, payment agreement, or payment plan it is very possible within the next hour you can be set up on the IRS system for making payments.
We are former local South Florida IRS Agents who know the system. We have over 60 years in the local South Florida IRS offices.
IRS Tax Options for Making Payments to the IRS.
The IRS offers different tax options to make payments and the IRS has been getting user friendly over the past couple years making installment agreements, payment agreements easier to obtain without giving your life away.
The Payment Program depends on the dollar amount you owe and the type of tax owed to the IRS.
If you owe payroll taxes, you will not qualify for these program. We will have to make special arrangements with the IRS. Payroll payments ,941, are much more complicated and detailed.
There are different types of installment agreements that a taxpayer can qualify for in making payments to the IRS.
To qualify for making payments to the IRS you must;
- File all required tax returns;
- Consider other sources (loan or credit card) to pay your tax debt in full to save money; ( IRS will asked if you have tried and might ask for the loan denial letter.
- Determine the largest monthly payment you can make ($25 minimum); and
- Know that your future refunds will be applied to your tax debt until it is paid in full.
- IRS will also make sure you have the proper amount of withholding is being taken out or make sure you are making ES payments if you are self employed.
To avoid the fee for setting up an installment agreement please keep the following in mind;
Pay the full amount you owe within 120 days to avoid the fee.
You should apply online to specify this option (or call if you owe more than $50,000). If you cannot pay the full amount within 120 days, the fee for setting up an agreement is:
- $52 for a direct debit agreement;
- $105 for a standard agreement or payroll deduction agreement; or
- $43 if your income is below a certain level.
Apply for an installment agreement
Call us today and we will review the entire process with you and also consider the filing of an offer in compromise and possibly the abatement of penalties and interest.
Make payments to the IRS – Get a payment plan – IRS Tax Experts – South Florida – Miami, Ft. Lauderdale, Palm Beaches
by steve | Jan 24, 2012 | Back Taxes, Installment Agreements
Need to make payments to the IRS on back taxes or need a payment agreement check out the information on the 5 rule so you will not be bullied by the IRS.
We are former IRS Agents who know all the tax policies and tax programs to get you through the IRS system for back taxes.
When taxpayers are calling the IRS to make payments or asking for a installment agreement to the IRS, they are looking for some help because they can not afford to pay their tax debt at the current time. When taxpayers make this call they should be prepared to be man handled and bullied by the IRS. IRS will basically tell you, it is our way or the highway. You can now tell them, not so fast, we want the 5 year rule application.
IRS does not want to set up a payment plan, installment agreement or a payment arrangement that best fits the needs of the taxpayer.
This is when the IRS gets very selfish and wants everything their way.
Do not be bullied by the IRS. Know the Law.
IRS will require what is called the National Standard Test on all your income and expenses. IRS puts everyone in a box and expects taxpayers to met the lifestyle the IRS wants.
The bottom line, this is always unreasonable. You do not have to put up with the hard line position taken by the IRS. You can fight back by asking for a 5 year rule application to make your payment agreement or to make payments in general.
Five Year Rule: All expenses may be allowed if:
Taxpayer establishes that he or she can stay current with all paying and filing requirements.
Tax liability, including projected accruals, can be paid within five years.
Expense amounts are reasonable
Agreements will be based on a taxpayer’s maximum ability to pay, i.e., how quickly a taxpayer can fully pay the tax liability. Do not automatically allow agreements based on the five-year maximum if expenses are unreasonable.
Reminder:
The Five Year Rule is not applicable to corporations, partnerships, LLCs where the LLC is identified as the liable taxpayer, or any BMF expenses.
Need to make payments to the IRS, need a payment plan or installment agreement, call us today.
by steve | Nov 18, 2011 | Installment Agreements
Fresh Start Tax LLC An Affordable Professional Tax Firm Since 1982 “A” Rated by the BBB 1-866-700-1040
If you have missed your IRS payment do not be alarmed, millions have! You are not alone. Stop worrying.
The default rate is very high because of the current economy. Well intentioned taxpayers who want to make good on there IRS tax debt have missed IRS payments because other more important bills must be paid.
We have worked thousands of these cases and we are very successfully in getting your installment agreement or payment arrangement reinstated.
We have over 205 years of professional tax experience and over 60 years of working directly for the IRS in the local, district and regional offices of the IRS. We are Former IRS Agents and Managers. We also taught IRS Tax Law.
Many times when we get involved on missed IRS payment cases, we negotiate a better agreement than the taxpayer previously had with the IRS.
We many times have settled cases because of our vast IRS experience. We are former IRS agents and managers.
For your information the overall default rate for all installment agreements is 18.3 percent, so you are not alone.
In FY 2010, the IRS sent out over 25 million reminder notices (CP521) to taxpayers who are on an installment agreement. After the taxpayer misses his/her second payment on an installment agreement, Letter 4458C, the Commissioner’s skip payment notice, is sent.
If you need to have your case reviewed, reinstated and possible settle with the IRS, call us today and stop worrying 1-866-700-1040.
