by steve | May 11, 2011 | IRS Tax Advice, Tax News
BACK TAXES – DEBT-STATE OF FLORIDA – LOCAL TAX EXPERTS – FORMER AGENTS 1-866-700-1040
Free professional tax consultations.
Fresh Start Tax LLC A Professional Tax Firm “A” Plus Rated by the Better Business Bureau Practicing State and Federal Resolution since 1982
We are one of Florida’s oldest, most trusted and experienced professional tax firms. We have an “A” rating with the BBB and have been in practice since 1982.
We are comprised of Board Certified Tax Attorneys, CPAs and former IRS Agents, Managers and Instructors.
If you have any State of Florida tax issue, owe, audit or want to settle your tax problems, let us review and consult with you about your case without charge.
State Representation Issues,Department of Revenue
State of Florida sales tax representation includes the following matters with the Florida Department of Revenue:
- Tax audits on any and all sales tax issues and matters
- Non-filing matters
- Criminal investigations that are referred to attorneys that best fit your profile
- Department of Revenue enforcement action or warrant proceedings
- Stipulated time payments
- Requests for settlements or Compromise
Keys to resolving your Florida Sales Tax Problems,Issues
There are several keys to make sure your case is resolved timely. These keys are necessary on every case. The Department of Revenue is interested in resolving the cases in their system. The DOR goal is to close cases and get them out of their inventory.
Here are the keys necessary to stop enforcement action on your back taxes.
- Have all your tax returns filed before you call Florida Sales Tax and the Department of Revenue on your back tax issues.
- Be prepared to give the Department of Revenue a financial statement whether you are a hardship candidate, want an installment agreement or want to settle your case.
- Be prepared to give the Department of Revenue all supporting documentation to prove your financial statement.
- Make sure you are current on deposit requirements.
How to stop Florida Sales Tax collection enforcement on your back taxes sales tax or other tax issues
- Contact the Department of Revenue on your back tax problem as soon as you become aware of the situation or receive a letter.
- Let a professional tax company contact Florida Sales Tax before they start to take enforcement action and file warrants and or make this a criminal case.
- Utilize the settlement program to reduce your tax debt, if you qualify.
- Contact Fresh Start Tax, we are the true professionals in your area.
BACK TAXES – DEBT-STATE OF FLORIDA -LOCAL TAX EXPERTS – FORMER AGENTS
by steve | May 11, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC A Professional Tax Firm “A” Rated by the Better Business Bureau Practicing IRS/State Tax Law since 1982
Hire experience and trust.
We are comprised of Board Certified Tax Attorneys, Lawyers, CPAs and Former IRS Agents, Managers and Instructors.
We have over 163 years of professional tax experience and over 60 years of work experience at the IRS in the local, district and regional office. We taught tax law at the IRS.
We are one of the oldest, most trusted and experienced professional tax firms.
Areas of Tax Practice:
- Immediate IRS Tax Representation
- Offers in Compromise/ IRS Tax Debt Settlement
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Bill/Notice of “Intent to Levy” or Final Notices
- IRS Tax Audits Small and Large Dollar
- Hardships Cases / Unable to Pay
- Payment Plans, Installment Agreements
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll/ Trust Fund Penalty Cases
Our Florida Company Resume: ( Since 1982 )
- Our staff has over 163 years of professional IRS tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Former IRS Managers, Instructors and Trainers
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed to practice in all 50 States
- Certified by the Internal Revenue Service
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
- As heard on 90.3 FM Monthly Radio Show-Business Weekly
by steve | May 11, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax L.L.C. A Professional Tax Firm “A” Rated by the Better Business Bureau Since 1982
HIRE TRUE Federal and State TAX EXPERTS!
We are true State of Florida Tax Experts. We have 163 years of professional tax experience and over 60 years of State and Federal Tax experience. We have handled thousands of cases since 1982. We have a “A” rating from the BBB.
Have former IRS Agents, Managers and Instructors handle and settle all Federal and State Tax Issues.
Why hire Fresh Start Tax, LLC? We tell you the truth!
1. Fresh Start Tax, LLC is a local Florida Tax Firm whose principles have been practicing Tax Law and IRS Representation in Florida since 1982.
2. On staff are Board Certified Tax Attorneys, CPAs and former IRS Agents, Managers and Tax Instructors who’ve worked at the IRS over 60 years collectively.
3. Former IRS Agents, Managers and Instructors will manage, review, represent and settle your tax case for the best possible settlement.
4. We are one of most trusted Professional Tax Firms in Florida with over 163 years of professional tax experience.
5. We have an “A” Rating by the Better Business Bureau.
Our Company Resume: ( Since 1982 )
- Our staff has over 163 years of professional IRS tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Former IRS Managers, Instructors and Trainers
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed to practice in all 50 States
- Certified by the Internal Revenue Service
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
- As heard on 90.3 FM Monthly Radio Show-Business Weekly
- State Tax Experts
by steve | May 11, 2011 | IRS Tax Advice, Tax News
IRS AUDIT – CHRISTIAN IRS TAX EXPERTS
Fresh Start Tax LLC <>< A Professional Christian Tax Firm "A" Plus Rated by the Better Business Bureau Since 1982
Hire former Christian IRS Audit Tax Managers!
Our staff includes Christian tax attorneys, Christian CPAs, Christian enrolled agents, and former IRS agents, managers and tax instructors who have worked with the Internal Revenue Service for a combined 60 years. We are tax experts when it comes to all IRS matters including a tax audit of any nature.
We are a true Christian Tax Firm and IRS Tax Experts.
We practice our Christian faith both in the churches we serve and in our business.<><
We have over 205 years of professional tax experience and over 60 years of direct working experience at the IRS.
We were former IRS Agents, Managers and Instructors who taught tax law at the IRS.
We are one of the oldest, most trusted and experienced professional tax firms in regard to IRS matters and tax resolution.
How we successfully handle IRS Tax Audits:
Being former IRS Agents and Managers has uniquely qualified our firm to handle IRS tax audits. We have over 60 years of working for the IRS and our firm has over 163 years of tax experience. We have successful handled thousands of IRS tax audits over the years.
1. We immediately contact IRS and submit a power of attorney so the IRS must only speak directly to us.
2. All your correspondence and documentation for the tax audit are reviewed by our firm. We try to limit the scope of the IRS audit.
3. We go over all your tax records and prepare for the tax audit. With our vast experience, many times we have you reconstruct certain expenses that you may have lost records for.
4. We met with the IRS as long as it takes, have IRS issue to us the closing report, and review all final documents with our clients.
5. After securing the final report, we review all documents, make decisions, and make recommendations on how to close the case file.
6. In cases we disagree on with the IRS, we prepare all necessary appeal documents.
7. On agreed cases, work out settlement agreements for payments to IRS.
LOST TAX RECORDS – The process of filing back or unfiled tax returns: (Lost of few tax records )
If you have unfiled tax returns, this process Fresh Start Tax LLC uses to get current with the IRS and get you immediate and permanent tax relief
1. We verbally review a year by year history of your income and expenses.
2. We review any records you may have.
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 7 years.
4. If you have lost all your records we have easy and simple forms that can help you reconstruct your tax return.
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 permanent close your tax case.
IRS AUDIT – CHRISTIAN IRS TAX EXPERTS – FORMER IRS AGENTS – AUDIT EXPERTS
by steve | May 10, 2011 | IRS Tax Advice, Tax News
While there are many tips written about Offers in Compromise, few are from a former IRS Agent that taught Offers in Compromise at the IRS.
Most of the tips and advice I read are fairly accurate. The points I will bring to the table are told in light of how the IRS Agent, reviewer of Offers in Compromise, looks at a case.
Here are my top ten tips about Offers in Compromise:
1. Fill out the Offer in Compromise correctly. Seems simple, however, about 50% of the offers are returned for not being completely filled out. Make sure all the applicable boxes are completed. The IRS will return your offer in a heartbeat if it is not filled out completely.
2. The IRS will look to reject the offer first! Trust me on this. The IRS first eyes always look to reject. They are looking at all the reasons to send back or reject the offer. Why? It is less work for the Agents. Since IRS Agents are graded on inventories or case loads, they want to clear out their inventories.
3. File the Offer in Compromise during the worst time in your financial life. A lot of people wait until they start to make some money and decide to file the offer. Make absolutely sure your income levels are as low as they possibly can be. Make no deposits of self employment income before you turn in your offer, it may bump up your average income.
4. The base rule for offers is that you must give the IRS your total equity in all assets. If your assets total $9000 you must offer at least that. The IRS is very strict about this. You can use a low distressed value for your assets. Use liquidation values. Get an appraisal if necessary.
5. Be completely truthful. The IRS has been trained to sniff out stink on a case. This is all they do for a living. Do not lie!
6. Make sure the financial statements are filled out correctly. If you forget to fill out one box or put “none” on any section where applicable, the IRS can and will reject the OIC.
7. Provide all documentation. The IRS will want every figure documented with a check and invoice to prove this is your actual expense. They are very thorough on this issue. Get all documents to prove your case.
8. Check the IRS pub to find out what the IRS allows for expenses. For example, the IRS does not allow for college tuition. There is a complete list of dos and don’ts, so be forewarned.
9. Make sure all your tax returns are up to date and you are current on ES payments or adequate withholding is being taken out of your check.
10. The IRS will do a very thorough check on your Offer. Do not be surprised if they pull your credit report, google your name and use all types of searches to verify the worth of your assets.
Remember, 25% of all offers in compromise are accepted. Hire a professional tax firm and one that has a former IRS Offer in Compromise specialist like myself.
by steve | May 10, 2011 | IRS Tax Advice, Tax News
FRESH START TAX LLC <>< A PROFESSIONAL CHRISTIAN TAX FIRM "A" RATED BY THE BETTER BUSINESS BUREAU PRACTICING TAX REPRESENTATION SINCE 1982
We are former Christian IRS Agents, Managers and Instructors who taught the IRS Offer in Compromise or IRS Tax Debt Settlement Program at the IRS for over 60 years. We know all there is to know about settlements.
We have over 163 years of professional tax experience and over 60 years of work experience at the Internal Revenue Service. We taught at the local, district and regional IRS offices.
We taught the Offer in Compromise Program at the IRS. We know all the IRS tax strategies to get the cases accepted for the lowest possible dollar amount.
Seek godly Christian council to handle your IRS issues
How do you discern godly counsel?
Job 12:13 But true wisdom and power are with God; counsel and understanding are His.
Psalm 37:30 The godly offer good counsel, they know what is right from wrong.
What is an Offer in Compromise?
1.Do You Qualify for an Offer in Compromise?
2. How to File an Offer in Compromise
An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. Absent special circumstances, 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.
In most cases, the IRS will not accept an OIC unless the amount offered by the taxpayer is equal to or greater than the reasonable collection potential (RCP). The RCP is how the IRS measures the taxpayer’s ability to pay and includes the value that can be realized from the taxpayer’s assets, such as real property, automobiles, bank accounts, and other property. The RCP also includes anticipated future income, less certain amounts allowed for basic living expenses.
Taxpayers should beware of promoters’ claims that tax debts can be settled through the offer in compromise program for “pennies on the dollar.“
Be sure to hire a Christian Tax Firm!
Three Types of OICs
The IRS may accept an offer in compromise based on three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
Example: A taxpayer owes $20,000 for unpaid tax liabilities and agrees that the tax she owes is correct. The taxpayer’s monthly income does not meet her necessary living expenses. She does not own any real property and does not have the ability to fully pay the liability now or through monthly installment payments.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include: (1) the examiner made a mistake interpreting the law, (2) the examiner failed to consider the taxpayer’s evidence or (3) the taxpayer has new evidence.
Example: The taxpayer was vice president of a corporation from 2004-2005. In 2006, the corporation accrued unpaid payroll taxes and the taxpayer was assessed a trust fund recovery penalty as a responsible party of the corporation. The taxpayer was no longer a corporate officer and had resigned from the corporation on 12/31/2005. Since the taxpayer had resigned prior to the payroll taxes accruing and was not contacted prior to the assessment, there is legitimate doubt that the assessed tax liability is correct.
3. Effective Tax Administration – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
Example: Mr. & Mrs. Taxpayer have assets sufficient to satisfy the tax liability and provide full time care and assistance to a dependent child, who has a serious long-term illness. It is expected that Mr. and Mrs. Taxpayer will need to use the equity in assets to provide for adequate basic living expenses and medical care for the child. There is no doubt that the tax is correct.
OIC Payment Options
In general, a taxpayer must submit a $150 application fee and initial payment along with the Form 656, Offer in Compromise. Taxpayers may choose to pay their offer in compromise in one of three payment options:
1. Lump Sum Cash Offer – Payable in non-refundable installments, the offer amount must be paid in five or fewer installments upon written notice of acceptance. A non-refundable payment of 20 percent of the offer amount along with the $150 application fee is due upon filing the Form 656.
If the offer will be paid in 5 or fewer installments in 5 months or less, the offer amount must include the realizable value of assets plus the amount that could be collected over 48 months of payments or the time remaining on the statute, whichever is less.
If the offer will be paid in 5 or fewer installments in more than 5 months and within 24 months, the offer amount must include the realizable value of assets plus the amount that could be collected over 60 months of payments, or the time remaining on the statute, whichever is less.
If the offer will be paid in 5 or fewer installments in more than 24 months, the offer amount must include the realizable value of assets plus the amount that could be collected over the time remaining on the statute.
2. Short Term Periodic Payment Offer – Payable in non-refundable installments; the offer amount must be paid within 24 months of the date the IRS received the offer. The first payment and the $150 application fee are due upon filing the Form 656. Regular payments must be made during the offer investigation.
The offer amount must include the realizable value of assets plus the total amount the IRS could collect over 60 months of payments or the remainder of the statutory period for collection, whichever is less.
3. Deferred Periodic Payment Offer – Payable in non-refundable installments; the offer amount must be paid over the remaining statutory period for collecting the tax. The first payment and the $150 application fee are due upon filing the Form 656. Regular payments must be made during the investigation.
The offer amount must include the realizable value of assets plus the total amount the IRS could collect through monthly payments during the remaining life of the statutory period for collection.
The IRS is not bound by either the offer amount or the terms proposed by the taxpayer. The OIC investigator may negotiate a different offer amount and terms, when appropriate. The investigator may determine that the proposed offer amount is too low or the payment terms are too protracted to recommend acceptance. In this situation, the OIC investigator may advise the taxpayer as to what larger amount or different terms would likely be recommended for acceptance.
Payments and Application Fees
When filing an offer in compromise, two separate remittance documents should be sent, one for the application fee and the other for the required offer payment. All payments should be made by check or money order made payable to the United States Treasury. Practitioners who file multiple OICs at the same time should not combine application fees for multiple clients.
The Form 656-PPV, Offer in Compromise Payment Voucher, included in the Form 656, should be completed and attached to any periodic payment(s) that becomes due. Failure to submit any required periodic payments, after the initial payment has been submitted, will result in the offer being declared withdrawn. For offers originally sent to Holtsville, NY, send payments to: P.O. Box 9011, Holtsville, NY 11742. For offers originally sent to Memphis, TN, send payments to: AMC Stop 880, P.O. Box 30834, Memphis, TN 38130-0634.
The OIC application fee reduces the assessed tax or other amounts due. The application fee will be returned if the OIC is deemed not to be processable. Unless the offer in compromise has been submitted under doubt as to liability or a completed Form 656-A is included with the Form 656, the $150 application fee must be included with the offer or the IRS will return the offer.
Do your homework before hiring a Professional Tax Firm. Make sure they have on staff Board Certified Tax Attorneys, Lawyers, CPAs, Former IRS Agents and Managers. Also, check the following to ensure the creditability and history of the Tax Firm.
1. Better Business Bureau – www.bbb.org/us/Find-Business-Reviews
2. Complaints.com – www.complaintsboard.com
3. Rip Off Report – http://www.ripoffreport.com/
