by steve | May 5, 2011 | IRS Tax Advice, Tax News
There is no standard form available for an
application for Requesting the United States to
Release Its Right to Redeem Property Secured by
a Federal Tax Lien. Prepare your request in the
form of a typed letter and submit it with all
accompanying documents to:
IRS, Attn: Technical Services Advisory Group Manager
(Address Application to the IRS office that filed the lien. Use
Publication 4235, Technical Services Advisory Group
Addresses, to determine where to mail your request.)
General Information
Section 7425(d) of the Internal Revenue Code provides
that the United States may redeem real property sold
in a nonjudicial proceeding when the sale is made to
satisfy a lien prior to that of the government. The
Technical Services Advisory Group Manager for the
Internal Revenue Area in which the property is located
has been delegated authority to release any right to
redeem property.
The government may release its right of redemption if
you pay the Internal Revenue Service an amount equal
to the value of that right; or if the IRS determines that
the right of redemption is valueless.
Please follow all applicable instructions in this
publication when you apply for a release by the United
States of its right to redeem property under IRC
Section 7425(d).
General Instructions
How to Prepare an Application
Requesting the United States to Release Its Right to Redeem
Property Secured by a Federal Tax Lien
(over)
1. Do not send any payment with your
application. The Technical Services Advisory
Group Manager will notify you of any amount
due after your application is investigated and
approved. When your payment (if required) is
received, the Technical Services Advisory
Group Manager will issue you a release of the
right to redeem property.
2. Please send payment in cash, or by United
States postal or bank money order, or a
certified, cashier’s or treasurer’s check. Any
payment made with uncertified funds will delay
issuance of the release of the right to redeem
until the funds are validated and honored.
NOTE: Any questions regarding payment can
be addressed with the Technical Services
advisor assigned to handle the investigation.
3. JUDICIAL PROCEEDINGS – You can get an
application for a release of right to redeem
property from the United States Attorney’s
office for the judicial district in which the
property subject to the right of redemption is
located, if the United States has been properly
named a party defendant in a judicial
proceeding under Section 2410 of Title 28,
United States Code.
Specific Instructions
Important: You must include the date of your
application.
1. Please give the name and address of the
person requesting the United States to release
its right to redeem property under Internal
Revenue Code (IRC) section 7425(d).
2. Describe the property for which you are
requesting the United States to release its
right of redemption. Use the description in
the title or deed to the property, or attach a
certified copy of the title or deed. Include
street address, city and state. Indicate
whether it is a personal residence, rental
property, commercial property, unimproved
property, etc., at the time of the nonjudicial
sale.
3. Furnish the following information about the
nonjudicial sale (such as a foreclosure,
execution, state or local tax sale):
• Date sale was held.
• Name and address of the Technical
Services Advisory Group Manager to whom
the notice of sale was sent (if known).
• Name and address of purchaser.
• Purchase price.
4. If the property owner at the date of this
application was not the purchaser at the
nonjudicial sale, give the owner’s name and
address.
5. List the encumbrances you want to have
considered. For each encumbrance show:
• Name and address of holder.
• Description of the encumbrance.
• Date it arose.
• If the encumbrance was recorded, give the
date and place.
• The original principal amount of the
encumbrance and the interest rate.
• The principal amount due as of the date of
the application, if known. (Show costs and
accrued interest separately.)
• Your family relationship, if any, to the
holder of any other encumbrance on the
property.
6. Attach a copy of each Notice of Federal Tax Lien
affecting the property, or furnish the following
information as it appears on each filed Notice of
Federal Tax Lien:
• Name of the Internal Revenue Area Office.
• Name and address of the taxpayer.
• Date and place each notice was filed.
7. Give your estimate of the fair market value of
the real property with a detailed explanation of
how you arrived at the estimate.
8. The Technical Services Advisory Group
Manager may request you to furnish additional
information.
9. Provide a daytime telephone number and E-mail
address (if available) where you may be
reached.
10.Provide the name, address, telephone number
and E-mail address of your attorney or
representative, if you have retained one.
11.You must make the following declaration over
your signature and title. “Under the penalties of
perjury, I declare that I have examined this
application (including any accompanying
schedules, exhibits, affidavits, and statements)
and to the best of my knowledge and belief it is
true, correct, and complete.”
If the Lien Is Filed In: Send Correspondence to
IRS Advisory Group at:
Area Location Address Contact # Fax #
North Atlantic Connecticut, Maine, Massachusetts, New
Hampshire, Rhode Island, Vermont 15 New Sudbury Street, JFK Building, Rm. 800,
PO Box 9112, Stop 20800A, Boston, MA 02203 617-316-2608 617-316-2606
Eastern and Southern New York
(Hudson Valley) 1 Clinton Ave. & No. Pearl,
Albany, NY 12207 518-427-4178 518-427-4214
Bronx, Manhattan, Rockland, Staten Island
and Westchester Counties 290 Broadway
Manhattan, NY 10007 212-436-1314 212-436-1203
Brooklyn, Queens and Long Island 10 Metro Center, 625 Fulton St
Brooklyn, NY 11201 718-488-2826 718-488-2738
Western and Central New York Room 109, 130 S. Elmwood Ave
Buffalo, NY 14202-2464 716-961-5381 716-961-5067
Central Western Pennsylvania 1000 Liberty Ave Room 704, Pittsburgh, PA 15222 412-395-5200 412-395-5291
Publication 4235 (Rev. 6-2010) Catalog Number 37262G Department of the Treasury Internal Revenue Services www.irs.gov
by steve | May 4, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax L.L.C. A Local Professional Tax Firm located in Sebring “A” Rated by the Better Business Bureau Practicing IRS Tax Debt Relief and Help since 1982 right here in the State of Florida.
Have former IRS Agents, Managers and Teaching Instructors work and settle your IRS Tax Case. We have settled thousands of IRS cases since 1982.
We are one of Florida’s oldest, most trusted and experienced tax firms. We have over 163 years of professional experience and over 60 years of working with the IRS.
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 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
Fresh Start Tax LLC:
- We are one of South Florida’s oldest, since 1982
- We are one of South Florida’s most trusted ,”A” Rated by the Better Business Bureau
- We are one of the most experienced, we have over 163 years of professional tax experience
by steve | May 4, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC A Local Professional Tax Firm “A” Rated by the Better Business Bureau Practicing IRS Tax Representation since 1982
Immediate and Permanent IRS Tax Relief- Get Bank and Wage Levy Releases
We are former IRS Agents, Managers and IRS teaching Instructors for over 60 years. We have worked for IRS for over 60 years in the State of Florida and have released thousands of federal tax levies since 1982.
We are one of the oldest, most trusted and experienced tax firms in the State of Florida.
I am a Sebring Resident.
How we immediately get Notices of Wage Levy and Bank Garnishment Levies Released.
As former IRS Agents, Managers and Instructors we have issued thousands of IRS Wage/Garnishment and Bank Levies. We know exactly how to quickly get them released. We have what it takes.
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to them.
2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records.
3. The IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.
Settlement agreements can be in different forms:
a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.
c. Offer in Compromise. There are 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.
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.
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.
Call us for a free tax consultation. Free video conferencing is also available.
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.
by steve | May 4, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax L.L.C. True IRS Tax Experts A Local South Florida Professional Tax Firm “A” Rated by the Better Business Bureau Practicing IRS Tax Law since 1982
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 working directly for the IRS in the local South Florida local, district and regional IRS office.We are true IRS Tax Experts.
- We are one of South Florida’s oldest- since 1982
- We are one of South Florida’s most trusted – “A” Rated by the Better Business Bureau
- We are one of the most experienced- we have over 163 years of professional tax experience
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 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 4, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC “A” Rated by the Better Business Bureau A IRS Expert Tax firm Since 1982 practicing IRS Tax Relief
We are comprised of Board Certified Tax Attorneys, CPAs and former IRS Agents, Managers and Instructors who worked at the local IRS office for over 60 years.
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.
Fresh Start Tax is one of the premier tax resolution firms in the State of Florida. We deal with all types of civil cases including individuals, businesses, non-profits, partnerships and corporations. We have staff that specialize in every facet of IRS representation. We know all the IRS tax strategies because of our extensive IRS working backgrounds. Some of our many specialties include the following:
- Immediate IRS Tax Representation
- Offers in Compromise/ Tax Settlements/Debt Settlements
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Bill/Notice of “Intent to Levy” or Final Notices
- Dealing with IRS Certified Mail
- IRS Tax Audits, Large, Small Dollar
- Hardships Cases / Unable to pay at this time
- Payment Plans, Installment Agreements/Streamline
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll/ Trust Fund Penalty Cases/ 6672
- Non-filers, never filed, old and past due tax returns
Our Company Resume: ( Since 1982 )
- Our staff has over 140 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”
- Extremely ethical, honest and moral
- Fast, affordable, and economical
- Licensed to practice in all 50 States
- Premium on client communication
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
- As heard on 90.3 FM Monthly Radio Show, You and the IRS
by steve | May 4, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC A Professional Tax Firm “A” Rated by the Better Business Bureau Practicing Tax Relief and Professional Tax Help Since 1982 in the State of Florida
Hire true professional tax experts. On staff :Board Certified Tax Attorneys, CPAs and former IRS Agents, Managers and Instructors.
We have over 163 years of professional tax experience and over 60 years of direct work experience at the Federal and State Level in the State of Florida. We have handled thousands of cases since 1982.
How we work your case to immediately resolve your State Tax problem and get you immediate and permanent tax relief:
1. We immediately send a power of attorney ( POA ) to the State of Florida letting them know we are now your tax representative. You will never speak to the State. We handle everything.
2. We will make sure your tax returns are filed and current. If your tax returns are not up to date, the State will refuse to work your case. This is leverage that the State uses to get you compliant. Lost tax records, no problem. We can pull tax transcripts, file and prepare your tax returns within days.
3. the State of Florida requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The State of Florida will require a closing settlement method for each case.
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
Fresh Start Tax LLC:
- We are one of South Florida’s oldest, since 1982
- We are one of South Florida’s most trusted ,”A” Rated by the Better Business Bureau
- We are one of the most experienced, we have over 163 years of professional tax experience
