by steve | Apr 9, 2011 | IRS Tax Advice, Tax News
IRS TAX- Owe, Audit, File, Settlements – Miami, Ft. Lauderdale – IRS Tax Experts 1-866-700-1040
Fresh Start Tax LLC A Local South Florida Professional Tax Firm “A” Plus Rated by the Better Business Bureau
Practicing IRS Tax Representation and Resolution since 1982 in South Florida.
Hire Former IRS Managers and Agents. We worked for a combined 60 years out of the South Florida IRS Offices.
We are comprised of Board Certified Tax Attorney’s, Tax Lawyers, CPA’s, former IRS Agents, Managers and Instructor who worked out of the local IRS offices as well as the district and regional training office.
We are-one of the most oldest, most trusted and experienced tax firms in south Florida
Owe, File, Audit, Settlements
- 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
- Non-filers, never filed, old and past due tax returns
How we work your case to immediately resolve your IRS problem and get you immediate and permanent tax relief:
1. We immediately send a power of attorney ( POA ) to the IRS letting them know we are now your tax representative. You will never speak to the IRS. We handle everything.
2. We will make sure your tax returns are filed and current. If your tax returns are not up to date, IRS will refuse to work your case. This is leverage that the IRS uses to get you compliant. Lost tax records, no problem. We can pull tax transcripts, file and prepare your tax returns within days.
3. 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. IRS will require a closing settlement method for each case.
IRS Settlement Agreements/ Tax Debt Programs 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 IRS uses to find you the lowest possible amount required.
c. Offer in Compromise /IRS Settlements / Tax Debt Settlement Programs. 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.
by steve | Apr 9, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC A Professional Tax Firm Former IRS Agents and Managers will defend your IRS Audit
A very common question we are asked is how far back will the IRS go on a tax audit?
Here are the remarks from the IRS Tax Commissioner about the audit lottery,compliance and how far back can the IRS go
“For most taxpayers the process ends there. But for the IRS, our compliance work now begins. Sophisticated risk models help IRS staff identify returns that are most likely to show compliance problems. Although I sometimes hear people refer to the IRS “audit lottery,” the process is far from random. The IRS uses the cumulative knowledge and data over many years to model the risk of tax avoidance, and using these models we target our activities as precisely as we can. We then follow up with the taxpayer to better understand the issue, request documentation, and determine whether the return was accurate.
The “look-back,” which is the model of most major tax systems in the world, has some flaws. The biggest deficiency is that it does not deal with taxpayer problems up-front.
An IRS audit often occurs years after the return was filed.
for example, by law we have up to three years to audit an individual’s tax return; more time if there’s a 25 percent or more omission of income, or if fraud is involved.
by steve | Apr 9, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax L.L.C. A Professional Tax Firm Since 1982 “A” Rated by the Better Business Bureau
Thousands and Thousands of people each year do not get their W-2s each year because of variety of reason. the two most common reason are the company you worked for is out of business and no one issued the w-2s or you changed you mailing address.
Here is What to do If You Are Missing a W-2
Before you file your federal tax return, you should make sure you have all the needed documents including all your Forms W-2. You should receive a Form W-2, Wage and Tax Statement, from each of your employers. Employers have until January 31, 2011 to send you a 2010 Form W-2 earnings statement.
If you haven’t received your W-2, follow these steps:
1. Contact your employer If you have not received your W-2, contact your employer to inquire if and when the W-2 was mailed. If it was mailed, it may have been returned to the employer because of an incorrect or incomplete address. After contacting the employer, allow a reasonable amount of time for them to resend or to issue the W-2.
2. Contact the IRS If you do not receive your W-2 by February 14th, contact the IRS for assistance at 800-829-1040. When you call, you must provide your name, address, city and state, including zip code, Social Security number, phone number and have the following information:
• Employer’s name, address, city and state, including zip code and phone number
• Dates of employment
• An estimate of the wages you earned, the federal income tax withheld, and when you worked for that employer during 2010. The estimate should be based on year-to-date information from your final pay stub or leave-and-earnings statement, if possible.
3. File your return You still must file your tax return or request an extension to file April 18, 2011, even if you do not receive your Form W-2. If you have not received your Form W-2 by the due date, and have completed steps 1 and 2, you may use Form 4852, Substitute for Form W-2, Wage and Tax Statement. Attach Form 4852 to the return, estimating income and withholding taxes as accurately as possible. There may be a delay in any refund due while the information is verified.
4. File a Form 1040X On occasion, you may receive your missing W-2 after you filed your return using Form 4852, and the information may be different from what you reported on your return. If this happens, you must amend your return by filing a Form 1040X, Amended U.S. Individual Income Tax Return.
Form 4852, Form 1040X, and instructions are available at http://www.irs.gov or by calling 800-TAX-FORM (800-829-3676).
CUT AND PASTE THIS LINK TO PULL UP THE FORM:
http://www.google.com/search?q=IRS+FORM+4852&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
by steve | Apr 8, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax L.L.C. The home of former IRS Agents, Managers and Former IRS Tax Instructors Audit Proof your tax return with Fresh Start Tax LLC
From time to time the IRS News wire puts out valuable information that our clients need to know. This is a great update on getting more time to file your tax return.
So, you can get an automatic six month extension of time to file from the IRS.
Here are important things you need to know about filing an extension:
File on time even if you can’t pay If your return is completed but you are unable to pay the full amount of tax due, do not request an extension. File your return on time and pay as much as you can. The IRS will send you a bill or notice for the balance due. To apply online for a payment agreement, go to the IRS website at http://www.irs.gov and click “Apply for an Online Payment Agreement (OPA)” at the left side of the home page under Online Services.
Extra time to file An extension will give you extra time to get your paperwork to the IRS, but it does not extend the time you have to pay any tax due. You will owe interest on any amount not paid by the April 18 deadline, plus you may owe penalties.
Form to file Request an extension to file by submitting Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, to the IRS by April 18, 2011, or make an extension-related electronic credit card payment. For more information about extension-related credit card payments, see Form 4868.
http://www.google.com/search?q=irs+form+4828&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
E-file extension You can e-file an extension request using tax preparation software with your own computer or by going to a tax preparer who has the software. The IRS will acknowledge receipt of the extension request if you file by computer.
Traditional Free File and Free File Fill able Forms You can use both Free File options to file an extension. Access the Free File page at http://www.irs.gov.
Electronic funds withdrawal If you ask for an extension via computer, you can also choose to pay any expected balance due by authorizing an electronic funds withdrawal from a checking or savings account. You will need the appropriate bank routing and account numbers. For information about these and other methods of payment, visit the IRS website at http://www.irs.gov or call 800-TAX-1040 (800-829-1040).
How to get forms Form 4868 is available for download from the IRS website or may be ordered by calling 800-TAX-FORM (800-829-3676).You can also obtain the form at your local IRS office. Telephone requests normally take 7 – 15 days to process and ship.
by steve | Apr 8, 2011 | IRS Tax Advice, Tax News
Have former IRS agents who worked out of the local South Florida IRS offices get you immediate tax relief. 954-492-0088
Fresh Start Tax LLC A Professional Tax Firm “A Plus Rated by the Better Business Bureau Practicing IRS Tax Representation since 1982 in South Florida
We can get you immediate tax help relief from tax lien and tax levies. We have released thousands of IRS Tax Levies.
Hire one of the oldest, most trusted and experienced professional tax representation firm in South Florida.
We are comprised of tax professionals including a host of former IRS Agents that were Supervisors and Instructors right here in the South Florida IRS local regional and District Office.
We have worked for over 60 years in the Ft.Lauderdale and Miami IRS offices. We know all of the tax strategies involved for immediate and permanent tax relief,
Call us today for a free tax consultation.
Fresh Start Tax is one of the premier tax resolution firms in the country. 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/ 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
- Non-filers, never filed, old and past due tax returns
Our South Florida 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”
- 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 | Apr 8, 2011 | IRS Tax Advice, Tax News
Call us for a free consultation.
We were former IRS agents and managers who worked out of South Florida IRS offices.
We know the system.
Fresh Start Tax LLC A South Florida Professional Tax Firm specializing in IRS Tax Debt Relief Since 1982 Rated “A” Plus by the Better Business Bureau
Let former IRS Agents successfully settle your IRS Tax Debt with immediate and permanent tax help.
Our firm is uniquely equipped to handle any and all IRS Problems. You will not find an older, more experienced or trusted tax firm than Fresh Start Tax LLC.
Some our our staff were raised in Miramar and attended high school and College in the area. Our firm has over 140 years of professional Tax experience.
We are comprised of Board Certified Tax Attorneys, CPAs and most importantly former IRS agents, Supervisors and Instructors who taught out of the Ft.Lauderdale and Miami IRS office.
We know every tax strategy required to work and settle your IRS case because of our 60 years experience at the IRS.
- 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
- Non-filers, never filed, old and past due tax returns
Our Local South Florida 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”
- 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
