by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC gives you the latest news from the IRS News Wire Former IRS Agents and Managers
Get Credit for Making Your Home Energy Efficient or Buying Energy-Efficient Products
Taxpayers who made some energy efficient improvements to their home or purchased energy-efficient products last year may qualify for a tax credit this year. The IRS wants you to know about these six energy-related tax credits created or expanded by the American Recovery and Reinvestment Act of 2009.
Residential Energy Property Credit This tax credit is for homeowners who make qualified energy efficient improvements to their existing homes. This credit is 30 percent of the cost of all qualifying improvements. The maximum credit is $1,500 for improvements placed in service in 2009 and 2010 combined. The credit applies to improvements such as adding insulation, energy efficient exterior windows and energy-efficient heating and air conditioning systems.
Residential Energy Efficient Property Credit This tax credit will help individual taxpayers pay for qualified residential alternative energy equipment, such as solar hot water heaters, solar electricity equipment and wind turbines installed on or in connection with their home located in the United States and geothermal heat pumps installed on or in connection with their main home located in the United States. The credit, which runs through 2016, is 30 percent of the cost of qualified property. ARRA removes some of the previously imposed annual maximum dollar limits.
Plug-in Electric Drive Vehicle Credit ARRA modifies this credit for qualified plug-in electric drive vehicles purchased after Dec. 31, 2009. The minimum amount of the credit for qualified plug-in electric drive vehicles, which runs through 2014, is $2,500 and the credit tops out at $7,500, depending on the battery capacity. ARRA phases out the credit for each manufacturer after they sell 200,000 vehicles.
Plug-In Electric Vehicle Credit This is a special tax credit for two types of plug-in vehicles — certain low-speed electric vehicles and two- or three-wheeled vehicles. The amount of the credit is 10 percent of the cost of the vehicle, up to a maximum credit of $2,500 for purchases made after Feb. 17, 2009, and before Jan. 1, 2012.
Credit for Conversion Kits This credit is equal to 10 percent of the cost of converting a vehicle to a qualified plug-in electric drive motor vehicle that is placed in service after Feb. 17, 2009. The maximum credit, which runs through 2011, is $4,000.
Treatment of Alternative Motor Vehicle Credit as a Personal Credit Allowed Against AMT Starting in 2009, ARRA allows the Alternative Motor Vehicle Credit, including the tax credit for purchasing hybrid vehicles, to be applied against the Alternative Minimum Tax. Prior to the new law, the Alternative Motor Vehicle Credit could not be used to offset the AMT. This means the credit could not be taken if a taxpayer owed AMT or was reduced for some taxpayers who did not owe AMT.
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Affordable Fresh Start Tax LLC “A” Plus Rated by the Better Business Bureau
A Florida Professional Tax Firm specializing in IRS Tax Debt Settlements
We are Florida’s premier IRS Tax Firm specializing in IRS Tax Debt Settlement.
We are one of the most experienced and trusted and tax firms in the State of Florida. We are IRS Tax Experts in Settling IRS Debt.
Why? 60 years of working and teaching for the IRS.
On our staff are former IRS Agents and Managers who worked and taught the IRS Tax Debt Settlement Program at the IRS.
We know everything there is to know about IRS Debt Settlement because we taught the Program to other IRS Agents.
Other Areas of Practice:
- Immediate Tax Representation
- Offers in Compromise/Settlements
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Notices/Bill of Intent to Levy or Final Notices
- IRS Tax Audits, Large and Small Dollar
- Hardships Cases, Payment Plans, Installment Agreements
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Trust Fund Penalty Cases/6672
- Non-filers, never filed, old and past due tax returns
- Settling IRS Tax Debt
How we work your case to immediately resolve your IRS matter:
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 the IRS.
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. 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.
4. Settlement agreements/ Settling IRS Tax Debt 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 met your current expenses. 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 for the lowest possible amount required.
c. Offer in Compromise. There are three types of OICs:
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.
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.
Call us for a free tax consultation. Free video conferencing is also available.
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax <>< A Professional Christian Tax Firm “A” Plus Rated by the Better Business Bureau Practicing Tax Law since 1982
Why Hire Fresh Start Tax L.L.C., a Christian Tax Firm ?
Simply because we are one of the most trusted and experienced Professional Tax Firms in the Nation as reflected in our BBB rating and because of our Christian Counsel.
IRS Christian Tax Attorney/Lawyer
Psalm 37:30 The godly offer good counsel, they know what is right from wrong.IRS Tax Attorney/Lawyer Christian
1. Fresh Start Tax, LLC is a Christian Professional Tax Firm whose principles have been practicing Tax Law and IRS Representation Nationwide since 1982.
2. On staff are Board Certified Tax Attorneys/Lawyers, CPA’s and host of former IRS Agents.
3. Former Christian 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 experienced and trusted Christian Professional Tax Firms in the nation with over 140 years of professional tax experience.
Psalm 37:30 The godly offer good counsel, they know what is right from wrong.
How we work your case to immediately resolve your IRS matter and get you the IRS Help you need:
- 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 the IRS.
- 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. We can pull tax transcripts, file and prepare your tax returns within days.
- 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.
- Settlement agreements can be in different forms:
-
- 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 met your current expenses. IRS will use the National Standards Program to assess hardship.
- Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs IRS uses for the lowest possible amount required.
- Offer in Compromise. There are three types of OICs:
- 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.
- Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct.
- 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.
Do your homework before hiring a Professional Christian Tax Firm. Make sure they have on staff Board Certified Tax Attorneys, Lawyers, CPA’s, Former IRS Agents and Managers. Also, check the following to ensure the creditability and history of the TAX FIRM.
- Better Business Bureau – www.bbb.org/us/Find-Business-Reviews
- Complaints.com – www.complaintsboard.com
IRS Tax Attorney Lawyer – Christian Professional Tax Firm – Former IRS Agents
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Affordable Fresh Start Tax A Professional Florida IRS Tax Firm
Our principles have been practicing IRS Debt Relief in the State of Florida since 1982
We have worked in the Florida IRS Offices as Managers and Instructors. We are the best!
On staff are former IRS Agents that were teaching instructors for the Internal Revenue Service who taught the IRS Debt Relief Program called in Offer in Compromise Program.
Why not hire the best and the most experienced.
We are one of Florida’s most trusted and experienced tax firms for IRS Debt Relief.
Why Hire Fresh Start Tax L.L.C.
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, CPA’s and host of former IRS Agents.
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 experienced and trusted Professional Tax Firms in Florida with over 140 years of professional tax experience.
IRS Debt Settlement Program/ Offer in Compromise:
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.
Do your homework before hiring a Professional Tax Firm. Make sure they have on staff Board Certified Tax Attorneys, Lawyers, CPA’s, 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/
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC “A” Plus Rated BBB Former IRS
Rated A plus by the Better Business Bureau
We are Professional Tax Firm specializing in IRS Tax Help
We are a IRS Tax specialty tax firm with its principles practicing IRS tax resolution in the State of Florida since 1982
We know how to get you immediate tax relief.
We are one of Florida’s most experienced and trusted Tax Firms to handle IRS matters and problems.
On staff are former IRS Agents Mangers who worked and were Former Instructors for the Internal Revenue Service in the Florida district and Regional IRS Office.
Hire a former IRS Instructors that taught tax law to other IRS Agents. We are well respected within the industry and IRS as well.
Areas that we offer IRS Tax Help and Immediate Relief:
- Immediate Tax Representation
- Offers in Compromise/Settlements
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Notices/Bill of Intent to Levy or Final Notices
- IRS Tax Audits, Large and Small Dollar
- Hardships Cases, Payment Plans, Installment Agreements
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Trust Fund Penalty Cases/6672
- Non-filers, never filed, old and past due tax returns
- Immediate Tax Help Relief
Our Company Resume: ( Since 1982 )
- Our staff has over 140 years of professional tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, Certified Public Accountants, Enrolled Agents,
- Former IRS Managers, Instructors and Trainers
- Highest Rating by the Better Business Bureau “A”
- Extremely ethical 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 | Mar 9, 2011 | IRS Tax Advice, Tax News
Affordable Fresh Start Tax “A” Plus Rated by the Better Business Bureau
A Florida Professional Tax Firm Practicing IRS Tax Relief in the State of Florida since 1982.
I am a former IRS agent in teaching instructor. Our staff includes former IRS agents who have logged over 60 years in the local, district, and regional tax offices of the IRS.
We know the system inside and out.
Why Hire Fresh Start Tax L.L.C.
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, CPA’s and host of former award winning IRS Agents.
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 experienced and trusted Professional Tax Firms in Florida with over 140 years of professional tax experience.
Tax Relief Area of Representation:
- Immediate Tax Representation
- Offers in Compromise/Settlements
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Notices/Bill of Intent to Levy or Final Notices
- IRS Tax Audits, Large and Small Dollar
- Hardships Cases, Payment Plans, Installment Agreements
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Trust Fund Penalty Cases/6672
- Non-filers, never filed, old and past due tax returns
- IRS Tax Relief Help
Do your homework before hiring a Professional Tax Firm. Make sure they have on staff Board Certified Tax Attorneys, Lawyers, CPA’s, 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/
IRS Tax Relief – Settle With IRS + Offer in Compromise + Negotiate IRS Tax Debt + Tampa, St. Petersburg, Orlando + Former IRS – IRS Tax Experts
