Did the IRS prepare your tax return and file a Substitute For Return. If that is the case call Fresh Start Tax LLC. 1-866-700-1040. We are comprised of Board Certified Tax Attorneys, CPA’s and Former IRS Agents and Managers.
For your information, IRS has the right to prepare your tax return and prepare what is called a binding Substitute For Return if the taxpayer failed to file a tax return. A taxpayer has the right to file for a reconsideration hearing with the IRS if reasonable cause exists. We can make sure IRS accepts your correct tax return.
IRS will do you know favors preparing your tax return. They will disallow many deductions and make sure you pay tax at the highest rate.
The Law:
When a taxpayer refuses to file an employment tax return, the return may be prepared by the Service under the authority of IRC 6020(b) in either of the following two ways:Collection personnel prepares a tax return that reflects the proposed tax for assessment under IRC 6020(b) case processing procedures; or Compliance personnel, IRS Staffers, generally use “substitute for return ” procedures with the proposed tax shown as a liability in the examiner’s report. Cases developed under either method may be protested to Appeals.
I worked for the IRS for 10 years and have spent the last 28 years representing taxpayers before them. Here are some great tips that can make your time with the IRS more pleasant.
How to effectively deal with the IRS over the telephone.
Here are the “10 Golden Tips”
1. It is helpful to know the process of your case and its movement within the system. There are flow charts available to follow your case. You can review the process at the IRS website, IRS.gov.
2. Have your transcript from the IRS available so you are looking at the same records that the IRS employee has in the computer system. Order a free transcript by calling 1-800-829-1040.
3. Upon first contact with the IRS, make sure you know the name and ID number of each IRS employee you spoke with including the date and time of each call. They will provide their name and ID when answering the call.
4. If you call the IRS back on the same matter you will usually speak to a different IRS representative. This is normal and do not be concerned. The IRS routes their calls all over the United States. The IRS is available for calls up to 8:00 pm EST.
5. The IRS usually will not call you back. They will tell you they can only take an incoming call and they will not give out their direct telephone numbers. This can be very frustrating.
6. The IRS employees handling the case over the telephone, in most cases, are not able to get their supervisor on the line. They will tell you the supervisor will call you back within 2 to 3 days. Unfortunately, the call back from a supervisor does not always come.
7. Have all records in front of you when you call the IRS so you will not have to call back a second time.
8. Know the agent you are talking with. Each agent has their own style and is going through their own life stresses. You will sense this by the first hello. Sometimes it is better to say you will call back.
9. Make sure you call back when the IRS employee gives you a date. If you do not, the IRS computer will move your case into enforcement.
10. You can always contact the Taxpayer’s Advocate if you do not get the results you are looking for.
Audit Proof your tax return today with Fresh Start Tax.
Many working taxpayers are eligible for the Making Work Pay Tax Credit in 2010. The credit is based on earned income and is claimed on your 2010 tax return when you file your taxes in 2011.
Here are five things the IRS wants you to know about this tax credit to ensure you receive the entire amount for which you are eligible.
The Making Work Pay Credit provides a refundable tax credit of up to $400 for individuals and up to $800 for married taxpayers filing joint returns.
Most workers received the benefit of the Making Work Pay Credit through larger paychecks, reflecting reduced federal income tax withholding during 2010.
Taxpayers who file Form 1040 or 1040A will use Schedule M to figure the Making Work Pay Tax Credit. Completing Schedule M will help taxpayers determine whether they have already received the full credit in their paycheck or are due more money as a result of the credit.
Taxpayers who file Form 1040-EZ should use the worksheet for Line 8 on the back of the 1040-EZ to figure their Making Work Pay Credit.
You cannot take the credit if your modified adjusted gross income is $95,000 for individuals or $190,000 if married filing jointly or more, you can be claimed as a dependent on someone else return, you do not have a valid social security number or you are a nonresident alien.
Fresh Start Tax LLC A Professional Tax Firm “A” Plus Rated by the Better Business Bureau
We are a full service tax firm that specializes in IRS tax matters.
We can get an IRS levy released within 24 hours of receiving your current financial statement, talk to you about the removal or release of a federal tax lien and walk you through the offer in compromise to settle your debt for pennies on a dollar if you are a qualified candidate.
We can file all back tax returns with little or no records due to our techniques we learned that IRS. call us today for a free initial tax consultation and speak to true IRS tax experts.
We are one of Florida’s most experienced professional tax firms.
If you are having any problems with the IRS contact our office for a free tax consultation. We handle all IRS matters.
Let a professional tax firm resolve your IRS matter today.
Our professional staff has operated in South Florida since 1982 and have 300 years of direct tax experience.
We have 60 years working in the Florida IRS Offices. We guarantee our work.
Fresh Start Tax is one of the premier tax resolution firms in 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 Tax Representation
Offers in Compromise/Settlements
Immediate Release of Bank Garnishments or Wage Levies
IRS Notices/Bill of Intent to Levy or Final Notices
Are you planning to appeal your rejected Offer in Compromise?
We file many appeals for rejected offers in compromise that other tax firms previously filed. To be kind, many of these offers never had a chance out of the gate. Some of these large firms had no business taking monies to file offers in compromise when the offer never met the strict offer criteria used by the IRS.
True tax professionals know the standards and can pretty much tell you whether your offer stands a fighting chance. The IRS rate of acceptance for an OIC is 25 %.
As for appealing your Offer in Compromises, chances of acceptance after rejection is only about 7%. I have spoken to two different IRS Appeals Officers and both verified that this was approximately a good figure.
The key to get your offer accepted through the appeal process is to correct the information that the IRS rejected in the first place. If you cannot correct the information, do not even bother to file an appeal. The same criteria is used by the appeals function as well as the normal offer group with one exception and this is where you might stand a chance.
If you have an extenuating circumstance that was not covered the first time around, document the case and the circumstance well and you may have a chance. Most expenses you use to meet the national standard must fit the national average. Expenses that are higher are automatically knocked out. If you can document to the IRS that there is a special circumstance, they will re-look at the case. An example of this:
You have private schooling for your child and there is a special need that requires your child to attend a special school. If you did not document this special need, the IRS will flat out reject the claim or additional expense.
Make sure you talk to a professional before filing an offer in compromise appeal so you do not waste your time and money.
If you are having any issues or problems with the IRS, call us today. Former IRS Agents and Managers can help you through your problem.
Get Your Prior Year Tax Information from the IRS
Taxpayers who need certain prior year tax return information can obtain it from the IRS. Here are nine things to know if you need federal tax return information from a previously filed tax return.
There are three options for obtaining free copies of your federal tax return information – on the web, by phone or by mail.
The IRS does not charge a fee for transcripts, which are presently available for the current tax year as well as the past three tax years.
A tax return transcript shows most line items from your tax return as it was originally filed, including any accompanying forms and schedules. It does not reflect any changes made after the return was filed.
A tax account transcript shows any later adjustments either you or the IRS made after the tax return was filed. This transcript shows basic data – including marital status, type of return filed, adjusted gross income and taxable income.
To request either transcript online, go to http://www.irs.gov and look for IRS’ new online tool called Order A Transcript. To order by phone, call 800-908-9946 and follow the prompts in the recorded message.
To request a 1040, 1040A or 1040EZ tax return transcript through the mail, complete IRS Form 4506T-EZ, Short Form Request for Individual Tax Return Transcript. Businesses, partnerships and individuals who need transcript information from other forms or need a tax account transcript must use the Form 4506T, Request for Transcript of Tax Return.
If you order online or by phone, you should receive your tax return transcript within 5 to 10 days from the time the IRS receives your request. Allow 30 calendar days for delivery of a tax account transcript if you order by mail using Form 4506T or Form 4506T-EZ.
If you still need an actual copy of a previously processed tax return, it will cost $57 for each tax year that you order. Complete Form 4506, Request for Copy of Tax Return, and mail it to the IRS address listed on the form for your area. Copies are generally available for the current year as well as the past six years.
Please allow 60 days for actual copies of your return.
Visit http://www.irs.gov to determine which form will meet your needs. Forms 4506, 4506T and 4506T-EZ can be found at http://www.irs.gov or by calling the IRS forms and publications order line at 800-TAX-FORM (800-829-3676).
