IRS Tax Problem – Levy/Back Returns/Settlements – Key West, Key Largo – Local Tax Firm

by steve | Jan 5, 2011 | IRS Tax Advice

Fresh Start Tax     954-492-0088      1-866-700-1040    A Local South Florida Tax Firm    “A” Rated by the BBB

If you are having any type of IRS tax problem call us today for a free consultation. We are former IRS Agents who worked as Supervisors, Managers and Instructors in the Local South Florida IRS office for over 60 years.

How we handle your case:

1. We obtain all the information from our clients and get an accurate description of the problem.
   
2. We immediately send a power of attorney to the IRS so you never have to speak to them.
3. We immediately have the IRS stop all of their enforcement action with that first call.
   
4. We make sure the tax liability is correct by pulling tax transcripts and documents from the IRS’ computer.
   
5. We file any returns that the IRS needs to get you current. All tax returns must be filed before the IRS will consider any agreements.
   
6. We make sure your case is settled for the lowest possible amount allowed by law by going over all the different options that are available to you.

Our Company Resume: ( Since 1982 )

• Our staff has over 135 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

Received IRS Notice LP 59 – Immediate IRS Relief – Professional Tax Firm “A” Rated

by steve | Jan 3, 2011 | IRS Tax Advice

Fresh Start Tax 1-866-700-1040     A Professional Tax Firm   “A” Rated by the Better Business Bureau

If you have received an IRS Letter or Notice LP 59 call us today for tax help. The IRS will continue contacting you until this problem is solved. They can make you legally responsible for this amount of money. Do not take this lightly. We are former IRS Agents and Managers that can resolve this problem for you.  A penalty of up to 50% of the tax owed may also be imposed.

What is the IRS LP 59 notice telling me?

That the IRS  previously sent a notice of levy to you to collect money from the taxpayer named in the letter, but have received no response.

What do I have to do next?

If you previously responded, complete the information and mail it to the IRS  in the enclosed envelope. You are legally responsible for responding to the levy and must send the IRS  the amount you owe the taxpayer(s), not to exceed the amount on the levy. Failure to do so could result in you being personally liable to the IRS for the amount you owe the taxpayer. A penalty of up to 50% of the tax owed may also be imposed.

How much time will the IRS give me?

Respond at your earliest convenience by correspondence or you may call the phone number provided on the letter for additional assistance or to let the IRS  know that you do not owe funds.

What happens if I don’t respond to the IRS Tax levy?

You are legally responsible for responding to the levy and must send IRS the amount you owe the taxpayer(s), not to exceed the amount on the levy. Failure to do so could result in you being personally liable to us for the amount you owe the taxpayer. A penalty of up to 50% of the tax owed may also be imposed.

Who should I contact?

Either call the number provided in the letter or respond in writing using the enclosed envelope. Or, let Fresh Start Tax resolve this  issue for you.

Our Company Resume:

• Our staff has over 135 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

IRS Penalty for Late File Partnership Tax Return 1065 – IRS Tax Experts

by steve | Jan 2, 2011 | IRS Tax Advice

Fresh Start Tax   1-866-700-1040     A Professional Tax Firm    Audit Proof your tax return

Penalty for Late Filing of a Partnership Return

For tax years beginning in 2009, the late filing penalty for a partnership return is $89 for each month or part of a month (up to 12 months) the return is late (or does not contain the required information) multiplied by the total number of persons who were partners in the partnership during any part of the partnership’s tax year. No penalty will be imposed if the partnership shows that the late filing was due to reasonable cause.

For tax years beginning after 2009, the late filing penalty for a partnership return is $195 for each month or part of a month (up to 12 months) the return is late (or does not contain the required information) multiplied by the total number of persons who were partners in the partnership during any part of the partnership’s tax year. No penalty will be imposed if the partnership shows that the late filing was due to reasonable cause.

Our Company Resume: ( Since 1982 )

• Our staff has over 135 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

IRS Problem, Levy, Lien, Innocent Spouse – Compton, Corona, Pasadena – Tax Firm “A” Plus Rated

by steve | Dec 30, 2010 | IRS Tax Advice

IRS Problem/Levy/Lien/Innocent Spouse – Compton, Corona, Pasadena – Tax Firm “A” Plus  Rated  1-866-700-1040

Fresh Start Tax   1-866-700-1040     A Professional “A”  Plus Rated Tax Firm       Since 1982

If you are experiencing any type of IRS Tax problem, IRS audits, Tax levy on wages or bank accounts, we can get immediate releases of the federal tax levies. We have 130 years of direct IRS tax experience and 60 years of working for the IRS.

Are you an Innocent Spouse?  Since we are former IRS Agents we know all the techniques to qualify you for innocent tax relief.

You must meet all of the following conditions to qualify for innocent spouse relief:

1. You filed a joint return, which has an understatement of tax, directly related to your spouse’s erroneous items. Any income omitted from the joint return is an erroneous item. Deductions, credits, and property bases are erroneous items if they are incorrectly reported on the joint return.
2. You establish that at the time you signed the joint return you did not know, and had no reason to know, that there was an understatement of tax.
3. Taking into account all the facts and circumstances, it would be unfair to hold you liable for the understatement of tax.

To qualify for “separation of liability relief” you must have filed a joint return and must meet one of the following requirements at the time you request relief:

1. You are divorced or legally separated from the spouse with whom you filed the joint return for which you are requesting relief.
2. You are widowed, or
3. You have not been a member of the same household as the spouse with whom you filed the joint return at any time during the 12-month period ending on the date you file Form 8857 (PDF), Request for Innocent Spouse Relief.

If, at the time you signed the joint return, you had actual knowledge of the item that gave rise to the understatement of tax, you may not qualify for separation of liability relief.

You may qualify for “equitable relief” if you do not qualify for innocent spouse relief or separation of liability relief. Equitable relief is available for additional tax owed because of a reporting error (an understatement) or you properly reported the tax on your return, but you did not pay it (an underpayment).

To qualify for equitable relief you must establish, under all the facts and circumstances, that it would be unfair to hold you liable for the understatement or underpayment of tax. In addition, you must meet other requirements listed in Publication 971, Innocent Spouse Relief.

IRS Problem/Levy/Lien/Innocent Spouse – Compton, Corona, Pasadena – Tax Firm “A” Plus  Rated