IRS Tax Levy Garnishment on Disability Benefits – Affordable Tax Levy Removal

by steve | Dec 16, 2010 | IRS Tax Advice

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

Call us for representation if you are having an issue with the IRS.

Benefits can be levied by the IRS.

Through the Federal Payment Levy Program (FPLP), Social Security benefit payments outlined in Title II of the Social Security Act, Federal Old-Age, Survivors, and Disability Insurance Benefits, are subject to the 15-percent levy, to pay your delinquent tax debt.

However, benefit payments, such as lump sum death benefits and benefits paid to children, will not be included in the FPLP. Additionally, Supplemental Security Income (SSI) payments, under Title XVI, and payments with partial withholding to repay a debt owed to Social Security will not be levied through the FPLP.

Before your Social Security benefits are included in the FPLP, we will send you a final notice of our intent to levy, with appeal rights, if one has not already been issued. If we don’t hear from you, or if you have already received this notice, we will send you an additional notice CP 91 or CP 298, Final Notice Before Levy on Social Security Benefits, explaining that your Social Security benefits may be levied.

See Tax Information for Appeals for additional information about your appeal rights.

You have 30 days from the date of this notice to make arrangements to pay your tax debt before we begin deducting 15 percent from your monthly benefit. See Topic 201, The Collection Process, Publication 594, The IRS Collection Process, and Publication 1, Your Rights as a Taxpayer, for additional information.

Because the FPLP is used to satisfy tax debts, the IRS may levy your Social Security benefits regardless of the amount. This is different from the 1996 Debt Collection Improvement Act which states that the first $750 of monthly Social Security benefits is off limits to satisfy non-tax debts. Fifteen percent of the Social Security benefit will be levied through the FPLP regardless of whether or not the remaining benefit sent to you is less than $750.
How we get an Immediate Release of Wage or Bank Levy:

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 them.
2. We will make sure your tax returns are filed and current. If they are not filed, we will prepare and file your tax returns.
3. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement.
4. Settlement agreements can be in different forms:
a. Hardship. Hardship cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable.
b  Payment Agreements are agreed upon monthly installment payments to the IRS.
c. Offer in Compromise. A much longer and detailed process of tax settlement. We will discuss in detail with you the merits of each.
5. The IRS will then fax to your payroll department, bank, or third party a Release Of Levy.

Estimate Tax Payments Due Dates, Former IRS, IRS Experts

by steve | Dec 16, 2010 | IRS Tax Advice

Individuals Taxpayers who need to make Quarterly Estimates

Question: When are the quarterly estimated tax returns due?

Answer: You only make estimated tax payments using payment vouchers. There is not an estimated tax return.

Your first estimated tax payment is usually due the 15th of April.

You may pay the entire year’s estimated tax at that time, or

You may pay your estimated tax in four payments that are due April 15th, June 15th, September 15th, and January 15th of the following year.

If the due date for making an estimated tax payment falls on a Saturday, Sunday, or legal holiday, the payment will be on time if you make it on the next day that is not a Saturday, Sunday, or legal holiday.

U.S. Citizen moved to Canada, You are Required to file a Tax Return + Former IRS Agent Tax Help

by steve | Dec 16, 2010 | IRS Tax Advice

Canadian & U.S. Tax Issues

Question: I am a U.S. citizen. If I move to Canada to live and work there as a Canadian permanent resident, do I pay both U.S. and Canadian Taxes?

Answer: United States citizens living abroad:
Are required to file annual U.S. income tax returns.

Must report their worldwide income if they meet the minimum income filing requirements for their filing status and age.

Must contact the Canadian Government to determine whether you must file a Canadian tax return and pay Canadian taxes.

May be able to elect to exclude some or all of their foreign earned income, if certain requirements are met, or to claim a foreign tax credit if Canadian income taxes are paid.

IRS Tax Defense, IRS Tax Representation,IRS Tax Consultation – Miami, Ft.Lauderdale, West Palm – IRS Tax Problems Specialty Firm

by steve | Dec 16, 2010 | IRS Tax Advice

Fresh Start Tax      954-492-0088      1-866-700-1040      “A” Plus Rated by the Better Business Bureau

Fresh Start Tax: Its principles have been serving the South Florida community since 1982.    

The Firm has over 130 years of direct IRS tax experience, and 60 years of work experience as former IRS Agents, Managers and Instructors.
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 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

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 Federal Tax Problem – Owe Back Taxes Debt , Former IRS , A plus rated BBB

by steve | Dec 16, 2010 | IRS Tax Advice

Fresh Start Tax 1-866-700-1040   “A” Rated by the Better Business Bureau, the affordable tax firm, since 1982.

Have former IRS agents and managers and your IRS federal tax problem by showing you all the various ways to resolve your tax problem debt.

If you are having problems with any IRS Issues or Tax matters call Fresh Start Tax.

Our staff has over 130 years of direct tax experience, 60 years of working for the IRS.

Free consultations.Video conferencing available!
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:

• 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