IRS TAX HARDSHIP – Apply for IRS Hardship Relief – Immediate IRS Tax Relief – Former IRS Agents

by steve | Aug 9, 2011 | IRS Tax Advice, Tax News

Fresh Start Tax L.L.C.       Since 1982        IRS Tax Experts       A Professional Tax  Firm     “A” Rated by the Better Business Bureau     1-866-700-1040

Do not be bullied by the Internal Revenue Service!          We can stop them today!

We are comprised of Board Certified Tax Attorneys, CPA’s and Former IRS Agents, Managers and Instructors.

If you are experiencing a IRS financial hardship call us today so we can get you immediate IRS Tax Relief. The Taxpayer Advocates Office is set up for the purpose of taxpayers that are experiencing harm by IRS and their Agents.

Since we were Former IRS Agents, Managers and Instructors let us fight back to get you the results you need. We are “A” Rated by the Better Business Bureau.

We do all our work through the Taxpayers Advocate Office.

The Taxpayer Advocate Service (TAS) is an independent organization within the IRS. We help taxpayers who are experiencing economic harm, such as not being able to provide necessities like housing, transportation, or food; taxpayers who are seeking help in resolving problems with the IRS; and those who believe an IRS system or procedure is not working as it should. Here are ten things every taxpayer should know about TAS:

The Taxpayer Advocate Service is your voice at the IRS and the voice that works with us.

You may be eligible for our help if you have tried to resolve your tax problem through normal IRS channels and have gotten nowhere, or you believe an IRS procedure just isn’t working as it should.

The worst thing you can do is nothing at all!

We help taxpayers whose problems are causing financial difficulty or significant cost, including the cost of professional representation. This includes businesses as well as individuals.

If you qualify for our help, we’ll do everything we can to get your problem resolved. You will be assigned to one advocate who will be with you at every turn.
We have at least one local taxpayer advocate office in every state, the District of Columbia, and Puerto Rico. You can call your local advocate, whose number is in your phone book, in Pub. 1546, Taxpayer Advocate Service — Your Voice at the IRS, and on our website at www.irs.gov/advocate.

As a taxpayer, you have rights that the IRS must abide by in its dealings with you. Our tax toolkit at www.taxtoolkit.irs.gov can help you understand these rights.
TAS also handles large-scale or systemic problems that affect many taxpayers. If you know of one of these broad issues, please report it to us through our Systemic Advocacy Management System at www.irs.gov/advocate.

Call the tax pro’s at Fresh Start Tax LLC

Release IRS Tax Levies – Bank Levy, Wage Garnishments – Get Immediate Releases

by steve | Aug 9, 2011 | IRS Tax Advice, Tax News

 Being a Former IRS Agent Revenue Officer I know how to get levy releases quickly. The following is the information you need to know about the process. You should always work with a tax professional to get the best possible deal with the IRS. Experience pays off.

 You can get Immediate Releases of IRS Tax Levies as long as the IRS criterion are met. The two basic criterion are all tax returns filed and up to date and a documented financial statement, 433F.

It is much easier than people think to get IRS Releases of both Bank Levies and Wage Garnishments, as long as you  know what you are doing. The average professional tax firm will charge between $2500 – $3500 to get your bank or wage garnishment released as well as get your case closed and off of the IRS enforcement computer.

Here are some things to consider.

IRS does not want to levy. The IRS sends out  series of four notices to the taxpayers letting them know of their intentions to levy. However most taxpayers to do respond. There are many cases where the taxpayers moved or never got the IRS notices. After IRS sends out the fourth notice, IRS sends out levy notices to a levy source they have on record. Those sources are usually a bank account or wage information.The IRS gets there levy information from the taxpayers themselves. You give them the levy information on your tax return, interest income from a bank source or your W-2. The IRS very rarely dragnets the banks in your living area.

The two most common levies:

A IRS Bank Levy, 668A is sent to at Bank or Financial Institution. The Bank will hold the funds for a period of 21 days. Your money sits in your account frozen and not yet turned over to the Internal Revenue Service. The IRS gives you a 21 day period to rectify the problem so you get to keep your money.

A IRS Wage Garnishment 668W is sent to your employer. Your next pay check goes to the IRS minus some basis exempt money. Your wages continues to be garnished until the levy is released.

How the release process works:

IRS will require that all your tax returns are filed and up to date. You will have make sure you can fax and send to IRS any tax returns not filed. IRS will not usually release the levy until this happens.This is their leverage to make you file.

IRS will want a documented 433F financial statement. Once IRS reviews the financial statement, 433F,  they will decide on how your case will be closed.

How cases are closed:

Settlement agreements 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.

c. Offer in Compromise. 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 / Exceptional Circumstances – 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.

IRS Deadline for Voluntary Disclosure Initiative of Offshore Accounts – Tax Experts

by steve | Aug 9, 2011 | IRS Tax Advice, Tax News

IRS Deadline for Voluntary Disclosure Initiative of Offshore Accounts

Just like ever the IRS has a deadline for Voluntary Disclosure for Offshore Accounts

We are a professional tax firm and can help you through  this maze of information and IRS tax deadlines.

We are comprised of Tax Attorneys, Tax Lawyers, CPA’s and Former IRS Agents.

Call us today for a no cost professional consult and stop any worry you may have. 1-866-700-1040.

U.S. taxpayers hiding income or not disclosing in undisclosed offshore accounts are running out of time to take advantage of a soon-to-expire opportunity to come forward and get their taxes current with the Internal Revenue Service.

The IRS today reminded taxpayers that the 2011 Offshore Voluntary Disclosure Initiative (OVDI) will expire on Aug. 31, 2011. Taxpayers who come forward voluntarily get a better deal than those who wait for the IRS to find their undisclosed accounts and income.

New foreign account reporting requirements are being phased in over the next few years, making it ever tougher to hide income offshore. As importantly, the IRS continues its focus on banks and bankers worldwide that assist U.S. taxpayers with hiding assets overseas.

From the mouth of the IRS commissioner regarding Voluntary Disclosure.

“The time has come to get back into compliance with the U.S. tax system, because the risks of hiding money offshore keeps going up,” said IRS Commissioner Doug Shulman. “Our goal is to get people back into the system. The second voluntary initiative gives people a fair way to resolve their tax problems.”

The 2011 OVDI was announced on Feb. 8, 2011, and follows the 2009 Offshore Disclosure Program (OVDP). The 2011 initiative offers clear benefits to encourage taxpayers to come forward rather than risk detection by the IRS. Taxpayers hiding assets offshore who do not come forward will face far higher penalties along with potential criminal charges.

Penalty Framework

For the 2011 initiative, there is a new penalty framework that requires individuals to pay a penalty of 25 percent of the amount in the foreign bank accounts in the year with the highest aggregate account balance covering the 2003 to 2010 time period. Some taxpayers will be eligible for 5 or 12.5 percent penalties in certain narrow circumstances.

Participants also must pay back-taxes and interest for up to eight years as well as paying accuracy-related and/or delinquency penalties. All original and amended tax returns must be filed by the deadline.

The IRS has made available the 2011 OVDI information in eight foreign languages for those taxpayers with undisclosed offshore accounts.

FBAR Languages

The agency took this step to reach taxpayers whose primary language may not be English. These translations include the following languages: Chinese (Traditional and Simplified), Farsi, German, Hindi, Korean, Russian, Spanish and Vietnamese.

The IRS decision to open a second special disclosure initiative was based on the success of the first program and many more taxpayers coming forward after the program closed on Oct. 15, 2009.

The first special disclosure initiative program closed with about 15,000 voluntary disclosures regarding accounts at banks in more than 60 countries. Many taxpayers came in after the first program closed. These taxpayers were deemed eligible to take advantage of the special provisions of the second initiative.

IRS Deadline for Voluntary Disclosure Initiative of Offshore Accounts – Tax Experts

IRS TAX RELIEF HELP- Tax Attorneys, Former IRS Agents – Dalton, Newnan, Carrollton, Rome, East Point, North Atlanta – GEORGIA

by steve | Aug 9, 2011 | IRS Tax Advice, Tax News

Fresh Start Tax L.L.C.       1-866-700-1040       IRS Tax Experts        A Professional Tax Firm       “A” Rated by the Better Business Bureau

We taught Tax Law at the Regional Training Center in Atlanta Georgia. We know all the tax settlement strategies.

Have Former IRS Agents, Managers and Instructors who have over 60 years of direct work experience in the local, district and regional offices of the IRS resolve any tax issue or problem you may have.

You will either speak to a Board Certified Tax Attorney, CPA, of Former IRS Agents.

We have over 205 years of professional tax experience and have saved of clients millions of dollars since 1982.

Call us for a no cost professional consult.

Fresh Start Tax is one of the premier Christian 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:

Areas of Tax Practice:

• 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

Our Company Resume: ( Since 1982 )

• Our staff has over 205 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

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