by Fresh Start Tax | Oct 31, 2012 | IRS Tax Debt, IRS Tax Experts, IRS Tax Problem, Tax Levy and Wage Garnishments
Help with IRS Tax Levy – Levy Relief & Settlement 1-866-700-1040
We can remove or release your tax levy or garnishment and settle your case with the IRS.
Stop your worry today, have former IRS agents and managers who know the system get you immediate tax relief from the IRS Levy.
IRS Tax Levies can be released very quickly and for affordable prices.
Believe it or not, the IRS does not want to levy your wages or seize your bank account. The system called CADE 2 does this automatically. Once the IRS computer system does not recognize a valid contact within the letter or notice period the system systemically issues the Notice of Tax Levy.
By calling us today you will probably have your levy release this week. 1-866-700-1040.
We will secure a power of attorney, make sure the tax liability is correct and work out a settlement plan with the IRS.
Settlement plans includes hardship, payment plans or settling for pennies on a dollar if you qualify.
Before we take any fee for a offer in compromise which is a IRS tax settlement, we will pre-qualify your case to make sure you are a candidate.
Process – Candidate for an Offer in compromise of a IRS Tax Settlement
Submitting your offer in compromise
We can give you step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF).
Forms and Documents
Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms,
Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656,
Application Fee:
$150 application fee (non-refundable); and
Initial payment (non-refundable) for each Form 656.
Select a payment option
Your initial payment will vary based on your offer and the payment option you choose:
Lump Sum Cash.
Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
Periodic Payment.
Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.
How did IRS get your Levy information.
It comes from you. You usually give them your own tax levy information. The IRS does little to have to find it.
1. If you have written a check to the IRS, the IRS codes that information into the C.A.D.E. 2 computer system for future IRS Audit, Collection or Criminal use.
2. If you have called the IRS in the past couple of years, the IRS may have asked for the information over the phone.
3. If the IRS has secured a financial statement in the past, the information usually stays in the system for 6 – 7 years and becomes a part of your file for the remainder of the statute.
4. If you are divorced or separated, many times that information may come from your spouse who cannot wait to give IRS the information. Yes, spouse revenge.
5. The IRS can get information from third parties. You never know who may give them information about you.
6. Most of the Tax Levy or Garnishment information comes from your tax return from prior tax years. The IRS simply looks at your W-2’s and your 1099’s. This is the best source of IRS Levies. I would say 95% of all tax levies or tax garnishments are generated from this tax source.
7. The IRS can also get Tax Levy/Garnishment information from your credit report.
This provides a wealth of information and a field day for the IRS. If your case goes to the field for a Revenue Officer to work, your credit report becomes a harvest for the Agent.
Call us today for IRS tax help for wage garnishments and tax levies. 1-866-700-1040.
Help with IRS Tax Levy – Levy Relief & Settlement – Costa Mesa, Long Beach, Anaheim, Glendale, Irvine, Newport, Huntington
by Fresh Start Tax | Oct 18, 2012 | IRS Tax Problem, Representation, Tax Help, Tax Levy and Wage Garnishments
IRS Levy & Wage Garnishment Help 1-866-700-1040
Stop the Worry, get your levy released as fast as possible.
No one can get levy’s released faster. Being former IRS Agents we know the exact process to get your levy or garnishment released and settle your case. We are affordable and friendly.
We are comprised of Former IRS Agents, Managers and Instructors who know the system. We have over 60 years of direct IRS work expereince and over 205 years of professional tax experience.
We have a A plus rating with the BBB and have released thousands of levies since 1982.
Hire trust and integrity.
A IRS tax levy is a legal seizure or garnishment of your property to satisfy a IRS tax debt. Levies are different from liens.
A federal tax lien is a claim used as security for the tax debt, while a tax levy actually takes or seizes the property to satisfy the IRS tax debt.
If you do not pay your taxes or make arrangements to settle your debt the IRS may seize or garnish and sell any type of real or personal property that you own or have an interest in.
IRS has the ability to :
The IRS could seize and sell property that you hold such as your car, boat, or house, or
IRS could levy property that is yours but is held by someone else such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions.
IRS can seize or take almost everything.
Levy Requirements
IRS can levy only after these three requirements are met:
1. IRS must assess the tax and sent you a Notice and Demand for Payment,
2. You neglected or refused to pay the tax and,
3. IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing levy notice at least 30 days before the levy.
How the levy must be served.
IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
Please Note:
If IRS levies your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
Hire trust and integrity.
Fresh Start Tax – Joe Dimino
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
by Fresh Start Tax | Oct 17, 2012 | California Tax, IRS Tax Problem, Tax Levy and Wage Garnishments, Tax Lien
IRS Levy, IRS Tax Lien, IRS Settlement Help
Do not be bullied by the IRS. Let Former IRS agents who know the system get you the tax relief you need, stop the worry now.
Get immediate and permanent IRS tax settlement relief. Do not be ripped off by other companies. Check out bio’s and BBB ratings. Deal with a true professional tax firm.
We have over 206 years of professional tax experience and over 60 years of working directly for the IRS in the local, district and regional offices of the IRS. We taught Tax Law at the IRS.
The difference between a tax lien and a tax levy.
A federal IRS tax lien protects and secures the IRS rights to all of your property. The federal tax lien attaches to property you own when it is filed, and property you purchase later. A Federal Tax Lien most commonly impacts real estate.
It will and can also devastate your credit score.
The purpose of an IRS levy ( wage or bank ) is to seize your property. It is the number one collection tool used by the IRS.
An IRS levy is the same as a seizure or garnishment. The IRS can levy on your wages, bank accounts, sub-contractor pay, accounts receivable, even retirement accounts, yes 401K and pension plans.
The IRS can in certain circumstances seize your house, car or your business equipment. As a Former IRS agents this was my job so I know how to fight back.
If the IRS is going to or has filed a Federal Tax Levy call us today to get help.
Bank levies are held by the bank or financial institutions for a period of 21 days.
The funds in the accounts are frozen and not actually turned over to the IRS until the 22nd day. As a rule of thumb we can get tax levies released within that 21 day freeze period.
Wage Garnishment Levies are in effect each and every pay period. IRS will continue to garnish wages until the IRS is called and a IRS settlement plan gets put in effect.
A simple call from our office along with a documented IRS financial statement can get your case closed today.
Huntington, Lagana, Newport, Anaheim, Irvine, Corona – IRS Tax Experts
Having IRS Tax Problems?
Fresh Start Tax – Joe Dimino
Dimino Braunsen & Assoc.
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
by Fresh Start Tax | Oct 16, 2012 | IRS Notice or Letter, Representation, Tax Levy and Wage Garnishments
Tax Levies, Tax Garnishment & Tax Liens – Get Removed or Released by calling Former IRS agents – Fresh Start Tax LLC
We are a local Tax Firm located in Upper Montclair.
We are comprised of Tax Attorneys, CPA’s and Former IRS agents who have over 60 years of experience working directly with the IRS.
Why use Fresh Start Tax LLC
Being Former IRS Agents, Managers and Instructors we know exactly what the IRS formulas and settlement techniques are in settling their cases. We know the exact way IRS will close your case based on your unique situation.
The IRS files 3.8 million levies each year and 980,000 Federal Tax Liens.
If you have any type of IRS tax problem including tax levies, tax garnishments or tax liens it only makes sense to call former IRS Agents, Managers and Instructors.
We can get IRS tax levies and tax garnishment released within the week you call as a general rule. Once Fresh Start Tax has a detailed financial statement we can not only get your tax levy or tax garnishment released or removed, we can also settle your case.
Most of these enforcement actions occur because taxpayers failed to follow up on IRS notices and letters giving the IRS no choice but to follow up with enforced collections.
Once we are retained by a client and secure a documented financial statement, that very day we can get a levy released.
Call us today to find out more 1-866-700-1040.
The following is a detailed outline of the IRS collection process.
If you do not pay in full when you file your tax return, you will receive written notice from the IRS of the amount you owe, a tax bill from the IRS.
This bill or tax notice starts the collection process, which continues until your account is satisfied or until the IRS may no longer legally collect the tax. Notices or letters are sent out in 5 weeks cycles.
First Notice.
The first notice you receive will be a letter that explains the balance due and demands payment in full. It will include the amount of the tax, plus any penalties and interest added to your unpaid balance from the date the tax was due.
You may pay the amount due by sending the IRS a check or money order, payable to the United States Treasury, with a copy of the notice. Over 25 million taxpayers cannot pay that notice.
If you cannot pay in full, you should send in as much as you can with the notice.The unpaid balance is subject to interest that will compound daily and a monthly late payment penalty.
It is always in your best interest to pay your tax liability in full as soon as you can to minimize additional charges.
You also may want to investigate and consider other methods of financing full payment of your taxes, for example by obtaining a cash advance on your credit card or a bank loan because the interest rate and any applicable fees your credit card company or bank charges may be lower than the combination of interest and penalties imposed by the Internal Revenue Code.
Many persons have no way to finance the IRS debt so the IRS has a program to deal with the back taxes.
Paying off your IRS tax debt by using other financial methods also may keep your tax debt from negatively affecting your credit rating.
If you cannot pay in full.
If you are unable to immediately pay your balance in full, IRS may be able to offer you a monthly installment agreement.
If you cannot full pay under an installment agreement you may propose an Offer in Compromise (OIC). An OIC is an agreement between a taxpayer and the IRS that resolves the taxpayer’s tax liability by payment of an agreed upon reduced amount.
If you are unable to pay anything because of a current financial hardship, IRS may temporarily suspend certain collection action, such as issuing a levy , until your financial condition improves. This action is called putting your case in hardship.
The IRS may, however, file a Notice of Federal Tax Lien while your account is suspended. Remember the interest and late payment penalties will continue to accrue while collection is suspended.
Some of the actions IRS may take to collect taxes include:
a. Filing a Notice of Federal Tax Lien
b. Serving a Notice of Levy, or ( bank levy or wage garnishment levy )
c. Offsetting a refund to which you are entitled
The federal tax lien is the IRS legal claim to your property, including property that you acquire after the lien arises.
The federal tax lien arises automatically when you fail to pay in full the taxes you owe within ten days after we send our first notice of taxes owed and demand for payment.
The government also may file a Notice of Federal Tax Lien in the public records.
The Notice of Federal Tax Lien publicly notifies your creditors that the IRS has a claim against all your property, including property acquired by you after the Notice of Federal Tax Lien is filed.
The filing of a Notice of Federal Tax Lien may appear on your credit report and may harm your credit rating. Once a lien arises, the IRS generally cannot release the lien until the taxes, penalties, interest, and recording fees are paid in full or until the IRS may no longer legally collect the tax.
The IRS will withdraw a Notice of Federal Tax Lien if the Notice was filed while a bankruptcy automatic stay was in effect. The IRS may withdraw a Notice of Federal Tax Lien if the IRS determines that
(1) the Notice was filed too soon or not according to IRS procedures;
(2) you enter into an installment agreement to satisfy the liability unless the installment agreement provides otherwise;
(3) withdrawal will allow you to pay your taxes more quickly; or
(4) withdrawal is in your best interest, as determined by the National Taxpayer Advocate, and the best interest of the government.
The IRS also may use a levy to collect taxes. The IRS may levy assets such as wages, bank accounts, Social Security benefits, and retirement income.
The IRS also may seize any of your property for the purpose of selling the property to satisfy a tax debt including your car, boat, or real estate. In addition, any future federal tax refunds or state income tax refunds that you are owed, may be applied to your federal tax liability.
Call us today for a no cost professional tax consultation. 1-866-700-1040.
by Fresh Start Tax | Sep 19, 2012 | Back Taxes, Tax Levy and Wage Garnishments, Tax Returns
IRS filed my tax return and levied my Bank & Wages – Stop the IRS NOW – Fresh Start Tax LLC 1-866-700-1040
IRS files thousands and thousands of tax returns each year and most taxpayers have no idea IRS created valid tax assessments with the taxpayers owing large sums of money for these unfiled tax years.
A great majority of our calls to our office deal with taxpayers who have just received a notice from there employer or bank that their wages or bank accounts have just been levied.
Fresh Start Tax LLC is comprised of Board Certified Tax Attorneys, CPA’s and Former IRS agents who have over 206 years of professional tax experience.
We have 60 years of direct work experience at the IRS.
We can file correct tax returns, reduce your tax debt and get your bank or wage levy or garnishment released. 1-866-700-1040
Stop the worry and get started right now with a no cost consult.
The process – IRS can file you tax return under 6020 B of the IRC
Logistics of 6020 Processing
IRS can process a tax return under the provisions of IRC 6020(b) for a Individual or Business if:
1. The taxpayer appears to be liable for the return,
2. The taxpayer required to file the return does not file it,
3. Attempts to secure the returns from the taxpayer fail.
This is devastating to find out after you have little or no money to fight the problem.
IRS has the right to file a tax return for you if you have not filed a tax return.
When the IRS files your tax return for all purposes, the IRS literally has audited your tax return. To get the IRS to correct your tax return you must file a correct original tax return. When you have prepared your tax return you can ask IRS for a Audit Reconsideration.
Definition of an Audit Reconsideration
An Audit Reconsideration is the process the IRS uses to reevaluate the results of a prior audit where additional tax was assessed and remains unpaid, or a tax credit was reversed. If the taxpayer disagrees with the original determination he/she must provide information that was not previously considered during the original examination.
It is also the process the IRS uses when the taxpayer contests a Substitute for Return (SFR) determination by filing an original delinquent return.
Reasons you can ask for a Tax Audit Reconsideration. You can ask for a hearing if:
1. The taxpayer did not appear for the audit.
2. The taxpayer moved and did not receive the correspondence from the IRS.
3. The taxpayer has new documentation to present.
4. A taxpayer might request an audit reconsideration if:
5. The taxpayer disagrees with an audit assessment from an audit of his/her return.
6. The taxpayer disagrees with an assessment created under the authority of IRC Section 6020(b), Substitute for Return (SFR).
7. The taxpayer has been denied tax credits such as EITC claimed, during prior examination.
IRS filed my tax return and levied my Bank & Wages – Stop the IRS NOW – Fresh Start Tax LLC
The IRS will consider a release of bank levy or a wage levy garnishment release if you qualify.
You can call us today and find out the process on how to get an immediate release of bank or wage levy.
IRS will require a copy of the corrected tax returns. If it appears you will owe the IRS, the IRS require a documented financial statement to close the case and release the levy.
by Fresh Start Tax | Aug 25, 2012 | IRS Tax Debt, IRS Tax Problem, Tax Levy and Wage Garnishments
We are a IRS tax specialty firm dealing with IRS tax resolution.We are comprised of Tax Attorneys, CPA’s and Former IRS agents who have over 60 years with the IRS.
As a former IRS agent I have filed thousands of levies when working for the IRS. I/we know the exact and quickest way to get the levy released.
We can get bank account levies usually released within 5 days. Believe no tax resolution company that tells you different, they would be scam artists.
Bank Account Levies can be handled and released with simple procedures.
Most of the time, bank accounts are levied because taxpayers fail to answer a series of letters sent by the IRS. IRS has no choice but to levy. IRS will either send out a bank levy or a wage levy or both.
Once contact is made with the IRS and financial information given to them with documentation, the IRS will work out a settlement strategy and settle.
There is a lot of skill involved in getting what is in the best interest of the taxpayer and not the IRS. Call us today and we will review your options of get your bank account levy released and get you immediate tax levy release
Bank Account Levy Holding Period, the good news!
A bank that received a bank account levy must wait 21 calendar days after a levy is served before sending payment to the IRS.
Then, on the next business day ( the 22nd day ), it must turn over the taxpayer’s money to the IRS. The bank will not send money that is subject to attachment or execution under judicial process. “Bank” includes credit unions, savings and loan associations, trust companies and other like types.
During the 21 holding period most levies can be released. It is our magic time to call IRS get the levy released and get our clients case settled.
Most clients will be filling out a form 433A or 433 F along with financial documentation to get the bank account levy released by the IRS.
IRS will also use this contact period to make sure all tax returns are filed and up to date.
Call us at 1-866-700-1040 and start the process right now.
We are affordable, friendly and assessable, since 1982.
