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 | Installment Agreements, IRS Payment Plans, IRS Tax Advice, IRS Tax Problem, Tax Help
Need a IRS Payment Plan – IRS Tax Problem Help
We can solve any of your IRS problems and tax issues.
If you are in need of IRS tax help call us today and get your life back in order and STOP the worry. Let our experience be your best friend.
Call us or visit our offices today. 1-866-700-1040.
How the IRS will handle your unpaid tax bill.
IRS has a very systematic way that it deals with back tax debt. IRS evaluates each case separately on its own set of facts and circumstances. There are really no two cases the same.
IRS will require a 433A or a 433F ( financial statement ) as a basis for making a determination on your present financial condition.
IRS main thrust will be reviewing assets and income. IRS will apply the National Standards Tests to use as allowable expenses. Each area of the country has applicable National Standards. IRS will apply these expenses against your income to determine if you have available income to pay the IRS.
You can find the National Standards on our website. Go to the home page and look at the top tool bar for IRS forms. You will find the National Standard link at the top.
IRS has 3 closing methods they can apply to your case.
Based on your financial statement IRS may put your case in temporary hardship, may ask you to submit an Offer in Compromise which is also a tax debt settlement, or the IRS may determine to close the case with a installment or payment arrangement.
If you cannot pay the tax in full and need to make payments.
You can make monthly payments through an installment agreement if you’re not financially able to pay your tax debt immediately.
However, you will reduce or eliminate the amount of penalties and interest you pay and avoid the fee associated with setting up an installment agreement if you pay your tax bill in full.
Before you apply you must make sure the following is addressed:
1. File all required tax returns;
2. Consider other sources (loan or credit card) to pay your tax debt in full to save money;
3. Determine the largest monthly payment you can make ($25 minimum); and
4. Know that your future refunds will be applied to your tax debt until it is paid in full.
You can avoid the fee for setting up an installment agreement or installment agreement:
If you pay the full amount you owe within 120 days to avoid the fee.
Just call our firm to get started today.
If you cannot pay the full amount within 120 days, the fee for setting up an agreement is:
* $52 for a direct debit agreement;
* $105 for a standard agreement or payroll deduction agreement; or
* $43 if your income is below a certain level.
Apply for an installment agreement
Fresh Start Tax LLC will apply online if you owe $50,000 or less in combined individual income tax, penalties and interest.
If you owe more than $50,000 you will need to complete a form 433A along with complete documentation.
At this point we will call the IRS and get a tax solution that best fits your financial needs.
Call us today, 1-866-700-1040.
by Fresh Start Tax | Oct 8, 2012 | IRS Tax Experts, IRS Tax Problem, Representation, Tax Help
IRS Tax Help – STOP IRS with a Collection Due Process – Orlando, Tampa, St. Petersburg – Florida
Mr. Michael D. Sullivan is a Former IRS Agent and Teaching Instructor with the Internal Revenue Service. Serving Florida since 1982.
We are friendly and affordable. We can Stop your IRS tax problem.
It is very possible to stop the IRS with one telephone call depending where your case is in the IRS system. The best time to stop the IRS right in there tracks is when you are in letter or notice status.
There are other tricks and techniques and they vary from case to case. After we review cases we can best set out a course to get you IRS Tax Problem Help.
Call us today for a no cost consult and let us work out a plan to manage the IRS for you. 1-866-700-1040.
If you received this Notice: Letter number CP 504.
If you just got a Notice Number CP504.
It will say – “Urgent!! We intend to levy Certain Assets.
We can stop the IRS. You must act within that 30 day window. If you have missed that opportunity you must file a notice of action within the L-1058 letter time frame which is the last of the series of notices that the IRS sends.
After that notice IRS will take enforcement action with the filing of the federal tax levies, bank and wages levies.
The IRS cannot levy with just this notice.
They must first issue a formal Notice of Intent to Levy, and that is the next step after this notice. By calling us when you receive this letter we can completely control the IRS.
If the IRS claims that they will Lien or Levy your assets.
The IRS Collection function says they are going to file a lien or levy your assets. What can you do?
We will contact the Collection function to discuss your situation and your payment options. We will discuss with you Publication 1660, Collection Appeal Rights to review your appeal rights.
Some Collection actions qualify for appeal under the Collection Appeals Program (CAP) and some qualify under the Collection Due Process (CDP) appeal.
These two programs offer different advantages depending on the facts of your case. Publication 1660 will help you decide which is best for you.
You received a Notice of Federal Tax Lien and Right to a Hearing
If you just received a Notice of Federal Tax Lien Filing and Your Right to a Hearing Under IRC 6320, Letter 3172.
The Letter 3172 gives you 30 days to request a Collection Due Process (CDP) hearing to discuss the lien filing. We will request a CDP hearing if you feel the lien is inappropriate and will cause a hardship.
However, as explained in Publication 1660, in a CDP hearing Appeals can only discuss the existence of or amount that you owe under very limited circumstances. If Appeals cannot consider the underlying liability, you have three options to re-open that issue:
1. Pay the amount due in full and file a claim for refund. If the IRS disallows your claim you will have the right to Appeal at that time.
2. Follow the instructions in Publication 3598 and request an Audit Reconsideration. Note that you must submit new information the IRS did not previously consider in order to have an audit reconsideration.
3. Follow the instruction in Form 656 and file an Offer in Compromise, Doubt as to Liability.
You just received a Letter L-1058
If you just received a Letter L-1058 or LT11 – FINAL NOTICE OF INTENT TO LEVY AND NOTICE OF YOUR RIGHT TO A HEARING this is your last chance to appeal with the IRS. Do not let this opportunity slip by.
We will discuss with you Publication 1660. The Letter 3172 gives you 30 days to request a Collection Due Process (CDP) hearing. We will request a CDP hearing if you feel the levy is inappropriate.
However, as explained in Publication 1660, in a CDP hearing Appeals can only discuss the existence of or amount that you owe under very limited circumstances.
Call us today for find out more. 1-86-700-1040.
by Fresh Start Tax | Oct 1, 2012 | IRS Tax Problem, Representation, Tax Lawyer
Do not panic and stop the worry. We have been representing clients since 1982.
Let us take the worry away. Get representation from Former Agents and Attorneys.
If you have received a “Notice of Intent to Offset” and need Federal or State Representation call us today and speak directly to a Tax Attorneys, Tax Lawyers or Former IRS Agents. 1-866-700- 1040
We have over 206 years of federal and state tax experience and over 60 years of working with the federal government.
We have worked in the local, district and regional offices of the IRS and have worked with State Tax Agencies.
There are different protocols for working these cases based on the circumstances of each unique situation as well as the government agencies whose job it is to collect.
Call us today and we can review your case for no charge. 1-866-700-1040.
Questions and answers commonly asked:
1.Why did I receive a Notice of Intent to Offset?
Most government agencies office participates in the Treasury Offset Program. Under this program, the Department of Treasury may reduce or withhold any of your eligible federal payments, such as income tax refunds, so that they may be applied toward your outstanding federal debt.
Generally a financial litigation unit sends a notice describing this program to all debtors in active collection cases.
2. What happens if I cannot pay my debt in full, how will the Department of Treasury work with me?
Most persons cannot pay there debt in full or may never be able to pay it at all. There are different programs available to deal with the situation.
Many times the Department of Treasury will require payments, put you in hardship where no payments are required of may consider a settlement.
A Financial statement is required with complete documentation before the Treasury will close out your case. You should call us today and we should be able to help you restore your life.
3.What kinds of federal payments can be reduced?
Depending upon the type of debt you owe, the following federal payments may be eligible for offset or levy:
a. tax refunds
b. wages, including military pay
c. retirement, including military retirement pay
d. contractor/vendor payments
e. travel advances and reimbursements
f. certain federal benefit payments, including Social Security benefits (other than
What is the Treasury Offset Program?
The Treasury Offset program is a centralized offset program, administered by the Financial Management Service’s (FMS) Debt Management Services (DMS), to collect delinquent debts owed to federal agencies and states (including past-due child support), in accordance with 26 U.S.C. § 6402(d) (collection of debts owed to federal agencies), 31 U.S.C. § 3720A (reduction of tax refund by amount of the debts), and other applicable laws. FMS disburses federal payments, such as federal tax refunds, for agencies making federal payments (known as “payment agencies”), such as the Internal Revenue Service.
“Creditor agencies,” such as the Department of Education, Justice etc… submit delinquent debts to FMS for collection and inclusion in TOP and certify that such debts qualify for collection by offset.
Payment agencies prepare and certify payment vouchers to FMS and disbursing officials at other federal agencies that are non-Treasury disbursed (such as the Department of Defense), who then disburse payments.
The payment vouchers contain information about the payment including the name and Tax Identification Number (TIN) of the recipient. Before an eligible federal payment is disbursed to a payee, disbursing officials compare the payment information with debtor information, which has been supplied by the creditor agency, in FMS’ delinquent debtor database.
If the payee’s name and TIN match the name and TIN of a debtor, the disbursing official offsets the payment, in whole or in part, to satisfy the debt, to the extent legally allowed. The disbursing official is required to perform such offset pursuant to 31 U.S.C. § 3716(c).
FMS transmits amounts collected through offset to the appropriate creditor agencies. FMS maintains information about the delinquent debt in the TOP delinquent debtor database and continues to offset eligible federal payments until the creditor agency suspends or terminates debt collection or offset activity for the debt.
A creditor agency will suspend collection if the debt is subject to a bankruptcy stay or if other reasons justify suspension.
A creditor agency will terminate collection of a debt if it is paid in full, compromised, discharged, or if other reasons justify termination.
Call us to learn more, 1-866-700-1040.
by Fresh Start Tax | Sep 27, 2012 | Expatriate Tax, FBAR, IRS Tax Problem, Tax Lawyer
Unfiled, Delinquent FBAR – Liechtenstein: A Sign of What’s to Come
Stop the worry today! We have handled many successful FBAR clients, including those with an unfiled or delinquent FBAR.
Call us today and we can explain to you how to get back in the system. do not let Unfiled or Delinquent FBARs stress you out. We can settle your case without worry.
There has been a natural fear built in the FBAR program and we can help relieve you of the fear and worry. We can file all back FBAR reports, file your amended 1040’s and work out a successful tax settlement.
Most of the time we will recommend “quiet settlements.”
We have over 205 years of professional tax experience and over 60 years of direct experience at the IRS in the local, district and regional offices of the Internal Revenue Service.
We taught Tax Law at the IRS and know all the tax polices and tax procedure to settle your case. 1-866-700-1040.
Liechtenstein
With the explosion of the UBS the domino’s started to fall and one of the questions everyone was asking was, ” would Liechtenstein fall ?”.
It did and now, taxpayers are scrambling.
Liechtenstein finally informed on their Bank Clients on the U.S. Tax Evasion Request
Liechtenstein has told American clients of the principality’s oldest bank that U.S. authorities have requested their account data as they widen a tax evasion and potential tax fraud probe.
Accounts at‘ Liechtensteinische Landesbank AG (LLB)” that contained at least $500,000 at any time since the beginning of 2004 are covered by the information request, according to a May 30 letter sent to a client by the principality’s tax authority.
Liechtenstein facilitated the so-called group request from the U.S. by amending a tax law in March.
Liechtenstein’s second-biggest bank, also known as LLB, is one of 11 financial firms, including Credit Suisse Group AG (CSGN) and Julius Baer Group Ltd. (BAER), being investigated as part of a U.S. probe of offshore tax evasion.
The Stakes
The stakes for Swiss banks were raised after the Department of Justice indicted Wegelin & Co. on Feb. 2 for allegedly helping customers hide money from the Internal Revenue Service. The IRS is taking a very aggressive approach to collect monies on FBAR and are funding huge amounts of revenue to go after the deep foreign taxpayers pockets of monies.
The Motivation.
“The motivation for the law is the Landesbank issue, which has accelerated the process,” said Mario Frick, a partner at Liechtenstein law firm Seeger, Frick & Partner. “For a certain period of time, it will be possible to make group requests to clean up the past and the issue of legacy assets.”
Landesbank, which had 48.1 billion Swiss francs ($50 billion) of assets under management at the end of 2011, confirmed it has received a group request via the Liechtenstein authorities, Cyrill Sele, a spokesman for the bank in Vaduz, said in an e-mailed response to questions.
Third Parties
“The ruling to extend the period of applicability back to the tax year 2001 in the administrative assistance law with the U.S. is limited to 12 months from the date it comes into force,” said Sele. It “is closely linked to the ongoing U.S. offshore voluntary disclosure program.”
Those affected by the U.S. request for information have the right to appeal, according to the letter.
In the Liechtenstein group request, U.S. authorities are also targeting lawyers, accountants, financial advisers, asset managers and those responsible for professional “asset protection,” who “conspired with a U.S. taxpayer to commit U.S. crimes or provided assistance,” according to the letter.
The sign of what is to come
“It’s a sign that the U.S. is not just focused on Switzerland, but on all offshore jurisdictions with Singapore, Dubai and Hong Kong very much on the radar screen,” said Milan Patel, a partner at Zurich-based law firm Anaford AG. “This request appears to be much more expansive than the agreement with Switzerland and aims to get information on third parties.”
UBS Precedent
Swiss banks are seeking a settlement with the U.S. as Liechtenstein’s larger Alpine neighbor, the world’s biggest center for offshore wealth, tries to shed its image as a haven for undeclared assets. That may involve negotiating separate deferred prosecution agreements with U.S. authorities.
UBS AG, the biggest Swiss bank, avoided prosecution in 2009 by paying $780 million, admitting it fostered tax evasion and giving the IRS data on more than 250 accounts. It later turned over data on another 4,450 accounts. Before the UBS deferred- prosecution deal, U.S. prosecutors said the bank managed $20 billion in undeclared assets for American clients.
Landesbank declined to comment on whether the handover of account data under the group request would allow the bank to enter a deferred prosecution agreement.
Christof Buri, a spokesman for larger Liechtenstein rival LGT Group, which had 86.9 billion francs of assets under management at the end of last year, said the bank only has tax- compliant U.S. clients. The bank, owned by Liechtenstein’s princely family, declined to comment further.
Unwinding Secrecy
Liechtenstein started to unwind secrecy after data stolen from LGT was used by Germany to prosecute tax evaders in 2008. Former Deutsche Post AG (DPW) Chief Executive Officer Klaus Zumwinkel was convicted of tax evasion and received a two-year suspended prison sentence plus a penalty of 1 million euros ($1.25 million).
Under pressure from the U.S., Germany and France, Liechtenstein said in March 2009 that it would conform with tax standards set out by the Organization for Economic Cooperation and Development to avoid being blacklisted as a tax haven.
Markus Amman, a spokesman for the Liechtenstein government, and Katja Gey, who helped negotiate a tax deal for the principality with the U.K., didn’t answer calls to their mobile phones.
“It’s only a question of time, say three to five years, when this type of group request will become standard for future business,” said lawyer Frick. “Liechtenstein is a small country that has had a reputation for not cooperating in the field of tax and that’s something that has to change. We have to find new areas of business.
”Contribution made by Bloomberg/ Dylan Griffiths in Geneva. thank you.
The Bottom Line. Unfiled, Delinquent FBAR
Taxpayers with worries should contact our office today for a no cost consult. We can inform you of the possibility of making a quiet disclosure. 1-866-700-1040.
Speak to a Expert FBAR Tax Attorney, Tax Lawyer, CPA or Former IRS Agents.
Unfiled, Delinquent FBAR – Liechtenstein: A Sign of What’s to Come
