by Fresh Start Tax | Jul 5, 2012 | Back Taxes, IRS Tax Problem, Representation, Tax Help, Tax Lawyer
Tax Representation Firm – Miami, Ft.Lauderdale, Palm Beach – Tax Attorneys, CPA’s, Former IRS 954-492-0088
We are a Professional Tax Representation Firm. We have been serving the South Florida, Miami, Ft.Lauderdale, Palm Beach area since 1982.
We have worked out of the local South Florida IRS Offices for over 60 years.
We have also taught Tax Law at the IRS.
We are comprised of Tax Attorneys, Lawyers, CPA’s, and Former IRS Agents. Call 954-492-0088.
It is very important to hire a local tax representation.
Also, it is always best for a taxpayer/ client to met with the tax firm and or the professional persons that will be involved with working and closing your individual case. Face to face meetings are a must to get a feel for the firm and the personalities.
What to look for in a Tax Representation Firm.
1. Years of professional tax experience,
2. Work experience of the staff and those assigned to your case,
3. Direct IRS knowledge of collection and tax audit cases,
4. BBB rating of the tax firm,
5. Fees or professional costs involved,
6. Any professional tax firm will not guarantee a fixed result.
7. Local IRS knowledge.
We are available for a no cost professional tax consultation by office visit or by telephone.
Areas of Professional Tax Representation Practice:
- Same Day IRS Tax Representation
- Offers in Compromise or IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits
- IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction if Tax Records are lost or destroyed
- Tax Representation Firm
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM and Reach FM Monthly Radio Show-Business Weekly
Tax Representation Firm – Miami, Ft.Lauderdale, Palm Beach – Tax Attorneys, CPA’s, Former IRS
See our Home Page for more details Thank you
by Fresh Start Tax | Jul 5, 2012 | Expatriate Tax, FBAR, Representation, Tax Lawyer, Tax Settlements
Expatriate or FBAR . We are a Professional Tax Representation Firm staffed with Tax Attorneys, Tax Lawyers, CPA’s and Former IRS Agents. We are a specialized Tax Firm.
If you are seeking a professional tax firm that can reduce your tax debt call us today for a no cost professional tax review and consult. 1-866-700-1040
Knowing the Tax Laws can save you big money. Consider this, we taught Tax Law at the IRS as former IRS Agents.
At Fresh Start Tax L.L.C., we are comprised of Board Certified Tax Attorneys, Lawyers, CPA’s and Former IRS Agents that have over 205 years of professional tax experience.
We have over 60 years work experience in the audit, collection and IRS management.
We are a true experienced professional tax representation firm.
Save your money!
There are so many different opportunity’s for United States Expatriates to both save and avoid the double taxation through the use of tax exclusions. Some of these exclusions are:
1. Foreign Earned Income Exclusion.
2. Housing Exclusion,
3. Housing Deductions
4. Foreign Earned Income Tax Credits,
5. Foreign Tax Credits
What is a Foreign Source Income?
Generally foreign source income received by a nonresident alien is not subject to U.S. taxation.
United States Source Interest Income that is not connected with a United States trade or business is excluded from income if it is from:
1. Deposits (including certificates of deposit) with persons in the banking business,
2. Deposits or with sustentation accounts with mutual savings banks, cooperative banks,credit unions, domestic building and loan associations, and other savings institutions chartered and supervised as savings and loan or similar associations under federal or state law, if the interest paid or credited can be deducted by the association,
3. Amounts held by an insurance company under an agreement to pay interest on them,
4. Interest on obligations of a state or political subdivision, the District of Columbia, or a United States possession, generally is not included in income.
However interest on certain private activity bonds, arbitrage bonds, and certain bonds not in registered form is included in income, or U.S. source interest income that is not connected with a United States. trade or business and that is portfolio interest on obligations issued after July 18, 1984, is excluded from income. Check you with with your particular situation.
Should you have any questions regarding Expatriate Tax Laws, Tax Filings or FBAR requirements, call us today for a no cost professional tax consultation. 1-866-700-1040.
We can represent you in all your tax or IRS matters and offer winning tax solutions.
We also can file all back tax returns and settle your back taxes with an offer in compromise.
by Fresh Start Tax | Jul 4, 2012 | Back Taxes, FBAR, IRS Tax Problem, Representation, Tax Lawyer, Tax Returns
FBAR Filings – Free Tax Advice – Tax Attorneys, Lawyers – Former IRS
There are many questions regarding the filing of FBAR and making Voluntary Disclosures to the IRS.
There are also various opinions on how this should be done.
It is always best to speak directly to a tax attorney, tax lawyer or Former IRS Agent to go over all your tax options regarding FBAR and Voluntary Disclosure.
We are a professional tax firm specializing in FBAR and ExPat cases.
These are two of the most common questions asked:
1. Why should I make a voluntary disclosure?
Taxpayers with undisclosed foreign accounts or entities should make a voluntary disclosure because it enables them to become compliant, avoid substantial civil penalties and generally eliminate the risk of criminal prosecution.
Making these voluntary disclosure also provides the opportunity to calculate, with a reasonable degree of certainty, the total cost of resolving all offshore tax issues.
Taxpayers who do not submit a voluntary disclosure run the risk of detection by the IRS and the imposition of substantial penalties, including the fraud penalty and foreign information return penalties, and an increased risk of criminal prosecution.
The IRS along with different countries are putting in tax treaties to deal with the problem of unreported FBAR based on bank account information they are currently receiving.
Due to recent funding the IRS is ramping up CADE 2, the new IRS computer system that will help full compliance.
It is in the best interest to all taxpayers to find the IRS before they find you.
2. What is the IRS’s Voluntary Disclosure Practice?
The Voluntary Disclosure Practice is a longstanding practice of IRS Criminal Investigation of taking timely, accurate, and complete voluntary disclosures into account in deciding whether to recommend to the Department of Justice that a taxpayer be criminally prosecuted.
It enables non compliant taxpayers to resolve their tax liabilities and minimize their chances of criminal prosecution. When a taxpayer truthfully, timely, and completely complies with all provisions of the voluntary disclosure practice, the IRS will not recommend criminal prosecution to the Department of Justice.
The general rule of thumb, file first and beat criminal prosecution.
FBAR & Voluntary Disclosure – IRS FBAR Tax Relief – Tax Experts – Tax Attorneys, CPA’s, Former IRS
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
by Fresh Start Tax | Jul 3, 2012 | FBAR, Representation, Tax Lawyer
Foreign Bank Account Reports – FBAR Lawyers, Former IRS – Free Tax Advice – FBAR Experts
FBAR is here to stay.IRS has found a pot of gold at the end of this FBAR rainbow.
The IRS and the U.S. Department of Treasury will make a living from FBAR alone. FBAR, Foreign Bank Account Reporting is paying the bills of the Treasury.
The Feds have collected over $4 Billion big ones so far and that they say is just the tip of the iceberg. Much more is coming, the more tax treaties the more money. When Lichtenstein falls it all goes.
The IRS is hiring more agents and gearing up their computer system CADE 2 to find tax cheats and tax evaders through their new computerized systems and it is working.
For years IRS has been getting by with 80’s technology and now with the new funding will catch up to modernization of modern day businesses and banks.
FBAR ( Foreign Bank Account Reports ) will not go away until the IRS sucks all the blood out of all the taxpayers who have the responsibility to file and report thru FBAR.
The Report of FinCEN, the definitive source for FBAR
Foreign Bank and Financial Accounts Report (FBAR) Responsibilities
“The Financial Crimes Enforcement Network (FinCEN) issued a rule that amends the Bank Secrecy Act (BSA) implementing regulations regarding the Report of Foreign Bank and Financial Accounts (FBAR).
The FBAR filing requirements, authorized under one of the original provisions of the BSA, have been in place since 1972.
The FBAR form is used to report a financial interest in, or signature or other authority over, one or more financial accounts in foreign countries. No report is required if the aggregate value of the accounts does not exceed $10,000.
On February 26, 2010, FinCEN issued a Notice of Proposed Rule making (NPRM) addressing the FBAR rules.
The final rule adopts the proposed changes with slight modifications.
The preamble to the new final rule explains FinCEN’s approach to issues raised in comments submitted in response to the NPRM from tax professionals and industry experts.
The preamble to the final rule: and I quote
explains whether an account is foreign and therefore reportable as a foreign financial account and addresses the treatment of custodial accounts in this context;
revises the definition of signature or other authority to more clearly apply to individuals who have the authority to control the disposition of assets in the account by direct communication (whether in writing or otherwise) to the foreign financial institution;
explains that an officer or employee who files an FBAR because of signature or other authority over the foreign financial account of their employer is not expected to personally maintain the records of the foreign financial accounts of their employer;
and also,
advises filers that they may rely on provisions of this final rule in order to determine their filing obligation for FBARs in those cases where filing was properly deferred under prior Treasury guidance.”
What the taxpayer should do re: (Foreign Bank Account Reports – FBAR)
Each taxpayer is responsible for their own reporting and financial disclosures to the IRS. At the present time IRS is giving grace to certain individuals where tax fraud is not involved. There will be a period of time in the near future in which the IRS will no longer forgive non-filers and delinquents.
Call us today for a no cost professional tax consultation. 1-866-700-1040
Speak directly to FBAR Tax Lawyers, Attorneys, and Former IRS Agents.
Foreign Bank Account Reports – FBAR Lawyers, Former IRS – Free Tax Advice – FBAR Experts
Areas of Professional Tax Practice:
- Same Day IRS Tax Representation
- FBAR Tax Representation
- Offers in Compromise or IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits
- IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction if Tax Records are lost or destroyed
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
by Fresh Start Tax | Jul 3, 2012 | Expatriate Tax, FBAR, Representation, Tax Lawyer, Tax News, Tax Returns
We are Ex- Pat and FBAR tax specialists. We are tax experts. As Former IRS agents we taught Tax Law at the IRS.
We have successful handled a great deal of both Ex- Pat and FBAR cases.
You can call today for a no cost professional confidential consultation.
We are comprised of Board Certified Tax Attorneys, Lawyers, CPA’s and Former IRS Agents.
We have over 205 years of professional tax experience and over 60 years of direct work experience with the IRS. We worked in the local, district and regional offices of the Internal Revenue Service.
Do you need to file a tax return for the IRS?
Under the new health care plan IRS is coming. The current tax appropriations under the new law is about to let the IRS loose.
Among the various new requirements of the IRS that are contained in IRC 877 and 877A, individuals that renounced their U.S. citizenship or terminated their long-term resident status for tax purposes after June 3, 2004 are required to certify to the IRS that they have satisfied all federal tax requirements for the 5 years prior to expatriation.
If all your federal tax requirements have not been satisfied for the 5 years prior to expatriation, even if the individual does not meet the monetary thresholds in IRC 877 or 877A, the individual taxpayer will be subject to the IRC 877 and 877A expatriation tax provisions.
Individual(s) that have expatriated should file all tax returns that are due, regardless of whether or not full payment can be made with the return.
Depending on an individual’s circumstances, a taxpayer filing late may qualify for a payment plan.
All payment plans to the IRS require continued compliance with all filing and payment responsibilities after the plan is approved and throughout the course of the plan.
IRS imposes a $10,000 penalty may be imposed for failure to file Form 8854 when required.
IRS is sending notices to expatriates that have not complied with the Form 8854 requirements, including the imposition of the $10,000 penalty where appropriate.
IRS is acquiring lists through tax treaties with and through various countries.
Failure to file or not including all the information required by the form or including incorrect information will result in large penalties.
FBAR REQUIREMENTS
If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Internal Revenue Service by filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR).
The FBAR is required because foreign financial institutions may not be subject to the same reporting requirements as domestic financial institutions. You should call us if you have questions.
Federal Tax Investigators with the IRS use FBARs to help identify or trace funds used for illicit purposes or to identify unreported income maintained or generated abroad.
It is important to know that the IRS is receiving $500 million dollars in funding under the new health care plan, yes, the new health care plan.
A lot of that budget will be at the expense of Ex-Pats and FBAR
We are EXPAT, FBAR Tax Specialists. Comprised of Tax Attorneys, Lawyers and Former IRS. We are affordable, experienced and will tell you the truth about your case.
by Fresh Start Tax | Jul 2, 2012 | Back Taxes, IRS Tax Problem, Representation, Tax Help, Tax Lawyer
IRS Help – Ft.Lauderdale, Miami, Palm Beach – Former IRS, Attorneys, CPA’s – IRS Tax Experts 954-492-0088
If you are looking for IRS tax help it only makes sense to hire former IRS agents, managers and tax instructors. We have over 60 years of working directly for the IRS and the local South Florida office as agents, instructors, managers, and former IRS appellate agents.
Hire Former Local IRS Agents who taught Tax Law at the IRS.
If you are looking for IRS Tax Help in Ft. Lauderdale, Miami or the Palm Beaches you may want to call Fresh Start Tax L.L.C. 954-492-0088 your Local Tax Firm.
We are comprised of Former IRS Agents, Managers and Teaching Instructors who worked out of the local South Florida IRS offices for over 60 years.
We have a combined 205 years of total IRS work experience. We are the premier tax firm in Ft. Lauderdale, Miami, and the Palm Beaches for IRS Help.
We taught Tax Law out of the local district and regional IRS offices.
We have on staff Tax Attorneys, Tax Lawyers, CPA’s and Former IRS Agents.
We are a IRS Tax Specialty Firm specifically dealing with all State and Federal Tax Issues. We offer IRS Help for any type of IRS back tax problem.
You may call us for a no cost professional tax consultation or visit our offices.
Areas of Professional Tax Practice:
- Same Day IRS Tax Representation
- Offers in Compromise or IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits
- IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction if Tax Records are lost or destroyed
- IRS Help
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
IRS Help – Ft.Lauderdale, Miami, Palm Beach – Former IRS, Attorneys, CPA’s – IRS Tax Experts
