by steve | Sep 11, 2009 | Tax Help, Uncategorized
It may surprise you, but the number of offer’s in compromise being filed has dropped over the last couple of years. In 2005, just over 74,000 offers in compromise were filed. In 2007, only 46,000 were received. Why the drop??? The writer believes that the tax industry got the message not to send in a mess. Most of the offers that were filed were sloppy to say the least. The IRS has standards and people were ignoring them. Commercialism has hurt this industry because of unethical people trying to pick up a buck. Companies need to realize these are real people with real tax problems. The problem is to be taken serious. Look for experienced people working your offers in compromise.
by steve | Sep 11, 2009 | Tax Help, Uncategorized
First time home buyers beware, December 1st is your date, but do not try to fool the IRS with a false claim.
The IRS has 25 criminal investigations going on at the present time because the 5405 form is so easy to fill out.
The IRS is on the lookout for individuals playing games by trying to put in false claims. They have a specialized program with triggers in place for those who want to mess around with them.
With the computer age, verification is so much easier.
Beware.
by steve | Sep 11, 2009 | Tax Help, Uncategorized
The Internal Revenue Service receives about 78,000 offers in compromise each year. Right now approximately 38% of all offers in compromise are accepted by the Internal Revenue Service for an average of $.14 on a dollar.
Please be advised, I am a former IRS revenue officer in teaching instructor.
I worked the offer in compromise program at the Internal Revenue Service and are a true expert for settling your tax debt for pennies on the dollar, the offer in compromise.
You should beware of firms making false claims that everybody can settle their tax debt for pennies on a dollar.
There are certain qualifications that everyone must meet.
Because of a number of fraudulent claims made by tax firms promising “settle your IRS debt for pennies on a dollar”, the IRS has instituted a pre-qualifier tool to find out if you are a true and valid candidate to settle your tax debt for pennies on the dollar.
Sometimes you can and sometimes you can’t settle for pennies, so beware.
When contacting firms on the Internet make sure you are contacting a professional tax firm that has a lot of experience in dealing with the Internal Revenue Service, so please be advised of the following
This is a total pick up line. At a bar, it is “can I buy you a drink”?
In the tax business, ” pennies on a dollar” is possible, but then again I may hit the lottery if I believe all the adds.
Offering to settle your case for pennies on the dollar is a quick way to make a buck and deceive the taxpayer.
These campaigns are fundraisers for the owners of the companies to buy vacation homes.
The OIC process takes about 6-8 months to complete.
The IRS takes a meticulous look at all records before they are accepted. All OIC are a matter of public record.
Do not let anyone file your OIC unless the specific person working on your case has filed at least one hundred.
Do your homework before choosing a company.
If you want to know the truth whether you can settle your IRS tax debt for pennies on the dollar using the offer compromise contact us today and speak to true IRS tax experts who know the system.
Settle Your Tax Debt for Pennies On a Dollar = Offer in Compromise, What you MUST KNOW, Former IRS
by steve | Sep 11, 2009 | Tax Help, Uncategorized
Back in the day when I worked at Internal Revenue Service we would spend hours and hours trying to find information about taxpayers. Today a simple click of a button can get information to Internal Revenue Service in lightning speed.
A lot of IRS’s work is now done on the computer system.
The IRS uses a very specific search engine to get information about you.One of the main search tools is called “ACCURINT”. A killer search engine.
It is open to the public or anyone who wants to pay for the service.
Different agency’s use other search engines, but that is IRS ‘s engine of choice. It allows them to go back as far as they need too.
There are also different levels in the engine to obtain all kinds of information.
I recently had a case that the IRS used ACCURINT to pull up a court case.
They summoned information from the attorneys and found a wealth of assets no one knew about.
The IRS usually pulls these report up on almost all large cases.
If you owe money to the Internal Revenue Service on back taxes, it is very important you tell the truth and giving them financial statements.
IRS will find out almost all the time all the information they need by spending less than one hour on a computer.
If you are back taxes and need professional tax help it only makes sense to call former IRS agents and managers who know every part of the system.
OWE IRS Taxes + Here is How IRS Finds Out About You = IRS Tax Experts, Former Agent, Since 1982
by steve | Sep 10, 2009 | Tax Help, Uncategorized
As former IRS agents and teaching instructors most taxpayers are unaware that IRS scores every tax return for the potential of a tax audit.
Only those scores with the highest DIF score have the potential for IRS tax audit.
All key codes on every tax return are entered into the general data base.
Each tax return has a DIF number attached to it.
It is a series of internal codes that the IRS uses to determine whether or not it wants to audit the tax returns.
It is based on norms for certain averages and the codes are kept locked up deep within the IRS vault.
Fall out of the average DIF scores and you can expect to be audited.
It should also be noted that the IRS randomly samples a number of returns throughout the year.
Please keep in mind there there are a variety of different IRS audit techniques that Internal Revenue Service uses.
The DIF score is the most common audit but there are generally 8 to 10 other audit techniques and IRS uses to bring cases to the field.
If you have worked at Internal Revenue Service and pulled the tax return for your own work use, you will find a sticker on the back of every return that indicates it’s DIF score.
The Internal Revenue Service audits less than 1% of all taxpayers each and every year.
If you are undergoing an IRS audit it only makes common sense to hire former IRS agents who know the systems, formulas and the settlement theories to successfully settle an IRS tax audit.
IRS Tax Audit Help = The IRS Computer System Scores Every Tax Return for a IRS Tax Audit = Former IRS Audit Agents Experts
by steve | Sep 10, 2009 | Tax Help, Uncategorized
Payroll taxes, 941’s are on the IRS hit list.
The IRS works at and gives full attention to payroll tax cases. These are the so-called Trust Fund cases. Since these are monies held by a company ” in trust”, the IRS expects these to be paid over, on time, faithfully. When the IRS finds this is not the case, they come on strong. Most of the time, they will require a financial statement from the owner of the business to prepare to go after the responsible officers individually for the taxes. These are not taxes to fool around with. Never fall behind on them. Borrow money if you must, to pay them when required.
When you get behind call us.
IRS treats these cases under 6672 of the IRC code.
