by Fresh Start Tax | May 22, 2019 | Tax Help
We are the Affordable local professional tax firm, since 1982. If you owe individual, business tax debt, call us for a free tax consultation.
We have over 65 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We have worked as IRS managers, IRS supervisors and IRS teaching instructors .
On staff are not only former IRS agents, but CPAs, enrolled agents, a tax lawyer who is a CPA and tax attorney as well.
Back Business Tax Debt & Tax Returns & Tax Filings
Any time you owe back business tax debt the IRS will conduct a full compliance check. A full compliance check means that IRS will pull your working individual history and your business history to see what taxes are owed and what tax returns remain unfiled.
The Internal Revenue Service will work both cases at the same time.
Back Payroll taxes are a concern for Internal Revenue Service because e taxes are actually trust fund taxes, that is, a company holds taxes for the benefit of the government.
When taxes are not paid a red flag is raised and IRS makes every possible effort to collect e payroll taxes and go after the responsible individuals whose job it was to collect and turn over back taxes.
IRS we use every avenue of enforced collections to do so. I should know, I am a former revenue officer who used to work e cases and I know the very best tax defense.
We can go ahead and file all your Unfiled payroll tax returns and settle your debt all at the same time.
It is critical that you understand that you do not want IRS the filing your tax delinquent tax returns for you. 6020b will become a problem!
Under 6020 B of the Internal Revenue Code, the IRS has the right to prepare your back payroll tax returns if you do not voluntarily file them. this will be nothing but trouble for you.
IRS can set up a personal assessment against you and collect the tax as though you owe individual income taxes. Yes you can be held personally responsible for the back payroll taxes. You can be subject to tax levies and tax liens.
Personal Responsibility for Payroll Taxes, BEWARE. 941 taxes
If the IRS has found you a responsible person for the trust fund penalty, call us today for free initial tax consultation and we will walk you through the process of resolving this tax at once and for all.
As former IRS agents we set up trust fund penalties against responsible persons for corporate or businesses that owed back payroll taxes.
If a company can no longer pay their back payroll taxes, the Internal Revenue Service has the right under 6672 to set up the trust fund debt against those who are held responsible. This is called the trust fund penalty.
Who Can Be Responsible for the Trust Fund Taxes, code section 6672.
Can it Be You?
IRS will take a look at anybody that had any control of the business.
An officer or an employee of a corporation;
A member or employee of a partnership;
A corporate director or shareholder or member;
A member of a board of trustees of a nonprofit organization, or anyone deemed to be responsible;
Other persons with authority and who had control over funds to direct their disbursement;
Those who consultation and with full knowledge chose not to pay the payroll tax liability.
There Is Not Any One Factor That Lead to Responsibility. IRS Looks at the Overall Responsibility.
You’ll know if you are one of e persons because you will receive IRS form 2751 & 1153 indicating a proposed notice of assessment against you.
As soon as we review your case we can instantly tell you ways to help resolve your problem.
Being former IRS agents and managers we know every possible solution to remedy this tax debt. We can resolve and possibly reduce your tax obligation.
There are various solutions you have for delinquent tax relief:
The basic examinations include:
1. trust fund appeals, the possibility of an offer in compromise, doubt to liability,
2.hardships, or currently not collectible,
3. payments plan, and
4. the offer in compromise, if you are a qualified and suitable candidate.
5. bankruptcy is another option.
The Process of Getting IRS Tax Debt Relief on Trust Fund Tax Debt, 6672 penalty
We need to look to find out if you were truly responsible under 6672 of the IRS code. many time IRS ram rods e penalties to people who truly were not responsible for trust fund taxes.
I’ve work so many cases and being a former IRS agent IRS just tries to set e penalties up against everybody and many people do not have proper representation to fight IRS.
We will carefully review your case to find out if you were truly responsible for the trust fund penalty.
We will conduct a review to find out if there is any way that we can appeal for change the assessment of this trust fund tax.
If we feel we would’ve beat this assessment through the appellate process we can go ahead and file an offer in compromise as to doubt as to liability and appeal this assessment.
If you are responsible for the tax, IRS will take a current financial statement and make a determination based on the collectivity of the tax.
How the Internal Revenue Service will work your case if you owe back payroll IRS tax debt.
IRS will require a 433A or 433F, an individual financial statement.
Many times the IRS uses 433F, depending were the cases in the system. Cases worked in the ACS system uses shorter version of the financial statement.
If the case is worked in the local office the revenue officer will use form 433.A
That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.
We will walk you through the process of how the IRS will work your case in the collection action that can possibly be taken.
Will also review with you the IRS national standards program on all cases for those who owe back taxes.
Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.
IRS will generally close your case by:
1.IRS determines on 40% of the cases that taxpayers are put into hardship which means they can’t pay the tax at this time. Sometimes it is called currently not collectible. Cases that are an issue at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time.
2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement.
Other taxpayers file an offer in compromise to settle their case for pennies on the dollar. The offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service.
Call us today for free initial tax consultation. Hear the truth!
We are a full-service firm with a specialty in expertise in all IRS matters.
We have over 200 years of professional tax experience and can fully resolve any IRS problem especially if you owe business tax debt and wish to settle with the Internal Revenue Service.
We can prepare all back tax filings and resolve your individual, business, or corporate tax problem.
We are the IRS tax Experts. 1-866-700-1040.Staff with former IRS agents, CPAs, a tax attorney tax lawyer.
IRS Tax Lawyer, Attorney Help + Owe Business Taxes + Settle Tax Debt + Back Tax Returns + Individual, Business, Corporate + Hallandale, Pembroke Park, Hollywood, Dania, Oakland Park, Ft.Lauderdale
by Fresh Start Tax | May 21, 2019 | Tax Help
We are the Affordable, Experienced professional tax firm, since 1982. A plus rated. We know IRS inside and out !!!
We have over 100 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service. We have worked as IRS managers, IRS supervisors, and IRS teaching instructors.
On staff also are CPA’s and a veteran and experienced tax attorney, tax lawyer.
Tax Attorney’s Lawyers ^ IRS Tax Problems ^ Back Debt ^ Tax Settlements ^ IRS Audit, Unfiled Tax Returns
We know every aspect of the Internal Revenue Service and have a tax attorney and a tax lawyer on hand for cases that involve tax court.
IRS tax problems come in all sorts of ways.
From not filing, owing back tax debt, IRS tax audits, business tax problems, appeals and ANY other tax issue problem.
If you have not filed your tax return our team of former IRS agents and CPA’s can prepare all your back tax returns will reconstruct them if you have no records. We can work out a tax settlement at the same time.
Owing Back IRS Tax Debt
If you owe back tax debt we can let you know exactly how IRS is going to work your case. Once we take a current financial statement we can inform you how the IRS will generally close your case, usually one of three ways. T
hey can put your case into a currently not collectible, ask for a payment agreement or we may advise you that you can set your tax debt for pennies on the dollar.
* see more below on back taxed owed below.
IRS Tax Audit
If IRS sends you nasty gram advising that they will audit your tax return, we can go ahead and have our former IRS agents, managers and teaching instructors can give you the best possible IRS audit tax defense. A tax attorney can represent you if we need to go to tax court.
IRS Tax Appeals
Appeals also is our specialty and our former IRS agents and tax attorney regularly go to appeals if results are not as expected.
Back Business IRS Tax Debt & Tax Returns & Tax Filings
Any time you owe back business tax debt the IRS will conduct a full compliance check. A full compliance check means that IRS will pull your working individual history and your business history to see what taxes are owed and what tax returns remain Unfiled.
The Internal Revenue Service will work both cases at the same time.
Back Payroll taxes are a concern for Internal Revenue Service because these taxes are actually not a tax but trust funds that is, a company holds for the benefit of there employees.
When taxes are not paid a red flag is raised and IRS makes every possible effort to collect payroll taxes and go after the responsible individuals whose job it was to collect and turn over back taxes.
IRS we use every avenue of enforced collections to do so. I should know, I am a former revenue officer who used to work cases and I know the very best tax defense.
We can go ahead and file all your Unfiled payroll tax returns and settle your debt all at the same time.
It is critical that you understand that you do not want IRS the filing your tax delinquent tax returns for you. 6020b will become a problem!
Under 6020 B of the Internal Revenue Code, the IRS has the right to prepare your back payroll tax returns if you do not voluntarily file them. this will be nothing but trouble for you.
IRS can set up a personal assessment against you and collect the tax as though you owe individual income taxes. Yes, you can be held personally responsible for the back payroll taxes. You can be subject to tax levies and tax liens.
Personal Responsibility for Payroll Taxes, BEWARE.
If the IRS has found you a responsible person for the trust fund penalty, call us today for free initial tax consultation and we will walk you through the process of resolving this tax at once and for all.
As former IRS agents, we set up trust fund penalties against responsible persons for corporate or businesses that owed back payroll taxes.
If a company can no longer pay their back payroll taxes, the Internal Revenue Service has the right under 6672 to set up the trust fund debt against those who are held responsible. This is called the trust fund penalty.
Who Can Be Responsible for the Trust Fund Taxes, code section 6672. Can it Be You?
IRS will take a look at anybody that had any control of the business.
Such as:
An officer or an employee of a corporation;
A member or employee of a partnership;
A corporate director or shareholder or member;
A member of a board of trustees of a nonprofit organization, or anyone deemed to be responsible;
Other persons with authority and who had control over funds to direct their disbursement;
Those who consultation and with full knowledge chose not to pay the payroll tax liability.
You’ll know if you are one of persons because you will receive IRS form 2751 & 1153 indicating a proposed notice of assessment against you.
As soon as we review your case we can instantly tell you ways to help resolve your problem.
Options for Back IRS Tax Debt
Being former IRS agents and managers we know every possible solution to remedy this tax debt. We can resolve and possibly reduce your tax obligation.
How the Internal Revenue Service will work your case if you owe back payroll IRS tax debt.
IRS will require a 433A or 433F, an individual financial statement.
Many times the IRS uses 433F, depending were the cases in the system. Cases worked in the ACS system uses a shorter version of the financial statement.
If the case is worked in the local office the revenue officer will use form 433.A
That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.
We will walk you through the process of how the IRS will work your case in the collection action that can possibly taken.
Will also review with you the IRS national standards program on all cases for those who owe back taxes.
Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.
IRS will generally close your case by:
1.IRS determines on 40% of the cases that taxpayers are put into hardship which means they can’t pay the tax at this time.
Sometimes it is called currently not collectible. Cases that are an issue at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time.
2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement.
Other taxpayers file an offer in compromise to settle their case for pennies on the dollar. The offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service.
Call us today for free initial tax consultation. Hear the truth!
We are a full-service firm with a specialty in expertise in all IRS matters.
We have over 200 years of professional tax experience and can fully resolve any IRS problem especially if you owe business tax debt and wish to settle with the Internal Revenue Service.
We can prepare all back tax filings and resolve your individual, business, or corporate tax problem.
Tax Attorney’s Lawyers + IRS Tax Problems, Debt, Settlements, Audit, Unfiled Tax Returns
by Fresh Start Tax | May 21, 2019 | Tax Help
We are the Affordable, Experienced professional tax firm, since 1982. A plus rated. We know IRS inside and out !!!
We have over 100 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service. We have worked as IRS managers, IRS supervisors, and IRS teaching instructors.
On staff also are CPA’s and a veteran and experienced tax attorney, tax lawyer.
We know every aspect of the Internal Revenue Service and have a tax attorney and a tax lawyer on hand for cases that involve tax court.
IRS tax problems come in all sorts of ways.
From not filing, owing back tax debt, IRS tax audits, business tax problems, appeals and ANY other tax issue problem.
If you have not filed your tax return our team of former IRS agents and CPA’s can prepare all your back tax returns will reconstruct them if you have no records. We can work out a tax settlement at the same time.
Owing Back Tax Debt
If you owe back tax debt we can let you know exactly how IRS is going to work your case. Once we take a current financial statement we can inform you how the IRS will generally close your case, usually one of three ways. T
hey can put your case into a currently not collectible, ask for a payment agreement or we may advise you that you can set your tax debt for pennies on the dollar.
* see more below on back taxed owed below.
IRS Tax Audit
If IRS sends you nasty gram advising that they will audit your tax return, we can go ahead and have our former IRS agents, managers and teaching instructors can give you the best possible IRS audit tax defense. A tax attorney can represent you if we need to go to tax court.
IRS Tax Appeals
Appeals also is our specialty and our former IRS agents and tax attorney regularly go to appeals if results are not as expected.
Back Business Tax Debt & Tax Returns & Tax Filings
Any time you owe back business tax debt the IRS will conduct a full compliance check. A full compliance check means that IRS will pull your working individual history and your business history to see what taxes are owed and what tax returns remain Unfiled.
The Internal Revenue Service will work both cases at the same time.
Back Payroll taxes are a concern for Internal Revenue Service because these taxes are actually not a tax but trust funds that is, a company holds for the benefit of there employees.
When taxes are not paid a red flag is raised and IRS makes every possible effort to collect payroll taxes and go after the responsible individuals whose job it was to collect and turn over back taxes.
IRS we use every avenue of enforced collections to do so. I should know, I am a former revenue officer who used to work cases and I know the very best tax defense.
We can go ahead and file all your Unfiled payroll tax returns and settle your debt all at the same time.
It is critical that you understand that you do not want IRS the filing your tax delinquent tax returns for you. 6020b will become a problem!
Under 6020 B of the Internal Revenue Code, the IRS has the right to prepare your back payroll tax returns if you do not voluntarily file them. this will be nothing but trouble for you.
IRS can set up a personal assessment against you and collect the tax as though you owe individual income taxes. Yes, you can be held personally responsible for the back payroll taxes. You can be subject to tax levies and tax liens.
Personal Responsibility for Payroll Taxes, BEWARE.
If the IRS has found you a responsible person for the trust fund penalty, call us today for free initial tax consultation and we will walk you through the process of resolving this tax at once and for all.
As former IRS agents, we set up trust fund penalties against responsible persons for corporate or businesses that owed back payroll taxes.
If a company can no longer pay their back payroll taxes, the Internal Revenue Service has the right under 6672 to set up the trust fund debt against those who are held responsible. This is called the trust fund penalty.
Who Can Be Responsible for the Trust Fund Taxes, code section 6672. Can it Be You?
IRS will take a look at anybody that had any control of the business.
Such as:
An officer or an employee of a corporation;
A member or employee of a partnership;
A corporate director or shareholder or member;
A member of a board of trustees of a nonprofit organization, or anyone deemed to be responsible;
Other persons with authority and who had control over funds to direct their disbursement;
Those who consultation and with full knowledge chose not to pay the payroll tax liability.
You’ll know if you are one of persons because you will receive IRS form 2751 & 1153 indicating a proposed notice of assessment against you.
As soon as we review your case we can instantly tell you ways to help resolve your problem.
Options for Back IRS Tax Debt
Being former IRS agents and managers we know every possible solution to remedy this tax debt. We can resolve and possibly reduce your tax obligation.
How the Internal Revenue Service will work your case if you owe back payroll IRS tax debt.
IRS will require a 433A or 433F, an individual financial statement.
Many times the IRS uses 433F, depending were the cases in the system. Cases worked in the ACS system uses a shorter version of the financial statement.
If the case is worked in the local office the revenue officer will use form 433.A
That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.
We will walk you through the process of how the IRS will work your case in the collection action that can possibly taken.
Will also review with you the IRS national standards program on all cases for those who owe back taxes.
Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.
IRS will generally close your case by:
1.IRS determines on 40% of the cases that taxpayers are put into hardship which means they can’t pay the tax at this time.
Sometimes it is called currently not collectible. Cases that are an issue at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time.
2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement.
Other taxpayers file an offer in compromise to settle their case for pennies on the dollar. The offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service.
Call us today for free initial tax consultation. Hear the truth!
We are a full-service firm with a specialty in expertise in all IRS matters.
We have over 200 years of professional tax experience and can fully resolve any IRS problem especially if you owe business tax debt and wish to settle with the Internal Revenue Service.
We can prepare all back tax filings and resolve your individual, business, or corporate tax problem.
Tax Attorney’s Lawyers ^ IRS Tax Problems ^ IRS Debt ^ Settlements ^ Audits ^ Unfiled Tax Returns ^ Business Taxes+ Hallandale, Pembroke Park, Hollywood, Dania, Oakland Park, Ft.Lauderdale
by steve | May 21, 2019 | Tax Help, Uncategorized
You will find the definition spelled out in IRS IRM – 5.16.1.2.9 (04-29-2011)
IRS Hardship
The IRS procedures in IRM 5.15.1, Financial Analysis Handbook, are used to determine the correct resolution of the case based on the taxpayer’s assets and equity, income and expenses. IRS only looks at Income and Assets to make their determination.
A Internal Revenue Service hardship exists if a taxpayer(s) is unable to pay reasonable basic living expenses
Disclaimer: IRS Collection Financial Standards are intended for use in calculating repayment of delinquent taxes. These Standards are effective on March 1, 2011 for purposes of federal tax administration only. Expense information for use in bankruptcy calculations can be found on the website for the U.S. Trustee Program.
National Standards have been established for five necessary expenses: food, housekeeping supplies, apparel and services, personal care products and services, and miscellaneous.
The standards are derived from the Bureau of Labor Statistics (BLS) Consumer Expenditure Survey (CES) and defined as follows:
The basis for a hardship determination is from information about the taxpayer’s financial condition provided on Form 433–A, Collection Information Statement for Wage Earners and Self-Employed Individuals or Form 433–B, Collection Information Statement for Businesses.
Generally, these cases involve no income or assets, no equity in assets or insufficient income to make any payment without causing hardship.
An account should not be reported as CNC if the taxpayer has income or equity in assets, and enforced collection of the income or assets would not cause hardship.
Hardship accounts are closed using cc 24 through 32. See Exhibit 5.16.1-2.
Reminder:
Hardship closing codes can only be used for individual or joint IMF assessments, sole proprietorships, general partnerships, and LLCs, where an individual owner is identified as the liable taxpayer. See IRM 5.16.1.2.4 for decedent cases.
Verification of a CIS is not required if the aggregate unpaid balance of assessments is less than ? ? ? ? ? and the information on the CIS appears reasonable.
Under certain conditions, a CIS is not required before reporting an account CNC. The aggregate unpaid balance of assessments, including any prior CNC’s, must be less than ? ? ? ? ? ? ? ? and at least one of the following conditions must exist:
The taxpayer has a terminal illness or excessive medical bills.
The taxpayer is incarcerated.
The taxpayer’s only source of income is social security, welfare, or unemployment.
The taxpayer is unemployed with no source of income. Consider a mandatory follow-up or Manually Monitored Installment Agreement (MMIA) for seasonal workers.
Note:
Employees are required to secure documentation from the taxpayer prior to declaring the account uncollectible if internal documents such as IRPTR and RTVUE do not confirm the taxpayers’ circumstance.
The following verification is required for accounts when the aggregate unpaid balance of assessments is between ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? :
IRPTR or SUPOL
RTVUE/TRDBV
Note:
RTVUE/TRDBV is required only if the last filed return was for one of the immediate two preceding years. If RTVUE reveals new income or asset information secure a copy of the return(s) for the purpose of identifying income or assets.
For accounts where the aggregate unpaid balance of assessments is above ? ? ? ? ? the following additional verification is required:
Full credit report on IMF and sole proprietor taxpayers and LLCs (where an individual owner is identified as the liable taxpayer)
Motor vehicle records
Real and personal property courthouse records, see IRM 5.1.18.4, Real Property Records
On-line locator services, such as Accurint, follow security guidelines when using public internet search engines
CC AMDIS. If there is open Examination activity, contact the revenue agent to determine any additional sources of collection or the need to limit the scope of the examination based upon collectibility.
Audit File or Special Agents Report if the assessment originated in Examination or Criminal Investigation (CI). The file can be secured by requesting the DLN of the TC 29X/30X.
Note:
If unable to obtain any information from the special agent, consider consulting with Advisory. If there is a TC 910 on the module, the taxpayer may have filed a financial statement with the probation office.
Note:
Credit reports are optional for accounts with an aggregate balance below ? ? ? ? ? ? .
IMF accounts and BMF accounts of sole proprietorships, partnership and LLCs, (where an individual owner is identified as the liable taxpayer) that cannot be collected due to bankruptcy, will be closed using hardship closing codes.
IRC 6343(e) requires the immediate release of a levy on salary or wages due a taxpayer upon agreement with the taxpayer that the tax is not collectible. See IRM 5.11.2, Serving Levies, Releasing Levies and Returning Property. Case histories must be reviewed to ensure that wage levies are released prior to declaring an account uncollectible under hardship closing codes. The case history must be documented.
Reminder:
If TC 670 with designated payment code (DPC) 05 (levy) is present on any module or a regular series of payments is noted, ensure that the disposition of the levy is known.
A compliance check will be made and the results documented in the case history for all hardship determinations per IRM 5.16.1.1(5). All open filing requirements or Del Ret modules must generally be resolved and closed appropriately when reporting an account CNC.
Open Del Ret modules may be resolved by closing as little or no tax due, or income below filing requirement (P-5-133), if warranted by the facts of the case. See IRM 5.1.11, Delinquent Return Accounts, for options to resolve delinquent return accounts. If the taxpayer is required to file and refuses a referral or summons may be appropriate. See IRC IRM 25.5, Summons Handbook for summons procedures.
by steve | May 21, 2019 | Tax Help, Uncategorized
Joint and Several Liability and Federal Tax Debt
A tax debt liability from the filing of a joint tax return, including interest and penalties, is considered to be a joint and several. Joint and several liability means that two or more individuals are each responsible for full payment of the same tax debt. In the case of a federal tax liability, a joint and several liability usually arises when a married couple files a joint tax return.
This means each spouse is individually responsible for the entire tax debt even if only one spouse earned all of the income.
The Internal Revenue Service (IRS) can collect the entire amount of the joint tax debt from one or both spouses. For example, if Mr. and Mrs. Taxpayer owe $5,000.00 jointly to the IRS, the IRS can collect the full $5,000 from either Mr. Taxpayer, Mrs. Taxpayer, or both Mr. and Mrs. Taxpayer.
The IRS can collect from either Mr. or Mrs. Taxpayer even if a divorce decree states one of them is solely responsible for the tax debt. The good news is that the IRS cannot collect more than is actually owed.
Joint and several liability is an important concept because it allows the IRS to collect a joint tax debt from more than one source. After a divorce occurs, one spouse may enter into an Installment Agreement, be placed into Currently Not Collectible status, reach a tax settlement by filing an Offer in Compromise, or be relieved of all or part of a joint liability through Innocent Spouse Relief, while the other spouse has no formal arrangement with the IRS.
The IRS can and usually does continue to pursue collection of a joint tax debt from the spouse that has no formal arrangement.
The IRS will use all available tools including Wage Garnishments, Bank Levies, Federal Tax Liens, and – sometimes – Asset Seizures to collect a tax debt.
If a taxpayer and a former spouse jointly owe the IRS, it is important that each have a formal arrangement with the IRS, whether it is achieved by filing an Offer in Compromise, establishing an Installment Agreement, or requesting Currently Not Collectible status.
by Fresh Start Tax | May 20, 2019 | Tax Help
If you have any back IRS issues contact us today and we can tell you exactly the options to solve your problem. Affordable, since 1982.
We worked out the local South Florida IRS offices.
We are former IRS agents, managers and teaching instructors and know all the methodologies, settlement theories and negotiation strategies to resolve any tax debt that may be facing you.
Also on staff is an IRS tax attorney tax lawyer to help settle any IRS or state taxes you have. A+ rated by the Better Business Bureau.
Call us for a free initial tax consultation.
There are three basic ways/options that taxpayers settle their current tax situation for back taxes with the Internal Revenue Service.
IRS payment plans, IRS hardships, and IRS settlements. An IRS settlement is called an offer in compromise.
Since 1982 we have been resolving tax debt issues for thousands of clients.
We can solve any IRS tax matter or issue and review with you carefully weigh possible to solve any IRS problem.
We have worked thousands of cases and we have been former IRS agents, managers, supervisors and teaching instructors.
Within five minutes of hearing about your current situation we can give you an exact remedy to end your IRS tax problem file your back tax returns and settle your back tax problems.
Many of the taxpayers who call us need to file back tax returns and their variety of reasons why taxpayers have not who have not filed. The reason makes no difference. The bottom line is, sooner or later you have to file back tax returns.
We have a very easy and simple process to file all your back tax returns and settle your debt all at the same time.
Filing your back taxes with IRS
With or without records we can complete all your tax returns due to our enormous amount of experience we have in filing back tax returns.
We can simply pull IRS transcripts and prepare all back tax returns or we can prepare back tax returns to the process of IRS reconstructions. As former IRS agents and auditors we know exactly how to file your back tax returns with no records.
Options for Settling IRS Tax Debt with the IRS.
There are different ways to settle IRS tax debt and there are generally three programs that the taxpayer can qualify for.
The first is a hardship or currently non-collectible program.
There is good news and bad news about this program. After IRS takes a current documented financial statement, IRS may determine you are not collectible at the current time. IRS will suspend your case for a period of 1 to 3 years and put a freeze on it.
The good news is IRS’s off your back for a couple of years and the bad news is penalties and interest still run on it. A taxpayer should also be aware that the case will come out every couple of years to be reviewed.
The second program is the installment agreement or monthly payment. 6.5 million people your enter a payment plan with IRS.
After IRS takes a current financial statement they will determine how much money they expect from you on a monthly basis. IRS has certain national standards test that they use to determine if the taxpayer will be placed into a payment agreement. You can find the national standards on our site.
The third way to sell your debt is to qualify for an offer in compromise, this is where you can settle your debt for pennies on the dollar. it’s important for taxpayers to understand that not all are eligible for the offer in compromise program.
There is a pre-qualifier tool. I suggest everyone who wants to go the route was the direction of the offer make sure they are truly qualified before wasting time and money. As a former IRS agent, I taught the offer in compromise program at the IRS. I can tell you within seconds of your settlement candidate. that
After a review of your current financial statement, we will let you know which of the program to qualify for and start to remove IRS out of your life.
Call us today for free initial tax consultation and we will walk you through the process and tell you how many years you have to file and let you know the different tax strategies based on your current financial conditions.
You will never have to speak to the Internal Revenue Service, ever. We are a full-service firm with all work being done in-house.
Tax Attorney, Tax Lawyer ^ Settling IRS Tax Debt ^ Hardships ^ Payments ^ Settlements-Offer in Compromise + Hallandale, Pembroke Park, Hollywood, Dania, Oakland Park, Ft.Lauderdale
