If you do not have the money to pay your federal tax lien off the IRS has options for you to remove or withdraw the federal tax lien if you can make a regular installment agreement on a debit plan.
Yep, real good news.
As a former IRS agent, I can tell you the federal tax lien is crippling.
Not only does it affect your credit scores, lines of credit, and interest rates, it basically cripples your financial life. Several years ago the IRS made changes in their procedures to remove or withdraw your federal tax lien if you can enter certain type of payment agreement that have certain characteristics about them.
Please find below how you make that happen. If you need help with your former IRS agents and managers and tax experts in the area
You can ask IRS to Withdraw o your Notice of Federal Tax Lien if you have entered in or converted your regular installment agreement to a Direct Debit installment agreement.
General eligibility includes:
a. You are a qualifying taxpayer (i.e. individuals, businesses with income tax liability only, and out of business entities with any type of tax debt) b. You owe $25,000 or less (If you owe more than $25,000, you may pay down the balance to $25,000 prior to requesting withdrawal of the Notice of Federal Tax Lien) c. Your Direct Debit Installment Agreement must full pay the amount you owe within 60 months or before the Collection Statute expires, whichever is earlier d. You are in full compliance with other filing and payment requirements e. You have made three consecutive direct debit payments f. You can’t have defaulted on your current, or any previous, Direct Debit Installment agreement.
There you go, follow the above and you are good to go.
Many taxpayers are unaware that they have a wonderful tool at their disposal called the 911 form that goes to the taxpayer advocate service, an independent branch of the government and it yields fast and effect results.
This form is designed for taxpayers who are experiencing IRS tax hardship to have someone independently look at IRS rather than have at times agents that are poor decision-makers and impose IRS hardships on the taxpayer, company or corporation.
It is the best resource that is unknown and not widely publicized
If you are going through an IRS tax hardship many taxpayers do not realize that filing a form 911 can step IRS in their tracks. Boom!
Talk to himWhat and Who is the Taxpayer Advocate ???
The Taxpayer Advocate office can you help individuals, businesses, and exempt organizations.
You can be eligible for our help if your IRS problem is causing financial difficulty or you believe an IRS procedure just isn’t working as it should.
Cases fall into four general categories:
1. Where a taxpayer is experiencing some financial difficulty, emergency, or hardship, and the IRS needs to move much faster than it usually does (or even can) under its normal procedures. In those cases, time is of the essence.
If the IRS doesn’t act quickly (for example, to remove a levy or release a lien), the taxpayer will experience even more financial harm.
2. Where many different IRS units and steps are involved, and the case needs a “coordinator” or “traffic cop”to make sure everyone does their part. TAS plays that role.
3. Where the taxpayer has tried to resolve a problem through normal IRS channels but those channels have broken down.
4. Where the taxpayer is presenting unique facts or issues (including legal issues), and the IRS is applying a “one size fits all” approach, isn’t listening to the taxpayer, or doesn’t recognize that it needs new guidance for those circumstances.
The use of this form is very helpful to practitioners and taxpayers alike.
It is my go to form what I can’t solve my problem with the local or service center agent. Filing the 911 form to the taxpayers advocate is the only way to go to get immediate help.
TAS will generally ask the IRS to stop certain activities while your request for assistance is pending (for example, lien filings, levies, and seizures.
Each state has their own national taxpayer advocate and you must go online and find out where your contact offices it will always be in the state in which you res
If you need professional help on tough matters it will take a professional to resolve the situation. Simple cases can be handled by taxpayers.
If you are going through any dilemma with the Internal Revenue Service and need a true tax professional contact us and let tax attorneys, CPAs, former agents completely resolve your case, that a promise.
Many people are unaware that they have a wonderful tool at their disposal called the 911 form that goes to the taxpayer advocate service an independent branch of the government.
This form is designed for taxpayers who are experiencing hardship to have someone independently look at IRS rather than have at times cruel agents or poor decision-makers impose hardships on the taxpayer.
It is the best resource that is unknown and not widely publicized
If you are going through an IRS tax hardship many taxpayers do not realize that filing a form 911 can step IRS in their tracks.
What and Who is the taxpayer Advocate ???
The Taxpayer Advocate office can you help individuals, businesses, and exempt organizations.
You can be eligible for our help if your IRS problem is causing financial difficulty or you believe an IRS procedure just isn’t working as it should.
Cases fall into four general categories:
1. Where a taxpayer is experiencing some financial difficulty, emergency, or hardship, and the IRS needs to move much faster than it usually does (or even can) under its normal procedures. In those cases, time is of the essence. If the IRS doesn’t act quickly (for example, to remove a levy or release a lien), the taxpayer will experience even more financial harm.
2. Where many different IRS units and steps are involved, and the case needs a “coordinator” or “traffic cop” to make sure everyone does their part. TAS plays that role.
3. Where the taxpayer has tried to resolve a problem through normal IRS channels but those channels have broken down.
4. Where the taxpayer is presenting unique facts or issues (including legal issues), and the IRS is applying a “one size fits all” approach, isn’t listening to the taxpayer, or doesn’t recognize that it needs new guidance for those circumstances.
The use of this form is very helpful to practitioners and taxpayers alike.
It is my go to form what I can’t solve my problem with the local or service center agent. Filing the 911 form to the taxpayers advocate is the only way to go to get immediate help.
TAS will generally ask the IRS to stop certain activities while your request for assistance is pending (for example, lien filings, levies, and seizures.
Each state has their own national taxpayer advocate and you must go online and find out where your contact offices it will always be in the state in which you reside. If you need professional help on tough matters it will take a professional to resolve the situation. Simple cases can be handled by taxpayers.
If you are going through any dilemma with the Internal Revenue Service and need a true tax professional contact FRESHSTARTTAX and let tax attorneys, CPAs, former agents completely resolve your case, that a promise.
If you are going through an IRS tax hardship many taxpayers do not realize that filing a form 911 can step IRS in their tracks.
I am a former IRS agent and teaching instructor with the Internal Revenue Service.
The use of this form is very helpful to practitioners and taxpayers alike. It is my go to form what I can’t solve my problem with the local or service center agent. Defiling the 911 form to the taxpayers advocate is the only way to go to get immediate help.
The form is designed if you are having problem at the local, national level or ASC level.
What is the form designed for and who should should use the form?
IRS Form 911 (Rev. 5-2019)
The Taxpayer Advocate Service (TAS) is an independent organization within the IRS that helps taxpayers and protects taxpayer rights.
They can help you or/ us resolve problems you can’t resolve with the IRS.
TAS can help you if::
1. Your problem is causing financial difficulty for you, your family, or your business.,
2. You face (or your business is facing) an immediate threat of adverse action.
3. You’ve tried repeatedly to contact the IRS but no one has responded, or the IRS hasn’t responded by the date promised.
TAS will generally ask the IRS to stop certain activities while your request for assistance is pending (for example, lien filings, levies, and seizures.
If you are going through any dilemma with the Internal Revenue Service and need a true tax professional contact FRESHSTARTTAX and let tax attorneys, CPAs, former agents completely resolve your case, that a promise.
I am a former IRS agent teaching instructor with the Internal Revenue Service to give you options on sending Multiple returns to the IRS.
There is absolutely no mandate or instruction from the Internal Revenue Service, the simple answer is as long as IRS gets the tax return it does not make a difference, its simply up to you.
You have the option of stuffing them all in one envelope or filing them in separate envelopes.
The pros and cons of both.
Stuffing them all in one envelope is fine as long as they are marked separate and stapled correctly so when opening the envelope it’s a clear that there are multiple tax returns and tin the envelope.
What we do as a firm.
When we have done this we have put a cover letter inside the envelope in big red letters that says, “multiple returns attached”with the number of years included.
We have never had a problem of IRS getting all the tax returns, never.
Some people do not like that thinking that IRS cannot separate the returns and they insist on filing separate tax returns in each envelope, that s fine too..
There’s nothing wrong with that however if IRS does not get one of the envelopes you can have an issue.
There is no right or wrong. Its your choice what ever you feel the most comfortable about.
Whatever you do make sure each tax return is signed and dated with the blue pen make sure they go in a large envelope (s)and mail all tax returns USPS certified mail with receipt.
Lastly keep all receipts.
A little tax tip is always enclose a check, whether small or full or payment. If IRS said they never received the the tax return but cashed the check you know there’s an issue.
We actually take a picture of the check on top of the tax return and keep them in our clients record for proof of check in the face copy of a tax return.
I am a Sebring resident and a Former IRS Agent & Teaching Instructor. Contact me if you have an IRS problems or troubles Ask for Michael Sullivan, Former Fox and ABC tax commentator.
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No matter what your tax troubles are, whether you owe back tax debt, haven’t filed back taxes, have payroll tax problems, going through an IRS tax audit, dealing with IRS notices letters, wage garnishments levies, and tax liens, call me today and hear your truth about your current situation.We handle all civil tax problems both Federal & State.
So you Owe IRS Tax Debt?
There are different Ways to Solve Owing Back IRS Debt Problems to get tax relief for back taxes.
If you have balance due on back taxes and are looking to set up a payment agreement, file firm offer in compromise to settle your back tax debt or you need to file back tax returns, call us today for a free initial tax consultation.
As a Former IRS Agent, I worked and taught the settlement programs at IRS.
How does IRS dispose of Tax Debt Cases?
The 5 ways or programs for IRS Tax Debt are the following:
1. By Payment in full,
2. By monthly installment payments,
3. By the Acceptance of an offer in compromise, (this is how your completely eliminate the tax debt)
4. By statue expiration. (this is how your completely eliminate the tax debt)
5. For those who cannot pay their debt IRS has a non-collectible or hardship program.
Upon your initial free tax consultation we will walk through the various programs and let you know the easiest way to resolve your back IRS tax debt.
The most important aspect of working tax debt cases is completely dependent on the individual or business financial statements. It is the most important factor.
IRS uses a very simple formula to determine their settlement process.
It is all about your assets and your income and your current necessary living expenses. There is a very specific formula.
IRS only allows certain expenses that are considered necessary living expenses.
There are charts available on what IRS allows. Anything not on those charts are disallowed and this is what trips out most taxpayers.
A simple review of your current financial statement and we can let you know the different programs you may be eligible for.
You will need to complete form 433F or form 433A for us to make a current determination. IRS will only use their financial statements.
It is critically important to know that you cannot pay less taxes unless you qualify for the offer in compromise program.
IRS has a very specific formula that they use to compute the offer in compromise.
The only way you can pay less tax is through the offer in compromise program. There is also an IRS pre-qualifier form.
I have over 40 years in this industry and it is critical if you want to settle your tax debt for the lowest possible amount you should go to true tax professionals.
All your tax returns will have to be filed before IRS will work your offer in compromise.
If you need help with your tax preparation call us and we can have a staff of Experts accountants and tax preparers complete all returns with or without records.
If you are a non-filer, no worries, we can fix that immediately.
Also beware that many times the Internal Revenue Service want to make sure you are current in your withholding tax or your estimate tax payments are they will not close your work your case until you become fully compliant.
Beware of most IRS tax settlement services companies,most are ripoffs.
We have been in this industry a long time there are many good companies in as many bad tax settlement service companies. For you to evaluate in IRS tax settlement service company you must ask to speak directly to the person who will be working your case.
Generally, when you call a tax services company, you are speaking to what is called a closer. That person is a salesman and will actually bill you and charge you for the services then your case gets passed down the line.
When you call fresh start tax, you will speak directly to the person who works your case and that person can give you a true evaluation on how and if IRS will accept an IRS tax settlement .
Check out the BBB rating and make sure you have a true tax professional working your case.
I suggest you always hire someone who’s worked at the IRS because they are aware of the methodologies required to get your offer in compromise through the system.
Ways to Solve Back IRS Taxes Debt or Back Tax Issues
As a general rule, you may apply for hardships, payment agreements or settle for an offer in compromise to settle your debt for pennies on the dollar.
We will review with you your financial statement and let you know what the lowest possible settlement IRS will accept. 40% of all persons that owe back taxes are issue into a hardship or are currently not collectible status and 6.5 million taxpayers enter into annual payment agreements.
The other way to pay less tax is for the ten-year statute of limitation to run out and your debt will be written off by the Internal Revenue Service.
If you want to file an offer in compromise I thought you’d like to know what the statistics are.
Last year over 78,000 offers in compromise/IRS tax debt settlements were filed by taxpayers and over 38% of those were accepted for average of $6500 per case. Approximately 40,000 taxpayers last year paid less tax.
At the current time there are 7500 cases in the offer queue. The average wait time is nine months. There are not enough IRS employees to work the current inventory.
Keep in mind this is a national average in your case is completely dependent on your individual financial statement.
We will not file for an offer in compromise unless you are a true candidate for the program. You must qualify.
There is a pre qualifier tool to find out if you are a settlement candidate for income or business tax debt.
Upon your initial tax consultation we’ll let you know if you are eligible to have an accepted offer in compromise by the Internal Revenue Service.
Due to the new fresh start tax initiative Internal Revenue Service had made it easier to file for the program. However this program is not for everybody.
Everyone wants to settle with IRS but there is a very specific format and methodology that must be followed.
There are many myths about the pennies on the dollar program so you need to hear the truth before spending any money.
There are many firms that take your money and then let you know after the fact you are not qualified. you need to know before hand whether you have a fighting chance. Being a former IRS agent employee gives you a huge advantage of having the review your offer in compromise to settle your tax debt.
At our firm we will take no clients money until we are no they are a true candidate for the settlement program.
Call us today for free initial tax consultation and speak to a true IRS tax expert who will walk you through the process of how to negotiate with IRS over back taxes and see if you qualify to pay less taxes for an IRS tax settlement.
