by Fresh Start Tax | Mar 4, 2019 | Tax Help
We are former IRS agents and trust fund/payroll tax experts, since 1982. Since 1982 A+ rated by the BBB.
Whether you owe back payroll or trust fund taxes or you need to settle the tax debt, call us today for a free initial tax consultation and I can walk you through the process and answer all the questions you have.
Help For Trust Fund Recovery Penalty + Unpaid Employer Payroll Taxes * former irs agents
I have worked thousands and thousands of cases.
As former IRS agents I have set up hundreds and hundreds of trust fund cases on corporations that went defunct or companies that required the trust fund penalty. We know the system inside and out and understand all the methodologies and all the defenses to get you successful results.
Those trust fund penalties are set up to those responsible individuals that the IRS deems had the responsibility to pay the back taxes. Discussion below regarding those deemed responsible.
There are a whole series of standards in common-law fact that the IRS checks before they set the trust fund penalty up against those responsible.
There are generally two types of taxpayers and fall in this category. Those that signed and agreed to the penalty and those who disagreed and need to file an appeal.
Both cases are work differently.
If you owe back taxes result of the trust fund penalty, IRS will require a financial statement to make a determination on how they will collect the back taxes. The tax treatment you will receive from the IRS and/or revenue officer will be as though you owe individual taxes.
Your current financial statement will reflect to IRS your collectibility.
As a result of IRS reviewing your current financial statement, you are generally going to have your case closed by Internal Revenue Service in one of three ways.
They will either place your case into:
1. a currently not collectible or hardship status,
2 IRS will ask for a monthly payment plan,
3. You may be able to settle your debt pennies on the dollar though the offer in compromise programs.
For those of you who do not agree with the trust fund penalty, you can file an 843 claim form to have your case reopened or to file an offer in compromise, doubt as to liability case.
If you do not know what to do need a free tax consultation call us today.
What is the Trust Fund Tax or the 6672 penalty.
A trust fund tax is money withheld from an employee’s wages (income tax, Social Security, and Medicare taxes) by an employer and held in trust until paid to the Treasury.
When you pay your employees, you do not pay them all the money they earned. As their employer, you have the added responsibility of withholding taxes from their paychecks.
The income tax and employees’ share of FICA (Social Security and Medicare) that you withhold from your employees’ paychecks are part of their wages you pay to the Treasury instead of to your employees.
Your employees trust that you pay the withholding to the Treasury by making Federal Tax Deposits (FTD) (PDF). That is why they are called trust fund taxes.
Through this withholding, your employees pay their contributions toward retirement benefits (Social Security and Medicare) and the income taxes reported on their tax returns.
Your employees’ trust fund taxes, along with your matching share of FICA, are paid to the Treasury through the Federal Tax Deposit System.
For additional information, refer to Employment Taxes and the Trust Fund Recovery Penalty (TFRP).
Employment tax deposits are a current expense. Congress has established large penalties for delays in turning over your employment taxes to the Treasury.
So whether you owe trust fund taxes, back payroll taxes or need to file an appeal call us today and we can walk you through the process for free initial tax consultation. When you do you will speak to true IRS tax experts.
Help For Trust Fund Recovery Penalty + Unpaid Employer Payroll Taxes * former irs agents
by Fresh Start Tax | Mar 1, 2019 | Tax Help
We are former IRS agents and trust fund/payroll tax experts, since 1982.
Whether you owe back payroll or trust fund taxes or you need to settle the tax debt, call us today for a free initial tax consultation and I can walk you through the process and answer all the questions you have.
I have worked thousands and thousands of cases.
As former IRS agents I have set up hundreds and hundreds of trust fund cases on corporations that went defunct or companies that required the trust fund penalty.
Those trust fund penalties are set up to those responsible individuals that the IRS deems had the responsibility to pay the back taxes. Discussion below regarding those deemed responsible.
There are a whole series of standards in common-law fact that the IRS checks before they set the trust fund penalty up against those responsible.
There are generally two types of taxpayers and fall in this category. Those that signed and agreed to the penalty and those who disagreed and need to file an appeal.
Both cases are work differently.
If you owe back taxes result of the trust fund penalty, IRS will require a financial statement to make a determination on how they will collect the back taxes. The tax treatment you will receive from the IRS and/or revenue officer will be as though you owe individual taxes.
Your current financial statement will reflect to IRS your collectibility.
As a result of IRS reviewing your current financial statement, you are generally going to have your case closed by Internal Revenue Service in one of three ways.
They will either place your case into:
1. a currently not collectible or hardship status,
2 IRS will ask for a monthly payment plan,
3. You may be able to settle your debt pennies on the dollar though the offer in compromise programs.
For those of you who do not agree with the trust fund penalty, you can file an 843 claim form to have your case reopened or to file an offer in compromise, doubt as to liability case.
If you do not know what to do need a free tax consultation call us today.
What is the Trust Fund Tax
A trust fund tax is money withheld from an employee’s wages (income tax, Social Security, and Medicare taxes) by an employer and held in trust until paid to the Treasury.
When you pay your employees, you do not pay them all the money they earned. As their employer, you have the added responsibility of withholding taxes from their paychecks.
The income tax and employees’ share of FICA (Social Security and Medicare) that you withhold from your employees’ paychecks are part of their wages you pay to the Treasury instead of to your employees.
Your employees trust that you pay the withholding to the Treasury by making Federal Tax Deposits (FTD) (PDF). That is why they are called trust fund taxes.
Through this withholding, your employees pay their contributions toward retirement benefits (Social Security and Medicare) and the income taxes reported on their tax returns.
Your employees’ trust fund taxes, along with your matching share of FICA, are paid to the Treasury through the Federal Tax Deposit System.
For additional information, refer to Employment Taxes and the Trust Fund Recovery Penalty (TFRP).
Employment tax deposits are a current expense. Congress has established large penalties for delays in turning over your employment taxes to the Treasury.
So whether you owe trust fund taxes, back payroll taxes or need to file an appeal call us today and we can walk you through the process for free initial tax consultation. When you do you will speak to true IRS tax experts.
by Fresh Start Tax | Mar 1, 2019 | Tax Help
We are former IRS agents and trust fund experts, since 1982.
As former IRS agents I have set up hundreds and hundreds of trust fund cases on corporations that went defunct or companies that required the trust fund penalty.
Those trust fund penalties are set up to those responsible individuals that the IRS deems had the responsibility to pay the back taxes.
There are a whole series of standards in common-law fact that the IRS checks before they set the trust fund penalty up against those responsible.
There are generally two types of taxpayers and fall in this category. Those that signed and agreed to the penalty and those who disagreed and need to file an appeal.
Both cases are work differently.
If you owe back taxes result of the trust fund penalty, IRS will require a financial statement to make a determination on how they will collect the back taxes. The tax treatment you will receive from the IRS and/or revenue officer will be as though you owe individual taxes. You’re current financial statement will reflect to IRS your collectibility.
As a result of IRS reviewing your current financial statement, you are generally going to have your case closed by Internal Revenue Service in one of three ways.
They will either place your case into:
1. a currently not collectible or hardship status,
2 IRS will ask for a monthly payment plan,
3. You may be able to settle your debt pennies on the dollar though the offer in compromise programs.
For those of you who do not agree with the trust fund penalty, you can file an 843 claim form to have your case reopened or to file an offer in compromise, doubt as to liability case.
If you do not know what to do need a free tax consultation call us today.
If you have received the notice are CP 15 B call us today and we can discuss your options based on your given in certain circumstances.
The CP15B letter or notice states that the IRS has charged you a Trust Fund Recovery Penalty (TFRP) for not paying employment or excise taxes.
What you need to do
• Read your notice carefully. It will explain your amount due, due date, and payment options.
Answers to common questions
Why was I assessed this penalty?
We charged you the TFRP for willfully failing to collect, account for, or pay employment or excise taxes. Find additional information for Employment Taxes and the Trust Fund Recovery Penalty (TFRP).
What happens if I don’t respond to this notice?
Interest will continue to accrue until the balance is paid.
Am I charged interest on the money I owe?
Not if you pay the full amount you owe by the due date on the payment coupon. However, interest accrues on the unpaid amount after that date.
What should I do if I disagree with the notice?
If you disagree with the penalty charge you may file a suit for refund.
To do so, you must:
• pay the withheld tax for one employee for each quarter of liability you disagree with, and
• file a claim for refund on Form 843, Claim for Refund and Request for Abatement, for the amount.
Call us today for a free initial tax consultation and we can walk you through the process whether you need to pay the tax profile objection to the trust fund penalty itself.
by Fresh Start Tax | Mar 1, 2019 | Tax Help
AFFORDABLE, We are a Christian Tax Firm composed of Christian tax professionals.
1-866-700-1040, Since 1982.
We are a full service tax firm and accounting firm.
You will have your tax return and or State tax returns prepared by CPA’s & IRS experts and we will assure that you pay the lowest amount of tax allowed by law.
Being former IRS agents we taught tax law. We know how to save you money.
We have a nationwide tax practice and we are one of the oldest and most experienced professional Christian tax firms in the country.
We have clients in all 50 states. We have over 60 years of combined work experience at the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
While at IRS, we taught tax law and we have on staff former IRS audit managers, revenue agents, and former IRS appellate agents.
As a firm we have over 206 years of combined work experience, accounting experience and tax preparation experience.
We are A+ rated by the Better Business Bureau and are without complaint.
How do you discern Christian godly counsel?
Psalm 37:30
The godly offer good counsel, they know what is right from wrong.
Proverbs 18:2
Fools have no interest in understanding; they only want to offer their own opinions.
Proverbs 27:9
The heartfelt counsel of a friend is as sweet as perfume and incense.
Pick a Reputable Christian Tax Company/Firm
Picking a reputable company for preparation of your tax return is a very important decision that you will make. It is not just about the tax return.
It is about obtaining solid tax advise, tax planning and financial solutions for the future.
The goal of Fresh Start Tax is to help our clients in meeting their tax and financial objectives.
We offer a full range of accounting, tax and financial services designed to meet the personal or business needs that you have.
Our preparation, accounting and auditing teams are highly trained and experienced, hands-on problem solvers who hold themselves to an extraordinarily high level of performance and accountability
You can trust them to have the understanding and the resources to do what’s best for your business.
We can expertly guide you through the accounting and auditing process, as well as keep you informed of all industry changes regarding corporate governance, audit and accounting issues, and financial reporting that may affect your personal or business situations.
Our teams utilize the latest accounting practices and audit methodologies to help you manage risk, stay compliant, and improve overall business performance.
We serve a diverse set of clients who make our work both interesting and challenging.
We have the technical knowledge and practical know-how to assist our clients in meeting their financial objectives.
Fresh Start Tax LLC provide business clients with monthly and quarterly financial statements and annual audits, compilations, and reviews. Although many of our clients need our services only once a year, they know that we are always available to answer their business and financial questions.
For many clients we serve as an extension of their office or as surrogate partner.
Businesses often need additional back office capacity for brief periods and find it more economical to use our services than to hire and train temporary personnel. Entrepreneurs often need someone who understands their business to give candid advice.
Christian IRS Tax Help + Audit Representation + Back Tax Debt Resolution Relief + Tax Settlements
by Fresh Start Tax | Mar 1, 2019 | Tax Help
We are A+ rated company and one of the nation’s Top Christian firms for IRS and state tax matters.<><
AFFORDABLE, We are a Christian Tax Firm composed of Christian tax professionals. .
1-866-700-1040, Since 1982.
We are a full service tax resolution firm and accounting firm.
You will have your tax return and or State tax returns prepared by CPA’s & IRS experts and we will assure that you pay the lowest amount of tax allowed by law.
Being former IRS agents we taught tax law. We know how to save you money.
We have a nationwide tax practice and we are one of the oldest and most experienced professional Christian tax firms in the country.
We have clients in all 50 states. We have over 60 years of combined work experience at the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
While at IRS, we taught tax law and we have on staff former IRS audit managers, revenue agents, and former IRS appellate agents.
As a firm we have over 206 years of combined work experience, accounting experience and tax preparation experience.
How do you discern Christian godly counsel?
Psalm 37:30 The godly offer good counsel, they know what is right from wrong.
Proverbs 18:2 Fools have no interest in understanding; they only want to offer their own opinions.
Proverbs 27:9 The heartfelt counsel of a friend is as sweet as perfume and incense.
Pick a Reputable Christian Tax Company/Firm
Picking a reputable company for preparation of your tax return is a very important decision that you will make. It is not just about the tax return.
If you will owe back taxes we can provide an exit strategy for you depending on your situation and financial condition.
We know every closing method used by the Internal Revenue Service and can make sure that the IRS does not ruin your life or your financial stability.
Our former IRS agents, managers and teaching instructors know every possible remedy and can help deal with the IRS.
You will never have to contact IRS as we handle all negotiations.
With all the experience that we have as former IRS agents we can deal with any issue, matter or tax problem that you have from a simple IRS or state notice or letter, to deal with current representation and taking the case to the appeals or Appellate Division.
Tax Prep:
It is about obtaining solid tax advise, tax planning and financial solutions for the future.
The goal of Fresh Start Tax is to help our clients in meeting their tax and financial objectives.
We offer a full range of accounting, tax and financial services designed to meet the personal or business needs that you have.
Our preparation, accounting and auditing teams are highly trained and experienced, hands-on problem solvers who hold themselves to an extraordinarily high level of performance and accountability
You can trust them to have the understanding and the resources to do what’s best for your business.
We can expertly guide you through the accounting and auditing process, as well as keep you informed of all industry changes regarding corporate governance, audit and accounting issues, and financial reporting that may affect your personal or business situations.
Our teams utilize the latest accounting practices and audit methodologies to help you manage risk, stay compliant, and improve overall business performance.
We serve a diverse set of clients who make our work both interesting and challenging.
We have the technical knowledge and practical know-how to assist our clients in meeting their financial objectives.
Fresh Start Tax LLC provide business clients with monthly and quarterly financial statements and annual audits, compilations, and reviews. Although many of our clients need our services only once a year, they know that we are always available to answer their business and financial questions.
For many clients we serve as an extension of their office or as surrogate partner.
Businesses often need additional back office capacity for brief periods and find it more economical to use our services than to hire and train temporary personnel. Entrepreneurs often need someone who understands their business to give candid advice.
Christian Tax Resolution Company For IRS/State Tax Problems + Tax Preparation, Back Tax Relief, Tax Problems
by Fresh Start Tax | Mar 1, 2019 | Tax Help
AFFORDABLE, We are a Christian Tax Firm composed of Christian tax professionals. Since 1982. A plus Rated
1-866-700-1040, Since 1982. We are a full-service tax firm and accounting firm.
We are affordable experts in all federal and state tax preparation including individuals, businesses, partnerships, and corporate returns.
if you are going to owe back taxes we can work out settlements at the same time.
You will have your tax return and or State tax returns prepared by CPA’s & IRS experts and we will assure that you pay the lowest amount of tax allowed by law.
We can prepare any individual, small business partnership or corporate tax returns. we will assure you will pay the lowest amount allowed by law.
Our firm has on staff Christian CPAs, Christian tax preparers, and we are a full-service tax company with Christian tax consultants that can help you in any federal or state tax issue. We are true Christian experts.
Being former IRS agents we taught tax law. We know how to save you money.
We have a nationwide tax practice and we are one of the oldest and most experienced professional Christian tax firms in the country.
We have clients in all 50 states.
We have over 100 years of combined work experience at the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
While at IRS, we taught tax law and we have on staff former IRS audit managers, revenue agents, and former IRS appellate agents.
As a firm we have over 206 years of combined work experience, accounting experience and tax preparation experience.
How do you discern Christian godly counsel?
Psalm 37:30 The godly offer good counsel, they know what is right from wrong.
Proverbs 18:2 Fools have no interest in understanding; they only want to offer their own opinions.
Proverbs 27:9 The heartfelt counsel of a friend is as sweet as perfume and incense.
Pick a Reputable Christian Tax Company/Firm
Picking a reputable company for preparation of your tax return is a very important decision that you will make. It is not just about the tax return.
It is about obtaining solid tax advise, tax planning and financial solutions for the future.
The goal of Fresh Start Tax is to help our clients in meeting their tax and financial objectives.
We offer a full range of accounting, tax and financial services designed to meet the personal or business needs that you have.
Our preparation, accounting and auditing teams are highly trained and experienced, hands-on problem solvers who hold themselves to an extraordinarily high level of performance and accountability
You can trust them to have the understanding and the resources to do what’s best for your business.
We can expertly guide you through the accounting and auditing process, as well as keep you informed of all industry changes regarding corporate governance, audit and accounting issues, and financial reporting that may affect your personal or business situations.
Our teams utilize the latest accounting practices and audit methodologies to help you manage risk, stay compliant, and improve overall business performance.
We serve a diverse set of clients who make our work both interesting and challenging.
We have the technical knowledge and practical know-how to assist our clients in meeting their financial objectives.
Fresh Start Tax LLC provides business clients with monthly and quarterly financial statements and annual audits, compilations, and reviews. Although many of our clients need our services only once a year, they know that we are always available to answer their business and financial questions.
Businesses often need additional back office capacity for brief periods and find it more economical to use our services than to hire and train temporary personnel. Entrepreneurs often need someone who understands their business to give candid advice.
Call us for a free initial tax consultation and ask us about our faith.
Federal, State Tax Returns Prep – Christian CPA’s – Individual, Business, Partnership, Corporate Tax Returns
