by Fresh Start Tax | Jan 14, 2019 | Tax Help
It doesn’t make any difference when the last time you have filed back tax returns, we can get you back in the system worry free.
As former IRS agents, managers, and teaching instructors we know the way to get you in the system and if you owe tax, settle your debt all at the same time.
Many times fear and anxiety keep people from filing back, late, or old tax returns.
Believe it or not IRS just want you in the system. They are as happy for you to get back in the system as you want to be left alone.
With so many cases in the IRS Q and taxpayers who have not filed tax returns, IRS is just more than happy and in almost all cases will leave you alone.
There are certain things that we can do to assure this is a seamless and smooth process.
When you call us today will explain the process, file your tax returns and if you owe back taxes we will get you a tax settlement all at the same time.
The Internal Revenue Service has a policy statement regarding the number of years the taxpayer must go back if they have not filed recent tax returns.
You can get back in the system worry free to contact us today and we will walk you through the process.
As a former IRS agent and teaching instructor with the IRS, it is important for taxpayers to know that IRS has a policy statement regarding the number of tax returns needed to satisfy IRS in cases where taxpayers have not filed for years.
The latest numbers published by the Internal Revenue Service shows that between five and 10 million taxpayers, businesses and corporations do not file their annual tax returns time. For many taxpayers after the first year of nonfiling and noncompliance the snowball picks up steam going down the hill it becomes larger and larger and taxpayers hope they never get caught yet a fear still lives in the pit of their stomach during tax time.
The great blessing is that IRS does not require you to remember the year of your last filing nor are they gonna require 10, 20 or 30 years in some cases of filing back tax returns.
The Internal Revenue Service wants taxpayers back in the system and the IRS policy statement of five – 133 will require that the taxpayer file their last six years.
The Internal Revenue Service realizes that asking taxpayers for more years is fruitless. It is far better to get them back in the system back in compliance because at the end of the day it helps both the taxpayer and IRS.
What many people do not realize by not filing many more back years they lose Social Security benefits that would’ve been accumulating.
As people get older they realized they probably should-be filed all their tax returns to get the maximum benefits.
To apply for Social Security to receive it you must have worked a total of 40 corridor hours.
The other sad thing is that many cases these people were W-2 wage earners, having enough or sufficient withholding taken out that they would’ve had refunds.
The statute of limitation on a tax refund is three years,
Civil Cases, not criminal
Many taxpayers cases regarding not filing are not criminal in nature. They are civil cases only.
With that in mind, major dollar amount cases, the laundering of money or particularly crimes of fraud, the Internal Revenue Service can or may work a case a different way.
So what’s the next step if you decide to file back tax returns.
Most taxpayers do not have the records to file back tax returns.
For those who can simply go ahead and prepare the returns and send them in all at one time to the Internal Revenue Service. Do not be afraid to send all the tax returns and the IRS in the same envelope.
They are going to get there sooner or later and you’re not going to fool anybody as IRS has very copious records of everyone’s Social Security number, filing statuses, and their income for the past six years.
The Internal Revenue Service can provide wage and income transcripts for those who have lost records to help you reconstruct your tax returns.
By simply asking IRS for a tax transcript, they will provide for you the records you need as far as income to prepare your return. As far the expense that will be applied against your income you’re pretty much be on you.
However reconstructive standards can be used by tax professionals who know the system and can help you out in these matters.
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval. Also, if delinquency procedures are not to be enforced for the full six-year period of delinquency, prior managerial approval mus
t be secured.
As a note to number five, IRS must have an extraordinary reason to want to go back prior than six years. On some occasion the agent may find there are numerous assets to collect back taxes by filing more years. This is very rare. but they happened on many cases where there are badges of fraud.
important information:
if you do not file your back tax returns the Internal Revenue Service can file for you under 6020 B of the Internal Revenue Code. IRS will make sure with this filing you pay the most amount of taxes allowed by law.
I Have Not Filed Back Tax Returns Since ….+ Worry Free Filing, Former IRS Help
by Fresh Start Tax | Jan 14, 2019 | Tax Help
The Internal Revenue Service has a policy statement regarding the number of years the taxpayer must go back if they have not filed recent tax returns.
We are Christian tax services firm the deals with IRS and state tax resolution.<><
Please feel free to ask us about our faith when you call.
Filing Late, Past Due, Old Tax Returns + Christian Tax Service Company
You can get back in the system worry free to contact us today and we will walk you through the process.
As a former IRS agent and teaching instructor with the IRS, it is important for taxpayers to know that IRS has a policy statement regarding the number of tax returns needed to satisfy IRS in cases where taxpayers have not filed for years.
The latest numbers published by the Internal Revenue Service shows that between five and 10 million taxpayers, businesses and corporations do not file their annual tax returns time. For many taxpayers after the first year of nonfiling and noncompliance the snowball picks up steam going down the hill it becomes larger and larger and taxpayers hope they never get caught yet a fear still lives in the pit of their stomach during tax time.
The great blessing is that IRS does not require you to remember the year of your last filing nor are they gonna require 10, 20 or 30 years in some cases of filing back tax returns.
The Internal Revenue Service wants taxpayers back in the system and the IRS policy statement of 5-133 will require that the taxpayer file their last six years.
The Internal Revenue Service realizes that asking taxpayers for more years is fruitless. It is far better to get them back in the system back in compliance because at the end of the day it helps both the taxpayer and IRS.
What many people do not realize by not filing many more back years they lose Social Security benefits that would’ve been accumulating.
As people get older they realized they probably should-be filed all their tax returns to get the maximum benefits.
To apply for Social Security to receive it you must have worked a total of 40 corridor hours.
The other sad thing is that many cases these people were W-2 wage earners, having enough or sufficient withholding taken out that they would’ve had refunds.
The statute of limitation on a tax refund is three years,
Civil Cases, not criminal
Many taxpayers cases regarding not filing are not criminal in nature. They are civil cases only.
With that in mind, major dollar amount cases, the laundering of money or particularly crimes of fraud, the Internal Revenue Service can or may work a case a different way.
So what’s the next step if you decide to file back tax returns.
Most taxpayers do not have the records to file back tax returns.
For those who can simply go ahead and prepare the returns and send them in all at one time to the Internal Revenue Service. Do not be afraid to send all the tax returns and the IRS in the same envelope.
They are going to get there sooner or later and you’re not going to fool anybody as IRS has very copious records of everyone’s Social Security number, filing statuses, and their income for the past six years.
The Internal Revenue Service can provide wage and income transcripts for those who have lost records to help you reconstruct your tax returns.
By simply asking IRS for a tax transcript, they will provide for you the records you need as far as income to prepare your return. As far the expense that will be applied against your income you’re pretty much be on you.
However reconstructive standards can be used by tax professionals who know the system and can help you out in these matters.
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval. Also, if delinquency procedures are not to be enforced for the full six-year period of delinquency, prior managerial approval mus
t be secured.
As a note to number five, IRS must have an extraordinary reason to want to go back prior than six years. On some occasion the agent may find there are numerous assets to collect back taxes by filing more years. This is very rare. but they happened on many cases where there are badges of fraud.
important information:
if you do not file your back tax returns the Internal Revenue Service can file for you under 6020 B of the Internal Revenue Code. IRS will make sure with this filing you pay the most amount of taxes allowed by law.
Filing Late, Past Due, Old Tax Returns + Christian Tax Service Company
by Fresh Start Tax | Jan 14, 2019 | Tax Help
The Internal Revenue Service has a policy statement regarding the number of years the taxpayer must go back if they have not filed recent tax returns.
You can get back in the system worry free to contact us today and we will walk you through the process.
As a former IRS agent and teaching instructor with the IRS, it is important for taxpayers to know that IRS has a policy statement regarding the number of tax returns needed to satisfy IRS in cases where taxpayers have not filed for years.
The latest numbers published by the Internal Revenue Service shows that between five and 10 million taxpayers, businesses and corporations do not file their annual tax returns time. For many taxpayers after the first year of nonfiling and noncompliance the snowball picks up steam going down the hill it becomes larger and larger and taxpayers hope they never get caught yet a fear still lives in the pit of their stomach during tax time.
The great blessing is that IRS does not require you to remember the year of your last filing nor are they gonna require 10, 20 or 30 years in some cases of filing back tax returns.
The Internal Revenue Service wants taxpayers back in the system and the IRS policy statement of five – 133 will require that the taxpayer file their last six years.
The Internal Revenue Service realizes that asking taxpayers for more years is fruitless. It is far better to get them back in the system back in compliance because at the end of the day it helps both the taxpayer and IRS.
What many people do not realize by not filing many more back years they lose Social Security benefits that would’ve been accumulating.
As people get older they realized they probably should-be filed all their tax returns to get the maximum benefits.
To apply for Social Security to receive it you must have worked a total of 40 corridor hours.
The other sad thing is that many cases these people were W-2 wage earners, having enough or sufficient withholding taken out that they would’ve had refunds.
The statute of limitation on a tax refund is three years,
Civil Cases, not criminal
Many taxpayers cases regarding not filing are not criminal in nature. They are civil cases only.
With that in mind, major dollar amount cases, the laundering of money or particularly crimes of fraud, the Internal Revenue Service can or may work a case a different way.
So what’s the next step if you decide to file back tax returns.
Most taxpayers do not have the records to file back tax returns.
For those who can simply go ahead and prepare the returns and send them in all at one time to the Internal Revenue Service. Do not be afraid to send all the tax returns and the IRS in the same envelope.
They are going to get there sooner or later and you’re not going to fool anybody as IRS has very copious records of everyone’s Social Security number, filing statuses, and their income for the past six years.
The Internal Revenue Service can provide wage and income transcripts for those who have lost records to help you reconstruct your tax returns.
By simply asking IRS for a tax transcript, they will provide for you the records you need as far as income to prepare your return. As far the expense that will be applied against your income you’re pretty much be on you.
However reconstructive standards can be used by tax professionals who know the system and can help you out in these matters.
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval. Also, if delinquency procedures are not to be enforced for the full six-year period of delinquency, prior managerial approval mus
t be secured.
As a note to number five, IRS must have an extraordinary reason to want to go back prior than six years. On some occasion the agent may find there are numerous assets to collect back taxes by filing more years. This is very rare. but they happened on many cases where there are badges of fraud.
important information:
if you do not file your back tax returns the Internal Revenue Service can file for you under 6020 B of the Internal Revenue Code. IRS will make sure with this filing you pay the most amount of taxes allowed by law.
How Far Back Should I Go on Unfiled, Late, Past Due Tax Returns?
by Fresh Start Tax | Jan 14, 2019 | Tax Help
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The Internal Revenue Service has a policy statement regarding the number of years the taxpayer must go back if they have not filed recent tax returns.
You can get back in the system worry free to contact us today and we will walk you through the process.
As a former IRS agent and teaching instructor with the IRS, it is important for taxpayers to know that IRS has a policy statement regarding the number of tax returns needed to satisfy IRS in cases where taxpayers have not filed for years.
The latest numbers published by the Internal Revenue Service shows that between five and 10 million taxpayers, businesses and corporations do not file their annual tax returns time. For many taxpayers after the first year of nonfiling and noncompliance the snowball picks up steam going down the hill it becomes larger and larger and taxpayers hope they never get caught yet a fear still lives in the pit of their stomach during tax time.
The great blessing is that IRS does not require you to remember the year of your last filing nor are they gonna require 10, 20 or 30 years in some cases of filing back tax returns.
The Internal Revenue Service wants taxpayers back in the system and the IRS policy statement of five – 133 will require that the taxpayer file their last six years.
The Internal Revenue Service realizes that asking taxpayers for more years is fruitless. It is far better to get them back in the system back in compliance because at the end of the day it helps both the taxpayer and IRS.
What many people do not realize by not filing many more back years they lose Social Security benefits that would’ve been accumulating.
As people get older they realized they probably should-be filed all their tax returns to get the maximum benefits.
To apply for Social Security to receive it you must have worked a total of 40 corridor hours.
The other sad thing is that many cases these people were W-2 wage earners, having enough or sufficient withholding taken out that they would’ve had refunds.
The statute of limitation on a tax refund is three years,
Civil Cases, not criminal
Many taxpayers cases regarding not filing are not criminal in nature. They are civil cases only.
With that in mind, major dollar amount cases, the laundering of money or particularly crimes of fraud, the Internal Revenue Service can or may work a case a different way.
So what’s the next step if you decide to file back tax returns.
Most taxpayers do not have the records to file back tax returns.
For those who can simply go ahead and prepare the returns and send them in all at one time to the Internal Revenue Service. Do not be afraid to send all the tax returns and the IRS in the same envelope.
They are going to get there sooner or later and you’re not going to fool anybody as IRS has very copious records of everyone’s Social Security number, filing statuses, and their income for the past six years.
The Internal Revenue Service can provide wage and income transcripts for those who have lost records to help you reconstruct your tax returns.
By simply asking IRS for a tax transcript, they will provide for you the records you need as far as income to prepare your return. As far the expense that will be applied against your income you’re pretty much be on you.
However reconstructive standards can be used by tax professionals who know the system and can help you out in these matters.
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval. Also, if delinquency procedures are not to be enforced for the full six-year period of delinquency, prior managerial approval mus
t be secured.
important information: if you do not file your back tax returns the Internal Revenue Service can file for you under 6020 B of the Internal Revenue Code. IRS will make sure with this filing you pay the most amount of taxes allowed by law.
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by Fresh Start Tax | Jan 14, 2019 | Tax Help
Six Years, Read the Following information:
As a former IRS agent and teaching instructor with the IRS, it is important for taxpayers to know that IRS has a policy statement regarding the number of tax returns needed to satisfy IRS in cases where taxpayers have not filed for years.
The great blessing is that IRS does not require you to remember the year of your last filing nor are they gonna require 10, 20 or 30 years in some cases of filing back tax returns.
The Internal Revenue Service wants taxpayers back in the system and the IRS policy statement of five – 133 will require that the taxpayer file their last six years.
What many people do not realize by not filing many more back years they lose Social Security benefits that would’ve been accumulating.
As people get older they realized they probably should-be filed all their tax returns to get the maximum benefits.
To apply for Social Security to receive it you must have worked a total of 40 corridor hours.
The other sad thing is that many cases these people were W-2 wage earners, having enough or sufficient withholding taken out that they would’ve had refunds.
The statute of limitation on a tax refund is three years,
Civil Cases, not criminal
Many taxpayers cases regarding not filing are not criminal in nature. They are civil cases only.
With that in mind, major dollar amount cases, the laundering of money or particularly crimes of fraud, the Internal Revenue Service can or may work a case a different way.
So what’s the next step if you decide to file back tax returns.
Most taxpayers do not have the records to file back tax returns.
For those who can simply go ahead and prepare the returns and send them in all at one time to the Internal Revenue Service. Do not be afraid to send all the tax returns and the IRS in the same envelope.
They are going to get there sooner or later and you’re not going to fool anybody as IRS has very copious records of everyone’s Social Security number, filing statuses, and their income for the past six years.
The Internal Revenue Service can provide wage and income transcripts for those who have lost records to help you reconstruct your tax returns.
By simply asking IRS for a tax transcript, they will provide for you the records you need as far as income to prepare your return. As far the expense that will be applied against your income you’re pretty much be on you.
However reconstructive standards can be used by tax professionals who know the system and can help you out in these matters.
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud. All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of willfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due. Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval. Also, if delinquency procedures are not to be enforced for the full six-year period of delinquency, prior managerial approval mus
t be secured.
by Fresh Start Tax | Jan 14, 2019 | Tax Help
We are a Christian tax firm that deals with fully resolving state and federal IRS tax debt.<><
As a former IRS agent I have reviewed and accepted hundreds of offers in compromise.
I also was one of the main teaching instructors the offer in compromise in the district which I was employed by the Internal Revenue Service.
I know the system inside and out and have a complete understanding, and knowledge of the entire methodology of the offer in compromise.
I am a true expert in IRS settlements. to hear other people proclaim they are offer in compromise experts is almost a laughable, their experiences generally are working some cases from the outside and trying to learn about the system, not understanding the exact IRS protocol.
I can let you know up front, with a reasonable degree of certainty, whether your offer in compromise will be accepted. Use this experience as your best instructor.
We have worked thousands of cases since 1982 and we are A+ rated by the Better Business Bureau.
We pride ourselves on our results, our communication, and affordable pricing.
Please feel free to ask us about our faith when you call.
As former IRS agents we were instructors for the offer in compromise program which is the chief tool that the IRS uses to settle IRS tax debt problems. We have worked thousands of IRS and state tax cases since 1982.
Despite what you hear on TV about every one being able to settle their tax debt for pennies on the dollar, there is a realization that all taxpayers can settle their tax debt. The airwaves, media outlets and social sites are putting in the minds of people who IRS is willing to settle these tax debts.
It is time to understand the truth.
As a former IRS agent and teaching instructor it was my job to teach new revenue officers how to collect back tax debt.
The information your hearing is the only truthful information that you need to know regarding relieving yourself of a federal or state tax obligation.
How IRS Will Deal With a Federal IRS Tax Debt + Solutions
IRS has a very specific system to deal with federal tax debt.
Throughout the United States there must be a oneness and a fairness so all taxpayers are treated equally. With that said, many taxpayers who owe under $25,000 can simply go online and make a payment agreement as long as they meet all of the qualifications.
Filing All Tax Returns is a must
One of the qualifications that hold most people up on settling your IRS tax debt is the fact that all federal tax returns have to be filed.
IRS will not close a case in their working inventory nor take you off of the IRS enforcement computer unless you are in full compliance with all filings. It is a must and IRS will not compromise on this issue.
If you need to file back tax returns contact us and we can file all your tax returns with or without records. If you’ve lost your tax records we can pull IRS tax transcripts and reconstruct your tax returns and get you back in the system worry free.
For those of you who cannot enter an online payment program with the Internal Revenue Service, the IRS has a particular format in place to decide how they are going to deal with your federal tax debt.
IRS uses two/three forms to make those determinations.
Those cases at the service center will use form 433F, and those in the local office, mainly revenue officers will use the 433 a. If you have a business they will assist you fill out the 433B which is a business financial statement.
After the IRS receives these financial statements they will insist that all documentation accompanying the financial statements be presented to them as well.
They will ask for the last six months with the bank statements, verification of all expenses, pay stubs, and any other pertinent information to determine collectibility. Basically, IRS is conducting a mini audit on your financial statement to verify that you are truthful and accurate for them to make a correct decision.
IRS has also a format as to what expenses that they will allow because they cannot allow people to spend what they want and not pay federal taxes.
The IRS has a list of all allowable expenses and their boundaries that they will allow.
These boundaries have been set up by the Department of Labor and are used by the United States trustee in bankruptcy court so all federal agencies use the same guidelines and boundaries. To be able to settle or close your case with the Internal Revenue Service you must understand the standard set up by the IRS or State tax agency.
IRS will insist that you stay within the financial boundaries in:
1. housing and utilities,
2. food and clothing,
3. car payments, and,
4. insurance.
The federal charts are available on our website or you can contact us today and we can review the process.
How Will IRS Proceed To Close Your Case
IRS after a careful review of your financial statement and documentation IRS will generally will conclude one of three closing methods.
Number one:
IRS may determine that you’re in a current hardship in place you into a non-collectible file.
The good news is you will not have to make payments or deal with IRS for a period of 1 to 3 years however penalties and interest will still run. IRS will bring the case back out to the field to review at a later time within a prescribed period of time.
IRS will place a refund freeze on your account so all refunds go to the Internal Revenue Service. If you fail to file another tax return on time or pay it in full your case will automatically be generated back to the field. If IRS does this are going to be a lot stricter in working your case
40% of all open cases and IRS collection inventory are placed in hardship.
Number two:
IRS may determine after a careful review of your income and expenses that you are a payment, installment or a monthly agreement candidate.
IRS will discuss with you after review of that statement exactly how much that payment will be and set up the terms of that agreement.
6.5 million taxpayers enter into monthly payment agreements, with one-third of all taxpayers default.
Number three:
After a review of your financial statement it could be determined that you are an offer in compromise or tax debt settlement candidate which means you can settle for pennies on the dollar.
The offer in compromise is not for everyone and we are very careful to proceed and filing your offer unless you’re a truly qualified candidate.
We will review your current financial statement to see if we can settle your tax debt for pennies on the dollar.
We will file no offer in compromise unless we know with a reasonable degree of high accuracy your offer will be accepted by the Internal Revenue Service.Different forms are used for the offer in compromise program.
This is an area were more companies rip taxpayers off making them think or believe IRS is going to settle their cases.
There is a very specific formula, guidelines and charts that IRS uses to settle their tax debt. I am more warning you now, don’t be fooled by other companies.
Last year, 78,000 offers in compromise were filed, IRS accepted 38% for an average of $9500. But keep in mind this was just a national average. As is the date of this post,Nurse 7500s waiting in the IRS Q.
Most offers in compromise are returned to the taxpayer because they are filled out incorrectly or do not meet the guidelines or the specific qualification by the initial reviewer.
If you want to hear the truth about IRS tax debt relief help and whether you’re eligible for a tax settlement or want to find out if you can be a payment agreement candidate or you may be placed in hardship, call us today for a free initial tax consultation and you will learn the truth.
We are a true Christian tax firm specializing in IRS tax debt problems.<><
We are tax settlements experts for the offer in compromise program, hardship, or the payment agreement resolutions, call us today for a free initial contacts consultation.
Christian Tax Debt Experts + IRS Tax Debt Problems, Tax Settlement Experts, Offer in Compromise
