how do i stop a bank levy seizure, Get Your Money Back Now + former irs agents explain + Ft. Lauderdale, Miami, Aventura, Palm Beaches, Boca Raton

by Fresh Start Tax | Oct 29, 2018 | Tax Help

We Can Get Immediate Releases of a Bank Levy Seizure, we can also your case at the same time.

We are a local South Florida tax firm that has been practicing since 1982 and we know the exact system to get an immediate IRS tax levy bank seizure released, get your money back and close your case out all at the same time.

We have worked thousands of cases since 1982 and are true IRS tax experts.

Believe it or not, IRS does not want to levy anyone’s paycheck or garnish anyone’s bank account. The last thing IRS wants to do is a government seizure.

Yes, IRS finds no pleasure in taking anyone’s hard-earned money.

As a former IRS agent and teaching instructor we hated ever to send the levy out but the bottom line is we need to get the taxpayers attention to close the case.

IRS does so because taxpayers have not resolved their IRS problem after IRS has sent a series of four different notices to the last known address the IRS had on file. IRS usually sends letters out in a series of six-week cycles with the final notice before seizure the last notice.

Part of the problem is twofold, number one, many people have never received the notice because they have moved, or number two, they’ve ignored the IRS letter.

As a special note of interest, you should know that the bank freezes your money for 21 days before sending the check to Internal Revenue Service on the 22nd day. The federal government allows you within that 21 day period to call them give them the information they need and they will release the bank levy seizure.

IRS gets their levy sources off the computer by matching up the W-2s, or 1099s they receive from third-party payor. IRS keeps this information of levy sources for the last six years.

So what can you do to stop the IRS levy or wage garnishment on your paycheck?

The case must be closed off the IRS enforcement computer and Internal Revenue Service uses their own financial statement which is either a 433A, 433F to make determination on how your case will close.

There is an art to the filling out and the documentation of the financial statement. As former IRS agents, managers and teaching instructors we know the exact processes and methodologies to make the taxpayer look in the best light to the Internal Revenue Service.

After years of experience with the Internal Revenue Service we know exactly how IRS is going to value your financial statement and the various outcomes that will occur. we have worked thousands and thousands of IRS cases

Call us today for a free initial tax consultation and we will walk you through the financial statement and documentation required to get the levy released.

As a general rule, we can get your IRS wage levy garnishment released within 24 hours of receiving your current financial statement.

An important notice:

All your tax returns are going to have to be filed with the Internal Revenue Service as a general rule before the Internal Revenue Service will release any levy on a paycheck or wage garnishment. With or without tax records we can prepare all your back tax returns.

How will IRS close your case off of their enforcement computer?

The big question every taxpayer asks is,” how is IRS going to close my case and give me immediate tax relief.”?

After IRS reviews your current financial statement there are generally three closing methods that the Internal Revenue Service will employ.

IRS will either put you into a currently not collectible or suspended status, IRS may determine you as a monthly payment agreement or installment agreement candidate, or a taxpayer can qualify for an offer in compromise.

Two other alternatives do exist the first is the statute of limitations expiration and number to the filing of a bankruptcy.

When you call our office we will review with you every possible closing method and get you an immediate release of your wage garnishment.

We are composed of former IRS agents, managers and teachings instructors.

Call us today for free initial tax consultation. where local South Florida tax firm you can come by and visit our offices, Skype us or call and set up an appointment to get immediate relief from an IRS tax levy garnishment or bank levy seizure.

how do i stop a bank levy seizure, Get Your Money Back Now + former irs agents explain + Ft. Lauderdale, Miami, Aventura, Palm Beaches, Boca Raton

Owe IRS, How Can I Settle My Tax Debt + Former Agent Explains = Ft. Lauderdale, Miami, Palm Beaches, Boca Raton, Palm Beaches + South Florida

by Fresh Start Tax | Oct 26, 2018 | Tax Help

As former IRS agents we will explain to you how you can settle your IRS tax debt, we know every single option and the secrets to tax settlements. Since 1982.

We have worked thousands of cases since 1982 in our true IRS tax specialty experts on back taxes and on filing tax returns.

We are local South Florida tax firm that has been in practice since 1982.

There are various means of paying back taxes to IRS. As former IRS agents we will explain your options and choices. A tax settlement may be in your future.

As a former IRS agent and teaching instructor with IRS you should know as a general rule someone with more experience will work your IRS collection case.

That person will have a lot of experience looking for assets and more carefully evaluating your current financial statement.

Your current financial statement holds the key to tax negotiation with the Internal Revenue Service. The value of the preparation of this financial statement cannot be understated. Your whole case rests on the review of the statement.

Success comes by knowing the system and understanding what it takes to close an IRS case.

IRS takes a closer look at all cases large dollar especially the financial statements, the IRS is looking for the ability of the taxpayer to pay the back tax. As a former IRS agent this was part of my job.

One of the first tasks of IRS is to make sure all back tax returns are filed and current in the system.

IRS will not close out any open taxpayer inventory case unless all back tax returns are filed and the taxpayer is current on estimated tax payments or their withholding is up-to-date.

IRS is a stickler on this because they don’t want the problem of the back tax debt recurring.

How will IRS work your case? What Is The Next Step

The Internal Revenue Service will ask the taxpayer to fill out an IRS form 433A.

You can find that on our site or on the government site. IRS will expect that form to be fully completed fully documented along with copies of the last six months bank statements, copies of all monthly expenditures, bills and a copy of pay stubs.

IRS will conduct a thorough review on that financial statement. That financial statement holds the key to success on your case therefore the filling out the documentation the analysis and what goes on this statement is paramount.

The internal revenue service can go through great lengths to do due diligence on your case. They have many search engines at their disposal.

They will check Department of motor vehicle, records public records, credit reports, insurance policies and a plethora of other information found on internal systems used by different federal and state government agencies.

IRS knows much more about you than you can possibly imagine. You must make sure you still out your financial statement truthfully and accurately. That’s why it is best a true tax professional provide the necessary tax help to resolve your problem.

After this review of the financial statement the Internal Revenue Service generally has various buckets of closing programs that the taxpayer can be put into as a result of their current financial statement.

The importance of filling out your financial statement and giving it to IRS is the key to success and failure.

I could never tell you how important the financial statement as it will determine the outcome with Internal Revenue Service.

IRS has to choose one of various closing methods to take your case off of the IRS enforcement computer. I call these methods of closure bucket

IRS will dispose of your case after a careful review and put it in some of the most common categories which are listed below.

Bucket One.

Currently uncollectible or hardship cases

If the Internal Revenue Service looks at your current financial statement and determines that your expenses exceed your income and you fall within the necessary means test, IRS can place your case in this non-collectible status.

Fact, 40% of all open collection cases are the currently not collectible or hardship status.

There is good news and bad news within the status.

The good news is IRS will probably suspend your case between one and three years and kick it out for review a couple of years later, the bad news is the penalties and interest still run and the debt gets larger.

Bucket Two.

Installment agreements or monthly payments

If after the Internal Revenue Service looks at your current financial statement and they determine that you have more income than the necessary standards of meeting tests, IRS will ask for a monthly payment based on that financial statement. Hiring a tax professional can assure that IRS does not grab more money than necessary on or review of your financial statement. There are different monthly installment agreements and we will review with you your options upon your free consultation.

Fact, 6.5 million taxpayers enter monthly payment agreements with the Internal Revenue Service.

Bucket Three.

Offer in Compromise

This is called the pennies on a dollar program that you see advertised on TV however the offer in compromise is not for everyone.

I am a former IRS agent and teacher of the offer in compromise.

Approximately 32,000 taxpayers a year can settle their debt for pennies on the dollar, the average settlement is $9500 a year and I caution and warn taxpayers who submit offers in compromise to go through the IRS pre-qualifier tool to find out if they can truly settle their tax debt.

As a former IRS agent I carefully will walk through your financial statement and if you have any chance of being accepted for the offer I will walk you through the program and submit the offer in compromise.

A note of interest, all accepted offers in compromise are a part of public record at regional IRS offices.

Bucket Four.

Statute of limitations

IRS has 10 years to collect on their back tax debt, the period starts from the date of the assessment. The date of the assessment is the time that IRS had to put your case on the computer at the start the billing process. Various factors will extend the statute such as bankruptcy, the filing of the CDP, or the filing of offer but as a general rule after the 10 year date of assessment date your case goes away by federal statute.

You can find out your statue date by ordering an IRS tax transcript.

Bucket Five

Bankruptcy.

Yes, Bankruptcy, many taxpayers are unaware that you could file a bankruptcy, a chapter 7 the discharge debt.

As a general rule the taxes have to be three years or older, assessed for more than 240 days and the tax returns have to be filed for at least two years. there are also different chapters in bankruptcy such as an 11 and 13 that a taxpayer can be qualified by speaking to a true bankruptcy expert.

When you call our office we will walk you through the various programs after review of your current financial statement. When calling our office you will speak to true IRS tax experts.

Call us for a free initial tax consultation and we will walk you through the process of dealing with the Internal Revenue Service.

If I Owe IRS How Can I Settle My Tax Debt + Former Agent Explains

If I Owe IRS How Can I Settle My Tax Debt + Former Agent Explains

by Fresh Start Tax | Oct 26, 2018 | Tax Help

As former IRS agents we will explain to you how you can settle your IRS tax debt, we know every single option and the secrets to tax settlements. Since 1982.

We have worked thousands of cases since 1982 in our true IRS tax specialty experts on back taxes and on filing tax returns.

We are a national tax firm that have been representing taxpayers across the country since 1982.

There are various means of paying back taxes to IRS. As former IRS agents we will explain your options and choices. A tax settlement may be in your future.

As a former IRS agent and teaching instructor with IRS you should know as a general rule someone with more experience will work your IRS collection case.

That person will have a lot of experience looking for assets and more carefully evaluating your current financial statement.

Your current financial statement holds the key to tax negotiation with the Internal Revenue Service. The value of the preparation of this financial statement cannot be understated. Your whole case rests on the review of the statement.

Success comes by knowing the system and understanding what it takes to close an IRS case.

IRS takes a closer look at all cases large dollar especially the financial statements, the IRS is looking for the ability of the taxpayer to pay the back tax. As a former IRS agent this was part of my job.

One of the first tasks of IRS is to make sure all back tax returns are filed and current in the system.

IRS will not close out any open taxpayer inventory case unless all back tax returns are filed and the taxpayer is current on estimated tax payments or their withholding is up-to-date.

IRS is a stickler on this because they don’t want the problem of the back tax debt recurring.

How will IRS work your case? What Is The Next Step

The Internal Revenue Service will ask the taxpayer to fill out an IRS form 433A.

You can find that on our site or on the government site. IRS will expect that form to be fully completed fully documented along with copies of the last six months bank statements, copies of all monthly expenditures, bills and a copy of pay stubs.

IRS will conduct a thorough review on that financial statement. That financial statement holds the key to success on your case therefore the filling out the documentation the analysis and what goes on this statement is paramount.

The internal revenue service can go through great lengths to do due diligence on your case. They have many search engines at their disposal.

They will check Department of motor vehicle, records public records, credit reports, insurance policies and a plethora of other information found on internal systems used by different federal and state government agencies.

IRS knows much more about you than you can possibly imagine. You must make sure you still out your financial statement truthfully and accurately. That’s why it is best a true tax professional provide the necessary tax help to resolve your problem.

After this review of the financial statement the Internal Revenue Service generally has various buckets of closing programs that the taxpayer can be put into as a result of their current financial statement.

The importance of filling out your financial statement and giving it to IRS is the key to success and failure.

I could never tell you how important the financial statement as it will determine the outcome with Internal Revenue Service.

IRS has to choose one of various closing methods to take your case off of the IRS enforcement computer. I call these methods of closure bucket

IRS will dispose of your case after a careful review and put it in some of the most common categories which are listed below.

Bucket One.

Currently uncollectible or hardship cases

If the Internal Revenue Service looks at your current financial statement and determines that your expenses exceed your income and you fall within the necessary means test, IRS can place your case in this non-collectible status.

Fact, 40% of all open collection cases are the currently not collectible or hardship status.

There is good news and bad news within the status.

The good news is IRS will probably suspend your case between one and three years and kick it out for review a couple of years later, the bad news is the penalties and interest still run and the debt gets larger.

Bucket Two.

Installment agreements or monthly payments

If after the Internal Revenue Service looks at your current financial statement and they determine that you have more income than the necessary standards of meeting tests, IRS will ask for a monthly payment based on that financial statement. Hiring a tax professional can assure that IRS does not grab more money than necessary on or review of your financial statement. There are different monthly installment agreements and we will review with you your options upon your free consultation.

Fact, 6.5 million taxpayers enter monthly payment agreements with the Internal Revenue Service.

Bucket Three.

Offer in Compromise

This is called the pennies on a dollar program that you see advertised on TV however the offer in compromise is not for everyone.

I am a former IRS agent and teacher of the offer in compromise.

Approximately 32,000 taxpayers a year can settle their debt for pennies on the dollar, the average settlement is $9500 a year and I caution and warn taxpayers who submit offers in compromise to go through the IRS pre-qualifier tool to find out if they can truly settle their tax debt.

As a former IRS agent I carefully will walk through your financial statement and if you have any chance of being accepted for the offer I will walk you through the program and submit the offer in compromise.

A note of interest, all accepted offers in compromise are a part of public record at regional IRS offices.

Bucket Four.

Statute of limitations

IRS has 10 years to collect on their back tax debt, the period starts from the date of the assessment. The date of the assessment is the time that IRS had to put your case on the computer at the start the billing process. Various factors will extend the statute such as bankruptcy, the filing of the CDP, or the filing of offer but as a general rule after the 10 year date of assessment date your case goes away by federal statute.

 You can find out your statue date by ordering an IRS tax transcript.

Bucket Five

Bankruptcy.

Yes, Bankruptcy, many taxpayers are unaware that you could file a bankruptcy, a chapter 7 the discharge debt.

As a general rule the taxes have to be three years or older, assessed for more than 240 days and the tax returns have to be filed for at least two years. there are also different chapters in bankruptcy such as an 11 and 13 that a taxpayer can be qualified by speaking to a true bankruptcy expert.

When you call our office we will walk you through the various programs after review of your current financial statement. When calling our office you will speak to true IRS tax experts.

Call us for a free initial tax consultation and we will walk you through the process of dealing with the Internal Revenue Service.

If I Owe IRS How Can I Settle My Tax Debt + Former Agent Explains