by Fresh Start Tax | Jan 16, 2018 | Tax Help
Thinking of traveling and you have a passport, better read this.
Call us if you need help .1-866-700-1040
IRS Urges Travelers Requiring Passports to Pay Their Back Taxes or Enter into Payment Agreements; People Owing $51,000 or More Covered
WASHINGTON ─ The Internal Revenue Service today strongly encouraged taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS to avoid putting their passports in jeopardy.
This month, the IRS will begin implementation of new procedures affecting individuals with “seriously delinquent tax debts.” These new procedures implement provisions of the Fixing America’s Surface Transportation (FAST) Act, signed into law in December 2015.
The FAST Act requires the IRS to notify the State department of taxpayers the IRS has certified as owing a seriously delinquent tax debt.
See Notice 2018-1. The FAST Act also requires the State department to deny their passport application or deny renewal of their passport. In some cases, the State department may revoke their passport.
Taxpayers affected by this law are those with a seriously delinquent tax debt.
A taxpayer with a seriously delinquent tax debt is generally someone who owes the IRS more that $51,000 in back taxes, penalties and interest for which the IRS has filed a Notice of Federal Tax Lien and the period to challenge it has expired or the IRS has issued a levy.
There are several ways taxpayers can avoid having the IRS notify the State department of their seriously delinquent tax debt.
They include the following:
• Paying the tax debt in full
• Paying the tax debt timely under an approved installment agreement,
• Paying the tax debt timely under an accepted offer in compromise,
• Paying the tax debt timely under the terms of a settlement agreement with the department of Justice,
• Having requested or have a pending collection due process appeal with a levy, or
• Having collection suspended because a taxpayer has made an innocent spouse election or requested innocent spouse relief.
A passport won’t be at risk under this program for any taxpayer:
• Who is in bankruptcy
• Who is identified by the IRS as a victim of tax-related identity theft
• Whose account the IRS has determined is currently not collectible due to hardship
• Who is located within a federally declared disaster area
• Who has a request pending with the IRS for an installment agreement
• Who has a pending offer in compromise with the IRS
• Who has an IRS accepted adjustment that will satisfy the debt in full
For taxpayers serving in a combat zone who owe a seriously delinquent tax debt, the IRS postpones notifying the State department and the individual’s passport is not subject to denial during this time.
In general, taxpayers behind on their tax obligations should come forward and pay what they owe or enter into a payment plan with the IRS. Frequently, taxpayers qualify for one of several relief programs, including the following:
• Taxpayers can request a payment agreement with the IRS by filing Form 9465. Taxpayers can download this form from IRS.gov and mail it along with a tax return, bill or notice. Some taxpayers can use the online payment agreement to set up a monthly payment agreement for up to 72 months.
• Some financially distressed taxpayers may qualify for an offer in compromise.
This is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less that the full amount owed.
The IRS looks at the taxpayer’s income and assets to determine the taxpayer’s ability to pay.
To help determine eligibility, use the Offer in Compromise Pre-Qualifier, a free online tool available on IRS.gov.
IRS.gov has other tips for taxpayers to catch up on their filing and tax obligations and more information about the revocation or denial of passports because of unpaid taxes.
by Fresh Start Tax | Jan 16, 2018 | Tax Help
IRS Urges Travelers Requiring Passports to Pay Their Back Taxes or Enter into Payment Agreements; People Owing $51,000 or More Covered
WASHINGTON ─ The Internal Revenue Service today strongly encouraged taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS to avoid putting their passports in jeopardy.
This month, the IRS will begin implementation of new procedures affecting individuals with “seriously delinquent tax debts.” These new procedures implement provisions of the Fixing America’s Surface Transportation (FAST) Act, signed into law in December 2015.
The FAST Act requires the IRS to notify the State department of taxpayers the IRS has certified as owing a seriously delinquent tax debt.
See Notice 2018-1. The FAST Act also requires the State department to deny their passport application or deny renewal of their passport. In some cases, the State department may revoke their passport.
Taxpayers affected by this law are those with a seriously delinquent tax debt.
A taxpayer with a seriously delinquent tax debt is generally someone who owes the IRS more that $51,000 in back taxes, penalties and interest for which the IRS has filed a Notice of Federal Tax Lien and the period to challenge it has expired or the IRS has issued a levy.
There are several ways taxpayers can avoid having the IRS notify the State department of their seriously delinquent tax debt.
They include the following:
• Paying the tax debt in full
• Paying the tax debt timely under an approved installment agreement,
• Paying the tax debt timely under an accepted offer in compromises,
• Paying the tax debt timely under the terms of a settlement agreement with the department of Justice,
• Having requested or have a pending collection due process appeal with a levy, or
• Having collection suspended because a taxpayer has made an innocent spouse election or requested innocent spouse relief.
A passport won’t be at risk under this program for any taxpayer:
• Who is in bankruptcy
• Who is identified by the IRS as a victim of tax-related identity theft
• Whose account the IRS has determined is currently not collectible due to hardship
• Who is located within a federally declared disaster area
• Who has a request pending with the IRS for an installment agreement
• Who has a pending offer in compromise with the IRS
• Who has an IRS accepted adjustment that will satisfy the debt in full
For taxpayers serving in a combat zone who owe a seriously delinquent tax debt, the IRS postpones notifying the State department and the individual’s passport is not subject to denial during this time.
In general, taxpayers behind on their tax obligations should come forward and pay what they owe or enter into a payment plan with the IRS. Frequently, taxpayers qualify for one of several relief programs, including the following:
• Taxpayers can request a payment agreement with the IRS by filing Form 9465. Taxpayers can download this form from IRS.gov and mail it along with a tax return, bill or notice. Some taxpayers can use the online payment agreement to set up a monthly payment agreement for up to 72 months.
• Some financially distressed taxpayers may qualify for an offer in compromise. This is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less that the full amount owed.
The IRS looks at the taxpayer’s income and assets to determine the taxpayer’s ability to pay. To help determine eligibility, use the Offer in Compromise Pre-Qualifier, a free online tool available on IRS.gov.
IRS.gov has other tips for taxpayers to catch up on their filing and tax obligations and more information about the revocation or denial of passports because of unpaid taxes.
by Fresh Start Tax | Jan 11, 2018 | Tax Help
We are a Christian debt relief firm that specialized in IRS, federal and state tax relief. Call us today for a free initial tax consultation, since 1982. <><
We have so much experience that we can have money back guarantees!!!
We have former IRS agents, managers, and supervisors, we know the IRS system inside and out. We are true Experts and specialists in our area of federal tax law, compliance and settlement .
As former IRS agents and managers, supervisors and instructors we worked out of the local South Florida offices.
We have over 100 years of direct working experience with the IRS. We know every possible solution and can provide every possible remedy to get you the best result possible.
Let our years of experience be your best friend to get you the results that you need.
You will never speak to the Internal Revenue Service or any state government.
The first step to lower stress and lower debt is to contact former IRS agents who know the system.
If you owe $15,000 or more in taxes, or you have on Unfiled tax returns, you need to hear about the IRS programs available to you.
6.5 million Americans are falling in tax debt every year and the other countless million who have not filed their yearly tax returns.
If you are one of them, you understand about the stress and frustration of having to deal with the IRS.
The IRS can hold on to your refund, take a chunk of your pay, put a federal tax levy or garnishment on your bank account, seize and sell your property and revoke your passport.
IRS also can take 15% of your Social Security check, a benefit that’s off-limits to private creditors.
The Internal Revenue Service is the largest and most vicious tax collection agency in the world. But you do not have to worry about them we how to control the beast because of our years of experience.
If you know the system you will found the IRS actually working with you not against you.
There are tax relief programs available.
A simple call the to our office and speak directly to a tax professional can assure you that this process is not as nearly as complicated as you think.
Why does the Internal Revenue Service want to settle your tax debt for pennies on the dollar?
1.IRS resources are constrained.
Five years of budget cuts by Congress has limited the IRS’ ability to enforce its own laws. The IRS budget has been reduced by $1.2 billion since 2010 despite having 12.8 million more tax returns to process.
Since 2010, the IRS has laid off 17,000 workers, which explains why, in 2015, the IRS only Audited 0.7% of all tax returns. Actually, we have a former IRS agent who recently retired and can go through a litany of other reasons why IRS would settle your tax debt.
Just know this is in the best interest of the government to do so.
Congress looks at IRS numbers at the end of every year and many times budgets of the Treasury department based on the collection statistics from the Internal Revenue Service.
2. You may have heard that the IRS only has 10 years to collect taxes.
These time restrictions put a lot of pressure on already overworked IRS agents.
Also it is called return on investment. The IRS wants to collect something on a debt that they may never be able to collect.
Hire a tax resolution firm that has former IRS training agents and who know the system.
You will get you the best deal possible whether it’s our firm or another firm always go with former IRS agents.
IRS tax relief programs help taxpayers by reducing the amount they owe, giving them more time to pay, or a combination of both. It’s a win-win for the IRS and taxpayers.
What type of tax relief examinations are there?
There are several tax relief programs taxpayers can apply for, but only three that offer debt forgiveness:
1. The Offer in Compromise program,
2. The Partial Pay installment Agreement program,
3. The Currently non-collectible, hardship.
Call us today to find out which program you qualify for.
Your current financial statement on form 433A or 433F will determine how IRS will closer settle your case.
The Offer in Compromise Program, DEBT SETTLEMENT
An offer in compromise is a settlement where the IRS accepts less that the total debt amount in exchange for a lump sum or up to two years of monthly payments. As far as debt forgiveness goes, offers in compromise are usually the best deal available to taxpayers.
The problem is it’s not easy to meet IRS eligibility criteria. There is also a pre-qualifier program to make sure you are eligible for settlement .
I was a former IRS agent who taught the offer in compromise program to new agents. I am one of the nation’s leading Experts in the offer in compromise.
However, since 2010, the IRS has relaxed its standards through the fresh start initiative.
In 2015, the IRS accepted 40.3% of all offers in compromise for an average settlement of $9000 a case.
The acceptance rate is even higher for taxpayers who hire a tax relief company. It’s common for tax relief firms to maintain acceptance rates of over 85%.
Partial Pay or monthly payments installment Agreement
The Partial Pay installment Agreement does not get much attention and publicity, but it often has even better terms that offers in compromise.
40% of all open IRS cases are issue in payment agreement status but sadly over 50% of taxpayers cannot keep up their payments.
A Partial Pay installment Agreement is similar to an Offer in Compromise in that the IRS forgives part of your debt, but it has longer repayment terms: typically, 36 to 72 months.
Partial Pay installment Agreements are easier and faster to qualify for and you don’t have to provide as much financial information.
However if your debt is over $50,000 IRS will require a complete documented financial statements.
The Hardship Program, Currently Non collectible
The hardship program simply means you do not have the currently the means to deal with Internal Revenue Service.
After the Internal Revenue Service reviews your current financial statement and based on the national, local, and geographical standards, IRS will find that you are upside down in issue you in a currently non-collectible status.
What that means is that IRS puts a freeze on your case for two or three years and will look at the situation later.
Many times a taxpayer stays in this uncollectible status for several years and at some point in time the statute of limitation may run out, contact us for more details.
Do you have Unfiled tax returns?
If you have on file tax returns the Internal Revenue Service, they will insist on you bringing all tax years current or they will not deal with you, as matter of fact, they may go ahead and enforce collections to make sure you are in full compliance.
As soon as the IRS contacts you they will pull a summary of the last six years of your compliance history.
If you have Unfiled tax returns we can prepare your returns with or without records to bring you in full compliance of internal revenue standards and ensure that you pay the lowest amount of tax allowed by law.
What to look for when hiring a tax relief firm?
Only hire tax relief firms that have:
1. CPA’s and Enrolled Agents on staff,
2. Offer flexible payment examinations,
3. Licensed to act as a power of attorney,
4. Always check the Better Business Bureau for active complaints.
Not sure which company to hire?
Get a free consultation with a tax relief firm that meets e requirements.
The consultation is free and there is no obligation to hire. At the very least you’ll know what tax relief programs you qualify for.
GET YOUR FREE CONSULTATION, Solve Your Tax Problems with FST.
Get a free consultation with a top tax expert, find out if you qualify for an IRS settlement , payment agreement or IRS hardship.
We are true federal tax relief specialists and are Experts and our tops in our field. Please feel free to schedule an appointment today.
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by Fresh Start Tax | Jan 11, 2018 | Tax Help
Former IRS Agents & Managers Who Know all Federal And State Tax systems, Since 1982, Free Consults Local Tax Experts, South Florida Offices
We have so much experience that we can have money back guarantees!!!
We have former IRS agents, managers, and supervisors, we know the IRS system inside and out. We are true Experts and specialists in our area of federal tax law, compliance and settlement .
As former IRS agents and managers, supervisors and instructors we worked out of the local South Florida offices.
We have over 100 years of direct working experience with the IRS. We know every possible solution and can provide every possible remedy to get you the best result possible.
Let our years of experience be your best friend to get you the results that you need.
You will never speak to the Internal Revenue Service or any state government.
The first step to lower stress and lower debt is to contact former IRS agents who know the system.
If you owe $15,000 or more in taxes, or you have on Unfiled tax returns, you need to hear about the IRS programs available to you.
6.5 million Americans are falling in tax debt every year and the other countless million who have not filed their yearly tax returns.
If you are one of them, you understand about the stress and frustration of having to deal with the IRS.
The IRS can hold on to your refund, take a chunk of your pay, put a federal tax levy or garnishment on your bank account, seize and sell your property and revoke your passport.
IRS also can take 15% of your Social Security check, a benefit that’s off-limits to private creditors.
The Internal Revenue Service is the largest and most vicious tax collection agency in the world. But you do not have to worry about them we how to control the beast because of our years of experience.
If you know the system you will found the IRS actually working with you not against you.
There are tax relief programs available.
A simple call the to our office and speak directly to a tax professional can assure you that this process is not as nearly as complicated as you think.
Why does the Internal Revenue Service want to settle your tax debt for pennies on the dollar?
1.IRS resources are constrained.
Five years of budget cuts by Congress has limited the IRS’ ability to enforce its own laws. The IRS budget has been reduced by $1.2 billion since 2010 despite having 12.8 million more tax returns to process.
Since 2010, the IRS has laid off 17,000 workers, which explains why, in 2015, the IRS only Audited 0.7% of all tax returns. Actually, we have a former IRS agent who recently retired and can go through a litany of other reasons why IRS would settle your tax debt.
Just know this is in the best interest of the government to do so.
Congress looks at IRS numbers at the end of every year and many times budgets of the Treasury department based on the collection statistics from the Internal Revenue Service.
2. You may have heard that the IRS only has 10 years to collect taxes.
These time restrictions put a lot of pressure on already overworked IRS agents.
Also it is called return on investment. The IRS wants to collect something on a debt that they may never be able to collect.
Hire a tax resolution firm that has former IRS training agents and who know the system.
You will get you the best deal possible whether it’s our firm or another firm always go with former IRS agents.
IRS tax relief programs help taxpayers by reducing the amount they owe, giving them more time to pay, or a combination of both. It’s a win-win for the IRS and taxpayers.
What type of tax relief examinations are there?
There are several tax relief programs taxpayers can apply for, but only three that offer debt forgiveness:
1. The Offer in Compromise program,
2. The Partial Pay installment Agreement program,
3. The Currently non-collectible, hardship.
Call us today to find out which program you qualify for.
Your current financial statement on form 433A or 433F will determine how IRS will closer settle your case.
The Offer in Compromise Program, DEBT SETTLEMENT
An offer in compromise is a settlement where the IRS accepts less that the total debt amount in exchange for a lump sum or up to two years of monthly payments. As far as debt forgiveness goes, offers in compromise are usually the best deal available to taxpayers.
The problem is it’s not easy to meet IRS eligibility criteria. There is also a pre-qualifier program to make sure you are eligible for settlement .
I was a former IRS agent who taught the offer in compromise program to new agents. I am one of the nation’s leading Experts in the offer in compromise.
However, since 2010, the IRS has relaxed its standards through the fresh start initiative.
In 2015, the IRS accepted 40.3% of all offers in compromise for an average settlement of $9000 a case.
The acceptance rate is even higher for taxpayers who hire a tax relief company. It’s common for tax relief firms to maintain acceptance rates of over 85%.
Partial Pay or monthly payments installment Agreement
The Partial Pay installment Agreement does not get much attention and publicity, but it often has even better terms that offers in compromise.
40% of all open IRS cases are issue in payment agreement status but sadly over 50% of taxpayers cannot keep up their payments.
A Partial Pay installment Agreement is similar to an Offer in Compromise in that the IRS forgives part of your debt, but it has longer repayment terms: typically, 36 to 72 months.
Partial Pay installment Agreements are easier and faster to qualify for and you don’t have to provide as much financial information.
However if your debt is over $50,000 IRS will require a complete documented financial statements.
The Hardship Program, Currently Non collectible
The hardship program simply means you do not have the currently the means to deal with Internal Revenue Service.
After the Internal Revenue Service reviews your current financial statement and based on the national, local, and geographical standards, IRS will find that you are upside down in issue you in a currently non-collectible status.
What that means is that IRS puts a freeze on your case for two or three years and will look at the situation later.
Many times a taxpayer stays in this uncollectible status for several years and at some point in time the statute of limitation may run out, contact us for more details.
Do you have Unfiled tax returns?
If you have on file tax returns the Internal Revenue Service, they will insist on you bringing all tax years current or they will not deal with you, as matter of fact, they may go ahead and enforce collections to make sure you are in full compliance.
As soon as the IRS contacts you they will pull a summary of the last six years of your compliance history.
If you have Unfiled tax returns we can prepare your returns with or without records to bring you in full compliance of internal revenue standards and ensure that you pay the lowest amount of tax allowed by law.
What to look for when hiring a tax relief firm?
Only hire tax relief firms that have:
1. CPA’s and Enrolled Agents on staff,
2. Offer flexible payment examinations,
3. Licensed to act as a power of attorney,
4. Always check the Better Business Bureau for active complaints.
Not sure which company to hire?
Get a free consultation with a tax relief firm that meets e requirements.
The consultation is free and there is no obligation to hire. At the very least you’ll know what tax relief programs you qualify for.
GET YOUR FREE CONSULTATION, Solve Your Tax Problems with FST.
Get a free consultation with a top tax expert, find out if you qualify for an IRS settlement , payment agreement or IRS hardship.
We are true federal tax relief specialists and are Experts and our tops in our field. Please feel free to schedule an appointment today.
by Fresh Start Tax | Jan 11, 2018 | Tax Help
Former IRS Agents & Managers Who Know all Federal And State Tax systems, Since 1982, Free Consults
IRS Tax Debt Relief: WE KNOW ALL THE OPTIONS.
We have so much experience that we can have money back guarantees!!!
We have former IRS agents, managers, and supervisors, we know the IRS system inside and out. We are true Experts and specialists in our area of federal tax law, compliance and settlement .
We have over 100 years of direct working experience with the IRS. We know every possible solution and can provide every possible remedy to get you the best result possible.
Let our years of experience be your best friend to get you the results that you need.
You will never speak to the Internal Revenue Service or any state government.
The first step to lower stress and lower debt is to contact former IRS agents who know the system.
If you owe $15,000 or more in taxes, or you have on Unfiled tax returns, you need to hear about the IRS programs available to you.
6.5 million Americans are falling in tax debt every year and the other countless million who have not filed their yearly tax returns.
If you are one of them, you understand about the stress and frustration of having to deal with the IRS.
The IRS can hold on to your refund, take a chunk of your pay, put a federal tax levy or garnishment on your bank account, seize and sell your property and revoke your passport.
IRS also can take 15% of your Social Security check, a benefit that’s off-limits to private creditors.
The Internal Revenue Service is the largest and most vicious tax collection agency in the world. But you do not have to worry about them we how to control the beast because of our years of experience.
If you know the system you will found the IRS actually working with you not against you.
There are tax relief programs available.
A simple call the to our office and speak directly to a tax professional can assure you that this process is not as nearly as complicated as you think.
Why does the Internal Revenue Service want to settle your tax debt for pennies on the dollar?
1.IRS resources are constrained.
Five years of budget cuts by Congress has limited the IRS’ ability to enforce its own laws. The IRS budget has been reduced by $1.2 billion since 2010 despite having 12.8 million more tax returns to process.
Since 2010, the IRS has laid off 17,000 workers, which explains why, in 2015, the IRS only Audited 0.7% of all tax returns. Actually, we have a former IRS agent who recently retired and can go through a litany of other reasons why IRS would settle your tax debt.
Just know this is in the best interest of the government to do so.
Congress looks at IRS numbers at the end of every year and many times budgets of the Treasury department based on the collection statistics from the Internal Revenue Service.
2. You may have heard that the IRS only has 10 years to collect taxes.
These time restrictions put a lot of pressure on already overworked IRS agents.
Also it is called return on investment. The IRS wants to collect something on a debt that they may never be able to collect.
Hire a tax resolution firm that has former IRS training agents and who know the system.
You will get you the best deal possible whether it’s our firm or another firm always go with former IRS agents.
IRS tax relief programs help taxpayers by reducing the amount they owe, giving them more time to pay, or a combination of both. It’s a win-win for the IRS and taxpayers.
What type of tax relief examinations are there?
There are several tax relief programs taxpayers can apply for, but only three that offer debt forgiveness:
1. The Offer in Compromise program,
2. The Partial Pay installment Agreement program,
3. The Currently non-collectible, hardship.
Call us today to find out which program you qualify for.
Your current financial statement on form 433A or 433F will determine how IRS will closer settle your case.
The Offer in Compromise Program, DEBT SETTLEMENT
An offer in compromise is a settlement where the IRS accepts less that the total debt amount in exchange for a lump sum or up to two years of monthly payments. As far as debt forgiveness goes, offers in compromise are usually the best deal available to taxpayers.
The problem is it’s not easy to meet IRS eligibility criteria. There is also a pre-qualifier program to make sure you are eligible for settlement .
I was a former IRS agent who taught the offer in compromise program to new agents. I am one of the nation’s leading Experts in the offer in compromise.
However, since 2010, the IRS has relaxed its standards through the fresh start initiative.
In 2015, the IRS accepted 40.3% of all offers in compromise for an average settlement of $9000 a case.
The acceptance rate is even higher for taxpayers who hire a tax relief company. It’s common for tax relief firms to maintain acceptance rates of over 85%.
Partial Pay or monthly payments installment Agreement
The Partial Pay installment Agreement does not get much attention and publicity, but it often has even better terms that offers in compromise.
40% of all open IRS cases are issue in payment agreement status but sadly over 50% of taxpayers cannot keep up their payments.
A Partial Pay installment Agreement is similar to an Offer in Compromise in that the IRS forgives part of your debt, but it has longer repayment terms: typically, 36 to 72 months.
Partial Pay installment Agreements are easier and faster to qualify for and you don’t have to provide as much financial information.
However if your debt is over $50,000 IRS will require a complete documented financial statements.
The Hardship Program, Currently Non collectible
The hardship program simply means you do not have the currently the means to deal with Internal Revenue Service.
After the Internal Revenue Service reviews your current financial statement and based on the national, local, and geographical standards, IRS will find that you are upside down in issue you in a currently non-collectible status.
What that means is that IRS puts a freeze on your case for two or three years and will look at the situation later.
Many times a taxpayer stays in this uncollectible status for several years and at some point in time the statute of limitation may run out, contact us for more details.
Do you have Unfiled tax returns?
If you have on file tax returns the Internal Revenue Service, they will insist on you bringing all tax years current or they will not deal with you, as matter of fact, they may go ahead and enforce collections to make sure you are in full compliance.
As soon as the IRS contacts you they will pull a summary of the last six years of your compliance history.
If you have Unfiled tax returns we can prepare your returns with or without records to bring you in full compliance of internal revenue standards and ensure that you pay the lowest amount of tax allowed by law.
What to look for when hiring a tax relief firm?
Only hire tax relief firms that have:
1. CPA’s and Enrolled Agents on staff,
2. Offer flexible payment examinations,
3. Licensed to act as a power of attorney,
4. Always check the Better Business Bureau for active complaints.
Not sure which company to hire?
Get a free consultation with a tax relief firm that meets e requirements.
The consultation is free and there is no obligation to hire. At the very least you’ll know what tax relief programs you qualify for.
GET YOUR FREE CONSULTATION, Solve Your Tax Problems with FST.
Get a free consultation with a top tax expert, find out if you qualify for an IRS settlement , payment agreement or IRS hardship.
We are true federal tax relief specialists and are Experts and our tops in our field.
by Fresh Start Tax | Jan 11, 2018 | Tax Help
As former IRS agents and managers we know every possible IRS and state tax relief program, since 1982 would have worked thousands of cases.
If you are looking for various solutions for IRS or state tax relief call us today in we will review all the programs with you and tell you the truth about every available program based on your situation.
The fresh start tax initiative by the Internal Revenue Service has application in different state principalities. Below you’ll find some of the relief programs available.
Do not waste your money talking with salespeople hear the truth from former IRS agents managers and teaching instructors . We know all the systems.
Can the IRS fresh start an issue of help you, call one of our former IRS agents and managers in will explain the system to you for a no-cost consultation.<><
In this blog we will talk about the IRS fresh start tax initiative in how this relatively new program can affect some of the way IRS and state governments can work with you.
Each case is different and after speaking to us for five minutes on the phone we can review all your examinations about any given situation or problem that you have each consultation is free and you will be given true and honest tax advice.
About 50% of open cases in the IRS collection inventory can be helped or managed by the IRS fresh start initiative.
Call us for a free initial tax consultation today and you will become well familiar with the system which can be explained very easily and simply to you.
The IRS Fresh Start program makes it easier for taxpayers to pay back taxes and avoid tax liens. Even small business taxpayers may benefit from Fresh Start.
Here are three important features of the Fresh Start program:
IRS Federal Tax Liens
The federal tax lien is a very damaging document filed at the courthouse where your residence is located.
There are a couple of ways to get rid of the federal tax lien. When you call us , we will review your various examinations but understand that the IRS collection statute is 10 years.
As a general rule, the tax lien goes away when the debt is either paid in full, the statute expires, you can get a secured installment agreement based on various circumstances, or you file an offer in compromise and meet the acceptance criteria.
The Fresh Start program increased the amount that taxpayers can owe before the IRS generally will file a Notice of Federal Tax Lien.
That amount is now $10,000. However, in some cases, the IRS may still file a lien notice on amounts less that $10,000.
When a taxpayer meets certain requirements and pays off their tax debt, the IRS may now withdraw a filed Notice of Federal Tax Lien.
Taxpayers must request this in writing using Form 12277, Application for Withdrawal.
Some taxpayers may qualify to have their lien notice withdrawn if they are paying their tax debt through a Direct Debit installment agreement.
Taxpayers also need to request this in writing by using Form 12277.
If a taxpayer defaults on the Direct Debit installment Agreement, the IRS may file a new Notice of Federal Tax Lien and resume collection activities .
IRS installment Agreements
IRS accepts 6.5 million installment or payment agreements a year.
The Fresh Start program expanded access to streamlined installment agreements.
Now, individual taxpayers who owe up to $50,000 can pay through monthly direct debit payments for up to 72 months (six years). While the IRS generally will not need a financial statement, they may need some financial information from the taxpayer.
Taxpayers in need of installment agreements for tax debts more that $50,000 or longer that six years still need to provide the IRS with a financial statement.
In e cases, the IRS may ask for one of two forms: either Collection Information Statement, 1. Form 433-A or 2. Form 433-F.
The IRS Offer in Compromise.
The Internal Revenue Service receives approximately 80,000 offers in compromise a year and accepts approximately 38% of those for average settlement of $7500.
An Offer in Compromise is an agreement that allows taxpayers to settle their tax debt for less that the full amount. Fresh Start expanded and streamlined the OIC program. The IRS now has more flexibility when analyzing a taxpayer’s ability to pay.
This makes the offer program available to a larger group of taxpayers.
Generally, the IRS will accept an offer if it represents the most the agency can expect to collect within a reasonable period of time.
The IRS will not accept an offer if it believes that the taxpayer can pay the amount owed in full as a lump sum or through a payment agreement.
The IRS looks at several instructors, including the taxpayer’s income and assets, to make a decision regarding the taxpayer’s ability to pay.
Call us today to find out, 1-866-700- 1040
You will hear the truth from former IRS agents and managers about every possible IRS and state tax relief program to settle your debt.
