We are the affordable Christian Tax Service Firm. Since 1982. Just call for a free tax consult. Be yoked rightly.
We are a Christian Tax Services company. <><
2 Corinthians 6:14 American Standard Version (ASV) 14 Be not unequally yoked with unbelievers: for what fellowship have righteousness and iniquity?
We are a local South Florida tax firm.
We are affordable seasoned tax professionals that can help file, Individual, Business Corporate Tax Returns. On staff, CPA’s, Accountants, Tax Preparers, Former IRS Agents tax can serve all your tax and accounting needs.
We have over 100 years of direct IRS work experience and over 200 years of professional tax experience.
We can assure you will pay the lowest amount of tax allowed by law.
Just call us today for a free initial tax consult.
If you owe back taxes, we can settle your tax bill as well, we can handle everything.
If you have many back years to file, please read:
IRS Policy Statement 5-133, Delinquent Returns—Enforcement of Filing Requirements, provides a general rule that taxpayers must file six years of back tax returns to be in good standing with the IRS.
The policy also states that IRS management would have to approve any deviation from that rule.
Sometimes, IRS managers will require tax returns from even further back than six years, depending on:
• The degree of flagrancy.
• A prior history of noncompliance.
• The impact on future voluntary compliance.
• The existence of income from illegal sources.
• Whether there is minimal or no tax due.
• The IRS’s costs to secure the return versus anticipated tax revenue.
The IRS can require more back tax returns in three common situations:
As a former IRS agent there were certain cases that I found during the investigatory process that I wanted more tax returns in the policy statement allotted for.
These are the most common reasons the IRS requires returns from more than six years back:
1. There’s a large potential and collectable liability:
The IRS may extend the return requirement if the taxpayer’s wage and income information (found on wage and income transcripts) indicates a potentially large tax liability for the older, unfiled years. The most common red flags are Forms 1099-MISC, Miscellaneous Income, property sales, and large wages with no withholding.
2. There are business returns involved and monies can be collected.
The IRS will closely scrutinize business returns, for several reasons: • Businesses often have unknown activity with potentially large balances owed. • Businesses aren’t subject to much reporting with information statements. • The IRS knows that businesses have the largest potential for noncompliance.
3. A revenue officer is on the case and feels something out there.
Delinquent return investigations can involve local field collection personnel (revenue officers), who perform in-depth investigations on non-filing and collection.
Because they often handle business and payroll collection, revenue officers can often require more than six years of back tax returns. But remember, the key factor it must have some collection potential.
For most individual cases when taxpayers don’t have a revenue officer, the IRS usually accepts the past six years of returns to put clients in good standing with the IRS.
The Use of IRS Transcripts
Anytime I get involved in the processing of this policy statement by IRS I pull IRS transcripts which give me a complete account history and all income records from the IRS for the past six years.
Transcripts can be helpful in completing back tax returns: It’s essential to prepare an accurate return that matches IRS records. If your records do not match up with the income shown by the Internal Revenue Service you may wind up with the mail correspondence audit.
Make sure the return reports all items on the transcript.
The Penalty Phase
Years with balances due will have associated penalties:
• Failure-to-file penalty (5% per month, maximum of 25%).
• Failure-to-pay penalty (0.5% per month, maximum of 25%); combined with the failure-to-file penalty, together they can reach a maximum of 47.5%.
• Fraudulent failure-to-file penalties triple the normal failure-to-file penalty,increasing the maximum penalty from 25% to 75%.
The IRS may have filed a return for your client: SRF tax returns
The IRS usually starts this process, called a substitute for return (SFR), about two to three three years after the due date of the return. When your client files a return to replace an SFR, the IRS will scrutinized a little more the replacement return and compare it to information statements on file. Make sure you file accurate tax returns.
Have any questions about this process call us today and hear the truth.
FT.LAUDERDALE + Help, File Individual, Business Corporate Tax Returns + Christian Tax + CPA’s, Accountants, Tax Preparers, Former IRS
I am a former IRS agent and teaching instructor with the Internal Revenue Service. I’ve been in practice since 1982 and I like to explore some of the ways you can reduce your IRS tax debt through various programs with Internal Revenue Service.
We are a local South Florida tax firm that’s been practicing since 1982.
Call us to hear other options to resolve your tax debt. Free consults to hear the truth.
We are an A+ rating by the Better Business Bureau in a work hundreds upon hundreds of cases right here in our home town South Florida.
I hope to provide a solid list for you of the different ways to reduce your IRS tax debt without going into laborious details that the average taxpayer could care less about so with that said, let’s rock ‘n’ roll.
How to Settle/Reduce Tax Debt
1. The first way to reduce your tax debt is to look at the actual tax return and find out if there was an error made on the return from the practitioner who prepared your return.
Most people assume their tax return is correct and that God dropped there tax practitioner down from heaven. While that person may be the most trusted and honest person in the world, there’s always somebody a little better.It never hurts to anybody to take a second look at your tax return. Its your money and you owe it to yourself.
My recommendation is to have another tax professional look at the last three years individual returns and business returns if necessary you can amend those back tax returns.
2. If you will owe some back taxes, you can always challenge some of the penalties that IRS applied on the debt.
I should say from the onset many of the penalties and interest are correct.
As a general rule, you can focus your attention on failure to file and failure to pay penalties. Those have the most success finding ways to reduce your tax bill. You can order an IRS tax transcript to find out what the penalties and interest are on your tax liability.
If you go to fresh start tax homepage, scroll down on the left side you will find one of the most extensive sections on the Internet of abatement of penalties and interest.
Don’t assume your tax bill is correct, have an experienced practitioner review it to make sure the tax liability IRS is placing in front of you is true and correct.
3. Check out the statute of limitations.
Before you get too excited about the statute of limitations, understand that IRS has 10 years to collect the tax debt from the original tax assessment. The tax assessment starts when IRS has processed your tax return and placed it on their CADE2 computer system.
Keep in mind is not when the tax return was filed or when received a return BUT, put it onto their computer system.
As a general rule, the statute of limitations is 10 years.
Also be apprised that certain events extend the statute of limitations such as the filing of the offer in compromise, litigation, bankruptcy, filing a collection due process.
You can pull up an IRS transcript to find out when your statute is gonna run out.
IRS also has the option of extending your statute of limitations for various reasons. If the IRS is audited your tax return and create a secondary tax assessment, the 10 years from the new tax audit bill is created at that time.
4. The filing of a bankruptcy, generally a chapter 7.
Most taxpayers are not aware that a Chapter 7 bankruptcy can take away the tax debt completely when the rules are met.
The general rules are, the taxes must be three years or older, assessed for 240 days and filed for two years. You can contact an experienced bankruptcy attorney to see if chapter 7 works for you. keep in mind the chapter 7 does not discharge the lien but the tax debt.
5. The filing of an offer in compromise.
As a former IRS agent I work the offer in compromise program.
I accepted offers and I rejected offers. I am a national expert in the offer in compromise program.
There is a pre-qualifier tool to settle your debt through the offer in compromise. Rather than go through a laborious explanation of the offer in compromise program it’s best just to call us for an initial tax consultation to find out if you are a taxpayer who qualifies for this program.
Keep in mind the offer in compromise program is not for everybody.
IRS expects you to give them your complete liquidity and all your assets and live within normal means given your income and the living expense tests that IRS will give you.
The facts of the offer in compromise.
Last year 78,000 offers in compromise were filed and 38% of those got accepted for an average settlement of $9500.
Please keep in mind this is a national average and may have nothing to do with your settlement at all.
Even though this is not a way to completely reduce your tax liability it can lead to a complete reduction in your tax bill if not reduce it forever.
The Internal Revenue Service places about 40% of their active collection cases and to what’s called a temporary hardship. Another name for this is currently not collectible.
Many of these cases that are placed in hardship eventually go away by statute.
The Internal Revenue Service will take a current financial statement with all associated documentation and make a determination whether to place your case and a payment agreement or currently not collectible. Basically IRS put your case on hold until it decides to review the case and bring it back to the field for another review.
For more details on currently not collectible cases call us today as the chances are high that eventually your case will go away by the tenure statute rule.
Once again I am a national expert in IRS collection matters.
If you have any questions call me today for free original tax consultation.
How to Settle & Reduce IRS Tax Debt NOW + Local Former IRS Agents + Coral Springs, Parkland, Coconut Creek
Michael D. Sullivan is one of the founders of Fresh Start Tax LLC.
He had a distinguished career with the Internal Revenue Service for 10 years. As a veteran IRS Revenue Officer / Agent, he served as an Offer in Compromise Tax Specialist and Large Dollar Case Specialist.
He also collaborated with the U.S. Attorney’s office on undercover operations.
Michael received several awards for his work and dedication as a IRS Agent. During his tenure with the IRS, he was a Certified Tax Instructor who taught out of the Atlanta Regional IRS Training Offices.
He also taught out of the local and district offices of the IRS. Mr. Sullivan trained many of the new IRS Agents.
Michael has been in private practice for the last 35 years in the field of Taxpayer Consultation for IRS Audit and Collection tax resolution issues. He often consults with corporations and individuals, which involves a wide range of tax issues.
Michael has worked many large complex cases for high net worth individuals and large corporations. Mr. Sullivan is a committed professional with dedicated involvement in the tax profession community as a frequent speaker on the South Florida circuit and also served as an officer and on the Board of the Greater South Florida Tax Council.
Michael has been the program host and moderator for several Internal Revenue Service forums both in the public and professional sectors.
Mr. Sullivan is also registered with the Department of Business and Professional Regulation and has an approved class for IRS Collection Matters for Certified Public Accountants and Attorneys. Course # 0012279 expires 11/04/2019. Provider number 0007530
Mr. Sullivan also have course approval from the Florida Bar P1708462N to the members attorney and law firms who have need CPE credit for “IRS Tax Resolution”
Mr. Sullivan specializes in all IRS tax matters.
His expertise is in the collection, audit division and other IRS platforms. He is been a national speaker across different industries and verticals as it relates to IRS matters.
Mr. Sullivan has been a featured speaker in the credit card industry, student loan and the debt settlement vertical as well.
He also was one of the featured speakers at the Latino Tax Fest which also featured Nina Olsen, Nation Taxpayer Advocate.
Michael D. Sullivan is one of the founders of Fresh Start Tax LLC. He had a distinguished career with the Internal Revenue Service for 10 years. As a veteran IRS Revenue Officer / Agent, he served as an Offer in Compromise Tax Specialist and Large Dollar Case Specialist.
He also collaborated with the U.S. Attorney’s office on undercover operations.
Michael received several awards for his work and dedication as a IRS Agent. During his tenure with the IRS, he was a Certified Tax Instructor who taught out of the Atlanta Regional IRS Training Offices.
He also taught out of the local and district offices of the IRS. Mr. Sullivan trained many of the new IRS Agents.
Michael has been in private practice for the last 35 years in the field of Taxpayer Consultation for IRS Audit and Collection tax resolution issues. He often consults with corporations and individuals, which involves a wide range of tax issues.
Michael has worked many large complex cases for high net worth individuals and large corporations. Mr. Sullivan is a committed professional with dedicated involvement in the tax profession community as a frequent speaker on the South Florida circuit and also served as an officer and on the Board of the Greater South Florida Tax Council.
Michael has been the program host and moderator for several Internal Revenue Service forums both in the public and professional sectors.
Mr. Sullivan is also registered with the Department of Business and Professional Regulation and has an approved class for IRS Collection Matters for Certified Public Accountants and Attorneys. Course # 0012279 expires 11/04/2019. Provider number 0007530
Mr. Sullivan also have course approval from the Florida Bar P1708462N to the members attorney and law firms who have need CPE credit for “IRS Tax Resolution”
Mr. Sullivan specializes in all IRS tax matters.
His expertise is in the collection, audit division and other IRS platforms. He is been a national speaker across different industries and verticals as it relates to IRS matters. Mr. Sullivan has been a featured speaker in the credit card industry, student loan and the debt settlement vertical as well.
He also was one of the featured speakers at the Latino Tax Fest which also featured Nina Olsen, Nation Taxpayer Advocate.
Get All Your Back Tax Returns Filed Immediately. File Past due tax returns. We are the affordable Christian Tax Service Firm. Since 1982. Just call for a free tax consult. Be yoked rightly.
We are a Christian Tax Services company. <><
2 Corinthians 6:14 American Standard Version (ASV) 14 Be not unequally yoked with unbelievers: for what fellowship have righteousness and iniquity?
We are a local South Florida tax firm.
We have over 100 years of direct IRS work experience and over 200 years of professional tax experience.
We can assure you will pay the lowest amount of tax allowed by law.
Just call us today for a free initial tax consult.
If you owe back taxes, we can settle your tax bill as well, we can handle everything.
If you have many back years to file, please read:
IRS Policy Statement 5-133, Delinquent Returns—Enforcement of Filing Requirements, provides a general rule that taxpayers must file six years of back tax returns to be in good standing with the IRS.
The policy also states that IRS management would have to approve any deviation from that rule.
Sometimes, IRS managers will require tax returns from even further back than six years, depending on:
• The degree of flagrancy.
• A prior history of noncompliance.
• The impact on future voluntary compliance.
• The existence of income from illegal sources.
• Whether there is minimal or no tax due.
• The IRS’s costs to secure the return versus anticipated tax revenue.
The IRS can require more back tax returns in three common situations:
As a former IRS agent there were certain cases that I found during the investigatory process that I wanted more tax returns in the policy statement allotted for.
These are the most common reasons the IRS requires returns from more than six years back:
1. There’s a large potential and collectable liability:
The IRS may extend the return requirement if the taxpayer’s wage and income information (found on wage and income transcripts) indicates a potentially large tax liability for the older, unfiled years. The most common red flags are Forms 1099-MISC, Miscellaneous Income, property sales, and large wages with no withholding.
2. There are business returns involved and monies can be collected.
The IRS will closely scrutinize business returns, for several reasons: • Businesses often have unknown activity with potentially large balances owed. • Businesses aren’t subject to much reporting with information statements. • The IRS knows that businesses have the largest potential for noncompliance.
3. A revenue officer is on the case and feels something out there.
Delinquent return investigations can involve local field collection personnel (revenue officers), who perform in-depth investigations on non-filing and collection.
Because they often handle business and payroll collection, revenue officers can often require more than six years of back tax returns. But remember, the key factor it must have some collection potential.
For most individual cases when taxpayers don’t have a revenue officer, the IRS usually accepts the past six years of returns to put clients in good standing with the IRS.
The Use of IRS Transcripts
Anytime I get involved in the processing of this policy statement by IRS I pull IRS transcripts which give me a complete account history and all income records from the IRS for the past six years.
Transcripts can be helpful in completing back tax returns: It’s essential to prepare an accurate return that matches IRS records. If your records do not match up with the income shown by the Internal Revenue Service you may wind up with the mail correspondence audit.
Make sure the return reports all items on the transcript.
The Penalty Phase
Years with balances due will have associated penalties:
• Failure-to-file penalty (5% per month, maximum of 25%).
• Failure-to-pay penalty (0.5% per month, maximum of 25%); combined with the failure-to-file penalty, together they can reach a maximum of 47.5%.
• Fraudulent failure-to-file penalties triple the normal failure-to-file penalty,increasing the maximum penalty from 25% to 75%.
The IRS may have filed a return for your client: SRF tax returns
The IRS usually starts this process, called a substitute for return (SFR), about two to three three years after the due date of the return. When your client files a return to replace an SFR, the IRS will scrutinized a little more the replacement return and compare it to information statements on file. Make sure you file accurate tax returns.
Have any questions about this process call us today and hear the truth.
Ft.Lauderdale, Miami + File Past Due Tax Returns + ASAP + Former IRS Agents + Since 1982 + Christian Tax Return Filing Company
Get All Your Back Tax Returns Filed Immediately. We are the affordable Christian Tax Service Firm. Since 1982.
We are a Christian Tax Services company. <><
We are a local South Florida tax firm. Located in Ft.Lauderdale we can prepare all Unfiled Tax Returns.
We are a Christian Tax Services with CPA’s, Tax Accountant, Tax Preparers. Since 1982, A plus rated BBB.
We have over 100 years of direct IRS work experience and over 200 years of professional tax experience.
We can assure you will pay the lowest amount of tax allowed by law.
Just call us today for a free initial tax consult. 954-492-0088
If you owe back taxes, we can settle your tax bill as well, we can handle everything.
If you have many back years to file, please read:
IRS Policy Statement 5-133, Delinquent Returns—Enforcement of Filing Requirements, provides a general rule that taxpayers must file six years of back tax returns to be in good standing with the IRS.
The policy also states that IRS management would have to approve any deviation from that rule.
Sometimes, IRS managers will require tax returns from even further back than six years, depending on:
• The degree of flagrancy.
• A prior history of noncompliance.
• The impact on future voluntary compliance.
• The existence of income from illegal sources.
• Whether there is minimal or no tax due.
• The IRS’s costs to secure the return versus anticipated tax revenue.
The IRS can require more back tax returns in three common situations:
As a former IRS agent there were certain cases that I found during the investigatory process that I wanted more tax returns in the policy statement allotted for.
These are the most common reasons the IRS requires returns from more than six years back:
1. There’s a large potential and collectable liability:
The IRS may extend the return requirement if the taxpayer’s wage and income information (found on wage and income transcripts) indicates a potentially large tax liability for the older, unfiled years. The most common red flags are Forms 1099-MISC, Miscellaneous Income, property sales, and large wages with no withholding.
2. There are business returns involved and monies can be collected.
The IRS will closely scrutinize business returns, for several reasons: • Businesses often have unknown activity with potentially large balances owed. • Businesses aren’t subject to much reporting with information statements. • The IRS knows that businesses have the largest potential for noncompliance.
3. A revenue officer is on the case and feels something out there.
Delinquent return investigations can involve local field collection personnel (revenue officers), who perform in-depth investigations on non-filing and collection.
Because they often handle business and payroll collection, revenue officers can often require more than six years of back tax returns. But remember, the key factor it must have some collection potential.
For most individual cases when taxpayers don’t have a revenue officer, the IRS usually accepts the past six years of returns to put clients in good standing with the IRS.
The Use of IRS Transcripts
Anytime I get involved in the processing of this policy statement by IRS I pull IRS transcripts which give me a complete account history and all income records from the IRS for the past six years.
Transcripts can be helpful in completing back tax returns: It’s essential to prepare an accurate return that matches IRS records. If your records do not match up with the income shown by the Internal Revenue Service you may wind up with the mail correspondence audit.
Make sure the return reports all items on the transcript.
The Penalty Phase
Years with balances due will have associated penalties:
• Failure-to-file penalty (5% per month, maximum of 25%).
• Failure-to-pay penalty (0.5% per month, maximum of 25%); combined with the failure-to-file penalty, together they can reach a maximum of 47.5%.
• Fraudulent failure-to-file penalties triple the normal failure-to-file penalty,increasing the maximum penalty from 25% to 75%.
The IRS may have filed a return for your client: SRF tax returns
The IRS usually starts this process, called a substitute for return (SFR), about two to three three years after the due date of the return. When your client files a return to replace an SFR, the IRS will scrutinized a little more the replacement return and compare it to information statements on file. Make sure you file accurate tax returns.
Have any questions about this process call us today and hear the truth.
Ft.Lauderdale = Unfiled Tax Returns + Christian Tax Return Filing Services + CPA’s, Tax Accountants, Tax Preparers = Since 1982
