by Fresh Start Tax | Jun 2, 2016 | Tax Help
How Can I STOP a IRS Wage Garnishment Tax Levy?
It is possible to stop a IRS wage garnishment let me within 24 hours. When you call our office will explain the process.
If you are in receipt of an IRS garnishment or levy is important to understand that the Internal Revenue Service had no intention of sending these tax levies or wage garnishments out.
As a result of taxpayers not following up on a series of four notices including a final notice, the IRS computer system systematically sends a wage garnishment out to the W-2 or 1099 information found on your tax return or third-party information sent by your employer. the Internal Revenue Service also has the option of sending out bank levies as well.
Not a human hand touches these IRS levies or wage garnishments. They are all computer-driven systematically.
The only exception, if the case is in the local office the revenue officers have the option to send levies out.
The most important question to ask
“How can I get my IRS tax Levy wage garnishment released?
It really does not take much to get your wage levy garnishment released.
The Internal Revenue Service wants to be contacted with a plan in mind on how you want to deal with the outstanding tax obligation or liability.
As a general rule, the Internal Revenue Service will take a current financial statement and ask you to document that statement with pay stubs, copy of expenses, and bank statements.
The internal revenue service will analyze your current financial statement and documentation and come up with an exit strategy to close your case off the Internal Revenue Service enforcement computer.
Closing Methods
The Internal Revenue Service will generally put your case into the non-collectible status or will ask you for a monthly payment.
Your case can be placed the non-collectible because your expenses exceed your income and you fall within the national standards. These hardship cases or non-collectible cases stay in the system for a period of a couple years until IRS reissues the case back to the field again.
Keep in mind, penalties and interest will run on this liability.
Over 40% of all open IRS cases get placed into current hardship.
The other option is to have your case place into a payment plan based on your current income and expenses.
6.5 million taxpayers a year inter-into installment payment plans.
Levy Releases
You can get your levy released by contacting Internal Revenue Service with the current financial statement.
It is best to have a seasoned tax professional negotiate the closing of your case. The results will definitely be different simply because of the amount of experience in understanding the IRS methodologies.
Also taxpayers may want to consider an offer in compromise to settle their debt for pennies on the dollar.
It is wise to have the IRS pre-qualifier tool available to you to make sure you are a true offer in compromise tax debt settlement candidate.
To have success in these cases you must know the formulas used by Internal Revenue Service to get your case placed into hardship, payment agreements or the offer in compromise.
As for the offer in compromise, last year the IRS accepted 38% of all offers in compromise file for average of $4000 per case.
It is extremely important to understand that your current documented financial statement will determine the closing method used by Internal Revenue Service.
Appealing a IRS Tax garnishment
It is always possible to request an appeals conference during the initial 30-day period after receiving your final notices.
This is referred to as a Collections Due Process (CDP) hearing.
However, you should be aware that this is not the appropriate forum to dispute the amount of tax you owe; the appeal only deals with issues relating to the garnishment, such as if the IRS violates one of its own procedures.
Generally, you would’ve had the opportunity to dispute the tax long before the IRS sends the Final Notice of Intent to Levy.
Call us today for a free initial tax consultation and we walk you through the process.
We’ve been practicing since 1982 and are A+ rated by the Better Business Bureau.
How Can I Stop a IRS Wage Garnishment Tax Levy + Former IRS Explains
by Fresh Start Tax | Jun 2, 2016 | Tax Help
We are affordable professional tax firm that can stop an IRS tax levy immediately & settle at the same time. Since 1982, A+ rated by the BBB.
We are your best course of action for IRS tax problem help. Covering Vero Beaches.
If you have been levied you are not alone.
IRS levies 1.5 million taxpayers last year alone.
We are the affordable local professional firm that knows the system inside and out.
Not only can we stop the IRS bank or wage garnishment levy, we can settle your case at the same time.
We are composed of CPAs and former IRS agents who have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional South Florid tax offices of the Internal Revenue Service.
There is a very specific system used to get an IRS tax levy released, whether it be a bank levy or wage garnishment levy. Being former IRS agents we know the system.
Not only were we former IRS agents and teaching instructors we also taught new IRS agents or jobs. When you have received an IRS tax levy it only makes sense to have former IRS agents provide you tax levy defense and case settlements all at the same time.
We understand all the systems, formulas, and all the protocols to get an immediate relief of a IRS tax levy.
Knowing the system makes this a streamlined process and is able to get faster and quicker tax relief. We can stop your IRS tax levy right now and settle your case at the same time.
Within 24 hours of receiving your current documented financial statement we can get an IRS bank levy or wage garnishment levy released and settle your case all at the same time.
The Internal Revenue Service we use a current financial statement to make the determinations on your case. The financial statement used by IRS is used nationwide to make determinations on collection cases. Once IRS reviews your documented financial statement they will close your case.
IRS will close and settle your case generally one of three ways.
After a review of your current financial statement (433f ) IRS will place you either into :
1.currently not collectible status,
2. ask you for a monthly payment agreement or
3. you could submit an offer in compromise if you are a qualified and suitable candidate.
We will review with you your options to find out which is the best fit based on your current financial condition. Remember, your documented financial statement holds the key.
16 million cases are open in the collection vertical because back taxes of not been paid. 40% of those wind up in the tax hardship, 6.5 million end up in payment agreements and approximately 40,000 get accepted for offers in compromise.
Call us today for a free initial tax consultation. When you call our office you will hear the truth about your case and speak to a true IRS tax expert regarding any IRS or state tax matter.
What is a IRS Tax Levy?
A levy is a legal seizure of your property to satisfy a tax debt.
Levies are different from liens.
A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt.
Where does Internal Revenue Service (IRS) authority to levy originate?
The Internal Revenue Code (IRC) authorizes levies to collect delinquent tax. See IRC 6331. Any property or right to property that belongs to the taxpayer or on which there is a Federal tax lien can be levied, unless the IRC exempts the property from levy.
What actions must the Internal Revenue Service take before a IRS tax levy can be issued?
The IRS will usually levy only after these three requirements are met:
1• The IRS assessed the tax and sent you a Notice and Demand for Payment (a tax bill);
2• You neglected or refused to pay the tax; and
3• The IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
Please note: if the IRS levies your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
When will the IRS issue IRS tax levy/wage garnishments?
If you do not pay your taxes (or make arrangements to settle your debt), and the IRS determines that a levy is the next appropriate action, the IRS may levy any property or right to property you own or have an interest in.
For instance, the IRS could levy property that is yours, but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).
Call us today and hear the truth about your case.
We are true tax experts, since 1982.
We are the friendly, professional, and affordable tax firm.
IRS Tax Levy Relief Help Right NOW + Bank, Wage Levy Garnishments + Settle IRS Tax Debt + File Late Taxes + Vero Beach + 32960, 32962, 32963, 32966, 32967, 32968
by Fresh Start Tax | Jun 2, 2016 | Tax Help
As a former IRS agent and teaching instructor I have been asked this question all the time.
How long can IRS continue to levy my wages?
The answer is very simple, they can continue to garner your wages for as long as they want.
If you are in receipt of an IRS garnishment or levy is important to understand that the Internal Revenue Service had no intention of sending these tax levies or wage garnishments out.
As a result of taxpayers not following up on a series of four notices including a final notice, the IRS computer system systematically sends a wage garnishment out to the W-2 or 1099 information found on your tax return or third-party information sent by your employer. the Internal Revenue Service also has the option of sending out bank levies as well.
Not a human hand touches these IRS levies or wage garnishments. They are all computer-driven systematically.
The only exception, if the case is in the local office the revenue officers have the option to send levies out.
The most important question to ask
“How can I get my IRS tax Levy wage garnishment released?
It really does not take much to get your wage levy garnishment released.
The Internal Revenue Service wants to be contacted with a plan in mind on how you want to deal with the outstanding tax obligation or liability.
As a general rule, the Internal Revenue Service will take a current financial statement and ask you to document that statement with pay stubs, copy of expenses, and bank statements.
The internal revenue service will analyze your current financial statement and documentation and come up with an exit strategy to close your case off the Internal Revenue Service enforcement computer.
Closing Methods
The Internal Revenue Service will generally put your case into the non-collectible status or will ask you for a monthly payment.
Your case can be placed the non-collectible because your expenses exceed your income and you fall within the national standards. These hardship cases or non-collectible cases stay in the system for a period of a couple years until IRS reissues the case back to the field again.
Keep in mind, penalties and interest will run on this liability.
Over 40% of all open IRS cases get placed into current hardship.
The other option is to have your case place into a payment plan based on your current income and expenses.
6.5 million taxpayers a year inter-into installment payment plans.
Levy Releases
You can get your levy released by contacting Internal Revenue Service with the current financial statement.
It is best to have a seasoned tax professional negotiate the closing of your case. The results will definitely be different simply because of the amount of experience in understanding the IRS methodologies.
Also taxpayers may want to consider an offer in compromise to settle their debt for pennies on the dollar.
It is wise to have the IRS pre-qualifier tool available to you to make sure you are a true offer in compromise tax debt settlement candidate.
To have success in these cases you must know the formulas used by Internal Revenue Service to get your case placed into hardship, payment agreements or the offer in compromise.
As for the offer in compromise, last year the IRS accepted 38% of all offers in compromise file for average of $4000 per case.
It is extremely important to understand that your current documented financial statement will determine the closing method used by Internal Revenue Service.
Call us today for a free initial tax consultation and we walk you through the process.
We’ve been practicing since 1982 and are A+ rated by the Better Business Bureau.
How Long Can IRS Levy/Garnish My Wages + Former IRS Help
by Fresh Start Tax | Jun 1, 2016 | Tax Help
Notice of Underreported Income – CP-2000
With the Internal Revenue Service has sent you a notice of unreported income you have various options.
Call us today to learn more about the different facts and circumstances that surround the IRS CP 2000 notice or underreported income.
The IRS compares the information reported by employers, banks, businesses, and other payers on income documents like the Forms W-2, 1098, 1099, etc., with the income, credits, and deductions you report on your income tax return.
The Automated Underreporter (AUR) function sends out a Notice CP-2000 if you did not report income reported to the IRS by a payer or if it appears that payments, credits and/or deductions are overstated.
The CP-2000 is not a bill. It is a proposal to adjust your income, payments, credits, and/or deductions.
This may result in additional tax owed or a refund of taxes paid.
The first page of the notice provides a summary of proposed changes to your tax, the steps you should take to respond, and a phone number to call for assistance.
In addition, the notice:
• Shows the amounts you reported on your original or amended return
• Shows the amounts reported to the IRS by the payer
• Shows the IRS proposed changes to the tax, credits, and/or payments
• Shows the payer’s name, ID number, the type of document issued (W-2, 1098, 1099), and the tax identification number of the person to whom the document was issued
• Based on payer documentation, proposes either an increase or decrease to your tax liability, and
• Includes a response form, payment voucher, and an envelope.
Review this information carefully to verify its accuracy and so you know exactly how you should respond.
On the response form, you should indicate whether you agree with all the changes, agree with some of the changes, or do not agree with any of the changes the IRS is proposing.
The response form also allows you to authorize someone other than yourself to contact the IRS concerning the notice, and the notice provides payment options.
Responding to the notice:
• If you agree with the proposed adjustments, complete and sign the response form, and return it in the enclosed envelope.
The proposed adjustments will generally show interest calculated 30 days from the date on the notice; certain penalties may also apply but may not be shown.
You may pay the amount you owe within 30 days from the date of notice, and making that payment will stop additional interest from accruing.
If you make a partial payment, or you send the signed consent without payment, the IRS will bill you for the amount due plus additional penalties and/or interest charges.
If making a payment, please use the enclosed payment voucher to ensure proper application of your payment.
• If you do not agree with any changes or with some of the changes, do not sign the notice. Instead, explain in a separate signed statement why you do not agree, attach the statement and supporting documentation for consideration to the response form, and submit the response form and attachment to the IRS.
Include your phone number with area code and the best time of day to call.
Do not file an amended return ( Form 1040X (PDF)) for the tax year shown in the upper right hand corner of page 1.
The IRS will make corrections for you after we receive your response.
If the same or other errors occurred in any other tax years, you may wish to file an amended return for those years in order to prevent or reduce the accrual of penalties.
You must respond within 30 days of the date of the notice or 60 days if you live outside the United States. Send your response, a copy of the notice you received, and any other necessary documents with the enclosed envelope. If you have lost the envelope or it was not enclosed, please send your response to the address listed on the first page of the response form.
If you are making a payment, use the provided payment voucher to ensure correct application to your account.
If there is a proposed balance due and we do not hear from you within the 30 or 60-day period, AUR will issue a statutory notice of deficiency and additional interest and penalties will be charged as appropriate.
by Fresh Start Tax | Jun 1, 2016 | Tax Help
We are an AFFORDABLE local South Florida tax firm that specializes in all IRS & State tax problems, Since 1982.
As former IRS agents and managers we worked out of the local South Florida offices. We cover the Vero Beaches.
Over 65 years of direct experience in the local IRS offices in South Florida.
We also worked as managers, supervisors and teaching instructors. Not only did we work in the above aforementioned positions, we are also on-the-job trainers for new IRS employees.
We know all the IRS systems inside and out we have worked both sides of any IRS problem and know the protocols and methodologies to resolve any IRS matter.
If you Haven’t Filed Back Tax Returns, you are not alone the tax gap is $450 billion. Over 16 million tax returns were not filed timely to the Internal Revenue Service last year.
The tax gap is a figure placed on taxes that should-be been collected if all tax returns were filed.
IRS is working hard to make sure all those with unfiled tax returns are back in the system.
The IRS Cade 2 computer us working hard to close the tax gap which is currently $500 billion.
Also, please keep in mind if you don’t file your back tax returns IRS has the option of filing your tax return under 6020 B of the IRC. IRS will do you no favors in filing, you will pay the highest amount allowed by law.
Haven’t Filed Back Taxes, IRS Tax Returns
Filing back tax returns is not an issue for our firm. We have prepared thousands of back tax returns with or without tax records.
There is a very systematic way to do this and it is called income tax reconstruction.
We take the methodologies learned at Internal Revenue Service and apply the best practice standards to go ahead and prepare your back tax return and make sure you pay the lowest amount allowed by law.
If you are going to owe money as result of your tax filing we can settle your tax debt as well.
On cases where taxpayers have received notices, we send IRS a power of attorney so you will never have to speak to IRS and we handle all the correspondence.
From there we go ahead and start the preparation of our tax return process by pulling IRS transcripts and any available records. From there, we submit the tax returns to IRS at the same time work out a remedy or solution if you’re go to owe back tax debt.
It is important for every taxpayer to know that if they are in a position where they haven’t filed back taxes that they start making estimate tax payments or creased or withholding to cover their new IRS tax debt.
Internal Revenue Service wants to make sure future compliance is not an issue.
IRS Tax Debt Settlements, I am a former IRS agent and teaching instructor of the offer in compromise.
If you need to settle your tax debt with Internal Revenue Service, as a general IRS will want to current financial statement to make a determination.
You will need to do that on the IRS form 433A or 433F.
As a general rule upon your submission of your current documented financial statement,
IRS will either place you went into:
1.currently not collectible file (hardship) or , CNC,
2. ask you for a monthly payment or installment agreement,
Many taxpayers are eligible for the offer in compromise program to settle their debt for pennies on the dollar.
Last year over 38,000 taxpayers settle their tax debt for an average of $6500 per case. Keep in mind that is just an average national average in your case is completely dependent on your current financial statement.
Before you file for offer in compromise it is wise to fill out the IRS pre-qualifier tool to make sure you were a viable candidate and don’t waste any money.
When you call our office we will be review with you the various options you have to completely and permanently remedy all your IRS tax problems once and for all.
If the IRS has filed a federal tax lien against you, when you call our office we will go over the different ways you may be able to release your federal tax lien.
The lien will stay on your record for 10 years from the date of assessment unless an offer in compromise was accepted or you got into an IRS payment agreement that met the qualifications.
We are a full-service firm that specializes in IRS tax relief. With over 206 years of professional tax experience and over 65 years of combined work experience.
If you need to file tax returns, need an IRS tax settlement, need to work a payment plan, or if your experience a IRS tax hardship or need to get IRS levies and tax liens released call us today.
Call us today for a free initial tax consultation. You will speak to a true IRS tax expert, since 1982.
We are fast, friendly, and affordable professional tax firm. Since 1982.Unfiled Back Tax Returns + Settle IRS Tax Debt + Payment Plans + IRS Levy + IRS Tax Liens + Owe Back Taxes
by Fresh Start Tax | Jun 1, 2016 | Tax Help
We are affordable professional tax firm that can stop an IRS tax levy immediately & settle at the same time. Since 1982, A+ rated by the BBB.
We are your best course of action for IRS tax problem help. Covering Vero Beaches.
If you have been levied you are not alone. IRS levies 1.5 million taxpayers last year alone.
We are the affordable local professional firm that knows the system inside and out.
Not only can we stop the IRS bank or wage garnishment levy, we can settle your case at the same time.
We are composed of CPAs and former IRS agents who have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional South Florid tax offices of the Internal Revenue Service.
We are a local tax firm practicing in South Florida since 1982.
There is a very specific system used to get an IRS tax levy released, whether it be a bank levy or wage garnishment levy. Being former IRS agents we know the system.
Not only were we former IRS agents and teaching instructors we also taught new IRS agents or jobs. When you have received an IRS tax levy it only makes sense to have former IRS agents provide you tax levy defense and case settlements all at the same time.
We understand all the systems, formulas, and all the protocols to get an immediate relief of a IRS tax levy.
Knowing the system makes this a streamlined process and is able to get faster and quicker tax relief. We can stop your IRS tax levy right now and settle your case at the same time.
Within 24 hours of receiving your current documented financial statement we can get an IRS bank levy or wage garnishment levy released and settle your case all at the same time.
The Internal Revenue Service we use a current financial statement to make the determinations on your case. The financial statement used by IRS is used nationwide to make determinations on collection cases. Once IRS reviews your documented financial statement they will close your case.
IRS will close and settle your case generally one of three ways.
After a review of your current financial statement (433f ) IRS will place you either into :
1.currently not collectible status,
2. ask you for a monthly payment agreement or
3. you could submit an offer in compromise if you are a qualified and suitable candidate.
We will review with you your options to find out which is the best fit based on your current financial condition. Remember, your documented financial statement holds the key.
16 million cases are open in the collection vertical because back taxes of not been paid. 40% of those wind up in the tax hardship, 6.5 million end up in payment agreements and approximately 40,000 get accepted for offers in compromise.
Call us today for a free initial tax consultation. When you call our office you will hear the truth about your case and speak to a true IRS tax expert regarding any IRS or state tax matter.
First of All, what is a IRS Tax Levy?
A levy is a legal seizure of your property to satisfy a tax debt.
Levies are different from liens.
A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt.
Where does Internal Revenue Service (IRS) authority to levy originate?
The Internal Revenue Code (IRC) authorizes levies to collect delinquent tax. See IRC 6331. Any property or right to property that belongs to the taxpayer or on which there is a Federal tax lien can be levied, unless the IRC exempts the property from levy.
What actions must the Internal Revenue Service take before a IRS tax levy can be issued?
The IRS will usually levy only after these three requirements are met:
1• The IRS assessed the tax and sent you a Notice and Demand for Payment (a tax bill);
2• You neglected or refused to pay the tax; and
3• The IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
Please note: if the IRS levies your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
When will the IRS issue IRS tax levy/wage garnishments?
If you do not pay your taxes (or make arrangements to settle your debt), and the IRS determines that a levy is the next appropriate action, the IRS may levy any property or right to property you own or have an interest in.
For instance, the IRS could levy property that is yours, but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).
Call us today and hear the truth about your case.
We are true tax experts, since 1982. We are the friendly, professional, and affordable tax firm.
We are A+ rated by the Better Business Bureau.
IRS Tax Levy Relief Help Right NOW + Bank, Wage Levy Garnishments + Settle IRS Tax Debt + Tax Lien Help + File Late Taxes + Vero Beach + 32960, 32962, 32963, 32966, 32967, 32968
