Tax Help | Fresh Start Tax

Stop a Tax Levy NOW + IRS Debt Settlement Negotiation NOW, Since 1982

by Jim Magary | Mar 24, 2016 | Tax Help

We are affordable professional tax firm that can stop an IRS tax levy immediately& work out a debt settlement negotiation.

Call us for a free initial tax consultation and learn how to get an IRS bank levy released right now and negotiate your case all 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 tax offices of the Internal Revenue Service.

There is a very specific system and process 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 process

Not only were we former IRS agents and teaching instructors we also taught new IRS agents or jobs.

We understand all the systems, processes, 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/negotiate 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 IRS Levy Relief Process

You should know that IRS finds no joy in issuing bank and wage garnishment levies.

It simply does so because taxpayers did not respond to final IRS notices.

Per the IRM, IRS must follow-up with enforcement action. IRS collects billions of dollars a year through the enforcement tool of an IRS bank and wage garnishment levy.

The process to get your levy release is simple, IRS will need to review your current documented financial statement come to a conclusion on your case and then close it off their enforcement system. Please keep in mind, all tax returns must be filed.

IRS will close and settle and negotiate 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.

Call us today for a free initial tax consultation.

What is a IRS Tax Levy?

A levy is a legal seizure of your property to satisfy a tax debt. Tax Levies are different from Tax 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.

IRS generates 1.8 million tax levies a year. This is one of the largest sources of IRS collection tools.

What actions must the Internal Revenue Service take before a IRS tax levy can be issued?

The IRS will/can 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.

When will the IRS issue IRS tax levies/ garnishment?

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).

Stop your IRS tax levy within 48 hours and settle your case at the same time.

Call us today for free initial tax consultation. since 1982 we have been immediately stopping IRS tax levies and settling tax debt through the IRS debt settlement negotiation process.

Stop a Tax Levy NOW + IRS Debt Settlement Negotiation NOW, Since 1982

IRS Seized Your Money + STOP IRS NOW + Immediate Help, Former IRS Agents

by Jim Magary | Mar 23, 2016 | Tax Help

As former IRS agents and managers we can help get your money back, since 1982, the affordable professional tax firm.

We have over 206 years of professional tax experience and we are A+ rated by the Better Business Bureau.

If IRS has seized your money we can immediately send a power of attorney and to Internal Revenue Service find out the source of the problem and start the process of getting your money back immediately.

We know the system inside and out.

We have over 65 years of working directly for Internal Revenue Service, in the local, district, and regional tax offices of the Internal Revenue Service.

As former IRS agents we actually used to seize money of taxpayers, businesses, and corporations that owe tax debt.

There are definitive solutions to get your money back fast.

After speaking with you for no more than 10 minutes on the phone we can come up with a solution and start the process immediately.

We know all the IRS systems, methodologies, protocols, and the fastest and most affordable way to not only get your money back but and your IRS problem forever.

Not only were we former IRS agents and managers, we were teaching instructors.

Call us today for a free initial tax consultation.

IRS Seized Your Money + STOP IRS NOW + Immediate Help, Former IRS Agents

Employer Shared Responsibility Provisions = What You Need to Know

by Jim Magary | Mar 23, 2016 | Tax Help

Employer Shared Responsibility Provisions

The health care law includes the employer shared responsibility provisions, which require applicable large employers to offer health coverage to full-time employees and their dependents.

Those that do not offer coverage might be subject to the employer shared responsibility payment.

Facts about these provisions.

1. These provisions apply to applicable large employers, which includes tax-exempt and federal, state, local and Indian tribal government employers.

You’re an applicable large employer if you have 50 or more full-time employees, including full-time equivalents.

2. If you have fewer than 50 full-time employees, including full-time equivalents, you are not an applicable large employer and are generally not subject to these provisions.

However, you are subject to the rules for large employers if you have fewer than 50 employees, but are a member of an ownership group that has 50 or more full-time equivalent employees,

3. Under certain conditions relating to the employer’s maintenance of workforce and pre-existing health coverage, an employer won’t be assessed a payment for 2015.

This transition relief is available for tax year 2015 for certain ALEs who have fewer than 100 full-time employees, including full-time equivalents. .

4. You are subject to the payment if at least one full-time employee receives the premium tax credit and any one of these conditions apply.

Your organization:

• failed to offer coverage to full-time employees and their dependents

• offered coverage that was not affordable

• offered coverage that did not provide a minimum level of coverage

5. You do not report or include an employer shared responsibility payment with any information return you file.

6. The IRS will contact you about your potential shared responsibility payment amount.

You’ll have an opportunity to respond before the IRS assesses any liability or issues a notice and demand for payment.

Haven’t Filed Federal Taxes In Years = File & Settle Now + Affordable Experts

by Jim Magary | Mar 23, 2016 | Tax Help

As former IRS agents we can get you back in the system worry free. We can file all Back Taxes and Settle Your Case, Since 1982, We Know the System!

Haven’t Filed Back Federal Taxes in Years? We can prepare all back taxes with or without records. We are reconstructive tax experts. We can prepare and settle at the same time.

Call us today for free initial tax consultation and we will review with you various options and solutions you may have available.

We know all the systems employed by Internal Revenue Service, we are true specialists and experts can provide affordable tax solutions.

If you have unfiled back federal taxes we can get you back in the system worry free.

With or without records we can file your tax returns contact IRS and work out a solution on how to permanently end your IRS tax problem.

If you will owe back federal taxes, let us take over from here and settle your tax debt.

You will never speak to the Internal Revenue Service. We handle all correspondence with the IRS.

I am a former IRS agent in revenue officer who both worked and taught the offer in compromise program. I am a true expert in IRS tax debt settlement.

If you owe back federal taxes and have an individual tax debt with the Internal Revenue Service we have various options and solutions depending on your current financial statement. We will explain to you the offer in compromise program by the IRS.

Our former IRS agents have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS. Not only did we work his former agents we worked as managers and teaching instructors.

If you owe back federal individual or back business tax debt to the Internal Revenue Service and are looking for IRS tax debt relief on a federal, individual, business or payroll tax matter, call us today and hear the truth about your case.

In dealing with the IRS on federal individual or business taxes it is important to know for any individual, business or payroll tax case that you be current in the tax year you are in. IRS will insist on current year compliance.

The Internal Revenue Service may refuse to work with all clients who cannot keep up with current payment requirements.

You will also need to be in compliance with the filing of any back tax returns.

FST will lay out a complete working system for you to cooperate with Internal Revenue Service to ensure that you will get to deal you are looking for with the IRS, one that you can live with.

KEY FACT:

Your current financial statement will determine how the Internal Revenue Service will close your case.

Most taxpayers who think IRS will just work out any deal with them find themselves caught in a dilemma once IRS starts reviewing your financial statement.

IRS applies national standards that are shocking to most taxpayers. You can find the national standards on our website. The national standards are a list of expenses the Internal Revenue Service will allow you air based on both national, regional and localized standards.

If you are dealing with the ACS unit you will need to use financial statement number 433F if you are dealing in the local office you will need financial statement form 433 a, both can be found on our website.

That financial statement will need to be completely verified and documented to support the numbers on it. IRS will want to verify your financial statement via bank statements, copy of monthly expenses and a copy of pay stubs to verify income.

You must be very accurate and honest with your financial statement. Make sure your financial statement is completely documented.

As a general rule, cases will end in one of two ways people either the Internal Revenue Service after reviewing your financial statements.

IRS will either place you into a:

1.currently not collectible status or

2. ask for a monthly payment.

Some taxpayers who have unpaid federal income or business taxes may be eligible for offer in compromise. When you call our office we will walk you through the process.

We will talk to you about settlements, and/or making payments depending on your current financial statement.

It is also best to deal with your unpaid federal income or business taxes before IRS contacts you. The earlier a tax professional has your case the better result you will achieve.

Need to file back federal taxes?

We can bring you up to speed without worries and settle your case all at the same time. Since 1982 we are the affordable tax experts.

1-866-700-1040

Haven’t Filed Federal Taxes In Years = File & Settle Now + Affordable Experts

Need To File Back Federal Taxes + Haven’t Filed in Years + Do Not Worry, Former IRS, Know the System

by Jim Magary | Mar 23, 2016 | Tax Help

As former IRS agents we can get you back in the system worry free. We can file all Back Taxes and Settle Your Case, Since 1982, We Know the System!

Need To File Back Federal Taxes ? Stop the Worry Now!

We can prepare all back taxes with or without records. We are reconstructive tax experts.