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!
Unfiled Federal Taxes?
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. We have 65 years in the system and are true experts.
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.
Since 1982 we have been resolving federal tax debt.
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 offered by the IRS.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982. We have over 206 years of professional tax experience.
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.
Caution:
Make sure you are making your estimated tax payments. 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. IRS conducts a full compliance check so be prepared to forward any unfiled 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 expenses 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.
When you call our office and know that all work is done in-house by a truly seasoned and professional tax staff. We are true experts in dealing with those who owe back federal taxes on the individual or business basis.
Have all unfiled federal taxes brought up to speed without worries and settle your case all at the same time. Since 1982 we are the affordable tax experts.
Unfiled Federal Taxes, + Get Tax Filed Without Worries, + Settlement Experts,
by Jim Magary | Mar 23, 2016 | Tax Help
Bartering Produces Taxable Income
Bartering is the trading of one product or service for another.
Often there is no exchange of cash.
Some businesses barter to get products or services they need.
If you barter, you should know that the value of products or services from bartering is normally taxable income. This is true even if you are not in business.
A few facts about bartering:
Both parties must report the fair market value of the product or service they get as income on their tax return.
Barter exchanges.
A barter exchange is an organized marketplace where members barter products or services.
Some operate out of an office and others over the Internet.
All barter exchanges are required to issue Form 1099-B, Proceeds from Broker and Barter Exchange Transactions.
Exchanges must give a copy of the form to its members who barter each year. They must also file a copy with the IRS.
Trade Dollars.
Exchanges trade barter or trade dollars as their unit of exchange in most cases. Barter and trade dollars are the same as U.S. currency for tax purposes.
If you earn trade and barter dollars, you must report the amount you earn on your tax return.
Tax implications.
Bartering is taxable in the year it occurs. T
he tax rules may vary based on the type of bartering that takes place.
Barterers may owe income taxes, self-employment taxes, employment taxes or excise taxes on their bartering income.
Reporting rules.
How you report bartering on a tax return varies.
If you are in a trade or business, you normally report it on Form 1040, Schedule C, Profit or Loss from Business.
by Jim Magary | Mar 23, 2016 | Tax Help
We know the System, let our knowledge work for you! ” We are the AFFORDABLE professional tax firm.” Since 1982.
Owe Federal IRS Back Tax Debt? 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.
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 offered by the IRS.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982. We have over 206 years of professional tax experience.
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.
Caution:
Make sure you are making your estimated tax payments. 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. IRS conducts a full compliance check so be prepared to forward any unfiled 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.
The National Standards, this may be the fly in the ointment.
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:
- currently not collectible status or 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.
When you call our office and know that all work is done in-house by a truly seasoned and professional tax staff. We are true experts in dealing with those who owe back federal taxes on the individual or business basis.
We are the fast, friendly professional tax firm when it comes to dealing with those who all back federal IRS taxes and are seeking IRS tax debt relief, we can handle all federal IRS tax debt and any state tax cases.
Owe Federal IRS Back Tax Debt, + Options, Solutions ,+ Reduce Your Tax Debt, + Former IRS
by Jim Magary | Mar 23, 2016 | Tax Help
We know the System, let our knowledge work for you! ” We are the AFFORDABLE professional tax firm.” Since 1982.
Owe Back Federal Taxes + Individual Tax Debt + Offer in Compromise,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 offered by the IRS.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982. We have over 206 years of professional tax experience.
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 business taxes 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. Make sure you are making your estimated tax payments. 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. IRS conducts a full compliance check so be prepared to forward any unfiled 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.
The Standards
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 , either the Internal Revenue Service after reviewing your financial statements will place you into a currently not collectible status or 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.
When you call our office and know that all work is done in-house by a truly seasoned and professional tax staff. we are true experts in dealing with those who owe back federal taxes on the individual or business basis.
We are the fast, friendly professional tax firm when it comes to dealing with those who all back federal IRS taxes and are seeking IRS tax debt relief, we can handle all federal and state tax cases.
Call us today for a free initial tax consultation.
Owe Back Federal Taxes + Individual Tax Debt + Offer in Compromise
by Jim Magary | Mar 23, 2016 | Tax Help
We know the System, let our knowledge work for you! ” We are the AFFORDABLE professional tax firm.” Since 1982.
Unpaid Federal Income, Business Taxes? Let us take over from here and settle your tax debt.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982. We have over 206 years of professional tax experience.
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.
If you owe back federal individual or business taxes 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.
With over 206 years of professional tax experience we can usually tell you exactly how to get the very best results.
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. Make sure you are making your estimated tax payments.
The Internal Revenue Service may refuse to work with all clients who cannot keep up with current payment requirements.
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 will place you into a currently not collectible status or 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.
When you call our office and know that all work is done in-house by a truly seasoned and professional tax staff.
We are the fast, friendly professional tax firm when it comes to dealing with those who all back federal IRS taxes and are seeking IRS tax debt relief, we can handle all federal and state tax cases.
Call us today for a free initial tax consultation.
Unpaid Federal Income, Business Taxes = Settle, Make Payments + Former IRS Experts
by Jim Magary | Mar 23, 2016 | Tax Help
We know the System, let our knowledge work for you! ” We are the AFFORDABLE professional tax firm.”
Unpaid Federal Taxes? We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We have over 206 years of professional tax experience.
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.
If you owe back federal taxes 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 taxes or back 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
That is, IRS will want you current in your withholding, estimate or current payroll tax deposits.
The Internal Revenue Service may refuse to work with all clients who cannot keep up with current payment requirements. This is a must
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.
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.
Taxpayers who owe back taxes have to be prepared for dealing with the IRS and the standards they impose upon taxpayers.
This is applicable for all individual, business and corporate clients. IRS evaluates all clients based on their current financial statements.
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.
When you call our office and know that all work is done in-house by a truly seasoned and professional tax staff.
We are the fast, friendly professional tax firm when it comes to dealing with those who all back federal IRS taxes and are seeking IRS tax debt relief, we can handle all federal and state tax cases.
Call us today for a free initial tax consultation.
Unpaid Federal Taxes + Payment Plans, Settlements + Former IRS + Since 1982
