by Jim Magary | Mar 22, 2016 | Tax Help
Taxes and for Retirement with the Saver’s Credit
If you contribute to a retirement plan, like a 401(k) or an IRA, you may be able to claim the Saver’s Credit.
This credit can help you save for retirement and reduce the tax you owe.
Here are some key facts that you should know about this important tax credit:
• Formal Name.
The formal name of the Saver’s Credit is the Retirement Savings Contribution Credit. The Saver’s Credit is in addition to other tax savings you get if you set aside money for retirement. For example, you may also be able to deduct your contributions to a traditional IRA.
• Maximum Credit.
The Saver’s Credit is worth up to $4,000 if you are married and file a joint return. The credit is worth up to $2,000 if you are single. The credit you receive is often much less than the maximum. This is partly because of the deductions and other credits you may claim.
• Income Limits.
You may be able to claim the credit depending on your filing status and the amount of your yearly income.
You may be eligible for the credit on your 2015 tax return if you are:
◦ Married filing jointly with income up to $61,000
◦ Head of household with income up to $45,750
◦ Married filing separately or a single taxpayer with income up to $30,500
• Other Rules. Other rules that apply to the credit include:
◦ You must be at least 18 years of age.
◦ You can’t have been a full-time student in 2015.
◦ No other person can claim you as a dependent on their tax return.
• Contribution Date. You must have contributed to a 401(k) plan or similar workplace plan by the end of the year to claim this credit. However, you can contribute to an IRA by the due date of your tax return and still have it count for 2015. The due date for most people is April 18, 2016.
• Form 8880. File Form 8880, Credit for Qualified Retirement Savings Contributions, to claim the credit.
by Jim Magary | Mar 22, 2016 | Tax Help
We can prepare all unfiled payroll taxes and settle your tax debt all at the same time. We are the affordable professional tax firm, since 1982.
With or without records we can prepare back payroll or individual tax returns and settle your tax debt all at the same time.
As former IRS agents, we have prepared many back payroll tax returns when few records are available. We know the system inside and out.
We have over 65 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service. We know all the protocols, systems on the fastest and most affordable way to settle payroll tax debt. Let our years of experience resolve your payroll tax case.
We have worked as managers, supervisors and teaching instructors. OUR 65 years of direct IRS experience are some of the most in the industry.
Unfiled Back Payroll Tax Returns, a Major Concern For the IRS
Payroll taxes are a concern for Internal Revenue Service because these taxes are actually trust fund taxes, that is, a company holds these taxes for the benefit of the government.
It is important to remember at the end of a tax year companies issues W-2s.
Refunds are issued on W-2s. If that money is not collected and given to the government is a direct loss to the US treasury system.
When these taxes are not paid a red flag is raised and IRS makes every possible effort to collect these payroll taxes and go after the responsible individuals whose job it was to collect and turn over these back taxes. Many times the government will send revenue officers to knock at the doors of businesses and company owners to run down these tax returns and payroll tax debt.
IRS we use every avenue of enforced collections to do so.
I should know, I am a former revenue officer who used to work these cases and I know the very best tax defense.
We can go ahead and file all your unfiled payroll tax returns and settle your debt all at the same time.
It is critical that you understand that you do not want IRS the filed your tax return for you.
Under 6020 B of the Internal Revenue Code, the IRS has the right to prepare your back payroll tax returns if you do not voluntarily file them. this will be nothing but trouble for you.
IRS can set up a personal assessment against you and collect the tax as though you owe individual income taxes. Yes you can be held personally responsible for the back payroll taxes. You can be subject to tax levies and tax liens.
BEWARE, you can be held personally responsible for unpaid payroll taxes.
If the IRS has found you a responsible person for the trust fund penalty, call us today for free initial tax consultation and we will walk you through the process of resolving this tax at once and for all.
As former IRS agents we set up trust fund penalties against responsible persons for corporations or businesses that owed back payroll taxes.
If a company can no longer pay their back payroll taxes, the Internal Revenue Service has the right under 6672 to set up the trust fund debt against those who are held responsible. This is called the trust fund penalty.
Who Can Be Responsible for the Trust Fund Taxes, code section 6672.
The usual suspects found liable by IRS are usually those that were:
An officer or an employee of a corporation;
A member or employee of a partnership;
A corporate director or shareholder or member;
A member of a board of trustees of a nonprofit organization, or anyone deemed to be responsible;
Other persons with authority and who had control over funds to direct their disbursement;
Those who willfully and with full knowledge chose not to pay the payroll tax liability.
You’ll know if you are one of these persons because you will receive IRS form 2751 & 1153 indicating a proposed notice of assessment against you.
There are various options available. As soon as we review your case we can instantly tell you ways to help resolve your problem.
Being former IRS agents and managers we know every possible solution to remedy this tax debt. We can resolve and possibly reduce your tax obligation.
There are various options you have for tax relief:
The basic options include:
1. trust fund appeals, the possibility of an offer in compromise, doubt to liability,
2.hardships, or currently not collectible,
3. payments plan, and
4. the offer in compromise, if you are a qualified and suitable candidate.
5. bankruptcy is another option.
The Process of Getting IRS Tax Debt Relief on Trust Fund
We need to look to find out if you were truly responsible under 6672 of the IRS code. many time IRS ram rods these penalties to people who truly were not responsible for trust fund taxes.
I’ve work so many cases and being a former IRS agent IRS just tries to set these penalties up against everybody and many people do not have proper representation to fight IRS.
We will carefully review your case to find out if you were truly responsible for the trust fund penalty.
We will conduct a review to find out if there is any way that we can appeal for change the assessment of this trust fund tax.
If we feel we would’ve beat this assessment through the appellate process we can go ahead and file an offer in compromise as to doubt as to liability and appeal this assessment.
If you are responsible for the tax, IRS will take a current financial statement and make a determination based on the collectibility of the tax.
How the Internal Revenue Service will work your case if you owe back payroll IRS tax debt.
IRS will require a 433A or 433F, an individual financial statement. If the business is still open, the IRS require a 433B business financial statement.
IRS will look at the business and personal financial statements of the owners as one existing entity.
Many times the IRS uses 433F, depending were the cases in the system. Cases worked in the ACS system uses shorter version of the financial statement.
If the case is worked in the local office the revenue officer will use form 433.A
That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.
We will walk you through the process of how the IRS will work your case in the collection action that can possibly taken.
Will also review with you the IRS national standards program on all cases for those who owe back taxes.
Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.
IRS has the option to:
1.IRS determines on 40% of the cases that taxpayers are put into hardship which means they can’t pay the tax at this time. Sometimes it is called currently not collectible. Cases that are placed at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time.
2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement.
Other taxpayers file an offer in compromise to settle their case for pennies on the dollar. The offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service.
Call us today for a free initial tax consultation and we will walk you through the process of preparing back payroll taxes if you haven’t filed back payroll tax returns and settling your debt at all at the same time.
Haven’t Filed Back Payroll Taxes Return, Settle Debt & File + Former IRS Tax Help
by Jim Magary | Mar 22, 2016 | Tax Help
We can prepare all unfiled payroll taxes and settle your case all at the same time. We are the affordable professional tax firm, since 1982.
With or without records we can prepare back payroll or individual Tax returns.
As former IRS agents we have prepared many back tax returns when few records are available.We know the system inside and out.
We have over 65 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We have worked as managers, supervisors and teaching instructors.
Unfiled Back Payroll Tax Returns
Payroll taxes are a concern for Internal Revenue Service because these taxes are actually trust fund taxes, that is, a company holds these taxes for the benefit of the government.
When these taxes are not paid a red flag is raised and IRS makes every possible effort to collect these payroll taxes and go after the responsible individuals whose job it was to collect and turn over these back taxes.
IRS we use every avenue of enforced collections to do so. I should know, I am a former revenue officer who used to work these cases and I know the very best tax defense.
We can go ahead and file all your unfiled payroll tax returns and settle your debt all at the same time.
It is critical that you understand that you do not want IRS the filed your tax return for you.
Under 6020 B of the Internal Revenue Code, the IRS has the right to prepare your back payroll tax returns if you do not voluntarily file them. this will be nothing but trouble for you.
IRS can set up a personal assessment against you and collect the tax as though you owe individual income taxes. Yes you can be held personally responsible for the back payroll taxes. You can be subject to tax levies and tax liens.
Personal Responsibility for Payroll Taxes, BEWARE.
If the IRS has found you a responsible person for the trust fund penalty, call us today for free initial tax consultation and we will walk you through the process of resolving this tax at once and for all.
As former IRS agents we set up trust fund penalties against responsible persons for corporations or businesses that owed back payroll taxes.
If a company can no longer pay their back payroll taxes, the Internal Revenue Service has the right under 6672 to set up the trust fund debt against those who are held responsible. This is called the trust fund penalty.
Who can be Responsible for the Trust Fund Taxes, code section 6672. Can it Be You?
The usual suspects found liable by IRS are usually those that were:
- An officer or an employee of a corporation;
- A member or employee of a partnership;
- A corporate director or shareholder or member;
- A member of a board of trustees of a nonprofit organization, or anyone deemed to be responsible;
- Other persons with authority and who had control over funds to direct their disbursement;
- Those who willfully and with full knowledge chose not to pay the payroll tax liability.
You’ll know if you are one of these persons because you will receive IRS form 2751 & 1153 indicating a proposed notice of assessment against you.
There are various options available. As soon as we review your case we can instantly tell you ways to help resolve your problem.
Being former IRS agents and managers we know every possible solution to remedy this tax debt. We can resolve and possibly reduce your tax obligation.
There are various options you have for tax relief:
The basic options include:
1. trust fund appeals, the possibility of an offer in compromise, doubt to liability,
2.hardships, or currently not collectible,
3. payments plan, and
4. the offer in compromise, if you are a qualified and suitable candidate.
5. bankruptcy is another option.
The Process of Getting IRS Tax Debt Relief on Trust Fund Tax Debt
We need to look to find out if you were truly responsible under 6672 of the IRS code. many time IRS ram rods these penalties to people who truly were not responsible for trust fund taxes.
I’ve work so many cases and being a former IRS agent IRS just tries to set these penalties up against everybody and many people do not have proper representation to fight IRS.
We will carefully review your case to find out if you were truly responsible for the trust fund penalty.
We will conduct a review to find out if there is any way that we can appeal for change the assessment of this trust fund tax.
If we feel we would’ve beat this assessment through the appellate process we can go ahead and file an offer in compromise as to doubt as to liability and appeal this assessment.
If you are responsible for the tax, IRS will take a current financial statement and make a determination based on the collectibility of the tax.
How the Internal Revenue Service will work your case if you owe back payroll IRS tax debt.
IRS will require a 433A or 433F, an individual financial statement.
Many times the IRS uses 433F, depending were the cases in the system. Cases worked in the ACS system uses shorter version of the financial statement.
If the case is worked in the local office the revenue officer will use form 433.A
That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.
We will walk you through the process of how the IRS will work your case in the collection action that can possibly taken.
Will also review with you the IRS national standards program on all cases for those who owe back taxes.
Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.
IRS has the option to:
1.IRS determines on 40% of the cases that taxpayers are put into hardship which means they can’t pay the tax at this time. Sometimes it is called currently not collectible. Cases that are placed at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time.
2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement.
Other taxpayers file an offer in compromise to settle their case for pennies on the dollar. The offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service.
What is an offer in compromise? OIC
It is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed.
Taxpayers who can fully pay the liabilities through an installment agreement or other means, will not be eligible for a OIC in most cases.
in order to be eligible for a OIC, the taxpayer must have filed all tax returns, made all required estimated tax payments for the current year and made all required federal tax deposits for the current quarter if the taxpayer is a business owner with employees.
In most cases, the IRS will not accept a OIC unless the amount offered by a taxpayer is equal to or greater than the reasonable collection potential (the RCP).
The RCP is how the IRS measures the taxpayer’s ability to pay. The RCP includes the value that can be realized from the taxpayer’s assets, such as real property, automobiles, bank accounts, and other property.
In addition to property, the RCP also includes anticipated future income less certain amounts allowed for basic living expenses.
The IRS may accept a OIC based on three grounds:
1• First, the IRS can accept a compromise if there is doubt as to liability. A compromise meets this only when there is a genuine dispute as to the existence or amount of the correct tax debt under the law.
2• Second, the IRS can accept a compromise if there is doubt that the amount owed is fully collectible. Doubt as to collectibility exists in any case where the taxpayer’s assets and income are less than the full amount of the tax liability.
3• Third, the IRS can accept a compromise based on effective tax administration. An offer may be accepted based on effective tax administration when there is no doubt that the tax is legally owed and that the full amount owed can be collected, but requiring payment in full would either create an economic hardship or would be unfair and inequitable because of exceptional circumstances.
When submitting a OIC based on doubt as to collectibility or based on
effective tax administration, taxpayers must use the most current version of:
1. Form 656, Offer in Compromise, and also submit Form 433-A (OIC), Collection Information Statement for Wage Earners and Self-Employed Individuals, and/or,
2. Form 433-B (OIC), Collection Information Statement for Businesses. A taxpayer submitting a OIC based on doubt as to liability must file a Form 656-L (PDF), Offer in Compromise (Doubt as to Liability), instead of Form 656 and Form 433-A (OIC) and/or Form 433-B (OIC).
Form 656 and referenced collection information statements are available in the Offer in Compromise Booklet, Form 656-B (PDF).
In general, a taxpayer must submit a $186 application fee with the Form 656. Do not combine this fee with any other tax payments.
However, there are two exceptions to this requirement:
• First, no application fee is required if the OIC is based on doubt as to liability.
• Second, the fee is not required if the taxpayer is an individual (not a corporation, partnership, or other entity) who qualifies for the low-income exception.
This exception applies if the taxpayer’s total monthly income falls at or below 250 percent of the poverty guidelines published by the Department of Health and Human Services. Section 4 of Form 656 contains the Low Income Certification guidelines to assist taxpayers in determining whether they qualify for the low-income exception.
A taxpayer who claims the low-income exception must complete section 4 of Form 656 and check the certification box.
Options: Taxpayers may choose to pay the offer amount in a lump sum or in installment payments.
A “lump sum cash offer” is defined as an offer payable in 5 or fewer installments within 5 or fewer months after the offer is accepted. If a taxpayer submits a lump sum cash offer, the taxpayer must include with the Form 656 a nonrefundable payment equal to 20 percent of the offer amount.
This payment is required in addition to the $186 application fee.
The 20 percent payment is “nonrefundable” meaning it will not be returned to the taxpayer even if the offer is rejected or returned to the taxpayer without acceptance.
Instead, the 20 percent payment will be applied to the taxpayer’s tax liability. The taxpayer has a right to specify the particular tax liability to which the IRS will apply the 20 percent payment.
An offer is called a “periodic payment offer” under the tax law if it is payable in 6 or more monthly installments and within 24 months after the offer is accepted.
When submitting a periodic payment offer, the taxpayer must include the first proposed installment payment along with the Form 656.
This payment is required in addition to the $186 application fee.
This amount is nonrefundable, just like the 20 percent payment required for a lump sum cash offer.
Also, while the IRS is evaluating a periodic payment offer, the taxpayer must continue to make the installment payments provided for under the terms of the offer.
These amounts are applied to the tax liabilities and the taxpayer has a right to specify the particular tax liabilities to which the periodic payments will be applied.
Upon acceptance of a OIC, the taxpayer may no longer designate offer payments to any specific tax liability covered in the offer agreement.
Ordinarily, the statutory time within which the IRS may engage in collection activities is suspended during the period that the OIC is under consideration, and is further suspended if the OIC is rejected by the IRS and where the taxpayer appeals the rejection to the IRS Office of Appeals within 30 days from the date of the notice of rejection.
If the IRS accepts the taxpayer’s offer, the IRS expects that the taxpayer will have no further delinquencies and will fully comply with the tax laws.
The offer in compromise requires a lot of skill because reviewed by several layers of Internal Revenue Service. I should know, I am former IRS agent and teaching instructor of the offer in compromise.
When IRS works an offer in compromise the agent working the case as a general rule will spend at least 20 to 30 hours of working time from start to finish on a completed offer.
If you have on unfiled payroll tax returns, call us today for free initial tax consultation.
We can file your unfiled tax returns and workout tax settlement all at the same time.
Unfiled Payroll Tax Returns, 941+ File, Settle Payroll Tax Debt
by Jim Magary | Mar 22, 2016 | Tax Help
We are affordable professional tax firm that can stop an IRS tax levy immediately.Get experienced advice, Since 1982 A+ rated by the BBB.
We know the exact process on how to get an IRS tax levy released fast. Our advice is based on 65 years of direct IRS work experience.
Call us for a free initial tax consultation and learn how to get an IRS bank levy released right now,FAST.
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
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 Levy Advise Relief Process
You should know that IRS finds no joy in issuing bank and wage garnishment levies. Yes, I know it is hard to believe but as a former IRS agent I can assure you levees are unnecessary part of the government’s process to collect the tax.
It simply does so because taxpayers did not respond to final IRS notices. IRS sends out a series of five billing notice to most taxpayers. They send those notices to their last known address on their last file tax return.
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. If you need to have tax returns filed and brought up to date we can file all your back tax returns. We are a full service tax firm with expertise in IRS matters.
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.
Call us today for a free initial tax consultation.
Advice to Get IRS Tax Levy Released Fast, Former IRS Firm, Experts
by Jim Magary | Mar 22, 2016 | Tax Help
We are affordable professional tax firm that can stop an IRS tax levy immediately. Since 1982 A+ rated by the BBB.
We know the exact process on how to get an IRS tax levy released fast.
Call us for a free initial tax consultation and learn how to get an IRS bank levy released right now.
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 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 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 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.
First of All, 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.
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.
When will the IRS issue IRS tax levies?
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.
IRS Tax Levy + Process of Getting Levy Released Fast + Former IRS
by Jim Magary | Mar 22, 2016 | Tax Help
We are a full service tax firm and experts who specialize in affordable IRS Tax Levy Assistance Help, Since 1982.
Did IRS Take Your Money? Get Your Money Back Today. Do not be bullied by the IRS.
We are composed of CPAs and former IRS agents, managers and teachings instructors that know the IRS system of resolving back IRS tax debt and getting immediate release and stopping Back IRS Tax Levies, both bank and wage garnishment.
As a general rule, within 24 hours of receiving a current financial statement we can stop and get a bank tax levy or wage garnishment released and settle your case.
Not only were we former IRS agents and teaching instructors we also were on the job trainers for new IRS agents.
We lived this system for 10 years and understand the protocols, settlement theories and know every possible way to resolve back IRS tax debt.
How the process works of tax resolution works. How to Get Your Money Back
IRS issues a tax levy ( bank and or wage garnishments) because taxpayers have failed to respond to final notices sent. IRS generally sends a series of five billing notices out over five with billing cycles.
Many times taxpayers have never even receive those final notices.
As a result, the IRS systemically sends out bank or wage garnishment levies to the taxpayers employer or bank account. Levy sources are accumulated by IRS because of W-2 or 1099 transmittal. IRS keeps set information on your system for seven years.
The taxpayer or the representative will need to call IRS with the current financial statement. Once IRS has the information in hand they will immediately go ahead and issue a release of levy.
As a general rule, certain facts of your case are pertinent to the resolution of your tax debt. Smaller cases may be treated differently than larger cases.
IRS has a variety of options available depending on the type of tax debt that you owe.
Some of the Factors IRS takes into account to resolve your case and release a Back Tax Levy.
IRS take into account are the dollar amount, your prior compliance history, and what you plan to do about resolving the back IRS Tax Debt. IRS will conduct a full compliance check to make sure all your tax returns are filed.
As a general rule, the IRS will take a current financial statement on form 433F and they will want that financial statement completely documented along with bank statements, pay stubs, monthly income and expenses.
IRS will complete an analysis based on the national and regional standards of expenses in the area in which you live.
IRS has specified formulas and coming up with a solution to resolve your tax debt. As a general rule, the IRS will either place your case into a currently non-collectible, ask for a monthly payment or installment agreement or let you know you could be considered for an offer in compromise.
When you call our office we will review with you every possible solution and let you know the most affordable and fastest way to resolve your back tax debt problem with the IRS and get you an immediate release of the Back Tax Levy.
It is important for you to know that all back tax returns will need to be filed before IRS will close their case.
Call us today for a free initial tax consultation and we will walk you through the process of how you can resolve your back IRS tax debt.
When you call our office you will speak not to a salesperson but to a true IRS tax expert who understands the process of how you can resolve your back tax debt.
We are the fast and affordable professional tax firm that has been resolving taxpayer debt since 1982.
We can get immediate and permanent releases a bank levies and wage garnishment levies and settle your case all at the same time. Yes, we get your money back and settle your case all at the same time.
IRS Took My Money + Stop IRS Bank, Wage Tax Levy Help + Settle Your Taxes
