by Jim Magary | Mar 21, 2016 | Tax Help
Received IRS Tax Correspondence ? We are the affordable professional tax firm that can permanently resolve your IRS Tax Debt and unfiled tax returns.
Since 1982 we have been resolving back tax issues for countless thousands of taxpayers. Our firm is composed of tax lawyers, CPAs, and former IRS agents.
Our former IRS agents and managers have logged over 65 years working directly for their former employer in positions of management, supervisors and teaching instructors.
We also were on-the-job instructors for new IRS employees. We know the IRS systems and protocols inside and out and know every option available in resolving IRS tax debt.
How Your Case is Worked By the IRS
Being a former agent all taxpayer should know IRS is very methodical on the way they resolve tax debt for all taxpayers across all spectrums. If money is owed to the Internal Revenue Service as a general rule, IRS will want a currently documented financial statement.
That IRS financial statement will most likely be on a form 433F, 433 a.
Most of the cases are worked by the ACS unit which are basically boiler/call center rooms operations to collect money for the IRS.
IRS has approximately 14 call centers throughout the US. Any state call center may work your case. 99% of all open IRS collection cases are worked through call centers and not in the local office as taxpayers may think. Plan to wait a long time on the phone.
When calling the ACS, you will speak directly to an agent who will work your case and hopefully attempt to close it.
If your case is in the ACS unit they will require form 433F. when calling the ACS unit taxpayers need to have their current financial statements and all documentation ready to fax the IRS.
If the financial statements are not fully documented in all likelihood they will not be, you have to call and get another agent on the line, probably in another call center and work the case. This is why it helps to have a seasoned tax practitioner work your case because they know exactly what it takes to close the case and to get the best result.
If the case goes to the field in a revenue officer gets the case you will fill out financial statement form 433 a.
Usually much larger dollar cases go to field offices or experience IRS agents can work them and determine your fate.
Financial Statement Are Key to Success on IRS Cases
Your financial statement generally determines the outcome of your case. The best results are obtained from professional companies who have years of experience have dealt with the IRS repeatedly on a daily basis. firms understand the protocols and exactly how IRS will close their case and what work is needed.
Your financial statement will need to be completely documented along with bank statements, pay stubs, and copies of all your expenses to verify and certify your financial statement is correct.
After IRS does a cursory review of your financial statement documentation there are two categories taxpayers are generally put in.
As a general rule
1.40% of all taxpayers who will owe back tax debt are placed in a non-collectible file because they simply don’t have the money to pay the tax.
When you call us we will review this non-collectible or hardship status in detail.
2.6.5 million taxpayers enter monthly payment agreements that will last a determined amount of time.
Others are eligible to settle their tax debt to the offer in compromise program known to some taxpayers as the pennies on the dollar settlement. The Internal Revenue Service except the 38,000 offers in compromise last year for an average of $6500 per case.
It is also important you have all tax returns filed on the system. For certain type cases within the IRS system they may not work your case until all tax returns are filed.
Call us today for a free initial tax consultation we will walk you through the various programs to resolve your tax debt.
How To Deal With Owing IRS Back Taxes + Affordable Tax Solutions + Former IRS
by Jim Magary | Mar 21, 2016 | Tax Help
If you have received an IRS tax levy notice and never received correspondence from IRS, call us today for free initial tax consultation. Since 1982. Fast Levy Relief!
The Internal Revenue Service sends out approximately 1.8 million IRS tax Levy notices which include bank levies and wage garnishments a year. if you have received an IRS levy and have never been notified by IRS tax help is immediately available.
Many times taxpayers have never received a final notice. The Internal Revenue Service generally sends out five billing notices before it sends a general notice of an IRS tax levy.Thousands of taxpayers who received an IRS levy never received a final bill and lost their appellate rights.
The Internal Revenue Service sends its tax notices to the last address they have on the last file tax return.
Call us today and we can bring a quick end to your tax levy notice and settle your debt all at the same time.
Unfortunately many taxpayers do not get final notices from the Internal Revenue Service and are very surprised when they tax Levy notices shows up at a bank or work.
As a general rule, within 24 hours of receiving your current financial statement we can get your IRS tax levy notice released or stopped and closure case off the IRS enforcement computer.
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.
We have been offering bank & wage tax levy assistance held since 1982.
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 and getting immediate bank levy releases.
How the process works of tax resolution works and IRS Tax Levy’s
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.
IRS always sends out a final notice with taxpayers rights and the ability to file a collection due process hearing.
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. If your bank is received a tax levy notice it is because it has reported income information and bank information to the IRS.
The Internal Revenue Service will need to be contacted and the taxpayer will need to have certain information available. When you call our office we will explain the process to you.
IRS has a variety of options available depending on the type of tax debt that you owe.
Factors IRS takes into account to resolve your case and release a Back Tax Levy.
A couple of factors IRS take into account:
1. the dollar amount,
2. your prior compliance history, and ,
3. 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. you can find those standards on our website.
On the home page click on the IRS forms toolbar, once on the forms page, look for the IRS national standards.
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 Bank 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. We can file all your back tax returns.
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.
IRS Levy Without Tax Notice + Help Stop Tax Levy Now + Former IRS
by Jim Magary | Mar 21, 2016 | Tax Help
If you have received an IRS tax levy notice and never received correspondence from IRS, call us today for free initial tax consultation. Since 1982. Fast Levy Relief!
The Internal Revenue Service sends out approximately 1.8 million IRS tax Levy notices which include bank levies and wage garnishments. The IRS tax levy, bank levy in the wage garnishment levy is the internal revenue services largest source of seizure income.
Many times taxpayers have never received a final notice.
The Internal Revenue Service generally sends out five billing notices before it sends a general notice of an IRS tax levy.
The Internal Revenue Service sends its tax notices to the last address they have on the last file tax return.
This is unfortunate for many taxpayers because they have never received a final notice and even know to call the Internal Revenue Service.
Call us today and we can bring a quick end to your tax levy notice and settle your debt all at the same time.
Unfortunately many taxpayers do not get final notices from the Internal Revenue Service and are very surprised when they tax Levy notices shows up at a bank or work. as a general rule, within 24 hours of receiving your current financial statement we can get your IRS tax levy notice released or stopped and closure case off the IRS enforcement computer.
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.
We have been offering bank & wage tax levy assistance held since 1982.
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 and getting immediate bank levy releases.
How the process works of tax resolution works and bank levy releases work.
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.
IRS always sends out a final notice with taxpayers rights and the ability to file a collection due process hearing.
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. If your bank is received a tax levy notice it is because it has reported income information and bank information to the IRS.
The Internal Revenue Service will need to be contacted and the taxpayer will need to have certain information available. When you call our office we will explain the process to you.
IRS has a variety of options available depending on the type of tax debt that you owe.
Factors IRS takes into account to resolve your case and release a Back Tax Levy.
A couple of factors IRS take into account:
1. the dollar amount,
2. your prior compliance history, and ,
3. 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. you can find those standards on our website.
On the home page click on the IRS forms toolbar, once on the forms page, look for the IRS national standards.
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 Bank 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. We can file all your back tax returns.
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.
Please feel free to call us and get a second opinion if you need IRS tax levy assistance help.
Never Received a IRS Tax Levy Notice For Bank / Wage Garnishment = Levy Help Now
by Jim Magary | Mar 21, 2016 | Tax Help
If you have received an IRS tax levy notice and never received correspondence from IRS, call us today for free initial tax consultation. Since 1982. Fast Levy Relief!
The Internal Revenue Service sends out approximately 1.8 million IRS tax Levy notices which include bank levies and wage garnishments.
The Internal Revenue Service generally sends out five billing notices before it sends a general notice of an IRS tax levy.
The Internal Revenue Service sends its tax notices to the last address they have on the last file tax return.
Unfortunately many taxpayers do not get final notices from the Internal Revenue Service and are very surprised when they tax Levy notices shows up at a bank or work. as a general rule, within 24 hours of receiving your current financial statement we can get your IRS tax levy notice released or stopped and closure case off the IRS enforcement computer.
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.
We have been offering bank & wage tax levy assistance held since 1982.
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 and getting immediate bank levy releases.
How the process works of tax resolution works and bank levy releases work.
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.
IRS always sends out a final notice with taxpayers rights and the ability to file a collection due process hearing.
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. If your bank is received a tax levy notice it is because it has reported income information and bank information to the IRS.
The Internal Revenue Service will need to be contacted and the taxpayer will need to have certain information available. When you call our office we will explain the process to you.
IRS has a variety of options available depending on the type of tax debt that you owe.
Factors IRS takes into account to resolve your case and release a Back Tax Levy.
A couple of factors IRS take into account:
1. the dollar amount,
2. your prior compliance history, and ,
3. 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. you can find those standards on our website.
On the home page click on the IRS forms toolbar, once on the forms page, look for the IRS national standards.
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 Bank 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. We can file all your back tax returns.
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.
We have over 206 years of professional tax experience, 65 years of direct IRS work experience and resolved thousands of taxpayer issues since 1982.
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.
Please feel free to call us and get a second opinion if you need IRS tax levy assistance help.
We are the fast and affordable professional tax firm that has been resolving taxpayer debt since 1982. If you have never received an IRS tax levy notice call us today for fast, quick, and affordable tax representation.
Never Received a IRS Tax Levy Notice + Tax Levy Help & Affordable Representation
by Jim Magary | Mar 21, 2016 | Tax Help
Behind on Taxes, call former IRS agents, since 1982, the affordable IRS problem resolution firm.
We have over 65 years of direct experience as former IRS agents, managers and teaching instructors.
Not only were we former supervisors, we were on-the-job instructors that trained new IRS agents their jobs. We worked out of the local Fort Lauderdale and Miami IRS offices.
We know the system inside and out.
We know all the methodologies, settlement theories, protocols, and the most affordable and quickest ways to go ahead and fix your IRS problem.
When you want to fix an IRS problem there is nothing like having former IRS agent experience to get to the heart of the problem and resolve the problem is fast as possible.
If you have back IRS tax debt there are a variety of options that we can explore to go ahead and get the best case settlement on the back tax debt owed.
Generally, cases were back tax debt is owed IRS will require a financial statement to make a determination.
Those financial statements will be on 433 f that you can find on our website.
The key to success and financial statement is the preparation, the knowledge of what IRS is looking for and the documentation.
IRS will always require that financial statement to be documented and supported along with bank statements, copies of expenses and verification of income. IRS has a national and regional standard test for all expenses.
It is wise to know what the standards and know how IRS will review your case before contacting the Internal Revenue Service. As former IRS agents we can well predict ahead of time how IRS will work your case and put preventative measures in place so no harm is done.
As a general rule, wants IRS reviews your case and two options are available to most taxpayers.
IRS will review your case and put you into a currently non-collectibles status or hardship or a payment agreement.
Over 40% of all cases in which IRS deals with back tax debt wind up in this non-collectible status. The second option is that of a monthly installment payment.
Over 6.5 million taxpayers interest to monthly installment payments which are completely based on your individual financial statements.
If you have received a wage levy garnishment or a bank levy, within 24 hours of receiving your current financial statement we can get your levy or garnishment release and your case close with IRS.
Upon your initial call to us we will review your various options. The call is free and you have nothing to lose.
If you are going an IRS audit there is no one better to represent you that a former IRS agent who was a manager with the audit division.
Call us today for free initial tax consultation we will walk you through the process.
We can fix any IRS problem you have, since 1982 we have been resolving taxpayer issues and work thousands and thousands of cases. stop the worry a day and call true, honest, and affordable professional tax experts.
Behind on Taxes + Payments, Settlements, Affordable Options + Resolve Tax Debt NOW
by Jim Magary | Mar 21, 2016 | Tax Help
Call us today and stop an IRS wage garnishment NOW , since 1982, the affordable tax firm.
We can get immediate release of IRS wage garnishments. We can not only stop in IRS wage garnishment now we can also settle your case at the same time.
Call us for immediate assistance, since 1982, former IRS agents who know the system.
We are a full service tax firm that specializes in the immediate releases of IRS wage garnishments.
We are composed of former IRS agents, managers and teaching instructors who have over 65 years of direct IRS work experience.
We are the affordable professional tax firm that can get an IRS wage garnishment released and settle your case all at the same time.
As a general rule, the IRS sends a wage garnishment out because a taxpayer has not responded to the final notice is for seizure.
Tax Billing Notices
As a general rule, the Internal Revenue Service sends out five notices to taxpayers before they seize.
They are set up on five-week billing cycles. Many times taxpayers have never received the IRS final notice.
When you call our firm and retainer our firm you’ll never have to speak to the Internal Revenue Service.
As a general rule, within 24 hours of receiving your current documented financial statement we can provide for you wage garnishment assistance and provide a tax levy relief for you. We will also settle your case at the same time.
Settlements include having your case put into currently not collectible, making a monthly payment or settling your tax debt for pennies on a dollar.
Your current financial statement will determine the course of action we take.
Information about Wage Garnishments
The IRS generally uses Form 668–W(ICS) or 668-W(C)DO to levy an individual’s wages, salary (including fees, bonuses, commissions, and similar items) or other income.
Form 668-W(ICS) and/or 668-W(C)(DO) also provides notice of levy on a taxpayer’s benefit or retirement income.
The IRS generally uses Form 668–A(C)DO to levy other property that a third-party is holding. For example, this form is used to levy bank accounts and business receivables.
Employers generally have at least one full pay period after receiving a Form 668-W(ICS) or 668-W(C)DO, Notice of Levy on Wages, Salary and Other Income (or other levy form) before they are required to send any funds from their employee’s wages to the IRS.
Employers should encourage your employees that have a levy placed on their wages to contact the IRS as soon as possible to discuss a release of levy and resolution of their tax liability.
IRS Wage tax garnishments levies are continuous
The Internal Revenue Code allows for continuous levies with respect to wages, salaries and certain other types of property.
This means that a levy on wages and salaries continuously attached until it is released. The quicker you call IRS with the current financial statement the sooner you will get your IRS wage garnishment levy released.
Examples of property continuously attached include:
1. Salary and wages, and
2. Deferred compensation payments, such as retirement or pension income
Amount owed to IRS
Levy forms include a “Total Amount Due.” This amount is calculated through the date shown below the total amount due. Interest and any applicable penalties will continue to accrue after the date shown.
To get an updated payoff figure, the person who owes the tax liability will need to contact the IRS. This information cannot be released to the employer.
A continuous wage levy may last for some time.
When all the tax shown on the tax levy is paid in full, the IRS will issue a Form 668-D, Release of Levy/Release of Property from Levy.
The IRS may also release a levy if the taxpayer makes other arrangements to pay their tax debt.
IRS Wage levy garnishments exempt amount
In the case of a levy on wages, the employer will pay the employee any amounts exempt from levy. The IRS calculates the exempt amount based on the standard deduction and the number of personal exemptions the employee is allowed.
IRS Publication 1494 (PDF), which is mailed with the Form 668-W(ICS) or 668-W(C)DO, explains to the employer how to compute the amount exempt from levy.
A levy includes a Statement of Exemptions and Filing Status.
The employer gives this statement to the employee to complete and return within three days.
If the employer does not receive the statement in three days, the exempt amount is figured as if the person is married filing separately with one exemption.
The IRS will notify the employer when the taxpayer is not entitled to levy exemptions.
If a wage levy continues from one calendar year to the next, the employee may submit a new Statement of Exemptions and Filing Status and ask their employer to re-compute the exempt amount.
IRS Bank and other tax levies
When the levy is on a bank, credit union or similar account, the Internal Revenue Code provides for a 21-day waiting period before the bank must comply with the levy. T
he waiting period allows the taxpayer time to contact the IRS and arrange to pay the tax or notify the IRS of errors in the levy.
Generally, IRS levies are delivered via U.S. mail.
The date and time of delivery of the levy is the time when the levy is considered to have been made.
This means funds in the account are frozen as of the date and time the levy is received. Normally, the levy does not affect funds deposited to the account after the date of the levy.
If a release of levy from the IRS is not received within 21 days of receipt of the levy, funds in the account as of the date and time the levy was received must be sent to the IRS.
If you are in need of IRS wage garnishment assistance call us today for a free initial tax consultation.
We are A+ rated by the better business and have been in private practice since 1982.
How TO STOP IRS Wage Garnishment NOW + Former IRS + Garnishment Help
