by Jim Magary | Mar 21, 2016 | Tax Help
We are an affordable tax firm that can resolve any IRS problems, since 1982, A+ rated by the BBB. 1-866-700-1040
If you haven’t filed or paid your taxes since one, two, five, 10 tax year’s call us today and hear the truth on how we can immediately and permanently solve your IRS tax problem. we are true IRS experts.
We 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.
We have 206 years of professional tax experience and her true IRS tax experts.
If you have not filed back taxes and are going to owe back tax debt we can resolve your total tax problem all that one time.
We are a full-service firm with an expertise and specialty in those who will back tax debt and those needing to file back taxes.
The process is very simple.
Upon a client retaining our services we immediately file a power of attorney so you will never have to speak to Internal Revenue Service.
Next we pull a IRS tax transcript to find out a summary that IRS has on your case. We will pull a tax transcripts to make sure the tax that IRS’s saying you owe is accurate and correct.
If you have not filed back tax returns we will pull IRS income transcripts and prepare your return based on IRS records.
If you OWE back tax debt
If you will back tax debt because you haven’t paid your back taxes, IRS will require a current financial statement.
That financial statement will be on form 433F. That financial statement is a two-page form and will need to be fully documented. With that in hand, we send IRS your financial statement along with documentation and the IRS is a general rule will reach one of two conclusions.
IRS will either place you either into an:
1. uncollectible file or,
2. ask you for a monthly payment agreement.
Both of these closing strategies are only temporary and a long-term exit strategy will be necessary.
Some taxpayers have the option of filing for an offer in compromise if they are qualified candidates.
Upon our free consultation we will completely review with you and exit strategy on how to fully resolve your tax problems.
If you haven’t paid taxes since………. however many of years, call us today and hear the truth about your case.
Just as a matter of record, the IRS provisions include the filing of the last six years only.
We are the affordable tax firm, since 1982, we are A+ rated by the Better Business Bureau.
All our work is done in-house by true IRS tax experts.
Haven’t Filed Taxes Since + Affordable Former IRS Call Fully Resolve
by Jim Magary | Mar 21, 2016 | Tax Help
We are an affordable tax firm that can resolve any IRS problems, since 1982 A+ rated by the BBB. We have solutions!
If you haven’t paid your taxes since one, two, five, 10 tax year’s call us today and hear the truth on how we can immediately and permanently solve your IRS tax problem.
If you have not filed back taxes and are going to owe back tax debt we can resolve your total tax problem all that one time.
We are a full-service firm with an expertise and specialty in those who will back tax debt and those needing to file back taxes.
The process is very simple.
Upon a client retaining our services we immediately file a power of attorney so you will never have to speak to Internal Revenue Service.
Next we pull a IRS tax transcript to find out a summary that IRS has on your case. We will pull a tax transcripts to make sure the tax that IRS’s saying you owe is accurate and correct.
If you have not filed back tax returns we will pull IRS income transcripts and prepare your return based on IRS records.
If you OWE back tax debt
If you will back tax debt because you haven’t paid your back taxes, IRS will require a current financial statement.
That financial statement will be on form 433F. That financial statement is a two-page form and will need to be fully documented. With that in hand, we send IRS your financial statement along with documentation and the IRS is a general rule will reach one of two conclusions.
IRS will either place you either into an:
1. uncollectible file or,
2. ask you for a monthly payment agreement.
Both of these closing strategies are only temporary and a long-term exit strategy will be necessary.
Some taxpayers have the option of filing for an offer in compromise if they are qualified candidates.
Upon our free consultation we will completely review with you and exit strategy on how to fully resolve your tax problems.
If you haven’t paid taxes since………. however many of years, call us today and hear the truth about your case.
We are the affordable tax firm, since 1982, we are A+ rated by the Better Business Bureau.
Haven’t Paid Taxes Since + Get Tax Problem Fully Resolved, Former IRS
by Jim Magary | Mar 15, 2016 | Tax Help
We are Affordable professional tax firm that can get your money back from an IRS tax levy immediately. Since 1982, we are A+ rated by the BBB.
We can guarantee fast because we know the system.
We have over 206 years of professional tax experience and have dealt directly in this vertical since 1982. we have thousands of satisfied clients throughout the years.
We are the affordable professional firm that knows the system inside and out.
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 used to get an IRS tax levy released, whether it be a bank levy or wage garnishment levy.
Do not be bullied by Internal Revenue Service. You have rights and we will use those rights in your favor.
Being former IRS agents we know the system and can get immediate results. Not only were we former IRS agents and teaching instructors we also taught new IRS agents or jobs.
We understand all the systems, formulas, and all the protocols to get an immediate relief of a IRS tax levy. Knowing the system makes this a streamlined process and is able to get faster and quicker tax relief.
Not only can we stop and release 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.
To get your levy released we call IRS with the documented financial statement and settle on a disposition of the case and IRS at that time will fax or mail out the release while on the phone.
Generally, we can do this with a couple of days. Many times we can release them the same day we get the financial statement.
If you’ve already received the tax levy as a general rule, within 24 to 48 hours of receiving your current financial statement we can get your levy released.
You will never speak to Internal Revenue Service. Get a Fast Release of a Tax Levy Today.
How IRS will close your case off the IRS Enforcement Computer, CADE2 computer system.
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, this is also called hardship status.
2. ask you for a monthly payment agreement or and installment agreement,
3. you could submit an offer in compromise if you are a qualified and suitable candidate. When you call us on the phone we will go over the offer in compromise program with you.
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 or Garnishment
A levy is a legal seizure of your property to satisfy a tax debt.
Levies are different from liens. often taxpayers get them confused.
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. Basically, tax levy is a seizure.
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. You should know IRS does not like to levy but they have no choice. When taxpayers fail to respond to final notices the IRS manuals requires them to send a wage or bank levy garnishment out.
IRS levies approximately 2,000,000 persons each and every year.
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). A simple phone call the IRS will stop the process.
Call us today and hear the truth about your case. We can get your money back fast.
IRS Tax Levy, + Get Your Money Back From IRS Now, + Former IRS,
by Jim Magary | Mar 15, 2016 | Tax Help
We can get immediate release of IRS paycheck wage garnishments. Since 1982, former IRS agents who know the system. FAST AFFORDABLE! We have solutions to resolve NOW!
We are a full service tax firm that specializes in the immediate releases of IRS paycheck 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 a paycheck wage garnishment released and settle your case all at the same time.
As a general rule, the IRS sends a paycheck wage garnishment out because a taxpayer has not responded to the final notice is for seizure.
As a general rule, the Internal Revenue Service sends out five notices to taxpayers before they seize. the paycheck levy is the quickest and fastest way for the Internal Revenue Service to get your attention. IRS collects billions of dollars a year by the use of its bank levy and wage garnishment or paycheck system.
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 paycheck 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. the tax statistics show that 40% of all people that owe back taxes are placed in currently not collectible or hardship, 6.5 million people are placed into payment agreements, and close to 40,000 people have their cases settle to the offer in compromise program. Your current financial statement fully documented will determine this course of action. The preparation of your financial statements key to any and all settlements.
Information about Paycheck 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 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 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 Paycheck 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 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.
IRS Wage Garnishments + Paycheck Levy Solutions + Resolve IRS Tax Issues
by Jim Magary | Mar 15, 2016 | Tax Help
FAST TAX LEVY RELEASES : We are Affordable professional tax firm that can stop an IRS tax levy immediately. Since 1982, we are A+ rated by the BBB.
Get a FAST Tax Levy Released by Former IRS Agents that know the System.We can guarantee fast because we know the system. We have over 206 years of professional tax experience and have dealt directly in this vertical since 1982.
We are the affordable professional firm that knows the system inside and out.
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 used to get an IRS tax levy released, whether it be a bank levy or wage garnishment levy.
Being former IRS agents we know the system and can get immediate results. Not only were we former IRS agents and teaching instructors we also taught new IRS agents or jobs.
We understand all the systems, formulas, and all the protocols to get an immediate relief of a IRS tax levy. Knowing the system makes this a streamlined process and is able to get faster and quicker tax relief.
Not only can we stop and release 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.
To get your levy released we call IRS with the documented financial statement and settle on a disposition of the case and IRS at that time will fax or mail out the release while on the phone.
Generally, we can do this with a couple of days. Many times we can release them the same day we get the financial statement.
If you’ve already received the tax levy as a general rule, within 24 to 48 hours of receiving your current financial statement we can get your levy released.
You will never speak to Internal Revenue Service. Get a Fast Release of a Tax Levy Today.
How IRS will close your case off the IRS Enforcement Computer
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, this is also called hardship status.
2. ask you for a monthly payment agreement or and installment agreement,
3. you could submit an offer in compromise if you are a qualified and suitable candidate. When you call us on the phone we will go over the offer in compromise program with you.
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.
Levies are different from liens. often taxpayers get them confused.
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. Basically, tax levy is a seizure.
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).
Call us today and hear the truth about your case. We are true tax experts that can get you fast tax relief on tax levies.
Fast Way To Get IRS Tax Levy Released + Former IRS + Know the System
by Jim Magary | Mar 15, 2016 | Tax Help
We can get immediate release of IRS paycheck wage garnishments. Since 1982, former IRS agents who know the system. FAST AFFORDABLE!
We are a full service tax firm that specializes in the immediate releases of IRS paycheck 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 a paycheck wage garnishment released and settle your case all at the same time.
As a general rule, the IRS sends a paycheck wage garnishment out because a taxpayer has not responded to the final notice is for seizure.
As a general rule, the Internal Revenue Service sends out five notices to taxpayers before they seize. the paycheck levy is the quickest and fastest way for the Internal Revenue Service to get your attention. It collects billions of dollars a year by the use of its bank levy and wage garnishment or paycheck system. This is the largest collection tool that IRS uses.
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 paycheck 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 Paycheck 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 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 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 Paycheck 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 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.
IRS Paycheck Garnishment Levy + Experts, Get Your Money Back Today + Former IRS
