by Jim Magary | Feb 9, 2016 | Tax Help
As former IRS agents we know how immediately to stop the IRS. Since 1982 we are the affordable specialty tax firm for IRS Levy matters. Christian Tax Help Services <><
We can Stop IRS today, guaranteed! Call us and hear the truth!
Proverbs 12:15
The way of a fool is right in his own eyes, But a wise man is he who listens to counsel.
Proverbs 11:14
Where there is no guidance the people fall, But in abundance of counselors there is victory.
We have over 206 years of professional tax experience amd over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
As former IRS agents we have issued hundreds and hundreds of final notices of intent to levy to many taxpayers, businesses, corporations and all type of entities that owe money to the IRS.
There’s a very specific process to stop the Internal Revenue Service if they have issued you a final notice of intent to levy.
You must know that they mean business. All final notices of intent to levy are systemically generated from the IRS CADE2 computer system. Not a human hand touches those levies. They are spit out of the computer system day after day, hour after hour, minute after minute.
IRS generated approximately 1.9 million tax levies every year.
IRS has the ability to levy your wages, your bank account or seize any funds where they think you have your assets.
The key to stopping the final notice of intent to levy is immediately to contact the IRS.
As a general rule you can stop the Internal Revenue Service final notice of intent in one day.
Our firm simply files a power of attorney, calls the Internal Revenue Service and gets a hold of freeze put on your account until we can work out an effective tax settlements.
In almost all cases once IRS has a valid power of attorney and knows that you are trying to work with the Internal Revenue Service, they will put a hold or freeze on your account and give you a due date that they will expect follow-up documentation.
Call us today for a free initial tax consultation and we will walk you through the process. stop the worry in the anxiety.
As soon as we file a power of attorney you will never have to speak to IRS and we can work out a tax settlement out on your behalf.
As a general rule, the Internal Revenue Service will want a current financial statement that will need to be fully documented. It usually is on form 433F. you can find that on our website.
IRS will generally close your case in one of two ways.
The Internal Revenue Service will either place you went to a:
1. tax hardship,
2. a monthly payment agreement.
Your documented current financial statement is one of the main determining criteria on how IRS will close or settle your case.
Other taxpayers may find themselves eligible to settle their tax debt for pennies on the dollar through the offer in compromise program.
There is a pre-qualifier tool that you can walk to find out if you are a suitable candidate for this program.
When you call our office and have a brief conversation with this we will let you know if you can settle your case for pennies on a dollar.
Being former IRS agents and managers we know every system in every methodology to get you the very best results on your case. We will review your case and find out if we can abate penalties and interest as well.
We are a full service firm with all work being done in-house.
Please also be advised the Internal Revenue Service are going to want all back tax returns filed and that you are full compliance in filing.
STOP IRS Intent To Levy, Release IRS Tax Lien + Christian Tax Help Services + IRS Tax Consultants + Since 1982
by Jim Magary | Feb 9, 2016 | Tax Help
We are comprised of AFFORDABLE Christian former IRS agents and managers who know the system. We can get immediate releases of tax levies and wage garnishments. Since 1982 <><
Proverbs 12:15
The way of a fool is right in his own eyes, But a wise man is he who listens to counsel.
Proverbs 11:14
Where there is no guidance the people fall, But in abundance of counselors there is victory.
We have worked in the system for over 65 years and understand the protocols and the internal revenue manual’s to get your levy released in your case closed with IRS.
We have worked out of the local, district, and regional tax offices of the Internal Revenue Service.
We are an affordable specialty firm that is specifically designed to resolve IRS problems of any kind.
We have over 206 years of professional tax experience, and we are A+ rated by the Better Business Bureau.
Feel free to call us for a free initial tax consultation, it will cost you nothing but you will learn how to get the release of an IRS bank levy or wage garnishment levy.
There are certain standards and criteria you need to know about getting a levy released and your case settled with Internal Revenue Service.
You can call us today for a free initial tax consultation and we can walk you through the process of obtaining a levy released and getting your case settled at the same time.Hear the truth from christian tax consultants.
Within 24 hours of receiving your current financial statement we can get an IRS Tax Levy, Bank Levy, Wage Garnishment levy released and your case settled with the IRS.
Because of our years of experience working at Internal Revenue Service we know the system to get immediate releases of an IRS tax levy, IRS bank levy or IRS wage garnishment.
As a general rule, if taxpayers do not respond to final notice is sent by IRS, the Internal Revenue Service is required to send out a tax levy.
It is important to respond to all IRS request by mail. the IRS uses a very systematic way in dealing with people who owe back taxes. The IRS collection computer system is the largest system in the world and responsible for collecting billions of dollars from taxpayers. I know the system well I personally have been involved in the system for 40 years.
As a general rule, IRS sends out close to 1.9 million tax levies each year and sends out approximately 800,000 federal tax liens.
There is a difference be between an IRS federal tax levy in the federal tax lien.
A federal tax levy is a seizure a federal tax lien is a document to get placed at your courthouse in the area in which you reside.
To get your IRS tax levy or wage garnishment released it will be necessary for you to give IRS a current documented financial statement along with making sure all your tax returns are filed in on IRS’s computer system.
It will be necessary for you to fully complete an IRS form 433F (an IRS financial statement) that you can find on our website along with supplying IRS with bank statements, pay stubs and copy of all monthly expenses.
When you call our office we were thoroughly review your case, give you a free tax assessment and let you know the necessary steps to completely remove your IRS problem including releasing an IRS tax levy, or wage levy garnishment and settling your case all at the same time.
We will also talk to you about the settling of your case with the offer in compromise program specifically the new fresh start initiative. If you are qualified candidate for the offer in compromise program you can settle your case for pennies on the dollar.
Last year over 38,000 taxpayers settled her debt to the offer in compromise program for average of $6500 per settlement. Please keep in mind this is the national average and your settlement if you are qualified is completely dependent on your current and verifiable financial statement.
The new fresh start initiative has helped taxpayers settle their debt through the offering compromise program.
Please keep in mind if you have unfiled or back to tax returns, the IRS has the option of not releasing a federal tax levy because you are not in full compliance with tax laws.
Back Tax Returns
We can prepare any and all back tax returns with little or no records.
We can prepare your back tax returns within a matter of days using reconstructive methods that were lowered at the Internal Revenue Service and make sure you pay the lowest amount allowed by law if the failure compliance objectives with the Internal Revenue Service.
We are affordable tax experts for the reconstruction of tax returns.
As a side note if you have experience in IRS tax audit we can provide the best possible defense.
If you have any other issues are tax matters problems call us today and speak to true IRS tax professionals who know the system.
We are the friendly, affordable and experienced professional tax team practicing since 1982. When you call our office you will speak to a true tax expert.
Levy From IRS + Fast IRS Tax Levy Relief & Wage Garnishment Releases + Christian Tax Help Services
by Jim Magary | Feb 9, 2016 | Tax Help
Christian Tax Services, Since 1982.<><
We are composed of former IRS agents and managers who have over 65 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
Proverbs 11:14 <><
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
Proverbs 19:20-21 <><
Listen to advice and accept instruction, that you may gain wisdom in the future.
We are affordable tax experts for those who need help to resolve their tax debt including options for the need of a payment plan.
There are various ways of paying back taxes owed to the Internal Revenue Service and most are dependent on your current financial statement or state of affairs.
Sometimes you have other options than making payment plans with the IRS. It is best to know all your options before you make a concrete decision.
Many times taxpayers who need payment plans may find themselves in a hardship situation cannot afford to pay but because of their fear of Internal Revenue Service they may think that is the only option other taxpayers may want to learn that they can settle their tax debt for pennies on the dollar.
You may be a qualified candidate through the offer in compromise program. Read more below.
In most cases in which a client has not paid back taxes there are several options available after the taxpayer completes a current financial statement on form 433F.
That financial statement must be completely documented along with bank statements, pay stubs, copy of all expenses and receipts matching those expenses.
Once IRS reviews your current financial statement IRS will apply the national standard tests of allowable expenses that the Service feels necessary in certain regions and counties in the United States.
IRS will use those standards and determine the type settlement that will be applicable in your situation. We can explain these standards when you speak to us.
The different settlement options to pay or deal with back taxes.
1. After review of your current financial statement, IRS may deem you to be in a currently not collectible status, this means the Internal Revenue Service will suspend your case for two or three years and bring it back out to the field at a later point in time in which they will rework the case and asked for a new financial statement.
2. IRS may determine that you are a monthly installment candidate.
Over 6.5 million taxpayers enter into monthly installment payments each and every year and believe it or not at least a third of those taxpayers who enter into those agreements break them.
3. The other options include filing offer in compromise to settle your tax debt.
The offer in compromise is a long process and a very specific process. Your greatest chance of acceptance if you are a qualified candidate is through a true tax professional company knows the system and are well experienced in the process.
As a former IRS agent and teaching instructor I taught new IRS agents this program.
You should know there is an IRS pre-qualifier tool for those wanting to file an offer in compromise.
The Offer in Compromise Option
If you want to settle your back taxes, IRS will require a current financial statement along with full documentation.
IRS will require form 433OIC and form 656OIC to be fully documented and complete before the submission of an offer in compromise.
Select a payment option for IRS Debt Settlements
Your initial payment will vary based on your offer and the payment option you choose:
• The IRS Lump Sum Cash:
Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
• The IRS Periodic Payment:
Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer.
If accepted, continue to pay monthly until it is paid in full.
If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer. See your application package for details.
Understand the OIC process to IRS Tax Debt Settlement
While your offer is being evaluated:
• Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);
• A Notice of Federal Tax Lien may be filed;
• Other collection activities are suspended;
• The legal assessment and collection period is extended;
• Make all required payments associated with your offer;
• You are not required to make payments on an existing installment agreement; and
• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
You Must have all tax returns filed before IRS will consider you settling your tax debt with an offer in compromise.
Important : We can prepare all back tax returns with little or no records.
Call us today for a free initial tax consultation and hear the truth about your case and will explain all the option for taxes owed.
When you call our office you will speak to a true Christian professional who can help you both understand and bring you to a proper state of resolution so you do not need to worry and be free of any IRS consequences.
Owe IRS Taxes & Need Payment Plans + Affordable Settlement Options + Christian Tax Help
by Jim Magary | Feb 9, 2016 | Tax Help
Christian Tax Services + If you need help the file back taxes who better than AFFORDABLE former IRS agents and managers who know the system. <><
We can help audit proof your tax returns. We have over 65 years of combined former IRS agent experience. We worked in the local, district, and regional tax offices of the Internal Revenue Service.
We know the system inside and out. We understand all the settlement there is, the methodologies in the exact process how we can prepare your back tax returns with little or no records.
We have worked both in the collection, audit, appeals, and teaching instructors position.
Proverbs 11:14 <><
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
Proverbs 19:20-21 <><
Listen to advice and accept instruction, that you may gain wisdom in the future.
We are true Christian tax experts for those who need help to file their back taxes.
If you have one year or multiple years or have never filed a tax return contact us today and we will give you a free initial tax consultation and walk you through the process to help file your back tax returns.
We want to make sure you understand the system and the process And understand how we can help waterproof your tax return
Return Filing For W-2 Wage Earners
Many taxpayers are W-2 wage earners and have withholding taken out of their checks.
If this is the case, you may have missed years of refunds and valuable Social Security credit when retirement time comes. IRS will allow refunds of no more than three years.
If this is the case, we can simply pull IRS transcripts and prepare your back tax returns through the IRS income transcript process. IRS keeps income and wage records on each taxpayer for six years and tax reconstruction to prepare your back years can be done simply.
Tax Returns Filing For Self Employed taxpayers
Since we have prepared thousands of tax returns over the years and are former IRS agents and managers, tax reconstruction for self-employed persons is not a problem.
As a general rule there are national, regional standards that could be applied and ratios can be determined given the industry.
Many taxpayers who have not filed back years are self-employed and are missing records. Not to worry our reconstruction process is second to none and we can file is accurate returns as anybody in the business.
Tax Returns Filing Lost all records to file back taxes, no problem for us.
We can file any tax return whether a client or taxpayers has back tax records or not.
Part of tax reconstruction strategies are to review of bank statements, review of cost-of-living analysis, assets, and exploring IRS transcripts in which IRS keeps W-2s and 1099s on file for the last six years.
There is always a way to reconstruct your tax returns. There are very definitive lists that we hand clients to aid in this processing cannot be worried.
IRS Can File Your Tax Return, Be Careful, yes they can!
While this may seem not a bad idea to get free tax help, the Internal Revenue Service will assure you will pay the highest amount allowed by law.
IRS can prepare your tax return under 6020 B of the Internal Revenue Code they will give you absolutely no extra deductions or business expense.
It is critical you file your own tax return to make sure you are paying the lowest amount allowed by law.
Applicable Code Section below
IRC 6020(a)
1. If the taxpayer will consent to disclose all information necessary for the preparation of the return(s), IRC 6020(a) states, “… the Secretary may prepare such return, which, being signed by such person, may be received by the Secretary as the return of such person.”
This does not include the taxpayer signing a waiver of restriction on assessment (e.g., Form 4549, Income Tax Examination Changes, or Form 870, Waiver of Restrictions on Assessment & Collection of Deficiency in Tax & Acceptance of Overassessment,) which does not constitute a return under IRC 6020(a).
2. Delinquency penalties are applicable.
IRC 6020(b)
1. IRC 6020(b) states, “If any person fails to make any return required by any Internal Revenue Law or regulation made there under at the time prescribed therefore, or makes, willfully or otherwise, a false or fraudulent return, the Secretary shall make such return from his own knowledge and from such information as he can obtain through testimony or otherwise.”
A. IRC 6020(b)(2) states, “Any return so made and subscribed by the Secretary shall be prima facie good and sufficient for all legal purposes.”
What happens if you will Owe Back Taxes.
You have options so don’t freak out. Millions of taxpayers do not pay back taxes.
The latest figures show 40% of all taxpayers who owe back taxes are placed in a non-collectible file, 6.5 million enter into monthly installment agreements and 38,000 taxpayers have their debt settle for the offer in compromise your tax debt settlement program.
If you will owe back taxes are several options available to you.
The first step in the process to know is we may be able to get an online payment. there are certain criteria for this and when you call us we will review this criteria.
For certain dollars owed in back taxes, IRS may require a 433F financial statement.
That financial statement will need to be documented with bank statements and copies of monthly expenses.
Once IRS reviews the financial documents they close their case out and usually one of two ways.
The Internal Revenue Service will entertain :
1. payment agreement based on your current monthly income and expenses or,
2. the IRS will see that you are going through her current hardship and put the case in a non-collectible or hardship file.
Those cases in hardship will stay there for 2 to 3 years and reactivate themselves back out to the field for a secondary review.
During the time that you’re in a hardship you MUST file all your tax returns currently and make sure all taxes are paid in full.
The IRS Offer in Compromise Program/Tax Debt Settlements
If you wish to settle your tax debt for pennies on the dollar it is necessary to submit an offer in compromise.
Before filling out any offer in compromise I ask all taxpayers to walk to the IRS pre-qualify or tool to make sure they are a suitable candidate.
Selecting a IRS payment option for the OIC
Your initial payment will vary based on your offer and the payment option you choose:
1. Lump Sum Cash:
Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
2. Periodic Payment:
Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer.
If accepted, continue to pay monthly until it is paid in full.
If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer. See your application package for details.
Understand the IRS OIC process
While your offer is being evaluated:
• Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);
• A Notice of Federal Tax Lien may be filed;
• Other collection activities are suspended;
• The legal assessment and collection period is extended;
• Make all required payments associated with your offer;
• You are not required to make payments on an existing installment agreement; and
• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
When you call our office we will let you know if you are a suitable candidate for the OIC and we can let you know the lowest amount of law that IRS will accept on your case.
Call us today for a free initial tax consultation and hear the truth from true Christian IRS tax experts.
by Jim Magary | Feb 8, 2016 | Tax Help
If you need help the file back taxes who better than AFFORDABLE former IRS agents and managers who know the system. A Christian Tax Firm <><
We have over 65 years of combined former IRS agent experience. We worked in the local, district, and regional tax offices of the Internal Revenue Service.
We are a full service tax firm composed of tax attorneys, tax lawyers, certified public accountants, and former IRS agents, managers and tax instructors.
We are a biblical-based tax practice. Please when you call feel free to ask us about our faith.
Proverbs 11:14 <><
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
Proverbs 19:20-21 <><
Listen to advice and accept instruction, that you may gain wisdom in the future.
We have worked both in the collection, audit, appeals, and teaching instructor position.
We are true experts for those who need help to file their back taxes.
If you have one year or multiple years or have never filed a tax return contact us today and we will give you a free initial tax consultation and walk you through the process to help file your back tax returns.
W-2 Wage Earners
Many taxpayers are W-2 wage earners and have withholding taken out of their checks.
If this is the case, you may have missed years of refunds and valuable Social Security credit when retirement time comes. IRS will allow refunds of no more than three years.
If this is the case, we can simply pull IRS transcripts and prepare your back tax returns through the IRS income transcript process. IRS keeps income and wage records on each taxpayer for six years and tax reconstruction to prepare your back years can be done simply.
Self Employed
Since we have prepared thousands of tax returns over the years and are former IRS agents and managers, tax reconstruction for self-employed persons is not a problem.
As a general rule there are national, regional standards that could be applied and ratios can be determined given the industry.
Many taxpayers who have not filed back years are self-employed and are missing records.
Not to worry our reconstruction process is second to none and we can file is accurate returns as anybody in the business.
Lost all records to file back taxes.
We can file any tax return whether a client or taxpayers has back tax records or not.
Part of tax reconstruction strategies are to review of bank statements, review of cost-of-living analysis, assets, and exploring IRS transcripts in which IRS keeps W-2s and 1099s on file for the last six years.
There is always a way to reconstruct your tax returns.
IRS Can File Your Tax Return, be Careful
While this may seem not a bad idea to get free tax help, the Internal Revenue Service will assure you will pay the highest amount allowed by law.
IRS can prepare your tax return under 6020 B of the Internal Revenue Code they will give you absolutely no extra deductions or business expense.
It is critical you file your own tax return to make sure you are paying the lowest amount allowed by law.
Applicable Code Section below
IRC 6020(a)
1. If the taxpayer will consent to disclose all information necessary for the preparation of the return(s), IRC 6020(a) states, “… the Secretary may prepare such return, which, being signed by such person, may be received by the Secretary as the return of such person.”
This does not include the taxpayer signing a waiver of restriction on assessment (e.g., Form 4549, Income Tax Examination Changes, or Form 870, Waiver of Restrictions on Assessment & Collection of Deficiency in Tax & Acceptance of Overassessment,) which does not constitute a return under IRC 6020(a).
2. Delinquency penalties are applicable.
IRC 6020(b)
1. IRC 6020(b) states, “If any person fails to make any return required by any Internal Revenue Law or regulation made there under at the time prescribed therefore, or makes, willfully or otherwise, a false or fraudulent return, the Secretary shall make such return from his own knowledge and from such information as he can obtain through testimony or otherwise.”
A. IRC 6020(b)(2) states, “Any return so made and subscribed by the Secretary shall be prima facie good and sufficient for all legal purposes.”
B. This is an SFR.
What happens if you will Owe Back Taxes.
You have options so don’t freak out.
Millions of taxpayers do not pay back taxes.
The latest figures show 40% of all taxpayers who owe back taxes are placed in a non-collectible file, 6.5 million enter into monthly installment agreements and 38,000 taxpayers have their debt settle for the offer in compromise your tax debt settlement program.
If you will owe back taxes are several options available to you.
The first step in the process to know is we may be able to get an online payment. there are certain criteria for this and when you call us we will review this criteria.
For certain dollars owed in back taxes, IRS may require a 433F financial statement.
That financial statement will need to be documented with bank statements and copies of monthly expenses.
Once IRS reviews the financial documents they close their case out and usually one of two ways.
The Internal Revenue Service will entertain :
1. payment agreement based on your current monthly income and expenses or,
2. the IRS will see that you are going through her current hardship and put the case in a non-collectible or hardship file. Those cases in hardship will stay there for 2 to 3 years and reactivate themselves back out to the field for a secondary review. During the time that you’re in a hardship you MUST file all your tax returns currently and make sure all taxes are paid in full.
The Offer in Compromise Program/Tax Debt Settlements
If you wish to settle your tax debt for pennies on the dollar it is necessary to submit an offer in compromise.
Before filling out any offer in compromise I ask all taxpayers to walk to the IRS pre-qualify or tool to make sure they are a suitable candidate.
Selecting a IRS payment option for the OIC
Your initial payment will vary based on your offer and the payment option you choose:
1. Lump Sum Cash:
Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
2. Periodic Payment:
Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.
If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer. See your application package for details.
Understand the OIC process
While your offer is being evaluated:
• Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);
• A Notice of Federal Tax Lien may be filed;
• Other collection activities are suspended;
• The legal assessment and collection period is extended;
• Make all required payments associated with your offer;
• You are not required to make payments on an existing installment agreement; and
• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
When you call our office we will let you know if you are a suitable candidate for the OIC and we can let you know the lowest amount of law that IRS will accept on your case.
Call us today for a free initial tax consultation and hear the truth from true IRS tax experts.
Need Help File Back Taxes & Settle IRS Tax Debt + Christian Tax Firm + Tax Attorneys, Tax Lawyers, CPA’s, Former IRS
by Jim Magary | Feb 8, 2016 | Tax Help
We can get your IRS tax levy, wage garnishment levy released within a 24-hour period of time and close your case at the same time. A plus Rated Christian Tax Company BBB.<><
Proverbs 11:14 <><
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
Proverbs 19:20-21 <><
Listen to advice and accept instruction, that you may gain wisdom in the future.
We are the affordable Christian professional tax firm that knows the system.
As former IRS agents and managers we know the system.
We have a combined 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service and know exactly how to settle your case with the Internal Revenue Service.
Let our knowledge and years of experience work for you. we are one of the premier tax companies for resolving IRS tax debt including bank and wage garnishment levies.
If you are in receipt of an IRS tax levy, wage levy or bank levy garnishment contact us today and we can get your tax levy released in your case closed all at the same time for the same fee.
Within 24 hours of receiving your fully documented financial statement we guarantee that you will have a release of your IRS bank levy or wage garnishment levy.
We will speak with you about settling your tax debt to the offer in compromise program. Our firm will not submit an offer in compromise until we walked through the offer in compromise pre-qualifier tool to make sure that you can settle your tax debt for pennies on dollar.
You should not give your money to any firm to file an offer in compromise unless they walked to this program with you.
As a revenue officer I both work this program was a teaching instructor for the tax debt settlement program. I’m a true IRS tax expert for the offer in compromise.
The Internal Revenue Service accepted 38,000 offers in compromise last year for average of $6500 per settlement. Last year there were 78,000 offers in compromise filed. Please keep in mind this is a national average.
Taxpayers should be aware that there is a pre-qualifier tool for the offer in compromise program. I suggest everyone the walk through this particular tool given by Internal Revenue Service to find out for a qualified candidate
IRS Tax Levies + IRS Tax Levy+ IRS Wage Garnishment Releases
The IRS filed 1.8 million the bank and wage garnishment levies last year. So if you received a bank or wage garnishment levy you are not alone.
Before IRS will release a tax levy, a wage garnishment or bank seizure, Internal Revenue Service will need a current documented financial statement. IRS’s very systematic and how they were cases when levies are issued.
If your case is in the automatic collection system you will be filling out and documenting form 433F which you can find directly on our website. It is the only form the Internal Revenue Service will use.
When calling our office we will complete the form, speak to the Internal Revenue Service and within 24 hours of having your fully documented financial statement we can get your IRS tax levy released.
If the cases are in the local IRS office form 433 a will be required and a much more detailed investigation will be made on your current financial statement.
If this is the case a revenue officer out of the local office will be looking at your case. The revenue officer will look at your case more in-depth than the ACS unit.
The filling out of your financial statement is critical into the settlement of your case. using former IRS agents and managers will give you a tremendous advantage.
With that current financial statement you will need to provide IRS the last three months of your bank statements, copies of your pay stubs and your monthly expenses.
IRS does a thorough review of your financial statement therefore you want to make sure you are both honest and accurate.
IRS reserves the right to track credit report records to make sure your financial statement is correct. The Internal Revenue Service does a fair amount of due diligence when they work all cases.
As a general rule IRS will not release your levy until all your tax returns are filed. We can prepare all your back tax returns with little or no records. We are tax experts for reconstruction.
Internal Revenue Service usually closes your case off the enforcement two general ways:
Based on your current financial statement, IRS will put you in a:
1.currently uncollectible file or,
2. put you in a payment agreement.
Over 40% of collection cases wind up in a current tax hardship and 6.5 million other taxpayers are put into monthly installment payment plans.
It is important you file all back tax returns if not the IRS can file for you under 6020 B of the Internal Revenue Code and they will make sure you get no deductions.
IRS will not give any non-filer any deductions or exemptions that they prepare under 6020B.
IRS may fail to release an IRS tax levy wage garnishment or bank levy because taxpayers have failed to file back tax returns.
After the review of your IRS financial statement we can let you know whether you are a possible debt settlement candidate for the offer in compromise program.
One last note of interest, it is very critical all taxpayers respond to all IRS notices because IRS intends to follow-up on all the dates given on each and every notice sent.
Also be aware that IRS billing cycles are five weeks apart.
Call for free initial tax consultation and hear the truth we are the affordable professional Christian tax firm.
We will go over the offer in compromise program to see if you can settle your debt for pennies on the dollar.
Christian Tax Company + Remove IRS Tax Levy NOW + Bank & Wage Garnishments + Settle Tax Debt For Less + Former IRS
