by Fresh Start Tax | Nov 16, 2015 | Tax Help
If you need to File Back or Delinquent tax returns call us today and get back into the system worry free. AFFORDABLE
As former IRS agents and managers we know the exact way to make this a seamless and easy process for you.
With or without tax records we can file your back tax returns, if you’re going to owe back taxes we can work out a tax settlement for you so there are no excuses for you not to pick up the phone call us and get this problem taken care of once and for all.
We have over 206 years of professional tax experience, over 65 years of working directly for Internal Revenue Service and have been in private practice since 1982.
Does IRS Know I Haven’t Filed Back Tax Returns?
The fact is, they already know you have not filed your tax returns and because of heavy inventories they have not had time to work your case. Besides that, millions of taxpayers don’t file their annual tax returns.
But IRS will at some time knock on your door or send you a letter.
The letter will be the CP59.
As a former IRS agent and teaching instructor I have worked hundreds if not thousands of cases both as a former agent and being in private practice.
How many Back Years Should I File?
You’ll hear advice from all sorts of tax professionals on the issue of “how far back should I file my on file for back tax years.”
The good news is, as a general rule you do not have to go back that far.
As a matter of fact IRS has a policy statement regarding delinquent tax returns.
1.2.14.1.18 (08-04-2006)
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of wilfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Many times we file only 3 back years.
Enforcement beyond such period will not be undertaken without prior managerial approval.
Also, if delinquency procedures are not to be enforced for the full six year period of delinquency, prior managerial approval must be secured.
Managers are reluctant to require more back tax returns unless there is an obvious ability to pay the back tax.
Some Bad News
The bad news is many taxpayers who had withholding taken out have lost a refund checks. You can file and claim refunds however for the last three years.
Also if you not filed your W-2s and tax returns you can lose valuable Social Security credit.
What happens if you have lost your tax records
If you have back tax returns to prepare IRS has income transcripts available to prepare your tax returns. The IRS keeps all back W-2s and 1099’s on record for the past seven years.
For those of you who need to file back tax returns you can simply call us and we can help reconstruct your tax returns from little or no records.
As former IRS agents we have learned to prepare tax returns under reconstructive methods.
Why does IRS only do back 6 years?
The answer is very simple, manpower. by next year the entire IRS workforce will be cut down by one third due to attrition and budget cuts. That does not mean IRS is not going to find you. At some point in time you will get that nasty gram in the mail.
As a general rule, the only time IRS will go past six years is if a person has significant assets or can pay all the back years. In those types of cases IRS may ask you to file all your tax returns. But as a general rule, there are so many outstanding cases, so much money to be collected and so many back tax returns that have to be filed, the IRS has put boundaries on past-due tax years is six.
What Happens if you Owe Back Taxes
Do not be afraid if you owe back taxes.
The Internal Revenue Service will simply take a financial statement on form 433F or 433A and make a determination how they will want the back taxes paid.
As a general rule, after IRS reviews your financial statement they will either place your case into a currently not collectible status if your expenses exceed your income, ask you to make a monthly installment payment after they apply the national standards or they may suggest that you consider an offer in compromise to settle your case.
Will IRS go After me criminally If I do not File
The general rule of thumb is to contact IRS before IRS knocks on the door.
Once you have come forth on a voluntary basis it is extremely doubtful that IRS will ever go after any taxpayer criminally unless there is fraud involved.
Remember the IRS wants voluntary compliance and our tax system is based on that principle.
Unless unique situations exist do not be stuck in criminal fear. In the entire United States, and abroad, the IRS as a general rule convicts a total of 3300 taxpayers for a variety of criminal charges per year.
Call us today for a free tax consult.
by Jim Magary | Nov 16, 2015 | Tax Help
If you need to File Back or Delinquent tax returns call us today and get back into the system worry free. AFFORDABLE
As former IRS agents and managers we know the exact way to make this a seamless and easy process for you.
With or without tax records we can file your back tax returns, if you’re going to owe back taxes we can work out a tax settlement for you so there are no excuses for you not to pick up the phone call us and get this problem taken care of once and for all.
We have over 206 years of professional tax experience, over 65 years of working directly for Internal Revenue Service and have been in private practice since 1982.
Does IRS Know I Haven’t Filed Back Tax Returns?
The fact is, they already know you have not filed your tax returns and because of heavy inventories they have not had time to work your case. Besides that, millions of taxpayers don’t file their annual tax returns.
But IRS will at some time knock on your door or send you a letter.
The letter will be the CP59.
As a former IRS agent and teaching instructor I have worked hundreds if not thousands of cases both as a former agent and being in private practice.
How many Back Years Should I File?
You’ll hear advice from all sorts of tax professionals on the issue of “how far back should I file my on file for back tax years.”
The good news is, as a general rule you do not have to go back that far.
As a matter of fact IRS has a policy statement regarding delinquent tax returns.
1.2.14.1.18 (08-04-2006)
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of wilfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Many times we file only 3 back years.
Enforcement beyond such period will not be undertaken without prior managerial approval.
Also, if delinquency procedures are not to be enforced for the full six year period of delinquency, prior managerial approval must be secured.
Managers are reluctant to require more back tax returns unless there is an obvious ability to pay the back tax.
Some Bad News
The bad news is many taxpayers who had withholding taken out have lost a refund checks. You can file and claim refunds however for the last three years.
Also if you not filed your W-2s and tax returns you can lose valuable Social Security credit.
What happens if you have lost your tax records
If you have back tax returns to prepare IRS has income transcripts available to prepare your tax returns. The IRS keeps all back W-2s and 1099’s on record for the past seven years.
For those of you who need to file back tax returns you can simply call us and we can help reconstruct your tax returns from little or no records.
As former IRS agents we have learned to prepare tax returns under reconstructive methods.
Why does IRS only do back 6 years?
The answer is very simple, manpower. by next year the entire IRS workforce will be cut down by one third due to attrition and budget cuts. That does not mean IRS is not going to find you. At some point in time you will get that nasty gram in the mail.
As a general rule, the only time IRS will go past six years is if a person has significant assets or can pay all the back years. In those types of cases IRS may ask you to file all your tax returns. But as a general rule, there are so many outstanding cases, so much money to be collected and so many back tax returns that have to be filed, the IRS has put boundaries on past-due tax years is six.
What Happens if you Owe Back Taxes
Do not be afraid if you owe back taxes.
The Internal Revenue Service will simply take a financial statement on form 433F or 433A and make a determination how they will want the back taxes paid.
As a general rule, after IRS reviews your financial statement they will either place your case into a currently not collectible status if your expenses exceed your income, ask you to make a monthly installment payment after they apply the national standards or they may suggest that you consider an offer in compromise to settle your case.
Will IRS go After me criminally If I do not File
The general rule of thumb is to contact IRS before IRS knocks on the door.
Once you have come forth on a voluntary basis it is extremely doubtful that IRS will ever go after any taxpayer criminally unless there is fraud involved.
Remember the IRS wants voluntary compliance and our tax system is based on that principle.
Unless unique situations exist do not be stuck in criminal fear. In the entire United States, and abroad, the IRS as a general rule convicts a total of 3300 taxpayers for a variety of criminal charges per year.
Call us today for a free tax consult.
by Jim Magary | Nov 16, 2015 | Tax Help
Many taxpayers who have not filed to file multiple years back tax returns often come in my office and ask “how far back do I have to file if they have not filed for some while? ”
Many of these taxpayers have a fear of filing back tax returns thinking the IRS’s is going come out and put them in jail.
The fact is, they already know you have not filed your tax returns and because of heavy inventories they have not had time to work your case.
But IRS will at some time knock on your door or send you a letter.The letter will be the CP59.
As a former IRS agent and teaching instructor I have worked hundreds if not thousands of cases both as a former agent and being in private practice.
You’ll hear advice from all sorts of tax professionals on the issue of “how far back should I file my on file for back tax years.”
The good news is, as a general rule you do not have to go back that far.
As a matter of fact IRS has a policy statement regarding delinquent tax returns.
1.2.14.1.18 (08-04-2006)
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of wilfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval.
Also, if delinquency procedures are not to be enforced for the full six-year period of delinquency, prior managerial approval must be secured.
Some Bad News
The bad news is many taxpayers who had withholding taken out have lost a refund checks. You can file and claim refunds however for the last three years.
Also if you not filed your W-2s and tax returns you can lose valuable Social Security credit.
What happens if you have lost your tax records
If you have back tax returns to prepare IRS has income transcripts available to prepare your tax returns. The IRS keeps all back W-2s and 1099’s on record for the past seven years. For those of you who need to file back tax returns you can simply call us and we can help reconstruct your tax returns from little or no records.
As former IRS agents we have learned to prepare tax returns under reconstructive methods.
Why does IRS only do back 6 years?
The answer is very simple,manpower.
As a general rule, the only time IRS will go past six years is if a person has significant assets or can pay all the back years. In those types of cases IRS may ask you to file all your tax returns. But as a general rule, there are so many outstanding cases, so much money to be collected and so many back tax returns that have to be filed, the IRS has put boundaries on past-due tax years is six.
What Happens if you Owe Back Taxes
Do not be afraid if you owe back taxes.
The Internal Revenue Service will simply take a financial statement on form 433F or 433A and make a determination how they will want the back taxes paid.
As a general rule, after IRS reviews your financial statement they will either place your case into a currently not collectible status if your expenses exceed your income, ask you to make a monthly installment payment after they apply the national standards or they may suggest that you consider an offer in compromise to settle your case.
Will IRS go After me criminally If I do not File
The general rule of thumb is to contact IRS before IRS knocks on the door.
Once you have come forth on a voluntary basis it is extremely doubtful that IRS will ever go after any taxpayer criminally unless there is fraud involved.
Remember the IRS wants voluntary compliance and our tax system is based on that principle.
Unless unique situations exist do not be stuck in criminal fear. In the entire United States, and abroad, the IRS as a general rule convicts a total of 3300 taxpayers for a variety of criminal charges per year.
Therefore the best advice we give taxpayers is to contact IRS before they contact you.
Call us today for a free tax consult.
by Fresh Start Tax | Nov 11, 2015 | Tax Help
Many taxpayers who have failed to file multiple years back tax returns often come in my office and ask “how far back do I have to go to make IRS happy”
Many of these taxpayers have a fear of filing back tax returns thinking the IRS’s is going come out and arrest me when they find out I did not file back tax returns.
The fact is, they already know you have not filed your tax returns and because of heavy inventories they have not had time to work your case.
As a former IRS agent and teaching instructor I have worked hundreds if not thousands of cases both as a former agent and being in private practice.
You’ll hear advice from all sorts of tax professionals on the issue of “how far back should I file my on file for back tax years.”
The good news is, as a general rule you do not have to go back that far.
As a matter of fact IRS has a policy statement regarding delinquent tax returns.
1.2.14.1.18 (08-04-2006)
Policy Statement 5-133
1. Delinquent returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted. However, if indications of wilfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to: prior history of noncompliance, existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval.
Also, if delinquency procedures are not to be enforced for the full six year period of delinquency, prior managerial approval must be secured.
Some Bad News
The bad news is many taxpayers who had withholding taken out have lost a refund checks. You can file and claim refunds however for the last three years.
Also if you not filed your W-2s and tax returns you can lose valuable Social Security credit.
What happens if you have lost your tax records
If you have back tax returns to prepare IRS has income transcripts available to prepare your tax returns. The IRS keeps all back W-2s and 1099’s on record for the past seven years. For those of you who need to file back tax returns you can simply call us and we can help reconstruct your tax returns from little or no records.
As former IRS agents we have learned to prepare tax returns under reconstructive methods.
Why does IRS only do back 6 years?
The answer is very simple,manpower.
As a general rule, the only time IRS will go past six years is if a person has significant assets or can pay all the back years. In those types of cases IRS may ask you to file all your tax returns. But as a general rul, there are so many outstanding cases, so much money to be collected and so many back tax returns that have to be filed, the IRS has put boundaries on past-due tax years is six.
What Happens if you Owe Back Taxes
Do not be afraid if you owe back taxes.
The Internal Revenue Service will simply take a financial statement on form 433F or 433A and make a determination how they will want the back taxes paid.
As a general rule, after IRS reviews your financial statement they will either place your case into a currently not collectible status if your expenses exceed your income, ask you to make a monthly installment payment after they apply the national standards or they may suggest that you consider an offer in compromise to settle your case.
Will IRS Go After me Crimianlly If I do not File
The general rule of thumb is to contact IRS before IRS knocks on the door.
Once you have come forth on a voluntary basis it is extremely doubtful that IRS will ever go after any taxpayer criminally unless there is fraud involved.
Remember the IRS wants voluntary compliance and our tax system is based on that principle. Unless unique situations exist do not be stuck in criminal fear. In the entire United States, and abroad, the IRS as a general rule convicts a total of 3300 taxpayers for a variety of criminal chargesper year.
Call us today for a free tax consult.
by Fresh Start Tax | Nov 10, 2015 | Tax Help
An “Affordable Professional Tax Firm” that specializes in IRS and state tax resolution.
We are former IRS Agents & Managers who know the system, since 1982.
We are A plus by the Rated BBB. We have been in private practice since 1982 and are true affordable tax experts in resolving individual, business and payroll taxes debt.
If you owe the Internal Revenue Service back taxes or back tax debt, it only makes sense to hire former IRS agents and managers who know the system inside and out.
We understand all the IRS systems protocols and procedures to get you immediate and permanent IRS tax relief.
We have over 60 years of direct work experience at the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
If you owe back taxes whether it be individual, business/corporate, back payroll taxes contact us today and we can review with you different tax solutions to go ahead and permanently and immediately remedy your problem from the Internal Revenue Service.
It is important to understand, those who will owe back taxes that your current financial statement will usually determine the outcome of your case. Therefore the preparation and the completion of your financial statement is the key to success and negotiation with the IRS is critical. Knowing the system is critical for success on all cases.
Please be advised that the Internal Revenue Service will used the national standardized list of expenses.
The Filing of Past Due or Unfiled IRS Tax Returns
If you have not file tax returns, our former IRS agents can prepare your back tax returns with little or no records and settle your tax debt at all at the same time.
Make sure you file your back tax returns because IRS enjoys the privilege of filing your back tax returns under 6020 B of the code if you fail to file back taxes.
They will file your return to make sure you pay the highest amount allowed by law. If this is happened to you, you can file for an IRS audit reconsideration.
IRS keeps all your income records for seven years. if you need to file a back tax year that have no tax record you can simply pull the IRS income transcript.
You will find on their all income sources reported to Internal Revenue Service. Exceptions of course if you are self-employed with no third-party reporting to the Internal Revenue Service.
The IRS Required Financials Statements
If you owe back taxes and as a general rule your financial statement will determine how IRS will close your settle your case.
If you owe individual, business or payroll taxes, we will take a current financial statement contact the IRS and work out an affordable individual or business payment plan and/or file and settle the tax if applicable.
Your last 3 to 6 months of your financial condition is IRS’s determining factor on your case resolution.
IRS has the option to determine the period of time and wish they can review your financial records. 3 to 6 months is generally the time periods they choose and is a good reflection of your ability to pay or inability not to pay.
As a general rule, when taxpayers or businesses owe back individual or payroll taxes, IRS closes case out by putting them into hardships, asking for payments or the settlement through the offer in compromise.
These are the 3 most common ways that IRS close cases off their enforcement computer.
1. 40% of all taxpayers that owe back taxes to the IRS get put in the tax hardships,
2. 6.5 million people get put into payment plans and ,
3. 40,000 people get offers in compromise accepted.
Call us today for a free initial tax consultation.
We are the fast, friendly, and affordable professional tax firm.
End IRS Tax Problems + IRS Levies Garnishment + Audits + Payroll Tax Debt + Past Due Back Tax Returns + Settlements + Tax Liens + Payment Options + Mountain View, Morgan Hill, Newark, Palo Alto, Redwood City
by Jim Magary | Nov 10, 2015 | Tax Help
An “Affordable Professional Tax Firm” that specializes in IRS and state tax resolution.
We are former IRS Agents & Managers who know the system, since 1982.
We are A plus by the Rated BBB. We have been in private practice since 1982 and are true affordable tax experts in resolving individual, business and payroll taxes debt.
If you owe the Internal Revenue Service back taxes or back tax debt, it only makes sense to hire former IRS agents and managers who know the system inside and out.
We understand all the IRS systems protocols and procedures to get you immediate and permanent IRS tax relief.
We have over 60 years of direct work experience at the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
If you owe back taxes whether it be individual, business/corporate, back payroll taxes contact us today and we can review with you different tax solutions to go ahead and permanently and immediately remedy your problem from the Internal Revenue Service.
It is important to understand, those who will owe back taxes that your current financial statement will usually determine the outcome of your case. Therefore the preparation and the completion of your financial statement is the key to success and negotiation with the IRS is critical. Knowing the system is critical for success on all cases.
Please be advised that the Internal Revenue Service will used the national standardized list of expenses.
The Filing of Past Due or Unfiled IRS Tax Returns
If you have not file tax returns, our former IRS agents can prepare your back tax returns with little or no records and settle your tax debt at all at the same time.
Make sure you file your back tax returns because IRS enjoys the privilege of filing your back tax returns under 6020 B of the code if you fail to file back taxes.
They will file your return to make sure you pay the highest amount allowed by law. If this is happened to you, you can file for an IRS audit reconsideration.
IRS keeps all your income records for seven years. if you need to file a back tax year that have no tax record you can simply pull the IRS income transcript.
You will find on their all income sources reported to Internal Revenue Service. Exceptions of course if you are self-employed with no third-party reporting to the Internal Revenue Service.
The IRS Required Financials Statements
If you owe back taxes and as a general rule your financial statement will determine how IRS will close your settle your case.
If you owe individual, business or payroll taxes, we will take a current financial statement contact the IRS and work out an affordable individual or business payment plan and/or file and settle the tax if applicable.
Your last 3 to 6 months of your financial condition is IRS’s determining factor on your case resolution.
IRS has the option to determine the period of time and wish they can review your financial records. 3 to 6 months is generally the time periods they choose and is a good reflection of your ability to pay or inability not to pay.
As a general rule, when taxpayers or businesses owe back individual or payroll taxes, IRS closes case out by putting them into hardships, asking for payments or the settlement through the offer in compromise.
These are the 3 most common ways that IRS close cases off their enforcement computer.
1. 40% of all taxpayers that owe back taxes to the IRS get put in the tax hardships,
2. 6.5 million people get put into payment plans and ,
3. 40,000 people get offers in compromise accepted.
Call us today for a free initial tax consultation.
We are the fast, friendly, and affordable professional tax firm.
End IRS Tax Problems + IRS Levies Garnishment + Audits + Payroll Tax Debt + Past Due Back Tax Returns + Settlements + Tax Liens + Payment Options + Mountain View, Morgan Hill, Newark, Palo Alto, Redwood City
