by Jim Magary | Nov 10, 2015 | Tax Help
We are an “AFFORDABLE” PROFESSIONAL ” Expert IRS Tax Firm.
24 hours after receiving your current financial statement we can get an IRS Tax Levy, IRS Bank Levy, IRS Wage Garnishment levy released and your case closed by the IRS.
We have worked out of the local, district, and regional tax offices of the Internal Revenue Service.
We have over 65 years of direct IRS work experience.
We are composed of tax attorneys, CPAs and former IRS & State agents who know the system inside and out. We have worked as IRS supervisors, managers and teaching instructors.
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. Not only can we get your tax levy released or removed we can also settle your case at the same time.
There is a very specific process to get these levees released and we can save you time and money because of our streamlined process of levy release.
All work is done in-house. We are a full-service professional IRS and State tax firm.
IRS Tax Levies: Bank Levies & Wage Garnishments
As a general rule, if taxpayers do not respond to final notices that are sent by IRS, the Internal Revenue Service is required to send out a tax levy.
It is important to respond to all IRS requests by mail because IRS’s computer will do so.
As a general rule, no human hand touches IRS mail, it is all set out systemically by the IRS Cade 2 computer. It sends out close to 150 million pieces of mail a year.
IRS generally sends out five billing notices and then the important 1058 that lets you know an IRS tax levy is to follow.
IRS has the right to shorten the period of time depending on your tax situation and history.If you had compliance issues in the past expect IRS to go right to a final notice.
IRS Billing Notices
The Internal Revenue Service sends out notices out notices on five-week billing cycles. Many times in the last notice IRS sends out a certified or registered mail.
To find out where you are in the system, look on the top right corner, it’ll let you know a code number and experienced tax professional can let you know where you are in the IRS billing system.
As a general rule, IRS sends out close to 1.9 million tax levies/garnishments each year.
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.
A federal tax lien can stay on public court records for 10 years. they are generally released by full payment, statute expiration or accepted offer in compromise.
The IRS filed 700,000 federal tax liens last year. If at all possible you want to stop the filing of the federal tax lien because it will certainly room and destroy your credit.
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.
The Internal Revenue Service does a thorough review of your current financial statement before closing your case. The internal revenue service will compare your expenses against that of the national, geographical, and localized standards that IRS has on their website. you can also find the national standards on our homepage, click on the tabs and says IRS forms, and go to the national standards.
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.
IRS will generally close your case by putting it into a tax hardship or asking for a monthly payment plan.
40% of all cases are put in the tax hardship and 6.5 million cases are put into monthly installment agreements.
Please keep in mind that your current financial statement will dictate how IRS will close case.
IRS Back Taxes + Offer in Compromise, IRS Tax Settlements, Pennies on a Dollar Settlements
Last year IRS accepted 38,000 offers in compromise for average settlement of $6500 per case. Please keep in mind that is only an average.
Unfiled Tax Returns
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. IRS also has the right to prepare your tax return under 6020 B of the Internal Revenue Code.
FST can prepare any and all back tax returns with little or no records. we are experts in tax reconstruction because of methods learned at the Internal Revenue Service.
If you do not prepare your back tax returns, the IRS can prepare them and make sure you pay the most amount allowed by law under code section 6020B.
If you’ve lost your tax records we can reconstruct them through methods we have learned at the Internal Revenue Service.
Don’t be in fear or panic if you have not filed back tax returns, we can get you back into the system worry free.
Remove IRS Tax Levy NOW + IRS Bank Levy + Wage Garnishment + Settle Back Tax Debt + Unfiled + Past Due Tax Returns + Offer in Compromise
by Fresh Start Tax | Nov 10, 2015 | Tax Help
We are an “AFFORDABLE” PROFESSIONAL ” Expert IRS Tax Firm.
24 hours after receiving your current financial statement we can get an IRS Tax Levy, IRS Bank Levy, IRS Wage Garnishment levy released and your case closed by the IRS.
We have worked out of the local, district, and regional tax offices of the Internal Revenue Service.
We have over 65 years of direct IRS work experience.
We are composed of tax attorneys, CPAs and former IRS & State agents who know the system inside and out. We have worked as IRS supervisors, managers and teaching instructors.
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. Not only can we get your tax levy released or removed we can also settle your case at the same time.
There is a very specific process to get these levees released and we can save you time and money because of our streamlined process of levy release.
All work is done in-house. We are a full-service professional IRS and State tax firm.
IRS Tax Levies: Bank Levies & Wage Garnishments
As a general rule, if taxpayers do not respond to final notices that are sent by IRS, the Internal Revenue Service is required to send out a tax levy.
It is important to respond to all IRS requests by mail because IRS’s computer will do so.
As a general rule, no human hand touches IRS mail, it is all set out systemically by the IRS Cade 2 computer. It sends out close to 150 million pieces of mail a year.
IRS generally sends out five billing notices and then the important 1058 that lets you know an IRS tax levy is to follow.
IRS has the right to shorten the period of time depending on your tax situation and history.If you had compliance issues in the past expect IRS to go right to a final notice.
IRS Billing Notices
The Internal Revenue Service sends out notices out notices on five-week billing cycles. Many times in the last notice IRS sends out a certified or registered mail.
To find out where you are in the system, look on the top right corner, it’ll let you know a code number and experienced tax professional can let you know where you are in the IRS billing system.
As a general rule, IRS sends out close to 1.9 million tax levies/garnishments each year.
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.
A federal tax lien can stay on public court records for 10 years. they are generally released by full payment, statute expiration or accepted offer in compromise.
The IRS filed 700,000 federal tax liens last year. If at all possible you want to stop the filing of the federal tax lien because it will certainly room and destroy your credit.
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.
The Internal Revenue Service does a thorough review of your current financial statement before closing your case. The internal revenue service will compare your expenses against that of the national, geographical, and localized standards that IRS has on their website. you can also find the national standards on our homepage, click on the tabs and says IRS forms, and go to the national standards.
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.
IRS will generally close your case by putting it into a tax hardship or asking for a monthly payment plan.
40% of all cases are put in the tax hardship and 6.5 million cases are put into monthly installment agreements.
Please keep in mind that your current financial statement will dictate how IRS will close case.
IRS Back Taxes + Offer in Compromise, IRS Tax Settlements, Pennies on a Dollar Settlements
Last year IRS accepted 38,000 offers in compromise for average settlement of $6500 per case. Please keep in mind that is only an average.
Unfiled Tax Returns
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. IRS also has the right to prepare your tax return under 6020 B of the Internal Revenue Code.
FST can prepare any and all back tax returns with little or no records. we are experts in tax reconstruction because of methods learned at the Internal Revenue Service.
If you do not prepare your back tax returns, the IRS can prepare them and make sure you pay the most amount allowed by law under code section 6020B.
If you’ve lost your tax records we can reconstruct them through methods we have learned at the Internal Revenue Service.
Don’t be in fear or panic if you have not filed back tax returns, we can get you back into the system worry free.
Remove IRS Tax Levy NOW + IRS Bank Levy + Wage Garnishment + Settle Back Tax Debt + Unfiled + Past Due Tax Returns + Offer in Compromise
by Jim Magary | Nov 10, 2015 | Tax Help
Earnings for Clergy + What is Taxable
A licensed, commissioned or ordained minister is generally the common law employee of the church, denomination, sect or organization that employs him or her to provide ministerial services.
There are, however, some exceptions such as traveling evangelists who are independent contractors (self-employed) under the common law.
If you are a minister performing ministerial services, all of your earnings, including wages, offerings and fees you receive for performing marriages, baptisms, funerals, etc., are subject to income tax, whether you earn the amount as an employee or self-employed person.
However, how you treat expenses related to those earnings differs if you earn the income as an employee or as a self-employed person.
For Social Security and Medicare tax purposes, regardless of your status under the common law, the services you perform in the exercise of your ministry are considered self-employment earnings and are generally subject to self-employment tax.
See Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers, for limited exceptions from self-employment tax.
Facts and circumstances determine whether you are considered an employee or a self-employed person under common-law rules.
Generally, you are an employee if the church or organization you perform services for has the legal right to control both what you do and how you do it, even if you have considerable discretion and freedom of action.
For more information about the common-law rules, see Publication 15-A (PDF), Employer’s Supplemental Tax Guide. If a congregation employs you for a salary, you are generally a common-law employee of the congregation and your salary is considered wages for income tax purposes.
However, amounts received directly from members of the congregation, such as fees for performing marriages, baptisms or other personal services, are generally earnings from self-employment for income tax purposes.
Both the salary you receive from the congregation and fees you receive from members of the congregation are subject to self-employment tax.
If you itemize your deductions, you may be able to deduct certain unreimbursed business expenses related to your services as a common-law employee on Form 1040, Schedule A (PDF), Itemized Deductions.
You may need to fill out Form 2106 (PDF), Employee Business Expenses, and attach it to your Form 1040 (PDF), U.S. Individual Income Tax Return.
Refer to Topic 514 for information on employee business expenses, and Topic 508 for information on the 2% of adjusted gross income limitation.
For your self-employment income (the offerings or fees you receive for performing marriages, baptisms, funerals, etc.), use Form 1040, Schedule C (PDF), Profit or Loss From Business, or Form 1040, Schedule C-EZ (PDF), Net Profit From Business, to report these earnings and related expenses.
A licensed, commissioned or ordained minister may be able to exclude from income the fair rental value of a home (a parsonage) or a housing allowance provided as compensation for ministerial services performed as an employee.
A minister who is furnished a parsonage may exclude from income the fair rental value of the parsonage, including utilities. However, the amount excluded cannot be more than reasonable compensation for the minister’s services.
A minister who receives a housing allowance may exclude the allowance from gross income to the extent it is used to pay expenses in providing a home.
Generally, those expenses include rent, mortgage interest, utilities, repairs, and other expenses directly relating to providing a home.
The amount excluded cannot be more than the reasonable compensation for the minister’s services.
If you own your home, you may still claim deductions for mortgage interest and real property taxes. If your housing allowance exceeds the lesser of your reasonable compensation, the fair rental value of the home, or your actual expenses, you must include the amount of the excess in income.
The minister’s employing organization must officially designate the allowance as a housing allowance before paying it to the minister.
The fair rental value of a parsonage or the housing allowance is excludable only for income tax purposes. The minister must include the amount for self-employment tax purposes.
For Social Security and Medicare tax purposes, a duly ordained, licensed or commissioned minister performing ministerial services is considered to be self-employed.
This means that your salary on Form W-2 (PDF), Wage and Tax Statement, the net profit on Schedule C or C-EZ, and your housing allowance less your employee business expenses are subject to self-employment tax on Form 1040, Schedule SE (PDF), Self-Employment Tax.
However, you can request an exemption from self-employment tax for your ministerial earnings, if you are opposed to certain public insurance for religious or conscientious reasons. You cannot request exemption for economic reasons.
To request the exemption, file Form 4361 (PDF), Application for Exemption From Self-Employment Tax for Use by Ministers, Members of Religious Orders and Christian Science Practitioners, with the IRS.
You must file it by the due date of your income tax return (including extensions) for the second tax year in which you have net earnings from self-employment of at least $400.00.
This rule applies if any part of your net earnings from each of the two years came from the performance of ministerial services. The two years do not have to be consecutive.
by Fresh Start Tax | Nov 10, 2015 | Tax Help
Affordable IRS Tax Experts. We have been in practice since 1982, Former IRS, A plus rated by the BBB.
We can resolve IRS Tax Debt including Payroll Tax Debt. If you owe back IRS tax debt and wish to settle your case with the IRS, call us today for a free initial tax consultation.
When you call our office you will speak directly to former IRS agents, managers and tax instructors that have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Were also composed of tax attorneys, CPAs as well as former state tax agents.
Once we have reviewed your current financial statement as a general rule we will tell you exactly how your case is going to close. We have worked so many cases we know the IRS and state tax tendencies.
We can review with you the best possible way to end your payroll tax problems, make an IRS payment plan, how to remove an IRS tax levy and to represent you during an IRS tax audit.
For those of you who need to file tax returns whether current or back years, call us today and we will walk you through the process of our learning experiences that total 206 years. We can file your back tax returns with little or few records.
IRS Installment Agreements or IRS Payment Plan Agreements
Last year the Internal Revenue Service granted close to 6.5 million IRS payment plans, installment agreements and streamlined payment plans to taxpayers.
Your current financial statement will determine if you are installment agreement candidate.
Keep in mind your financial statement will need to be fully documented Bank statements and copy of all expenses. You must be able to fully verify income.
The Internal Revenue Service will conduct a full review on your financial statement.
Call us today for free initial tax consultation and we will walk you through the process to get you an IRS payment plan, installment agreement or tell you how to make an affordable monthly streamlined payment with the Internal Revenue Service.
One of the first things reduced to find out whether you can settle your tax debt for pennies on the dollar.
IRS TAX DEBT Settlements
We can also talk you about the possible tax solution of settling your tax debt through the offer in compromise program, that is settling your tax debt for pennies on the dollar.
The way you can settle your tax debt for pennies on the dollar is through the offer in compromise program.
When you call our office you will speak directly to a former IRS agent who both worked and taught the program for IRS. The writer of this blog is a former IRS agent and teaching instructor.
One of the keys to the successful completion acceptance of an offer in compromise is to understand the process.
You can follow the pre-qualifier tool on our website and you can find out firsthand if you are a qualified candidate for the program.
You should never give your money to a tax firm unless you have some assurance your offer has a chance of acceptance.
Removals and Stopping an IRS Tax Levies, IRS Bank Levy, IRS Wage Garnishments Levies
If you wish to remove an IRS tax levy will need to give IRS a current financial statement on form 433F.
IRS will require that financial statement to be completely documented and verified.
Within 24 hours of receiving your current financial statement as a general rule we can get your bank or wage levy garnishment released.
We will let you know about the IRS national standard program so you understand the process of how IRS settles tax debt.
Need to file back or past due tax returns
As a general rule the Internal Revenue Service will close no open case or module if you have not filed all your back tax returns.
You could have a former IRS agent who knows the system prepare your back tax returns with little or few records. We can help audit proof your tax return.
We are A+ rated by the Better Business Bureau, since 1982.
Free initial tax consultations and assessments.
Owe Past Due IRS Taxes + Back Payroll Taxes + Trust Fund Taxes + IRS Payment Plans + Settle Debt + Unfiled Back Tax Returns + Former IRS Los Altos, Los Altos Hills, Los Gatos, Menlo Park, Monte Sereno
by Jim Magary | Nov 10, 2015 | Tax Help
Affordable IRS Tax Experts. We have been in practice since 1982, Former IRS, A plus rated by the BBB.
We can resolve IRS Tax Debt including Payroll Tax Debt. If you owe back IRS tax debt and wish to settle your case with the IRS, call us today for a free initial tax consultation.
When you call our office you will speak directly to former IRS agents, managers and tax instructors that have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Were also composed of tax attorneys, CPAs as well as former state tax agents.
Once we have reviewed your current financial statement as a general rule we will tell you exactly how your case is going to close. We have worked so many cases we know the IRS and state tax tendencies.
We can review with you the best possible way to end your payroll tax problems, make an IRS payment plan, how to remove an IRS tax levy and to represent you during an IRS tax audit.
For those of you who need to file tax returns whether current or back years, call us today and we will walk you through the process of our learning experiences that total 206 years. We can file your back tax returns with little or few records.
IRS Installment Agreements or IRS Payment Plan Agreements
Last year the Internal Revenue Service granted close to 6.5 million IRS payment plans, installment agreements and streamlined payment plans to taxpayers.
Your current financial statement will determine if you are installment agreement candidate.
Keep in mind your financial statement will need to be fully documented Bank statements and copy of all expenses. You must be able to fully verify income.
The Internal Revenue Service will conduct a full review on your financial statement.
Call us today for free initial tax consultation and we will walk you through the process to get you an IRS payment plan, installment agreement or tell you how to make an affordable monthly streamlined payment with the Internal Revenue Service.
One of the first things reduced to find out whether you can settle your tax debt for pennies on the dollar.
IRS TAX DEBT Settlements
We can also talk you about the possible tax solution of settling your tax debt through the offer in compromise program, that is settling your tax debt for pennies on the dollar.
The way you can settle your tax debt for pennies on the dollar is through the offer in compromise program.
When you call our office you will speak directly to a former IRS agent who both worked and taught the program for IRS. The writer of this blog is a former IRS agent and teaching instructor.
One of the keys to the successful completion acceptance of an offer in compromise is to understand the process.
You can follow the pre-qualifier tool on our website and you can find out firsthand if you are a qualified candidate for the program.
You should never give your money to a tax firm unless you have some assurance your offer has a chance of acceptance.
Removals and Stopping an IRS Tax Levies, IRS Bank Levy, IRS Wage Garnishments Levies
If you wish to remove an IRS tax levy will need to give IRS a current financial statement on form 433F.
IRS will require that financial statement to be completely documented and verified.
Within 24 hours of receiving your current financial statement as a general rule we can get your bank or wage levy garnishment released.
We will let you know about the IRS national standard program so you understand the process of how IRS settles tax debt.
Need to file back or past due tax returns
As a general rule the Internal Revenue Service will close no open case or module if you have not filed all your back tax returns.
You could have a former IRS agent who knows the system prepare your back tax returns with little or few records. We can help audit proof your tax return.
We are A+ rated by the Better Business Bureau, since 1982.
Free initial tax consultations and assessments.
Owe Past Due IRS Taxes + Back Payroll Taxes + Trust Fund Taxes + IRS Payment Plans + Settle Debt + Unfiled Back Tax Returns + Former IRS Los Altos, Los Altos Hills, Los Gatos, Menlo Park, Monte Sereno
by Fresh Start Tax | Nov 10, 2015 | Tax Help
“AFFORDABLE “ former IRS agents and managers who know the system permanently resolve any IRS tax problem, since 1982.
We are a full service tax firm that specialize in IRS and state tax services. We are true tax experts. We have over 206 years professional tax experience. We are composed of tax attorneys, CPAs and former IRS agents.
We specialize in all IRS tax problems, from a simple IRS notice or letter to going to tax court.
We are tax experts for removing IRS bank and wage garnishment levies, going to appeals or tax court, preparing back tax returns and settling your cases via the offer in compromise program if you are eligible candidate for the OIC program.
As former IRS agents we have worked on the local, district, and regional tax offices of the IRS.
When you call our office you will speak directly to a true IRS tax professional that has years and years of experience and have successfully worked hundreds of cases.
Make sure when you are looking around for a tax resolution firm you are speaking to an actual company and not a lead generation site.
Approximately 90% of the sites on Google are no more than marketing and lead gen companies. Make sure when you call a tax resolution company you are speaking to true tax professionals are not salesperson.
IRS Tax Problems = Remove IRS Tax Levies/ IRS Wage Garnishments
The Internal Revenue Service levies approximately 1.8 million taxpayers each and every year and this figure includes wage garnishments. So you know you are not alone.
This happens as a general rule because taxpayers fail to respond to final notices and/or the 1058 notice which has their tax rights enclosed.
It is very important for taxpayers to know that they must follow-up on all IRS mail correspondence because there is no other way to stopping the IRS collection beast called the CADE 2 computer system.
The IRS files close to 700,000 federal tax liens each and every year that will both ruin and destroy your credit.
There are different ways to get your federal tax lien released and once we know more about your case we could speak to you on how to best get this federal tax lien released.
If you have received a final notice of intent to levy from the Internal Revenue Service make sure you follow-up on the 30 day date, if you don’t IRS will take enforcement action.
Before IRS will remove a tax levy or wage garnishment they will need a current and verifiable financial statement. Form 433F.
Once we have your current verified financial statement in hand, we can usually get your tax levy or garnishment released and your case close off the IRS enforcement computer within 24 hours.
It is important that your financial statement is completely documented. IRS will do a thorough review of your current financial statement along with documentation. You want to make sure you are honest and correct before sending to IRS.
How IRS will close Your Case:
IRS usually closes a case by putting a case into :
1. tax ax hardship,
2. having a taxpayer into a monthly installment agreement or,
3. telling them they may qualify for an offer in compromise your tax debt settlement. Your financial statement will dictate how your case will close.
Stats = 40% of those who owe back taxes will have their cases closed by hardship and 6.5 million will close their cases by monthly payment agreements.
If you have back tax returns to file, you can have former IRS agents ensure that you are paying the lowest amount of tax allowed by law.
If you going to owe tax, we can file your back tax returns and settle your debt all at the same time. he is 20
If you wish to settle your tax that we can have former IRS revenue officers who worked the offer in compromise program settle your tax debt if and only if you were a true candidate fo yes
The average settlement on offers in compromise or $6500 per case, please keep in mind this is just the national average.
Call us today for a free initial tax consultation.
IRS Tax Problem Help Services + Remove IRS Tax Levies Garnishments + File Back Tax Returns + Settle IRS Debt + Make IRS Payments
