by Fresh Start Tax | Nov 4, 2015 | Tax Help
“AFFORDABLE” Former IRS agents & managers who know the system, Since 1982. Low Cost Options.
Since 1982, we are a full service tax firm that specialize in IRS and state tax services.
We have over 206 years of professional tax experience.
We can remove an IRS tax levy garnishment within 24 hours of receiving your current financial statement, talk to you about the removal of a federal tax lien, represent you during an IRS tax audit, file any and all back tax returns and talk you about the settlement of your tax debt through the offer in compromise if you are a suitable and eligible candidate.
Having worked for the Internal Revenue Service gets us a distinct advantage over other professional companies. When you call us you will hear the truth and have a very definitive exit strategy on how to end your IRS tax problem.
The Filing Back Tax Returns
Many taxpayers fail to file their back tax returns because of fear or they wait until IRS sends them a letter. If you are in the situation, call us today and have former IRS agents and managers reconstruct your tax returns with or without records and make sure you pay the lowest amount allowed by law.
If you owe money we will work out of tax settlement with Internal Revenue Service.
Stop IRS Tax Problems + IRS Tax Levies + IRS Tax Wage Garnishments
The Internal Revenue Service levies approximately 1.8 million taxpayers each and every year and this figure includes and bank & wage garnishments.
The IRS files approximately 700,000 federal tax liens each year.
If you have been tax levied you are not alone.
If you have not responded to an IRS final notice they systematically send out an IRS tax levy from their CADE2 computer system. Not a human hand touches his tax levy they are all sent out my computer.
The Internal Revenue Service gets their levy/garnishment information from your W-2s, 1099s and IRS tax transcripts. IRS will usually go back as far as the seven taxable years.
IRS Tax Billing Notices
As a general rule IRS sends out a series of billing notices to the last known address. The IRS billing notices or five weeks apart.
You must respond to a final notice or enforcement action will follow six weeks later.
Before IRS will release the levy many times they want all on file tax returns in their hand to make sure you are in full compliance.
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.
Tax Levies
Before IRS will remove a tax levy or wage garnishment they will need a current and verifiable financial statement. The form to be used is the 433 f.
If the cases in the local office the revenue officer will require form 433A.
Once we have your current verified financial statement in hand, we can usually get your tax levy or garnishment released within 24 hours. It is important that your financial statement is completely documented.
IRS usually closes a case by putting a case and tax hardship, having a taxpayer into a monthly installment agreement or telling them they may qualify for an offer in compromise your tax debt settlement.
Quick IRS Tax Facts:
1. 40% of all people who owe IRS tax debt have their cases put into what is called a currently not collectible file, and 6.5 million taxpayers have their cases put into current installment agreement or payments.
Please remember your current financial statement will determine the outcome of your case therefore it is critical to have a tax professional complete the financial information.
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 wish to settle your tax debt, 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 for a tax debt settlement called an offer in compromise.
Call us today for a free initial tax consultation and speak with the true IRS tax expert.
Affordable IRS Tax Problem Help Services + Stop IRS Levy Garnishments NOW + File Back Tax Returns + Offer to Settle Tax Debt
by Jim Magary | Nov 4, 2015 | Tax Help
Is a Person With Income From Puerto Rico Required to File a U.S. Federal Income Tax Return?
If you are a United States citizen or resident alien and are a bona fide resident of Puerto Rico during the entire tax year, you generally are not required to file a U.S. federal income tax return if your only income is from sources within Puerto Rico.
However, if you also have income from sources outside of Puerto Rico, including from U.S. sources, you are required to file a U.S. federal income tax return if such amount is above the U.S. filing threshold.
Nevertheless, a bona fide resident of Puerto Rico with a U.S. filing obligation, generally will not report Puerto Rican source income on a U.S. income tax return.
A tax year for calendar year filers is January 1 to December 31.
If you are a bona fide resident of Puerto Rico and can exclude your Puerto Rican source income on your U.S. income tax return, you must determine your return filing requirement based on the filing thresholds shown in the individual tax return instructions.
However, if you are a resident of Puerto Rico and a U.S. government employee, including members of the U.S. Armed Forces, you must file an income tax return reporting all income received for performing services for the U.S. government.
In addition, special rules under the Military Spouses Residency Relief Act (MSRRA) apply to civilian spouses of active duty members of the U.S. Armed Forces who work in Puerto Rico but retain their tax residency status in one of the 50 states or the District of Columbia and have the same tax residency as their spouses before the move
If these spouses earn compensation while working in Puerto Rico, e.g., income from wages, salaries, tips, or self-employment, they will only file a U.S. income tax return reporting such compensation.
U.S. citizens and resident aliens who are not bona fide residents of Puerto Rico during the entire tax year, are required to report all income from worldwide sources on their U.S. income tax return.
However, a U.S. citizen who changes residence from Puerto Rico to the United States, and who was a bona fide resident of Puerto Rico for a period of at least two years before changing residency, can exclude any Puerto Rican source income from his or her U.S. income tax return attributable to the time he or she was still residing in Puerto Rico for part of the year.
If a bona fide resident of Puerto Rico does not have a U.S. income tax filing requirement, he or she may nevertheless have an obligation to file a return with the United States reporting self-employment income derived from a trade or business in Puerto Rico and/or elsewhere.
Such individuals must file Form 1040-SS (PDF) or Form 1040-PR (PDF) with the United States to report self-employment income and if necessary, pay self-employment tax. For more information on self-employment reporting requirements, see the Form 1040-SS Instructions (PDF) and Form 1040-PR Instructions (PDF).
by Jim Magary | Nov 4, 2015 | Tax Help
We are an “AFFORDABLE” PROFESSIONAL Tax Firm, 24 hours of receiving your current financial statement we can get an IRS Tax Levy, Bank Levy, Wage Garnishment levy released & your case settled, guaranteed.
We have worked out of the local, district, and regional tax offices of the Internal Revenue Service and we know the system inside and out.
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.
Because we have over 60 years with the IRS we understand the protocols and the internal revenue manual’s to get your levy released in your case closed with IRS.
On our staff have been IRS managers, supervisors, and teaching instructors with the IRS.
We’ve been practicing since 1982 and are A+ rated by the Better Business Bureau.
If you owe any type of back IRS or state taxes call us today for a free initial tax consultation and you can speak to a true IRS expert.
IRS usually levy only after these three requirements are met:
1• IRS assessed the tax and sent you a Notice and Demand for Payment;
2• You neglected or refused to pay the tax; and
3• IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
Please note: if we levy your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
Getting your IRS tax levy, bank levy wage levy garnishment tax levy released.
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 requests by mail.
As a general rule no human hand touches IRS mail, it is all set out systemically by the IRS Cade 2 computer.
IRS generally sends out five billing notices and then the important 1058 that lets you know an IRS tax levy is to follow.
Once again you must answer all IRS mail and all IRS information is time sensitive. IRS will follow-up on all correspondence.
The Internal Revenue Service sends out notices out notices on five-week billing cycles.
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 former IRS agent I can tell you that taxpayers stick their head in the sand and seal their own fate by not responding to the IRS final notice before seizure.
As a general rule, IRS sends out close to 1.9 million tax levies 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.
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.
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.
Some cases close because of the IRS statute of limitations.
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. Your individual financial statement will determine how IRS will close your case.
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.
We can prepare any and all back tax returns with little or no records.
Please call us today for a free initial tax consultation, since 1982.
Remove IRS Tax Levy NOW + IRS Bank Levy + IRS Wage Garnishment + Settle Back Tax Debt + Unfiled Tax Returns
by Fresh Start Tax | Nov 4, 2015 | Tax Help
We are an “AFFORDABLE” PROFESSIONAL Tax Firm, 24 hours of receiving your current financial statement we can get an IRS Tax Levy, Bank Levy, Wage Garnishment levy released & your case settled, guaranteed.
We have worked out of the local, district, and regional tax offices of the Internal Revenue Service and we know the system inside and out.
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.
Because we have over 60 years with the IRS we understand the protocols and the internal revenue manual’s to get your levy released in your case closed with IRS.
On our staff have been IRS managers, supervisors, and teaching instructors with the IRS.
We’ve been practicing since 1982 and are A+ rated by the Better Business Bureau.
If you owe any type of back IRS or state taxes call us today for a free initial tax consultation and you can speak to a true IRS expert.
IRS usually levy only after these three requirements are met:
1• IRS assessed the tax and sent you a Notice and Demand for Payment;
2• You neglected or refused to pay the tax; and
3• IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
Please note: if we levy your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
Getting your IRS tax levy, bank levy wage levy garnishment tax levy released.
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 requests by mail.
As a general rule no human hand touches IRS mail, it is all set out systemically by the IRS Cade 2 computer.
IRS generally sends out five billing notices and then the important 1058 that lets you know an IRS tax levy is to follow.
Once again you must answer all IRS mail and all IRS information is time sensitive. IRS will follow-up on all correspondence.
The Internal Revenue Service sends out notices out notices on five-week billing cycles.
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 former IRS agent I can tell you that taxpayers stick their head in the sand and seal their own fate by not responding to the IRS final notice before seizure.
As a general rule, IRS sends out close to 1.9 million tax levies 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.
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.
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.
Some cases close because of the IRS statute of limitations.
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. Your individual financial statement will determine how IRS will close your case.
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.
We can prepare any and all back tax returns with little or no records.
Please call us today for a free initial tax consultation, since 1982.
Remove IRS Tax Levy NOW + IRS Bank Levy + IRS Wage Garnishment + Settle Back Tax Debt + Unfiled Tax Returns
by Fresh Start Tax | Nov 4, 2015 | Tax Help
We are AFFORDABLE Former IRS Agents & Managers that specialize in the removal of IRS tax levies, bank levies, and wage garnishment levies. Since 1982.
IRS files 1.9 million tax levies each year and files over 700,000 federal tax liens each year.
The numbers are staggering. if you do not follow up on the final notice from the Internal Revenue Service you can expect immediate and swift enforcement action.
The IRS collection computer collects billions of dollars each year without a single hand touching a letter or envelope.
IRS gets their levy information from past tax returns.
Information is collected from W-2s and 1099s input on the IRS enforcement computer.
FST results – As a general rule, 24 hours after receiving your current and verifiable financial statement we can get your IRS tax, bank levy garnishment released and your case closed with the IRS.
It only makes sense as former IRS agents and managers, we know the system inside and out.
We have over 206 years professional tax experience and have been in private practice since 1982 and we are A+ rated by the Better Business Bureau.
There’s a very streamlined process too quickly, efficiently and for affordable fees get your IRS tax levy immediately released.
Our former IRS agents have worked in the local, district, and regional tax offices of the Internal Revenue Service. We taught tax law as former IRS Agents.
We cannot only get your bank or wage levy released, we can settle your case all at the same time.
IRS will require a current financial statement before they will release a bank levy, wage garnishment levy.
The IRS financial statement is required documentation before they can close any case.
The IRS financial statement will need to be a form 433F.
IRS will require the last payments based statements, copy them all mostly expenses and a copy of your pay stub to verify your current financial statement.
You want to make sure you turn in a correct and honest financial statement to Internal Revenue Service and that’s for hiring tax professionals can help you.
IRS will compare your financial statement with that of the national averages and regional norms and come up with a plan to close your case off the IRS enforcement computer. you can find old national standards on our website. is very important to know the system.
As a general rule IRS settles case by putting them into hardship, payment agreements or the recommendation of settling your tax debt to the offer in compromise.
When you owe back taxes the IRS closes the cases this way:
Three general closing methods.
1. IRS will either place your case and hardship,
2. Ask for monthly payment agreement or
3. accept an offer in compromise.
Please keep in mind the general statue of limitations on all IRS collection cases this 10 years from the original date of assessment, some exceptions do apply.
Some of our clients are eligible for the new fresh start tax initiative called the offer in compromise to settle their tax debt for pennies on a dollar.
For all those contemplating the filing of an offer in compromise I suggest you walk to the IRS pre-qualifier tool to make sure you are a viable candidate.
We have over 206 years professional tax experience and we’re A+ rated by the Better Business Bureau.
Call us today for a free initial tax consultation hear the truth.
STOP IRS BANK, WAGE GARNISHMENT LEVY NOW + SETTLE RESOLVE IRS TAX DEBT + FORMER IRS
by Jim Magary | Nov 4, 2015 | Tax Help
We are AFFORDABLE Former IRS Agents & Managers that specialize in the removal of IRS tax levies, bank levies, and wage garnishment levies. Since 1982.
IRS files 1.9 million tax levies each year and files over 700,000 federal tax liens each year.
The numbers are staggering. if you do not follow up on the final notice from the Internal Revenue Service you can expect immediate and swift enforcement action.
The IRS collection computer collects billions of dollars each year without a single hand touching a letter or envelope.
IRS gets their levy information from past tax returns.
Information is collected from W-2s and 1099s input on the IRS enforcement computer.
FST results – As a general rule, 24 hours after receiving your current and verifiable financial statement we can get your IRS tax, bank levy garnishment released and your case closed with the IRS.
It only makes sense as former IRS agents and managers, we know the system inside and out.
We have over 206 years professional tax experience and have been in private practice since 1982 and we are A+ rated by the Better Business Bureau.
There’s a very streamlined process too quickly, efficiently and for affordable fees get your IRS tax levy immediately released.
Our former IRS agents have worked in the local, district, and regional tax offices of the Internal Revenue Service. We taught tax law as former IRS Agents.
We cannot only get your bank or wage levy released, we can settle your case all at the same time.
IRS will require a current financial statement before they will release a bank levy, wage garnishment levy.
The IRS financial statement is required documentation before they can close any case.
The IRS financial statement will need to be a form 433F.
IRS will require the last payments based statements, copy them all mostly expenses and a copy of your pay stub to verify your current financial statement.
You want to make sure you turn in a correct and honest financial statement to Internal Revenue Service and that’s for hiring tax professionals can help you.
IRS will compare your financial statement with that of the national averages and regional norms and come up with a plan to close your case off the IRS enforcement computer. you can find old national standards on our website. is very important to know the system.
As a general rule IRS settles case by putting them into hardship, payment agreements or the recommendation of settling your tax debt to the offer in compromise.
When you owe back taxes the IRS closes the cases this way:
Three general closing methods.
1. IRS will either place your case and hardship,
2. Ask for monthly payment agreement or
3. accept an offer in compromise.
Please keep in mind the general statue of limitations on all IRS collection cases this 10 years from the original date of assessment, some exceptions do apply.
Some of our clients are eligible for the new fresh start tax initiative called the offer in compromise to settle their tax debt for pennies on a dollar.
For all those contemplating the filing of an offer in compromise I suggest you walk to the IRS pre-qualifier tool to make sure you are a viable candidate.
We have over 206 years professional tax experience and we’re A+ rated by the Better Business Bureau.
Call us today for a free initial tax consultation hear the truth.
STOP IRS BANK, WAGE GARNISHMENT LEVY NOW + SETTLE RESOLVE IRS TAX DEBT + FORMER IRS
