by Fresh Start Tax | Nov 2, 2015 | Tax Help
We are an “AFFORDABLE PROFESSIONAL TAX FIRM” composed of Former IRS Agents and Managers
Let us fight for you, we know the system!
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.
All our work is done in-house. We specialize in IRS tax problem help services.
Some of our IRS Tax Services
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.
We are uniquely qualified to help you with any IRS problem or matter. From a very simple IRS notice or letter to going to Tax Court, we have a solution.
In cases in which back taxes are owed, your financial statement is the key to tax resolution.
IRS Tax Levies & Garnishments
The Internal Revenue Service levies approximately 1.8 million taxpayers each and every year and this figure includes and bank & wage garnishments.
If you have been 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.
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. If you do not respond to the IRS last notice, the 1058, you can expect the tax lien or tax levy to show up within 30 days of receiving the notice.
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.
The IRS files close to 700,000 federal tax liens each and every year that will both ruin and destroy your credit.
Before IRS will remove a tax levy or wage garnishment they will need a current and verifiable financial statement.
If the cases in the local office the revenue officer will require form 433a. The revenue officer is a much more seasoned IRS agent and especially geared for higher dollar IRS collection cases.
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 in a:
- tax hardship,
- having a taxpayer go into a monthly installment agreement or
- 3.telling them they may qualify for an offer in compromise your tax debt settlement.
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. We do not file an offer in compromise for a tax debt settlement unless you are a qualified candidate.
Approximately 40% of all taxpayers who file an offer in compromise get accepted by the Internal Revenue Service however you must be a qualified candidate.
The average settlement is $6500 per case but that is just the national average.
Call us today for a free initial tax assessment.
When you call our office you will speak to a true IRS tax professional about the resolution of your case.We’re the fast, friendly, and affordable professional tax firm.
We are a nationwide firm serving in all states.
Affordable IRS Tax Problem Help + IRS Levy Garnishments + Tax Liens + IRS Audits + Back Tax Returns + Offer Settle Tax + Payments
by Jim Magary | Nov 2, 2015 | Tax Help
We are an “AFFORDABLE PROFESSIONAL TAX FIRM” composed of Former IRS Agents and Managers
Let us fight for you, we know the system!
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.
All our work is done in-house. We specialize in IRS tax problem help services.
Some of our IRS Tax Services
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.
We are uniquely qualified to help you with any IRS problem or matter. From a very simple IRS notice or letter to going to Tax Court, we have a solution.
In cases in which back taxes are owed, your financial statement is the key to tax resolution.
IRS Tax Levies & Garnishments
The Internal Revenue Service levies approximately 1.8 million taxpayers each and every year and this figure includes and bank & wage garnishments.
If you have been 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.
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. If you do not respond to the IRS last notice, the 1058, you can expect the tax lien or tax levy to show up within 30 days of receiving the notice.
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.
The IRS files close to 700,000 federal tax liens each and every year that will both ruin and destroy your credit.
Before IRS will remove a tax levy or wage garnishment they will need a current and verifiable financial statement.
If the cases in the local office the revenue officer will require form 433a. The revenue officer is a much more seasoned IRS agent and especially geared for higher dollar IRS collection cases.
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 in a:
- tax hardship,
- having a taxpayer go into a monthly installment agreement or
- 3.telling them they may qualify for an offer in compromise your tax debt settlement.
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. We do not file an offer in compromise for a tax debt settlement unless you are a qualified candidate.
Approximately 40% of all taxpayers who file an offer in compromise get accepted by the Internal Revenue Service however you must be a qualified candidate.
The average settlement is $6500 per case but that is just the national average.
Call us today for a free initial tax assessment.
When you call our office you will speak to a true IRS tax professional about the resolution of your case.We’re the fast, friendly, and affordable professional tax firm.
We are a nationwide firm serving in all states.
Affordable IRS Tax Problem Help + IRS Levy Garnishments + Tax Liens + IRS Audits + Back Tax Returns + Offer Settle Tax + Payments
by Jim Magary | Nov 2, 2015 | Tax Help
Medical and Dental Expenses
If you itemize your deductions for a taxable year on Form 1040, Schedule A (PDF), you may be able to deduct expenses you paid that year for medical and dental care for yourself, your spouse and your dependents.
For years beginning after December 31, 2012, you may deduct only the amount of your total medical expenses that exceed 10% of your adjusted gross income or 7.5% if you or your spouse is 65 or older.
The 7.5% limitation is a temporary exemption starting January 1, 2013 to December 31, 2016 for individuals age 65 and older and their spouses. You figure the amount you are allowed to deduct on Form 1040, Schedule A.
Definition:
Medical care expenses include payments for the diagnosis, cure, mitigation, treatment, or prevention of disease, or payments for treatments affecting any structure or function of the body.
Deductible medical expenses may include but are not limited to the following:
Payments of fees to doctors, dentists, surgeons, chiropractors, psychiatrists, psychologists, and nontraditional medical practitioners
Payments for in-patient hospital care or nursing home services, including the cost of meals and lodging charged by the hospital or nursing home
Payments for acupuncture treatments or inpatient treatment at a center for alcohol or drug addiction, for participation in a smoking-cessation program and for drugs to alleviate nicotine withdrawal that require a prescription
Payments to participate in a weight-loss program for a specific disease or diseases diagnosed by a physician, including obesity, but not ordinarily payments for diet food items or the payment of health club dues
Payments for insulin and payments for drugs that require a prescription
Payments made for admission and transportation to a medical conference relating to a chronic disease that you, your spouse or your dependents have (if the costs are primarily for and essential to necessitated medical care). However, you may not deduct the costs for meals and lodging while attending the medical conference
Payments for false teeth, reading or prescription eyeglasses or contact lenses, hearing aids, crutches, wheelchairs, and for guide dogs for the blind or deaf
Payments for transportation primarily for and essential to medical care that qualify as medical expenses, such as payments of the actual fare for a taxi, bus, train, ambulance, or for medical transportation by personal car, the amount of your actual out-of-pocket expenses such as for gas and oil, or the amount of the standard mileage rate for medical expenses, plus the cost of tolls and parking fees
Payments for insurance premiums you paid for policies that cover medical care or for a qualified long-term care insurance policy covering qualified long-term care services. However, if you are an employee, do not include in medical expenses the portion of your premiums treated as paid by your employer under its sponsored group accident, health policy or qualified long-term care insurance policy.
Also, do not include the premiums that you paid under your employer-sponsored policy under a premium conversion policy (pre-tax), paid by an employer-sponsored health insurance plan (cafeteria plan) or any other medical and dental expenses unless the premiums are included in box 1 of your Form W-2 (PDF), Wage and Tax Statement.
For example, if you are a federal employee participating in the premium conversion program of the Federal Employee Health Benefits (FEHB) program, you may not include the premiums paid for the policy as a medical expense since they are never included in your gross income.
If you are self-employed and have a net profit for the year, you may be eligible for the self-employed health insurance deduction. This is an adjustment to income rather than an itemized deduction for premiums you paid on a health insurance policy covering medical care including a qualified long-term care insurance policy covering medical care for yourself and your spouse and dependents.
See Chapter 6 of Publication 535 for eligibility information. If you do not claim 100% of your self-employed health insurance deduction, you can include the remaining premiums with your other medical expenses as an itemized deduction on Form 1040, Schedule A (PDF).
You may deduct as an expense any medicine or drug that is a prescribed drug or is insulin (even if such drug is available without a prescription).
A prescription means a written or electronic order for a medicine or drug that meets the legal requirements of a prescription in the state in which the medical expense is incurred and that is issued by an individual who is legally authorized to issue a prescription in that state.
You may not deduct funeral or burial expenses, over-the-counter medicines, toothpaste, toiletries, cosmetics, a trip or program for the general improvement of your health, or most cosmetic surgery.
You may not deduct amounts paid for nicotine gum and nicotine patches, which do not require a prescription.
You can only include the medical expenses you paid during the year and you can only use the expenses once on the return.
You must reduce your total deductible medical expenses for the year by any reimbursement of deductible medical expenses and expenses used when figuring other credits or deductions.
This is true whether you receive the reimbursement directly or if it is paid directly to the doctor, hospital or other medical provider.
To determine whether an expense is deductible, see Can I Deduct My Medical and Dental Expenses? on IRS.gov.
For additional information on medical expenses, including who will qualify as your dependent for purposes of the deduction, how to figure and how to report the deduction on your return, see IRS Publication 502, Medical and Dental Expenses.
Call us today and we can help audit proof your tax return.
by Fresh Start Tax | Nov 2, 2015 | Tax Help
We are an “Affordable” professional firm of former IRS agents and managers who have over 60 years working for the IRS.
If you have an IRS tax problem call us today and we will go over the various solutions to go ahead and get IRS off your back.We know the system.
If you have received an IRS final notice, received a notice of levy on your wages or your bank account has been seized, call us today and we will review the process to get immediate release of the federal tax levy.
If the IRS is filed the federal tax lien we can go over options with you to get the federal tax lien released.
We are IRS tax specialist for all IRS collection and audit division problems including payment plans and offers compromise.
I am a former IRS revenue officer and IRS expert in collection matters.
The IRS Collection Division, my former employer
The Internal Revenue Service is the largest collection agency in the world and has tools that can make your life miserable. Their collection computer can make your life absolutely miserable. IRS collects billions of dollars through the CADE2 computer.
We specialize in immediate and permanent IRS tax relief.
If you have received any IRS notice or letter, as a general rule, with one phone call and the filing of a power of attorney we can stop the Internal Revenue Service.
You will never have to speak to IRS.
If you have received an IRS tax levy or wage garnishment on a paycheck, within 24 hours of receiving a current documented financial statement and as a general rule, we can obtain or remove the IRS levy and settle your case all at the same time. We have a very streamlined and efficient process to deal with the removal of tax levies and waves garnishments.
If you owe IRS tax debt we can talk to you about getting your case put into a hardship, entering into a payment plan or the submission of an offer in compromise.
When you call our office we will give you a free initial tax consultation and speak to you about the possibility of settling your debt to the offer in compromise or what is normally called the pennies on a dollar program. You must be a qualified candidate before the filing of any offer.
Call us today and speak to a true IRS tax professional.
IRS Taxes Debt Relief NOW= IRS Final Notices + IRS Levy = Paycheck Garnishment, Tax Seizure + Tax Lien + Payment Plans + Settling Taxes
by Fresh Start Tax | Nov 2, 2015 | Tax Help
AFFORDABLE former IRS agents and managers we can get your IRS tax levy garnishment released and your case closed all at the same time.
Over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We know the system so well we taught tax law to new IRS agents. We also taught at the regional training centers.
If you have received an IRS tax levy, wage garnishment levy or wish to settle your tax debt call us today and hear the truth from IRS tax experts who have been in practice since 1982.
We know and understand the fastest and the most affordable way to go ahead and get a removal or release of an IRS tax or wage garnishment levy and settle your case to stop the IRS.
Your financial statement is the key to fast IRS wage garnishments and bank levies.
It is very important to know the IRS system to make this a seamless resolution.
The Process to get your Tax Levies Removed
IRS Tax Levies+ Bank and IRS Wage Garnishments
As former IRS agents we filed hundreds of tax levies so we understand the process and have a streamlined process to get an IRS tax Levy, Bank Levy wage garnishment levy released.
IRS Tax fact:
IRS levies 1.9 million taxpayers every year.
IRS files over 900,000 federal tax liens every year.
IRS levies because taxpayers do not respond to final notices that are sent as a result of 1058 letters. IRS sends those final notices the last known address. the burden of proof is on the taxpayer to let IRS know that they have changed addresses.
Many taxpayers find out about levies because IRS have been sending notices to wrong addresses.
If you have not responded to IRS as a result of that tax notice within six weeks of those dates you can expect an IRS bank or wage garnishment levy. IRS may follow that up with the filing of a federal tax lien.
You want to make sure IRS withholds the filing of the federal tax lien because it is very damaging to your credit report.
Before IRS releases a tax levy, bank tax levy or wage garnishment they will want a current financial statement to make a determination of how to close your case off the IRS enforcement computer.
That financial statement will be on IRS form 433F that you can find directly on our website.
This financial statement will need to be fully documented including copies of bank statements, pay stubs, and proof of all monthly expenses.
IRS will do a close analysis of your statement with that of the national, and localized standards. You can find the acceptable standards on our website. Both the US trustee in bankruptcy and the IRS uses same standards.
IRS will then release your IRS tax Levy, bank levy or wage garnishment and close your case generally with a payment agreement or by placing you in hardship.
How IRS will close your case:
Approximately 6.5 million taxpayers have their cases resolve via a payment agreement and 40% of those get resolved through an IRS tax hardship.
Your financial statement will determine the way IRS deals with your situation.
LEVY RELEASE – Your levy can usually be released within 24 hours of IRS receiving your financial info.
If you owe tax to the IRS and need to settle your tax debt contact us today and we can get your IRS tax Levy, bank levy or wage garnishment released and your case settle all at the same time.
IRS will also expect all your tax returns to be current and filed.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
REMOVE NOW IRS Tax Levy, Wage Garnishment & Settle Tax Debt + Unfiled Tax Returns = Fast Affordable = Former IRS
by Jim Magary | Nov 2, 2015 | Tax Help
AFFORDABLE former IRS agents and managers we can get your IRS tax levy garnishment released and your case closed all at the same time.
Over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.
We know the system so well we taught tax law to new IRS agents. We also taught at the regional training centers.
If you have received an IRS tax levy, wage garnishment levy or wish to settle your tax debt call us today and hear the truth from IRS tax experts who have been in practice since 1982.
We know and understand the fastest and the most affordable way to go ahead and get a removal or release of an IRS tax or wage garnishment levy and settle your case to stop the IRS.
Your financial statement is the key to fast IRS wage garnishments and bank levies.
It is very important to know the IRS system to make this a seamless resolution.
The Process to get your Tax Levies Removed
IRS Tax Levies+ Bank and IRS Wage Garnishments
As former IRS agents we filed hundreds of tax levies so we understand the process and have a streamlined process to get an IRS tax Levy, Bank Levy wage garnishment levy released.
IRS Tax fact:
IRS levies 1.9 million taxpayers every year.
IRS files over 900,000 federal tax liens every year.
IRS levies because taxpayers do not respond to final notices that are sent as a result of 1058 letters. IRS sends those final notices the last known address. the burden of proof is on the taxpayer to let IRS know that they have changed addresses.
Many taxpayers find out about levies because IRS have been sending notices to wrong addresses.
If you have not responded to IRS as a result of that tax notice within six weeks of those dates you can expect an IRS bank or wage garnishment levy. IRS may follow that up with the filing of a federal tax lien.
You want to make sure IRS withholds the filing of the federal tax lien because it is very damaging to your credit report.
Before IRS releases a tax levy, bank tax levy or wage garnishment they will want a current financial statement to make a determination of how to close your case off the IRS enforcement computer.
That financial statement will be on IRS form 433F that you can find directly on our website.
This financial statement will need to be fully documented including copies of bank statements, pay stubs, and proof of all monthly expenses.
IRS will do a close analysis of your statement with that of the national, and localized standards. You can find the acceptable standards on our website. Both the US trustee in bankruptcy and the IRS uses same standards.
IRS will then release your IRS tax Levy, bank levy or wage garnishment and close your case generally with a payment agreement or by placing you in hardship.
How IRS will close your case:
Approximately 6.5 million taxpayers have their cases resolve via a payment agreement and 40% of those get resolved through an IRS tax hardship.
Your financial statement will determine the way IRS deals with your situation.
LEVY RELEASE – Your levy can usually be released within 24 hours of IRS receiving your financial info.
If you owe tax to the IRS and need to settle your tax debt contact us today and we can get your IRS tax Levy, bank levy or wage garnishment released and your case settle all at the same time.
IRS will also expect all your tax returns to be current and filed.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
REMOVE NOW IRS Tax Levy, Wage Garnishment & Settle Tax Debt + Unfiled Tax Returns = Fast Affordable = Former IRS