by Jim Magary | Oct 19, 2015 | Tax Help
The Importance of Workforce Size Under the Employer Shared Responsibility Provisions
Under the Affordable Care Act, certain employers called applicable large employers are subject to the employer shared responsibility provisions.
An employer that is subject to the employer shared responsibility provisions may choose to offer affordable minimum essential coverage that provides minimum value to its full-time employees and their dependents, or to potentially owe an employer shared responsibility payment to the IRS.
Many employers already offer coverage that is sufficient to avoid owing a payment.
Whether a you are an applicable large employer, and are therefore subject to the employer shared responsibility provisions, depends on the size of the your workforce.
The vast majority of employers fall below the workforce size threshold and, therefore, are not subject to the employer shared responsibility provisions.
You will determine each year – based on your average employee count for the 12 months of the prior year – whether you’re an applicable large employer for the current year.
Just for 2015, an employer may measure over any consecutive six-month period during 2014, rather than measuring all 12 months of 2014.
A full-time employee is an employee with at least 130 hours of service in a calendar month. To determine your number of your full-time equivalent employees for each month, you combine the number of hours of service for all non-full-time employees – up to 120 hours per employee – and divide the total by 120.
If you had fewer than 50 full-time employees in the preceding year, including full-time equivalent employees, you are not an applicable large employer for the current year.
If you had 50 or more full-time employees in the preceding year, including full-time equivalent employees, you are an applicable large employer for the current year. However, for 2015, employers with fewer than 100 full-time employees, including full-time equivalent employees, in 2014 will not be subject to an employer shared responsibility payment if they meet certain conditions.
Question 34 on the employer shared responsibility employer shared responsibility provision questions and answers page on IRS.gov/aca provides more details regarding these conditions.
All types of employers can be applicable large employers, regardless of the nature of the organization; this includes, for example, tax-exempt organizations and government entities.
For more information about how to determine whether your organization is an applicable large employer, including special rules for seasonal workers, new employers, and related employers, see Determining if an Employer is an Applicable Large Employer.
For more information on the employer shared responsibility provisions in general, see IRS.gov/aca.
For more information on the information reporting responsibilities that apply to applicable large employers see our Questions and Answers on Reporting of Offers of Health Insurance Coverage by Employers.
by Fresh Start Tax | Oct 19, 2015 | Tax Help
The Importance of Workforce Size Under the Employer Shared Responsibility Provisions
Under the Affordable Care Act, certain employers called applicable large employers are subject to the employer shared responsibility provisions.
An employer that is subject to the employer shared responsibility provisions may choose to offer affordable minimum essential coverage that provides minimum value to its full-time employees and their dependents, or to potentially owe an employer shared responsibility payment to the IRS.
Many employers already offer coverage that is sufficient to avoid owing a payment.
Whether a you are an applicable large employer, and are therefore subject to the employer shared responsibility provisions, depends on the size of the your workforce.
The vast majority of employers fall below the workforce size threshold and, therefore, are not subject to the employer shared responsibility provisions.
You will determine each year – based on your average employee count for the 12 months of the prior year – whether you’re an applicable large employer for the current year.
Just for 2015, an employer may measure over any consecutive six-month period during 2014, rather than measuring all 12 months of 2014.
A full-time employee is an employee with at least 130 hours of service in a calendar month. To determine your number of your full-time equivalent employees for each month, you combine the number of hours of service for all non-full-time employees – up to 120 hours per employee – and divide the total by 120.
If you had fewer than 50 full-time employees in the preceding year, including full-time equivalent employees, you are not an applicable large employer for the current year.
If you had 50 or more full-time employees in the preceding year, including full-time equivalent employees, you are an applicable large employer for the current year. However, for 2015, employers with fewer than 100 full-time employees, including full-time equivalent employees, in 2014 will not be subject to an employer shared responsibility payment if they meet certain conditions.
Question 34 on the employer shared responsibility employer shared responsibility provision questions and answers page on IRS.gov/aca provides more details regarding these conditions.
All types of employers can be applicable large employers, regardless of the nature of the organization; this includes, for example, tax-exempt organizations and government entities.
For more information about how to determine whether your organization is an applicable large employer, including special rules for seasonal workers, new employers, and related employers, see Determining if an Employer is an Applicable Large Employer.
For more information on the employer shared responsibility provisions in general, see IRS.gov/aca.
For more information on the information reporting responsibilities that apply to applicable large employers see our Questions and Answers on Reporting of Offers of Health Insurance Coverage by Employers.
by Jim Magary | Oct 19, 2015 | Tax Help
“AFFORDABLE” Former IRS agents & managers who know the system, Since 1982. Low Cost Options. A plus Rated BBB
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 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.
I am a former IRS revenue officer and former instructor who taught IRS collection agents their jobs.
We know the system inside and out to get you the best possible tax results.
We are uniquely qualified to help you with any IRS problem or matter.
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.
End 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.
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.
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.
IRS Tax Facts:
1. 40% of all people who owe IRS tax debt have their cases put into what is called a
2. 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.
If you are undergoing an IRS tax audit you can have a former IRS audit manager represent your best interest and provide the best possible tax defense.
Call us today for a free initial tax consultation and speak with the true IRS tax expert.
We have over 206 years of professional tax experience.
We are the fast, friendly, and affordable professional tax firm.
Affordable IRS Tax Problem Help Services + Stop IRS Levy Garnishments NOW + File Back Tax Returns + Offer to Settle Tax Debt + Los Angles
by Fresh Start Tax | Oct 19, 2015 | Tax Help
“AFFORDABLE” Former IRS agents & managers who know the system, Since 1982. Low Cost Options. A plus Rated BBB
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 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.
I am a former IRS revenue officer and former instructor who taught IRS collection agents their jobs.
We know the system inside and out to get you the best possible tax results.
We are uniquely qualified to help you with any IRS problem or matter.
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.
End 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.
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.
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.
IRS Tax Facts:
1. 40% of all people who owe IRS tax debt have their cases put into what is called a
2. 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.
If you are undergoing an IRS tax audit you can have a former IRS audit manager represent your best interest and provide the best possible tax defense.
Call us today for a free initial tax consultation and speak with the true IRS tax expert.
We have over 206 years of professional tax experience.
We are the fast, friendly, and affordable professional tax firm.
Affordable IRS Tax Problem Help Services + Stop IRS Levy Garnishments NOW + File Back Tax Returns + Offer to Settle Tax Debt + Los Angles
by Fresh Start Tax | Oct 19, 2015 | Tax Help
We can resolve any IRS Tax Debt including Payroll Tax Debt. The Affordable Tax Firm, Former IRS. Since 1982.
If you owe back IRS or State of California tax debt and wish to settle your case with the IRS, call us today for a free initial tax consultation.
We are true tax experts, since 1982, with over 206 years of professional tax experience. Simply put, we know the system.
When you call our office you will speak directly to a true IRS tax expert.
When you call our office you can 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.
Based on your set of circumstances we can accurately predict the outcome of your case, therefore planning ultimately will help the results of your case.
We have worked so many cases and understand the tendencies of the Internal Revenue Service so we can accurately predict outcomes of most cases with relative certainty.
Once we have reviewed your current financial statement as a general rule we will tell you how your case is going to close.
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 or past due tax returns with little or few records. At some point in time you are going to have to file your back tax returns.
Whatever you do not be afraid to file your past-due tax returns we can get you back in the system seamlessly.
Making IRS Payments Plans = IRS Installment Agreements
Last year alone, 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 can impact the results of every case unless you qualify for a streamlined payment.
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 and expenses.
The Internal Revenue Service will conduct a full review on your financial statement. You want to make sure your financial statements are both accurate and honest. IRS reserves the right to pull credit reports when necessary.
The more you all the more thorough review from the Internal Revenue Service.
How the IRS Settle Tax Debt
Offer in Compromise/ IRS Tax Settlements/Pennies on a Dollar 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.
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.
IRS TAX LEVIES
Removals an IRS Tax Levy + IRS Bank Levy + IRS Wage Garnishments
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
It’s always best to file your tax returns before IRS contacts you.
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 tax experts for IRS tax reconstruction or IRS audit reconsideration.
We are A+ rated by the Better Business Bureau. When you call our office you’ll speak directly to a true IRS tax expert.
IRS Tax Help + Owe Back Payroll Taxes + Trust Fund Tax Debt + Former IRS + Payments Plan Options+ Settle Debt + Haven’t filed Back Tax Returns
by Fresh Start Tax | Oct 19, 2015 | Tax Help
Settle Your Tax Debt, Former IRS Agents & Managers to know the system. Low cost Options. Affordable, Since 1982. A plus Rated
If you wish to settle back IRS taxes you can call us today to learn about the different systems IRS uses to settle back tax debt.
I am a former IRS agent revenue officer who both work the offer in compromise program and taught it to new IRS agents. I know the system inside and out.
Most likely, your current financial statement will determine the outcome therefore the submission preparation of your financial statement is the key to success.
We have a combined 60 years of direct work experience at the Internal Revenue Service.
If you have any back tax issues with the Internal Revenue Service or have not filed back income/business tax returns, we can settle your case all at the same time.
There is a very specific format for the compromise.
There is a huge advantage of having former IRS agents prepare your offer in compromise.
Why is Fresh Start Tax LLC is a much different firm than other companies.
We do our own work in-house, most companies sub their work out to back-end offices.
We have over 60 years of direct work experience working in the local, district and regional tax offices of the IRS. We have worked as managers, instructors, and teaching agents.
Some of our staff have put on joint forums with the Internal Revenue Service. We have an excellent working relationship with Uncle Sam.
Understanding the system is a huge part of getting success when dealing with IRS.
Offer in Compromise + Settling Tax Cases on Back Taxes Debt
If you want to settle your back taxes, IRS will require a current financial statement along with full documentation.
IRS rules require form 433 OIC and 656, along with bank statements, copy of pay stubs, and monthly expenditures.
IRS conducts a thorough review of your current financial statement and compares that with the national, regional, and localized standards to ensure that everybody is getting the same treatment.
The IRS will use a six-month time frame to make determinations on your case. In some cases the IRS can ask for the last year.
It is important a true professional fill-out the financial statements because we know exactly what IRS is looking for and can help navigate the waters to get you achieved results.
Filing Back or Unfiled Tax Returns+ Past Due Tax Returns
Over 16 million taxpayers do not file annual tax returns.Wow!
At some point if you do not file the Internal Revenue Service will catch up with you do not keep your head in the sand.
It is just a matter of time until somebody will knock on your door. I know this because I’m a former IRS agent and has done this for a living.
If you have not filed tax returns we can prepare your returns with little or no records do our reconstructive methods we learned IRS.
If you did not file your back tax returns, IRS can prepare them for you and you will owe more money than you should. IRS as the ability under 6020B to file for you.
If you do not respond to the IRS bills and notices they send out as a result of filing your tax returns IRS will follow-up with tax levies in the filing a federal tax liens.
We can prepare your back or on file tax returns with little or no tax records. We are IRS experts and tax reconstruction.
If the IRS has already filed your back tax returns and they are grossly inaccurate, call us today for us to file for an IRS audit reconsideration.
Do not be afraid of filing your tax returns with IRS because at some point in time they will catch up with you.
Call us today for a free initial tax consultation and speak to a true IRS tax expert who can help you through any IRS tax problem or matter.
We have over 206 years of professional tax experience and are A+ rated by the Better Business Bureau.
When you call our office you will speak to a true IRS tax professional who can walk you through the IRS settlement process to reduce and resolve your tax debt.
File IRS Offer in Compromise Help + Former IRS + Affordable + Tax Debt Settlements + Reduce IRS Taxes + File Back Tax Returns
