by Jim Magary | Sep 1, 2015 | Tax Help
We can get your IRS tax levy, wage garnishment levy released within a 24-hour period of time and close your case at the same time.
A plus Rated, the AFFORDABLE Professional Tax FIRM.
As former IRS agents and managers we know the system inside and out.
We have a combined 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service and know exactly how to settle your case with the Internal Revenue Service.
As former IRS agents we taught tax law and tax procedure to new IRS agents.
If you are in receipt of an IRS tax levy, wage levy or bank levy garnishment contact us today and we can get your tax levy released in your case closed. Within 24 hours of receiving your fully documented financial statement we guarantee that you will have a release of your IRS bank levy or wage garnishment levy.
We will speak with you about settling your tax debt to the offer in compromise program.
Our firm will not submit an offer in compromise until we walked through the offer in compromise pre-qualifier tool to make sure that you can settle your tax debt for pennies on dollar. You should not give your money to any firm to file an offer in compromise unless they walked to this program with you.
There are many firms out there promising without having a clue about actual offers in compromise. Beware of these false companies. always check to credentials of the persons working your case.
As a IRS revenue officer I both work this program was a teaching instructor for the tax debt settlement program. I’m a true IRS tax expert for the offer in compromise.
The Internal Revenue Service accepted 38,000 offers in compromise last year for average of $6500 per settlement. Last year there were 78,000 offers in compromise filed.
Taxpayers should be aware that there is a pre-qualifier tool for the offer in compromise program. I suggest everyone the walk through this particular tool given by Internal Revenue Service to find out for a qualified candidate
IRS Tax Levy, IRS Wage Garnishment Releases
The IRS filed 1.8 million the bank and wage garnishment levies last year. So if you received a bank or wage garnishment levy you are not alone.
Before IRS will release a tax levy, a wage garnishment or bank seizure, Internal Revenue Service will need a current documented financial statement.
If your case is in the automatic collection system you will be filling out and documenting form 433F which you can find directly on our website. It is the only form the Internal Revenue Service will use.
When calling our office we will complete the form, speak to the Internal Revenue Service and within 24 hours of having your fully documented financial statement we can get your IRS tax levy released.
If the cases are in the local IRS office form 433 a will be required and a much more detailed investigation will be made on your current financial statement.
Being a former IRS agent teaching instructors gives us a huge advantage and the benefit of our experience is invaluable to our clients. We know the system inside and out.
The filling out of your financial statement is critical into the settlement of your case. using former IRS agents and managers will give you a tremendous advantage.
With that current financial statement you will need to provide IRS the last three months of your bank statements, copies of your pay stubs and your monthly expenses.
IRS does a thorough review of your financial statement therefore you want to make sure you are both honest and accurate. It is always best to have a trained tax professional prepare and negotiate your case with the Internal Revenue Service.
As a general rule, IRS will not release your levy until all your tax returns are filed. We can prepare all your back tax returns with little or no records. We are tax experts for reconstruction. We can also secure information from IRS tax transcripts.
Internal Revenue Service usually closes your case off the enforcement two general ways: Based on your current financial statement, IRS will put you in a currently uncollectible file or put you in a payment agreement.
Over 40% of collection cases wind up in a current tax hardship and 6.5 million other taxpayers are put into monthly installment payment plans.
It is important you file all back tax returns if not the IRS can file for you under 6020 B of the Internal Revenue Code and they will make sure you get no deductions.
IRS will not give any non-filer any deductions or exemptions that they prepare under 6020B.
IRS may fail to release an IRS tax levy wage garnishment or bank levy because taxpayers have failed to file back tax returns. We can file your return visit a 48 hour period of time.
After the review of your IRS financial statement we can let you know whether you are a possible debt settlement candidate for the offer in compromise program. After speaking to us you will fully know the IRS collection system.
One last note of interest, it is very critical all taxpayers respond to all IRS notices because IRS intends to follow-up on all the dates given on each and every notice sent.
Call for free initial tax consultation.
When you call our office you will speak to a true IRS tax professional.
Release NOW + IRS Bank Tax Levy + Wage Garnishment Levies & Settle Tax Debt NOW + File Back Returns + Former IRS + Fast Affordable + 11365, 11366, 11367, 11361, 11362, 11363, 11364
by Jim Magary | Sep 1, 2015 | Tax Help
We are former IRS Agents & Managers who know the system, since 1982. A plus Rated. Low Cost Options
We have been in private practice since 1982 and are true affordable tax experts in resolving individual, business and payroll taxes debt. We have over 206 professional tax experience.
If you owe the Internal Revenue Service back taxes or back tax debt, it only makes sense to hire former IRS agents and managers who know the system inside and out. We understand all the protocols and systems to affordably and swiftly deal with any IRS tax issue.
We can help anyone who owes any federal, State, individual, business, or payroll taxes including those who have not filed back tax returns and those wishing to settle IRS tax debt.
We have over 60 years of direct work experience at the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
If you owe back taxes whether it be individual, business/corporate, back payroll taxes contact us today and we can review with you different tax solutions to go ahead and permanently and immediately remedy your problem from the Internal Revenue Service.
Filing of Back Tax Returns
If you have not file tax returns, our former IRS agents can prepare your back tax returns with little or no records and settle your tax debt at all at the same time.
Make sure you file your back tax returns because IRS enjoys the privilege of filing your back tax returns under 6020 B of the code if you fail to file back taxes.
They will file your return to make sure you pay the highest amount allowed by law. If this is happened to you, you can file for an IRS audit reconsideration.
IRS Required Financials Statements for the IRS
If you owe back taxes and as a general rule your financial statement will determine how IRS will close your settle your case. Form 433F.
If you owe individual, business or payroll taxes, we will take a current financial statement contact the IRS and work out an affordable individual or business payment plan and/or file and settle the tax if applicable.
It is critical that you understand the importance of your current financial statement because it will determine the outcome of your case.
Your last 3 to 6 months of your financial condition is IRS’s determining factor on your case resolution.
Most cases in which back tax debt is owed to Internal Revenue Service will require a current and verifiable financial statement. You can find those financial statements directly on our website. When you call us we will give you the financial statement applicable to your case.
As a general rule, when taxpayers or businesses owe back individual or payroll taxes, IRS closes case out by putting them into hardships, asking for payments or the settlement through the offer in compromise.
These are the three most common ways that IRS close cases off their enforcement computer.
Tax Facts
40% of all taxpayers that owe back taxes to the IRS get put in the tax hardships, 6.5 million people get put into payment plans and 40,000 people get offers in compromise accepted.
We will explore every option and can get you the very best possible tax settlement.
Since 1982 we have been resolving IRS tax debt for individuals, businesses and corporations that owe back federal taxes including payroll tax debt.
Call us today for a free initial tax consultation. We are true tax professionals.
IRS Taxes Debt Help = Owe Back Taxes = Individual, Business, Payroll Taxes + Not Filed Tax Returns + Trust Fund Taxes – Settle with IRS
by Jim Magary | Sep 1, 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.
All our work is done in-house. We specialize in IRS & NY State tax problem help 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 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 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
A simple telephone call to our firm within minutes you will value on the best with your tax acquisition.
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.
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 Facts:
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.
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.
by Jim Magary | Sep 1, 2015 | Tax Help
Affordable Former IRS Agents & Managers, We know the System. Since 1982. Low Cost Options.
If you owe back IRS or State of New York 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.
Based on your set of circumstances we can accurately predict the outcome 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 exactly 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 tax returns with little or few records. At some point in time you are going to have to file your back tax returns.
IRS Installment Agreements or IRS Payment Plan Agreement plans
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. 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.
IRS Settle 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
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
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 returns.
Trust Fund Tax Debt
If the Internal Revenue Service is in process of setting up a trust fund recovery penalty or they have already made an assessment, call us today and we will review the various options about reducing your tax debt. Trust fund penalties are considered individual assessments and are collected like personal income tax.
Owe IRS + Back Payroll Taxes + Trust Fund Penalty Tax Debt + Affordable Former IRS + Settle Tax Debt + Haven’t filed Back Tax Returns + 11365, 11366, 11367, 11361, 11362, 11363, 11364
by Jim Magary | Sep 1, 2015 | Tax Help
We can get your IRS bank levy or wage garnishment levy released within a 24-hour period of time and close your case at the same time. A plus Rated BBB. FST is “The Affordable Tax Firm”
Since 1982. As former IRS agents and managers we know the system!
We have a combined 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service and know exactly how to settle your case with the Internal Revenue Service. We have a very streamlined in affordable pricing to end your IRS situation once and for all.
Within 24 hours of receiving your fully documented financial statement we guarantee that you will have a release of your IRS bank levy or wage garnishment levy.
We will speak with you about settling your tax debt to the offer in compromise program.
Our firm will not submit an offer in compromise until we walked through the offer in compromise pre-qualifier tool to make sure that you can settle your tax debt for pennies on dollar.
You should not give your money to any firm to file an offer in compromise unless they walked to this program with you.
As a revenue officer I both work this program was a teaching instructor for the tax debt settlement program. I’m a true IRS tax expert for the offer in compromise.
How IRS Settles Back Tax Cases
The Internal Revenue Service accepted 38,000 offers in compromise last year for average of $6500 per settlement. Last year there were 78,000 offers in compromise filed. Please keep in mind this is a national average.
Results are completely dependent on your financial statement.
Taxpayers should be aware that there is a pre-qualifier tool for the offer in compromise program. I suggest everyone the walk through this particular tool given by Internal Revenue Service to find out for a qualified candidate
Liens and Levies
The IRS filed 1.8 million the bank and wage garnishment levies last year.
So if you received a bank or wage garnishment levy you are not alone.
Before IRS will release a tax levy, a wage garnishment or bank seizure, Internal Revenue Service will need a current documented financial statement.
If your case is in the automatic collection system you will be filling out and documenting form 433F which you can find directly on our website. It is the only form the Internal Revenue Service will use.
When calling our office we will complete the form, speak to the Internal Revenue Service and within 24 hours of having your fully documented financial statement we can get your IRS tax levy released.
If the cases are in the local IRS office form 433 a will be required and a much more detailed investigation will be made on your current financial statement.
If this is the case a revenue officer out of the local office will be looking at your case. The revenue officer will look at your case more in-depth than the ACS unit.
Being a former IRS agent teaching instructors gives us a huge advantage and the benefit of our experience is invaluable to our clients. We know the system inside and out.
The filling out of your financial statement is critical into the settlement of your case. using former IRS agents and managers will give you a tremendous advantage.
With that current financial statement you will need to provide IRS the last three months of your bank statements, copies of your pay stubs and your monthly expenses. IRS does a thorough review of your financial statement therefore you want to make sure you are both honest and accurate.
As a general rule IRS will not release your levy until all your tax returns are filed. We can prepare all your back tax returns with little or no records. We are tax experts for reconstruction.
Internal Revenue Service usually closes your case off the enforcement two general ways: Based on your current financial statement, IRS will put you in:
1. currently uncollectible file,or
2. put you in a payment agreement.
Over 40% of collection cases wind up in a current tax hardship and 6.5 million other taxpayers are put into monthly installment payment plans.
It is important you file all back tax returns if not the IRS can file for you under 6020 B of the Internal Revenue Code and they will make sure you get no deductions.
IRS may fail to release an IRS tax levy wage garnishment or bank levy because taxpayers have failed to file back tax returns.
After the review of your IRS financial statement we can let you know whether you are a possible debt settlement candidate for the offer in compromise program.
One last note of interest, it is very critical all taxpayers respond to all IRS notices because IRS intends to follow-up on all the dates given on each and every notice sent.
Call for free initial tax consultation and hear the truth we are the affordable professional tax firm.
When you call our office you will speak to true tax professionals and not salespeople.
IRS Bank & Wage Garnishment Tax Levy Releases NOW + Affordable + Former IRS + Settle Your Case Now + 11365, 11366, 11367, 11361, 11362, 11363, 11364
by Jim Magary | Sep 1, 2015 | Tax Help
We can get your old tax liens released.
Everything dies at some point in time and so does the IRS time period to collect back taxes.
Generally, the IRS statue of limitation runs 10 years from the original date of assessment.
What is the date of assessment?
It is the day or date the IRS actually processes your tax return on their IRS computer system. It is known on IRS tax transcripts as the TC 150 date. You can pull a IRS tax transcript to find out your statue date.
What all this means is that the IRS has ten years to collect any and all money from the taxpayer during those 10 years. If the IRS fails to do so the IRS tax debt becomes legally unenforceable. It is gone, finished, never to be seen again.
So lets look at the common exceptions of the ten rule and what tolls or extends the statute of limitation.
1. Bankruptcy ( Any Chapter)
The collection statute of limitations, in a case under the Bankruptcy Code, is suspended while the Service is prohibited by reason of the case from collecting, and for 6 months thereafter.
2. Judgment/Litigation
The statute of limitations for collection is found in IRC 6502. When a suit to reduce the tax liability to judgment is in the government’s interest, it must be filed prior to the statute’s expiration. The filing of a suit to reduce the tax liability to judgment will suspend the collection statute during litigation.
3. Collection Due Process (CDP) Appeal
The statute is suspended from the date the IRS receives a timely filed request for a CDP hearing to the date the taxpayer withdraws their request for a CDP hearing or the date the determination from Appeals becomes final, including any court appeals. If 90 days is not remaining on the statute of limitations when the determination becomes final, the statute of limitations is extended to equal 90 days. The collection statute is not extended for equivalency hearings.
4.Offer In Compromise.
( OIC ) there are so many rules regarding this statute it is best to call a tax professional. generally it tolls for the time it is in OIC status.
5. Installment Agreements With Form 900 Waiver
Form 900 Waiver will only be executed in connection with granting a partial payment installment agreement and only in certain situations.IRS Policy dictates Form 900 Waiver is limited to no more than five years, plus up to one year to account for changes in the agreement.Relief From Joint And Several Liability On Joint Returns/Innocent Spouse
6.Taxpayer Living Outside the U.S.
The period of limitations on collection after assessment is suspended while the taxpayer is outside the United States if the absence is for a continuous period of at least six months per IRC 6503(c). To make certain that the Government has an opportunity to collect the tax after the taxpayer’s return, the period does not expire (where the taxpayer has been out of the country for six months or more) until six months after the taxpayer’s return to the country.
7. At the end of the 10 years you may contact our office to find out how to get your federal tax lien released.
