by Jim Magary | Aug 14, 2015 | Tax Help
We are a full-service “AFFORDABLE” Christian Tax Firm specializing in all IRS & State of New York tax matters and problems. <>< We can STOP the IRS, Since 1982.
We have been in private practice since 1982 and are a biblical-based tax firm. We are A+ rated by the Better Business Bureau.
Proverbs 12:15 ESV
The way of a fool is right in his own eyes, but a wise man listens to advice.
Proverbs 11:14 ESV
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
The FST Staff:
We are composed of tax attorneys, CPAs, and former IRS agents. We have over 206 years of professional tax experience.
FST can handle any IRS or State tax matter, tax problem and offer options and resolutions to bring your IRS or State tax problem to immediate and permanent end. Let our 60 years of combined IRS experience work for you.
All our work is done in-house by true Christian tax professionals.
On staff are Christian tax attorneys, Christian tax lawyers, Christian certified public accountants, Christian enrolled agents and Christian former IRS agents. We are a solid biblical-based firm.<><
If you are looking for any tax relief from the Internal Revenue Service we are a full-service firm with expertise in all IRS matters.
Call us today for a free initial tax consultation.
Christian IRS Tax Relief Help + Stop IRS Tax Levy Garnishment + Tax Liens + Settle Tax Debt + Filed Back Tax Returns + IRS Audits + IRS & State Tax Representation
by Jim Magary | Aug 14, 2015 | Tax Help
An “Affordable Professional Tax Firm” that specializes in IRS and state tax resolution. Affordable New York Tax Experts, Since 1982.
We are former IRS Agents & Managers who know the system, since 1982. A plus Rated BBB.
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 IRS systems protocols and procedures to get you immediate and permanent IRS IRS tax relief.
We can help anyone who owes any federal, State, individual, business, or 941 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. while employed at Internal Revenue Service we taught tax lot of new IRS agents.
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.
Please Note:
It is important to understand, those who will owe back taxes that your current financial statement will usually determine the outcome of your case.
Therefore the preparation and the completion of your financial statement is the key to success and negotiation with the IRS is critical.
Filing of Back or Past Due 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 keeps all your income records for seven years.
IRS Required Financials Statements, 433F
If you owe back taxes and as a general rule your financial statement will determine how IRS will close your settle your case.
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.
IRS has the option to determine the period of time and wish they can review your financial records. 3 to 6 months is generally the time periods they choose and is a good reflection of your ability to pay or inability not to pay.
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.
1. 40% of all taxpayers that owe back taxes to the IRS get put in the tax hardships,
2. 6.5 million people get put into payment plans and ,
3. 40,000 people get offers in compromise accepted.
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 the fast, friendly, and affordable professional tax firm.
End IRS Tax Problems + Former IRS + Levies + Audits + Payroll Tax Debt + Back Tax Returns + Settlements + Liens + Payment Options = Syracuse, Albany, New Rochelle, Mount Vernon, Schenectady
by Jim Magary | Aug 14, 2015 | Tax Help
We are Affordable IRS Tax Experts. We have been in practice since 1982, Former IRS, A plus rated by the BBB. We Know the System!
We can resolve IRS Payroll Tax Debt or any back tax issue!
If you owe back IRS tax debt and wish to settle your case with the IRS, call us today for a free initial tax consultation.
When you call our office you will speak directly to former IRS agents, managers and tax instructors that have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Based on your set of circumstances we can accurately predict the outcome of your case. 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.Over 16 million taxpayers do not file annual tax returns.
IRS Installment Agreements or IRS Payment Plan Agreements
Last year the Internal Revenue Service granted close to 6.5 million IRS payment plans, installment agreements and streamlined payment plans to taxpayers. Your current financial statement will determine if you are installment agreement candidate.
It is important you have a tax professional fill out your financial statement. Keep in mind your financial statement will need to be fully documented.
Call us today for free initial tax consultation and we will walk you through the process to get you an IRS payment plan, installment agreement or tell you how to make an affordable monthly streamlined payment with the Internal Revenue Service.
Offer in Compromise/ IRS Tax Settlements/Pennies on a Dollar
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.
The offer in compromise program is not for everyone. The IRS has a pre-qualifier tool that we have all our clients walk through to make sure they are an eligible candidate before they waste any time or money.
When you call our office you will speak directly to a former IRS agent who both worked and taught the program for IRS. The writer of this blog is a former IRS agent and teaching instructor.
Remove 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. The system is the same throughout the entire United States.
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 return.
We are A+ rated by the Better Business Bureau, since 1982. The fast, friendly, and affordable professional tax firm.
Owe IRS Taxes + Owe Back Payroll Taxes + Trust Fund + Payment Plans + settlements + Audits + Former IRS + Syracuse, Albany, New Rochelle, Mount Vernon, Schenectady
by Jim Magary | Aug 14, 2015 | Tax Help
We are an “AFFORDABLE ” professional IRS & State tax firm that has been in private practices 1982.
We can completely resolve your case! We know the System.
If you wish to settle back IRS taxes , call us today to learn about the different systems IRS uses to settle back tax debt. We are certified tax experts.
If you have any back tax issues with the Internal Revenue Service or have not filed back income tax returns, we can result in settle your case all at the same time.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Fresh Start tax LLC is a much different firm than other companies.We do exactly what we say!
We do our own work in-house, most companies sub their work out to backend offices.
We are staffed with tax attorneys, CPAs and former IRS agents. Our vast experience and knowledge with the Internal Revenue Service works in your favor.
If you want to settle your back taxes, IRS will require a current financial statement along with documentation. Your current financial statement is the key to success. It is IRS’s sole determining factor on how your case will close.
IRS rules require only form 433F or 433A may be used along with bank statements, copy of pay stubs, and monthly expenditures.
The Internal Revenue Service will compare your expenses against your income and compare that to that of the national, regional, and localized standards and come up with the ruling. the Internal Revenue Service will only subtle cases after reviewing your current documented financial statement.It is critical taxpayers understand a true professional has a high value in getting you the best possible results.
Over 16 million taxpayers do not file annual tax returns.
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
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
IRS levies approximately 1.9 million taxpayers each and every year.
We can remove an IRS tax or wage garnishment levy within 24 hours of receiving your current financial statement and or get you placed into a payment program or tax hardship depending on your situation. Call us today to learn more.
We are A+ rated by the Better Business Bureau.
IRS Taxes + Settle Back Debt + Unfiled Tax Returns + IRS Levy’s + IRS Payments + IRS Problems = Former Agents * Fast Affordable* Syracuse, Albany, New Rochelle, Mount Vernon, Schenectady
by Jim Magary | Aug 14, 2015 | Tax Help
We are AFFORDABLE IRS tax specialist for the offer in compromise for those wishing to settle their IRS tax debt.
Former IRS Agents & Managers, since 1982.
We are composed of former IRS agents and managers who were former employees of the Internal Revenue Service.
We know the system.
I am a former IRS agent and teaching instructor of the offer in compromise or tax debt settlement program along with other IRS programs and systems.
We have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
You can call us today for free initial tax consultation and find out if you are a true offer in compromise tax debt settlement candidate.
Due to the new fresh start initiative set out by the Internal Revenue Service many more taxpayers are eligible for the tax debt settlement.
The Internal Revenue Service is making the offer in compromise or the IRS tax debt settlement an easier process.
As a former IRS agent I would let all individuals who are trying to settle their debt on the own to understand that this is a long process.
Right now there are 7500 cases in the IRS Q. the average wait time is currently nine months.
IRS is swamped with cases and they have few employees to work the volumes of offers currently in the system.
Before a taxpayer or client thinks about the filing of an offer in compromise they should check out the IRS offer in compromise pre-qualifier tool first. When you call our office we walked to the pre-qualifier tool to make sure you were a qualified candidates are you are not wasting your time or money.
It is important to know you will that all back tax returns will have to be filed, up-to-date and current on the IRS computer system before the Internal Revenue Service will accept an offer in compromise. IRS will return your offer in compromise for unfiled tax returns.
Last year there were 78,000 offers in compromise were filed with the Internal Revenue Service, 38% of those were accepted for an average of $6500 per case.
About 20% of all offers in compromise go to the Appellate Division for settlement.
You should know that not everyone is an offer in compromise candidate to settle their tax debt.
Make sure you are eligible for the OIC
Before IRS can consider your offer, you must be current with all filing and payment requirements.
You are not eligible if you are in an open bankruptcy proceeding.
Submitting your offer in compromise
You’ll find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF). Your completed offer package will include:
• Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;
• Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
• $186 application fee (non-refundable); and
• Initial payment (non-refundable) for each Form 656.
Selecting a payment option for the Offer
Your initial payment will vary based on your offer and the payment option you choose:
• Lump Sum Cash:
Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
• Periodic Payment:
Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.
Understand the OIC process
While your offer is being evaluated:
• Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);
• A Notice of Federal Tax Lien may be filed;
• Other collection activities are suspended;
• The legal assessment and collection period is extended;
• Make all required payments associated with your offer;
• You are not required to make payments on an existing installment agreement; and
• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
Please keep in mind that if you have had an offer in compromise rejected you may file another offer at any point in time.
We are a full-service professional tax firm that has a unique expertise in the resolution of all IRS tax matters.
Hear the truth today from an expert tax firm on IRS tax resolution matters.
We are the fast, friendly, and affordable professional tax firm.
As a side note, taxpayers should be aware that all tax returns must be filed before they can have an improved offer in compromise. We can prepare any and all back tax returns.
IRS Offer in Compromise + IRS Tax Debt Settlement Forgiveness Program + Settle Tax Debt + Former IRS Offer Specialist + Syracuse, Albany, New Rochelle, Mount Vernon, Schenectady
by Jim Magary | Aug 14, 2015 | Tax Help
We are an “Affordable” Professional Tax Firm” team of former IRS agents and managers who have over 60 years working for the IRS.
Since 1982, We have resolving taxpayer IRS Tax Debt.
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 tax specialist for all IRS collection division problems including payment plans and offers compromise. I am a former IRS revenue officer in IRS expert in collection matters.
The Internal Revenue Service is the largest collection agency in the world and has tools that can make your life miserable.
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.It is important that all taxpayers answer all IRS correspondence. IRS’s systematic system will make sure you follow up and take any enforcement action necessary for the taxpayer to be fully compliant.
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.
If you have received a federal tax lien we can go over the various options to go ahead and get your tax lien released.
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.
Please note that any taxpayer who owes back federal taxes will be required to give IRS a current financial statement. The key to success in dealing with IRS is the preparation of those financial statements. Call us today to learn more.
Call us today and speak to a true IRS tax professional, you will hear the truth.
IRS Tax Debt Relief + Tax Bills Notice + Stop IRS Levy + IRS Paycheck Garnishment + IRS Seizure + Tax Lien + Payment Plans + Offer in Compromise = Syracuse, Albany, New Rochelle, Mount Vernon, Schenectady
