by Jim Magary | Aug 6, 2015 | Tax Help
We are the affordable professional tax firm comprising of tax attorneys, tax lawyers, certified public accountants, and former IRS agents, since 1982. We Know the System!
We have over 60 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service. We not only were former IRS agents but teaching instructors as well.
We also have worked as IRS revenue agents, IRS revenue officers, IRS appeals officers and group managers.
We’re true IRS tax experts and have over 206 years of professional tax experience.
Because of our years at the Internal Revenue Service we know and understand the system and can get you the immediate tax help you need for affordable pricing because of our streamlined processes.We can make this a fast and seamless process for you.
Having worked in the system for over 60 years we know the fastest quickest and most affordable way to remedy your IRS problem.
If you have a problem that may be criminal in nature you can speak directly to an IRS tax attorney or tax lawyer.
If you have received an IRS tax levy or wage garnishment levy, as a general rule within 24 hours of receiving your current financial statement we can get your bank or wage levy released.
If you need to file back tax returns we can prepare your returns with little or no records by pulling tax transcripts. We can prepare your back tax returns under reconstructive methods.
If you need to make a payment plan with the Internal Revenue Service, we can review the different payment plan options and get you started so you can get this problem behind you, your case closed and settled with the IRS today.
Call us today for free initial tax consultation.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
When calling our office you will speak directly to a true IRS tax expert and not a salesperson.
So if you need to speak to a IRS tax attorney or IRS tax lawyer to get an IRS tax levy removed or because you have not filed back tax returns contact us today.
We can work out an IRS payment plan or look at the possibility of settling your tax debt to the offer in compromise program.
New York + IRS Tax Attorneys, IRS Tax Lawyers + Instantly Remove Tax Levy, Tax Lien + Not File Back Tax Returns + IRS Payment Plans + Settle Tax Debt + Offer in Compromise
by Jim Magary | Aug 6, 2015 | Tax Help
We are a full-service Christian tax firm specializing in all IRS & State of New York tax matters and problems. <><
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.
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.
We are the affordable professional tax firm.
All our work is done in-house by true Christian tax professionals.
We have over 206 years professional tax experience and over 60 years of working directly for the Internal Revenue Service. We have worked in the local, district, and regional tax offices of the Internal Revenue Service.
Our former IRS agents have worked as managers, supervisors, teaching instructors.
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.
We could get an IRS levy releases in 24 hours of receiving your current financial statement, represent you during an IRS tax audit or negotiate an IRS tax settlement.
All work is done in-house by true IRS and state tax experts.
Call us today for a free initial tax consultation.
New York + 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 6, 2015 | Tax Help
If you discover an error after filing your return, you may need to amend your return. There are many reasons why taxpayers file amended tax returns.
The IRS may correct errors in math on a return and may accept returns without certain forms or schedules. In these instances, there is no need to amend your return!
However, do file an amended return if there is a change in your filing status, income, deductions, or credits.
Also, if the Form 8938 (PDF), Statement of Specified Foreign Financial Assets, applies to you, the form must be filed with an annual return or an amended return. See When and
How To File in the Form 8938 Instructions (PDF).
Use Form 1040X (PDF), Amended U.S. Individual Income Tax Return, to correct a previously filed Form 1040 (PDF), Form 1040A (PDF), Form 1040EZ (PDF), Form 1040NR (PDF) or Form 1040NR-EZ (PDF).
You cannot file an amended tax return electronically under the e-file system.
See Where To File in the Form 1040X Instructions (PDF) for the address to mail your amended return.
If you owe additional tax for a tax year for which the due date for filing has not passed, file Form 1040X and pay the tax by the due date for that year (without regard to any extension of time to file) to avoid penalties and interest.
If the due date falls on a Saturday, Sunday, or legal holiday, filing the form and paying the tax is timely if filed or paid the next business day.
IMPORTANT + Generally, to claim a refund, you must file Form 1040X within 3 years after the date you filed your original return or within 2 years after the date you paid the tax, whichever is later. Returns filed before the due date (without regard to extensions) are considered filed on the due date.
File a separate Form 1040X for each tax year you are amending.
Mail each form in a separate envelope. Be sure to enter the year of the return you are amending at the top of Form 1040X.
The form has three columns:
• Column A shows original figures (the original return) or adjusted figures (prior amendments or exam changes).
• Column C shows the corrected figures (what they should be).
• Column B is the difference between Columns A and C. There is an area on the back of the form to explain the specific changes you are making and the reason for each change.
Attach copies of any forms or schedules affected by the change including any Form(s) W-2. You should also attach Form(s) 1099 if received after the original return filing and there is income tax withheld.
You can check the status of your Form 1040X (PDF) using the Where’s My Amended Return? (WMAR) online tool or the toll-free telephone number 866-464-2050 three weeks after you file your amended return.
Both tools are available in English and Spanish and track the status of amended returns for the current year and up to three prior years.
You must enter your taxpayer identification number (usually your Social Security number), date of birth, and ZIP code in either tool to prove your identity.
Once you authenticate, the Web tool shows an illustrated graphic to visually communicate the status of your amended return within the processing stages: Received, Adjusted, or Completed. As a reminder, amended returns take up to 16 weeks to process and up to three weeks to show up in our system.
Before that time, there is no need to call the IRS unless the tool specifically tells you to do so.
Please note: A change made on your federal return may affect your state tax liability.
For information on how to correct your state tax return, contact your state tax agency.
by Jim Magary | Aug 6, 2015 | Tax Help
We are an “AFFORDABLE ” full service tax firm that specializes in IRS tax problems. Former IRS Agents, Since 1982.
We have 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 inside and out.
We’ve trained new IRS agents their jobs, that’s how well we know the system and these years of experience can work directly for you.
If you need to file back tax returns or owe the IRS a tax debt, we can go ahead and work out an effective tax settlement for you.
Taxpayers who owe back taxes generally can settle their case by IRS. IRS will require a current financial statement to close your case off of the collection computer.
IRS after reviewing your current financial statement will either put you into a current hardship, asking for a monthly payment agreement or will consider the filing of an offer in compromise. Your current financial statement will completely determine the closing method used by IRS.
IRS Case Closures + At the current time over 40% of the cases are put into a currently not collectible file, 6.5 million taxpayers have current monthly or installment agreements and 38,000 taxpayer settled by the acceptance of an offer in compromise.
Do you have unfiled or not file tax returns?
Many people do not file back tax returns because they lost their records or because of fear.
It is important to remember IRS just want you back in the system so don’t let fear or panic set in.
If this is your case, we can go ahead and pull IRS tax transcripts and secure enough information to file back tax returns.
If you have little or few tax records that is not a problem we can prepare your returns under reconstructive methods ensure you will pay the lowest amount allowed by law. We can get you back in the system worry free.
Being a former IRS agents we understand all the techniques to get you back in the system worry free.
I caution those taxpayers who do not file to be very careful because IRS can file your tax return under 6020 B and you will pay the most amount allowed by law.
If you do not follow-up on the assessment IRS makes under 6020 B of the IRC code, the Internal Revenue Service will follow-up by the filing of a federal tax levy in a federal tax lien.
We will give you a free evaluation or analysis on the best way to settle your case for the lowest possible dollar amount if you are a suitable candidate for an offer in compromise.
When you call our office you will speak directly to a true IRS tax expert.
New York + Former IRS + Unfiled Back Tax Returns + Remove Tax Levy + Stop Tax Liens + Set up Payment Plans + File Offer in Compromise + Appeals + NYC
by Jim Magary | Aug 6, 2015 | Tax Help
We are an Affordable professional tax firm that has been resolving IRS problem since 1982, A+ rated by the BBB. Former IRS Agents
If you owe IRS BACK TAXES, we have different solutions to remedy your IRS tax problem.
We are comprised of tax attorneys, certified public accountants and former agents. We have over 206 years of professional tax experience.
We are tax experts for releases and removal IRS tax levies, provide IRS tax defense and IRS tax representation for IRS tax audit, IRS tax settlement experts, and for those wishing to make payment agreements with the Internal Revenue Service.
Since 1982 we have been representing taxpayers and businesses before the Internal Revenue Service. We are true affordable IRS tax experts.
If you owe back IRS taxes and received a tax levy garnishment, have received an IRS notice of tax audit, in need of an IRS payment plan tax settlement or installment agreement call us today to hear every option available to you to get you immediate and permanent IRS tax relief.
Our former IRS agents have logged over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
As Former IRS employees we:
1. We taught tax law at IRS.
2. We have worked to supervisors, managers and teaching instructors.
3. We have worked in almost every facet of the Internal Revenue Service.
4. Know the system inside and out.
To Remove or Release a IRS Tax Levy = IRS Tax Relief on back IRS and State Taxes
IRS usually levies one point nine million taxpayers and businesses each and every year so have you if you have received an IRS tax levy you are not alone.
IRS is the largest collection and billing machine in the world. IRS tax levy goes out systemically not a human hand catches a tax levy.
Your levy information is obtained from your tax return turn via W-2s and 1099 in other reporting information given to IRS.
An IRS tax Levy usually comes in two forms.
1. Bank levy or an,
2.IRS wage garnishment levy.
Both IRS tax levies are different. It is important for you to understand the difference.
An IRS Bank Levy puts a freeze on your money for 21 days where an IRS wage garnishment levy is an immediate seizure of your paycheck. The bank will send your frozen funds to IRS on the 22nd day.
The IRS will give you 21 days to work out a settlement before they receive the funds. your employer is mandated by law to send your next paycheck to the Internal Revenue Service if they have received a wage garnishment notice.
Certain exemptions apply but approximately 80% of your check will go to the Internal Revenue Service because of the IRS tax levy garnishment.
If you want your money back is a result of a wage garnishment levy you will have to communicate with the Internal Revenue Service or quit your job and work elsewhere.
Within 24 hours of receiving your current financial statement, and as a general rule we can get your IRS bank tax levy garnishment released and your case settled with the Internal Revenue Service.
As former IRS agents we understand every system necessary to make this a seamless and easy process for you.
Not only will we get your tax levy released we will settle your case at the same time.
If you are undergoing an IRS tax audit you can have a former IRS audit manager provide your best possible tax defense and represent your best interest during an IRS tax audit. We can make sure you pay the lowest amount of tax allowed by law.
If you will owe money we will work out tax settlement and if necessary take your case to tax appeals are tax court if warranted.
If you are wishing for an IRS tax settlement called an offer in compromise, we will be happy to walk you through the IRS prequalifier tool to see if you’re a suitable candidate before filing any offer in compromise.
IRS settles 38% of all offers and compromises that are filed for an average of $6500. Please keep in mind this national average is solely based on individual financial statements and serves as an average. Remember this is just the national average.
If those who wish to make payments to the Internal Revenue Service to resolve their debt, we will walk you through the financial statement and make an affordable payment that you can live with. When you call our office you will speak to true tax experts.
New York, Former IRS + Owe Back Taxes = IRS Tax Levy Garnishments + IRS Tax Audit Defense + Tax Settlements + IRS Payment Plans + File Tax Returns + NYC
by Jim Magary | Aug 6, 2015 | Tax Help
We can get your IRS tax levy, wage garnishment released within a 24-hour period of time and settle your case at the same time.
We are the affordable professional tax firm that knows the system. 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.
If you are in receipt of an IRS tax levy, IRS 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. We will walk through the pre-qualifier tool to make sure you are a viable candidate.
I am a former IRS offer in compromise specialist and a veteran of 10 years with the Internal Revenue Service. 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. Please keep in mind this is a national average.
IRS Tax Levy, IRS Wage Garnishment Levy Releases
Before IRS will release a tax levy, a wage garnishment or bank seizure, Internal Revenue Service will need a current documented financial statement.It is a must.
Taxpayers have received these notices of levy because they have failed to communicate with Internal Revenue Service after four billings have been sent to the last known address. in many cases taxpayers have moved and never receive the notices.
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.
Being a former IRS agent teaching instructors gives us a huge advantage and the benefit of our experience is invaluable to our clients.
IRS Financial Statement
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.
Case Closings
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.
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.
Call us today for a free initial tax consultation.
New York + Remove IRS Tax Levy NOW = AFFORDABLE Bank & Wage Garnishment Releases + Settle Tax Debt Now + File Back Unfiled Tax Returns + New York City
