by Jim Magary | Jul 2, 2015 | Tax Help
Affordable former IRS agents and managers who know the system, since 1982, A plus rated BBB.
We can offer affordable IRS tax audit defense, providing different types of settlements, and if you owe back taxes, provide quick and fast affordable tax solution options.
Being former IRS agents we know the system and know all the available resolution options.
We taught these programs at the Internal Revenue Service as former IRS agent managers and teaching instructors. We know every system used by the IRS.
We have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS. We are true tax professionals.
If you have received an IRS tax Levy, bank levy or wage garnishment notice, as a general rule within 24 hours of receiving your current financial statement we can close and settle your case with the Internal Revenue Service.
There are different types of settlements and we will review with you your different tax settlement options.
If you owe IRS taxes, you’ll have to fill out for IRS form 433F, it must be completely documented along with last three months of bank statements, paystubs and monthly expenses. IRS will ask for other documents as well.
IRS will then do a careful review and place your case out of the reach of the IRS enforcement computer.
There are various closing methods that IRS will use to take your case off the system. IRS we use form 433F to make that determination.
Taxpayer or Business Cases with the Internal Revenue Service usually settle by having your account put in the currently not collectible status, asking to make a IRS payment plan or the submission of an offer in compromise to settle your back tax debt.
Your financial statement is the key to your success because it is IRS’s sole determining factor on how your case will be resolved. It is important you have a tax professional per. And negotiate your settlement with the IRS for the best results.
Just for the record, IRS levies close to 2 million taxpayers each and every year. IRS file 700,000 federal tax liens each and every year.
These are an ugly numbers but IRS will only levy because taxpayers failed to respond when IRS sent out final notices.
It is very important that taxpayers answer all IRS correspondence because it is time sensitive information.
As former IRS agents we used to issue tax levies so it only makes sense we know the quickest process to get an IRS tax levy released. as a general rule once we file the power of attorney and communicate with IRS they will stop all IRS collection action.
One of the benefits of hiring a professional tax firm is knowing the system and how to work within it.
If you are undergoing an IRS tax audit you can have a former IRS audit manager represent your best interest in front of the Internal Revenue Service.
Approximately 1% of all taxpayers get audited by the Internal Revenue Service.
However, do not play the IRS audit lottery.
If you will back tax debt to the Internal Revenue Service you will required to give IRS a back financial statement along with copies of bank statements, pay stubs and your monthly bills.
When you call our office you will not speak to a salesperson but a true IRS tax professional.
Approximately 90% of all people who advertise in this vertical are nothing more than lead generation company selling your information to third parties.
Call us for a free tax consultation.
Owe IRS Taxes + IRS Problem Help + IRS Audit, Tax Levy, Tax Lien+ Resolve Tax Debt + File Back Tax Returns + AFFORDABLE+ Helena, Kalispell, Anaconda, Havre
by Jim Magary | Jul 2, 2015 | Tax Help
If you are dealing with an IRS tax problem call us today, we are the “AFFORDABLE” professional tax firm with over 206 years of professional tax experience, since 1982. A plus rated!
We have over 60 years of direct work experience in the local, district and regional tax offices of the Internal Revenue Service.
Due to our years of experience we know the IRS system inside and out.
We have worked as IRS supervisors, IRS managers, and IRS teachings instructors.
We understand the system inside and out. As former employees we taught new IRS agents their job.
If you have any sort of IRS problem contact us today and we can review with you various solutions to go ahead and help with an IRS final notice, certified mail, intent to levy, the filing of a federal tax lien, payment plans and the settling of your case through an offer a compromise.
Before we take on any new client we give more of them a free evaluation assessment and will not take a case unless we know we can help the taxpayer client.
We will thoroughly review your case and go over various options and remedies to completely end your IRS problem or situation.
We can completely remove the stress and the worry that you have because of our knowledge and experience of the system.
If you have received an IRS final notice, we can stop IRS today with the simple filing of a power of attorney and with a direct IRS conversation. We handle all correspondence and you will never communicate with the Internal Revenue Service. You will be copied on all information that IRS sends.
We can talk to you about the removal or the filing a federal tax liens, work out a payment plan, release a tax levy or talk to you about settling your debt to the offer in compromise program.
The IRS files 700,000 federal tax liens a year and places 6.5 million taxpayers that the payment agreements.
If you are going to owe back taxes and wish a payment plan or which to reach a settlement with them call us today for a free initial tax consultation. IRS reaches settlement agreements with 43% of all taxpayers who apply for an offer in compromise.
The average settlement is $6500. Keep in mind this is the national average but varies depending on every person’s unique individual financial statement. all financial statements will need to be completely documented along with bank statements, pay stubs, and proof of all expenses claimed on any financials turned into the IRS. poker
We will lay out a very specific plan and educate you about the process of tax resolution for your individual case.
IRS Tax Billing Notices
If IRS sends you a document it is time sensitive and taxpayers must follow-up on all time sensitive letters.
The system of the IRS Tax billing Notices, you must respond to IRS tax billing notices.
Once a tax return is filed or IRS initiates a tax assessment, IRS sends out a series of five notices and those notices are sent five cycles or five weeks apart.
IRS has the option, depending on the dollar amount and the history of the taxpayer to speed up those assessments.
The IRS Billing Notices for those that owe IRS Back Taxes.
These IRS tax notices are all sent out in five-week billing cycles.
1. CP 14 – This is the notice of balance due,
2.CP 501 – This is a Bill that you still owe tax,
3. CP503 – Important, Immediate Action Required
4. CP 504 – Urgent Notice – We Intend to Levy on Certain Assets, Please Respond Now
5. CP90/CP297/ – IRS Letter 1058 – Final Notice of Intent to Levy of Your Right to a Hearing
6.CP 91- CP298 -Final IRS Notice, You must answer his Notice!
Call us today for a free tax consult!
IRS – Final Notice, Certified Mail + STOP IRS NOW + Intent to Tax Levy + IRS Lien + Payment Plans + Offer in Compromise + Helena, Kalispell, Anaconda, Havre
by Jim Magary | Jul 2, 2015 | Tax Help
We are “AFFORDABLE” Former IRS Agents & Managers that specialize in the fast,affordable removals of IRS tax levies, bank levies, and wage garnishment tax levies.
Since 1982 our firm has been resolving IRS tax matters. A plus rated BBB. Not only can we stop an IRS tax Levy, Bank Levy wage garnishment levy we can settle your tax debt at the same time.
IRS files 1.9 million tax levies each and every year. Also, IRS files 700,000 federal tax liens each and every year.
This figure includes both the bank levies and wage garnishment notices.
We have a streamlined process that can affordably solve your IRS tax debt and release your tax levy. We have released hundreds upon hundreds of IRS tax levies.
When you call our offices we will go over a variety of solutions and resolutions to not only get your IRS wage garnishment levy released but close and settle your case all at the same time.
IRS Final Notices to Levy or Seize
If you do not respond to the IRS the final notice, the IRS has no choice but to systemically send out an IRS bank or wage garnishment levy.
There Cade 2 computer system is the mother of all collection tools.
It is the largest collection computer in the world. It contains all their tax levy source material.
As a general rule, 24 hours after receiving your current and verifiable financial statement we can get your IRS tax, bank levy garnishment released and your case closed with the IRS.
There’s a very streamlined process too quickly, efficiently and for affordable fees get your IRS tax levy immediately released.
IRS Required Financial Statement- The IRS form 433F
IRS will require a current financial statement before they will release a bank levy, wage garnishment levy.
The IRS financial statement is required documentation before they can close any case.
It will need to be a form 433F.
IRS will require the last 3 months of bank statements, copy of all monthly expenses and a copy of your pay stub to verify your current financial statement.
IRS will compare your financial statement with that of the national averages and regional norms and come up with a plan to close your case off the IRS enforcement computer.
As a general rule IRS settles case by putting them into hardship, payment agreements or the recommendation of settling your tax debt to the offer in compromise.
The IRS places over 40% of their collection cases into a current tax hardship or uncollectible and over 6.5 million people enter into installment payments every year.
It is important for you to know if you owe back IRS tax debt, you will have to file all back tax returns before the Internal Revenue Service will negotiate with you.
Some of our clients are eligible for the new fresh start tax initiative called the offer in compromise to settle their tax debt for pennies on a dollar.
When speaking to somebody on our friendly staff, we will let you know if you are an eligible candidate to settle your tax debt through the offer in compromise program.
We will also let you know about the IRS pre-qualifier tool for the offer in compromise.
Last year there were 78,000 offers in compromise filed in close to 40% of more accepted by the Internal Revenue Service for average of $6500.
Call us today for a free initial tax consultation. We are the fast, friendly, and affordable professional tax firm.
Stop IRS Tax Levy NOW = Bank, Wage Garnishment Tax Levy +Former IRS + IRS Tax Levy Settlements “Affordable”
by Jim Magary | Jul 2, 2015 | Tax Help
We are a full service tax firm that specializes in all IRS tax matters.
Call us today for a free initial tax consultation and we can walk you through the IRS process of getting immediate and permanent IRS tax relief.
We have over 60 years of direct IRS work experience in the local, district, and regional tax offices of the IRS.
Areas of Professional Tax Representation
- On staff, Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Full Service Accounting Tax Firm,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A” Plus
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
Areas of Professional Tax Practice:
- Same Day IRS & State Tax Representation
- Offers in Compromise / IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction
by Jim Magary | Jul 1, 2015 | Tax Help
FST – over 60 years of direct IRS work experience, the affordable choice. We know the system inside and out.
I was a former IRS agent and teaching instructor of the offer in compromise program at the Internal Revenue Service. I worked in the local, district, and regional tax offices of the IRS.
I caution everyone before filing an offer to make sure they are qualified candidate. It is very important you walk to the pre-qualifier tool before you waste time or money to make sure you’re truly qualified to be accepted to the program.
Do not be ripped off by tax mills promising you can settle your tax debt for pennies on the dollar, while it is possible sure you are prequalified for the program.
Last year approximately 78,000 offers in compromise were filed with the Internal Revenue Service and approximately 38,000 of those were accepted.
The average settlement was $6500 per case.
Call our office for a free initial tax consultation and find out whether you are a qualified candidate to file for offer in compromise.
Have former IRS agents and managers settle your tax debt with the IRS, since 1982, A+ rated BBB. The affordable tax firm!
We have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
The writer of this blog is a former revenue officer who both worked and was a former teaching instructor of the offer in compromise which is the way IRS settles IRS tax debt. Not only did I work the program at the Internal Revenue Service of the offer compromise, I was a teaching instructor. I know the program inside and out.
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.
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 always conducts a full compliance check to make sure all tax returns are on their system.
Many times IRS looks to reject offers rather than accept them because of the sheer amount of work it takes to get one approved by management. Rejecting the offer based on a lack of filing is the easiest way for IRS to reject your offer.
Offer in Compromise
Please use the most current revision of Form 656-B in preparing and submitting your Offer in Compromise.
use of outdated forms and instructions may cause a delay in the processing of your offer application.
An offer in compromise allows you to settle your tax debt for less than the full amount you owe.
It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship.
IRS considers your unique set of facts and circumstances:
• Ability to pay;
• Income;
• Expenses; and
• Asset equity.
IRS generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.
Make sure you are eligible to settle
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.
Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.
Submit 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.
Select a payment option for OIC
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.
If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer. See your application package for details.
Understand the process for the OIC
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.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We are a full-service professional tax firm that has a unique expertise in the resolution of all IRS tax matters.
Offer in Compromise, Settle with IRS Debt + Owe Back Taxes Debt + Former IRS Agent + Settle For Less + Billings, Missoula, Great Falls, Bozeman, Butte-Silver
by Jim Magary | Jul 1, 2015 | Tax Help
“AFFORDABLE” Former IRS agents & managers who know the system can permanently resolve any IRS tax problem matter, since 1982, A plus rated. 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 .
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 true affordable IRS & State tax experts. we have over 206 years of professional tax experience in our A+ rated by the Better Business Bureau.
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. From a simple IRS notice or letter to going to Tax Court we have a solution.
IRS Tax Problems Help + Removal of 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.
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.
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.
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.
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 are the fast, friendly, and affordable professional tax firm. Since 1982, A+ rated by the BBB.
Affordable IRS Tax Problem Help Services + IRS Levy Garnishments, Tax Liens+ IRS Audits + Back Tax Returns + Offer Settle Tax
