by Jim Magary | Jul 1, 2015 | Tax Help
Over 60 years with the IRS in the local, district and regional tax office of IRS. We know the System, let our knowledge work for you! ” The AFFORDABLE professional tax firm.”
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We have over 206 years of professional tax experience. We know the system inside and out.
If you owe back taxes to the Internal Revenue Service and are looking for IRS tax debt relief on a federal, individual, business or payroll tax matter, call us today and hear the truth about your case. With over sixty years at the Internal Revenue Service we know every system possible.
We can resolve any IRS tax problem whether it be state of federal.
We have worked in the local, district, and regional tax offices of the IRS. Our former IRS agents have worked as managers, supervisors, and teaching IRS instructors.
We are the affordable solution if you owe back IRS tax debt on individual, business or payroll taxes. We can handle anything from a simple notice or letter going to tax court.
In dealing with the IRS on back taxes it is important to know for any individual, business or payroll tax case that you be current in the tax year you are in. You must be fully compliant and all back tax filings.
That is, IRS will want you current in your withholding, estimate or current payroll tax deposits.
The Internal Revenue Service may refuse to work with all clients who cannot keep up with current payment requirements.
FST will lay out a complete working system for you to cooperate with Internal Revenue Service to ensure that you will get to deal you are looking for with the IRS, one that you can live with.
Current financial statement. The 433F 433A
Your current financial statement will determine how the Internal Revenue Service will close your case.
This is applicable for all individual, business and corporate clients.
If you are dealing with the ACS unit you will need to use financial statement number 433F if you are dealing in the local office you will need financial statement form 433 a, both can be found on our website.
That financial statement will need to be completely verified and documented to support the numbers on it.
IRS will do a thorough review on your financial statements so you want to make sure your accurate and honest.
IRS will want to verify your financial statement via bank statements, copy of monthly expenses and a copy of pay stubs to verify income. After reviewing your financial statement we will give you a list of other documents the IRS may require.
IRS closes most cases by putting taxpayers and hardships, asking for a monthly payment agreement or the filing of an offer in compromise. After we review your financial statement we will give you your best option is solution to your particular situation.
When you call our office and know that all work is done in-house by a truly seasoned and professional tax staff.
We are the fast, friendly professional tax firm when it comes to dealing with those who all back IRS taxes and are seeking IRS tax debt relief, we can handle all federal and state tax cases.
Call us today for a free initial tax consultation.
We’ve been practicing since 1982 and are A+ rated by the Better Business Bureau.
Owe Back IRS = Federal, Individual, Business, Payroll Taxes + Unfiled Tax Returns + Settle Taxes + Former IRS + Billings, Missoula, Great Falls, Bozeman, Butte-Silver
by Jim Magary | Jul 1, 2015 | Tax Help
“Affordable ” Former IRS agents and managers can completely resolve your IRS problems. We know the system!
60 years experience as former IRS Agents. FST can stop an IRS final notice prevent, stop an IRS tax levy or wage garnishment and settle in IRS tax debt through the offer in compromise program if you are a true debt settlement candidate.
IRS Back Tax Debt Problem Help
Let me first start out by saying that we have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.
With that much experience we understand the codes, protocols, settlement theories , and all the avenues to resolve any IRS back tax debt problem.As a general rule we can assess your case and let you know how the case will close within a couple of minutes of your review.
We can stop an IRS final notice, we can stop an IRS tax or wage garnishment levy and file any back tax returns that are currently not on file.
As a general rule within 24 hours we can get your money back from Internal Revenue Service. Once we have your documented financial statement your case can will be resolved.
The IRS will make sure that all your tax returns are filed and as a general rule will attempt to secure current financial statement so they can take your case off of all IRS enforcement computers.
With that in mind, the Internal Revenue Service will generally remedy your case by putting it into a non-collectible file, asking you to make payments, or letting you know you could be a choice candidate to settle your debts are on offer compromise.
For IRS to work with you and settle and close your case you will need to file your back tax returns. If you do not file your tax returns IRS can file for you and I can assure you will pay the most amount allowed by law. Internal Revenue Code 6020 B allows for this.
If you have received any IRS notice, contact us today and we will show you the quickest and most affordable way to closure case. We can remove a bank or wage garnishment tax Levy, file back returns, or talk to you about the offer in compromise program to settle your tax debt for pennies on the dollar.
Call us today and speak to a true affordable IRS tax professional.
We are the fast, friendly, and affordable professional tax firm.
IRS Tax Problem Help – Final Notice of Intent + Bank Wage Tax Levy + File Back Tax Returns + Offer in Compromise + Payments + Billings, Missoula, Great Falls, Bozeman, Butte-Silver
by Jim Magary | Jul 1, 2015 | Tax Help
Small Business Health Care Tax Credit
If you are a small employer, you might be eligible for the Small Business Health Care Tax Credit, which can make a difference for your business.
To be eligible for the credit, you must:
• have purchased coverage through the Small Business Health Options Program – also known as the SHOP marketplace
• have fewer than 25 full-time equivalent employees
• pay an average wage of less than $50,000 a year
• pay at least half of employee health insurance premiums
For tax years beginning in 2014:
• The maximum credit increases to 50 percent of premiums paid for small business employers and 35 percent of premiums paid for small tax-exempt employers.
• To be eligible for the credit, you must pay premiums on behalf of employees enrolled in a qualified health plan offered through a Small Business Health Options Program Marketplace or qualify for an exception to this requirement.
• The credit is available to eligible employers for two consecutive taxable years. Even if you are a small business employer who did not owe tax during the year, you can carry the credit back or forward to other tax years.
Also, since the amount of the health insurance premium payments is more than the total credit, eligible small businesses can still claim a business expense deduction for the premiums in excess of the credit.
That’s both a credit and a deduction for employee premium payments.
There is good news for small tax-exempt employers, too.
The credit is refundable, so even if you have no taxable income, you may be eligible to receive the credit as a refund so long as it does not exceed your income tax withholding and Medicare tax liability.
Refund payments issued to small tax-exempt employers claiming the refundable portion of credit are subject to sequestration.
Finally, if you can benefit from the credit even if you forgot to claim it on your 2014 tax return; there’s still time to file an amended return.
Generally, a claim for refund must be filed within three years from the time the return was filed or two years from the time the tax was paid, whichever of such periods expires later.
For tax years 2010 through 2013, the maximum credit is 35 percent of premiums paid for small business employers and 25 percent of premiums paid for small tax-exempt employers such as charities.
You must use Form 8941, Credit for Small Employer Health Insurance Premiums, to calculate the credit.
For detailed information on filling out this form, see the Instructions for Form 8941. If you are a small business, include the amount as part of the general business credit on your income tax return.
If you are a tax-exempt organization, include the amount on line 44f of the Form 990-T, Exempt Organization Business Income Tax Return.
You must file the Form 990-T in order to claim the credit, even if you don’t ordinarily do so.
by Jim Magary | Jul 1, 2015 | Tax Help
AFFORDABLE, we can get your IRS tax levy, wage garnishment levy released within a 24-hour period of time & close your case at the same time. A plus Rated
We are the affordable professional tax firm that knows the system. 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.
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.
As a general rule, most taxpayers can serve cases off the IRS computer by explaining they have a current tax hardship, making monthly installment agreements or the filing of an offer in compromise as a tax debt settlement.
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. I am a former IRS offer specialist. As a revenue officer I both work this program was a teaching instructor for the tax debt settlement program.
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.
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 and case closing
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.
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.
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.
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.
Also be aware that IRS billing cycles are five weeks apart. At the very least make sure you answer all final notices.
Call for free initial tax consultation and hear the truth, we are the affordable professional tax firm. A+ rated by the Better Business Bureau, since 1982. All work is done in-house by contact professionals.
Remove IRS Tax Levies NOW = Bank Wage Garnishment, UnFiled Back Returns , Offer in Compromise = FORMER IR + Billings, Missoula, Great Falls, Bozeman, Butte-Silver
by Jim Magary | Jun 30, 2015 | Tax Help
We are AFFORDABLE Former IRS Agents & Managers that specialize in the removal of IRS tax levies, bank levies, and wage garnishment levies. We know the system, since 1982.
We can get your levy released and settle your case at the same time.
We are composed of tax attorneys, CPAs and former IRS agents and managers who have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices the IRS. We have a combined 60 years of direct IRS work experience,we know the system inside and out.
IRS Tax Levies
IRS files 1.9 million tax levies each year and the files about 700,000 tax liens each and every year. If taxpayers do not follow-up on final notices the Internal Revenue Service is forced to send out tax levies and tax liens.
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.
It only makes sense as former IRS agents and managers, we know the system inside and out. IRS will generally close your case out by putting you into a tax hardship, asking for a payment agreement or settling your debt through the offer in compromise program if you are eligible candidate.
We have over 206 years professional tax experience and have been in private practice since 1982 and we are A+ rated by the Better Business Bureau.
Our former IRS agents have worked in the local, district, and regional tax offices of the Internal Revenue Service.
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 payments based statements, copy them all mostly expenses and a copy of your pay stub to verify your current financial statement. IRS’s careful examinations of all financial statements therefore it is important you have a certified tax professional make sure of the correctness of your 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.
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.
Call our office today for a free initial tax consultation.
We are the affordable tax experts.
STOP IRS BANK, WAGE GARNISHMENT LEVY NOW, & SETTLE, RESOLVE IRS TAX DEBT + AFFORDABLE, FORMER IRS =Helena, Kalispell, Anaconda, Havre
by Jim Magary | Jun 30, 2015 | Tax Help
We are AFFORDABLE Former IRS Agents & Managers that specialize in the removal of IRS tax levies, bank levies, and wage garnishment levies. We know the system, since 1982.
We can get your levy released and settle your case at t he same time.
IRS files 1.9 million tax levies each year and the files about 700,000 tax liens each and every year.
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.
It only makes sense as former IRS agents and managers, we know the system inside and out.
We have over 206 years professional tax experience and have been in private practice since 1982 and we are A+ rated by the Better Business Bureau.
There’s a very streamlined process too quickly, efficiently and for affordable fees get your IRS tax levy immediately released.
Our former IRS agents have worked in the local, district, and regional tax offices of the Internal Revenue Service.
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 payments based statements, copy them all mostly expenses and a copy of your pay stub to verify your current financial statement. IRS’s careful examinations of all financial statements therefore it is important you have a certified tax professional make sure of the correctness of your 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. There other ways to close your case but as a general rule the three above are closed 99% of the time.
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.
Call our office today for a free initial tax consultation. We are the affordable tax experts.
STOP IRS BANK, WAGE GARNISHMENT LEVY NOW, & SETTLE, RESOLVE IRS TAX DEBT + AFFORDABLE, FORMER IRS
