by Jim Magary | Jun 5, 2015 | Tax Help
The IRS Tax Debt Forgiveness Program. 1-866-700-1040. Hear the truth today!
We are composed of tax attorneys, certified public accountants, and former IRS agents who know the system. We have over 206 years 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.
We know the system inside and out and you can rest assure that we can settle for the lowest amount possible.
Last year the average settlement is $6500. however you must be a qualified candidate for the offer in compromise or IRS tax debt forgiveness program. IRS has a pre-qualifier tool for the offer in compromise. You can find that tool on our website or call us today and we will let you know as a general rule the exact settlement IRS we use given your set of facts.
The Internal Revenue Service has just completely modified their Debt Forgiveness Program which is called the “Offer in Compromise”.
Last year about 78,000 Offers in Compromise were submitted to the IRS and about 41% of the Offers in Compromise filed were accepted by the IRS. IRS tax debt forgiveness programs or the offer in compromise are becoming much more popular and right now the backup is nine months before cases are worked by the Internal Revenue Service.
What is a nice features about settling your tax debt to the IRS tax debt forgiveness program is that your federal tax lien will be completely removed.
The largest group of those accepted settlements were filed by a professional tax firm.
The IRS has realized that taxpayers will never pay their tax debt off if there is no hope. With penalties and interest running faster than the speed of sound, IRS finally figured out it is far better to settle right now.
The new plan offered by the IRS for debt forgiveness is call the Fresh Start Program.
Having former IRS agents review your case gives you the greatest advantage to settle your case for your IRS debt forgiveness.
We know all the IRS tax policies and their internal settlement policies.
We taught Tax Law at the IRS and on our staff are Former IRS Revenue Agents that worked and taught the IRS Debt Forgiveness Program called the Offer in Compromise.
What is an Offer in Compromise or IRS Tax Debt Forgiveness
An Offer in Compromise ( Tax Debt Forgiveness ) is the way the IRS forgives tax debt for taxpayers that have balances due to the IRS.
An Offer in Compromise allows you to settle your tax debt for less than the full amount you owe to the IRS. It may be a legitimate option if you cannot pay your full tax liability, or in doing so creates a financial hardship. IRS will consider your unique set of facts and circumstances when determining settlements for IRS debt forgiveness.
IRS mains areas of concentration for tax debt settlements are based on your:
1. Ability to pay,
2. Present Income and Expenses,
3. Equity in Assets.
IRS will conduct a thorough detailed review on all income and assets.
The Offer in Compromise program is not for everyone.
You need to make sure you are eligible to file an Offer in Compromise before filing.
We offer a free tax consultation on your case before the contemplation of an Offer in Compromise.
Before IRS can consider your offer, you must be current with all tax return filings and current in withholding and estimate tax payments. You may not file an Offer in Compromise and apply for IRS tax debt forgiveness if you are in an open bankruptcy proceeding.
How to submit your offer in compromise or tax debt forgiveness forms
Forms necessary for IRS Tax Debt Forgiveness
1. Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;
2. Form 656(s) – individual and business tax debt (Corporation – LLC – Partnership) must be submitted on a separate Form 656;
3. $150 application fee (non-refundable); and
Initial payment (non-refundable) for each Form 656.
Ways to pay the IRS for an Offer in Compromise.
Your initial payment will vary based on your offer and the payment option you choose:
1. 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.
2. 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
While your offer is being evaluated:
a. Your non-refundable payments and fees will be applied to the tax liability,
b. A Notice of Federal Tax Lien may be filed,
c. Other collection activities can be suspended,
d. The legal tax assessment and collection period is extended for the time your case was in offer status,
e. You must make all required payments associated with your offer,
f. You are not required to make payments on an existing installment agreement and,
g. The good news, your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
Call us today for a free Offer in Compromise tax consultation, 1-866-700-1040.
Hear the truth about your case.
by Jim Magary | Jun 5, 2015 | Tax Help
The Affordable Professional Tax Firm, IRS experts, Guaranteed Work
Within 24 hours of receiving your current financial statement we can get an IRS Tax Levy, Bank Levy, Wage Garnishment levy released and your case closed.
Because of our years of experience working at Internal Revenue Service we know the system to get immediate releases of an IRS tax levy, IRS bank levy or IRS wage garnishment.
There is a very specific format to get a tax levy or wage garnishment released.
Not only can we get your tax levy released or removed we can also settle your case at the same time.
We have worked in the system for over 60 years and understand the protocols and the IRS manuals to get your levy released in your case closed with IRS.
We have worked out of the local, district, and regional tax offices of the Internal Revenue Service.Some on our FST staff have been IRS managers, supervisors, and teaching instructors. We know the system inside and out.
Getting your IRS tax levy, wage levy garnishment tax levy released.
As a general rule, if taxpayers do not respond to final notice is sent by IRS, the Internal Revenue Service is required to send out a tax levy. It is important to respond to all IRS request by mail.
As a general rule, IRS sends out close to 1.9 million tax levies each year then sends out close to 700,000 federal tax liens.
There is a difference be between an IRS federal tax levy in the federal tax lien.
A federal tax levy is a seizure and a federal tax lien is a document to get placed at your courthouse.
To get your IRS tax levy or wage garnishment released it will be necessary for you to give IRS a current documented financial statement along with making sure all your tax returns are filed in on IRS’s computer system.
It will be necessary for you to fully complete an IRS form 433F (an IRS financial statement) that you can find on our website along with supplying IRS with bank statements, pay stubs and copy of all monthly expenses.
When you call our office we were thoroughly review your case, give you a free tax assessment and let you know the necessary steps to completely remove your IRS problem including releasing an IRS tax levy, or wage levy garnishment and settling your case all at the same time.
Please keep in mind if you have unfiled or back to tax returns, the IRS has the option of not releasing a federal tax levy because you are not in full compliance with tax laws.
We can prepare any and all back tax returns with little or no records. Due to our years of experience at the Internal Revenue Service we can reconstruct any tax return so do not let your tax records prevent you from filing a tax return.
If you have any other issues are tax matters problems call us today and speak to true IRS tax professionals who know the system.
We have over 206 years of professional tax experience.
IRS Tax Levy, IRS Garnishments + Remove & Settle at Same Time, Unfiled Tax Returns, Affordable, Former IRS, Raleigh
by Jim Magary | Jun 5, 2015 | Tax Help
The Affordable Professional Tax Firm, IRS experts
24 hours of receiving your current financial statement we can get an IRS Tax Levy, Bank Levy, Wage Garnishment levy released.
Because of our years of experience working at Internal Revenue Service we know the system to get immediate releases of an IRS tax levy, IRS bank levy or IRS wage garnishment.
There is a very specific format to get a tax levy released.
Not only can we get your tax levy released or removed we can also settle your case at the same time.
We have worked in the system for over 60 years and understand the protocols and the internal revenue manual’s to get your levy released in your case closed with IRS.
We have worked out of the local, district, and regional tax offices of the Internal Revenue Service.Some on our FST staff have been IRS managers, supervisors, and teaching instructors.
To get your IRS tax levy, wage levy garnishment tax levy released.
As a general rule, if taxpayers do not respond to final notice is sent by IRS, the Internal Revenue Service is required to send out a tax levy. It is important to respond to all IRS request by mail.
As a general rule, IRS sends out close to 1.9 million tax levies each year.
There is a difference be between an IRS federal tax levy in the federal tax lien.
A federal tax levy is a seizure a federal tax lien is a document to get placed at your courthouse.
To get your IRS tax levy or wage garnishment released it will be necessary for you to give IRS a current documented financial statement along with making sure all your tax returns are filed in on IRS’s computer system.
It will be necessary for you to fully complete an IRS form 433F (an IRS financial statement) that you can find on our website along with supplying IRS with bank statements, pay stubs and copy of all monthly expenses.
When you call our office we were thoroughly review your case, give you a free tax assessment and let you know the necessary steps to completely remove your IRS problem including releasing an IRS tax levy, or wage levy garnishment and settling your case all at the same time.
Please keep in mind if you have unfiled or back to tax returns, the IRS has the option of not releasing a federal tax levy because you are not in full compliance with tax laws.
We can prepare any and all back tax returns with little or no records.
If you have any other issues are tax matters problems call us today and speak to true IRS tax professionals who know the system.
We are the friendly, affordable and experienced professional tax team practicing since 1982.
We have over 206 years of professional tax experience.
Las Vegas + IRS Tax Levy, IRS Garnishments + Remove & Settle at Same Time, Unfiled Tax Returns, Affordable, Former IRS
by Jim Magary | Jun 4, 2015 | Tax Help
As former IRS agents and managers we know the solutions for those who owe back IRS taxes, since 1982, the affordable tax firm.
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, for those who need to file back are unfiled returns, 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. We have over 206 years of professional tax experience.
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. We know the IRS system.
Our former IRS agents and managers 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 Agents 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.
Removals or Releases a IRS Tax Levy Garnishment = 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.
This includes both bank and wage garnishment levies.
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. they are sent out by the IRS enforcement computer called CADE2.
Your levy information is obtained from your tax return turn via W-2s and 1099 in other reporting information given to IRS and is kept on record by the Internal Revenue Service for seven years.
An IRS tax Levy usually comes in two forms.
A Bank levy or an IRS a 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.
The IRS Offer in Compromise
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.
I am a former IRS revenue officer and worked the offer in compromise program as a former employee.
IRS settles 40% 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.
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.
Call us today for a free initial tax consultation.
We are the honest, friendly and affordable professional tax firm, since 1982.
Owe Back Taxes = IRS Tax Levy Garnishments + Tax Audit + Settle Tax Debt + IRS Payments, Unfiled Taxes + Affordable + Denver
by Jim Magary | Jun 3, 2015 | Tax Help
The Affordable & Experienced Professional Tax Firm, A+ rated BBB, since 1982. Stop the IRS today, Former IRS.
As former IRS agents and managers we know the system if you owe back IRS taxes and need to stop an IRS tax levy or tax lien.
We are a full-service tax firm that specializes in IRS tax relief in IRS successful tax representation.
We have over 206 years of professional tax experience in dealing with IRS tax matters and tax problems. We are true IRS tax experts.
If you owe IRS taxes, we can find an IRS tax solution specifically to fit your needs. Your current financial statement is the main determining source how IRS will end your problem.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982. We are a full service tax firm.
We can immediately stop an IRS tax levy and provide to you affordable IRS tax relief.
We can represent you during an IRS tax audit, file back tax returns or settle an IRS tax debt through the offer in compromise program if you are qualified and suitable candidate.
Due to our years of experience at the Internal Revenue Service, we understand the system. we know all the protocols, settlement theories and all the options to go ahead and to deal with those who owe back IRS taxes and have IRS tax debt.
Our former IRS agents have over 60 years of working directly for the IRS and the local, district, and regional tax offices of the IRS.
FST can have former IRS agents and managers defend you if you are going through an IRS tax audit or get an IRS tax levy released within 24 hours of receiving your current financial statement.
We can also work out tax settlement with the Internal Revenue Service if you are a true candidate to settle your tax debt through an offer in compromise.
Tax Levy Releases
Before the Internal Revenue Service will release a tax levy, they will need a current financial statement.
IRS will require a 433F to be completely documented.
As a general rule, 40% of all cases end up in a current hardship and 6.5 million people and up having a payment agreement. We will go ahead review your financial statement enclosures case off the IRS collection computer and get your tax levy removed all at the same time.
If you need to remove or have federal tax lien issues call us and we will go over the different procedures made available by IRS.
For those of you needing to file back tax returns we can do so by pulling IRS tax transcripts or doing a reconstructive tax return to prepare your back returns and settle your tax debt if in fact that is the case.
Call us today for a free initial tax consultation and we can walk you through the different processes and resolutions to go ahead to immediately and permanently relieve your IRS tax back debt.
You will never have to speak to the Internal Revenue Service as we handle all correspondence and communications.
Call us today for a free initial tax consultation and speak to a true IRS tax professional.
We are true tax experts from those who owe back IRS taxes, dealing with the IRS tax levy or tax lien, undergoing an IRS tax audit or need to file back tax returns. We are true experts for the settlement of back tax debt called the offer in compromise.
Denver = OWE IRS Back Taxes + Stop Tax Levy, Tax Lien + IRS Audits + File Back Tax Returns + Settle Back Tax Debt + AFFORDABLE = Former IRS
by Jim Magary | Jun 3, 2015 | Tax Help
The FAST and AFFORDABLE professional tax firm. We can get your IRS tax levy,garnishment released within a 24-hour period of time and close your case at the same time.
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.
We will speak with you about settling your tax debt to the offer in compromise program. 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. 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.
We do not file offers in compromise for taxpayers unless we know they are pre-qualified. we walk you through the process and program and settle your debt for the lowest dollar amount if you are a suitable candidate. We know the system inside and out.
IRS Tax Levy, IRS Wage Garnishment Releases
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. We understand and have knowledge of the system.
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.
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.
We’re the fast, friendly, and affordable professional tax firm that has been in private practice since 1982.
Call us today for free initial tax consultation.
Denver – Remove IRS Tax Levy NOW = Bank Wage Garnishment, File Back Returns , Offer in Compromise = FORMER IRS
