by Jim Magary | Feb 20, 2015 | Tax Help
We are an affordable professional tax firm that specialized in IRS tax relief.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service.
We have worked in the district, regional and teaching offices of the IRS.
We also worked on the local IRS offices.
If you have received an IRS tax levy, and as a general rule within 24 hours of receiving a fully documented and verifiable financial statement and work out a Settlement with IRS and get a tax levy released or removed.
If you received an a federal tax lien and wish to inquire about getting it remove, contact us today we will review your various options.
If you wish for an IRS payment plan we can go over to various options the IRS has to pay off your tax debt. The amount you owe will determine our course of action.
42% of all taxpayers who file for IRS tax settlement called an offer in compromise are approved.
It is important to know you must be a qualified candidate for the offer in compromise program.
Many taxpayers cannot afford to pay their debt whatsoever and can qualify for an IRS tax hardship.
It is important that all return to past tax returns need to be filed on the IRS system before IRS will close your case off the enforcement computer.
If you are looking for IRS tax relief on a the tax levy, tax lien, need an IRS payment plan or wish to file an offer in compromise call us today for free initial tax consultations between true IRS tax expert.
IRS Taxes -Tax Levy, Tax Lien, IRS Payment Plans, Settlements, Hardships, Past Due Tax Returns + AFFORDABLE + Columbia, Lee’s Summit, Fallon, St. Joseph, St. Charles
by Jim Magary | Feb 20, 2015 | Tax Help
Being former IRS agents managers and supervisors we know the system. We can get your money back from the Internal Revenue Service as a general rule within 24 hours.
We are an affordable tax firm has been practicing since 1982 in are A+ rated by the Better Business Bureau.
We specialize in IRS & State tax representation.
We know every possible solution to relieve IRS tax debt.
We know all the processes of immediate and permanent tax relief. We worked out of the local, district and regional tax offices of the Internal Revenue Service.
Internal Revenue Service sends out approximately 1.6 million bank and wage garnishment tax levies every year.
We simply file the power of attorney with Internal Revenue Service give them your documented financial statement.
IRS will work out a solution to take your case off their enforcement computer and release the levy the same day.
If you have a federal tax lien filed against you, we will review the options to get the release of the federal tax.
If you need to settle your tax debt with Internal Revenue Service we will consider the offer in compromise program to be a viable solution to settle your case for pennies on the dollar if you are a candidate do so.
If you are going through an IRS tax audit, you can have former IRS audit manager represent you.
If you are looking to pay your back tax debt and wish to make payments to Internal Revenue Service call us today and we will review with you the various options to pay IRS back.
We are a full service tax firm.
Kansas City, St. Louis -IRS Tax Debt Relief = Stop Tax Levy, Tax Liens, Settle IRS, Audits, Payment Plans – Affordable Former IRS
by Jim Magary | Feb 19, 2015 | Tax Help
What You Should Know about the AMT
Even if you’ve never paid the Alternative Minimum Tax, before, you should not ignore this tax.
You IRS taxes may have changed so that this may be the year that you need to pay AMT.
You may have to pay this tax if your income is above a certain amount.
AMT attempts to ensure that taxpayers who claim certain tax benefits pay a minimum amount of tax.
Things that you should know about the AMT:
1. When AMT applies.
You may have to pay the AMT if your taxable income, plus certain adjustments, is more than your exemption amount.
Your filing status and income determine the amount of your exemption. In most cases, if your income is below this amount, you will not owe AMT.
2. Exemption amounts.
The 2014 AMT exemption amounts are:
• $52,800 if you are Single or Head of Household.
• $82,100 if you are Married Filing Joint or Qualifying Widow(er).
• $41,050 if you are Married Filing Separate.
You will reduce your AMT exemption if your income is more than certain limits.
3. Use IRS e-file.
Keep in mind that AMT rules are complex. The easiest way to prepare and file your tax return is to use IRS e-file. The tax software you use to e-file will figure AMT for you if you owe the tax.
4. Try the tool.
Use the AMT Assistant tool on IRS.gov to find out if you need to pay the tax.
5. Use the right forms.
If you owe AMT, you usually must file Form 6251, Alternative Minimum Tax – Individuals.
Some taxpayers who owe AMT can file Form 1040A and use the AMT Worksheet in the instructions.
Learn more about the AMT on IRS.gov. Also, see the Form 6251 instructions. If you e-file your tax return you don’t need any paper forms to mail to the IRS.
If you do need a paper form, you can visit IRS.gov/Forms to view, download and print what you need right away.
by Jim Magary | Feb 19, 2015 | Tax Help
Get Your Money Back From the IRS, ASAP. As Former IRS Agents and Managers we know the system inside and out.
We are the affordable tax firm since 1982, A plus rated by the BBB.
As former IRS agents, managers and teaching instructors, we know the exact process to get your money back from the Internal Revenue Service as a result of an IRS tax Levy, bank tax levy, wage tax garnishment levy.
We can not only get your IRS tax levy released and removed we can settle your case all at the same time.
Yes, you can settle your tax debt.
We understand the system because we worked the system for over 60 years and were teaching instructors at IRS that taught others their jobs at the IRS.
We worked in the local, district, and regional tax offices of the Internal Revenue Service. not only did we work in the local district and regional tax law we taught tax law to new IRS agents and someone our staff help write part/ section 5 of the Internal Revenue Service collection manual. We know the system.
We know and understand the fastest and the most affordable way to go ahead and get a removal or release of an IRS tax or wage garnishment levy and settle your case to stop the IRS.
Once we get your power of attorney you will never have to speak to IRS. We handle all the paperwork and all the communication.
The Process to get your Tax Levies Stopped and Removed
Like everything in life there is a process and the IRS is no different. IRS is a very systematic approach used by all agents whether in the regional offices or in the local field branches. we are extremely familiar with the IRS process.
We taught this process at the IRS and understand the streamlined process to get an IRS tax levy or wage garnishment released as fast as humanly possible.
Before IRS releases a tax levy, bank tax levy or wage garnishment they will want a current financial statement to make a determination of how to close your case off the IRS enforcement computer. That financial statement will be on IRS form 433F that you can find directly on our website.
This financial statement will need to be fully documented including copies of bank statements, pay stubs, and proof of all monthly expenses. IRS will not release a tax levy or wage garnishment levy until they see a fully verified financial statement, there is no way out of this.
IRS will do a close analysis of your statement with that of the national, and localized standards. You can find the acceptable standards on our website.
IRS will then release your IRS tax Levy, bank levy or wage garnishment and close your case generally with a payment agreement or by placing you in hardship.
Your levy can usually be released within 24 hours of IRS receiving your financial info.
If you owe tax to the IRS and need to settle your tax debt contact us today and we can get your IRS tax Levy, bank levy or wage garnishment released and your case settle all at the same time.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
If you need to file back tax returns we can do so as well with little or no records.
The Internal Revenue Service will insist that all tax returns be filed current and up-to-date.
When you call our office you will speak directly to a true IRS tax expert.
You can expect friendly affordable and well seasoned staff to help deal with any IRS problem.
IRS Help = Tax Levy, Bank & Wage Garnishment, Tax Lien Removals, Settle IRS = AFFORDABLE = Columbia, Lee’s Summit, Fallon, St. Joseph, St. Charles
by Jim Magary | Feb 19, 2015 | Tax Help
We are an affordable professional tax firm composed of tax attorneys, CPAs and former IRS agents. We know and understand the system!
We have over 206 years of professional tax experience have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
We have handled hundreds and hundreds of cases since 1982. We’re true IRS affordable tax experts.
Combined with our 60 years of working for Internal Revenue Service, we know the system to bring a fast, effective and affordable professional settlement on any IRS tax situation or state situation you are currently having.
Owing back taxes = Internal Revenue Service
As a former IRS revenue officer and teaching instructor I have worked countless cases both as a former agent and being in private practice. I worked on the local, district, and regional tax offices of the Internal Revenue Service. IRS is a very methodical way to deal with taxpayers, businesses and corporations that owe back IRS taxes.
As a general rule, the IRS will require a current documented financial statement before they will make a determination on any outstanding debt that a taxpayer business or corporation will settle with the IRS.
In all cases the IRS will want to 433F, that is their version of the financial statement that you can find our website.
After the internal revenue through service verifies that completely documented financial statements they will make a closing decision on how to remove the case out of the inventory of the Internal Revenue Service.
As a general rule the Internal Revenue Service will either places case into a tax hardship, enter into a payment plan or recommend the settling of the debt to the offer in compromise.
It is important to know before Internal Revenue Service closes any case off their computer systems all tax returns will have to be on file.
If you need to file back tax returns you can call us today and we can help audit proof your tax return assure you are paying the lowest amount allowed by law.
Tax settlements – IRS settles 42% of all cases
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 consider your unique set of facts and circumstances such as:
• 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.
The Offer in Compromise program is not for everyone.
Call us today for a free initial tax consultation and find out if you are eligible for the new offer in compromise program.
You can have a former IRS agent revenue officer review your case which can allow you to settle your case for pennies on dollar.
IRS Tax = Owe IRS, Settle Tax Debt, IRS Payment Plans, Hardships, Past Due Tax Returns + AFFORDABLE + Columbia, Lee’s Summit, Fallon, St. Joseph, St. Charles
by Jim Magary | Feb 19, 2015 | Tax Help
We are affordable professional tax firm composed of tax attorneys, CPAs and former IRS agents.
We have over 206 years of professional tax experience have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
We have handled hundreds and hundreds of cases since 1982.
Combined with our 60 years of working for Internal Revenue Service, we know the system to bring a fast, effective and affordable professional settlement on any IRS tax situation or state situation you are currently having.
Owing back taxes to the Internal Revenue Service
As a former revenue officer I have worked countless cases both as a former agent and being in private practice.
As a general rule the IRS will require a current documented financial statement before they will make a determination on any outstanding debt that a taxpayer business or corporation will settle with the IRS.
After the internal revenue through service verifies that completely documented financial statements they will make a closing decision on how to remove the case out of the inventory of the Internal Revenue Service.
As a general rule the Internal Revenue Service will either places case into a tax hardship, enter into a payment plan or recommend the settling of the debt to the offer in compromise.
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 consider your unique set of facts and circumstances such as:
• 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.
The Offer in Compromise program is not for everyone.
Call us today for a free initial tax consultation and find out if you are eligible for the new offer in compromise program. You can have a former IRS agent revenue officer review your case which can allow you to settle your case for pennies on dollar.
IRS Taxes = Owe IRS, Settle Debt, Payment Plans, Hardships, Past Due Tax Returns + AFFORDABLE + Kansas City, St Louis, Springfield, Independence, East Independence
