by Jim Magary | Feb 18, 2015 | Tax Help
We are affordable professional tax firm that can result in the IRS or state tax matter.
We’ve been practicing since 1982 and are A+ rated by the Better Business Bureau.
We are composed of tax attorneys, certified public accountants, and former IRS agents managers and tax instructors.
While employed at Internal Revenue Service we taught tax law to new IRS agents.
Part of our former IRS staff actually wrote part of the IRS collection manual dealing with taxpayers and tax debt.
Call us today for free initial tax consultation and we will discuss with you the various programs for those who owe back IRS taxes.
We can resolve any IRS tax debt.
As a general rule there are three options when IRS resolve your tax debt.
As a general rule, the Internal Revenue Service after taking a detailed and documented financial statement will resolve your case by putting you into a currently uncollectible status or hardship, ask you to make a monthly payment plan or recommend you try to settle your tax debt to the offer in compromise.
Last year 78,000 offers in compromise were filed to settle back tax debt.
As a result 42% of all offers in compromise were accepted by the Internal Revenue Service.
Call us today to speak to a true IRS tax expert.
Based on all our experience we are true experts who can guide you into resolving your IRS matter once and for all.
We are A+ rated by the Better Business Bureau.
Owe Back Taxes = Resolve Tax Debt, IRS Settlement, Payment Plans, File Back Returns = Affordable = Free Consults = Kansas City, St Louis, Springfield, Independence, East Independence
by Jim Magary | Feb 18, 2015 | Tax Help
AFFORDABLE IRS agents and managers, we know the system. Within 24 hours get your money back!
We have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
After having been formerly employed by the Internal Revenue Service we understand and know the system inside and out.
We have over 60 years of the working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
As former IRS agents and teaching instructors we understand the system completely and understand the streamline processes that go with it to get your IRS Bank Levy, wage garnishment or tax levy removed and the settle your tax debt case all at the same time.
There is a IRS system
There is a very methodical system that IRS uses to remove an IRS bank levy or wage garnishment Tax Levies.
As a general rule within 24 hours of receiving your current documented financial statement we can get an IRS tax levy or bank levy released.
At FST we can settle your case and resolve your tax debt all at the same time.
Call our office today and speak to a true IRS tax expert about the removal and settlement of any IRS or state tax case that you have.
We are the affordable tax firm practicing since 1982 and are A+ rated by the Better Business Bureau.
To get your tax levy removed or released
As a general rule, the Internal Revenue Service will want a currently documented financial statement.
That financial statement that is required by the Internal Revenue Service will be on 433F.
After a careful review of that financial statement the Internal Revenue Service will either place you into a tax hardship, ask you for a monthly payment, or let you know you could apply for the offer in compromise program to settle your tax debt for pennies on the dollar.
When you call our offices you will speak to a true and certified IRS tax expert who knows the system to get you immediate and permanent IRS tax relief.
Kansas City, St Louis = Remove IRS Bank Levy, Wage Garnishment, Tax Levy = Settle Resolve IRS Tax Debt + Affordable Former IRS
by Jim Magary | Feb 18, 2015 | Tax Help
Have former AFFORDABLE IRS agents and managers who know the system get your IRS bank and wage garnishment levy released immediately.
We have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
After having been formerly employed by the Internal Revenue Service we understand and know the system inside and out.
There is a very methodical system that IRS uses to remove an IRS bank levy or wage garnishment Tax Levies.
As a general rule within 24 hours of receiving your current documented financial statement we can get an IRS tax levy or bank levy released.
At FST we can settle your case and resolve your tax debt all at the same time.
Call our office today and speak to a true IRS tax expert about the removal and settlement of any IRS or state tax case that you have.
We are the affordable tax firm practicing since 1982 and are A+ rated by the Better Business Bureau.
The resolution of any IRS matter.
Being former IRS agents there is a method for IRS’s resolve any tax debt.
As a general rule, the Internal Revenue Service will want a currently documented financial statement.
After a careful review of that financial statement the Internal Revenue Service will either place you into a tax hardship, ask you for a monthly payment, or let you know you could apply for the offer in compromise program to settle your tax debt for pennies on the dollar.
Call us today for a free initial tax consultation and speak to a true IRS expert who knows the system.
Remove IRS Bank Levy, Wage Garnishment, Settle, Resolve Tax Debt + Affordable + Kansas City, St Louis, Springfield, Independence, East Independence
by Jim Magary | Feb 18, 2015 | Tax Help
We are comprised of AFFORDABLE former IRS agents and managers who know the system.
We have been in private practice is 1982 and are A+ rated by the Better Business Bureau.
On staff for tax attorneys, CPAs and former IRS Agents that have worked directly for the IRS.
We Are a Full Service Tax Firm That Has a Special and Unique Expertise in Resolving IRS Matters Because Of Our Unique Expertise to Solving Back Tax Problems.
Resolving IRS Tax Debt.
The Internal Revenue Service has a methodical way of resolving IRS tax debt.
As a general rule it requires a current documented financial statement.
After the IRS reviews your financial statement and does a analysis of your financial statement, as a general rule they will put you into not collectible status, asked for a monthly payments, or may let you know you are eligible to file an offer in compromise.
Over 41% of all offers in compromise are now accepted by the Internal Revenue Service via the new fresh start initiative program.
You can call us today for free initial tax consultation and we will let you know if you are eligible candidate to settle your tax debt through the offer in compromise.
Filing back tax returns
Many taxpayers are afraid to file back tax returns.
However, sooner or later the Internal Revenue Service is to catch up with them and furthermore IRS can file their tax return for you.
As former IRS agents, FST can file your back tax returns and workout tax settlement all at the same time.
Call us today for free initial tax consultation and we will walk you through the various programs.
If you will back payroll taxes.
If you will back payroll taxes it is going to become in critical that you become current in the month the IRS is working your case.
As a former IRS revenue officer I have worked hundreds upon hundreds of back payroll taxes there is a very specific system to get you approved into the IRS program today.
Call me today for free initial tax consultation.
Owe Back Taxes – Resolve IRS Tax Debt, File Back Tax Returns, Offer in Compromise, Owe Payroll Taxes = Des Moines, Cedar Rapids, Davenport, Sioux City, Waterloo
by Jim Magary | Feb 18, 2015 | Tax Help
Capital Gains and Losses
When you sell a capital asset the sale results in a capital gain or loss. A capital asset includes most property you own for personal use or own as an investment.
Here are facts that you should know about capital gains and losses:
1. Capital Assets.
Capital assets include property such as your home or car, as well as investment property, such as stocks and bonds.
2. Gains and Losses.
A capital gain or loss is the difference between your basis and the amount you get when you sell an asset. Your basis is usually what you paid for the asset.
3. Net Investment Income Tax.
You must include all capital gains in your income and you may be subject to the Net Investment Income Tax. This tax applies to certain net investment income of individuals, estates and trusts that have income above statutory threshold amounts. The rate of this tax is 3.8 percent. For details visit IRS.gov.
4. Deductible Losses.
You can deduct capital losses on the sale of investment property. You cannot deduct losses on the sale of property that you hold for personal use.
5. Long and Short Term.
Capital gains and losses are either long-term or short-term, depending on how long you held the property. If you held the property for more than one year, your gain or loss is long-term. If you held it one year or less, the gain or loss is short-term.
6. Net Capital Gain.
If your long-term gains are more than your long-term losses, the difference between the two is a net long-term capital gain. If your net long-term capital gain is more than your net short-term capital loss, you have a net capital gain.
7. Tax Rate.
The capital gains tax rate usually depends on your income. The maximum net capital gain tax rate is 20 percent. However, for most taxpayers a zero or 15 percent rate will apply. A 25 or 28 percent tax rate can also apply to certain types of net capital gains.
8. Limit on Losses.
If your capital losses are more than your capital gains, you can deduct the difference as a loss on your tax return. This loss is limited to $3,000 per year, or $1,500 if you are married and file a separate return.
9. Carryover Losses.
If your total net capital loss is more than the limit you can deduct, you can carry over the losses you are not able to deduct to next year’s tax return. You will treat those losses as if they happened in that next year.
10. Forms to File.
You often will need to file Form 8949, Sales and Other Dispositions of Capital Assets, with your federal tax return to report your gains and losses.
You also need to file Schedule D, Capital Gains and Losses with your tax return.
by Jim Magary | Feb 17, 2015 | Tax Help
We are a full service tax firm that specialize in IRS problems and tax matters.
We are comprised the tax attorneys, tax lawyers, certified public accountants enrolled agents and former IRS may agents managers and tax instructors.
We have over 60 years of direct work experience and knowledge in the local, district, and regional tax offices of the Internal Revenue Service.
We had been in private practice since 1982 and specialize in those taxpayers, individuals, businesses, partnerships and corporations that are undergoing an IRS tax levy, under IRS tax audit, need a IRS tax settlement or need to file back tax returns.
IRS Tax Levy
Within 24 hours of receiving your current documented financial statement as a general rule we can get an IRS bank levy or wage garnishment levy released in your case closed with the Internal Revenue Service.
They will use different closing strategies all determined by IRS in your current financial statement.
IRS Tax Audit
If you are undergoing an IRS tax audit you can have a former IRS agent manager or tax attorney represent you during your IRS tax audit.
Less than 1% of all taxpayers are audited by the IRS but in case you are one of those unlucky people get the very best and most affordable tax representation for an IRS tax audit.
IRS Settlement
If you are looking for an IRS tax debt settlement called an offer in compromise, you can have a former IRS agent teaching instructor revenue officer review and file your offer in compromise. Over 42% of all offers in compromise are accepted by the IRS.
We are a full-service firm and specialize in any back tax problems including the filing of current or back tax returns.
Call us today for a free initial tax consultation
Affordable IRS Attorneys, IRS Tax Law Help = IRS Tax Levy, IRS Tax Audit, IRS Tax Settlement, File Tax Returns = Des Moines, Cedar Rapids, Davenport, Sioux City, Waterloo
