by Fresh Start Tax | Sep 23, 2014 | Tax Help
We are affordable tax firm comprised of tax attorney lawyer, CPAs and former IRS agents and managers.
We’ve been practicing since 1982 in our A+ rated by the Better Business Bureau.
FST has over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service.
We are true tax experts for any IRS problem from a simple IRS notice or letter to going to IRS appeals and even going to tax court.
We are the affordable IRS tax resolution firm.
Our former IRS agents have logged over 60 years of direct work history in the local, district, and regional tax offices of the Internal Revenue Service including teaching in the regional training center.
We know everything there is to know to release your IRS levy, to get an IRS payment agreement, or place your case into an economic tax hardship if you cannot pay your debt at this current time. We can get a tax levy released within 24 hours of receiving your current and documented financial statement.
We can walk you through the IRS tax settlement process called and offer in compromise if you are a qualified candidate. We will walk you through the IRS prequalifier tool.
If you work in going through an IRS tax audit you can have a former IRS revenue agent audit manager represent and provide your very best tax defense during an IRS tax audit.
If we are not satisfied with the results of a tax audit we can take the case to IRS appeals and even tax court if you have a valid defense. If you are going too we owe back taxes as a result of your tax audit we can work out a tax settlement for you
Some quick IRS tax facts:
- the IRS levies close to 2 million taxpayers every year,
- the Internal Revenue Service has over 10 million people on IRS payment plans,
- the IRS accepts 38% of all tax settlements filed for an average of $.14 on a dollar,
- IRS audits less than 1% of all taxpayers,
- IRS audits 1.4 million taxpayers by mail correspondence.
All our work is done in-house by true tax experts. We are the affordable tax firm practicing since 1982.
Tax Attorney Lawyer – IRS Tax Levy, Payment Plans , Hardships, Tax Settlement, Tax Audits – Aurora, Rockford, Joliet, Peoria
by Fresh Start Tax | Sep 23, 2014 | Tax Help
Affordable Care Act – Individuals Qualify for a Health Coverage Exemption
Taxpayers who might qualify for an exemption from having qualifying health coverage and making a payment should review a new IRS publication for information about these exemptions.
IRS Publication 5172, Health Coverage Exemptions, which includes information about how you get an exemption, is available on IRS.gov/aca.
The Affordable Care Act calls for each individual to have qualifying health insurance coverage for each month of the year, have an exemption, or make an individual shared responsibility payment when filing his or her federal income tax return.
You may be exempt if you:
- Have no affordable coverage options because the minimum amount you must pay for the annual premiums is more than eight percent of your household income,
- Have a gap in coverage for less than three consecutive months, or
- Qualify for an exemption for one of several other reasons, including having a hardship that prevents you from obtaining coverage or belonging to a group explicitly exempt from the requirement.
On IRS.gov/ACA, you can find a comprehensive list of the coverage exemptions.
How you get an exemption depends upon the type of exemption.
You can obtain some exemptions only from the Marketplace in the area where you live, others only from the IRS when you file your income tax return, and others from either the Marketplace or the IRS.
Additional information about exemptions is available on the Individual Shared Responsibility Provision web page on IRS.gov.
The page includes a link to a chart that shows the types of exemptions available and how to claim them. For additional information about how to get exemptions that may be granted by the Marketplace, visit HealthCare.gov/exemptions.
by Fresh Start Tax | Sep 23, 2014 | Tax Help
We are affordable tax firm comprised of tax attorney lawyer CPAs and former IRS agents.
FST has over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service.
Our former IRS agents have logged over 60 years of direct work history in the local, district, and regional tax offices of the Internal Revenue Service including teaching in the regional training center.
We know everything there is to know to release your IRS levy, to get an IRS payment agreement, or place your case into an economic tax hardship if you cannot pay your debt at this current time.
We can walk you through the IRS tax settlement process called and offer in compromise if you are a qualified candidate.
If you work in going through an IRS tax audit you can have a former IRS revenue agent audit manager represent and provide your very best tax defense during an IRS tax audit.
Some quick IRS tax facts:
- the IRS levies close to 2 million taxpayers every year,
- the Internal Revenue Service has over 10 million people on IRS payment plans,
- the IRS accepts 38% of all tax settlements filed for an average of $.14 on a dollar,
- IRS audits less than 1% of all taxpayers.
If you have any questions call us today and speak to a true IRS tax expert who can help you get an immediate release of an IRS tax Levy.
All our work is done in-house by true tax experts.
We are the affordable tax firm practicing since 1982.
Tax Attorney Lawyer – IRS Levy, Payments, Hardships, Settlements, Tax Audits – West Covina, Torrance, Santa Clarita, Pasadena
by Fresh Start Tax | Sep 23, 2014 | Tax Help
If you are struggling with an IRS problem it only makes sense to hire AFFORDABLE former IRS agents and managers.
We have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
If you have back tax returns you need to file and will have pending IRS debt, we can work out an effective and affordable tax settlement.
Tax settlements come in different forms.
To get an IRS tax settlement you will need to give IRS a current financial statement on form 433F.
Once necessary documentation goes to Internal Revenue Service verifying the income and expenses of your financial statement, the Internal Revenue Service has one of two options. As a general rule they will either place your case in to an economic tax hardship which means currently you do not have the resources to pay the debt or they will put you into a monthly payment agreement.
You may also qualify for offer in compromise or tax debt settlement which you could pay pennies on a dollar to settle your tax debt.
Call us today for free initial tax consultation and we will walk you through the process of filing back tax returns and settling your IRS tax debt.
We are A+ rated by the Better Business Bureau.
File Back Tax Returns, IRS Tax Debt, Tax Settlement, Affordable Former IRS = West Covina, Torrance, Santa Clarita, Pasadena
by Fresh Start Tax | Sep 23, 2014 | Tax Help
Get your money back from the IRS!
As former IRS agents and managers and instructors, we taught tax law to new IRS agents and to the advanced revenue officers their jobs.
As a result of our years of experience at the IRS we can get immediate releases of IRS Bank Levy and Wage Garnishment Levies.
The Process of getting a tax levy, bank levy & wage garnishment stopped
FST can take a simple financial statement ( 433F ), get your documentation and information to prove that statement to the IRS.
The Internal Revenue Service will not release or stop a tax levy, Bank Levy wage garnishment levy until it receives a verified financial statement. It is important that a tax professional handle this negotiation because there are certain aspects of the financial statement that can produce much better results if an experienced tax professional can handle the negotiation.
FST can send it to the Internal Revenue Service and they will release your tax levy, your bank levy, or wage garnishment levy and settle your case.
Cases generally settle with a payment agreement or putting you in a hardship because you do not have the ability at this time to make current payments.
We have worked so many cases that we understand the complete working system of Internal Revenue Service and will let you know before hand how IRS will take your case off the IRS enforcement computer and remove and remove IRS bank levy, wage levy, or tax levy.
If you need to file back tax returns and get current with the Internal Revenue Service we have an affordable expert tax staff who can prepare your back tax returns within days and if you’re going to owe tax we can settle your tax debt through an offer in compromise if you are a qualified candidate for the offer in compromise program settlement.
IRS Releases and Removal of IRS Bank and Wage Garnishment Levies
IRS will review your financial statement including your monthly expenses.
The Internal Revenue Service will compare your monthly expenses with that of your neighbors, people in your area that live in the local and geographical standards. you will find these standards on our website that IRS will apply to all cases.
These are called the national standards.
Many taxpayers who cannot pay their tax debt are eligible for offer in compromise.
Last year over 38,000 taxpayers settled their tax debt via the offer in compromise.
Over 78,000 were filed.
The average settlement was $.14 on a dollar.
After taking your financial statement we will walk you through the IRS pre-qualifier tool to see if you are a suitable candidate for a tax debt settlement. You can find the pre-qualifier tool right on our website.
One of the huge advantages our firm has is the fact that on staff as a former IRS revenue officer that has worked these cases for the Internal Revenue Service.
Contact us today for a free initial tax consultation we will walk you through the various programs offered by the Internal Revenue Service.
We have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
Stop IRS – Tax Levy, Bank & Wage Garnishment Levy, Affordable Former IRS = West Covina, Torrance, Santa Clarita, Pasadena
by Fresh Start Tax | Sep 22, 2014 | Tax Help
We are a full service tax firm that specializes in all IRS matters and have been doing so since 1982.
We are the affordable IRS Tax Experts.
We have over 206 years of professional tax experience, over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax office of the Internal Revenue Service.
We know every system used by IRS.
We taught the book used by IRS agents to learn there jobs.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
If you have any type of IRS problem, matter or situation you can contact us today for a free initial tax consultation and get true affordable tax release from true IRS tax experts.
All our work is done in-house by these experts.
FST can resolve any issues that you have owe back IRS taxes, need to file back or past due tax returns, or need to make payments to the Internal Revenue Service.
We can explain in detail how you can settle your IRS taxes if you are a qualified candidate for the offer in compromise program.
Filing Back or Past Due Tax Returns
If you have to file back or past-due returns we can do so with little or no records.
We find that many times when taxpayers you not file one year the snowball rolls down the hill and just gets bigger and bigger.
Do not be worried, we can pull your IRS income records and prepare your tax return and work out a settlement all at the same time.
Make payments to the IRS.
If you need to make payments to the IRS there are generally three type of plan solutions available, call us today and we will walk through the process with you.
The IRS Settlement Program, the Offer in Compromise
An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. If the liabilities can be fully paid through an installment agreement or other means, the taxpayer will in most cases not be eligible for an OIC.
In order to be eligible for an OIC, the taxpayer must have:
- made all required estimated tax payments for the current year and
- made all required federal tax deposits for the current quarter if the taxpayer is a business owner with employees.
The IRS will not accept an OIC unless the amount offered by the taxpayer is equal to or greater than the reasonable collection potential (the RCP).
The RCP is how the IRS measures the taxpayer’s ability to pay. The RCP includes the value that can be realized from the taxpayer’s assets, such as real property, automobiles, bank accounts, and other property.
In addition to property, the RCP also includes anticipated future income, less certain amounts allowed for basic living expenses.
The IRS may accept an OIC based on three grounds.
1. First, acceptance is permitted if there is doubt as to liability. This ground is only met when there is a genuine dispute as to the existence or amount of the correct tax debt under the law.
2. Second, acceptance is permitted if there is doubt that the amount owed is fully collectible. Doubt as to collectibility exists in any case where the taxpayer’s assets and income are less than the full amount of the tax liability.
3. Third, acceptance is permitted based on effective tax administration. An offer may be accepted based on effective tax administration when there is no doubt that the tax is legally owed and that the full amount owed can be collected, but requiring payment in full would either create an economic hardship or would be unfair and inequitable because of exceptional circumstances.
On the Fresh Start Tax staff are tax attorneys, certified public accountants, enrolled agents and former IRS agents managers and tax instructors.
We match you up specifically with the person who has the expertise with your particular tax matter situation.
A simple phone call to our firm and speaking to a tax expert will probably get you immediate relief to know your tax problem can be handled and managed by a true affordable tax professional.
Before hiring any tax resolution company check on the bios, the experience, and the complaint history before hiring any firm.
We are A+ rated by the Better Business Bureau and have been in practice since 1982.
IRS = Owe Back Taxes, Filing Back, Past Tax Returns, Make IRS Payments, Settle Tax Debt = West Covina, Torrance, Santa Clarita, Pasadena
