by Fresh Start Tax | Nov 24, 2019 | Tax Help
I am a former IRS agent and teaching instructor. Expert in the Offer in Compromise.
As a former IRS agent not only did I worked the offer of compromise program but I taught it to agents moving forward in their position to understand and accept and deny offers in compromise.
I have been in practice since 1982 and A+ rated by the Better Business Bureau.
I have worked thousands and thousands of cases.
Due to my experience both in the field, as an agent and a teaching instructor, I know the offer in compromise program inside and out.
The offer in compromise program is a very specialized field of tax expertise.
It is important to know that the average time spent on the acceptance of an offer in compromise is approximately 20 hours.
There is a voluminous amount of work that the IRS agent does before they can settle the case plus the accepted offer has to go up and down the line with signatures before the government can accept that offer in compromise.
You should know that every offer in compromise is open the public expunction at the regional offices.
IRS is very cautious on what offer they accept. IRS considers it a privilege and not a right to have your taxes discounted by the federal government.
It’s best to fill out the pre-qualifier tool or call a true expert before you send in a offer in compromise.
Call me for a free initial tax consultation and I will walk you through the process.
If your case cannot be resolved by offer in compromise program,there are two other programs taxpayers can qualify for.
The first is the IRS hardship and the second is the IRS payment plan. Keep in mind your financial statement is the sole determining factor on how IRS is going to closure case.
Call me today for a free initial tax consultation
What is a 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 will consider your unique set of facts and circumstances before accepting an OIC.
IRS will look at some of the following:
1.Ability to pay;
2.Income;
3.Expenses; and
4.Asset equity.
IRS will 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. You truly must be an eligible candidate before IRS will accept the offer in compromise. You can walk to the pre-qualifier or find a true certified IRS offer specialist to see whether you have a chance to get your offer accepted.
Make sure you are eligible for the OIC
The IRS will return any newly filed Offer in Compromise (OIC) application if you have not filed all required tax returns and have not made any required estimated payments.
Any application fee included with the OIC will also be returned. Any initial payment required with the returned application will be applied to reduce your balance due. This policy does not apply to current year tax returns if there is a valid extension on file.
You are not eligible if you are in an open bankruptcy proceeding.
Submit your offer in compromise like this.
You’ll find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF). Your completed offer package will include:
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 separate Form 656;
3.$186 application fee (non-refundable); and
Initial payment (non-refundable) for each Form 656.
Select a payment option to pay your offer in compromise.
Your initial payment will vary based on your offer and the payment option you choose:
Lump Sum Cash:
Submit an initial payment of 20 percent of the total offer amount with your application. If your offer is accepted, you will receive written confirmation. Any remaining balance due on the offer is paid in five or fewer payments.
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.
Understand the process of an offer in compromise
While your offer is being evaluated:
Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);
A Notice of Federal Tax Lien may be filed;
Other collection activities are suspended;
The legal assessment and collection period is extended;
Make all required payments associated with your offer;
You are not required to make payments on an existing installment agreement; and
Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
If your offer is accepted
You must meet all the Offer Terms listed in Section 7 of Form 656, including filing all required tax returns and making all payments;
Any refunds due within the calendar year in which your offer is accepted will be applied to your tax debt;
Federal tax liens are not released until your offer terms are satisfied; and
Certain offer information is available for public review by requesting a copy of a public inspection file.
If your offer is rejected
You may appeal a rejection within 30 days using Request for Appeal of Offer in Compromise, Form 13711 (PDF).
The IRS Independent Office of Appeals provides additional assistance on appealing your rejected offer.
Call us today to learn more about the offer in compromise and speak to true IRS tax experts.
Delray Beach, Deerfield Beach + IRS Offer in Compromise Expert + Former IRS Offer Specialist + Settle Your Tax Debt For Less
by Fresh Start Tax | Nov 23, 2019 | Tax Help
Michael Sullivan, Former IRS, Fresh Start Tax LOCAL Expert, seen of Fox Business New and ABC the Briefing Room, on IRS matters. Local Tax Firm, Since 1982. AFFORDABLE!
We are affordable LOCAL former IRS agents who specialize in the settling of IRS tax debts and the filing of back on file tax returns. Since 1982. A plus rated, BBB.
File & Settle All At The Same Time.
We have over 200 years of professional tax experience in over 100 years of working directly for the Internal Revenue Service in the local, district and regional tax offices of the Internal Revenue Service.
As former IRS agents, we worked also as managers, supervisors, appellate agents, and teaching instructors. There’s not many firms that have more direct IRS combined experience that are firm.
You can call us today for a free initial tax consultation and we will give you a specific actions and exit an strategy to rid yourself of the IRS problem completely.
Dealing with IRS and Settling Back IRS Tax Debt, at the Same Time
IRS generally deals with tax debt by asking for a documented financial statement to make a determination on how IRS will settle your case off the IRS collection computer.
Once IRS reviews your documented financial statement there are five different closing methods IRS will use to settle your case.
1. IRS Tax Hardships.
When IRS determines after reviewing your financial statement you do not have the ability to pay the tax based on their standards, IRS can put you into a currently not collectible status. While this status penalties and interest will run an IRS will resurface the case in one to three years.
Over 40% of taxpayers who have outstanding debt have their cases put in this hardship or currently not collectible status.
2. Payment plan or installment agreements.
After review of your current financial statement, IRS can give you a monthly payment plan and there are variety of payment plans that you can go and seek. The IRS has an online payment agreement based on dollar amounts but is best to calls for free analysis to make sure you qualify for the one that fits your financial needs at this time.
Over 6.5 million taxpayers have their cases placed in installment agreements every year.
3. The offer in compromise to settle your IRS tax debt.
Over 78,000 offers are filed every year and approximately 32,000 are accepted by the Internal Revenue Service for an average settlement of $7000.
The offer in compromise is a very specific settlement it is best to seek the advice of a true tax professional to get you the lowest settlement possible.
As a former IRS agent we worked the offer in compromise program and we are extremely familiar with the settlements and how they work. We can absolutely assure you we can settle your case for the lowest dollar possible for your current tax that.
4. File Bankruptcy.
There are variety of bankruptcy options to resolve your tax debt. When you call us today we will review with you the different options and see if they applied your case. To file a Chapter 7 taxes need to be three years or older, filed for two years and assessed for 270 days. Other rules apply but these are the general rules.
5. Statute of limitation expiration on IRS tax debt.
There is a 10 year statute of the limitation on IRS collection cases. The statute runs when IRS takes your tax return and puts it on their IRS collection computer.
Various things extend the statute of limitation.
When we review your case we will go over the case file with you to determine where the statute is on your given tax years.
Unfiled Tax Returns + Filing Tax Returns or Unfiled Back Tax Years
Over 16 million taxpayers do not file annual tax returns.
If you have not filed for many many years there is an IRS policy statement 5-1-133 that says you only have to file the last six years.
You should know that IRS keeps income transcripts for the last six years.
We have the ability through back end portal to pull transcripts to find out what has been filed what has not been filed AND the pull your wage and income reports without alerting the IRS.
If you do not have tax records to file your tax returns, we can prepare your return under reconstructive methods and not only get your tax return filed but settle your case at the same time.
We are experts in the reconstructed process because some of the members of our team are former IRS agents who not only worked but taught this reconstructive methods to new IRS agents.
Call us today for a free initial tax consultation and we will give you the very best settlement possible with IRS.
We can file your returns and settle your debt all at the same time.
Deerfield + Delray Beach + File Unfiled Back, Past Due, Late Tax Returns and Settle IRS Tax Debt + At the Same Time + Former IRS Agents
by Fresh Start Tax | Nov 22, 2019 | Tax Help
Michael Sullivan Fresh Start Tax Expert
We are a full-service affordable Tax Firm specializing in Tax Filings, Income, Business, Corporate tax prep, representation, settlements, IRS, Tax Audit, or Collection problems.
Need to file tax returns, current or past, if you received an IRS or state tax notice or letter, received a federal tax lien or IRS is trying to garnish your wages or take your bank account call us today and we can get you immediate relief for all IRS problems.
Lost Tax Records, Not a Problem:
We know How to Reconstruct Tax Returns as former IRS Agents. We Can File and Settle All At the Same Time, no worries.
We are affordable former IRS agents who specialize in the settling of IRS tax debts and the filing of back on file tax returns. Since 1982. A plus rated, BBB.
We have over 200 years of professional tax experience in over 100 years of working directly for the Internal Revenue Service in the local, district and regional tax offices of the Internal Revenue Service.
As former IRS agents, we worked also as managers, supervisors, appellate agents, and teaching instructors. There’s not many firms that have more direct IRS combined experience that are firm.
You can call us today for a free initial tax consultation and we will give you a specific actions and exit an strategy to rid yourself of the IRS problem completely.
Dealing with IRS and Settling Back IRS Tax Debt, at the Same Time
IRS generally deals with tax debt by asking for a documented financial statement to make a determination on how IRS will settle your case off the IRS collection computer.
Once IRS reviews your documented financial statement there are five different closing methods IRS will use to settle your case.
1. IRS Tax Hardships.
When IRS determines after reviewing your financial statement you do not have the ability to pay the tax based on their standards, IRS can put you into a currently not collectible status. While this status penalties and interest will run an IRS will resurface the case in one to three years.
Over 40% of taxpayers who have outstanding debt have their cases put in this hardship or currently not collectible status.
2. Payment plan or installment agreements.
After review of your current financial statement, IRS can give you a monthly payment plan and there are variety of payment plans that you can go and seek. The IRS has an online payment agreement based on dollar amounts but is best to calls for free analysis to make sure you qualify for the one that fits your financial needs at this time.
Over 6.5 million taxpayers have their cases placed in installment agreements every year.
3. The offer in compromise to settle your IRS tax debt.
Over 78,000 offers are filed every year and approximately 32,000 are accepted by the Internal Revenue Service for an average settlement of $7000.
The offer in compromise is a very specific settlement it is best to seek the advice of a true tax professional to get you the lowest settlement possible.
As a former IRS agent we worked the offer in compromise program and we are extremely familiar with the settlements and how they work. We can absolutely assure you we can settle your case for the lowest dollar possible for your current tax that.
4. File Bankruptcy.
There are variety of bankruptcy options to resolve your tax debt. When you call us today we will review with you the different options and see if they applied your case. To file a Chapter 7 taxes need to be three years or older, filed for two years and assessed for 270 days. Other rules apply but these are the general rules.
5. Statute of limitation expiration on IRS tax debt.
There is a 10 year statute of the limitation on IRS collection cases. The statute runs when IRS takes your tax return and puts it on their IRS collection computer.
Various things extend the statute of limitation.
When we review your case we will go over the case file with you to determine where the statute is on your given tax years.
Tax Filings Preparation or Unfiled Tax Returns + Filing Tax Returns or Unfiled Back Tax Years, with or without tax records
Over 16 million taxpayers do not file annual tax returns.
If you have not filed for many many years there is an IRS policy statement 5-1-133 that says you only have to file the last six years.
You should know that IRS keeps income transcripts for the last six years.
We have the ability through back end portal to pull transcripts to find out what has been filed what has not been filed AND the pull your wage and income reports without alerting the IRS.
If you do not have tax records to file your tax returns, we can prepare your return under reconstructive methods and not only get your tax return filed but settle your case at the same time.
We are experts in the reconstructed process because some of the members of our team are former IRS agents who not only worked but taught this reconstructive methods to new IRS agents.
Call us today for a free initial tax consultation and we will give you the very best settlement possible with IRS or the State.
We can file your returns and settle your debt all at the same time.
Tax Debt Relief Settlement Services Help + Owe Federal/State Tax Debt + Sales Tax/Payroll Problems + File Tax Returns + Tax Notices/Letters + Deerfield, Delray Beach
by Fresh Start Tax | Nov 22, 2019 | Tax Help
We are a full-service tax firm, experts in IRS and state tax problems. Since 1982, A plus rated BBB. Free Consults.
We are the affordable firm since 1982 veteran tax attorneys, IRS lawyers, CPAs and former IRS agents that can help you through any IRS or state tax problem.
If you have any back IRS problems contact us today and we can tell you exactly all the different options to solve your problem. Affordable, since 1982. A plus Rated.
WE KNOW THE SYSTEM INSIDE AND OUT, WE WORKED AT THE IRS.
We are former IRS agents, managers and teaching instructors and know all the methodologies, settlement theories and negotiation strategies to resolve any tax debt that may be facing you.
On staff, tax attorneys, tax lawyers, CPA’s for court matters.
As soon as you get a IRS notice or letter call us. WE CAN STOP IRS ASAP.
We know the system and the governments in those areas very well. we are your best case for best results.
There are three basic ways/options that taxpayers have with their current tax situation problem.
IRS payment plans, IRS hardships, and IRS settlements. An IRS settlement is called an offer in compromise.
Some of the statistics are the following:
Over 6.5 million taxpayers enter into payment plans a year. 40% of all open collection cases given hardship and 38% of all taxpayers who file for offer in compromise qualify for settlement.
Since 1982 we have been resolving tax debt issues for thousands of clients.
We can solve any IRS tax matter or issue and review with you carefully weigh possible to solve any IRS problem.
We have worked thousands of cases and we have been former IRS agents, managers, supervisors and teaching instructors. We worked out of the South Florida IRS offices.
Within five minutes of hearing about your current situation we can give you an exact remedy to end your IRS tax problem file your back tax returns and settle your back tax problems.
Many of the taxpayers who need to file back tax returns and their variety of reasons why taxpayers have not who have not filed. The reason makes no difference. The bottom line is, sooner or later you have to file back tax returns.
We have a very easy and simple process to file All your back tax returns and settle your debt all at the same time.. The worry today. We can do everything at one time for affordable pricing. We have worked thousands of cases since 1982, we are surprised by nothing we just want to get your case closed for affordable fees.
Filing your back taxes with IRS is a must.
With or without records we can complete. All your tax returns due to our enormous amount of experience we have in filing back tax returns. We can simply pull IRS transcripts and prepare.
All back tax returns or we can prepare back tax returns to the process of IRS reconstructions. As former IRS agents and auditors we know exactly how to file your back tax returns with no records.
We can also almost guarantee after tax preparation is finished you will not be audited by the Internal Revenue Service.
Options for Settling IRS Tax debt with the IRS.
There are different ways to settle IRS tax debt and there are generally three programs that the taxpayer can qualify for.
1.the first is a hardship for currently non-collectible program.
There is good news and bad news about this program. After IRS takes a current documented financial statement, IRS may determine you are not collectible at the current time. IRS will suspend your case for a period of 1 to 3 years and put a freeze on it.
The good news is IRS’s off your back for a couple of years and the bad news is penalties and interest still run on it. A taxpayer should also be aware that the case will come out every couple of years to be reviewed.
2.the second program is the installment agreement for monthly payment.
6.5 million people your enter a payment plan with IRS.
After IRS takes a current financial statement they will determine how much money they expect from you on a monthly basis. IRS has certain national standards test that they use to determine it, then the taxpayer will be placed into a payment agreement. You can find the national standards on our site.
3.the third way to sell your debt is to qualify for an offer in compromise, this is where you can settle your debt for pennies on the dollar. it’s important for taxpayers to understand that not all are eligible for the offer in compromise program.
There is a pre-qualifier tool.
I suggest everyone who wants to go the route was the direction of the offer make sure they are truly qualified before wasting time and money. As a former IRS agent, I taught the offer in compromise program at the IRS.
I can tell you within seconds of your settlement candidate. that after a review of your current financial statement, we will let you know which of the program to qualify for and
start to remove IRS out of your life.
Call us today for free initial tax consultation and we will walk you through the process and tell you how many years you have to file and let you know the different tax strategies based on your current financial conditions.
You will never have to speak to the Internal Revenue Service, ever. We are a full-service firm with All work being done in-house.
In summary, if you have any IRS problem whatsoever & need the help of an IRS tax lawyer tax attorney, or looking to settle an IRS tax debt, eligible for tax relief repayment plan with IRS, or wish to settle your debt through the offer in compromise, call us today for a free initial tax consultation.
Here the truth today to function tax professionals for all IRS or state tax matters.
Since 1982, no professional firm has more experience than us.
Tax Attorney, IRS Lawyer Help For IRS & Sales Tax Problems, Assistance + Free Consults + Since 1982
by Fresh Start Tax | Nov 22, 2019 | Tax Help
We can fix any IRS problem, former IRS agents, since 1982, the affordable IRS problem solvers. A local AFFORDABLE South Florida tax firm.
We have over 65 years of direct experience as former IRS agents, managers and teaching instructors. We worked right here and the local Fort Lauderdale and Miami IRS offices.
Not only were we former supervisors, we were on-the-job instructors that trained new IRS agents their jobs.
We know the system inside and out. We know all the methodologies, settlement theories, protocols, and the most affordable and quickest ways to go ahead and fix your IRS problem.
When you want to fix an IRS problem there is nothing like having former IRS agent experience to get to the heart of the problem and resolve the problem is fast as possible.
If you have back IRS tax debt there are a variety of options that we can explore to go ahead and get the best case settlement on the back tax debt owed.
Generally, cases where back tax debt is owed IRS will require a financial statement to make a determination. Those financial statements will be on 433 f that you can find on our website.
IRS will always require that financial statement to be documented and supported along with bank statements, copies of expenses and verification of income. IRS has a national and regional standard test for all expenses.
It is wise to know what the standards and know how IRS will review your case before contacting the Internal Revenue Service. As former IRS agents we can well predict ahead of time how IRS will work your case and put preventative measures in place so no harm is done.
As a general rule, wants IRS reviews your case and two options are available to most taxpayers. remember your current financial statement is going to dictate on how IRS will close your case. The key is packaging of your financial statement to the Internal Revenue Service in making sure all documents correspond with your current statement.
IRS will review your case and put you into a currently non-collectibles status or hardship or a payment agreement.
Over 40% of all cases in which IRS deals with back tax debt wind up in this non-collectible status. The second option is that of a monthly installment payment.
Over 6.5 million taxpayers interest to monthly installment payments which are completely based on your individual financial statements.
If you have received a wage levy garnishment or a bank levy, within 24 hours of receiving your current financial statement we can get your levy or garnishment release and your case close with IRS.
Upon your initial call to us we will review your various options. The call is free and you have nothing to lose.
If you are going an IRS audit there is no one better to represent you that a former IRS agent who was a manager with the audit division.
Call us today for free initial tax consultation we will walk you through the process. when you call our office you will speak to a true IRS tax expert and not a salesperson.
We are a full service tax firm committed to excellence.
Help Fix IRS Problem + Back Tax Debt + IRS Levy, Wage Garnishment + Payment Plans + Settle Taxes +IRS Audit + Former IRS +
by Fresh Start Tax | Nov 22, 2019 | Tax Help
We are a full-service affordable Christian tax firm specializing in tax, representation, settlements, IRS, Sales Tax Audit, or Collection problems.<><
Proverbs 11:14
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
Proverbs 15:22
Without counsel plans fail, but with many advisers they succeed.
Proverbs 19:20-21
Listen to advice and accept instruction, that you may gain wisdom in the future.
Our firm is comprised of former IRS agents managers and teaching instructors with over 200 years of professional tax experience and over 100 years of working directly for the Internal Revenue Service. <><
If you need a simple tax preparation you can speak directly to our CPAs or former IRS agents who can ensure you are paying the least amount of tax allowed by law and we can audit proof your tax return.
Offer in Compromise, IRS Debt Tax Settlement
We are staffed with a former IRS agent who was a former teaching instructor with the Internal Revenue Service of the offer in compromise.
Not only that he is a national speaker and expert in IRS collection matters, he is been on FOXBusiness news, ABC the briefing room, NBC and CBS. He will tell you within minutes whether you can settle your tax debt and for the lowest amount of money possible.
Owing Back IRS Tax.
If you owe back taxes with the Internal Revenue Service we will go over the three basic programs that IRS uses to close out your tax debt on the IRS enforcement computer.
The three programs are getting your account placed in a currently not collectible or hardship status, getting put on a payment agreement on a monthly basis or you can settle your tax debt for pennies on the dollar to the offer in compromise program.
40% of all open cases get placed in currently not collectible, 6.5 million taxpayers have their debts placed in payment plans and 32,000 taxpayers settled there tax debt through the offer in compromise program.
IRS Federal Tax Liens
There are various ways to get a federal tax lien removed and depending on each case and there is a different application.
When you call our firm you will speak to a former IRS agent who review your case with you and let you know the best way to get your federal tax lien released.
IMMEDIATE IRS Bank Levy and Wage Garnishment releases.
Within 24 hours of receiving your current financial statement and documentation we can guarantee we can get your IRS bank levy or wage garnishment released.
IRS will want a current financial statement on a designated form with documentation to support the numbers and figures on that financial statement. Upon receiving this form, we can get immediate release of your IRS bank levy and wage garnishment and settle your tax that at the same time using one of the three programs listed above.
IRS Tax Audit Representation
There is no one better to represent you during an IRS tax audit than a former IRS agent manager and supervisor. With our unique experience and deep knowledge of the Internal Revenue Service, you can be represented by somebody who knows the system inside and out.
Not only can we fight at the local level but if necessary, we can bring your case to appeals or Tax Court if necessary.
We are a full-service Christian tax firm that will represent any problem that you have from a simple IRS notice or letter to going to Tax Court.
Christian Tax Firm + IRS Tax Debt Relief + Offer in Compromise + Owe Back Taxes + Lien, Levies, Garnishments, Audits, Sales Tax Audits or Debt +
