by Fresh Start Tax | Apr 8, 2014 | Tax Help
Do not let the IRS bully you, fight back, let Former IRS agents handle your problem and never speak to the IRS.
We are a local South Florida Affordable Professional Tax Firm.
We are former IRS agents, managers and tax instructors that worked out of the local South Florida IRS offices.
We have a combined 60 years of experience in the local South Florida IRS offices.
We are A+ rated by the Better Business Bureau and one of the South Florida’s most affordable choices for resolving any back tax problem that you have.
We can immediately stop the federal tax levy, file all your back tax returns, settle your tax case for the lowest possible dollar if you are a true settlement candidate and represent you during an IRS tax audit.
All our work is done in-house.
We have been practicing in South Florida since 1982.
Being from South Florida and working in the local South Florida IRS offices we understand all the problems, concerns and the mentality of IRS employees.
You can call us today for a free initial tax consultation and speak directly to a true tax professional.
We will conduct a free review and assessment on your case and let you know the fastest, quickest and most affordable way to remedy your tax problem.
You can come by visit our offices, Skype us or simply pick up the phone and speak directly to a true tax professional.
IRS – Back Taxes Help – Stop Levy, Back Tax Filing, Settlement, Audit *AFFORDABLE* Hialeah, Norland, Opa-locka, Westview, Gladeview
by Fresh Start Tax | Apr 8, 2014 | Tax Help
Like most things that govern the Internal Revenue Service, there are policies and guidelines that dictate the boundaries of both the taxpayer and the Internal Revenue Service.
In many of the areas, IRS issues policy statements which are general guidelines and how the service is to conduct their mission in a particular area of tax.
This particular tax policy deals with the trust fund recovery penalty.
As a side note: We are former IRS agents and managers who worked the trust fund recovery penalty while at IRS and now we defend those in which the service is actively seeking to get a protective assessment.
Contact us today and we will give you an opinion on possible defenses for the trust fund recovery penalty.
Policy Statement 5-14 (Formerly P-5-60)
Trust Fund Recovery Penalty Assessments
Trust Fund Recovery Penalty Assessments:
The trust fund recovery penalty, applicable to withheld income and employment (social security and railroad retirement) taxes or collected excise taxes, will be used to facilitate the collection of tax and enhance voluntary compliance.
If a business has failed to collect or pay over income and employment taxes, or has failed to pay over collected excise taxes, the trust fund recovery penalty may be asserted against those determined to have been responsible and willful in failing to pay over the tax. Responsibility and willfulness must both be established.
The withheld income and employment taxes or collected excise taxes will be collected only once, whether from the business, or from one or more of its responsible persons.
Collection of the withheld income and employment taxes or collected excise taxes is achieved when the Service’s right to retain the amount collected is established.
Determination of Responsible Persons
Responsibility is a matter of status, duty, and authority.
Those performing ministerial acts without exercising independent judgment will not be deemed responsible.
In general, non-owner employees of the business entity, who act solely under the dominion and control of others, and who are not in a position to make independent decisions on behalf of the business entity, will not be asserted the trust fund recovery penalty.
The penalty shall not be imposed on unpaid, volunteer members of any board of trustees or directors of an organization referred to in section 501 of the Internal Revenue Code to the extent such members are solely serving in an honorary capacity, do not participate in the day-to-day or financial operations of the organization, and/or do not have knowledge of the failure on which such penalty is imposed.
In order to make accurate determinations, all relevant issues should be thoroughly investigated.
An individual will not be recommended for assertion if sufficient information is not available to demonstrate he or she was actively involved in the corporation at the time the liability was not being paid.
However, this shall not apply if the potentially responsible individual intentionally makes information unavailable to impede the investigation.
Field investigations to determine the trust fund recovery penalty liability will be conducted promptly to enhance access to relevant information and reduce burden to taxpayers.
Absent statute considerations, assertion recommendations normally will be withheld in cases of approved and adhered to business installment agreements and bankruptcy payment plans. To the extent necessary, information will be gathered to support a possible assessment in the event the agreement is defaulted.
Application of Payments in Determining Trust Fund Recovery Penalty Assessments (effective for assessments where notices of TFRP liability are issued on or after June 19, 2000 and for any undesignated payment made on or after January 1, 2003)
Any payment made on the business account is deemed to represent payment of the non-trust fund portion of the tax liability (e.g., employer’s share of FICA) unless designated otherwise by the taxpayer.
The taxpayer, of course, has no right of designation of payments resulting from enforced collection measures.
To the extent partial payments exceed the non-trust fund portion of the tax liability, they are deemed to be applied against the trust fund portion of the tax liability (e.g., withheld income tax, employee’s share of FICA, collected excise taxes).
Once the non trust fund and trust fund taxes are paid, the remaining payments will be considered to be applied to assessed fees and collection costs, assessed penalty and interest, and accrued penalty and interest to the date of payment.
Trust Fund Recovery Penalty, IRS Policies – IRS Representation to Avoid Penalty
by Fresh Start Tax | Apr 8, 2014 | Tax Help
Affordable Representation!!!
No one can take care of your IRS problem faster and quicker than former IRS agents and managers who know the IRS system.
With a combined 60 years of IRS experience in the Florida IRS offices, we understand the systems, settlement areas, and all the protocols to settle all and any IRS cases.
While at the Internal Revenue Service we taught tax law to new IRS agents.
Our tax team is comprised of tax attorneys, tax lawyers, certified public accountants, enrolled agents, and former IRS agents, managers and tax instructors.
We have a total of 206 years of professional tax experience and we are A+ rated by the Better Business Bureau.
Our principles have been in private practice since 1982.
What you should know about IRS back tax help.
Regarding IRS tax levy releases, you can get an IRS tax Levy released within 24 hours.
You’ll need a current financial statement with all documentation. (on form 433 f )
Once we receive your financial statement we can generally have an executed release a federal levy to your bank or to your employer. All your tax returns will have to be filed in current with the IRS.
What you should know about filing back years.
If you need to file back tax years and have little or no records we can pull income tax transcripts that will let us know all the income that was reported on you by third parties to the IRS.
We can prepare your tax return if you have little or no records by means of reconstruction. Those reconstructive methods were taught to us by IRS when we worked there.
We can make sure that you pay the lowest amount of law allowed by tax.
If you will owe back taxes. we can work on a tax settlement for you.
What you need to know about IRS tax audits
If you are going to undergo an IRS tax audit only makes sense to call former IRS audit managers who can explain the complete system and settlement theories.
We can give you an individual assessment and let you know what your best tax audit defense strategy should be.
What you need to know about IRS settlements
IRS settlements are called offers in compromise.
The IRS accepts 38% of all offers in compromise file in the average settlement is $.14 on a dollar.
Before you ever submit an offer in compromise you should walk in the IRS pre-qualify tool on our website.
Call us today and speak directly to a former IRS revenue officer who both worked and taught the offer in compromise/tax settlement program at Internal Revenue Service.
Call us today for free initial tax consultation and you can speak to a tax attorney, certified public accountant, enrolled agent, or former IRS agent, manager tax instructor.
We are A+ rated by the Better Business Bureau.
Back Taxes Help – IRS Levy Releases, File Back Years, Audits, Settlement – DeBary, Deltona, Edgewater, Sanford, Mims – Tax Attorney, Lawyer
by Fresh Start Tax | Apr 8, 2014 | Tax Help
Have former IRS Agents and Managers who worked out the local South Florida offices resolve your IRS problem once and for all.
Our former IRS Agents have over 60 years of combined IRS work expereince out of the local, district and regional tax offices of the IRS.
We taught tax law at IRS.
We know all the protocols and systems to give you immediate and permanent IRS or state tax relief.
Be careful when calling Internet companies that claim they can provide IRS tax resolutions.
Over 95% of the companies you see on the Internet are marketing and advertising firms selling your business to third parties.
They sell your information for a given range anywhere from $50-$100 for your information.
Make sure you call a true professional tax firm if you are serious about resolving your IRS issue.
You can tell a professional company because they will have pictures of their professionals, bios on all their tax experts on there sites and they should be able to tell you expected results on a given case.
I also caution you that when you call most of these companies you’re speaking to a salesperson that has absolutely no idea about IRS tax or IRS tax resolutions.
Always make sure you can speak directly to the person that will be handling your case. Expect no less from a tax resolution firm.
Also check out their better business bureau rating.
Areas of Professional Tax Representation
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Full Service Accounting Tax Firm,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A” Plus
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
Areas of Professional Tax Practice:
- Same Day IRS & State Tax Representation
- Offers in Compromise / IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction
- FBAR/FATCA
Affordable Back Taxes Help – IRS Tax Levy, Audit, Settlement, Filing – Palm Beach Gardens, Wellington, Greenacres, Riveria Beach – Tax Attorneys,
by Fresh Start Tax | Apr 8, 2014 | Tax Help
We taught Tax Law at the IRS, We are affordable and know the system!
We our a professional tax firm that specializes in complete and permanent IRS relief.
Our firm is comprised of tax attorneys, tax lawyers, certified public accountants, enrolled agents, and former IRS agents, managers and tax instructors.
Our former IRS agents worked and trained out of the local, district, and regional tax offices in the state of Florida.
We have a combined 60 years of direct work experience at the Internal Revenue Service in the State of Florida.
We have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
FST is one of Florida’s most seasoned tax firms for IRS tax resolution.
IRS Tax Levy Releases
IRS sends out just over 1.8 million bank and wage garnishment levies every year. WOW !
The IRS levies because taxpayers fail to respond to the IRS last notice sent.
To get an IRS tax levy released you will have to provide IRS with the current financial statement along copies of your last pay stubs and a copy of all monthly expenses.
Once IRS has received this financial statement on form 433 f , the IRS will make a determination how to close your case and release the levy. This all can be done in one day.
As a general rule, once they receive your 433F financial statement and make a determination they will either place your case into an:
- economic tax hardship because of your current finances,
- insist you make a monthly payment because you have excess money left over at the end of the month, or
- let you know you are a tax settlement candidate to file an offer in compromise.
IRS tax audit defense
If the Internal Revenue Service is auditing your tax return, it only makes sense to hire a former IRS agent, a former IRS audit manager, or a former IRS appellate agent who knows the system of settlement the protocols in regard to tax audit defense. There are many strategies and we know them all.
If your case winds up going to the appeals division, we have a former IRS appellate agent on staff that can handle your needs.
IRS tax settlements
IRS accepts 38% of all offers in compromise filed for an average of four $.16 on a dollar.
IRS tax settlements are called an offer in compromise.
Before you fill out an offer in compromise to settle with Internal Revenue Service you should fill out the IRS pre-qualifier tool to make sure you are true settlement candidate. You can find this pre-qualifier tool on our website.
You do not give your money to any tax firm unless you are familiar with this pre-qualifier.
You will get ripped off by firms promising pennies on the dollar.
While pennies on of dollar is very very possible, make sure you’re a true settlement candidate.
I should know this because I’m a former IRS revenue officer who taught the offer in compromise program at the IRS.
You may call us today for free initial tax consultation and speak to a specific expert that can help you in your area of need.
We are one of Florida’s most trustworthy, affordable and tax expert firms for true IRS tax resolution.
by Fresh Start Tax | Apr 8, 2014 | Tax Help
Common Errors Made on Tax Returns
Review your tax returns before filing for common errors that could delay the processing of their returns.
Here are some ways to avoid common mistakes.
Filing electronically, whether through e-file or IRS Free File, vastly reduces tax return errors, as the tax software does the calculations, flags common errors and prompts taxpayers for missing information. And best of all, there is a free option for everyone.
- Mail a paper return to the right address.
Paper filers should check IRS.gov or their form instructions for the appropriate address where to file to avoid processing delays.
- Take a close look at the tax tables.
When figuring tax using the tax tables, taxpayers should be sure to use the correct column for the filing status claimed.
- Fill in all requested information clearly.
When entering information on the tax return, including Social Security numbers, take the time to be sure it is correct and easy to read. Also, check only one filing status and the appropriate exemption boxes.
While software catches and prevents many errors on e-file returns, math errors remain common on paper returns.
- Get the right routing and account numbers.
Requesting direct deposit of a federal refund into one, two or even three accounts is convenient and allows the taxpayer access to his or her money faster.
Make sure the financial institution routing and account numbers entered on the return are accurate. Incorrect numbers can cause a refund to be delayed or deposited into the wrong account.
- Sign and date the return.
If filing a joint return, both spouses must sign and date the return. E-filers can sign using a self-selected personal identification number (PIN).
- Attach all required forms.
Paper filers need to attach W-2s and other forms that reflect tax withholding, to the front of their returns. If requesting a payment agreement with the IRS, also attach Form 9465 to the front of the return.
Attach all other necessary schedules and forms in the sequence number order shown in the upper right-hand corner.
- Keep a copy of the return.
Once ready to be filed, taxpayers should make a copy of their signed return and all schedules for their records.
- Request a Filing Extension.
For taxpayers who cannot meet the April 15 deadline, requesting a filing extension is easy and will prevent late filing penalties.
Either use Free File or Form 4868. But keep in mind that while an extension grants additional time to file, tax payments are still due April 15.
Owe tax? If so, a number of e-payment options are available. Or send a check or money order payable to the “United States Treasury.
