by Fresh Start Tax | Jan 30, 2013 | Tax Help
Back Taxes – IRS & State – Former Agents Can Settle – Miami, Ft.Lauderdale, Palm Beaches, South Florida 954-492-0088
If you have any issues with your back taxes with either the Internal Revenue Service or the State of Florida contact us today for immediate and permanent tax resolution on your back tax issues or your back tax problems.
Free consultations are available with Tax Attorneys, CPAs were former IRS agents.
We are comprised of tax attorneys, CPAs and former IRS agents, managers and instructors. We have over 60 years of direct work experience in the local South Florida IRS offices and we have been in the positions of agents, managers, instructors, and former IRS appeals agents.
All our work is done in-house and we are A+ rated by the Better Business Bureau. We have been serving South Florida since 1982.
So if you have any back tax issues whether you have not filed tax returns or owed back taxes or going through a tax audit call us today and we will match you up with the tax specialist that can immediately and permanently start to resolve your IRS back tax problem.
The new Fresh Start Program by the Internal Revenue Service
The Internal Revenue Service six months ago made major changes in the way they deal and handle taxpayers that all back taxes. The new fresh start program or fresh start initiative is going to help out thousands and thousands upon taxpayers to go ahead and more readily and easily handled their IRS tax problems. IRS has made dealing with back taxes a much easier.
Please find below changes made in back taxes due to the new Fresh Start Program.
Federal Tax Lien Thresholds.
The IRS will significantly increase the dollar thresholds when federal tax liens are generally filed.
The new dollar amount is in keeping with inflationary changes since the number was last revised. Currently, liens are automatically filed at certain dollar levels for people with past-due balances on back taxes.
The IRS plans to review the results and impact of the federal tax lien threshold change in about a year.
A federal tax lien gives the IRS a legal claim to a taxpayer’s property for the amount of an unpaid tax debt. Filing a Notice of Federal Tax Lien is necessary to establish priority rights against certain other creditors.
Usually the federal government is not the only creditor to whom the taxpayer owes money.
A federal lien informs the public that the U.S. government has a claim against all property, and any rights to property, of the taxpayer.
This includes property owned at the time the notice of lien is filed and any acquired thereafter. A federal tax lien can affect a taxpayer’s credit rating, so it is critical to arrange the payment of taxes as quickly as possible.
Federal Tax Lien Withdrawals
The IRS will also modify procedures that will make it easier for taxpayers to obtain lien withdrawals.
Federal Tax Liens will now be withdrawn once full payment of taxes is made if the taxpayer requests it. The IRS has determined that this approach is in the best interest of the government.
In order to speed the withdrawal process, the IRS will also streamline its internal procedures to allow collection personnel to withdraw the liens.
Direct Debit Installment Agreements and Federal Tax Liens
The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement .
For taxpayers with unpaid assessments of $25,000 or less, the IRS will now allow lien withdrawals under several scenarios:
Lien withdrawals for taxpayers entering into a Direct Debit Installment Agreement.
The IRS will withdraw a lien if a taxpayer on a regular Installment Agreement converts to a Direct Debit Installment Agreement.
The IRS will also withdraw liens on existing Direct Debit Installment agreements upon taxpayer request.
Federal Tax Liens will be withdrawn after a probationary period demonstrating that direct debit payments will be honored.
This lowers user fees and saves the government money from mailing monthly payment notices.
Installment Agreements and Small Businesses
The IRS will also make streamlined Installment Agreements available to more small businesses. The payment program will raise the dollar limit to allow additional small businesses to participate.
Small businesses with $25,000 or less in unpaid tax can participate.
Currently, only small businesses with under $10,000 in liabilities can participate. Small businesses will have 24 months to pay.
The streamlined Installment Agreements will be available for small businesses that file either as an individual or as a business.
Small businesses with an unpaid tax assessment balance greater than $25,000 would qualify for the streamlined Installment Agreement if they pay down the balance to $25,000 or less.
Small businesses will need to enroll in a Direct Debit Installment Agreement to participate.
Offers in Compromise or Tax Debt Settlements
The IRS is also expanding a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
This streamlined OIC is being expanded to allow taxpayers with annual incomes up to $100,000 to participate. Tax Participants must have tax liability of less than $50,000, doubling the current limit of $25,000 or less.
Compromises or Tax Debt Settlements are subject to acceptance based on legal requirements. Call us for more details.
An offer-in-compromise ( OIC ) is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
Generally, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement. The IRS will looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
Areas of Professional Tax Practice:
- Same Day IRS Tax Representation
- Offers in Compromise or 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 if Tax Records are lost or destroyed
- Back Taxes
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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”
- 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 90.3 Net Monthly Radio Show-Business Weekly
Back Taxes – IRS & State – Former Agents Can Settle – Miami, Ft.Lauderdale, Palm Beaches, Florida Keys – LOCAL
by Fresh Start Tax | Jan 28, 2013 | Tax Help
IRS Problem – Tax Problem – Local Former IRS Agents – Ft.Lauderdale, Miami, Palm Beaches 954-492-0088
Let former Local IRS agents, managers, and instructors resolve your IRS tax problem today.
We are local South Florida Attorneys, CPAs, enrolled agents, and former IRS agents, managers and instructors. Stop the worrying about your IRS Tax Problem.
Whether you have :
1. Received a IRS Notice or Letter,
2. Are about to undergo a IRS Tax Audit,
3. Owe Back Taxes,
4. Looking to Settle a IRS Tax Debt,
5. Have unfiled tax returns.
We have over 206 years of professional tax experience in over 60 years of working directly for the Internal Revenue Service and the local South Florida offices.
We have been former IRS agents, managers, and former IRS instructors.
We also taught tax law at the Internal Revenue Service.
As a result of our years of service at IRS we know all the tax policies, tax strategies, tax settlement policies and we know all the ways to bring a peaceful resolution to your IRS tax problem.
Call us or visit us for free tax consultation today.
You’ll speak directly to a tax attorney or former IRS agent that can go over all your tax options and go ahead and remedy your case. Stop the worrying and stop the problem today.
Areas of Professional Tax Practice:
- Same Day IRS Tax Representation
- Offers in Compromise or 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 if Tax Records are lost or destroyed
- IRS Problem, Tax Problem
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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 90.3 FM Net Radio Show-Business Weekly
IRS Problem – Tax Problem – Local Former IRS Agents – Ft.Lauderdale, Miami, Palm Beaches
by Fresh Start Tax | Jan 28, 2013 | Tax Help
Sales Tax – File, Owe Settle – Sales Tax Representation, Former Agents 1-866-700-1040
If you have any sales tax issues contact our professional firm today and we can completely and permanently result any sales tax issues that you may have. We are comprised of tax attorneys, CPAs, enrolled agents and former IRS agents managers and instructors.
We have over 206 years professionals tax experience and have over 60 years of working directly for the federal government and working with the different states on resulting sales tax issues.
Sales Tax – File, Owe, Settle – Sales Tax Representation, Former Agents
Fresh Start Tax L.L.C. is one of the premier tax resolution firms in the country. We deal with all types of civil cases including individuals, businesses, non-profits, partnerships and corporations.
We have staff that specialize in every facet of IRS AND STATE Tax Representation.
We know all the IRS and State tax strategies because of our extensive federal and state working backgrounds. We were Former IRS Certified Tax Instructors that taught IRS Tax Law in the IRS Regional Training Center.
Some of our many specialties include the following:
Areas of Professional Tax Practice:
- Same Day IRS and State Tax Representation
- Offers in Compromise or IRS, State 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 and State 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 if Tax Records are lost or destroyed
- Tax Experts in Filing and Settlements of State Tax Issues
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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 90.3 FM Monthly Radio Show-Business Weekly
by Fresh Start Tax | Jan 26, 2013 | Tax Help
Help with Income Tax Problems – Audits, Negotiations, Settlements
If you need help with income tax problems you should call the professionals at Fresh Start Tax LLC.
You can speak directly with Tax Attorneys, CPAs, or former IRS Agents and Managers.
We have over 60 years of direct tax experience working at the IRS in the local, district, and regional tax offices of the Internal Revenue Service.
We also taught tax law to new IRS agents.
We are tax specialty firm that deals with all areas of income tax problem.
We handle IRS tax audits, tax negotiations, tax appeals, and IRS tax settlements. All work is done in-house.
We have been in private practice since 1982 before starting our Internet company.
You can contact us today for free tax consultation and we will be able to put your mind at ease with any issue that you may be having.
IRS tax audits
IRS audits about 1% of all income tax returns.
They do so through mail correspondence, IRS office audits, or through IRS revenue agents. If you feel you have a very small matter and have no skeletons in the closet we recommend you handle the problem all by yourself.
For any matter that requires negotiation or any area that you feel uncomfortable about you should always contact a tax professional. If there are some real issues you have or have some real skeletons you should never ever go into IRS unrepresented.
Regarding IRS negotiations attack settlements.
If you owe IRS back taxes there are one of three available tax options.
Anyone who owes back taxes are required to fill out a financial statement along with all the documentation to match the numbers on that given financial statement.
After IRS reviews the financial statement the IRS will make you determination to put your case in a:
1. tax hardship,
2.installment agreement, or
3. may recommend an IRS tax settlement called and offered compromise.
IRS will be hitting the Tax Gap hard in the upcoming years.
What is the Tax Gap?
The tax gap is the difference between taxes owed and taxes paid to the IRS.
The Internal Revenue Service estimates that over the past thirty years the tax gap has ranged from 16 to 20 percent of total tax liability. I personally believe it is much higher. For 2012, the IRS estimates the gross tax gap at $345 billion, or slightly over 16 percent of tax liability, of which $55 billion will eventually be recovered through voluntary late payments and enforcement activities, leaving a net tax gap of about $290 billion.
Some tax experts view the tax gap as a major revenue source that can be used to close the federal budget deficit or to pay for reform of the alternative minimum tax, without raising taxes.
The potential revenue gains from proposals to improve enforcement can result in a large income stream to the United States government.
IRS is starting to put in place measures that will alert IRS of non-filers and ways to spot the delinquent activity. In one report I have read recently there is an estimate of 55% of all self employed businesses that do not report all their income to the Internal Revenue Service. IRS understands this is a huge problem and is awaiting manpower to go ahead and address this issue.
Non filing and underpayment of reported taxes account for less than 20 percent of the gross tax gap;,under reporting on timely filed tax returns makes up the bulk of the gap.
Under reporting on individual income tax returns alone accounted for about 70% of the gross tax gap in 2001.
Over 70% of under reported individual tax is for business and self-employment income which the IRS has no easy way to verify independently.
Only 11% percent of the under reporting gap is attributable to corporate income tax, and only 1.4 percent to the estate tax and excise taxes.
Individual income taxpayers fail to report about 54 percent of income from sources for which there is no information reporting, such as sole proprietorships.
In contrast, less than 5 percent of income from easily verified sources-interest, dividends, and pensions-goes unreported.
Help with Income Tax Problems – Audits, Negotiations, Settlements
by Fresh Start Tax | Jan 26, 2013 | Tax Help
Bank Levy on Tax – Bank Tax Levy Releases – NOW 1-866-700-1040
We are comprised of tax attorneys, CPAs, and former IRS agents, managers, and instructors who have over 60 years of direct work experience at the Internal Revenue Service.
We know all the tax policies, tax settlement procedures and closing options to remedy your case as fast as possible.
We are A+ rated by the Better Business Bureau.
It is very possible to get a bank levy released on your back tax debt today.
By contacting the IRS and providing them a current financial statement IRS has the ability to release your bank tax levy. IRS will require a valid form 433F along with complete documentation.
IRS has a very specific process regarding all levies on bank account and/or wages. It should be known that the IRS does not like to levy but taxpayers give IRS no choice.
If the taxpayer does not comply with IRS notices, bills, and letters the IRS is systematically set up to issue levies on bank accounts and wages.
By levying a bank account or your wages it forces the taxpayer to contact IRS to provide them with a current financial statement along with documentation to reach a reasonable settlement with the Internal Revenue Service.
Upon reviewing your current financial statement and all documentation to verify your financial statement, IRS will usually will release a bank tax levy.
When contacting IRS with your financial statement it is best to have an exit strategy.
We will go over with you all the different strategies and tax options there are to settle your case with IRS.
IRS will be either looking for a tax settlement called the offer of compromise, or they will be looking for a payment or installment agreement, or based on your current financial statement IRS may determine that your case is a tax hardship at the current time.
You can learn more about economic tax hardships on our website.
At fresh start tax we contact the Internal Revenue Service with a power of attorney, provide the IRS your financial statement with all documentation and work out a tax settlement.
As a general rule, the day we provide IRS with your financial statement and documentation the Internal Revenue Service will release a bank tax levy.
What is a levy
A levy is a legal seizure of your property to satisfy a tax debt.
Levies are different from liens.
A federal tax lien is a claim used as security for the tax debt, while a tax levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes , the IRS may seize and sell any type of real or personal property that you own or have an interest in. IRS has the ability to seize and sell almost any asset that you have.
IRS has the right to seize other assets
We could seize and sell property that you hold (such as your car, boat, or house), or
We could levy property that is yours but is held by someone else such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions.
IRS usually levies only after these three requirements are met:
1. IRS assessed the tax and sent you a Notice and Demand for Payment;
2. You neglected or refused to pay the tax and,
3. IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
Delivery of the IRS notice – IRS has options
IRS may give you this notice:
a. in person,
b. leave it at your home or
c. your usual place of business,
d.or send it to your last known address by certified or registered mail, return receipt requested.
The IRS may also levy your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
You may ask for the manager to review your case
You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice.
You must file your request within 30 days of the date on your notice. This 30 days is a firm date and no extensions are granted.
Some of the issues you may discuss include:
a. You paid all you owed before we sent the levy notice,
b. We assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
c .IRS made a procedural error in an assessment,
d. The time to collect the tax (called the statute of limitations) expired before we sent the levy notice,
5. You did not have an opportunity to dispute the assessed liability,
6. You wish to discuss the collection options, or make a spousal defense.
Bank Levy on Tax – Bank Tax Levy Releases – NOW
by Fresh Start Tax | Jan 24, 2013 | Tax Help
Tax Levy on a Paycheck – Get IRS Tax Levy Released Now 1-866-700-1040
Have Former IRS agents and managers get your money back!
If the IRS has sent a tax levy on your paycheck call us today and find out how you can get your wage levy released.
We are comprised of Attorneys, CPAs, and former IRS agents, managers and instructors that have over 60 years of direct working experience with the Internal Revenue Service.
We can explain the complete process to you, get your tax levy released and work out a tax settlement with the Internal Revenue Service.
Tax or wage levies can usually be released by your next paycheck so do not be worried nor be bullied by the Internal Revenue Service.
IRS Tax Levy protocol
An individual taxpayers wages, salary, and other income can be levied.
Wages, salary, and other income also include payment for personal services in a work relationship. IRS can also go ahead and levy be your bank account as well.
If a Employer Threatens to Fire Taxpayer Because of a Levy
Sometimes an employer threatens to fire an employee to avoid handling a IRS Tax Levy. This might be a violation of 15 USC 1674. You can call us for more detail.
If the employer fires the taxpayer because of this, the employer might be fined not more than $1000 or imprisoned for not more than one year, or both. These cases are far a few between however is a good warning for an employer who thinks about threatening his employee with termination.
If this is the situation with you you will have to refer the taxpayer s employer to the Wage and Hour Division of the Department of Labor (DOL).
DOL, not IRS, must decide if the employer violated the law.
Continuous Effect of Levy on Salary and Wages
A levy on a taxpayer’s wages and salary has a continuous effect.
It attaches to all future payments, until the IRS tax levy is released. Wages and salary include fees, bonuses, commissions, and similar items.
All other tax levies only attach to property and rights to property that exist when the levy is served.
Tax levies on bank accounts
If a bank account is levied, it only reaches money in the account when the levy is served. It does not reach money deposited later. therefore the levy is only good at the time place and date of service. The bank account is frozen but still active.
When other income is levied, the levy reaches payment the taxpayer has a fixed and determinable right to. If the taxpayer’s right to that payment is not dependent upon the performance of future services, then the levy will reach the future payments as well.
Part of the individual taxpayer’s wages, salary, (including fees, bonuses, commissions and similar items) and other income, as well as retirement and benefit income, is exempt from levy.
Exempt amounts
IRS is restricted by law from taking the entire paycheck. Exempt amounts will be taken into consideration.
The total of the taxpayer’s standard deduction and the amount deductible for exemptions on an income tax return for the year the levy is served.
Then, this total is divided by 52.
Income that is not paid weekly is prorated, so the same amount is exempt.
Court ordered child support
In addition, the amount the taxpayer needs to pay court ordered child support is exempt.
The support order can originate from a court or administrative process under the laws and procedures of a state, territory or possession.
If support is allowed, the same child can not be claimed as an exemption for figuring the exempt amount.
Do not be bullied by the IRS. Get your levy released and settle your case. Call today can find out more on how to get immediate results. 1-866-700-1040.
Tax Levy on a Paycheck – Get IRS Tax Levy Released Now
