by Fresh Start Tax | Nov 6, 2012 | California Tax, Offer in Compromise, Representation, Tax Help, Tax Lawyer, Tax Lien, Tax Settlements
Mr. Sullivan is a Former IRS Agent and Teaching Instructor with the Internal Revenue Service.
He not only worked the IRS Tax Debt Settlement Program called the Offer in Compromise he was a Instructor that taught the Program to new IRS agents in the local, district and regional offices of the IRS.
Fresh Start Tax L.L.C. is comprised of Board Certified Tax Attorneys, Tax Lawyers, CPA’s and Former IRS agents.
We have over 206 years of total tax experience and over 60 years of direct work experience with the IRS.
Fresh Start Tax L.L.C. Local California Office
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
In days past it was almost impossible to get an offer in compromise through to the IRS. IRS Tax Debt Settlement practice was almost obscure because IRS did not want to work the IRS Settlement Program. Thousands of Offers should have been accepted but due to the stubbornness of the IRS it lost millions of dollars in revenue because it failed to help suffering and struggling taxpayers.
The amount of work that goes into an accepted offer in compromise can be upward to 20 hours. It is far easier for an Agent to reject the offer than go through the task of accepting one. They are reviewed and approved to death.
Most practitioners would not even file Offers or tax settlements. The ones that did for the most part were preying on taxpayers claiming pennies on a dollar. Not all companies were part of this but it was sickening to see taxpayers paying thousands of dollars when they really never had a chance of getting a tax settlement given the financial facts of their cases.
The IRS would fight you on everything and the extent of the detail they wanted was outrageous.
With the Feds needing money and money in a hurry it finally decided to start settling back tax cases in which it would get instant dollars into the system.
The Commissioner and the powers to be came up with real guidelines that would help these struggling taxpayers final get some badly needed tax relief in the form of true pennies on a dollars settlement.
There are about 55,000 offers in compromise filed each and every year with about 25% of those offers be accepted. The average settlement on each case is about 14 cents on a dollar.
The New IRS Fresh Start Program is allowing taxpayers to settle there tax debt.
The Press Release sent out by the IRS called the Fresh Start Program. See modified version below.
In its latest effort to help struggling taxpayers, the Internal Revenue Service announced a series of new steps to help people get a Fresh Start with their tax liabilities and back tax debts.
The goal of the IRS is to help individuals and small businesses meet their tax obligations, without adding unnecessary burden to taxpayers.
Understand the process the settlement or offer practice.
While your offer or settlement is being evaluated it is important to know what will, take place:
a. 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);
b. A Notice of Federal Tax Lien may be filed;
c. Other collection activities are suspended;
d. The legal assessment and collection period is extended;
e. Make all required payments associated with your offer;
f. You are not required to make payments on an existing installment agreement; and
g. Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
The New Federal Tax Lien Policy
The IRS is announcing new policies and programs to help taxpayers pay back taxes and avoid the filing of the Federal Tax Liens. this alone is a cause for great joy because the filing of a federal tax lien will crush the credit of a business and or an individual.
The IRS is making fundamental changes to our federal lien system and other collection tools that will help taxpayers and give them a fresh start, “These steps are good for people facing tough times, and they reflect a responsible approach for the tax system.”
IRS making important changes to its federal tax lien filing practices.
The changes include:
a. Significantly increasing the dollar threshold when liens are generally issued, resulting in fewer tax liens.
b. Making it easier for taxpayers to obtain lien withdrawals after paying a tax bill.
c. Withdrawing liens in most cases where a taxpayer enters into a Direct Debit Installment Agreement.
d. Creating easier access to Installment Agreements for more struggling small businesses.
e. Expanding a streamlined Offer in Compromise program to cover more taxpayers.
Call us to see if you qualify for an offer in compromise. Do not file an offer unless you qualify. Free consultations, 1-866-700-1040.
by Fresh Start Tax | Nov 5, 2012 | California Tax, Representation, Sales Tax, Tax Help, Tax Relief, Tax Settlements
Tax Relief – Help Settle IRS Tax Problem – Local Tax Firm California
If you are going through IRS or State Tax Problems or Issues call Fresh Start Tax L.L.C. 1-866-700-1040.
We are a local tax firm that resolve your IRS or State Tax Issues or Tax Problems. We can help resolve your tax debt once and for all.
Stop the worry now! Get tax relief today.
Fresh Start Tax
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
We are comprised of Tax Attorneys, Tax Lawyers, CPA’s, Enrolled Agents and Former IRS Agents, Managers, Appeals Agents and Instructors.
With over 206 years of professional tax experience and 60 years of direct IRS work experience in the local, district and regional offices.
IRS has different options in dealing with those taxpayers that have tax debt.
How we can get your tax relief to Settle and Negotiate your case with the Internal Revenue Service or the State of California:
1. Fresh Start Tax LLC will immediately send a power of attorney to the IRS or State of California letting them know we are now your tax representative.
You will never have to speak to the IRS or the State. We handle all tax correspondence. You can stop the sorry today.
2. Fresh Start Tax LLC will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant with tax laws.They can opt to file tax levies and tax liens.
We will pull your tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records. We have reconstructed thousands of back tax returns to get taxpayers the tax relief they need.
3. The IRS will requires a current financial statement. We will secure a required 433-A (IRS financial statement) or a 433F that will verify the income and expenses and work out a settlement agreement.
The IRS will require a closing settlement method for each case. This will take the case off of the CADE 2 enforcement computer.
4. Fresh Start Tax LLC will review with our clients how they want to settle their case.
We get our clients tax relief with a agreement based on their current financial needs.
IRS Tax Settlement Agreements can be in different forms:
a. Hardship Settlements.
Tax cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship. This is also called an Economic Hardship. They are millions of cases right now in Hardship Status.
b. Payment Agreements.
Open IRS Collection Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required. We can get your life back to normal.
c. IRS Offer in Compromise. There are three types of OICs:
The IRS may accept an Offer in Compromise based on three grounds:
1. Doubt as to Collectibility.
Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability.
A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:(1) the examiner made a mistake interpreting the law,(2) the examiner failed to consider the taxpayer’s evidence or(3) the taxpayer has new evidence.
3. Effective Tax Administration or Exceptional Circumstances.
There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
Call us today and get experienced, honest and affordable IRS Tax Relief from the IRS or the State. 1-866-700-1040.
by Fresh Start Tax | Nov 5, 2012 | IRS Tax Problem, Representation, Tax Help, Tax Problem Help, Tax Relief
How to pick out the Best Tax Resolution Firm for IRS Tax Relief – Hire Former IRS Agents – Fresh Start Tax LLC 1-866-700-1040
IRS Tax Problem Help – Get the Right Tax Help to Solve IRS Problems, use Former IRS Agents
Do not be ripped off! It is easy to find out the Best Tax Firm for yourself.
Fresh Start Tax LLC is one of those tax firms with the highest rating in the business. 1-866-700-1040.
There are thousands of sites in the Internet that claim they are the right and best tax resolution firm/ company to get you IRS Tax Relief for IRS Tax Problems.
So how do you pick a tax firm to resolve your IRS problem once and for all?
With the down fall of J.K.Harris, Roni Duetch and Tax Masters you should look closer on who you chose before paying any money over to a tax firm that claims to be the best. There are many good one but few great ones.
Here is a list of things you should check for before choosing a tax resolution company.
1. Check out the Better Business Bureau Rating.
When looking at the BBB rating, find out how many complaints the company has had overall and especially those in the last couple months. This is usually a good indicator on the health of the company. Many companies actually have lawsuits filed against them.
2. Check out how long the Company has been in existence for.
If a company is brand new you may want to check a little further. Usually a history of how many years in business is a good indicator to the health of the Company. Stay away from new companies. Many times new companies are old companies that had to fold because of the number of BBB complaints and rating.
3. Check out how much IRS experience the companies employees may have.
As a Former IRS Agent and Teaching Instructor I have worked thousands of cases. Without any question while there are many good representatives that have not worked for the IRS the true cream of the crop of those who were former Agents.
Why?
Because they knew the closing systems and the tax procedures to close out the case. The former IRS agents were able to package the case the get the very best results for there clients. There is nothing like knowing the system.
3. When calling a tax company ask to speak directly to the person or professional that will be working your case. Insist on making that conversation taking place. If they are to busy to speak to you walk away quickly.
4. Check to make sure how many cases that person has worked before and what the probably result could be.
An experience tax professional can tell you with a high degree of accuracy how the case will probably be resolved. I can probably do that 99% of the time.
5. Check on the cost.
Flat fees are preferred so you do not get socked in the end. Some of these firms are charging $7500 and up. They are scam artists. Get two or three cost comparisons from various companies.
6. Does the firm guarantee a result.
No firm up front can guarantee a result. You must at least see a verified financial statement before rendering an opinion. If the firm is pushing they can get get you a tax settlement leave quickly. The offer in compromise” pennies on a dollar ” ploy has scammed thousands of taxpayers. Do not be a fooled.
7. Beware – When you call most companies you are calling a salesman. These people are called closers in the business. They sign you up make about 25% fee and promise you the moon without knowing much about the IRS. JK Harris was famous for this. You must check the credentials of the person you are talking with over the phone, at all cost avoid closers. Ask to speak directly to Tax Attorneys, Tax Lawyers, CPA’s, Enrolled agents or Former IRS agents.
8. Beware of Splash ads.
If you are cruising the Internet you will find thousands of what we call splash advertising campaigns. You can recognize them because they have little tax information and there will not be a Firm Bio page. These are advertisers trying to sign you up and sell your information to the highest bidder. Do not fill out these forms. Call the tax firm directly who you may want to hire.
Do your homework before hiring a Professional Tax Firm. Make sure they have on staff Board Certified Tax Attorneys, Lawyers, CPAs, Former IRS Agents and Managers. Also, check the following to ensure the creditability and history of the Tax Firm.
1. Better Business Bureau – www.bbb.org/us/Find-Business-Reviews
2. Complaints.com – www.complaintsboard.com
3. Rip Off Report – http://www.ripoffreport.com/
How to pick out the Best Tax Resolution Firm for IRS Tax Relief – Hire Former IRS Agents – Fresh Start Tax LLC
by Fresh Start Tax | Nov 5, 2012 | Back Taxes, IRS Notice or Letter, IRS Tax Debt, IRS Tax Problem, Tax Help, Tax Settlements
Mr. Sullivan is a tax resolution expert. He is a Former IRS Agent and a Teaching Instructor with the Internal Revenue Service.
His firm Fresh Start Tax LLC 1-866-700-1040 is comprised of Board Certified Tax Attorneys, CPA’s and other Former IRS Agents, Managers and Instructors.
If you want to make sure you qualify for the Current non Collectable Program ( Economic Hardship, CNC ) if you cannot pay the IRS, it is best to check with a true tax professional. This can completely change your life. It will certainly help you for a season in time.
Economic Hardship- Cannot Pay the IRS Back Taxes
As a Former IRS agent I can tell you there is a program within the IRS-IRM that allows taxpayers who cannot pay there tax bills at the present time, the program is called Economic Hardship. It is obvious why the IRS does not publicize the program, everyone in the world would want there case placed in this file.
To qualify for the Program the taxpayer will have to produce a IRS financial statement. You can find those forms on our home page website under IRS Forms.
Depending where your case is in the IRS computer system you will have to provide a Form 433A ( used by local offices and Revenue Officers ) or the 433F which is used by the ASC Units while the taxpayer is still in letter or notice status.
The Financial Statement must be completely filled in and have all relative documents attached to provide support to the fact you cannot pay the bill on back taxes you owe.
It should be noted that these cases are also call Current Non Collectable or CNC as it is known in the business.
This is not a forever thing. It is also critical to know that these cases go in to this status for a season in time. IRS reviews these cases from time to time.
When the IRS determines to put your case in Hardship Status, few persons know how and why these cases come back out to the field or back into the IRS collection system. Having been a former IRS Agent, I had placed hundreds of cases in the currently non collectible status.
These IRS tax cases Hardship, current not Collectable ) come back out to the ASC Unit or the IRS field office because of only three reasons:
1. The closing Revenue Officer working the case places a mandatory follow-up date on the file. Each Revenue Officer is different. They get a feel for the case based on the financial statement and the asset check that was made during the course of the investigation. Sometimes it is a hunch, other times you get a feel that income may increase at a given time. This mandatory follow-up date is strictly up to the reviewing Revenue Officer.
The manager has the last say on the closing code however most of the time it is left up to the discretion of the RO.
2. A certain closing code is placed on the back taxes case. If the Revenue Officer does not mandate a certain follow-up date, a closing code based on AGI is put on the case. For example, let’s say the closing code is 50.
This means is when the taxpayer reaches $50,000 in a AGI (adjusted gross income), the case will trigger back to the field. Once again, each Revenue Officer makes their own decision.
3. The statute is about to expire. Certain cases will trigger because the ten year statute of limitation on these back taxes is about to expire. These back tax cases usually come out 1 year before the 10 year statute. These are usually large dollar cases.Small cases usually do not get much attention.
The only other way a case may come back to the field is because a Congressional inquiry was made.
The IRS Definition of Economic Hardship
A IRS Economic Hardship ( Cannot Pay the IRS ) occurs when a taxpayer is unable to pay reasonable basic living expenses.
The determination of a reasonable amount for basic living expenses will be made by the IRS Commissioner and will vary according to the unique circumstances of the individual taxpayer. Unique circumstances, however, do not include the maintenance of an affluent or luxurious standard of living.
IRS has a National and Regional Tests
IRS will review your 433A or 433F and compare it to the National or Regional Standards. You must fall within the guideline of the established guideline by your case will be considered for Cannot Pay or an Economic Hardship.
What are the National Standards.
National Standards: Food, Clothing and Other Items
National Standards have been established for five necessary expenses:
1.food,
2. housekeeping supplies,
3.apparel and services,
4. personal care products and services,
5.and miscellaneous.
The National Standard for Food, Clothing and Other Items includes an amount for miscellaneous expenses. This miscellaneous allowance is for expenses taxpayers may incur that are not included in any other allowable living expense items, or for any portion of expenses that exceed the Collection Financial Standards and are not allowed under a deviation.
The standards are derived from the Bureau of Labor Statistics (BLS) Consumer Expenditure Survey (CES).
The survey collects information from the Nation’s households and families on their buying habits (expenditures), income and household characteristics.
IRS also has standards for Housing and Utilities Expenses and also for vehicle and operating costs. See our homepage toolbar, IRS forms.
What the IRS has done to help taxpayers with current Hardships
a. Added Flexibility for Missed Payments.
The IRS is allowing more flexibility for individuals with existing Installment Agreements who have difficulty making payments because of a job loss or other financial hardship. Depending on the situation, the IRS may allow a skipped payment or a reduced monthly payment amount. Taxpayers in this situation should contact the IRS.
b. Additional Review for Offers in Compromise on Home Values.
An Offer in Compromise (OIC), an agreement between a taxpayer and the IRS that settles the taxpayer’s tax debt for less than full amount owed, may be a viable option for taxpayers experiencing economic difficulties.
However, the equity taxpayers have in real property can be a barrier to an OIC being accepted. With the uncertainty in the housing market, the IRS recognizes that the real-estate valuations used to assess ability to pay are not necessarily accurate. So in instances where the accuracy of local real-estate valuations is in question or other unusual hardships exist, the IRS is creating a new, second review of the information to determine if accepting an offer is appropriate.
c. Prevention of Offer in Compromise Defaults.
Taxpayers who are unable to meet the periodic payment terms of an accepted OIC will be able to contact the IRS office handling the offer for available options to help them avoid default.
d. Postponement of Collection Actions.
IRS employees will have greater authority to suspend collection actions in hardship cases where taxpayers are unable to pay. If an individual has recently encountered a job loss or other financial problem, IRS assistors may be able to suspend collection in some situations without documentation to minimize burden on the taxpayer.
e. Expedited Levy Releases.
The IRS will speed the delivery of levy releases by easing requirements on taxpayers who request expedited levy releases for hardship reasons. Taxpayers seeking expedited releases of levies to an employer or bank should contact the IRS number shown on the notice of levy to discuss available options. When calling, taxpayers requesting a levy release due to hardship should be prepared to provide the IRS with the fax number of the bank or employer processing the levy.
Call us today to see if qualify for the Hardship Program, 1-866-700-1040
Cannot Pay the IRS Back Taxes – You can Ask for a Economic Hardship – Former IRS Teaching Instructor
by Fresh Start Tax | Nov 3, 2012 | Tax Help, Uncategorized
IRS BACK TAXES, FILE BACK TAX RETURNS – IRS LEVY, LIEN RELEASES
If you are having any issues with the IRS or the State of California call us today. 1-866-700-1040.
We are comprised of Board Certified Tax Attorneys, Tax Lawyers, CPA’s, Enrolled Agents and Former IRS agents and managers that taught Tax Law at the IRS.
We have over 60 years of direct IRS tax expereince in the local , district and regional offices of the IRS.
Our California Location
Fresh Start Tax – Joe Dimino
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
We are a National Firm with a local tax practice.
Owing Back Taxes.
If you owe back taxes to the IRS there are different options you have of immediately relieving your IRS or State tax debt.
The Internal Revenue Service will send out a series of tax notices and tax letters to your last known address.If these letters or notices are not responded to the IRS will send out Notices of Federal Tax Levies and or Federal Tax Liens, all to get your attention.
We can stop the IRS today. 1-866-700-1040
Having a tax professional call the IRS the day you get a notice can usually stop the IRS. It is important to understand that the IRS is as happy for you to get off there collection system as you are to close your case. IRS gets funded on closed cases and results.
The IRS system is built and designed for computers to do the work. The IRS is hoping you will can close your case via mail. When a tax professional works your case, the professional knows exactly what the IRS is looking for and presents a package for the IRS so your case can be closed instantly pleasing the IRS and spending up the collection process.
What IRS will require.
To close a case off of the IRS CADE 2 enforcement computer the IRS will require:
1. that all current withholding or ES payments are up to date,
2. IRS will require a 433F or a 433A ( this is a IRS financial statement )
3. all financial statements must be fully documented,
4. a plan of how your case will be settled.
How cases can be settled.
A IRS case can be settled based on your individual or business financial statement. IRS will look closely at your assets, your income and expenses and your future ability to make money.
The IRS will also apply the National Standards Test to determine if your current living expenses are in line to the National Averages.
The IRS National Standards
IRS Collection Financial Standards are intended for use in calculating repayment of delinquent taxes.
These National and Regional Standards are effective on April 2, 2012 for purposes of federal tax administration only.
Expense information for use in bankruptcy calculations can be found on the website for the U.S. Trustee Program.
You can download the national standards for food, clothing and other items in PDF format for printing if you look on pour website under IRS Forms.
Please take note:
The national and regional standard amounts change, so if you elect to print them of our site, check back periodically to assure you have the latest version.
National and Regional Standards have been established for five necessary expenses:
Food, housekeeping supplies, apparel and services, personal care products and services, and miscellaneous.
The standards are derived from the Bureau of Labor Statistics (BLS) Consumer Expenditure Survey.
With this information in the hand the IRS will carefully all documentation work out a tax settlement with you. It is imperative to get the very best deal in your situation , hire Fresh Start Tax LLC.
Call us for a no cost professional tax consult. 1-866-700-1040.
by Fresh Start Tax | Oct 30, 2012 | Back Taxes, California Tax, IRS Payment Plans, IRS Representation, IRS Tax Debt, IRS Tax Experts, IRS Tax Problem, Tax Help
Back Tax Relief – Late, Unfiled, Past Due Tax Returns – Hire Former IRS Agents 1-866-700-1040
We are a professional tax firm with over 205 years of professional tax experience. We have over 60 years of direct working experience with the IRS in the local, district and regional offices of the IRS.
We taught Tax Law at the IRS.
We know the system so stop the worry NOW!
We can get you immediate tax relief, so stop your worry today and contact us for a no cost professional tax consult. 1-866-700-1040.
If you have back, late, unfiled or past due tax returns with or without records we can file your back tax returns. We will also settle your case with the Internal Revenue Service.
We are friendly, local and affordable.
Fresh Start Tax LLC
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
If you have a back tax issue it is best to resolve the issues before you force the hand of IRS to take enforcement action. Believe it or not the IRS does not want to levy or lien.
Because of a lack of response from the taxpayer, the IRS system and the CADE 2 computer automatically generates federal tax liens and federal tax levies.
We can stop the IRS usually with on telephone call from an experienced tax representative.
What IRS will request.
IRS will request all your tax returns to be filed. They will usually give us a 30 day window to prepare all tax returns. During that process the IRS will usually suspend all collection and enforcement action on your case. Liens and levies will usually not be filed.
A Decision to Make
If, on the unfiled tax returns you owe tax (married filing jointly), make a decision whether or not to include both husband and wife on the liability. Sometimes it is better to only have one party responsible for the tax. We will talk over this situation with both spouses so the IRS cannot tie up joint assets.
Payment Agreements to the IRS
If you owe less than $50,000, you can get a streamline agreement automatically. Just call us today, 1-866-700-1040. We will not require a financial statement and can usually close your case out within the week.
Beware of Pension Plans or IRA’s
If you have a pension, 401K or IRA, the IRS can or will ask if you can liquidate it to pay the taxes. Find out beforehand if you can liquidate.Find out the consequences of doing so. If you owe under $50,000 this will not apply to you.
Can you settle your case?
Find out whether you qualify for an Offer in Compromise. An OIC can suspend IRS collection action. IRS will look at your assets and your income to make a determination. If you complete a 433OIC we will review your case and tell your whether you qualify for a Offer in Compromise. If IRS accepts the Offer your tax lien will be released.
Be current with your taxes.
Make sure you are current for withholding or estimated payments in the current year of the tax problem. IRS will verify that you have enough withholding being taken out of your check so you do not incur more taxes. You can adjust your W-2 or your 1040 ES payments.
Four million taxpayers pay their taxes using an installment agreement. Find out the criteria for a payment agreement before you call the IRS. Do not call the IRS without first having a plan.
Call us today and get some of the best tax professionals in the business for affordable prices, 1-866-700-1040.
Back Tax Relief – Late, Unfiled, Past Due Tax Returns – Costa Mesa, Anaheim, Newport, Glendale, Orange, Long Beach, Fullerton, Luguna – IRS Experts
