by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax “A” Plus Rated by the Better Business Bureau
A Professional Tax Firm Principles practicing tax law since 1982
If you want to get rid of your tax problems, hire former IRS Agents and Managers.
Get immediate Tax Relief from former IRS Agents.I
RS Tax
Why Hire Fresh Start Tax, LLC We tell you the truth!
1. Fresh Start Tax is a National Tax Firm whose principles have been practicing Tax Law since 1982.
2. On staff are Board Certified Tax Attorneys, CPA’s, Former IRS Agents, Managers and Instructors.
3. Former IRS Agents/Managers will review, manage, represent and close your IRS Tax Case for the best settlement possible.
4. We are one of the most experienced and trusted Professional Tax Firms with over 140 years of professional tax experience.
5. We have an “A” Rating from the Better Business Bureau.
Areas of Practice
- Immediate Tax Representation
- Offers in Compromise/Settlements
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Notices/Bill of Intent to Levy or Final Notices
- IRS Tax Audits, Large and Small Dollar
- Hardships Cases, Payment Plans, Installment Agreements
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Trust Fund Penalty Cases/6672
- Non-filers, never filed, old and past due tax returns
- IRS Total Tax Relief
Do your homework before hiring a Professional Tax Firm. Make sure they have on staff Board Certified Tax Attorneys, Lawyers, CPA’s, 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/
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax “A” Plus Rated by the Better Business Bureau
A Professional Tax Firm Principles practicing Tax Law since 1982
Hire one of the most experienced and trusted tax firms when it comes to immediate tax help for IRS Tax Levy Releases.
We are IRS Tax Experts.
Why Hire Fresh Start Tax, LLC ? Because we tell you the truth!
1. Fresh Start Tax, LLC principles have been practicing Tax Law and IRS Representation nationwide since 1982. We are licensed and certified in all 50 States. IRS Tax Levy ef
2. On staff are Board Certified Tax Attorneys, CPA’s and host of former IRS Agents, Managers and Instructors.
3. Former IRS Agents, Managers and Instructors will manage, review, represent and settle your tax case for the best possible settlement.
4. We are one of most experienced and trusted Professional Tax Firms with over 140 years of professional tax experience.
How we immediately get Notices of Wage and Bank Levies Released. irs tax levy immediate tax relief
As former IRS Agents and Managers we have issued thousands of IRS Wage/Garnishment and Bank Levies. We know exactly how to quickly get them released. We have what it takes.
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to them.
2. We 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 the IRS uses to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days even if you have lost your tax records.
3. The IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case based on their current financial needs. We get them an agreement based on their current needs.
Settlement agreements can be in different forms:
a. Hardship Settlements. 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.
b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the use for the lowest possible amount required.
c. Offer in Compromise. There are three types of OICs:
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.
3. Effective Tax Administration – 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.
Do your homework before hiring a Professional Tax Firm. Make sure they have on staff Board Certified Tax Attorneys, Lawyers, CPA’s, 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/
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC “A” Plus Rated by the Better Business Bureau
A Florida Professional Tax Firm practicing IRS Tax Law since 1982 in the State of Florida
We are IRS Tax Experts in Offers in Compromise and Tax Settlements.
Do not give your case to a tax mill. You will be ripped off.
Why hire anybody else.
Hire a former IRS Tax Instructor for Offers in Compromise and IRS Tax Settlements.
We have over 140 years of IRS tax experience and over 60 years of working for the IRS in the local and regional IRS Offices.
We have trained other IRS Agents the Offer in Compromise Program as well as other tax professionals. You can go right to the direct source of authority.
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 – 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.
Our Company Resume: ( Since 1982 )
- Our staff has over 140 years of professional tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, Certified Public Accountants, Enrolled Agents,
- Former IRS Managers, Instructors and Trainers
- Highest Rating by the Better Business Bureau “A”
- Extremely ethical and moral
- Fast, affordable, and economical
- Licensed to practice in all 50 States
- Premium on client communication
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
- As heard on 90.3 FM Monthly Radio Show, You and the IRS
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC “A” Plus Rated by the Better Business Bureau
A Local Professional South Florida Tax Firm.
Practicing in the South Florida area since 1982.
Call us today for a free tax consultation.
Immediate tax relief from IRS Wage Garnishments and Tax Levy.
We are former IRS Agents and Managers who use to work in the local Miami and Ft.Lauderdale IRS offices.
We have over 60 years of IRS work experience and our tax firm has over 140 years of professional tax experience.
Areas of Tax Practice:
- Immediate Tax Representation
- Offers in Compromise/Settlements
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Notices/Bill of Intent to Levy or Final Notices
- IRS Tax Audits, Large and Small Dollar
- Hardships Cases, Payment Plans, Installment Agreements
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Trust Fund Penalty Cases/6672
- Non-filers, never filed, old and past due tax returns
- Wage Garnishments and Tax Levy
How we immediately get Notices of Wage and Bank Levies Released.
As former IRS Agents and Managers we have issued thousands of IRS Wage/Garnishment and Bank Levies.
We know exactly how to quickly get them released. We have what it takes.
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to the IRS.
2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, IRS will refuse to work your case. This is leverage that the IRS uses to get you compliant.
We can pull tax transcripts, file and prepare your tax returns with days even if you have lost your tax records.
3. IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case based on their current financial needs. We get them an agreement based on their current needs.
Settlement agreements can be in different forms:
a. Hardship Settlements. 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 met your current expenses. IRS will use the National Standards Program to assess hardship.
b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs IRS uses for the lowest possible amount required.
c. Offer in Compromise. There are three types of OICs:
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.
3. Effective Tax Administration – 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.
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
So you got an IRS tax levy? You are not alone.
Last year the IRS sent out 1.8 million bank and wage garnishment tax levies to taxpayers. The IRS sends these levies out by a completely automated driven ” Date System.”
They follow a strict set of standards when sending Bank or Wage Garnishment levies out. If they say the federal tax levy is being sent, it will be sent. Not a human hand touches these levies as they are all automated.
You may ask, how do they know where to send the levy?
You have given them that information. Your tax return is the source of the IRS levy information.
On your tax return is income information from 1099 and W-2 wage sources. The IRS simply sends the levies out to those sources on your tax return. There is no CSI investigation or a blanket sweep of banks. Just your tax return.
The IRS sends all taxpayers at least 4 notices that you owe tax. The last notice is called the Intent to Levy. You will have 30 days to respond to this notice or bill.
This is your next step.
Before you call the IRS, serious thought should be given to hiring a professional tax firm that has extensive IRS experience.
Do not use a tax mill. A tax mill is a major company that hires sales persons that get a commission to bring your case into the company they work for. They know nothing about tax law. Ask to speak directly to the person that will handle your case and question them on their IRS work experience.
The next thing you need to do is to make sure all tax returns are filed and current. If they are not filed, ask the IRS for more time to get your returns in. The IRS will not close out your case unless all tax returns are filed.
Next, fill out a 433-F, an IRS financial statement. Be prepared to document the financial statement. The IRS will want total proof of all income and expenses listed.
Once you have that in order, you are ready to call the IRS. 1-800-829-3903
Big Caution….. the IRS uses the national standards tests for every location in the United States. They will ask for your income and allow the national standards for your area. They will subtract your expenses from your income and if there is a surplus, that will be your monthly payment to the IRS. If your expenses outweigh your income, your case can be put in hardship.
If you are not sure about this process, call a tax professional to walk you through this. It is the most important part of the process in closing your case.
The IRS will probably close your case with the following ways.
1. filing of an offer in compromise
2. a part payment agreement or
3. your case could be put in hardship.
Good Luck!
by steve | Mar 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC gives you the latest news from the IRS News Wire Former IRS Agents and Managers
Get Credit for Making Your Home Energy Efficient or Buying Energy-Efficient Products
Taxpayers who made some energy efficient improvements to their home or purchased energy-efficient products last year may qualify for a tax credit this year. The IRS wants you to know about these six energy-related tax credits created or expanded by the American Recovery and Reinvestment Act of 2009.
Residential Energy Property Credit This tax credit is for homeowners who make qualified energy efficient improvements to their existing homes. This credit is 30 percent of the cost of all qualifying improvements. The maximum credit is $1,500 for improvements placed in service in 2009 and 2010 combined. The credit applies to improvements such as adding insulation, energy efficient exterior windows and energy-efficient heating and air conditioning systems.
Residential Energy Efficient Property Credit This tax credit will help individual taxpayers pay for qualified residential alternative energy equipment, such as solar hot water heaters, solar electricity equipment and wind turbines installed on or in connection with their home located in the United States and geothermal heat pumps installed on or in connection with their main home located in the United States. The credit, which runs through 2016, is 30 percent of the cost of qualified property. ARRA removes some of the previously imposed annual maximum dollar limits.
Plug-in Electric Drive Vehicle Credit ARRA modifies this credit for qualified plug-in electric drive vehicles purchased after Dec. 31, 2009. The minimum amount of the credit for qualified plug-in electric drive vehicles, which runs through 2014, is $2,500 and the credit tops out at $7,500, depending on the battery capacity. ARRA phases out the credit for each manufacturer after they sell 200,000 vehicles.
Plug-In Electric Vehicle Credit This is a special tax credit for two types of plug-in vehicles — certain low-speed electric vehicles and two- or three-wheeled vehicles. The amount of the credit is 10 percent of the cost of the vehicle, up to a maximum credit of $2,500 for purchases made after Feb. 17, 2009, and before Jan. 1, 2012.
Credit for Conversion Kits This credit is equal to 10 percent of the cost of converting a vehicle to a qualified plug-in electric drive motor vehicle that is placed in service after Feb. 17, 2009. The maximum credit, which runs through 2011, is $4,000.
Treatment of Alternative Motor Vehicle Credit as a Personal Credit Allowed Against AMT Starting in 2009, ARRA allows the Alternative Motor Vehicle Credit, including the tax credit for purchasing hybrid vehicles, to be applied against the Alternative Minimum Tax. Prior to the new law, the Alternative Motor Vehicle Credit could not be used to offset the AMT. This means the credit could not be taken if a taxpayer owed AMT or was reduced for some taxpayers who did not owe AMT.
