by steve | Feb 11, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC A Professional Tax Firm “A” Rated by the BBB
Starting with “What’s New for 2010” IRS Publication 17, Your Federal Income Tax, takes you step by step through each part of your individual Federal Income tax return. This comprehensive booklet explains the tax law in a way that will help you better understand your taxes so that you pay only as much as you owe and no more.
Here are the top six things the IRS wants you to know about Publication 17.
Publication 17, Your Federal Income Tax, is available on the IRS website at http://www.irs.gov and contains a wealth of information for individual taxpayers.
The online version of Publication 17 contains electronic links that make finding your answer simple. Both the downloadable PDF and online 2010 Publication 17 have thousands of helpful hyperlinks.
Publication 17 is packed with basic tax-filing information and tips on what income to report and how to report it.
Publication 17 also includes information on figuring capital gains and losses, claiming dependents, choosing the standard deduction versus itemizing deductions, and how to claim valuable tax credits.
Publication 17(SP) El Impuestos Federal sobre los Ingresos is available in Spanish.
You can get a hard copy of Publication 17 for free. To get a copy, visit http://www.irs.gov or call 800-TAX-FORM (800-829-3676).
by steve | Feb 11, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC A Professional Tax Firm “A” Rated by the Better Business Bureau Principles practicing tax law since 1982
On staff are Board Certified Tax Attorneys, Lawyers, CPA’s, and former IRS Agents, instructors and IRS Tax Managers.
We have 140 years of professional tax experience and 60 years of working for the IRS. We have successfully worked thousands of tax cases. We know all the tax strategies required to successfully close your case.
The IRS requires three specific things to immediately settle your tax debt or release your IRS tax levy.
1. All tax returns are filed and up to date. The IRS will not release any tax levies until this happens.
2. They have a current financial statement, 433-F, with documentation to verify its correctness.
3. How you are planning to close your case. The Three options in closing your case are:
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. The National Standard Test will apply.
b. Payment Agreements are agreed upon monthly installment payments to the IRS.
c. Offer in Compromise. 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 – 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.
One of our Board Certified Tax Attorneys, CPA’s, or former IRS Agents, Managers/Instructors at Fresh Start Tax will guide you through this process to get you the best possible results.
by steve | Feb 11, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax A Professional Tax Firm A Local South Florida Tax Firm “A” Rated by the Better Business Bureau
On staff are board Certified Tax Attorneys, Lawyers, CPA’s. Practicing Tax Law since 1982. Our home office is in Ft.Lauderdale. Come see us for a free tax consultation.
We have 140 years of professional tax experience and 60 years of working for the IRS. We are also comprised of former IRS Agents and Managers who know every tax strategy required to get you the very best result.
We are licensed and certified by the IRS. We have been practicing tax law since 1982.
The IRS requires three specific things to immediately settle your tax debt.
1. All tax returns are filed and up to date. The IRS will not release any tax levies until this happens.
2. They have a current financial statement, 433-F, with documentation to verify its correctness.
3. How you are planning to close your case. The Three options in closing your case are:
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. The National Standard Test will apply.
b. Payment Agreements are agreed upon monthly installment payments to the IRS.
c. Offer in Compromise. 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 – 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.
One of our Board Certified Tax Attorneys, CPA’s, or former IRS Agents, Managers/Instructors at Fresh Start Tax will guide you through this process to get you the best possible results.
by steve | Feb 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC is a Professional Tax Firm located in South Florida. We have been practicing tax law and IRS representation since 1982 directly in South Florida.
We have over 140 years of direct IRS tax experience and have worked directly for the IRS in the IRS South Florida IRS office.
We have an “A” Rating with the Better Business Bureau. Visit us for a free tax consultation.
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
by steve | Feb 10, 2011 | IRS Tax Advice, Tax News
Are you looking for a Professional Tax Firm to represent you in IRS Matters and Problems? We are “A” Rated by the Better Business Bureau
In business since 1982, 205 years of professional tax experience, 60 years of work experience for the IRS. We are Board Certified Tax Attorneys, Lawyers, former IRS Agents and Tax Managers.
Fresh Start Tax LLC is one of the most trusted name in IRS Tax Representation. On staff is some of the finest Tax Help and IRS Representation professional in the business We are Tax Relief specialists.. We have a nationwide tax practice and we are a professional tax firm not an tax mill.
Call us for a free tax consultation or use our free video conferencing.
Fresh Start Tax 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 representation. We know all the IRS tax strategies because of our extensive IRS working backgrounds. Some of our many specialties include the following:
* 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
Our Company Resume: ( Since 1982 )
* Our staff has over 135 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 | Feb 10, 2011 | IRS Tax Advice, Tax News
Fresh Start Tax LLC “A” Rated by the Better Business Bureau Since 1982 140 years of tax experience, 60 years of work experience for the IRS.
Fresh Start Tax LLC is one of the most trusted name in IRS Tax Representation. On staff is some of the finest Tax Help and IRS Representation professional in the business We are Tax Relief specialists.. We have a nationwide tax practice and we are a professional tax firm not an tax mill.
On staff are Board Certified Tax Attorneys, Lawyers, CPA’s and former IRS agents and Managers.
Call us for a free tax consultation.
Fresh Start Tax 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 representation. We know all the IRS tax strategies because of our extensive IRS working backgrounds. Some of our many specialties include the following:
- 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
Our Company Resume: ( Since 1982 )
- Our staff has over 135 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
