by steve | Oct 11, 2011 | Tax News
How to get copies of your prior year Forms W-2 from the IRS
The quickest way to obtain a copy of a prior year Form W-2 (PDF) is through your employer.
If that is not possible, you can order and pay for copies of your entire return (attachments include Form W-2 (PDF)) from IRS, or
Order Form W-2 (PDF) information at no charge from the IRS.
The IRS can provide Form W-2 (PDF) information for up to 10 years.
Information for the current year is generally not available until the year after it is filed with the IRS. For example, Form W-2 (PDF) information for 2007, filed in 2008, will not be available from IRS until 2009.
To receive a copy of your return, complete and mail Form 4506 (PDF), Request for Copy of Tax Return.
To receive a tax return transcript, complete and mail Form 4506-T (PDF), Request for Transcript of Tax Return.
You should allow 60 calendar days for a response.
by steve | Oct 11, 2011 | Representation, Tax News
An Enrolled Agent is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals.This designation maybe be found on the IRS Power of Attorney form, 2848.
What does the term IRS Enrolled Agent actually mean?
Enrolled means to be licensed to practice by the federal government, and Agent means authorized to appear in the place of the taxpayer at the IRS. Only Enrolled Agents, tax attorneys, and CPAs may represent taxpayers before the IRS. The Enrolled Agent profession dates back to 1879 when, after questionable claims had been presented for Civil War losses, Congress acted to regulate persons who represented citizens in their dealings.
Enrolled Agent” (EA) is a tax professional who has passed an IRS test covering all aspects of taxation, plus passed an IRS background check. Enrolled Agents have passed a two-day, 8-hour examination.
The examination covers all aspects of federal tax law, including the taxation of individuals, corporations, partnerships, limited liability partnerships and various regulations governing IRS collections and audit procedures. Like CPAs and Tax Attorneys, Enrolled Agents can handle any type of tax matter and represent their client’s interests before the IRS. Many states allow EA’s to practice before them as well.
IRS Enrolled Agents can advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. Enrolled Agents expertise in the continually changing field of taxation enables them to effectively represent taxpayers audited by the IRS. You see Enrolled Agents today representing taxpayers before the collection division.
Privilege and the Enrolled Agent: The IRS Restructuring and Reform Act of 1998 allow federally authorized practitioners a limited client privilege.
This privilege allows confidentiality between the taxpayer and the Enrolled Agent under certain conditions. The privilege applies to situations in which the taxpayer is being represented in cases involving audits and collection matters. It is not applicable to the preparation and filing of a tax return.
This EA privilege does not apply to state tax matters, although a number of states have an accountant-client privilege with the U.S. Treasury Department. Check with each State to find out whether this privilege is allowed.
by steve | Oct 7, 2011 | Tax News
Fresh Start Tax L.L.C. was sad to hear the news today about the J K filing.
We are not sad for J K Harris but for the many taxpayers they have ripped off over the years this is great news. They have just ripped off so many taxpayers.
Fresh Start Tax LLC is offering free tax consultations to anybody that can prove they were a Harris customer and we will cut our fees in half to finish there case.
Call us today for a no cost professional tax consult and hear the truth.
The time has finally come to let the American public know the crap that has been going on at Harris. Other losers are some of the hard working employees that got caught up in this mess.
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 Tax Representation.
We know all the IRS tax strategies because of our extensive IRS 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 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
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 FM Monthly Radio Show-Business Weekly
See our Home Page for more details Thank you
by steve | Oct 7, 2011 | Tax News
Fresh Start Tax LLC will give free tax counsel to any JK Harris customer. We will be offering no cost professional tax consults. Former IRS Agents , Managers and Instructors will tell you the truth. “A” Rated by the BBB.
1-866-700-1040
This has been a long time coming. While it is very unfortunate for both employees and thousands of defrauded consumers this should have happened a long time ago.
We have gotten so many consumers taxpayers from JK Harris and could not even count. They have hurt and tax resolution, taxpayers and consumers have lost their trust in other creditable companies.It has been one law suit after another. Final the plug may be pulled once and for all.
Hopefully the gross negligence stops.
New Wire:
The JK Harris company once advertised that it could resolve people’s tax debts for “pennies on the dollar,” but now it could be the company’s creditors and disgruntled former clients who will get less than they are owed.
JK Harris & Co. plans to seek bankruptcy protection in Charleston to head off an attempt by the Texas attorney general’s office to force the company into receivership, said company founder John K. Harris. The company, a national tax-debt-resolution service based in Goose Creek, has been dogged by cash-flow problems and the cost of large settlements related to claims that it misled consumers.
by steve | Oct 7, 2011 | Tax News
From the IRS News Wire to Clients of Fresh Start Tax LLC
Small Business Health Care Tax Credit – What Employers Need to Know About Claiming
Many small employers that pay at least half of the premiums for employee health insurance coverage under a qualifying arrangement may be eligible for the small business health care tax credit. This credit can enable small businesses and small tax-exempt organizations to offer health insurance coverage for the first time. It also helps those already offering health insurance coverage to maintain the coverage they already have.
The credit is specifically targeted to help small businesses and tax-exempt organizations that primarily employ 25 or fewer workers with average income of $50,000 or less.
Here is what small employers need to know so they don’t miss out on the credit for tax year 2010:
Hurricane Irene, Tropical Storm Lee and other recent disaster-related tax relief postponed certain tax filing and payment deadlines to Oct. 31, 2011. Qualifying businesses affected by these natural disasters still have time to file and claim the small employer health care credit on Form 8941 and claim it as part of the general business credit on Form 3800, which they would include with their tax return. For more information on the disaster relief visit IRS.gov.
Sole proprietors who file Form 1040, Partners and S-corporation shareholders who report their income on Form 1040 and had requested an extension have until Oct. 17 to complete their returns. They would also use Form 8941 to calculate the small employer health care credit and claim it as a general business credit on Form 3800, reflected on line 53 of Form 1040
.
Tax-exempt organizations that file on a calendar year basis and requested an extension to file to Nov. 15 can use Form 8941 and then claim the credit on Form 990-T, Line 44f.
Businesses who have already filed can still claim the credit. For small businesses that have already filed and later determine they are eligible for the credit, they can always file an amended 2010 tax return. Corporations use Form 1120X and individual sole proprietors use Form 1040X.
Businesses that couldn’t use the credit in 2010 may be eligible to claim it in future years. Some businesses that already locked into health insurance plan structures and contributions for 2010 may not have had the opportunity to make any needed adjustments to qualify for the credit for 2010. So these businesses may be eligible to claim the credit on 2011 returns or in years beyond.
Small employers can claim the credit for 2010 through 2013 and for two additional years beginning in 2014.
For tax years 2010 to 2013, the maximum credit for eligible small business employers is 35 percent of premiums paid and for eligible tax-exempt employers the maximum credit is 25 percent of premiums paid.
Beginning in 2014, the maximum tax credit will go up to 50 percent of premiums paid by eligible small business employers and 35 percent of premiums paid by eligible tax-exempt organizations.
Additional information about eligibility requirements and calculating the credit can be found on the Small Business Health Care Tax Credit for Small Employers page of IRS.gov.
by steve | Oct 3, 2011 | Tax News
Fresh Start Tax LLC IRS Tax Experts Affordable Professional Tax Firm “A” Rated by the BBB Since 1982
The IRS recently announced a voluntary settlement program, offering a “Fresh Start” to businesses that have misclassified employees as independent contractors.
These usually are related to 941 payroll tax issues.
Employers that accept the new program offered by the IRS would pay 10 percent of the amount of employment taxes that would otherwise have been due on compensation paid for the most recent tax year to the workers.
The IRS stepped up several types of tax audits of income, partnerships, and corporate businesses. This particular PROGRAM ( called Fresh Start ) IRS is looking at whether workers were being misclassified in 2010.
You can find employer/ employee relationships on our website.
Some employers have misclassified employees as independent contractors, which avoids the withholding of payroll taxes. This has been a wide spread area of abuse especially in transient areas and in the construction industry.
If you have more questions and need professional tax help, call us today.
