by Fresh Start Tax | Oct 14, 2013 | Tax Help, Tax Returns
Help with Unfiled, Delinquent Tax Returns
If you have unfiled or delinquent tax returns that need to be filed we can get you or your business back in the system worry free.
Contact us today and we can walk through this process worrying stress-free.
We are the affordable tax company.
If you owe Back Taxes ?
If you will wind owe back taxes as a result of unfiled, delinquent Tax Returns, FST can work out a tax settlement for you at the same time.
IRS will take a current financial statement and assess your case if you owe back taxes.
As a result of your financial statement you will either wind up in an economic tax hardship status, enter a payment agreement or IRS will settle your case with an offer in compromise.
We can file your unfiled, delinquent tax returns and make a tax settlement with the IRS at the same time.
There are million of taxpayers who failed to file their back tax returns but by not doing so taxpayers do themselves harm. You can lose benefits and possible tax refunds.
Some taxpayers can find themselves having:
- possibility of criminal problems,
- losing your Social Security and Medicare benefits while others are
- losing money the IRS would be refunding to him because of withholding in tax credits.
- peace of mind.
The process to get your back tax returns filed with the Internal Revenue Service is very simple and if you’re reading this you’ve already taken the first step to make that happen.
Lost Tax Records, no problems
If you need to file back income tax returns but you have lost your tax records, a professional tax firm should easily be able to assist you in this process. The process is call tax reconstruction.
It is a system used by the IRS to reconstruct your tax return from scratch.
Being Former IRS agents,managers,and instructors we have reconstructed hundreds of old tax returns.
Here is how the process of filing your back tax returns works.
a. If a taxpayer lacks income records the taxpayer should to the best of their ability reconstruct what they think their tax earnings were for each year.
They can do this simply by using a monthly averages for each of the years.
As an example, how much was one month of your rent or mortgage, your car expenses, your food, your insurance etc.
Arrive at a monthly figure and multiple it by 12. As a general rule your rent or mortgage is usually about 28% -32% monthly expenses.
b. If you have bank statements, what were your total deposits for the year? that maybe a start of your income.
The IRS agent will always add up the sum total of your bank deposits in attribute that to earn income.
c. Call the IRS and ask them for an income report record of all third parties that have reported to the IRS. Have no fear in calling the IRS and asking them for your tax records. This will not trigger any red flags.
The IRS keeps on their computer system a list of all third party sources that have reported 1099′s or W-2′s. The IRS will send this to you within a couple weeks of your request. IRS keeps this information on each taxpayer for the last seven years. Any third party who reported income to you will be listed on this income report.
d. Ask yourself, does this tax return make sense? Does the income tie into your style of living.
e. The Internal Revenue Service will want to make sure your financial fact patterns tie together.
They want to make sure your bank statements, your tax returns, your financial statement, in your cost-of-living all have a pattern. Simply by backing up into your cost of living one can simply find out how much income you need to pay those expenses. Make sure all of this ties together.
The IRS knows how much it costs to live in each area of the country. There are national averages of and you can find them on our website.
The tax return must reflect your living style and conditions over the period of time in which you are filing.
It is always best to let a professional tax firm handle this situation. The professional firms know the standards and the methods used by the IRS and if you owe tax, they can probably work out a tax settlement as well.
Not sure if you were suppose to file a tax return
If you are not sure you are required to file a return, refer to Publication 17, Your Federal Income Tax. You could simply go to the internal revenue site@IRS.gov.
There are certain income thresholds in which taxpayers are not required to file a tax return.
If you are required to file a return, but you cannot pay all of the tax due on your return, FST can be able to assist you with establishing a payment agreement.
If your tax return was not filed by the due date you may be subject to the failure to file penalty, unless you have reasonable cause for your failure to file timely.
- You may be eligible for abatement of penalty relief.
- There is no penalty for failure to file if you are due a refund.
If you wait to file a return or otherwise claim a refund, you risk losing a refund altogether. An original return claiming a refund must be filed within 3 years of its due date for a refund to be allowed in most instances.
You can lose possible tax refunds if you do not file
After the expiration of the three-year window, the refund statute prevents the issuance of a refund check and the application of any credits, including overpayment of estimated or withholding taxes, to other tax years that are underpaid.
However, the statute of limitations for the IRS to assess and collect any outstanding balances does not start until a return has been filed.
In other words, there is no statute of limitations for assessing and collecting the tax if no return has been filed.
Contact us for a free initial tax consultation and we can help you through this process.
We have been in practice since 1982 in our A+ rated by the Better Business Bureau.
We are the affordable nationwide tax firm practicing in all 50 states including providing tax representation for international taxpayers.
Help with Unfiled, Delinquent Tax Returns – AFFORDABLE TAX COMPANY
by Fresh Start Tax | Oct 14, 2013 | Tax Returns
File Old Tax Returns
If you need to file to get back in the system worry free contact us today and we can walk through this process worrying stress-free.
If you will wind up owing back taxes as a result of filing old tax returns we can work out a tax settlement for you at the same time.
We can file your back tax returns and make a settlement with the IRS at the same time.
I am a former IRS agent in teaching instructor and our firm can help you through this process.
If you have not filed your old tax returns you are not alone.
There are million of taxpayers who failed to file their back tax returns but by not doing so taxpayers do themselves harm.
Some taxpayers can find themselves having:
- possibility criminal problems,
- losing your Social Security and Medicare benefits while others are
- losing money the IRS would be refunding to him because of withholding in tax credits.
If you have not filed your old tax returns in years there is a very specific process that you can walk through to get you back in the system worry free.
You need to find IRS before they find you to keep away from the any criminal problem the IRS may consider.
The process to get your back tax returns filed with the Internal Revenue Service is very simple and if you’re reading this you’ve already taken the first step to make that happen.
If you need to file back income tax returns but you have lost your tax records, a professional tax firm should easily be able to assist you in this process. The process is call tax reconstruction.
Being Former IRS agents,managers,and instructors we have reconstructed hundreds of old tax returns.
Here is how the process of filing your back tax returns works.
a. If a taxpayer lacks income records the taxpayer should to the best of their ability reconstruct what they think their tax earnings were for each year. They can do this simply by using a monthly averages for each of the years.
As an example, how much was one month of your rent or mortgage, your car expenses, your food, your insurance etc. Arrive at a monthly figure and multiple it by 12. As a general rule your rent or mortgage is usually about 28% -32% monthly expenses.
b. If you have bank statements, what were your total deposits for the year? that maybe a start of your income. The IRS agent will always add up the sum total of your bank deposits in attribute that to earn income.
c. Call the IRS and ask them for an income report record of all third parties that have reported to the IRS. The IRS keeps on their computer system a list of all third party sources that have reported 1099′s or W-2′s. The IRS will send this to you within a couple weeks of your request.
d. Ask yourself, does this tax return make sense? Does the income tie into your style of living.
e. The Internal Revenue Service will want to make sure your financial fact patterns tie together.
They want to make sure your bank statements, your tax returns, your financial statement, in your cost-of-living all have a pattern. Simply by backing up into your cost of living one can simply find out how much income you need to pay those expenses. Make sure all of this ties together.
The IRS knows how much it costs to live in each area of the country. There are national averages of and you can find them on our website.
The tax return must reflect your living style and conditions over the period of time in which you are filing.
It is always best to let a professional tax firm handle this situation. The professional firms know the standards and the methods used by the IRS and if you owe tax, they can probably work out a tax settlement as well.
Not sure if you were suppose to File? Check out this IRS pub.
If you are not sure you are required to file a return, refer to Publication 17, Your Federal Income Tax.
If you are required to file a return, but you cannot pay all of the tax due on your return, FST can be able to assist you with establishing a payment agreement.
If your tax return was not filed by the due date (including extensions of time to file), you may be subject to the failure to file penalty, unless you have reasonable cause for your failure to file timely.
You may be eligible for abatement of penalty relief.
There is no penalty for failure to file if you are due a refund.
But, if you wait to file a return or otherwise claim a refund, you risk losing a refund altogether. An original return claiming a refund must be filed within 3 years of its due date for a refund to be allowed in most instances.
You can lose possible tax refunds if you do not file
After the expiration of the three-year window, the refund statute prevents the issuance of a refund check and the application of any credits, including overpayment of estimated or withholding taxes, to other tax years that are underpaid.
However, the statute of limitations for the IRS to assess and collect any outstanding balances does not start until a return has been filed.
In other words, there is no statute of limitations for assessing and collecting the tax if no return has been filed.
Contact us for a free initial tax consultation and we can help you through this process.
We can file all your back tax returns for the years you have not filed old tax returns and workout tax settlement if you are going to owe money.
Call us if you have questions, we are the affordable tax firm practicing nationwide tax relief.
File Old Tax Returns – Get back in the System Worry Free – Former IRS
by Fresh Start Tax | Oct 9, 2013 | Back Taxes, Tax Returns
Have Not Filed Back Tax Returns in Years – The process is simple and worry free
We can file your back tax returns and make a settlement with the IRS at the same time.
I am a former IRS agent in teaching instructor. If you have not filed your back tax returns you are not alone. There are millions upon millions of taxpayers who failed to file their back tax returns but by not doing so taxpayers do themselves harm.
Some taxpayers can find themselves having:
- criminal problems,
- losing their Social Security and Medicare benefits while others are
- actually losing money the IRS would be refunding to him because of withholding in tax credits.
If you have not filed your back tax returns in years there is a very specific process that you can walk through to get you back in the system worry free.
Millions of taxpayers do not file their back tax returns but at some point in time IRS will catch up with all these non-filers.
You need to find IRS before they find you to keep away from the any criminal problem the IRS may consider.
The process to get your back tax returns filed with the Internal Revenue Service is very simple and if you’re reading this you’ve already taken the first step to make that happen.
If you need to file back income tax returns but you have lost your tax records, a good tax firm should easily be able to assist you in this process.
As a former IRS Agent, while with the IRS, we were flooded with this request from scared taxpayers just wanting to do the right thing, but not sure on just how to do it.
Here is how the process of filing your back tax returns works.
1. The taxpayer should to the best of their ability reconstruct what they think their tax earnings were for each year. They can do this simply by using a monthly average for each of the years.
As an example, how much was one month of your rent or mortgage, your car expenses, your food, your insurance etc. Arrive at a monthly figure and multiple it by 12. As a general rule your rent or mortgage is usually about 28% monthly expenses.
2. If you have bank statements, what were your total deposits for the year? that maybe a start of your income.
3. Call the IRS and ask them for an income report record of all third parties that have reported to the IRS.
The IRS keeps on their computer system a list of all third party sources that have reported 1099’s or W-2’s. The IRS will send this to you within a couple weeks of your request.
4. Ask yourself, does this return make sense?
5. The Internal Revenue Service will want to make sure your financial fact patterns tie together.
They want to make sure your bank statements, your tax returns, your financial statement, in your cost-of-living all have a pattern. Simply by backing up into your cost of living one can simply find out how much income you need to pay those expenses. Make sure all of this ties together.
The IRS knows how much it costs to live in each area of the country. The tax return must reflect your living style and conditions over the period of time in which you are filing.
It is always best to let a professional tax firm handle this situation. The professional firms know the standards and the methods used by the IRS and if you owe tax, they can probably work out a tax settlement as well.
Not sure if you were suppose to File?
If you are not sure you are required to file a return, refer to Publication 17, Your Federal Income Tax. If you are required to file a return, but you cannot pay all of the tax due on your return, FST can be able to assist you with establishing a payment agreement.
If your tax return was not filed by the due date (including extensions of time to file), you may be subject to the failure to file penalty, unless you have reasonable cause for your failure to file timely. You may be eligible for abatement of penalty relief.
There is no penalty for failure to file if you are due a refund.
But, if you wait to file a return or otherwise claim a refund, you risk losing a refund altogether. An original return claiming a refund must be filed within 3 years of its due date for a refund to be allowed in most instances.
You can lose possible tax refunds
After the expiration of the three-year window, the refund statute prevents the issuance of a refund check and the application of any credits, including overpayment of estimated or withholding taxes, to other tax years that are underpaid.
However, the statute of limitations for the IRS to assess and collect any outstanding balances does not start until a return has been filed.
In other words, there is no statute of limitations for assessing and collecting the tax if no return has been filed.
Contact us for a free initial tax consultation and we can help you through this process.
We can file all your back tax returns for the years you have not filed back tax returns and workout tax settlement if you are going to owe money.
Have Not Filed Back Tax Returns in Years – Here is what to do, Former IRS on your Side
by Fresh Start Tax | Oct 2, 2013 | Tax Returns
Most taxpayers are very surprised to learn that IRS can file your back tax returns and you will not like the results.
As a former IRS agent, I executed this code section and filed back tax returns for taxpayers who failed to file past due, late or overdue tax returns.
The good news is that there is a procedure which reverses process called an audit reconsideration.
By contacting us today, we can tell you about the process and start to reverse the IRS audit assessment that was created as a result of the Internal Revenue Service filing your back tax returns.
We are tax specialty firm that deals with IRS problems, issues and tax matters.
We are comprised of tax attorneys, tax lawyers, certified public accountants, former IRS agents, managers and tax instructors.
We have over 206 years professional tax experience and over 60 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS.
The IRS Code Section that allows filing of your back tax returns
(a) Preparation of return by Secretary
If any person shall fail to make a return required by this title or by regulations prescribed thereunder, but shall consent to disclose all information necessary for the preparation thereof, then, and in that case, the Secretary may prepare such return, which, being signed by such person, may be received by the Secretary as the return of such person.
(b) Execution of return by Secretary
(1) Authority of Secretary to execute return
If any person fails to make any return required by any internal revenue law or regulation made thereunder at the time prescribed therefor, or makes, willfully or otherwise, a false or fraudulent return, the Secretary shall make such return from his own knowledge and from such information as he can obtain through testimony or otherwise.
(2) Status of returns
Any return so made and subscribed by the Secretary shall be prima facie good and sufficient for all legal purposes.
How IRS Ascertains the Back Tax Returns
The Internal Revenue Service does not take just an estimated guess on what your income is.
They usually have facts and figures already made available to them by third parties. The Internal Revenue Service collects 1099s, W-2s and assorted income information from third-party filers who must report to the Internal Revenue Service. Most of this information is from people,companies you have derived income from such as employers, vendors, contractors and banks.
Those income sources are matched up against taxpayers Social Security number.
If the Internal Revenue Service CADE2 computer does not find a tax return/social security number matched up with that income, the IRS will issue a notice of proposed assessment.
The Internal Revenue Service will do you no favor in filing this tax return. They will allow you a single exemption, no expenses and no deductions. You will be paying the highest amounts allowed by law.
As a general rule, IRS issues 1.4 million adjustments each and every year from the matching program. Many matching program audits just make adjustments due to one or two W-2s or 1099’s, however when no tax return was filed the IRS files a substitute for return.
IRS notifies taxpayers that they Filed Your Back Taxes
By law, the Internal Revenue Service notifies you of the proposed notice of assessment. The IRS is tries to contact taxpayers well before IRS prepares these substitute for returns.
Problems is- taxpayers have moved and have not received any correspondence. Taxpayers have failed to get any of these notices or letters and the problem just perpetuates itself. It then snowballs until at some point in time the taxpayer realizes the IRS filed a notice of tax assessment, filed the tax lien, sent out a bank levy, or garnished your wages.
What to do to resolve this problem – Reverse this process
To resolve this problem you need to prepare original tax returns and send them in to the reconsideration unit of the Internal Revenue Service.
You must be prepared to document those tax returns with expense items should the IRS want to fully audit your tax return.
Make sure your tax return is accurate because an IRS audit could follow. You should contact us today to prepare your tax return and walk you through the reconsideration process.
Where to file a Notice of Reconsideration
W & I Cases SB/SE Cases
Form 1040 with Schedule C, E, F, or Form 2106 International Returns
FSC – 89 BSC – 19 BSC – 19
Fresno Campus
ASFR Unit Stop 81304
PO Box 24015
Fresno, CA 93779 1–866–897–3370 Brookhaven Campus
ASFR Unit Stop 654
PO Box 9013
Holtsville, NY 11742-9013
(631) 447-4984 Brookhaven Campus
ASFR Unit Stop 654
PO Box 9013
Holtsville, NY 11742-9013 (631) 447-4984
Remember if you do not follow up with the tax audit reconsideration, the Internal Revenue Service will follow these assessments up with enforcement action. The last thing you want to do is have the Internal Revenue Service file a federal tax lien because you failed to file a back tax return.
Contact us today and speak directly to a former IRS agent, manager or tax instructor who can walk you through this problem and successfully resolve your case.
Did IRS File Your Back Tax Returns, You can Reverse this Process, Former IRS
by Fresh Start Tax | Sep 12, 2013 | Back Taxes, Tax Returns
File Back Taxes for Multiple Years , We know the process!
We can file all your old back tax returns and settle your case all to same time.
We are a local South Florida tax rumor has been practicing since 1982. We are A+ rated by the Better Business Bureau and one of the most affordable experience tax firm in the area.
If you have unfiled back tax returns that have not been filed you are not alone, the IRS estimates that there are 25 million unfiled tax returns.
The fact is the Internal Revenue Service would love to get you back in the system filing your tax return and over 99% of the time IRS will not pursue criminal prosecution because your case does not want that sort of activity.
The Key to Getting back in the system – File Back Tax Return for Multiple Years
To get back in the system worry free you just need to contact a firm knows the process, the systems, the protocols so this can be a painless and seamless process for you.
You can read below the process of how we at Fresh Start Tax LLC can make this happen.
So let former IRS agents and managers completely resolve your situation for you and get you back in the system without worry.
Let our 60 years of combined IRS experience work for you.
Once we have your power of attorney you will never speak to the IRS.
All correspondence and negotiations go through our firm.
We can file all your back tax returns and work out a tax settlement all at the same time.
If you will wind up owing back taxes IRS will either settle your case by putting you into a currently not collectible file, enter you into an installment agreement or the possibility of accepting an offer in compromise or a IRS settlement.
Since each case is different, we will have to review your individual case and let you know the easiest and the best tax solution for you.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
We know the exact systems in the exact protocol to file back multiple tax years and get you back in the system worry free.
You may not have filed your federal income tax return for this year or previous years. Regardless of your reason for not filing a required return, file your tax return as soon as possible.
IRS as a general rule does not pursue criminal prosecution for all those who file their back tax returns as long as they filed a return before IRS contacts them so it is important to find IRS before they find you.
If you have lost or misplaced your records – No problem
If you have unfiled tax returns, this process Fresh Start Tax LLC uses to get current with the IRS and get you immediate and permanent tax relief:
1. We verbally review a year by year history of your income and expenses.We will make sure you pay the lowest amount allowed by law.
2. We review any tax records you may have.
3. We pull all IRS information that they have received from 3rd party sources that have been placed on the IRS computer system over the past 7 years.
4. If you have lost all or misplaced your records we have easy and simple forms that can help you reconstruct your tax return.
5. We can prepare through years of experience a “reconstructed” tax return that the IRS will accept and process.
6. We review all returns for accuracy with the client and send them into the IRS.
7. We work out a settlement agreement with the IRS to permanent close your tax case.
If you are not sure you are required to file a return, refer to Publication 17, Your Federal Income Tax or we can provide that tax help for you.
Get this years tax return filed on time, goes a long way to show the IRS you want back in the system.
If your return was not filed by the due date including extensions of time to file, you may be subject to the failure to file penalty, unless you have reasonable cause for your failure to file timely.
If you did not pay your tax in full by the due date of the return (excluding extensions of time to file), you may also be subject to the failure to pay penalty, unless you have reasonable cause for your failure to pay timely, or the IRS has approved your application for extension of time for payment of the tax due to undue hardship (refer to Form 1127 (PDF), Application for Extension of Time for Payment of Tax Due to Undue Hardship). Interest is charged on taxes not paid by the due date, even if you have an extension of time to file.
Interest is also charged on penalties.
There is no penalty for failure to file if you are due a refund. But, if you wait to file a return or otherwise claim a refund, you risk losing a refund altogether.
An original return claiming a refund must be filed within 3 years of its due date for a refund to be allowed in most instances.
You want to file ASAP if you have had withholding taken out.
After the expiration of the three-year window, the refund statute prevents the issuance of a refund check and the application of any credits, including over payments of estimated or withholding taxes, to other tax years that are underpaid.
However, the statute of limitations for the IRS to assess and collect any outstanding balances does not start until a return has been filed. In other words, there is no statute of limitations for assessments.
If you have not filed back Tax Returns for multiple years, call us and get started today and STOP the worry.
You can have former IRS agents and managers who worked on the local South Florida offices help resolve your case today.
by Fresh Start Tax | Sep 12, 2013 | Tax Returns
Let former IRS agents and managers completely resolve your situation for you and get you back in the system without worry.
Once we have your power of attorney you will never speak to the IRS.
We can file all your back tax returns and work out a tax settlement all at the same time.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
We know the exact systems in the exact protocol to file back multiple tax years and get you back in the system worry free.
You may not have filed your federal income tax return for this year or previous years. Regardless of your reason for not filing a required return, file your tax return as soon as possible.
IRS as a general rule does not pursue criminal prosecution for all those who file their back tax returns as long as they filed a return before IRS contacts them so it is important to find IRS before they find you.
If you have lost or misplaced your records – No problem
If you have unfiled tax returns, this process Fresh Start Tax LLC uses to get current with the IRS and get you immediate and permanent tax relief:
1. We verbally review a year by year history of your income and expenses.
2. We review any records you may have.
3 We pull all IRS information that they have received from 3rd party sources that have been placed on the IRS computer system over the past 7 years.
4. If you have lost all your records we have easy and simple forms that can help you reconstruct your tax return.
5. We can prepare through years of experience a “reconstructed” tax return that the IRS will accept and process.
6. We review all returns for accuracy with the client and send them into the IRS.
7. We work out a settlement agreement with the IRS to permanent close your tax case.
If you are not sure you are required to file a return, refer to Publication 17, Your Federal Income Tax.
Get this years tax return filed on time
If your return was not filed by the due date including extensions of time to file, you may be subject to the failure to file penalty, unless you have reasonable cause for your failure to file timely.
If you did not pay your tax in full by the due date of the return (excluding extensions of time to file), you may also be subject to the failure to pay penalty, unless you have reasonable cause for your failure to pay timely, or the IRS has approved your application for extension of time for payment of the tax due to undue hardship (refer to Form 1127 (PDF), Application for Extension of Time for Payment of Tax Due to Undue Hardship). Additionally, interest is charged on taxes not paid by the due date, even if you have an extension of time to file.
Interest is also charged on penalties.
There is no penalty for failure to file if you are due a refund. But, if you wait to file a return or otherwise claim a refund, you risk losing a refund altogether.
An original return claiming a refund must be filed within 3 years of its due date for a refund to be allowed in most instances.
You want to file ASAP if you have had withholding taken out
After the expiration of the three-year window, the refund statute prevents the issuance of a refund check and the application of any credits, including over payments of estimated or withholding taxes, to other tax years that are underpaid.
However, the statute of limitations for the IRS to assess and collect any outstanding balances does not start until a return has been filed. In other words, there is no statute of limitations for assessments.
If you have not filed back Tax Returns for multiple years, call us and get started today and STOP the worry.
Facts about the IRS
The Internal Revenue Service collects $30.4 billion through enforced collections.
The Internal Revenue Service collects 10.2 billion through audits.
The Internal Revenue Service collects $5.2 billion on the document matching program.
The Internal Revenue Service has 5186 revenue officers to collect money.
The Internal Revenue Service has on staff 13,021 auditor agents.
The Internal Revenue Service has 2661 criminal fraud investigators.
Not Filed Tax Returns for Multiple Years – No problem – Call Former IRS Agents, Managers
