by Fresh Start Tax | Dec 10, 2012 | Tax Help, Uncategorized
Rejected Offer in Compromise – FIGHT BACK & WIN – IRS OFFER APPEALS SPECIALIST, FORMER IRS
Having been a Former IRS agent and instructor I worked my share of offers in compromise for the IRS.
I know the system and settlement techniques used by the IRS. I will review for Offer in Compromise for no cost and determine if you offer can be accepted by the IRS. 1-866-700-1040.
Things you should know about offers in compromise .
Even though the IRS has a new Fresh Start Program and proudly proclaims it is now ready to settle, the truth of the matter, the IRS employees do not like working Offers.Why? they take to long to work, the managers must review and if accepted the General Council for IRS must approve the Offer. That means your work is subject to constant review. It is far easier to look for reason to reject the offer that have it accepted.
Hiring tax professionals that know there way around the IRS.
Being Former IRS Agents and Instructors we know our way around the system. It is all about the packaging. If we can make it easy for the IRS agent you have a far greater chance of the IRS accepting the offer if you met the terms of the offer.
Call us today for a no cost consult and see if we can help you. 1-866-700-1040.
The Process of the Offer in Compromise Appeal.
If you received a letter notifying you that your offer was rejected you have 30 days to request an appeal of the decision.
You can request an IRS Tax Appeals conference by:
1. preparing either a Form 13711, Request for Appeal of Offer in Compromise, or
2. a separate letter with the following information included:
a. Name, address, social security number, and daytime telephone number
b. A statement that you want to appeal the IRS findings to the Appeals office
c. A copy of your rejected offer letter
d. Tax period or years involved
e. A list of the specific items you don’t agree with and a statement of why you don’t agree with each item
f. Any additional information you want Appeals to consider
g. The facts supporting your position on any issue that you do not agree with
h. The law or authority, if any, on which you are relying
i. Sign the written protest, stating this it is true under the penalties of perjury
In preparing a request for an appeal, compile a list of specific with which items you do not agree and include a statement explaining why you disagree with each item.
Consider using Form 13711 in the preparation of your appeal.
You may also find a review of the following beneficial to review your denial letter and gather the correct facts so the IRS Agent can understand what you disagree with. you should start with the:
1. Your Form 433-A, Collection Information Statement for Wage Earners and Self-Employed Individuals,
2. the supporting documentation submitted with the Form 433-A
Check your figures and calculations again and verify the documents you submitted to Collection.
The Monthly Income/Expense Statement (see Section 4, Page 4) requires you to provide the following:
1. Proof of pay stubs and earnings statements of gross earnings and deductions for the past three months from each of your employers,
2. Proof of pension, social security and/or other income for the past three months,
3. Current statement(s) from the lender on your automobile(s), including the monthly payment and balance due for each vehicle,
4. Current statement(s) from all lien holders on your residence, including the amount of the monthly payment and balance due for each lien,
5. A copy of your last filed Form 1040 with all schedules, and
6. Proof of current expenses paid for the past three months including utilities, rent, insurance, property tax, non-business transportation expense (i.e. car payments, lease payments, fuel, oil, insurance, registration, parking), healthcare (including insurance premiums co-payments, other out-of-pocket expenses) and court-ordered payments. All documents must be attached with clear copies of receipts.
Common Mistakes for the OIC
a. The amounts used on the Monthly Income- Expense Statement of Form 433-A could be different than the amounts used on the IET worksheet for food, clothing, miscellaneous, transportation, housing and utilities, out-of-pocket healthcare and other expenses.
b. Collection Financial Standards are used to help determine a taxpayer’s ability to pay a tax debt. All standards, except miscellaneous, are derived from the Bureau of Labor Statistics (BLS) Consumer Expenditure Survey (CES). These financial standards are explained below:
c. National standard expense allowed for food, clothing and miscellaneous monthly expense. The standard amount is computed based upon your income and family size instead of actual expenses.
d. National standard expense allowed for out-of-pocket health care expenses including medical services, prescription drugs, medical supplies (i.e. eyeglasses, contact lenses, etc.). This amount is based on Medical Expense Expenditure Panel Survey data and is in addition to the amount paid for health insurance.
e. Housing and utilities expense allowed for housing and utilities monthly expense. The standard amount is computed based upon the state and county where you reside and your family size.
f. Transportation expense allowed for monthly transportation expenses. The standard amount is computed by combining the standard for ownership cost and operating cost. This is based on the number of vehicles you own and the region you live.Note: Certain assets such as vehicles, and real estate should be valued at the quick sale value. This is the amount you can sell the asset today.
g. You may compute the value of a vehicle by consulting a trade association guide for the fair market value and discounting the value by 20%. You may compute the value of real estate by an appraisal, the replacement cost value on your residence and possibly the taxable value of your home.
Lastly make sure all documents and letters of explanation are attached.
Rejected Offer in Compromise – FIGHT BACK & WIN – IRS OFFER APPEALS SPECIALIST, FORMER IRS
by Fresh Start Tax | Dec 9, 2012 | Innocent / injured Spouse, IRS Notice or Letter, IRS Representation, Uncategorized
Innocent Spouse Relief – Help with IRS Tax Bill, Notice
Fresh Start Tax L.L.C. – New Jersey
209 Cooper Ave,
Upper Montclair, NJ 07043
1-866-700-1040
If you have received a Tax Notice or Tax Bill from the IRS and need tax help or relief call us today for a no cost professional tax consult.
We handle all IRS matters and tax problems. All work is done in house.
We are comprised of Tax Attorneys, CPA’s and Former IRS Agents and Managers.
As Former IRS agents not only did we teach Tax Law at the IRS we also have over 60 years of direct work experience in the local, district and regional offices of the IRS.
Do not panic and stop the worry. We have successfully handled thousands of IRS and State Cases.
IRS sends out millions and millions of tax notices or bills each and every year.
So before worry and fear sets in, discuss the matter with a tax professional so we can help relieve some of the stress.
No matter what the problem or need we will be able to help solve your problems for affordable fees and quick resolution.
Received an IRS Intent to Levy, Notice/Bill or Certified Letter, How we work to successfully close your case:
If you have received a Notice or Letter from the IRS do not panic. These cases are easily handled. We are former IRS Agents, Managers and Instructors. Do not worry!
1. We review your IRS notice and or letter and immediately check for the accuracy against your tax records. IRS make mistakes too,
2. We will pull IRS tax transcripts and check for the validity of the tax in question,
3. We send to the IRS a power of attorney and see how we can readily resolve the problem, you will never speak to the IRS,
4. We speak with our client, explain the situation and come up with the very best case resolution,
5. We contact the IRS letting them know how we want to settle or resolve the case once and for all.
The New Innocent Spouse Provision.
The new rule for the innocent spouse relief program.
The two-year time limit no longer applies for innocent spouse requests for equitable relief. The IRS will consider a request for equitable relief if the collection statute of limitations for the tax years involved has not expired, or if the taxpayer is seeking a refund, if the refund statute of limitations has not expired.
Many taxpayers that were previously denied because of the two-year limit may now qualify for relief. Call us today to find out more 1-866-700-1040.
Frequently asked Questions about Innocent Spouse
Does the New Tax Law changes apply to all requests for innocent spouse relief?
The new tax change applies only to requests for equitable relief.
The two-year limit continues to apply to requests submitted on other grounds.
The change applies to new innocent spouse requests, based on:
1. equitable relief, requests currently under consideration by the IRS or the court, and
2. to requests that were previously disallowed by the IRS due to the two-year limit.
Do taxpayers need to do anything if they previously asked the IRS to suspend consideration of their equitable relief request while the two-year deadline was being appealed in court?
No.
If a taxpayer requested that the IRS suspend consideration of their equitable relief request while the two-year deadline was being appealed in court, the IRS will review the original request for relief and provide notification to taxpayers who had their request suspended at that time.
The taxpayer does not need to resubmit a claim for relief.
Who can or should reapply for relief?
Taxpayer(s) seeking equitable relief, who were previously denied due to the two-year limit, may now reapply by using IRS Form 8857, Request for Innocent Spouse Relief, if the collection statute of limitations for the tax years involved has not expired, or if appropriate, the refund statute of limitations has not expired.
The IRS will treat the taxpayer’s original request for equitable relief as a claim for refund for purposes of the refund statute.
Will collection activity continue if a taxpayer reapplies for relief?
When a taxpayer reapplies for relief after having a prior request denied because it was untimely, the IRS is prohibited by statute from taking any new collection action against the taxpayer for the tax years involved.
IRS collection activity taken prior to the filing of the claim would remain in place such as IRS Tax Levy, Tax Garnishment or Federal Tax Lien.
As a result, the statute provides that the collection statute of limitations for tax years will be suspended during the time the IRS is prohibited from collecting.
If the taxpayer has any questions, the taxpayer may contact the Chief Counsel attorney.
When can taxpayers be notified if they’ve been granted relief under this new provision?
The IRS will advise taxpayers within 90 days of the progress of their case. It may take some time to contact the person who was the applicant’s spouse during the tax year in question (as required by law).
There will be no new collection activity while processing these types of requests. It may also take some time to work through and make final determinations with respect to cases currently in suspense.
Help with IRS Tax Bill, Notice – Innocent Spouse Relief – Upper Montclair, Cedar Grove, West Orange, Ridgewood, Mendham, Franklin Lakes, Newark, Bernardsville – New Jersey
by Fresh Start Tax | Dec 8, 2012 | Tax Help, Uncategorized
FLORIDA – Tax Relief Companies – Tax Services- Attorneys, Former IRS, Tax Relief Experts Stop the worry today!
We are Florida Professional Tax Firm that specializes in Tax Debt Relief both for the IRS and all States.
We have over 205 years of professional tax experience and over 60 years of direct work experience at the Florida IRS offices.
We have worked in almost all civil position offered by the IRS.
We are true IRS tax experts.
We are comprised of IRS Tax Lawyers, Tax Attorneys, CPA’s and Former IRS Agents.
We are one of Florida’s oldest and most experienced Professional Tax Firms. We have been in private practice since 1982 and have expanded to the Internet.
All cases are worked either by Attorneys, Lawyers, CPA’s, Enrolled Agents or Former IRS agents.
IRS is settling Tax Debt through the new Fresh Start Program.This program is called the Offer in Compromise. The OIC is a formal settlement between you and the IRS.
Over 30% of all Offers are accepted by the IRS. It should be known that not all taxpayers are settlement candidates. At Fresh Start Tax LLC will will review for no charge your offer request and give you an opinion before any fees are received by our firm.
Offer in Compromise.
Under the first round of Fresh Start in 2012, the IRS expanded the Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
An Offer in Compromise is an formal legal agreement between a taxpayer and the IRS that settles the taxpayers tax liabilities for less than the full amount owed and settles the matter permanently.
The IRS has recognized many taxpayers are still struggling to pay their bills so the agency has been working on more common-sense changes to the OIC program to more closely reflect real-world situations.
An offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement.
The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
Understanding the process
While a offer in compromise is being evaluated by the IRS:
- Your non-refundable payments and fees will be applied to the tax liability,
- A Notice of Federal Tax Lien may be filed,
- Other IRS collection activities are suspended,
- The legal tax assessment and collection period is extended for the period that the case is in offer status,
- You should make all required payments associated with your offer,
- You are not required to make payments on an existing installment agreement and,
- Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
Areas of Professional Tax Practice of Fresh Start Tax LLC:
- Same Day IRS & State 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” or Intent to Seize
- IRS and State Tax Audits
- IRS Hardships Cases
- 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
- Innocent Spouse
- Expatriate Tax Issues
- FBAR Filings
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” PLUS
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM and WAYI Monthly Radio Show-Business Weekly
by Fresh Start Tax | Dec 1, 2012 | Tax Help, Uncategorized
Tax Debt Relief – IRS Tax Resolution – Costa Mesa, Newport, Glendale, Anaheim, Long Beach, Orange, Irvine – IRS Tax Experts 1-866-700-1040
Have Tax Attorneys, Tax Lawyers, CPA’s and or Former IRS agents get you tax debt relief to resolve your IRS tax problems and tax issues.
We have over 206 years of professional tax experience and over 60 years of working directly for the IRS. 1-866-700-1040.
Hire Local Tax Professionals. We are friendly , affordable and trustworthy. Get IRS Tax resolution now.
We are a local tax firm that can give you immediate tax relief and you can stop your worry today.
Tax Debt Relief,IRS Tax Resolution.
How Fresh Start Tax LLC will Settle, and Resolve your case with the Internal Revenue Service:
1. Fresh Start Tax L.L.C. will immediately send a power of attorney to the IRS letting them know we are now your tax representative.
You will never have to speak to the IRS. We do all the speaking and letter writing.
2. We will make sure all your tax returns are filed and current.
If your tax returns are not up to date with filing, the IRS will refuse to work your case. This is leverage that they use to get you compliant with tax laws.
We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records. We can reconstruct any one tax records. As Former IRS agents we know the exact techniques.
3. The IRS requires a current financial statement. We will secure a required 433-A or a 433F (IRS financial statement),IRS will 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. We get them an agreement based on their current financial needs.
IRS Tax Debt Settlement Agreements for Tax Relief can be in different forms:
a. Hardship Settlements or CNC.
IRS will carefully review your IRS financial statement. If IRS finds that you do not have the ability to met current living expenses, IRS can hardship your case for a period of time.
Cases usually go into a 3 year suspended status because of an inability to pay.
This is also called currently noncollectable or CNC.
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. See our website for more on the National Standards.
b. Payment Agreements or Installment Agreements.
IRS 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.
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. ( ten year limitation period )
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:
A. the examiner made a mistake interpreting the law,
B. the examiner failed to consider the taxpayer’s evidence or
C. 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.
Tax Debt Relief – IRS Tax Resolution – Costa Mesa, Newport, Glendale, Anaheim, Long Beach , Orange, Irvine – IRS Tax Experts
by Fresh Start Tax | Dec 1, 2012 | IRS Notice or Letter, Tax Help, Uncategorized
IRS Notice, Letter CP 503 – Affordable, Former IRS, Tax Solutions, Settlements, Hardships – Fresh Start Tax LLC
Fresh Start Tax LLC is a IRS tax specialty firm. Since 1982, the principles of Fresh Start Tax LLC have been successfully resolving IRS tax issues and problems. We are the Affordable Firm.
You have options so do not panic.
All tax consultations are free. You will speak directly to a true tax professional.
We have over 60 years of direct IRS work experience and over 205 years of total tax experience.
We taught Tax Law at the IRS.
The IRS Notice and Letter CP- 503
The IRS Notice or Letter is the third letter or notice that the IRS CADE 2 computer system generates to a taxpayer. all letters and notices are sent out on a 5 week billing cycles.
It is the last friendly notice that the IRS sends to taxpayers, after this it gets nasty, real nasty.
You can stop the IRS with one call.
The very next Notice or Letter after the CP 503 sent out 5 weeks later is an Intent to Seize. That seizure is in the form of a IRS Bank Levy or a IRS Wage Garnishment.
At this point you have different settlement options.
You can have Fresh Start Tax LLC contact the IRS and get your case closed in one of the following ways:
1. A Hardship, unable to pay the tax at this time because of financial conditions in your life,
2. The filing of a settlement agreement called the offer in compromise.
3. A payment plan or payment agreement,
IRS will require a IRS financial statement that you can find on our website. The IRS will review the financial statement and the documentation to verify the statement and will negotiate with us a means of settlement.
We can get you results you are looking for. Call us today and stop the worry.
Our 205 years of experience can get you results. 1-866-700-1040.
What the CP 503 will look like.
Notice CP503, Page 1
Notice CP503, Page 2
IRS Notice, Letter CP 503 – Affordable, Former IRS, Tax Solutions, Settlements, Hardships – Fresh Start Tax LLC
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.
