Experts Offer in Compromise + Christian Tax Debt Relief Services Company + Former IRS Agents

January 14, 2019
Written by: Fresh Start Tax

 

Fresh Start Tax

We are a Christian tax firm that deals with fully resolving state and federal IRS tax debt.<><

As a former IRS agent I have reviewed and accepted hundreds of offers in compromise.

I also was one of the main teaching instructors the offer in compromise in the district which I was employed by the Internal Revenue Service.

I know the system inside and out and have a complete understanding, and knowledge of the entire methodology of the offer in compromise.

I am a true expert in IRS settlements. to hear other people proclaim they are offer in compromise experts is almost a laughable, their experiences generally are working some cases from the outside and trying to learn about the system, not understanding the exact IRS protocol.

I can let you know up front, with a reasonable degree of certainty, whether your offer in compromise will be accepted. Use this experience as your best instructor.

We have worked thousands of cases since 1982 and we are A+ rated by the Better Business Bureau.

We pride ourselves on our results, our communication, and affordable pricing.

Please feel free to ask us about our faith when you call.

 

As former IRS agents we were instructors for the offer in compromise program which is the chief tool that the IRS uses to settle IRS tax debt problems. We have worked thousands of IRS and state tax cases since 1982.

Despite what you hear on TV about every one being able to settle their tax debt for pennies on the dollar, there is a realization that all taxpayers can settle their tax debt. The airwaves, media outlets and social sites are putting in the minds of people who IRS is willing to settle these tax debts.

It is time to understand the truth.

As a former IRS agent and teaching instructor it was my job to teach new revenue officers how to collect back tax debt.

The information your hearing is the only truthful information that you need to know regarding relieving yourself of a federal or state tax obligation.

 

How IRS Will Deal With a Federal IRS Tax Debt + Solutions

 

IRS has a very specific system to deal with federal tax debt.

Throughout the United States there must be a oneness and a fairness so all taxpayers are treated equally. With that said, many taxpayers who owe under $25,000 can simply go online and make a payment agreement as long as they meet all of the qualifications.

Filing All Tax Returns is a must

One of the qualifications that hold most people up on settling your IRS tax debt is the fact that all federal tax returns have to be filed.

IRS will not close a case in their working inventory nor take you off of the IRS enforcement computer unless you are in full compliance with all filings. It is a must and IRS will not compromise on this issue.

If you need to file back tax returns contact us and we can file all your tax returns with or without records. If you’ve lost your tax records we can pull IRS tax transcripts and reconstruct your tax returns and get you back in the system worry free.

For those of you who cannot enter an online payment program with the Internal Revenue Service, the IRS has a particular format in place to decide how they are going to deal with your federal tax debt.

IRS uses two/three forms to make those determinations.

Those cases at the service center will use form 433F, and those in the local office, mainly revenue officers will use the 433 a. If you have a business they will assist you fill out the 433B which is a business financial statement.

After the IRS receives these financial statements they will insist that all documentation accompanying the financial statements be presented to them as well.

They will ask for the last six months with the bank statements, verification of all expenses, pay stubs, and any other pertinent information to determine collectibility. Basically, IRS is conducting a mini audit on your financial statement to verify that you are truthful and accurate for them to make a correct decision.

IRS has also a format as to what expenses that they will allow because they cannot allow people to spend what they want and not pay federal taxes.

The IRS has a list of all allowable expenses and their boundaries that they will allow.

These boundaries have been set up by the Department of Labor and are used by the United States trustee in bankruptcy court so all federal agencies use the same guidelines and boundaries. To be able to settle or close your case with the Internal Revenue Service you must understand the standard set up by the IRS or State tax agency.

IRS will insist that you stay within the financial boundaries in:

1. housing and utilities,

2. food and clothing,

3. car payments, and,

4. insurance.

The federal charts are available on our website or you can contact us today and we can review the process.

 

How Will IRS Proceed To Close Your Case

IRS after a careful review of your financial statement and documentation IRS will generally will conclude one of three closing methods.

Number one:

IRS may determine that you’re in a current hardship in place you into a non-collectible file.

The good news is you will not have to make payments or deal with IRS for a period of 1 to 3 years however penalties and interest will still run. IRS will bring the case back out to the field to review at a later time within a prescribed period of time.

IRS will place a refund freeze on your account so all refunds go to the Internal Revenue Service. If you fail to file another tax return on time or pay it in full your case will automatically be generated back to the field. If IRS does this are going to be a lot stricter in working your case

40% of all open cases and IRS collection inventory are placed in hardship.

Number two:

IRS may determine after a careful review of your income and expenses that you are a payment, installment or a monthly agreement candidate.

IRS will discuss with you after review of that statement exactly how much that payment will be and set up the terms of that agreement.

6.5 million taxpayers enter into monthly payment agreements, with one-third of all taxpayers default.

Number three:

After a review of your financial statement it could be determined that you are an offer in compromise or tax debt settlement candidate which means you can settle for pennies on the dollar.

The offer in compromise is not for everyone and we are very careful to proceed and filing your offer unless you’re a truly qualified candidate.

We will review your current financial statement to see if we can settle your tax debt for pennies on the dollar.

We will file no offer in compromise unless we know with a reasonable degree of high accuracy your offer will be accepted by the Internal Revenue Service.Different forms are used for the offer in compromise program.

This is an area were more companies rip taxpayers off making them think or believe IRS is going to settle their cases.

There is a very specific formula, guidelines and charts that IRS uses to settle their tax debt. I am more warning you now, don’t be fooled by other companies.

Last year, 78,000 offers in compromise were filed, IRS accepted 38% for an average of $9500. But keep in mind this was just a national average. As is the date of this post,Nurse 7500s waiting in the IRS Q.

Most offers in compromise are returned to the taxpayer because they are filled out incorrectly or do not meet the guidelines or the specific qualification by the initial reviewer.

If you want to hear the truth about IRS tax debt relief help and whether you’re eligible for a tax settlement or want to find out if you can be a payment agreement candidate or you may be placed in hardship, call us today for a free initial tax consultation and you will learn the truth.

We are a true Christian tax firm specializing in IRS tax debt problems.<>< We are tax settlements experts for the offer in compromise program, hardship, or the payment agreement resolutions, call us today for a free initial contacts consultation. Christian Tax Debt Experts + IRS Tax Debt Problems, Tax Settlement Experts, Offer in Compromise

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