We are the Affordable Tax Firm
We are a Florida tax firm that specializes in filing back tax returns and settling with the Internal Revenue Service.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982) the state of Florida.
We are comprised of tax attorneys, certified public accountants, and 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 in the local, district, and regional tax offices of the Internal Revenue Service.
Our former IRS agents work right here in the state of Florida.
Yes, you can file all your back tax returns and settle with the IRS all at one time.
Being Former IRS agents, managers and IRS tax instructors we know the systems and process and we worked right here in the State of Florida.
Millions of taxpayers have not filed back tax returns and there is an easy way to get back into the system and settle your case with the Internal Revenue Service.
Do not let fear control the situation, you can move through this process by using former IRS agents, managers and tax instructors who know the system to get you permanent tax relief.
 
How to File Back Tax Returns (if you have your tax records )
If you have all your back tax documents just go ahead and file all back tax returns at one time with the Internal Revenue Service. There is nothing wrong with putting them all in the same envelope in forwarding to the service center closest to your location. It is always best to use professional tax firm to make sure you are paying the lowest amount of tax allowed by law.
 
How the file back tax returns ( if you have no tax records)
If you do not have your back tax records or have scattered records you should know that the Internal Revenue Service keeps on their computer system the last seven years worth of income documents they have received from third parties.
These documents include W-2s, 1099s, and reports from other third parties showing the income you have received through them. Through the process of tax reconstruction, being former IRS agents we can reconstruct your back tax returns. We simply will average your past expenses and come up with a  approximation of your back tax returns.
You should know that the Internal Revenue Service can reconstruct your tax return based on your cost of living. The Internal Revenue Service agents are experts in reconstruction of tax returns.
As a general rule taxpayers spend with their rent or mortgage approximately 30% of their attributable income so it is easy to backup and a total monthly or yearly income.
This is a very simple process and we have internal forms that can help you through this.
 
IRS knows you have not filed your back tax returns
They just do not have the manpower to get around to your case right. But sooner or later you will get a knock on the door and it’s always at a really bad time in your life.
 
If you do not file your back tax return IRS can file for you under 6020B of the IRC

Many people are unaware that under 6020 B of the Internal Revenue Code, IRS can prepare your back tax returns. It is not in your best interest for this to happen.
IRS will give you no deductions, no expenses only figure out raw income with the standard deduction, you will pay the highest amount allowed by law. If IRS’ has already done this to you understand that you can file for audit reconsideration. Whatever you do, do not be bullied by the Internal Revenue Service be assertive and aggressive in fighting back.
 
The Process of Settlements with the IRS

In all cases in which monies are owed to the Internal Revenue Service, the IRS will want a current financial statement.
You will have to complete tax form 433-F, 433-A ( IRS financial statements )depending where your case is within the IRS system.
The Internal Revenue Service will then analyze your current financial statement and apply the national standardized expenses along with that and come up with a proposed way of settling your case.
IRS will want all financial statements documented and  will want copies of pay stubs, bank statements and all your monthly expenses. Everything needs to be verified by the Internal Revenue Service.
 
Settlement Forms with the IRS
 
IRS settlements can be in the form of:
1. Your case being currently not collectible, or economic tax hardship.
2. It could be the IRS will insist on a monthly installment or payment arrangement, or
3. The IRS will let you know that your suitable candidate for an offer in compromise or a tax debt settlement.
Before you attempt to settle your case through on offer in compromise you should use the pre- qualifier tool used by the Internal Revenue Service.
Do not pay any firm or Internet company to settle your case unless you know you are a qualified candidate to do so.
By calling us today we will give you a free evaluation and let you know whether it’s worth your time and ours to proceed
IRS accepts 38% of all offers and compromised filed.
IRS receives over 58,000 offers each and every year.
 
Settle with the IRS through the offer in compromise
 
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship.
IRS consider your unique set of facts and circumstances. IRS will be looking at your :
1. Ability to pay;
2. Income;
3. Expenses; and
4. Asset equity.
Remember not everyone situation is the same different facts and circumstances such as health or medical conditions can alter the systems and settlement strategies.
The IRS will generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time. Keep in mind the IRS collection statute is 10 years from the date of assessment.
If you hire a tax professional to help you file an offer, be sure to check his or her qualifications.
 
 
Are you eligible to settle with the IRS
Before IRS can consider your offer, you must be:

• current with all filing and payment requirements.

• you are not eligible if you are in an open bankruptcy proceeding.

 
Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal. You can find this pre-qualifier tool on our website.
 
Submit your offer in compromise to settle with the IRS
 
You’ll find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF).
Your completed offer package must include:
1. Form 433-A (OIC) (individuals) or
2. 433-B (OIC) (businesses) and all required documentation as specified on the forms;
Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
$150 application fee (non-refundable); and
Initial payment (non-refundable) for each Form 656.
 
Select a payment option to settle with the IRS
 
Your initial payment will vary based on your offer and the payment option you choose:
 

• Lump Sum Cash:

Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.

• Periodic Payment:

Submit your initial payment with your application.
You should continue to pay the remaining balance in monthly installments while the IRS considers your offer.
If accepted, continue to pay monthly until it is paid in full.
 
Low Income Certification guidelines
If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer.
Understand the process of  IRS settlements
 
While your offer is being evaluated:
1. Your non-refundable payments and fees will be applied to the tax liability.
2. A Notice of Federal Tax Lien may be filed;
3. Other collection activities are suspended;
4. The legal assessment and collection period is extended;
5. Make all required payments associated with your offer;
6. You are not required to make payments on an existing installment agreement; and
7. Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
 
Call us today and receive a no-cost evaluation and find out the process of filing your back tax returns and settling with the Internal Revenue Service.
We are a Florida tax firm specializing in all IRS, federal and state tax matters.
There are many excellent tax firms in the state of Florida so do your due diligence carefully.
 
Filing Back Tax Returns and Settling with the IRS – Miami, Ft.Lauderdale, Tampa, Jacksonville –  All Florida