Fresh Start Tax 1-866-700-1040 , the highest rated BBB tax resolution company. We can get you offer in compromise accepted.
I am a former IRS Agent who worked the Offer in Compromise Program for 10 years when I was employed at the Internal Revenue Service. I am a true tax expert in the area of Offers in Compromise. Not only did I work the Offer in Compromise program I also was a certified instructor with the IRS. I know all the strategies used by IRS to get your OIC accepted for the lowest possible amount. I know how to get your offer in compromise accepted.
Information about Offers in Compromise. This is the base information for the acceptance process to begin. To get your offer in compromise accepted you must met the Standards tests.
Review of Doubt as to Collectibility Offers
1 .Legal Basis for Compromise. Doubt as to collectibility exists in any case where the taxpayer’s assets and income are less than the full amount of the assessed liability.
2.Policy Regarding Acceptance of Amount Offered. Where doubt as to collectibility of the tax has been established, an offer in compromise is generally considered acceptable if it closely approximates the amount that could reasonably be collected by other means, including the Service’s administrative and judicial collection powers. No asset should be eliminated from consideration or valued at zero simply because the Service would be unlikely to seize the asset
3.Financial Analysis.The IRS field office does a through review of all income and expenses before an OIC is accepted.Call Fresh Start Tax for a through analysis of your case.
4.Special Circumstance or Effective tax administration The IRS policies and procedures recognize that it may be appropriate in some cases for the IRS to accept an offer of less than the total reasonable collection potential of a case. These are known as “special circumstances” cases of effect tax administration. The IRS anticipates acceptance of less than reasonable collection potential in cases where, despite the proper application of the Service’s allowable expense standards and asset valuation rules, the taxpayer could not pay the full reasonable collection potential without suffering economic hardship.
5.Economic hardship defined. The inability to meet reasonable basic living expenses. Economic hardship does not include mere inconvenience or the inability to maintain a luxurious or affluent standard of living. Under the Service’s procedures, the amount accepted should reflect what could reasonably be collected less the amount a taxpayer must retain to avoid economic hardship.
Our Company Resume:
- Our staff has over 110 years of professional tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, Certified Public Accountants, Enrolled Agents, Former IRS Manager, Instructor and Trainers
- Highest Rating by the Better Business Bureau ” A ”
- Extremely ethical and moral principles used
- Fast, affordable, and economical
- Licensed to practice in all 50 States
- Premium on client communication
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
Fresh Start Tax is one of the premier tax resolutions firms in the country. We deal with all types of civil cases including individuals, businesses, corporate and defunct corporations. We have staff that specializes in every facet of the Internal Revenue Service. We know all the IRS strategies. Some of our many specialties include the following:
- Immediate Tax Representation
- Offers in Compromise/Settlements
- Back Tax Relief
- Bank Garnishments or Tax Levies
- Wages Garnishments or Levies
- IRS Notices of Intent to Levy or Final Notices
- IRS Tax Audits
- Hardships Cases, Payment Plans
- Innocent Spouse
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Trust Fund Penalty Cases/ 6672
