Personal, Business, Corporate Income Tax Problems + Back Tax Debt & Settlement + Ft. Lauderdale, Miami, West Palm, Boca Raton – Former IRS

February 28, 2011
Written by: steve

Fresh Start Tax

 

The Affordable Professional Tax Firm

Fresh Start Tax     “A” Plus Rated by the Better Business Bureau    

A Local Professional Tax Firm practicing Tax Law in South Florida since 1982.

We are South Florida’s most trusted and experienced tax firms.

You will have former IRS Agents, Managers and Instructors evaluate your case.

Our firm has over 140 years of professional IRS tax experience and 60 years of working for the IRS at the local South Florida IRS offices.Income tax issues

We are true IRS experts.

 

Income Tax Issues or problems that our firms handles:

 

  • Immediate Tax Representation
  • Offers in Compromise/Settlements
  • Immediate Release of Bank Garnishments or Wage Levies
  • IRS Notices/Bill of Intent to Levy or Final Notices
  • IRS Tax Audits, Large and Small Dollar
  • Hardships Cases, Payment Plans, Installment Agreements
  • Innocent Spouse Relief
  • Abatement of Penalties and Interest
  • State Sales Tax Cases
  • Trust Fund Penalty Cases/6672
  • Non-filers, never filed, old and past due tax returns
  • Income Tax Issues

 

How we work your case to immediately resolve your IRS matter:

1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to the IRS.

2. We will make sure your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days.

3. The IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.

4. Settlement agreements can be in different forms:


a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. 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 whether or not there is a hardship.

b. Payment Agreements.  Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs IRS uses for the lowest possible amount required.

c. Offer in Compromise. There are three types of OICs:

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.

2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct.

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.


Call us for a free tax consultation. Free video conferencing is also available.

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“Thanks to Fresh Start, I am feeling more and more confident about finally getting caught up after all these years.”
M. Johnson

“I will certainly refer anyone I come across who needs your services for sure.”
Jody and Don

“I cannot thank you enough for handling my IRS issues. After dealing with another office who did nothing, you guys did everything that you promised. Thanks again, especially Steve Jacob for guiding me every step of the way.”
Jerry H.