AFFORDABLE EXPERTS = Fresh Start Tax, LLC “A” Plus Rated by the Better Business Bureau
Principles practicing Tax Law since 1982 in the State of Florida.
Former IRS Agents and Managers who worked in the Florida IRS Office.
We know all the strategies to STOP IRS.
We can get the IRS to stop all action and settle your tax case.
If you have just received an Intent to Levy from the IRS, “Do Not Panic.”
We have handled thousands of these IRS cases and can stop the IRS from sending out any Tax Levy to your employer or your bank.
As former IRS Agents and Managers we use to send out the intent to levy notices to taxpayers, so we know each strategy to stop the process and settle your case.
There are specific steps that need to be taken to stop the IRS in their tracks:
How we immediately get Notices of Wage and Bank Levies Released.
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 them.
2. We will make sure all 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 that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days even if you have lost your tax records.
3. The IRS requires a current financial statement. We will secure the 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. We review with our clients how they want to settle their case based on their current financial needs.
5. 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 hardship.
b. Payment Agreements. 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. 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 today for a free tax consultation.