IRS Tax Attorney Lawyers – Reduce IRS Tax Debt- Former IRS

We are a professional tax firm specializing in IRS and State Tax Problems. We are comprised of Board Certified Tax Attorneys, Tax Lawyers, CPA’s , Enrolled Agents and Former IRS Agents, Managers and Tax Instructors.

We have over 60 years of direct IRS work experience in the local, district and regional offices of the IRS and over 206 years of professional tax experience. We have a National Tax Practice with a local presence.

We have worked thousands of IRS cases to reduce IRS tax debt.

We taught Tax Law at the IRS.

Fresh Start Tax
1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040

Last year approximately 59,000 taxpayers applied for tax relief to reduce IRS debt through the Offer in Compromise Program and somewhere around 20,000 offers were accepted.

The New Fresh Start Program that was instituted by the IRS will allow thousands of struggling taxpayers to finally resolve and reduce their tax debts.

Being a Former IRS Agent I caution taxpayers to make sure they use a reputable tax firm to file and represent your interest for the filing of the offer.

The forms must be filled out accurately and precisely because the IRS looks for any reason to reject these cases because they are long and complicated for them and each one of their supervisors must thoroughly review their work and work produce before the case goes up the line for a possible acceptance.

Offer take about 5 months to get accepted.

I would also caution taxpayers do not file the offer unless you get pre-qualified before you file. Do not waste your money.

We at Fresh Start Tax review all offer for no cost. 1-866-700-1040.

What is a Offer in Compromise to Reduce your Tax Bill

An OIC is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.

An OIC is generally not accepted if the IRS believes the liability can be paid in full as a lump sum or a through a payment agreement.

The IRS looks at the taxpayer’s income and assets to make a determination of the taxpayer’s reasonable collection potential.

OICs are subject to acceptance on legal requirements. They also become a matter of public record.

In the past the IRS strictly applied its rules with respect to taxpayers’ budgets and valuation of assets. As a result, most taxpayers who sought a compromise received a rejection. Below are the statistics for offer acceptances during the past several years:

Make sure you are eligible

Before the IRS can consider your offer in compromise, you must be current with all filing and payment requirements.

You will not  be eligible if you are in an open bankruptcy proceeding.

Submitting your offer in compromise.

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). Find this on our website.

Form 433-A (OIC) (individuals) or 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 IRS payment option

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. 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.

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.

Call us today for a free tax consult 1-866-700-1040.