Tax Levy, Tax Lien, and Tax Settlements – Affordable IRS Tax Experts 1-866-700-1040
The Internal Revenue Service sends out 3.8 million tax levies a year and files over 900,000 federal tax liens.
If this is happened to you contact us today so we can go over all the various tax solutions to end this nightmare once and for all.
Get your tax levy released immediately!
Call us for a no cost professional tax consult and let us explain how we can not only get your levy released but also settle your tax case.
We have released thousands of tax levies and settled thousands of IRS tax cases since 1982.
We are comprised of Board Certified Tax Attorneys, Lawyers, CPA’s and Former IRS Agents, Managers and Instructors.
We have over 205 years of professional tax experience and over 60 years of working directly for the IRS in the local, district and regional offices of the IRS.
We also taught Tax Law at IRS. We know all the IRS internal procedures and settlement techniques.
What we say, we do!
The Process of Getting a Tax Levy Released
Anytime a taxpayer owes debt to the IRS, the service will require a 433-F which is the IRS version of a financial statement. IRS will expect a complete and accurate financial statement from all taxpayers.
IRS will want to see that financial statement documented which will include the last pay stub, 3 to 6 months worth of bank statements, and proof of all current expenses. IRS will compare that against the national and regional averages for the areas in which the taxpayers live.
IRS will conduct a detailed analysis and let you know one of the three categories that you are eligible for. As a general rule taxpayers can be eligible for economic tax hardship, and installment or payment agreement or a IRS tax debt settlement.
You can contact us today for free tax consultation on your case and have a former IRS agents who know the system review and analyze your financial statement.
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
IRS Tax Levy, Tax Lien, Tax Settlements – How we Settle and Negotiate your case with the Internal Revenue Service:
1. We immediately send a power of attorney to the IRS letting them know we are now your tax representative. You will never have to speak to the IRS.
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 a required 433-A (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. We get them an agreement based on their current financial needs.
IRS Tax 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. IRS Offer in Compromise. There are three types of OICs:
The IRS may accept an Offer in Compromise based on three grounds:
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. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration / Exceptional Circumstances – 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 that would allow the IRS to consider an OIC.
To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
Tax Levy, Tax Lien, and Tax Settlements. Affordable IRS Tax Experts serving Charleston, Huntington, Beckley, Parkersburg, Fairmont – West Virgin