IRS Tax Levy Relief + Unfiled Returns + Tax Lien Releases – Offer in Compromise + Settle Back Taxes + Former IRS Agents + Dededo, Yigo,Tamuning- Tumon-Harmon, Mangilao, Barrigada, Santa Rita, Mongmong-Toto-Maite ,Chalan Pago-Ordot

March 26, 2011
Written by: steve

Fresh Start Tax

 

Affordable Fresh Start Tax LLC    “A” Plus Rated by the BBB   

 

A Professional Tax Firm      Since 1982   Former IRS Agents  We know the System

We can get immediate releases of the federal tax levies. We can file unfiled tax returns and get wage garnishments and bank levy releases released immediately.

We were IRS teaching instructors at the regional and district office. We are one of the oldest, most trusted and experienced tax firms.

Do not hire a tax mill, you will be ripped off. Check BBB ratings.

 

We are a professional tax firm uniquely qualified to handle any and all IRS problems.

On staff are former IRS Agents, Managers and Instructors who worked for the IRS for over 25 .


How we immediately get Notices of Wage Levy and Bank Garnishment Levies Released.

As former IRS Agents, Managers and Instructors we have issued thousands of IRS Wage/Garnishment and Bank Levies. We know exactly how to quickly get them released. We have what it takes.

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 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. 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.  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.

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 met your current expenses. 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 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.


LOST TAX RECORDS – The process of filing back or unfiled tax returns: (Lost of few tax records )

If you have unfiled tax returns, this process is used to get current with the IRS:

1. We verbally review a year by year history of your income and expenses.
2. We review any records you may have.
3  We pull all IRS information that they have received from 3rd party sources that have been placed on the IRS computer system over the past 7 years.
4. If you have lost all your records we have easy and simple forms that can help you reconstruct your tax return.
5. We can prepare through years of experience  a “reconstructed” tax return that the IRS will accept.
6. We review all returns for accuracy with the client and send them into the IRS.
7. We work out a settlement agreement with the IRS.

 

Filed Under: IRS Tax Advice | Tax News
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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.