Help with IRS Back Taxes – Have Former IRS Reduce Your Tax Debt – Back Tax Help        1-866-700-1040

 
If you owe IRS back taxes and you need to get professional tax help the very best place to turn is to former IRS agents who know the systems and tax policies.
We have over 60 years of direct work experience at the Internal Revenue Service in the local, district, and IRS regional offices.
We have worked as IRS agents, IRS managers, IRS instructors and former IRS appellate agents.
Also on staff are tax attorneys and certified public accountants.
We are A+ rated by the Better Business Bureau we have been in practice since 1982 and we are very affordable.
Contact us today for a free tax consultation and you will speak directly to a tax professional and not a salesperson.
 

When calling other tax firms that are on the Internet

You should be aware of it when you call other tax firms many times you will be speaking to a salesperson who knows little about IRS tax resolution. Unless you’re speaking directly to the tax professional you probably will not be getting the advice you need. By simply calling our office you will hear the truth that you need to hear. Make sure you are finding out the truth and not a sales pitch.
IRS has made it easy for people to pay back taxes due to the new fresh start program or fresh start initiative. It gives taxpayers help with IRS back taxes.
 

The IRS fresh start program for help with IRS Back Taxes

 
In its latest effort to help struggling taxpayers, the Internal Revenue Service has taken new steps to help people get a fresh start with their tax liabilities.
The goal is to help individuals and small businesses meet their tax obligations, without adding unnecessary burden to taxpayers. IRS is announcing new policies and programs to help taxpayers pay back taxes and avoid tax liens.

The changes include that will help with IRS back taxes

 
a. Significantly increasing the dollar threshold when liens are generally issued, resulting in fewer tax liens.
b. Making it easier for taxpayers to obtain lien withdrawals after paying a tax bill.
Withdrawing liens in most cases where a taxpayer enters into a Direct Debit Installment Agreement.
c. Creating easier access to Installment Agreements for more struggling small businesses.
d. Expanding a streamlined Offer in Compromise program to cover more taxpayers.
 

The New Tax Lien Thresholds helping with IRS Back Taxes

The IRS will significantly increase the dollar thresholds when federal tax liens are generally filed.
The new dollar amount is in keeping with inflationary changes since the number was last revised.  IRS will now file tax liens when there is assessed amount of $10,000 and above.
The IRS plans to review the results and impact of the lien threshold change in about a year.  The impact of the federal tax lien is much more devastating than taxpayers think. Credit card companies look at the filing of the tax lien and it will usually damage your tax credit history for a period of seven years.
By  IRS filing a federal tax lien they are doing nobody any favors including themselves. Even for taxpayers trying to borrow the money  to pay the tax they find themselves strapped with the federal tax lien. IRS needs to completely revisit their policy toward the filing of the federal tax  not only for the taxpayer before themselves. Taxpayers trying to get out  from under this tax debt are in a very un-enviable position, once the federal tax lien has destroyed their credit for years to come.
 

What is the federal tax lien

A federal tax lien gives the IRS a legal claim to a taxpayer’s property for the amount of an unpaid tax debt. Filing a Notice of Federal Tax Lien is necessary to establish priority rights against certain other creditors.
Usually the government is not the only creditor to whom the taxpayer owes money. IRS files a federal tax lien to secure their interest in property and assets.
A lien informs the public that the U.S. government has a claim against all property, and any rights to property, of the taxpayer.
This includes property owned at the time the notice of lien is filed and any acquired thereafter.
A lien can affect a taxpayer’s credit rating, so it is critical to arrange the payment of taxes as quickly as possible.
 

Federal Tax Lien Withdrawals

The IRS will also modify procedures that will make it easier for taxpayers to obtain lien withdrawals.
Federal Tax Liens will now be withdrawn once full payment of taxes is made if the taxpayer requests it. Usually there was a 30 to 60 day hold before IRS would release the federal tax lien.
The IRS has determined that this approach is in the best interest of the government  and the taxpayer.
In order to speed the withdrawal process, the IRS will also streamline its internal procedures to allow collection personnel to withdraw the liens.
 

Direct Debit Installment Agreements and Liens

 
The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement .
For taxpayers with unpaid assessments of $25,000 or less, the IRS will now allow a federal tax lien withdrawals under several scenarios:
a. Lien withdrawals for taxpayers entering into a Direct Debit Installment Agreement.
b. The IRS will withdraw a lien if a taxpayer on a regular Installment Agreement converts to a Direct Debit Installment Agreement.
c. The IRS will also withdraw liens on existing Direct Debit Installment agreements upon taxpayer request.
Federal tax Liens will be withdrawn after a probationary period demonstrating that direct debit payments will be honored.
In addition, this lowers user fees and saves the government money from mailing monthly payment notices.
 

Installment Agreements and Small Businesses

 
The IRS will also make streamlined Installment Agreements available to more small businesses.
The payment program will raise the dollar limit to allow additional small businesses to participate.
Small businesses with $25,000 or less in unpaid tax can participate.
Currently, only small businesses with under $10,000 in liabilities can participate. Small businesses will have 24 months to pay.
The streamlined Installment Agreements will be available for small businesses that file either as an individual or as a business. Small businesses with an unpaid assessment balance greater than $25,000 would qualify for the streamlined Installment Agreement if they pay down the balance to $25,000 or less.
Small businesses will need to enroll in a Direct Debit Installment Agreement to participate.
 

Offers in Compromise

Streamline Offers that help with IRS Back Taxes
The IRS is also expanding a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
This streamlined OIC is being expanded to allow taxpayers with:
1. annual incomes up to $100,000 to participate.
2.participants must have tax liability of less than $50,000, doubling the current limit of $25,000 or less.
OICs are subject to acceptance based on legal requirements. An offer-in-compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
An offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement. The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
 

Streamlined Installment Agreements

 
The Streamlined Installment Agreements will be available for small businesses that file either as an individual or as a business.
Small businesses with an unpaid assessment balance greater than $25,000 would qualify for the streamlined Installment Agreement if they pay down the balance to $25,000 or less.
Small businesses will need to enroll in a Direct Debit Installment Agreement to participate.
 
Help with IRS Back Taxes, Have Former IRS Reduce Your Tax Debt,  Back Tax Help