If you have an IRS tax problem, it only makes sense to hire former IRS agents, managers and tax instructors that have a combined 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service.

Our  team is comprised of tax attorneys, tax lawyers, certified public accountants, enrolled agents, and former IRS agents.

We have over 206 years of professional tax experience and have been in practice since 1982 and are A+ rated by the Better Business Bureau.

How to Stop a IRS Tax Levy

Believe it or not IRS files close to 2 million bank and wage levy garnishments each and every year.

You can stop a levy with one telephone call to the Internal Revenue Service.

But before you make that call to the IRS, you will have to have to provide a completely documented 433F financial statement. You can find that form on our website.

Upon calling the Internal Revenue Service, you will be asked to fax the 433F with all supporting documentation. Once IRS reviews the financial statement and receives the documentation the Internal Revenue Service will issue you an immediate release of the bank or wage levy and close your case off the IRS collection enforcement computer using one of three closing options.

As a side note: please be aware that any time you have a problem with Internal Revenue Service  they will conduct a full compliance check on your Social Security number meaning they will want to make sure all your all tax returns are currently filed.

If your returns are not currently filed and up-to-date and need back tax filings, we can complete your tax preparation.

If you have little or few records we can still prepare your turn based on tax audit reconstructive methods.

Being former IRS agents we know exactly how to prepare those returns and make sure you’re paying the lowest amount of tax allowed by law.

After the computer check the IRS will move on to your financial statement.

Based on your current financial statement the IRS will either;

• place you  into an economic tax hardship,

• IRS will insist on a monthly payment and/or

• the IRS may let you know your suitable candidate to file for an offer in compromise.

Owing back taxes the IRS

If you will back tax to the Internal Revenue Service, IRS will require a documented financial statement. Based on your current income and expenses IRS will determine how they will deal with your case based on your existing financial circumstances.

Be prepared to have a financial statement ready to go when IRS contacts you. If your case is in the field office and you are contacted by a revenue officer you will have to provide financial statement form number 433A.

IRS Tax Settlements

IRS tax settlements are called offer in  compromise.

IRS accepts 38% of all offers in compromise filed and they generally receive around $.16 on a dollar for each case. You should understand that’s an average base completely on the individual circumstances of everyone’s financial statement.

HOWEVER – Before you go off filing for an offer in compromise and paying thousands of dollars to some tax resolution company make sure you are a qualified and suitable candidate for an offer in compromise.

You can find an IRS pre-qualifier tool for the offer in compromise on our site. You can walk through the pre-qualifier tool and call us if you have questions.

IRS tax audits

Being former IRS agents we recommend nobody walk in for an IRS tax audit unless they have a perfectly clean tax return.

If you have no skeletons in your closet there’s nothing wrong with walking in yourself but if you have any hints of problems or skeletons you should always have a professional person with years of experience defend your tax return.

Remember the Internal Revenue Service has an option of going back for4 years if they find more than 25% of omission of income

If you have any questions feel free to call us today you can speak directly to one of our tax professionals.