Local Christian Tax Help + IRS Debt Problem + Offer in Compromise + Installment,Monthly Payments, IRS Hardships + Tax Attorney, Former IRS + TOMBALL, KINGWOOD, ALVIN, WEBSTER

June 13, 2020
Written by: Fresh Start Tax


Since 1982, Affordable, A plus rated BBB. Former IRS Agents, Tax Attorney, CPA’s, Former IRS Agents
Houston Offices 112 West 4th St. Houston, TX  77007 <><


Fresh Start Tax


There are AFFORDABLE different Ways to Solve Back IRS Debt Problems to get help for tax relief for IRS back taxes, Since 1982,

We will review with you the various examinations to help, get rid of, relieve or eliminate you of your current IRS tax debt in obligation. We can file all back taxes as well.

We will walk through all the programs to see what programs you qualify.

We are Christian Tax Firm.<><



FST:

We are an Affordable professional tax firm that can offer you a free initial tax consultation and walk you through the process if you have a back balance due the Internal Revenue Service.

If you have balance due on back taxes and are looking to set up a payment agreement, file firm offer in compromise to settle your back tax debt or you need to file back tax returns, call us today for a free initial tax consultation.


The FST IRS Experience get you results:


We have worked out of the local, district, and regional tax offices of the Internal Revenue Service. We are true IRS Experts in the area of IRS tax settlement services.



How does IRS dispose of Tax Debt Cases?

The 5 ways or programs for IRS Tax Debt



1. By Payment in full,

2. By monthly installment payments plans,

3. By the Acceptance of an offer in compromise, (this is how your completely eliminate the tax debt)

4. By statue expiration. (also, this is how your completely eliminate the tax debt)

5. For those who cannot pay their debt IRS has a non-collectible or IRS Tax hardship programs.



Upon your initial free tax consultation we will walk through the various programs and let you know the easiest way to resolve your back tax debt.




The most important aspect of working tax debt cases is completely dependent on the individual or business financial statements.It is the most important factor.



Your current documented financial statement determines all.



IRS uses a very simple formula to determine their settlement process.

It is all about your assets and your income and your current necessary living expenses. There is a very specific formula.

IRS only allows certain expenses that are considered necessary living expenses.

There are charts available on what IRS allows. Anything not on those charts are disallowed and this is what trips out most taxpayers.

A simple review of your current financial statement and we can let you know the different programs you may be eligible for.

You will need to complete form 433F or form 433A for us to make a current determination. IRS will only use their financial statements.

It is critically important to know that you cannot pay less taxes unless you qualify for the offer in compromise program.

IRS has a very specific formula that they use to compute the offer in compromise.

The only way you can pay less tax is through the offer in compromise program. There is also an IRS pre-qualifier form.

I have over 40 years in this industry and it is critical if you want to settle your tax debt for the lowest possible amount you should go to true tax professionals.


Information to Know:

All your tax returns will have to be filed before IRS will work your offer in compromise.

If you need help with your tax preparation call us and we can have a staff of Experts accountants and tax preparers complete all returns with or without records.

Also beware that many times the Internal Revenue Service want to make sure you are current in your withholding tax or your estimate tax payments are they will not close your work your case until you become fully compliant.

Beware of IRS tax settlement services companies.some will rip you off!



We have been in this industry a long time there are many good companies in as many bad tax settlement service companies. For you to evaluate in IRS tax settlement service company you must ask to speak directly to the person who will be working your case.



Generally, when you call a tax services company, you are speaking to what is called a closer. That person is a salesman and will actually bill you and charge you for the services then your case gets passed down the line.

When you call fresh start tax, you will speak directly to the person who works your case and that person can give you a true evaluation on how and if IRS will accept an IRS tax settlement .

All IRS tax settlement service firms and companies are different.

Check out the BBB rating and make sure you have a true tax professional working your case.

I suggest you always hire someone who’s worked at the IRS because they are aware of the methodologies required to get your offer in compromise through the system.



Other options or ways to Solve Back IRS Taxes Debt Problems or Back Tax Issues

As a general rule, you may apply for hardships, payment agreements or settle for an offer in compromise to settle your debt for pennies on the dollar.

We will review with you your financial statement and let you know what the lowest possible settlement IRS will accept. 40% of all persons that owe back taxes are issue into a hardship or are currently not collectible status and 6.5 million taxpayers enter into annual payment agreements.

The other way to pay less tax is for the ten-year statute of limitation to run out and your debt will be written off by the Internal Revenue Service.

If you want to file an offer in compromise I thought you’d like to know what the statistics are.

Last year over 78,000 offers in compromise/IRS tax debt settlement were filed by taxpayers and over 38% of those were accepted for average of $6500 per case. Approximately 40,000 taxpayers last year paid less tax.

At the current time there are 7500 cases in the offer queue. The average wait time is nine months. There are not enough IRS employees to work the current inventory.

Keep in mind this is a national average in your case is completely dependent on your individual financial statement.



We will not file for an offer in compromise unless you are a true candidate for the program. You must qualify.



There is a pre qualifier tool to find out if you are a settlement candidate for income or business tax debt.



Upon your initial tax consultation we’ll let you know if you are eligible to have an accepted offer in compromise by the Internal Revenue Service.



Due to the new fresh start tax initiative Internal Revenue Service had made it easier to file for the program. However this program is not for everybody.

Everyone wants to settle with IRS but there is a very specific format and methodology that must be followed.

There are many myths about the pennies on the dollar program so you need to hear the truth before spending any money.

There are many firms that take your money and then let you know after the fact you are not qualified. you need to know before hand whether you have a fighting chance. Being a former IRS agent employee gives you a huge advantage of having the review your offer in compromise to settle your tax debt.

At our firm we will take no clients money until we are no they are a true candidate for the settlement program.

There are many myths about the offer in compromise so IRS in their great wisdom provides a pre-qualifier tool to find out if taxpayers are eligible for the offer in compromise program so taxpayers do not give their hard-earned money to unsuspecting tax firms promising tax settlements.


The IRS Offer in Compromise

If you have any questions or issues about the offer in compromise program to settle or negotiate your debt for pennies on the dollar, call us today and we will review your case to let you know if you are a qualified and suitable candidate.

The IRS spends a lot of due diligence before they accept an offer in compromise.

It is possible for the IRS to spend over 20-40 hours working an offer in compromise.

IRS uses the Accuriant search engine, Google in a variety of other searches to check on assets and histories of taxpayers and businesses.

You want to make sure you are accurate and truthful on your financial statement.

The higher the dollar case the greater the due diligence. Many people ask why is this process not that simple. The answer is this, all accepted offers in compromise are a matter of public record for one year in the regional office where the offer was accepted.

The Internal Revenue Service does all that it can to make sure there is a matter of consistency within the offer in compromise program if not still be a tremendous public outcry.

One base rule for the offer in compromise program. IRS is only concerned about your income and assets. This includes your equity in your home, pension plans are IRA’s.

One nice thing about the IRS accepting your offer in compromise is that once you meet the terms of the settlement they will release your federal tax lien.

Below you will find out what you need to know about the offer in compromise program.


When IRS determines that they will settle with you, IRS will consider your unique set of facts and circumstances:

• Ability to pay,

• Income,

• Expenses; and,

• Asset equity.

IRS will generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.

Right now that is appox. 9 months

Make sure you are eligible for the offer in compromise to settle your back IRS tax debt.

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

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

Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.


Call us today for free initial tax consultation and speak to a true IRS tax expert who will walk you through the process of how to negotiate with IRS over back taxes and see if you qualify to pay less taxes for an IRS tax settlement.



Local Christian Tax Help + IRS Debt Problem + Offer in Compromise + Installment,Monthly Payments, IRS Hardships + Tax Attorney, Former IRS + TOMBALL, KINGWOOD, ALVIN, WEBSTER

 

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