Miami – Back Taxes, Unfiled Tax Returns, Settlements – Former IRS Agents 954-492-0088
Free consultations are available with Tax Attorneys, CPAs and former South Florida IRS agents.
We are comprised of tax attorneys, CPAs and former IRS agents, managers and instructors. We have over 60 years of direct work experience in the local South Florida IRS offices and we have been in the positions of agents, managers, instructors, and former IRS appeals agents.
All our work is done in-house and we are A+ rated by the Better Business Bureau.
We have been serving South Florida since 1982.
Back Taxes, Unfiled Tax Returns and Tax Settlements.
If you have any back tax issues whether you have not filed tax returns or owed back taxes or going through a tax audit call us today and we will match you up with the tax specialist that can immediately and permanently start to resolve your IRS back tax problem.
We can file your back taxes and settle your tax case all of the same time. If you have lost your records that is not a problem are tax experts in the reconstruction of past tax returns.
The new fresh start program or fresh start initiative is allowing many taxpayers the opportunity to file back tax returns and settle their tax debts.
The new Fresh Start Program by the Internal Revenue Service
The Internal Revenue Service six months ago made major changes in the way they deal and handle taxpayers that all back taxes. The new fresh start program or fresh start initiative is going to help out thousands and thousands upon taxpayers to go ahead and more readily and easily handled their IRS tax problems.
IRS has made dealing with back taxes a much easier.
Please find below changes IRS has made in back taxes due to the new Fresh Start Program.
Federal Tax Lien Thresholds.
The IRS will significantly increase the dollar thresholds when federal tax liens are generally filed. IRS federal tax liens are now filed on liabilities and exceed $10,000.
The new dollar amount is in keeping with inflationary changes since the number was last revised. Currently, Federal tax liens are automatically filed at certain dollar levels for people with past-due balances on back taxes.
What is a 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.
The federal government is usually not the only creditor to whom the taxpayer owes money. So the federal government secures there interest by the filing of the federal tax mind
A federal 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 federal tax 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 by the Internal Revenue Service
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. See more on our website about this issue.
The IRS has determined that this approach is in the best interest of the government.
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 , Payment plan and Federal Tax Liens
The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement .
Big News on lien withdrawals.
For taxpayers with unpaid assessments of $25,000 or less, the IRS will now allow lien withdrawals under several scenarios:
Federal Tax Lien withdrawals for taxpayers entering into a Direct Debit Installment Agreement.
The IRS will withdraw a lien if a taxpayer on a regular Installment Agreement converts to a Direct Debit Installment Agreement.
The IRS will also withdraw federal tax 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.
Installment Agreements, Payment arrangements and Small Businesses on back taxes
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 tax 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 / IRS Tax Debt Settlements on 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 annual incomes up to $100,000 to participate. Tax Participants must have tax liability of less than $50,000, doubling the current limit of $25,000 or less.
Compromises or Tax Debt Settlements are subject to acceptance based on legal requirements.
An offer-in-compromise ( OIC ) is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
Generally, 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 will looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
Call our offices today and see how easy it is to go ahead and file your back taxes and settle your IRS tax debt. All tax consultations are free and are covered by privilege.
Unfiled Tax Returns
If you have unfiled tax returns because you have lost your tax records contact us today and we can reconstruct any and all back tax returns. We are tax experts in reconstruction. We have prepared thousands of back tax return since 1982 and can help you through this process.
Areas of Professional Tax Practice:
- Same Day IRS Tax Representation
- Offers in Compromise or IRS Tax Debt Settlements
- Immediate Release of IRS Bank Levies or IRS Wage Garnishments
- Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
- IRS Tax Audits
- IRS Hardships Cases or Unable to Pay
- Payment Plans, Installment Agreements, Structured agreements
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll / Trust Fund Penalty Cases / 6672
- Filing Late, Back, Unfiled Tax Returns
- Tax Return Reconstruction if Tax Records are lost or destroyed
- Back Taxes, unfiled tax returns and settlements
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
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- As heard on GRACE 90.3 Net Monthly Radio Show-Business Weekly
Miami – Back Taxes, Unfiled Tax Returns, Settlements – Former IRS Agents
