Need IRS Tax Advice on Back Taxes + Owe Tax Debt, File Back Returns

March 28, 2016
Written by: Jim Magary

 

Fresh Start Tax

 

We are the affordable and experienced professional firm that specializes in IRS tax advice on Back Taxes. Since 1982. A plus Rated BBB.

 

We are composed of CPAs and former IRS agents and managers who have logged over 65 years as former IRS employees.

With all that experience we know the system inside and out.

Not only were we former IRS agents and managers who are teaching instructors for new IRS agents. we know every possible program IRS as we can explain to each and every option and tax advice if you owe IRS back taxes.

We understand the protocols, settlement theories, and each system IRS has to deal with your particular situation.

If you owe back IRS taxes we can explain to you the various options you have and how IRS will settle your case.

There are various programs available for those who are looking for tax debt forgiveness. The IRS tax debt forgiveness program is called the offer in compromise. As a former IRS agent and teaching instructor, I taught the offer program to new IRS agents.

 

Current IRS programs available to deal with those “who owe back taxes “

IRS must have a standard that they use nationwide to determine how they go ahead and settle back tax issue or back tax problems. If there was no standard it would be a free-for-all in there be a huge break down in the system. So IRS in their wisdom created an available standard and knowing the system is key to success.

IRS uses a current financial statement to determine how are they are in a deal with the back IRS tax debt.

IRS wants review of a 433F, which is their version of a financial statement, along with three months worth of bank statements and pay stubs.

They were also we want to review your current monthly expenses. There are national standards IRS uses as comparison methods.

Once IRS carefully review your financial statement there are generally two options available to you.

1. Over 40% of current cases in which taxpayers owe back taxes those cases are put into a non-collectible a hardship status which means they will stay there for two or three years, with penalties and interest running and will review the case somewhere down the road.

2. While as 6.5 million taxpayers opt for the installment or payment agreement method to pay IRS back the debt.

Once again your current financial statement along with documentation is key for resolving your IRS back taxes. IRS also has a small sundry list of options for online payments which we can determine which is best for you.

The offer in compromise program.

When you call our office to review your current financial statement and find out first if you can settle your tax debt.

Anytime a taxpayer calls our office regarding tax debt, we immediately want to find out if it can be settled to the offer in compromise.

One of the nice things about the program deserves a pre-qualifier tool so a taxpayer does not need to spend any money to find out whether they are eligible for this program.

It is important to know that all your tax returns need to be filed with the Internal Revenue Service to keep Uncle Sam happy. We can prepare your back tax returns with little or no records.

If you owe back IRS taxes call us today for a free initial tax consultation and learn the truth about dealing with IRS if you owe back taxes.

When you retain a firm like fresh start tax llc, you are retaining integrity, character, experience and affordable pricing.

Since 1982 we have been resolving issues for those taxpayers who owe back taxes or need tax advice.

 

 

Need IRS Tax Advice on Back Taxes + Owe Tax Debt, File Back Returns

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M. Johnson

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“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.”
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