STOP IRS Levy = Salary, Wages, Bank Accounts – Jacksonville, Tampa, St. Pete, Orlando, Miami – Florida

September 17, 2013
Written by: Fresh Start Tax

Fresh Start Tax
If you have just received an IRS notice of levy on salary, wages, or a bank account contact us today and we can stop this IRS seizure action immediately.
We are a local Florida firm and have been in practice in Florida since 1982. We are A+ rated by the Better Business Bureau.
The very best way to combat the IRS is with former IRS agents and managers who know the system. While former employees at Internal Revenue Service we used to issue these notices of levy so it only makes sense that were experts on knowing how to get them released.
We know the exact protocol the exact format in the exact system to stop IRS immediately.
We not only will get IRS to stop your levy on salary, wages or bank accounts we will also close and settle your case off the IRS enforcement computer.
We have over 60 years of combined work experience in the local, district, and regional tax offices of the Internal Revenue Service.
While employed at IRS we taught tax law to new agents. We can go ahead and stop levies on salary, wages and bank account levies quickly and for affordable pricing.
It is a very simple process to stop in Internal Revenue Service notice of  levy.
Two points of interest.
Bank Levy – if you have received a IRS bank levy, please be advised that your money  or funds are frozen in that bank account for a period of 21 days.
The Internal Revenue Service gives you approximately 3 weeks to call them and give them the necessary information so they can release the levy and work out a temporary settlement with them. You may continue to use that bank account without fear of IRS taking that money. The only money that is frozen is the money that was in the account the day the bank received the levy.
Wage, Salary Levy – Unlike the bank levy, a wage or salary levy is an immediate seizure of your wages. It is a continuous levy and will occur every time payday comes.
To get your bank levy or your wage levy released you will need to submit fully documented financial statement to the Internal Revenue Service so they can make a determination on your case. We can make this process extremely simple.
How we can immediately get Notices of Bank Levy and Wage Garnishment Released.
As former IRS Agents, Managers and Instructors we have issued thousands of IRS Wage/Garnishment and Bank Levies.We know exactly how to quickly get them released.
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to them and all correspondence and communication goes through our office.
2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records. As a reminder you should make sure that you are having enough money withheld out of your current paychecks to make sure you will not owe tax in the future
3. The IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.
IRS Tax Settlement Agreements can be in different forms:
a. Hardship Settlements.
Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable.
Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements.
Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.
c. Offer in Compromise.
There are three types of OICs:
The IRS may accept an Offer in Compromise based on 3 three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration/ Exceptional Circumstances – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
Call us today and you can speak directly what tax professional at Fresh Start Tax. We are A+ rated and have been in practice since 1982.
 
STOP IRS Levy =  Salary, Wages, Bank Accounts – Jacksonville, Tampa, St. Pete, Orlando, Miami – Florida
 

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