Ft.Lauderdale – Offer in Compromise, Affordable Former IRS Settlement Agent – OIC Specialists
Local Offer in Compromise Specialist 954-492-0088, I am a former IRS agent and teaching instructor of the offer in compromise program. I know the system inside and out.
Have former IRS Agents, Managers and Instructors who taught the Offer in Compromise Program at the IRS work and settle your tax case.
We worked out of the local South Florida IRS Offices for a combined 60 years.
We know all the settlement and tax strategies that IRS uses because we taught the program in South Florida.
We are one of the oldest, most trusted and experience professional tax firms in South Florida.
Call us for a free tax consult and find out the truth!
Under the current Fresh Start initiative the IRS has incorporated its Streamlined Offer in Compromise process into the overall investigation of offers and has added flexibility to the financial analysis used in evaluating offers.
The Streamlined Offer in Compromise process includes:
- Fewer requests for additional financial information
- If necessary, requests for additional information by phone, not by mail
- Greater flexibility when considering your ability to pay.
The changes to financial analysis add more flexibility to the OIC process including:
- Greater flexibility in determining the equity in assets
- Greater flexibility in determining the allowable living expenses
- Reducing the amount of future income included in the offer
- Decreased time- frame to complete the OIC payment process to two years
A Nationwide Alert by the IRS
The IRS also has issued a nationwide alert. Hire former IRS Agents who worked the program while employed at the IRS. Fresh Start Tax is a local Ft. Lauderdale company that has the highest BBB rating available.
Our staff consists of tax attorneys, tax lawyers, certified public accountants, enrolled agents and former IRS agents, managers and tax instructors.
We have practiced right here in South Florida since 1982 in are A+ rated by the Better Business Bureau and are without complaint.
As a result of our years experience at the Internal Revenue Service and in private practice and we know all the protocols, IRS procedures, and all the IRS settlement formulas to save you pennies on a dollar if you are a suitable and qualified candidate for an offer in compromise.
The Internal Revenue Service issued a consumer alert advising taxpayers to beware of promoters’ claims that tax debts can be settled for “pennies on the dollar” through the Offer in Compromise Program.
Such promoters make money by inappropriately advising indebted taxpayers to file an application for an offer in compromise with the IRS, promising unrealistic results, even when the taxpayers do not meet the requirements of the program. This bad advice costs taxpayers money and time.
Many of these tax resolution companies are run by sales people and not former IRS Agents, CPA’S, or Tax Attorneys.
Fresh Start Tax and the IRS has urged taxpayers to refer promoters who are using the program inappropriately to the reported to
IRS’s Office of Professional Responsibility for civil sanctions by sending their complaint to: Office of Professional Responsibility , Internal Revenue Service, 1111 Constitution Avenue N.W., Washington, DC 20224.
What is an Offer in Compromise or a IRS Tax Debt Settlement
An offer in compromise is an agreement between a taxpayer and the IRS that resolves the taxpayer’s tax debt. The IRS has the authority to settle, or “compromise,” federal tax liabilities by accepting less than full payment under certain circumstances.
Remarks from the IRS Commissioner
“This program serves an important purpose. But we do warn taxpayers to watch out for unscrupulous promoters charging excessive fees to taxpayers who have no chance of meeting the program’s requirements,” said IRS Commissioner Mark W. Everson. “Taxpayers should not be duped by high-priced promises.”
Hire Local Professionals from Ft.Lauderdale
Fresh Start Tax has seen countless number clients who have contacted them after paying of thousands of dollars to fraudulent companies.
Although there are some tax practitioners who promote dubious schemes, most practitioners give quality service to their clients.
Taxpayers who need a qualified tax professional to prepare and submit their offer in compromise application form may contact state or local tax professional associations to find enrolled agents, CPA”s or attorneys in their geographic area with the education and experience to assist them. you should hire local so you can actual met the firm and the individual responsible for working your tax case.
When to file for an Offer in Compromise
An offer in compromise may be considered only after other payment options have been exhausted. If taxpayers are unable to pay their taxes in full, there are other payment options, such as monthly installment agreements, that must be explored before an offer in compromise can be submitted.
Taxpayers who are unable to pay their taxes in full and who have explored the various options should use the checklist in the Form 656 package to determine if they are eligible for an offer in compromise.
IRS Fees to file Offers in Compromise
Some taxpayers may be exempt from the $150 application fee depending on income or whether the offer in compromise is based solely on doubt as to tax liability. Taxpayers who claim the income exception must certify their eligibility by completing Form 656-A, Income Certification for Offer in Compromise Application Fee.
This certification should be attached to Form 656 in lieu of the $150 fee at the time of submission. The Form 656 package contains a worksheet designed to assist taxpayers in determining whether they qualify for the income exception. The income exception applies only to individuals.
Fresh Start Tax has published National Press releases on the subject.
Ft.Lauderdale – Offer in Compromise, Affordable Former IRS Settlement Agent – OIC Specialists