by Fresh Start Tax | Jan 4, 2019 | Tax Help
We are Affordable former IRS agents and managers who have over 95 years of direct IRS work experience in the local, district, and regional tax offices of the IRS.
We can stop the IRS notice of intent to levy and we can settle your case.
We know the system inside and out.
The IRS sends out about 600,000 Bank and Wage Levy Garnishments each and every year. They follow these up with 400,000 Federal Tax Liens.
Let former IRS agents, managers and tax instructors who all know all the IRS protocol stop the IRS.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We have over 206 years of professional tax experience in dealing with the IRS notice of intent to levy.
We not only can stop the IRS levy, we can settle your case at the same time.
The IRS Computer System of Levies and wage garnishments
Make sure you contact IRS by the follow-up date or the CADE2 IRS computer will automatically generate bank levies or wage garnishments. Not a human hand touches your levy they are all systemically generated by IRS’s computer.
The Internal Revenue Service sends their letters out in five-week billing cycles.
If you don’t respond to the last and final notice you can definitively find that a bank levy or wage garnishment or the possibility of a federal tax lien will be issued.
The information you need to know about a federal tax levy or wage garnishment
Where does Internal Revenue Service (IRS) authority to levy originate?
The Internal Revenue Code (IRC) authorizes levies to collect delinquent tax.
See IRC 6331. Any property or right to property that belongs to the taxpayer or on which there is a Federal tax lien can be levied, unless the IRC exempts the property from levy.
What actions must the Internal Revenue Service take before a levy can be issued?
The IRS will usually levy only after these three requirements are met:
• The IRS assessed the tax and sent you a Notice and Demand for Payment (a tax bill);
• You neglected or refused to pay the tax; and
• The IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
Please note: if the IRS levies your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
When will the IRS issue a levy?
If you do not pay your taxes (or make arrangements to settle your debt), and the IRS determines that a levy is the next appropriate action, the IRS may levy any property or right to property you own or have an interest in.
For instance, the IRS could levy property that is yours, but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions). Or, the IRS could seize and sell property that you hold (such as your car, boat or house).
Call us today and we can stop the IRS levy right away. You will never have to speak them.
Whatever you do, be assertive with the Internal Revenue Service in handling your problem because the problem will not go away by itself.
You will have the benefit of:
Our staff has over 205 years of professional IRS tax representation experience collectively
Former IRS Managers, Instructors and Trainers
Highest Rating by the Better Business Bureau “A”plus
Fast, affordable, and economical
Practice in all 50 States
Certified by the Internal Revenue Service
Nationally Recognized Veteran Former IRS Agent
Nationally Recognized Published Tax Expert
How we handle your IRS case to get you immediate tax relief/help and permanently end your IRS Tax Problem
We obtain all the information from our clients and get an accurate description of the problem.
We immediately send a power of attorney to the IRS so you never have to speak to them.
We immediately have the IRS stop all of their enforcement action with that first call.
We make sure the tax liability is correct by pulling tax transcripts and documents from the IRS’ computer.
We file any returns that the IRS needs to get you current. All tax returns must be filed before the IRS will consider any agreements.
We make sure your case is settled for the lowest possible amount allowed by law by going over all the different options that are available to you.
Some frequently Asked Questions
What happens if I don’t pay or contact the IRS?
If you don’t pay the amount due, they may seize (“levy”) any state tax refund to which you’re entitled. This is your notice of intent to levy as required by Internal Revenue Code section 6331(d).
If you still have an outstanding balance after they seize (“levy”) your state tax refund, they may send you a notice giving you a right to a hearing before the IRS Office of Appeals, if you have not already received such a notice. The IRS may then seize (“levy”) or take possession of your other property or your rights to property.
Property includes:
Wages, real estate commissions, and other income
Bank accounts
Business assets
Personal assets (including your car and home)
Social Security benefits
If you don’t pay the amount due or call the IRS to make payment arrangements, they can file a Notice of Federal Tax Lien on your property at any time, if they haven’t already done so.
If the lien is in place, you may find it difficult to sell or borrow against your property. The tax lien would also appear on your credit report ― which may harm your credit rating ― and your creditors would also be publicly notified that the IRS has priority to seize your property.
What if I don’t agree or have already taken corrective action?
If you do not agree with this notice, contact the IRS immediately at the number printed at the top of the notice. They will do our best to help you. If you have already paid this liability or arranged to pay it with an installment agreement, you should still call them at the number printed at the top of the notice to make sure your account reflects this.
Remember, you can always Appeal your case.
Received IRS Notice of Intent to Levy, Stop the IRS NOW + Former IRS Agents
by Fresh Start Tax | Nov 6, 2018 | Tax Help
So, you file a tax return and you will owe back taxes to the Internal Revenue Service, what is going to happen and what is the process???
The first thing that you will do is receive a bill for the amount you will.
This bill actually starts the IRS collection process and will continue until your account is closed by the Internal Revenue Service.This process is called the IRS tax assessment and starts the statute of limitation on every case which is 10 years that IRS creates a notice on the IRS billing system.
There are different ways that IRS can close your case.
As a general rule, IRS after reviewing your case and your current financial statement may close your case by putting you into a non-collectible hardship status, entertaining a payment agreement or the possibility of settling your tax debt through an offer in compromise.
This will happen over a ten-year period of time in which the IRS collection statute of limitations expires.
It is very important for every taxpayer to understand and to make sure that the tax debt that IRS is assessing you for is correct.
I advise all taxpayers to pull out there tax return and compare it to the bill to make sure the amount owed to IRS is correct.
If not, your first step is to correct the IRS tax notice and make sure the proper amount you always on the IRS computer.
The first notice you receive will be a letter that explains the balance due and demands payment in full.
It will include the amount of the tax, plus any penalties and interest accrued on your unpaid balance from the date the tax was due.
The unpaid balance is subject to interest that compounds daily and a monthly late payment penalty. It’s in your best interest to pay your tax liability in full as soon as you can to minimize the penalty and interest charges.
If you’re not able to pay your balance in full immediately, the IRS may be able to offer you a monthly installment agreement. There are various programs that IRS has to pay back taxes depending on the amount you owe and the period of time you wish to pay them back.
If this is your situation you could call us today and speak to a true IRS tax expert.
IRS should be contacted at some time during this process especially when you receive the final notice to let them know you are unable to pay the tax debt in full and you wish to make arrangements.
Making arrangements is not necessarily to pay off the debt but may be to ask IRS to place you in a hardship or let them know you want to settle your tax debt through the filing of an offer in compromise
If you need more time to pay, you may ask that IRS delay collection and report your account as currently not collectible.
If the IRS determines that you can’t pay any of your tax debt due to a financial hardship, the IRS may temporarily delay collection by reporting your account as currently not collectible until your financial condition improves.
Being currently not collectible doesn’t mean the debt goes away. It means the IRS has determined you can’t afford to pay the debt at this time.
Prior to approving your request to delay collection, we may ask you to complete a Collection Information Statement (Form 433-F.pdf, Form 433-A.pdf, or Form 433-B.pdf) and provide proof of your financial status (this may include information about your assets and your monthly income and expenses).
If IRS does delay collecting from you, your debt continues to accrue penalties and interest until the debt is paid in full. The IRS may temporarily suspend certain collection actions, such as issuing a levy (explained below), until your financial condition improves. However, we may still file a Notice of Federal Tax Lien (explained below) while your account is suspended.
It’s important you contact the IRS and make arrangements to pay the tax due voluntarily. is best to check with the professional tax firm about the various programs that are available to take care of your situation and to draw up a short term and long term strategy.
If you do not contact IRS, they may take action to collect the taxes.
For example:
1. Filing a Notice of Federal Tax Lien
2. Serving a Notice of Levy, or Wage Garnishments
3. Offsetting a refund to which you’re entitled
What is a federal tax lien:
A federal tax lien is a legal claim to your property, including property that you acquire after the lien arises.
The federal tax lien arises automatically when you fail to pay in full the taxes that have been assessed against you within ten days after the IRS sends the first notice of taxes owed and demand for payment.
The IRS may also file a Notice of Federal Tax Lien in the public records, which publicly notifies your creditors that the IRS has a claim against all your property, including property acquired by you after the filing of the Notice of Federal Tax Lien.
The filing of a Notice of Federal Tax Lien may appear on your credit report and may harm your credit rating.
Once a lien arises, the IRS generally can’t release the lien until the tax, penalty, interest, and recording fees are paid in full or until the IRS may no longer legally collect the tax.
The IRS will withdraw a Notice of Federal Tax Lien if the notice was filed while a bankruptcy automatic stay was in effect.
The IRS may withdraw a Notice of Federal Tax Lien if the IRS determines:
1. The Notice was not filed according to IRS procedures;
2. You enter into an installment agreement to satisfy the liability unless the installment agreement provides otherwise;
3. Withdrawal will allow you to pay your taxes more quickly; or
4. Withdrawal is in your best interest, as determined by the National Taxpayer Advocate, and in the best interest of the government.
The IRS may levy (seize) assets such as wages, bank accounts, social security benefits, and retirement income.
The IRS also may seize your property (including your car, boat, or real estate) and sell the property to satisfy the tax debt. In addition, any future federal tax refunds or state income tax refunds that your due may be seized and applied to your federal tax liability.
You have rights and protections throughout the collection process.
if you will money to the Internal Revenue Service and you need to know what’s next call former IRS agents who can explain the process and set up a short-term/long-term strategy to and your tax problem altogether.
It is very important for everyone to know that all tax returns need to be filed and that all taxpayers remain current with withholding or estimated tax payment so IRS can work with you and feel confident about their negotiations.
