by Fresh Start Tax | Nov 13, 2013 | Tax Help
CPA – IRS Tax Help for IRS Problems
We are a local South Florida tax firm that specializes in IRS tax help for any IRS problem. We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local South Florida IRS offices.
We also worked in the district and regional training offices as former IRS instructors.
We are your affordable tax solution for any IRS situation, IRS matter or IRS problem.
If you are having any type of IRS problem whether it be an IRS collection notice, unfiled tax returns, or you are undergoing an IRS audit contact us today for a free initial tax assessment and see how we can bring your case to a quick resolution.
We’ve been in practice in South Florida since 1982 and we are A+ rated by the Better Business Bureau. Our former IRS agents and managers are tax experts to resolve your IRS tax problem for affordable fees.
We are also comprised of tax attorneys, CPA’s and Former IRS Revenue Agents and Collections Revenue Officers.
We are one of South Florida’s most experienced professional tax firms.
Areas of Professional Tax Representation
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Full Service Accounting Tax Firm,
- 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” Plus
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
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
- 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 of Tax Records
CPA – IRS Tax Help for IRS Problems – Ft.Lauderdale, Miami – Affordable Experts
by Fresh Start Tax | Jun 20, 2012 | Expatriate Tax, Representation, Tax Returns
Expatriates File Tax Returns – Living in England 1-866-700-1040
Let Former IRS Agents and CPA’s help reduce your tax debt.
We understand all the tax exclusions related to expatriate tax returns, and will help figure out how you can pay the lowest amount allowed by law.
If you are now living in England and need to file American tax returns call us today and we can fully take care of all your tax matters.
Free tax consultations. 1-866-700-1040.We also have on staff IRS tax attorneys and lawyers.
We have on staff Board Certified Tax Attorneys ( Experts in Expatriate Tax Law ), CPA’s and Former IRS Agents who have over 60 years with the IRS in the local , district and regional offices of the Internal Revenue Service.
We taught Tax Law at the IRS.
Those living in England
We want to remind those living in England and needing to file American expatriate taxes the option to e-file. E-filing has become the most popular way to file American expatriate taxes with nearly 80% of taxpayers choosing to file electronically.
More than one billion individual tax returns safely and securely filed online, and we what to remind our taxpayers clients why it has become the very best option for filing.
The benefits of E-File an American Expatriate Tax Return:
1. Safety, peace of mind, and security.
E-file providers must meet strict guidelines and provide the best in encryption technology. You receive an acknowledgement within 48 hours that the IRS received your return. If the IRS rejects the return, the receipt will explain why so you can quickly correct and resubmit.
2. Much Faster refunds.
An e-filed tax return normally means a fast refund. If you combine e-file and direct deposit the IRS can typically issue your refund in as few as 10 days. About three of four taxpayers receive a refund and last year the average refund was approximately $2,900.
3. Different payment options.
If you e-file you can file early and set an automatic payment withdrawal date for any date on or before the April due date. You may also pay by paper check or even by credit card.
We can also file all back, late or past due tax returns and work out a tax settlement if necessary.
Expatriate File Tax Returns – England – IRS Experts, Former IRS – Affordable
by Fresh Start Tax | Jun 19, 2012 | Back Taxes, Expatriate Tax, IRS Tax Audit, Offer in Compromise, Representation, Tax Lawyer, Tax Returns
If you are looking for true professional tax help, advice call Fresh Start Tax L.L.C. for a no cost tax consultation. 1-866-700-1040.
We are true tax experts.
We file all current tax return via e-file and we can file any multiple back, late, or unfiled years tax returns. Should you owe back taxes we can also work on a settlement with the IRS called an offer in compromise or a tax debt settlement.
We can help audit proof your tax return. We have Former IRS Agents and IRS Audit Managers review your tax returns and conduct a pre-audit review to ensure a safe and worry free return. We also take assertive positions to reduce your tax liability so you pay the lowest tax allowed by law.
We are staffed with Tax Attorneys, CPA’s and Former IRS agents, managers and instructors who have over 205 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service.
Expert Expatriate Tax Services, Tax Consultation and Tax Advise.
We will review all of your U.S. Tax Obligations while living abroad and make determinations of which events are and or not taxable.
We also will review all Earned Income exclusions to give you every tax benefit available to you.
We also go over all the tax treaties which range and cover over 60 countries. We review all social security, medicare and self employment tax issues.
U.S. Social Security, Medicare, and Self-Employment Taxes
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If you are an offshore employee of a U.S. corporation, that employer will normally withhold Social Security and Medicare taxes on your W-2 earnings.
Should you be working for a United States based employer in one of the 20-plus countries with which the U.S. has established a Social Security Totalization Treaty, you may be able to cite a closer connection to the foreign country and participate in that country’s social insurance system, and not have U.S. Social Security and Medicare taxes withheld from your United States pay.
Call us today for a free tax consultation, 1-866-700-1040.
by Fresh Start Tax | Jun 4, 2012 | IRS Tax Debt, IRS Tax Problem, Offer in Compromise, Representation, Tax Help, Tax Lawyer, Tax Returns, Tax Settlements, Uncategorized
Settling your IRS tax debt has just been made much easier through the new Fresh Start Program just launched by the Internal Revenue Service.
On May 21, 2012 the Internal Revenue Service announced another expansion of its “Fresh Start” initiative by offering much more flexible terms to its Offer in Compromise (OIC) program that will enable some of the most financially troubled taxpayers/businesses to clear up their IRS tax problems/issues and in many cases more quickly than in the past. This is one of the biggest changes ever by the IRS in regard to IRS tax debt.
The new announcement specifically targets on the financial analysis used to determine which taxpayers qualify for an Offer in Compromise or a tax debt settlement.
This announcement also enables some taxpayers to resolve their tax problems in as little as two years compared to four or five years or in some cases 10 years in the past.
In certain circumstances, the changes announced today include:
1. Revising the calculation for the taxpayer’s future income
.2 Allowing taxpayers to repay their student loans.
3. Allowing taxpayers to pay state and local delinquent taxes.
4. Expanding the Allowable Living Expense allowance category and amount.
An OIC ( Offer in Compromise ) is an agreement between a taxpayer and the IRS that settles the taxpayer’s IRS tax debt liabilities for less than the full amount owed. In many cases “pennies on a dollar’. The usually settlement is about $.014.
An OIC is generally not accepted if the IRS believes the liability can be paid in full as a lump sum or a through payment agreement. The IRS looks at the taxpayer’s two major assets:
1. all income including social security, disability income,
2. liquid assets including 401k and all pensions
to make a determination of the taxpayer’s reasonable collection potential.
Offers in Compromise are subject to acceptance on legal requirements and must be approved by 3 layers of IRS management.
The IRS finally recognizes that many taxpayers are still struggling to pay their debts and are underwater on there mortgages so the IRS has been working to put in place “common-sense changes” to the OIC program. This change is long over due.
When the IRS calculates a taxpayer’s reasonable collection potential, the Internal Revenue Service will now look at only one year of future income for offers paid in five or fewer months, down from four years, and two years of future income for offers paid in six to 24 months, down from five years. This is a huge change and will allow the taxpayers to reduce their IRS tax debt as far down as 75%.
Settling your IRS tax debt has really been made much easier starting today.
All offers in compromise must be fully paid within 24 months of the date the offer in compromise is accepted.
The new IRS Form 656-B, Offer in Compromise Booklet, and new IRS Form 656, Offer in Compromise, has been revised to reflect the changes.
Other changes to the program include narrowed parameters and clarification of when a dissipated asset will be included in the calculation of reasonable collection potential. In addition, equity in income producing assets generally will not be included in the calculation of reasonable collection potential for on-going businesses.
It is always best to make sure your offer in compromise or your tax debt settlement qualifies for a tax settlement in the first place.
Call the tax professionals at Fresh Start Tax LLC. We are comprised of Board Certified Tax Attorneys, CPA’s and Former IRS Agents and Managers.
We can also file all past due, late, or back tax returns. We are your firm for immediate and permanent tax relief on back taxes.
by Fresh Start Tax | May 9, 2012 | Tax Help, Uncategorized
There has been recent changes to the Federal Tax Law due to the increasing public outcry on the burden the IRS has been putting on taxpayers through the Filing of the Federal Tax Liens.
As a result it is now possible to have your Federal Tax Lien completely withdrawn. By this process the credit companies will adjust your credit scores to the level as though the Federal Tax Lien was never filed.
Call us today for immediate tax representation 1-866-700-1040
If the IRS has filed a Federal Tax Lien and you have either paid off the tax liability or have gone on direct deposit and met the lien withdrawal criteria fill out form 11227
The process of Release or Removal of Federal Tax Liens:
IRS has increased the lien filing threshold.
The Internal Revenue Service Fresh Start Program changes increase the IRS lien filing threshold from $5,000 to $10,000.
Federal Tax Liens may still be filed on amounts less than $10,000 when circumstances warrant.If the IRS feels that the collection of the tax is in jeopardy or the assets will be moved the IRS can proceed to filed the Federal Tax Lien
Requesting a federal lien withdrawal after the lien has been released:
The IRS may now because of the Fresh Start Program issue a withdrawal of a Notice of Federal Tax Lien after the lien has been released.
If you wish to have the Notice of Federal Tax Lien withdrawn, a taxpayer must request the withdrawal in writing.
- Taxpayers should use IRS Form 12277, Application for Withdrawal, (PDF form available ). In item 8, Reason for requesting withdrawal, check box hat is applicable to your case.
Eligibility requirements are as follows:
1. Your tax liability has been satisfied and your lien has been released
2. You are in compliance for the past three years in filing:
3. All individual and business returns have been filed
4. All information returns have been filed
5. You are current on your estimated tax payments and federal tax deposits, as applicable.
Federal Tax Lien withdrawal may also occur when after entering into a Direct Debit installment agreement.
If you are a qualifying taxpayer and meet the eligibility requirements, you may have your lien withdrawn after entering into a Direct Debit installment agreement.
Your request for lien withdrawal must be in writing. Please use Form 12277, Application for Withdrawal (PDF). In item 8, “Reason for requesting withdrawal,” check box b, the “entered into an installment agreement” provision.
Qualifying taxpayers are:
- Individuals (Form 1040 tax)
- Businesses with income tax liability only
- Out of business entities with any type of tax debt
Eligibility Requirements are:
- The current amount you owe must be $25,000 or less
- If you owe more than $25,000, you may pay down the balance to $25,000 prior to requesting the lien withdrawal to be eligible
- Your Direct Debit Installment Agreement must full pay the amount you owe within 60 months or before the Collection Statute expires, whichever is earlier
- You must be in full compliance with other filing and payment requirements
- You must have made three consecutive direct debit payments
- You cannot have previously received a lien withdrawal for the same taxes unless the withdrawal was for an improper filing of the lien
- You cannot have defaulted on your current, or any previous, direct debit installment agreement.
Good News on this change that will effect thousands of taxpayers. Your credit scores should rise as though the federal tax lien was never filed.
If you are currently on a regular installment agreement, you may convert to a Direct Debit Installment Agreement.
To convert a regular installment agreement to a Direct Debit Installment Agreement:
Call us today for more details. You will speak to either a Board Certified Tax Attorney, CPA or Former IRS Agents.
