by Fresh Start Tax | Jun 25, 2012 | Abatements, Back Taxes, Expatriate Tax, Income Tax Preparation, Tax Lawyer, Tax Settlements
Ex-Pat Tax Return Filing – Tax Attorneys, CPA’s, Former IRS – IRS Tax Experts
We are comprised of Board Certified Tax Attorney’s, CPA’s and Former IRS Agents and Instructors.
You can have Former IRS Agents and Managers who know the system and the tax procedures get you back in the IRS system worry free.
We have taught Tax Law at the IRS as Former IRS Agents.
We have filed and resolved hundreds of U.S. Expatriates who have not filed their past due or late tax returns for all kinds of reason.
Many taxpayers do not have the proper records and many simply did not know there was even a tax filing requirement.
If you owe back IRS tax because of late filing we can also look to abate the penalties and interest and work out a tax settlement.
We have made this a very simple process. Because of our vast expertise in this Ex – Pat matters we have made this process very affordable and you will never have to contact the IRS. Ex- Pat’s will simply give us a power of attorney and we do the rest.
Because of our awareness of the U.S. Tax Laws you will pay the lowest amount allowed by law. There are special tax benefits such as the:
1. Foreign Tax Exclusions,
2. Foreign Tax Credits.
3. Earned Income Exclusion.
Fresh Start Tax L.L.C. can offer our clients attorney-client privilege in the process which is not available from other many other tax preparers.
We have over 205 years of professional tax experience and over 60 years working for the Internal Revenue Service in the local, district and regional offices of the IRS.
Call us today and speak directly to a tax professional and relief your Ex- Pat worries.
by Fresh Start Tax | Jun 19, 2012 | Back Taxes, Expatriate Tax, Income Tax Preparation, Tax Help, Tax Returns
We are a Christian Tax Firm <>< specializing in Expatriates tax situations, tax problems and tax resolutions.
We have on staff Christian Tax Attorneys, CPA’s and Former IRS Agents.
We have over 205 years of professional tax experience and over 60 years working directly for the IRS in the local, district and regional IRS offices.
We are IRS tax experts in all Expatriate Tax Problems.
Christian Tax Help – How do you discern godly counsel?
Psalm 37:30 The godly offer good counsel, they know what is right from wrong.
If you need to file a income tax return or have to file back taxes for unfiled years call us today for a free tax consultation.
Should you owe back taxes we can work out a tax settlement called the offer in compromise.
We will give you good solid Biblical Advice.
We are on Christian Radio and you can hear us on Grace FM and fully support REACH FM.
Penalty imposed for not filing expatriation form – Penalty for Non Filing
Anyone who has expatriated or terminated his U.S. residency status must file Form 8854.
Form 8854 must also be filed to comply with the annual information reporting requirements of Internal Revenue Code section 6039G, if the person is subject to tax under Section 877 of the Code. A $10,000 penalty may be imposed for failure to file Form 8854 when required.
IRS is sending notices to expatriates that have not complied with the Form 8854 requirements, including the imposition of the $10,000 penalty where appropriate.
The Instructions for Form 8854 (PDF) provide details about the filing requirements, related definitions and line-by-line instructions for completing the form. Failure to file or not including all the information required by the form or including incorrect information could lead to a penalty.
If this has happened to you and you need to get penalties and interest abated or removed call us today to see if you have reasonable cause to abate the penalties and interest.
Christian Tax Help – Expatriates Tax Problems – Tax Returns, Settlements – Tax Attorneys, CPAs, Former IRS
by Fresh Start Tax | Jun 5, 2012 | Back Taxes, IRS Tax Debt, IRS Tax Problem, Offer in Compromise, Tax Lawyer
IRS Tax Preparation – Former IRS – Owe Back Taxes – Ft.Lauderdale, Miami, Palm Beaches 954-492-0088
Call us today and speak directly to tax attorneys, CPAs, and former IRS agents, managers and instructors.
We over 206 years professional tax experience in over 60 years of working directly in the local South Florida IRS offices.
Call us for free tax consultation today.
Not filed Back Tax Returns. ( Tax Preparation )
If you have not filed tax returns and it is starting to be a headache call us today to get back into the system worry free.
The IRS is getting much more aggressive in there approach to get unfiled, past due, late or back tax returns because of the debt the U.S. is currently facing. IRS wants the tax returns filed and the money paid.
South Florida is an easy target for the IRS because of the transient nature of the economy and many of the programs IRS will begin to initiate will be centered right here in South Florida.
An inside source from the IRS said that the IRS will start employing the use of the TDI ( Taxpayer Delinquent Investigations ) to start notifying taxpayers of the overdue or delinquent tax returns.
Fresh Start Tax LLC is one of the premier firms in South Florida in dealing with non-filers and tax debt settlements. ( offers in compromise )
We can file all back taxes and work out a tax debt settlement.
Being comprised of Former IRS agents, managers and instructors, we have a unique edge in the total case management of taxpayers with filing and owing back taxes. We know the system inside and out. We taught the system at the IRS.
Fresh Start Tax LLC has successfully processed thousands of taxpayer cases through the system getting them back into the good graces of the IRS.
Taxpayers do not need to be worried. Former IRS Agents know the system so well these cases get back into the system and the taxpayer will usually suffer no loss what so ever. Peace of mind comes quick.
If you have unfiled, past due, back, late delinquent tax returns and you want to have instant peace of mind, call us today.
We will file a power of attorney with the IRS so you will never have to speak to the IRS.
We will get all the information to prepare your tax returns and workout a tax settlement with the IRS.
Stop worrying, call Fresh Start Tax LLC today.
We are comprised of tax attorneys, CPA’s and Former IRS Agents.
We can also release any IRS levy or wage garnishments.
IRS Tax Preparation – Former IRS – Owe Back Taxes – Ft.Lauderdale, Miami, Palm Beaches, South Florida
by Fresh Start Tax | Jun 4, 2012 | Back Taxes, Income Tax Preparation, IRS Tax Debt, IRS Tax Problem, Tax Returns, Tax Settlements
Unfiled, Back Tax, Past Due Tax Returns – How to file and settle with the IRS – Former IRS Agents can save you money 1-866-700-1040
There are millions of taxpayers with unfiled, past due, and back tax returns. The figures of unfiled, past due or back tax returns are close to 20 million non filers and maybe more.
What is unusual about this number is the fact that many of these taxpayers actually want to get back in the system but are afraid to and do not know how to do that without the ire of the IRS and the fear associated with that.
Our firm, Fresh Start Tax LLC specializes in this process and want to explain the process. It is much easier than you think.
IRS is not always the beast they are made out to be.
The filing of the unfiled, back or past due tax returns.
The first part of the process is getting your tax records together. The majority of those taxpayers in this position of unfiled, past due, late, or back tax returns do not have their information to prepare their tax returns. They have been lost, they have moved and they are poor record keepers.
IRS keeps on file the last seven years worth of income information. A simple request can be made to the Internal Revenue Service to receive income information. That is a starting point and from there most taxpayers can simply reconstruct their expenses.
Most professional preparers can easily aid and assist the clients/taxpayers once they have received the income source information. Building the expenses part is relatively simple.After preparing thousands of tax returns a solid tax professional should have no problem in tax reconstruction.
A Key Point.
Being a former IRS agent it is very important to remember when you are preparing these unfiled, back or past due tax returns that the returns must make sense.
A good standard or bar that I used as a former agent was the fact that 4 things had to match up and make sense;
1. Tax Return
2. A financial statement
3. Bank Statements
4. Cost of living for the area the taxpayer was living.
In a nut shell, the taxpayers living expenses should be reflected in the bank deposits on a financial statement and the total income explain on the Adjust Gross Income on a tax return.
The Settlement with the IRS.
The IRS has a new program they are currently administering called the Fresh Start Initiative or Program.
To settle your tax debt case with the IRS, the Service will look at two primary factors. Income and assets.
IRS will conduct a thorough investigation after a form 433 OIC is filed with the IRS.
I do not recommend anyone file a offer in compromise without professional help. I have worked offers in compromise for over 38 years . It is an art and a professional talent to get an offer accepted.
However for those do it your selfers out there, IRS will want the value of roughly 90% of your assets and and excess income over the national standard. IRS uses a multiplier of either 12 or 24 depending in the settlement structure.
Call us today and learn more about IRS tax debt settlements.
We are compromised of Board Certified Tax Attorneys, CPA’s and Former IRS Agents.
Call us at 1-866-700-1040
Unfiled, Back Tax, Past Due Tax Returns – How to file and settle with the IRS – Former IRS Agents can save you money
by Fresh Start Tax | May 3, 2012 | IRS Tax Problem, Owe Payroll Taxes, Tax Lawyer, Tax News
941 payroll taxes, change is here!!!!
If you have payroll tax issues call us today to work out tax settlement. Former IRS agents know the effective tax strategies.
New Tax Legislation for Payroll Tax signed into Law.
This is Great News and a long time coming. finally some middle class tax relief coming our way.
This past Feb. 22, President Barack Obama finally signed into law the Middle Class Tax Relief and Job Creation Act of 2012, H.R. 3630.
On Feb. 23, the IRS released a revised Form 941, Employer’s Quarterly Federal Tax Return, to reflect the extended payroll tax cut. I never thought i would live too see the day.
This act extends the 4.2% rate for the employee portion of Social Security Tax through the end of 2012.
It also extends certain unemployment benefits and blocks a cut in Medicare Payments to doctors. This act also repeals earlier-enacted shifts in the timing of corporate estimated tax payments.
The act raises revenue through an auction of the spectrum of public airwaves, currently reserved for television, to allow for more wireless Internet systems.
A 2% recapture tax enacted in the December legislation that extended the payroll tax cut through Feb. 29, which effectively capped the amount of wages eligible for the payroll tax cut at $18,350, was also repealed by the act.
If you need to have questions answered or have any IRS tax issues call our team of Tax Attorneys, CPA’s of Former IRS Agents.