by Fresh Start Tax | May 30, 2013 | Tax Help
Tax Relief – South Florida 954-492-0088
We are a local South Florida tax from that specializes in IRS tax relief.
We are comprised of tax attorneys, tax lawyers, certified public accountants, in former IRS agents, managers, and tax instructors.
Our former IRS agents worked out of the local South Florida IRS offices for a combined 60 years. While at the Internal Revenue Service we were managers, supervisors and taught tax law the new IRS agents.
As a result of our years of experience at the Internal Revenue Service, we know all the protocols, all the procedures, all settlements strategies, and all the various tax options to get you immediate and permanent tax relief.
We’ve been practicing right here in South Florida since 1982 and we are A+ rated by the Better Business Bureau.
Please contact us today for a free initial tax consultation so we can review with you the various solutions to completely solve your IRS problems.
We are fast and we are affordable.
Tax Relief from the IRS
In its latest effort to help struggling taxpayers, the Internal Revenue Service announced a series of new steps to help people get a fresh start with their tax liabilities.
The goal is to help individuals and small businesses meet their tax obligations, without adding unnecessary burden to taxpayers.
Specifically, the IRS is announcing new policies and programs to help taxpayers pay back taxes and avoid tax liens.
This announcement centers on the IRS making important changes to its lien filing practices that will lessen the negative impact on taxpayers.
The changes include:
- Significantly increasing the dollar threshold when liens are generally issued, resulting in fewer tax liens.
- Making it easier for taxpayers to obtain lien withdrawals after paying a tax bill.
- Withdrawing liens in most cases where a taxpayer enters into a Direct Debit Installment Agreement.
- Creating easier access to Installment Agreements for more struggling small businesses.
- Expanding a streamlined Offer in Compromise program to cover more taxpayers.
Tax Lien Thresholds
The IRS will significantly increase the dollar thresholds when liens are generally filed. The new dollar amount is in keeping with inflationary changes since the number was last revised.
Currently, liens are automatically filed at certain dollar levels for people with past-due balances.
The IRS plans to review the results and impact of the lien threshold change in about a year.
A federal tax lien gives the IRS a legal claim to a taxpayer’s property for the amount of an unpaid tax debt. Filing a Notice of Federal Tax Lien is necessary to establish priority rights against certain other creditors.
Usually the government is not the only creditor to whom the taxpayer owes money.
A lien informs the public that the U.S. government has a claim against all property, and any rights to property, of the taxpayer. This includes property owned at the time the notice of lien is filed and any acquired thereafter.
A lien can affect a taxpayer’s credit rating, so it is critical to arrange the payment of taxes as quickly as possible.
Tax Relief – Tax Lien Withdrawals
The IRS will also modify procedures that will make it easier for taxpayers to obtain lien withdrawals.
Liens will now be withdrawn once full payment of taxes is made if the taxpayer requests it. The IRS has determined that this approach is in the best interest of the government.
In order to speed the withdrawal process, the IRS will also streamline its internal procedures to allow collection personnel to withdraw the liens.
Tax Relief – Direct Debit Installment Agreements and Liens
The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement (DDIA). For taxpayers with unpaid assessments of $25,000 or less, the IRS will now allow lien withdrawals under several scenarios:
Lien withdrawals for taxpayers entering into a Direct Debit Installment Agreement.
The IRS will withdraw a lien if a taxpayer on a regular Installment Agreement converts to a Direct Debit Installment Agreement.
The IRS will also withdraw liens on existing Direct Debit Installment agreements upon taxpayer request.
Liens will be withdrawn after a probationary period demonstrating that direct debit payments will be honored.
In addition, this lowers user fees and saves the government money from mailing monthly payment notices. Taxpayers can use the Online Payment Agreement application on IRS.gov to set-up with Direct Debit Installment Agreements.
Tax Relief – Installment Agreements and Small Businesses
The IRS will also make streamlined Installment Agreements available to more small businesses. The payment program will raise the dollar limit to allow additional small businesses to participate.
Small businesses with $25,000 or less in unpaid tax can participate. Currently, only small businesses with under $10,000 in liabilities can participate. Small businesses will have 24 months to pay.
The streamlined Installment Agreements will be available for small businesses that file either as an individual or as a business.
Small businesses with an unpaid assessment balance greater than $25,000 would qualify for the streamlined Installment Agreement if they pay down the balance to $25,000 or less.
Small businesses will need to enroll in a Direct Debit Installment Agreement to participate.
Offers in Compromise
The IRS is also expanding a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
This streamlined OIC is being expanded to allow taxpayers with annual incomes up to $100,000 to participate. In addition, participants must have tax liability of less than $50,000, doubling the current limit of $25,000 or less.
OICs are subject to acceptance based on legal requirements. An offer-in-compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
Generally, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement. The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
IRS – Tax Relief – Attorneys, CPA’s, Former IRS – Ft.Lauderdale, Miami, West Palm Beach
by Fresh Start Tax | May 28, 2013 | Offer in Compromise
Affordable Local IRS Tax Settlement Help 954-492-0088
IRS receives 58,000 tax settlement requests every year and accepts approximately 30% for an average of $.14 on a dollar.
It should be noted that every case is separate and unique and is based completely on your current financial statement. The financial statement that will be required to turn into the Internal Revenue Service can be found on our website in his form 433-OIC and tax form 656.
As a former IRS agent I have worked hundreds of offers in compromise/IRS tax settlements and I understand the exact process, the exact system, and the exact protocol that needs to be observed with submitting an offer compromise to the Internal Revenue Service.
No taxpayer should submit an offer in compromise/IRS Tax Settlement or an IRS tax settlement to the Internal Revenue Service until they complete the pre-qualifier tool that you will find that our website.
Contact us today for free initial consultation and you can speak directly of tax attorneys, certified public accountants, or former IRS agents, managers and tax instructors.
We have an A+ rating by the Better Business Bureau and have been in private practice since 1982.
You can call us for an initial consultation or come by and visit our tax offices today.
We are a local South Florida tax firm that specializes in IRS tax settlements. on staff is a former IRS agent who actually worked the offer in compromise program in the local South Florida IRS offices.
The IRS has initiated the new fresh start program or the fresh start initiative to help more taxpayers successfully walk through the offer in compromise program thus settling their case with the Internal Revenue Service.
You will find below some of the changes made to the IRS tax settlement or the offer in compromise.
As a side note, be aware that you will need to fully document your financial statement along with all bank statements, pay-stub’s and verification of all expenses. IRS will conduct a six months to a year of a back review and make sure all documentation completely matches up to your financial statement.
The IRS will spend at least 20 hours working on a IRS settlement or an offer in compromise.
It is absolutely important that you provide accurate and honest information to the federal government. If you’re offer in compromise or IRS settlement is accepted , it will be a matter of public record at the regional tax offices for one year.
Tax information for the IRS Tax Settlement
The IRS has expanded its “Fresh Start” initiative by offering more flexible terms to its Offer-in-Compromise Program.
These newest rules enable some financially distressed taxpayers to clear up their tax problems even quicker.
An offer-in-compromise (OIC) is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed. An OIC is generally not accepted if the IRS believes the liability can be paid in full as a lump sum or through a payment agreement. The IRS looks at the taxpayer’s income and assets to determine the reasonable collection potential.
This expansion of the “Fresh Start” initiative focuses on the financial analysis used to determine which taxpayers qualify for an OIC.
Here are the OIC/IRS Tax Settlements changes:
Revising the calculation for a taxpayer’s future income The IRS will now look at only one year (instead of four years) of future income for offers paid in five or fewer months; and two years (instead of five years) of future income for offers paid in six to 24 months.
All OICs must be paid in full within 24 months of the date the offer is accepted.
Allowing taxpayers to repay their student loans Minimum payments on student loans guaranteed by the federal government will be allowed for the taxpayer’s post-high school education. Proof of payment must be provided.
Allowing taxpayers to pay state and local delinquent taxes When a taxpayer owes delinquent federal and state or local taxes, and does not have the ability to fully pay the liabilities, monthly payments to state taxing authorities may be allowed in certain circumstances.
Expanding the Allowable Living Expense allowance Standard allowances incorporate average expenses for basic necessities for citizens in similar geographic areas. These standards are used when evaluating installment agreement and offer-in-compromise request.
Contact us today for a free evaluation of your case and have a former IRS agent review and analyze your IRS Tax Settlement before you spend any money.
IRS Tax Settlement Help – Affordable Local Attorneys, CPA’s, Former IRS Agents, Ft.Lauderdale, Miami, West Palm
by Fresh Start Tax | May 16, 2013 | Florida Sales Tax
Florida Sales Tax Attorneys, CPA’s- Affordable Sales Tax Experts – Florida Sales Tax Experts 1-866-700-1040
Speak directly to a real Florida sales tax expert!
Contact us today and speak directly to Florida sales tax attorneys, Florida Sales Tax CPAs and a host of other tax professionals that can help you on any state or federal matter that you may be experiencing.
We are one of the highest rated firms for sales tax problems in the state of Florida.
We represent our clients and taxpayers in every city or County in the state of Florida.
We have over 206 years professional tax experience and over 60 years working directly for the Internal Revenue Service and the local, district, and regional tax offices of the IRS.
We are A+ rated by the Better Business Bureau and have been practicing Florida sales tax matters since 1982. We are available for free tax consultation.
Contact us today by office visit, by phone, or by Skype and see how we can get started to take any fear or anxiety you may have in regard to any Florida sales tax issues you may have.
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
Florida Sales Tax Attorneys, CPA’s – Affordable Sales Tax Experts – Florida Sales Tax Experts – Sales Tax Problems
by Fresh Start Tax | May 15, 2013 | Sales Tax, Tax Help
Florida Sales Tax Attorneys, CPA’s,- Affordable Sales Tax Experts – Florida Sales Tax Experts 1-866-700-1040
We are comprised of tax attorneys, certified public accountants, enrolled agents and former IRS agents and managers work tax experts and sales tax matters. With our firm you hire a team not just an individual all for affordable pricing.
We handle all matters in-house for any sales tax issues or problems in the state of Florida. If you owe back taxes for the state of Florida and are undergoing a current sales tax audit contact us today for free initial consultation and hear the truth about your sales tax issue or problem.
We’ve been practicing since 1982 and have an A+ rating by the Better Business Bureau. We have over 206 years of professional tax experience in all our work is done in house by true Florida sales tax experts. We are a full service tax firm.
If you live anywhere in the state of Florida and need a professional tax firm to represent your best interest and save you money because of our expertise during a sales tax audit call us today for a free initial consultation and we can stop the worry and anxiety of the situation. You may speak directly to Florida sales tax attorneys and CPAs calling our firm.
Due to our expertise in the area of Sales Tax we can assure that you will pay the lowest amount of Florida sales tax allowed by law and should you not be able to pay all the taxes we can work out an affordable tax settlement with the state of Florida Department of revenue.
We can handle sales tax audits and help you for any sales tax situation in any city or county in the state of Florida.
Why More Tax Audits Coming State of Florida
You can expect a Department of revenue in the state of Florida to conduct many more sales tax audits due to its shortfall in revenue in the high volume of businesses and individuals not paying sales tax. This is been a huge problem in the state of Florida for the past few years.
There is an estimate of one fourth of businesses currently falling in the tax gap and not staying current, or being delinquent, or closing shop and taking off without paying sales tax.
We are seeing a higher volume of criminal prosecutions due to the sales tax issues. The last thing you want to do is fall in the hands of a criminal investigator for the State of Florida.
Should that be the case, we have tax attorneys and tax lawyers who are experts in handling all civil and criminal matters.
The most important advice we can get you is to make sure that you are staying current in both your filing and monthly payments to the state of Florida. The Department of revenue finds that you are making every effort to try to stay current in many instances you will find they will offer a great amount of grace.
We are finding that the state of Florida in the Department of revenue is trying to conduct the sales tax audits in real time.
Real time specifically means they want to deal with those not paying their sales tax in the same year the deficiencies are being unpaid.
As a general rule, it takes the state anywhere from 2 to 3 years to catch up on most corporations, businesses or individuals who absconded or not filed sales tax reports with the state of Florida.
Contact us today and we can give you a free tax consultation and review and let you know where you may stand with the sales tax audit with the Department of Florida State of Florida.
We have an A+ rating by the Better Business Bureau I have been practicing right here in South Florida since 1982.
Why Are Taxpayers Audited for Sales Tax in the State of Florida???
It’s not because they love you.
The state of Florida, Department of revenue audits taxpayers to:
- Enforce Florida tax laws uniformly to all businesses .
- Deter Sales tax and criminal tax evasion.
- Promote voluntary compliance.
- Educate taxpayers of Sales Tax Issues
The State of Florida accepts most tax returns as filed however they audit some returns to verify accuracy and evaluate compliance.
Sales Tax Audits do not always result in the taxpayer owing additional tax, penalty or interest.
The auditor may adjust a credit carryover or correct distribution without assessing additional tax. The auditor may even determine that a refund is due.
How did you have the good fortune of being Selected for a Sales Tax Audit in the state of Florida?
The methods for selecting a business or individual to audit vary from tax to tax.
Here are some examples of sources we use to identify a potential audit candidate:
- Internal Revenue Service information.
- Information sharing programs with other states and state agencies.
- Computer-based random selection.
- Analysis of Florida tax return information.
- Business publications, periodicals, journals, and directories.
What Types of Records Will I Need to Provide for the Sales Tax Audit in Florida?
When the State notifies you of our intent to sales tax audit they will also tell you what records you will need to provide.
The types of records may include, but are not limited to:
- General ledgers and journals
- Cash receipt and disbursement journals
- Purchase and sales journals
- Sales tax exemption or resale certificates
What are the Record Keeping required for the State of Florida?
You must keep your records for three years since an audit can extend back that far.
The Department may audit for periods longer than three years if you did not file, or filed a substantially incorrect return or payment.
In the State of Florida, what Are My Taxpayer Rights During an Sales Tax Audit?
The Florida Taxpayer’s Bill of Rights provides protection for taxpayers’ privacy and assets during their interactions with Revenue employees.
Your rights include:
- The right to fair treatment.
- The right to get available information and prompt, accurate responses to your questions.
- The right to have the Department begin and complete its audit in a timely manner after we notify you of our intent to audit.
- The right to get simple, nontechnical statements which explain the reason for audit selection and the procedures, remedies, and rights available during audit, appeals, and collection proceedings.
The Importance of the Sales Tax Audit, Florida Communicating and Meeting Deadlines
Throughout the audit process, communication is vital.
After we send you a Notice of Intent to Audit Books and Records, the auditor will work with you to set a date to begin the audit.
The auditor will give you deadlines for providing information or documentation. If you need additional time to prepare, or need to request a delay for other reasons, contact the auditor.
The auditor usually will make every effort to accommodate your requests.
If you fail to respond or provide the requested information, we may issue an assessment and file a warrant based on the best available information.
Contact us today for a fair and full evaluation of your Florida sales tax problem.
We are comprised of Florida sales tax attorneys, Florida sales tax CPAs and former IRS agents and managers who are experts in Florida sales tax issues and the resolution of tax problems.
Florida Sales Tax Attorneys, CPA’s – Affordable Sales Tax Experts – Florida Sales Tax Experts
by Fresh Start Tax | May 15, 2013 | Sales Tax
Sales Tax Audits Help – Affordable Florida Sales Tax Experts, Attorneys, CPAs, Former Agents – State of Florida Sales Tax
If you live anywhere in the state of Florida and need a professional tax firm to represent your best interest and save you money because of our expertise during a sales tax audit call us today for a free initial consultation and we can stop the worry and anxiety of the situation.
We have had handled hundreds and hundreds of these Sales Tax Audits matters and are true sales tax experts. We can help you for the entire process including appeals if necessary.
We can handle sales tax audits and help you for any sales tax situation in any city or county in the state of Florida.
More Tax Audits Coming State of Florida
You can expect a Department of revenue in the state of Florida to conduct many more sales tax audits due to its shortfall in revenue in the high volume of businesses and individuals not paying sales tax.
There is an estimate of one fourth of businesses currently falling in the tax gap and not staying current, or being delinquent, or closing shop and taking off without paying sales tax. We are seeing a higher volume of criminal prosecutions due to the sales tax issues.
We are finding that the state of Florida in the Department of revenue is trying to conduct the sales tax audits in real time.
Real time specifically means they want to deal with those not paying their sales tax in the same year the deficiencies are being unpaid.
As a general rule takes the state anywhere from 2 to 3 years to catch up on most corporations, businesses or individuals who absconded or not filed sales tax reports with the state of Florida.
Contact us today and we can give you a free tax consultation and review and let you know where you may stand with the sales tax audit with the Department of Florida State of Florida.
We have over 206 years of professional tax experience and have over 60 years of working directly for the government agencies.
We are comprised of tax attorneys, tax lawyers, certified public accountants, enrolled agents and former IRS audit managers.
We have an A+ rating by the Better Business Bureau I have been practicing right here in South Florida since 1982.
Why you get a Sales Tax Audit from the State of Florida, Department of Revenue
Why Are Taxpayers Audited for Sales Tax in the State of Florida.
The state of Florida, Department of revenue audits taxpayers to:
- Enforce Florida tax laws uniformly.
- Deter tax evasion.
- Promote voluntary compliance.
- Educate taxpayers.
The State of Florida accepts most tax returns as filed however they audit some returns to verify accuracy and evaluate compliance.
Sales Tax Audits do not always result in the taxpayer owing additional tax, penalty or interest.
The auditor may adjust a credit carryover or correct distribution without assessing additional tax. The auditor may even determine that a refund is due.
How Are Taxpayers Selected for a Sales Tax Audit in the state of Florida?
The methods for selecting a business or individual to audit vary from tax to tax. Here are some examples of sources we use to identify a potential audit candidate:
- Internal Revenue Service information.
- Information sharing programs with other states and state agencies.
- Computer-based random selection.
- Analysis of Florida tax return information.
- Business publications, periodicals, journals, and directories.
What Types of Records Will I Need to Provide for the Sales Tax Audit in Florida?
When the State notifies you of our intent to sales tax audit they will also tell you what records you will need to provide.
- The types of records may include, but are not limited to:
- General ledgers and journals
- Cash receipt and disbursement journals
- Purchase and sales journals
- Sales tax exemption or resale certificates
- Florida tax returns
- Federal tax returns
- Depreciation schedules
- Property records (not limited to Florida area )
Record Keeping required for the State of Florida
You must keep your records for three years since an audit can extend back that far.
The Department may audit for periods longer than three years if you did not file, or filed a substantially incorrect return or payment.
In the State of Florida, what Are My Rights During an Sales Tax Audit?
The Florida Taxpayer’s Bill of Rights provides protection for taxpayers’ privacy and assets during their interactions with Revenue employees.
Your rights include:
- The right to fair treatment.
- The right to get available information and prompt, accurate responses to your questions.
- The right to have the Department begin and complete its audit in a timely manner after we notify you of our intent to audit.
- The right to get simple, nontechnical statements which explain the reason for audit selection and the procedures, remedies, and rights available during audit, appeals, and collection proceedings.
Very Important to Sales Tax Audit, Florida Communicating and Meeting Deadlines
Throughout the audit process, communication is vital.
After we send you a Notice of Intent to Audit Books and Records, the auditor will work with you to set a date to begin the audit.
The auditor will give you deadlines for providing information or documentation. If you need additional time to prepare, or need to request a delay for other reasons, contact the auditor.
The auditor usually will make every effort to accommodate your requests.
If you fail to respond or provide the requested information, we may issue an assessment and file a warrant based on the best available information.
If you live in the state of Florida contact us today if you are undergoing a sales tax audit. We are comprised of attorneys, CPAs and former agents. We handle sales tax audits in every county and city in the state of Florida.
We have been practicing sales-tax representation since 1982 in are A+ rated by the Better Business Bureau.
We believe in fair and honest pricing to all our clients.
Sales Tax Audits Help – Affordable Florida Sales Tax Experts, Attorneys, CPAs, Former Agents – State of Florida Sales Tax
