by Fresh Start Tax | Dec 29, 2012 | Income Tax Preparation, Tax Help, Uncategorized
Income Tax Preparation – IRS Tax Audit Defense – Former IRS Agents, Managers – Broward, Dade, Palm Beach County 954-492-0088
We are comprised of Former IRS Agents, Managers and Instructors that can prepare help audit proof your tax return.
We have over 60 years of direct work experience with the IRs in the local South Florida IRS offices. We have been Agents, Managers , Appeals Agents and Instructors.
We also taught Tax Law at the IRS. We are one of South Florida’s most experienced tax firms.
We also handle all State Tax Matters as well. All work is done in house.
We have prepared thousands of Income, Business and Corporate Income Tax Returns. Not only have we prepared those tax returns we have also audited those tax returns as Former IRS agents and Appeals Officers.
Come by or visit our offices so you can met us. We will review all prior years returns for accuracy and offer suggestions on how to save valuable tax dollars in the future.
We set up a tax and or business tax plan with all our clients.
We are one of South Florida’s highest rated firms with a A plus rating from the Better Business Bureau with tracks business over the past 7 years.
We are Affordable, Experienced and Trustworthy
All work is done in-house from tax professionals
- A full service tax firm including all personal and business tax returns
- Quality review by two Tax Experts
- Complete audit support
- Tax and financial planning
- Ethical and high moral fiber
- Face to face meeting with all clients
Our Company Resume: ( Serving South Florida 1982 )
- Our staff has over 135 years of professional tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, Certified Public Accountants, Enrolled Agents,
- Former IRS Managers, Instructors and Trainers
- Highest Rating by the Better Business Bureau “A”
- Extremely ethical and moral
- Fast, affordable, and economical
- Premium on client communication
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
When you do business with us, you’ll always have our strongest commitment to:
- Provide you with quality work in a timely manner, no matter how large or small the task.
- Offer you a level of service that exceeds your expectations, whether you’re looking for a copy of a single tax return or an income tax audit.
- Value the trust you place in us, with our promise that we’ll work hard to earn your trust and your business every single day.
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 if Tax Records are lost or destroyed
Income Tax Preparation – IRS Tax Audit Defense – Former IRS Agents, Managers – Broward, Dade, Palm Beach County
by Fresh Start Tax | Dec 29, 2012 | Tax Relief
Tax Debt Relief Company – Tax Relief Specialists – Attorneys, Former IRS Broward, Dade, Palm Beach County – Tax Experts 954-492-0088
Call us for a no cost professional tax consultation and stop the worry today. We have worked and resolved thousands of cases right here in South Florida since 1982. 954-492-0088
We are one of the highest rated tax debt relief firms not only in South Florida but the country. We have a A plus rating by the Better Business Bureau.
We are comprised of Tax Attorneys, Lawyers, CPA’s and Former IRS Agents.
We worked in the local South Florida IRS offices as well as the district and regional offices. We have over 60 years of combined experienced.We worked as managers , instructors and trainers as well as teaching Tax Law at the IRS.
We will go over all the different tax policies and tax procedures to completely and permanently resolve your tax debt.
Relief of IRS Tax Debt
IRS basically resolves tax debt in 3 ways.
After the IRS reviews and verifies your current financial statement and current state of affairs IRS will request all the document to verify the creditability of your information.
After that carefully review the IRS will recommend one of the three following tax relief programs:
1. Apply for a Tax Hardship Status,
2. Start making payments to the IRS via a installment plan,
3. Filing of an Offer in Compromise.
The Detailed information of a Offer in Compromise
An offer in compromise is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed.
IRS will not accept an Offer unless the amount offered by the taxpayer is equal to or greater than the reasonable collection potential. The RCP is usually based on Assets and monthly income.
The RCP is how the IRS measures the taxpayer’s ability to pay.
The RCP includes the value that can be realized from the taxpayer’s assets, such as real property, automobiles, bank accounts, IRA’s, Pension Plans and other property that has equity.
In addition to property, the RCP also includes anticipated future income, less certain amounts allowed for basic living expenses per National Standards Charts.
The IRS may accept an OIC based on three grounds.
1. Acceptance is permitted if there is doubt as to liability. This ground is only met when genuine doubt exists that the IRS has correctly determined the amount owed.
2. Acceptance is permitted if there is doubt that the amount owed is collectible. This means that doubt exists in any case where the taxpayer’s assets and income are less than the full amount of the tax liability.
3. Acceptance is permitted based on effective tax administration. An offer may be accepted based on effective tax administration when there is no doubt that the full amount owed can be collected, but requiring payment in full would either create an economic hardship or would be unfair and inequitable because of exceptional circumstances.
Different types of payment to the IRS for tax debt settlements – Offers
Taxpayers may choose to pay the offer amount in a lump sum or in installment payments. The tax law provides rules for “lump sum offers” and “periodic payment offers” submitted on or after July 16, 2006.
A lump sum offer is defined as an offer payable in 5 or fewer installments. If a taxpayer submits a lump sum offer, the taxpayer must include with the Form 656 a nonrefundable payment equal to 20 percent of the offer amount.
This payment to the IRS is required in addition to the $150 application fee.
The 20 percent amount is called “nonrefundable” because it cannot be returned to the taxpayer even if the offer is rejected or returned to the taxpayer without acceptance.
The 20 percent amount will be applied to the your tax liability.
The offer is called a “periodic payment offer” under the tax law if it is payable in 6 or more installments. When submitting a periodic payment offer, the taxpayer must include the first proposed installment payment along with the Form 656.
This payment is required in addition to the $150 application fee.
Non- Refundable
This amount is nonrefundable, just like the 20 percent payment required for a lump sum offer.
While you are in Offer status
While the IRS is evaluating a periodic payment offer, the taxpayer must continue to make the installment payments provided for under the terms of the offer. These amounts are also nonrefundable. These amounts are applied to the tax liabilities and the taxpayer has a right to specify the particular tax liabilities to which the periodic payments will be applied.
Tax Debt Relief Company – Tax Relief Specialists – Attorneys, Former IRS – Broward, Dade, Palm Beach County – Tax Experts
by Fresh Start Tax | Aug 31, 2012 | Income Tax Preparation, Tax Lawyer
There is many excellent income tax preparation tax firms in South Florida especially in Dade, Palm, and Broward County.
Fresh Start Tax LLC is one of those tax firms because of our care, excellence, and affordability.
We are “A” plus rated and without compliant.
Why choose Fresh Start Tax L.L.C.
1. We are comprised of Former IRS Agents with over 60 years of direct IRS experience in the local South Florida offices.
2. Our former IRS Agents were also teaching Instructors and Managers with the IRS.
3. We have prepared thousands of tax returns since 1982 all without audit if possible.
4. All tax returns are prepared and reviewed by two tax professionals for accuracy and making sure we got the most out of every possible tax deductions so you pay the lowest amount allowed by law.
5. We are affordable and assessable.
6. Also have on staff Board Certified Tax Attorneys and CPA’s.
7. We audit proof all tax returns to make sure your tax return gets processed without error and without audit.
Newsletter Tip
As part of our newsletter to our clients here are some tax tips for Students and Parents with College Expenses.
Back-to-School Tips for Students and Parents Paying College Expenses
The IRS offers some tips about education tax benefits that can help offset some college costs for students and parents and we need them all.
These benefits apply to you, your spouse or a dependent for whom you claim an exemption on your tax return.
American Opportunity Credit.
This tax credit, originally created under the American Recovery and Reinvestment Act, is still available for 2012.
This tax credit can be up to $2,500 per eligible student and is available for the first four years of post secondary education at an eligible institution. Forty percent of this credit is refundable, which means that you may be able to receive up to $1,000, even if you don’t owe any taxes.
Qualified expenses include:
1.tuition,
2. fees,
3.course related books,
4.supplies and equipment.
Lifetime Learning Tax Credit.
In 2012, you may be able to claim a Lifetime Learning Credit of up to $2,000 for qualified education expenses paid for a student enrolled in eligible educational institution
There is no limit on the number of years you can claim the Lifetime Learning Credit for an eligible student.
You can claim only one type of education credit per student in the same tax year. However, if you pay college expenses for more than one student in the same year, you can choose to take credits on a per-student, per-year basis. For example, you can claim the American Opportunity Credit for one student and the Lifetime Learning Credit for the other student.
For more information call us today for a no cost professional tax consultation. 954-492-0088
Income Tax Preparation, Former IRS Agents , Fresh Start Tax LLC, South Florida , Broward, Dade, Palm Beach County
by steve | Jun 6, 2011 | IRS Tax Advice, Tax News
Dade, Broward County IRS Tax Relief Help – Local Former IRS Agents – Since 1982 954-492-0088
If you are looking for IRS tax relief in the South Florida contact us today for free initial tax consultation.
We are comprised of tax attorneys, certified public accountants, and former IRS agents, managers and tax instructors.
We have been practicing in South Florida since 1982 and have an A+ rating by the Better Business Bureau.
We worked in the South Florida IRS Offices for over 60 years.
We know every aspect of the local Internal Revenue Service we worked in the audit, collections, and appellate divisions.
We know how the IRS Operates, we know their systems, we know their protocols and we know their settlement procedures.
We can help you get resolution on your tax issue.
Let former IRS Agents, Managers and Instructors permanently and immediately settle your IRS tax case.
We are one of the oldest, most trusted and experienced South Florida Tax firms
Areas of Tax Practice:
- Immediate IRS Tax Representation
- Offers in Compromise/ IRS Tax Debt Settlement
- Immediate Release of Bank Garnishments or Wage Levies
- IRS Bill/Notice of “Intent to Levy” or Final Notices
- IRS Tax Audits Small and Large Dollar
- Hardships Cases / Unable to Pay
- Payment Plans, Installment Agreements
- Innocent Spouse Relief
- Abatement of Penalties and Interest
- State Sales Tax Cases
- Payroll/ Trust Fund Penalty Cases
Our Company Resume: ( Since 1982 )
- Our staff has over 163 years of professional IRS tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Former IRS Managers, Instructors and Trainers
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed to practice in all 50 States
- Certified by the Internal Revenue Service
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
- As heard on 90.3 FM Monthly Radio Show-Business Weekly
How we work your case to immediately resolve your IRS problem and get you immediate and permanent tax relief:
1. We immediately send a power of attorney ( POA ) to the IRS letting them know we are now your tax representative. You will never speak to the IRS. We handle everything.
2. We will make sure your tax returns are filed and current. If your tax returns are not up to date, IRS will refuse to work your case. This is leverage that the IRS uses to get you compliant. Lost tax records, no problem. We can pull tax transcripts, file and prepare your tax returns within days.
3. IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. IRS will require a closing settlement method for each case.
IRS Settlement Agreements/ Tax Debt Programs can be in different forms:
a. Hardship Settlements.
Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements.
Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs IRS uses to find you the lowest possible amount required.
c. Offer in Compromise /IRS Settlements / Tax Debt Settlement Programs.
There are three types of OICs:
The IRS may accept an Offer in Compromise based on three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
Call us for a free tax consultation. Free video conferencing is also available.
Dade, Broward County – IRS Tax Relief Help – Local Former IRS Agents – Since 1982
by steve | Mar 14, 2011 | IRS Tax Advice, Tax News
Affordable Fresh Start Tax “A” Plus Rated by the BBB
We are a Expert Professional Tax Firm specializing in IRS Tax Audits.
We are former IRS Agents and Managers who worked out of the South Florida IRS Offices for over 60 years.
Come in and meet the professional face to face.
Hire a former South Florida IRS Tax Audit Manager!
Last year, over 140 million taxpayers filed income tax returns. Facts and figures regarding IRS Tax Audits
- The National Audit Rate was 1.1%
- IRS conducted over 342,000 field and office audits
- There were 1.2 million IRS/Letter correspondence audits
You will directly work with a former veteran IRS Agent! We are one of the most experienced and trusted tax firms in South Florida.
Why hire Fresh Start Tax L.L.C. We tell you the truth!
1. Fresh Start Tax, LLC is a local Florida Tax Firm whose principles have been practicing Tax Law and IRS Representation in Florida since 1982.
2. On staff are Board Certified Tax Attorneys, CPA’s and former IRS Agents, Managers and former IRS Tax Instructors- Worked for IRS over 25 years.
3. Former IRS Agents, Managers and Instructors will manage, review, represent and settle your tax case for the best possible settlement.
4. We are one of most experienced and trusted Professional Tax Firms in Florida with over 140 years of professional tax experience.
5. We have an “A” Rating from the Better Business Bureau.
Our Company Resume: ( Since 1982 )
- Our staff has over 140 years of professional tax representation experience collectively
- On staff, Board Certified Tax Attorney’s, Certified Public Accountants, Enrolled Agents,
- Former IRS Managers, Instructors and Trainers
- Highest Rating by the Better Business Bureau “A”
- Extremely ethical and moral
- Fast, affordable, and economical
- Licensed to practice in all 50 States
- Premium on client communication
- Nationally Recognized Veteran Former IRS Agent
- Nationally Recognized Published Tax Expert
- As heard on 90.3 FM Monthly Radio Show, You and the IRS
