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Chattanooga, Kingsport, Johnson City, Bristol + Christian Help, IRS Tax Problems + Back Tax Filing, Notices, Tax Liens, Tax Levies, IRS Settlements, Representation

by | Jan 3, 2019 | Tax Help

 

Fresh Start Tax

 

We are an Affordable Christian Tax Firm that specializes in IRS tax debt relief help. We are true experts when it comes to IRS and state tax help.<><

 

Proverbs 12:15

The way of a fool is right in his own eyes, but a wise man listens to advice.

Proverbs 11:14

Where there is no guidance, a people falls, but in an abundance of counselors there is safety.

 

We have 200 years of professional tax experience in over 100 years of working directly for the Internal Revenue Service as agents, supervisors, managers, teaching instructors, appeals experts, and all facets of the internal workings with the Internal Revenue Service. We are available for free initial tax consultations.

Depending on your situation we match you up with the person that can help you best that has the most experience in the issue that you are having.

We are a full-service tax firm. we can represent you in any matter that you need help with if you are fighting the Internal Revenue Service.

 

Never be bullied by the IRS.

 

We can file all back taxes, deal with any IRS notice or letters experiencing, maybe a federal tax lien, received a notice of levy, or you have a nasty gram from IRS saying you’re going to be audited, we can provide the best possible effective tax representation due to our years of experience in successful client representation.

As a former IRS agent I taught out of the regional tax offices at the Atlanta service center.

We are one of the most elite and premier firms in the tax debt relief industry.

We provide fast, affordable and the results taxpayers are expecting based on their current financial situation because we know all the methodologies behind how IRS works all cases.

Feel free to ask us about our Christian faith when you call.

 

When I was employed by the Internal Revenue Service I work the offer in compromise program.

There are three general programs to settle your tax debt, the offer in compromise, the payment agreement and the hardship program but before IRS accepts any of these programs you must have all your tax returns filed and up-to-date.

 

As a general rule, the IRS looks at your current financial statement to determine what status they will close out your case off the enforcement computer.

Some taxpayers can qualify for an online payment agreement and when you call for your free initial consultation we will let you know if you qualify.

Approximately 6.5 million taxpayers are put into qualified payment agreements every year while 45% of all open collection cases wind up in a hardship, or currently uncollectible. Approximately 32,000 people year settle their tax debt for approximately $9500.

When you call our office we will review the various programs and find out what program you qualify for based on your current financial condition.

We can prepare all back tax returns with or without records get them on the IRS computer and settle your tax debt all at the same time. Remember, all your tax returns must be filed before Internal Revenue Service will officially close your case.

As a result, we know all the inside secrets the methodologies and all the back tax programs to settle back taxes available.

Not only did I accept and reject offers in compromise, I was also a teaching instructor at the service center to help qualified revenue officers decide which offers to accept and reject.

Given the above information, I can tell you I am a true expert for the IRS offer in compromise and I wish to explain to you whether an offer in compromise is a viable option for you.

Due to social media, marketing and advertising the assumption by the general public is that IRS can settle tax debt for pennies on the dollar. While this is true I ask you to use caution.

Let me first let you know that IRS does accept offers in compromise and as a matter of fact last year approximately 32,000 offers in compromise were accepted out of the 78,000 that were filed. That number varies from year to year but the percentages usually remain the same of acceptability.

The average settlement was $9500 per case but remember that is just an average in not everybody can settle their tax debt for $9500. You should know that IRS has a pre-qualifier tool to walk you through their program to see if you qualify for an offer for a compromise.

There is much information you need to know before you go off filing an offer of compromise and giving your money to some firm to try to pull off some amazing trick because you have been sold a bill of goods and bought in to some marketing ploy and they’ve convinced you are a settlement candidate.

 

The IRS Process: to understand the process is to have success.

 

It first starts with the review of your personal financial statement which is found on the 433 OIC.

When the offer in compromise gets sent in to the Internal Revenue Service it is met with the reviewer that make sure that you are truly qualified candidate for the offer in compromise program.

That reviewer checks the completed form to make sure it is a valid agreement. The offer in compromise is a legal document between you and the Internal Revenue Service.

If IRS were to accept the offer and the next day you win the lottery the accepted offer still stands.

Also reviewer make sure that all the documentation is attached so that the revenue officer who will work your offer in compromise can move forward.

Approximately one-third of all offers in compromise are sent back to the taxpayer because the offers are not filled out correctly or the appropriate documentation is not attached.

IRS will check to make sure all your tax returns are current and filed on the IRS system.It is critically important you know that you must have all tax returns filed before IRS will process your offer.

You should know that the Internal Revenue Service rejects an offer before it accepts an offer.

One of the basic rules is that the revenue officer is lazy and is easier to mark rejected then they go through all the work of accepting an offer in compromise.

I should know this is a former instructor of the offer in compromise I see many revenue officers simply send offers back because some of the eyes were not dotted in the T’s were not crossed.

Due to the volume of cases the IRS has, which is over 7500 cases waiting in the IRS Q, is far easier for the IRS to say no then to accept because an average of anywhere between 20 and 40 hours are spent on accepting the offer in compromise.

If you have an offer in compromise accepted, four signatures are generally required for signature as it goes up and down the chain.

So how do you know if the offer in compromise is right for you. Call for a free initial tax consultation and hear the truth from a true IRS tax debt settlement former agent.

The first place to go is to fill out the IRS pre-qualifier tool for the offer in compromise. Because of so many scrupulous tax companies that have been ripping people off, the IRS wanted to make sure the general public has a tool that they can use to find out if they are prequalified to file the offer in compromise to make sure it is a viable option.

It contains all the necessary information in regard to your income, your expenses and your assets and it predetermined for you whether the offer in compromise is even a viable option for you.

IRS will take a very close look at the liquidity of your assets, your current income, and your monthly expenses before it renders a decision as IRS wants to make sure it collects all the money from you that they can within the 10 year statutory period of time. the statutory period of time can be  extended by the filing of the offer, CDP, a formal waiver, or a bankruptcy.

One of the questions the agent will want to consider is, can we collect more money over 10 years than accept the current agreement on the table for the IRS offer in compromise.

As a general rule, you will have to give IRS your total liquidity of all your assets before they will even consider the acceptance of an offer in compromise. Since IRS has the right to seize all assets it cannot accept any less than full value of your total liquidity.

IRS on larger dollar cases is a tremendous amount of due diligence. The IRS has a wealth of information on the various computers they can use to dig and find assets or income.

Why? you may ask is because all offers in compromise are open for public inspections at eight regional offices throughout the United States.

Your offer in compromise must be thoroughly documented which includes all your bank statements for the last six months to a year, all your pay stubs, all your monthly expenses along with certain documentation for assets that have value.

IRS also takes a look at the values of your pensions, your IRA, your business as well. There is no asset exempt that IRS will not place a value on. Basically, everything is in play. IRS wants total liquidation value.

The offer in compromise is one of the most reviewed documents, it is like going through a mini audit.

Some of the due diligence that IRS will conduct on a larger dollar cases is checking Google, the accurate search engine, Department of Motor Vehicles, real estate records, insurance policies, credit reports, loan applications, insurance policies, and inter-government agency records including those garnered by Homeland security and other such agencies.

Before you contemplate filing the offer in compromise and wasting your money on a company that has promised you they can settle your case for pennies on the dollar, you would be wise to give us a call to have an actual former IRS agent and teaching instructor of the offer in compromise give you the green light.

You should also know if an offer in compromise is not except that you have the right to appeal it and if the appeal is not accepted you can file an offer at a later time.

When you call our office you will speak to true IRS tax experts who knows the system and can tell you what to expect and tell you how to settle for the lowest amount possible.

When you call our office will review every single back tax program available, and generally there’s three the hardship program the payment agreement program and the most popular back tax program the offer in compromise which completely settles your IRS tax debt but you must be a candidate that fits the IRS criteria.

Call us today for a free initial tax consultation, you will hear nothing but the truth from former IRS agents who know and understand the methodologies of the offer in compromise to make sure it is right for you.

Please feel free to ask us about our faith when you call.

 

Christian Help for IRS Tax Problems + Back Tax Filing, Notices, Tax Liens, Tax Levies, IRS Audits, Representation + Christian Tax Services Company

The IRS Collection Process

by | Jun 3, 2010 | IRS Tax Advice, Tax News

What is the IRS process to collect tax
Once IRS has a valid tax return in hand IRS take that tax return and inputs into the” CADE” system of Internal Revenue Service and creates a valid notice of assessment. That creates the ” date of assessment. That assessment is known as the TC 150 date.
IRS then sends out a series of Notices and Letters that start from a first tax notice or bill, CP14, until the final notice of intent to levy, CP 504. This process takes about 4 months. The following is a list of most common notices or letters you may receive from the Internal Revenue Service regarding the tax process.
Notices and Letters you may receive from the IRS
* CP 14 Your balance due to IRS.
* CP22A Data processing adjustment and the balance is more than $5.
* CP90/CP297 Final Notice Notice of Intent to Levy and Notice of your right to a hearing.
* CP297A Notice of Levy and your right to a hearing.
* CP91/CP298 Final notice before levy on social security benefit.
* CP501 Reminder Notice, balance due IRS.
* CP503 Second IRS notice on balance due.
* CP504 Final Notice balance due.
* CP521 Installment Agreement reminder notice.
* CP523 Default of installment agreement
After these letters and notices have been sent, if these notices have not been responded to, IRS will always send  the CP 504 notice. It will come  by certified mail.Within 6 weeks from the date on that notice of intent to levy letter, federal tax levies, bank garnishments and federal tax liens will but sent out. IRS must always make a final notice and demand and make sure you had an appeals right on all cases within their system.
So what happens when the cases do out to the local field office
After processing thousands of cases as a former IRS agent I am asked, “just what happens to a case when it comes into the local office“. After cases leave the ACS unit and run there normal course in the “automated” system, IRS realizes the computer can do nothing to stir up the environment enough to make the taxpayer contact the IRS regional office, pay the tax, or work out some sort of deal. So the next steps must be taken.
A process of grading takes place on the” collection potential” of each case. Some of the factors are the dollar amounts that are due, the number of tax periods that tax is owed, the type of tax, whether the case qualifies for high dollar, and is this a “repeat” tax offender
.
IRS wants to make sure from a dollar amount the case is worth pursuing. On some cases, it is simply not worth the effort because of IRS thresholds. These are simply left in the collection system and automatic freeze codes are input on these cases. These cases will probably not be worked for some time.
The number of tax periods owed is an important issue because IRS does not want repeat offenders especially those who willfully neglect the process. These are called multiple delinquent accounts.
Payroll tax cases get the” highest priority” because those are the so called trust-fund cases. This was money held in TRUST for the United States government. These cases are the highest priority at the Internal Revenue Service. The repeat offender is a big determining factor if the case is issued to the field. IRS simply adds the score of these major factors and determines whether or not the case is field worthy.
Once a case becomes field worthy is only half of the factor. At that point the case must be evaluated for a particular field office. Because most of the field offices are over loaded with cases, a determination must be made whether the case is ready to be worked or not. The local office agents who work these cases are called, Revenue Officers. They have a case load that is controlled by management and believe it or not the National Treasury Employees Union. The Union makes sure management is fair and does not overload the employees with high inventories. The system works very well and keeps a great check and balance system.
After a Revenue Officer closes a case, the “que” determines what case should be worked next based on the highest score. The group manager then puts that case into the revenues officers inventory and monitors the case until the case is closed. Periodic checks are made to ensure the case is being worked in the manner and format that has been predetermined by the Internal Revenue Manual (IRM). Now that a Revenue Officer has the case, the next stop is to do a full compliance check on the file, that is to make sure all tax return filings and all current payments are up to date. This full compliance check ensures the case will be worked and closed without other outstanding being owed or unfiled.
Many times the Revenue Officer may ask or pull an ACCURIANT REPORT. This report comes from a search engine that can go back ten years and check on all relative information such as, real property, DMV and such. Also it can search for credit card information and see whether you turned in a loan application when applying for credit. They can easily do an asset search based on the financial statement given to the third party lending or credit card agent.
The next step in the process is to make contact with the taxpayer. They can do this in different ways. The Revenue Officer can call the telephone number that is usually found in the file, send out a letter, or go by and make a field call to the home or the place of business. Depending on the way each Revenue Officer works will determine how the follow up is made. The field call to the home or place of business is usually the best way to handle a new case because it gives the revenue officer a sense of the environment the taxpayer lives or works in. The field call is a wake up call to the taxpayer that IRS is on their case. If the IRS does make a visit to your place of employment or home do not to worry, they are simply wanting to make contact and get financial information necessary to close your case. The same revenue officer will be with you through the duration of the case. Also be advised that if you are not home, they may leave a card or contact a neighbor just to make there point known.
Fresh Start tip, be as friendly as possibly and let them know you will have your representative contact them in the next couple of days and thank them for reminding you of your tax obligation.