by Fresh Start Tax | May 4, 2012 | Back Taxes, IRS Payment Plans, IRS Tax Problem, Tax Levy and Wage Garnishments
IRS Tax Levy, IRS Tax Lien – Get IMMEDIATE TAX RELIEF – Former IRS Agents, Managers – Affordable 1-866-700-1040
The way to get the tax help you need is to hire Former IRS Agents and Managers that have of 60 years of direct IRS experience in the field, in management and as teaching Instructors with the IRS.
We can get your situation resolved immediate and get permanent tax relief on your back taxes.
We have released thousands of tax levies and tax liens since we have been in practice.We are “A: rated by the BBB and our firm has a total of 205 years of professional tax experience.
Chose one of the most trusted tax firms in the industry, we are without complaint.
Call us for a free tax consultation. 1-866-700-1040
Many of our clients and taxpayers and seem to get confused regarding a tax levy and a tax lien.
The term “IRS Tax Levy” is used to describe a collection method the IRS employs to collect back taxes from taxpayers.
Tax levies actually redirect funds to the IRS as a repayment of a past due tax debt
.
Different type of tax levies:
1. Wage garnishments – 668W – actually fall under the levy heading.
Wage garnishments redirect a very large portion, usually about 90% of your wages.Once you call the IRS with a valid document financial statement and all your returns are current and up to date IRS will release the tax levy ( wage garnishment ) with some sort of tax debt settlement. Most cases close with a part payment agreement or installment plan.
2.Bank Levy ( levies ) 688A are one-time events.
The IRS freezes assets in a bank account up to the amount owed plus interest for 21 days then takes those funds to repay your tax debt. There is a 21 day grace period. The 21 day grace period allows you to call the IRS and take care of the matter. Most tax levies are released within that 21 days.
IRS also has the option to make property seizures in extreme cases. This could be a car, a boat, RV, jewelry, art work, even a house or a residence. Again, this is not common and usually only used in extreme cases of tax abuse or large dollar cases.
IRS must send out sufficient notices before IRS decides to levy. IRS is required to send you form 1058 which is a right to a hearing which you have the opportunity to file a Collection Due Process and have a right to a hearing.It is always best to hire a tax professional to defend these issues.
At Fresh Start Tax LLC we have on staff Former IRS Agents, Tax Attorneys and CPA’s to handle your case and win!
A Federal Tax Lien:
A Federal Tax Lien is a filing that take place at the courthouse at closest to your residence.It lets the public know you the Internal Revenue Service monies. As a result of this Federal Tax Lien filing the Internal Revenue Service has a secured interest in all your assets including real and personal property. This will damage your credit score.
Federal Tax liens usually have a life of ten years and can be released with full payment.
If you have any questions regarding a IRS tax levy, bank levy or wage levy call us today for a free consultation.
We are fast , affordable and very user friendly and would love to have your business.
IRS Tax Levy, IRS Tax Lien – Get IMMEDIATE TAX RELIEF
by Fresh Start Tax | May 2, 2012 | IRS Notice or Letter, IRS Tax Problem, Tax Lawyer
If you have received a IRS Letter or Tax Notice here is what you need to know concerning the correspondence you have received from the Internal Revenue Service.
First of all never panic and if you need to speak to a former IRS Agents call Fresh Start Tax LLC 1-866-700-1040 and let true tax professionals help you through this situations.
Usually these problems are not as bad as you think.
The IRS sends millions and millions of letters and notices to taxpayers for a variety of reasons. Many of these letters and notices can be dealt with without having to call or visit an IRS office. Many times you can just send correspondence by mail back to the IRS to resolve the dispute.
What you need to know about IRS notices and letters:
1. There are a number of reasons why the IRS might send you a notices or letters. Tax Notices/Letters may request payment, notify you of account changes, or request additional information.
A notice always covers a very specific issue about your tax account or tax return. and always a specific tax year or tax period.
2. Each IRS letter or notice offers specific instructions on what action you need to take. Make sure you call back by the assigned follow up date on the letter.
3. If you receive a correction notice, you should review the correspondence and compare it with the information on your return. Make sure you have back up information to support your finding with the IRS.
4. If you agree with the correction to your account, then usually no reply is necessary unless a payment is due or the notice directs otherwise. Follow up and all correspondence and make sure the problem is fully resolved by the IRS.
5. If you do not agree with the correction the IRS made, it is important to respond as requested. You should send a written explanation of why you disagree and include any documents and information you want the IRS to consider along with the bottom tear-off portion of the notice.
You should mail the information to the IRS address shown in the upper left of the notice. Allow at least 30- 45 days for the IRS to response.
6. Most correspondence can be handled without calling or visiting an IRS office. However, if you have questions, call the telephone number in the upper right of the notice. Have a copy of your tax return and the correspondence available when you call to help the IRS respond to your inquiry.
7. It is important to keep copies of any correspondence with your records. You cannot email any information to the IRS.
One of the big mistake taxpayers tend to make is to assume the problem is fully resolved.
We at Fresh Start Tax LLC believe it is always best to call the IRS 60 days after you believe the situation should have been resolved and verify that with the IRS.
These matters will not go away until they are removed from the IRS CADE computer.
Remember, if you wind up owing the IRS money and the problem goes unresolved , the IRS will follow up with a Notice of Federal Tax Levy to banks and on wages.
IRS issues over 3.6 million bank levy ( levies ) and wage levy garnishments. The IRS also filed over 900,000 federal tax liens.
Should you need help call us now. On staff, Tax Attorneys and Former IRS Agents.
by steve | Oct 7, 2010 | IRS Tax Advice
We are former IRS Agents who can help resolve Federal Tax Lien Issues. 1-866-700-1040
SEE OUR WEBSITE AT WWW.FRESHSTARTTAX.COM
WE HAVE THE HIGHEST BBB RATING OF ANY COMPANY. WE ARE LICENSED IN ALL 50 STATES
You should be aware that there are 4 ways a Federal Tax Lien can get released.
1. Pay the tax in full
2. Get an offer in compromise accepted and paid in full
3. the Statue of Limitation expires on the federal tax lien
4. post a surety bond.
EDUCATION ABOUT THE FEDERAL TAX LIEN:
Federal Tax Lien Determinations : THIS IS THE POSITION OF THE IRS
A Notice of Federal Tax Lien (NFTL) filing determination will be made during initial contact:
If speaking to the taxpayer, IRS WILL advise them a NFTL will be filed
Any liability over $5000 the IRS usually files the FTL.
When a Installment Agreement is being established
The taxpayer has broken promises
When a Currently Not Collectible or hardship determination is made
The case is being closed with anything other than:
Full payment
Full abatement
Litigation
Examples of when IRS can withhold the filing of the Federal Tax Lien :
the case is in Bankruptcy or Appeals
There is substantiated doubt of liability
The taxpayer provided verification of a loan in process
For both loans and pending adjustments, provide a clear deadline by which the taxpayer must respond with proof the account will be paid in full; explain a Lien will be filed after the date if we receive no response.
It is verified the taxpayer is in bankruptcy or other litigation
Full Pay request of 60 days or less has been agreed to
Fresh Start Tax is one of the premier tax resolution firms in the country. We deal with all types of cases, individuals, business and high dollar corporate entities. We have a staff that specializes in every type of case. Some of our specialties include the following:
- Immediate Tax Resolution and Representation
- Offers in Compromise and Settlement
- Back Taxes/ Unfiled or Never filed tax returns
- Bank or Wage Levy Garnishments
- Letters of Intent of Notice to Levy
- IRS Tax Audits
- Hardship, part pay agreements
- State Sales Tax problems and Resolution
Our company resume:
- Our staff has over 140 years of professional tax representation experience
- On staff are Board Certified Tax Attorney’s, CPA’S, former IRS Agents, Managers and Instructors.
- Former STATE Department of Revenue Manager and Instructor.
- We are extremely moral and ethical in ALL our business dealings
- We have the highest rating by the Better business Bureau
- We are fast, affordable and economical
- We are licensed to practice in all 50 States
- We put a premium on client communication.
by steve | Sep 15, 2010 | IRS Tax Advice
We can get a guaranteed payment with IRS today!!! Call Fresh Start Tax 1-866-700-1040 The firm is made up for former IRS Agents, managers and supervisors.
A Guaranteed Installment Agreement is set up for taxpayers that owe the IRS less than $10,000, excluding any IRS Penalties and Interest, and who cannot pay the total amount they owe IRS at this time . This payment plan is called a “Guaranteed Agreement by IRS.This applies as so long as you meet certain IRS requirements and complete the request process. Rules for the agreement:
Guaranteed Installment Agreement Requirements
1. you owe less Than $10,000 in back taxes or tax debt.
2. the previous 5 years of tax returns were filed and paid on time as required by the IRS
3. you have no current agreement with the IRS at this time
4. you are not in bankruptcy (or filed for it)
5. you can and agree to make monthly payments on your current balance over 3 years or less
6. you agree to pay and file all tax returns going forward for the duration of the agreement.
What to do!!!
1) Complete Form 9465 or use the Online Payment Agreement Application at the IRS website or have your professional from Fresh Start Tax help you out. Make sure to read the details that the IRS provides as well.
2) Calculate your monthly payment by taking the total amount of IRS taxes you owe, including penalties and interest, and divide that number by 30. The remaining 6 months is typically set aside for Interest.
3) Include the $52 User fee or the $105 for a check and $105 if you are deducting the Installment Agreement out of your payroll. This fee can be reduced to $43 dollars if you are under Dept of Health & Human Services poverty level. Realize your first payment is not due in 45 days but it normally should include this user fee.
4) Sign, date, and if you are not using the Online Payment Agreement Application, then make sure to make copies of the form 9465 you complete, and send original hard copies to the appropriate IRS address which is listed on the 2nd page of form 9465.
IRS has the right can still file a federal tax lien while you are paying an Installment Agreement until you make your last payment. However, IRS will not take actions against you if you have recently submitted a request for an Installment Agreement. The IRS will get back to you within a 30 day period if your agreement is accepted or not. If they have any questions or problems, they will contact you.
If you have any questions or unsure about the process, be sure to call Fresh Start Tax, the nations very best tax resolution company in the business.
by steve | Sep 15, 2010 | IRS Tax Advice
We can get a guaranteed payment with IRS today!!! Call Fresh Start Tax 1-866-700-1040 The firm is made up for former IRS Agents, managers and supervisors.
A Guaranteed Installment Agreement is set up for taxpayers that owe the IRS less than $10,000, excluding any IRS Penalties and Interest, and who cannot pay the total amount they owe IRS at this time . This payment plan is called a “Guaranteed Agreement by IRS.This applies as so long as you meet certain IRS requirements and complete the request process. Rules for the agreement:
Guaranteed Installment Agreement Requirements
1. you owe less Than $10,000 in back taxes or tax debt.
2. the previous 5 years of tax returns were filed and paid on time as required by the IRS
3. you have no current agreement with the IRS at this time
4. you are not in bankruptcy (or filed for it)
5. you can and agree to make monthly payments on your current balance over 3 years or less
6. you agree to pay and file all tax returns going forward for the duration of the agreement.
What to do!!!
1) Complete Form 9465 or use the Online Payment Agreement Application at the IRS website or have your professional from Fresh Start Tax help you out. Make sure to read the details that the IRS provides as well.
2) Calculate your monthly payment by taking the total amount of IRS taxes you owe, including penalties and interest, and divide that number by 30. The remaining 6 months is typically set aside for Interest.
3) Include the $52 User fee or the $105 for a check and $105 if you are deducting the Installment Agreement out of your payroll. This fee can be reduced to $43 dollars if you are under Dept of Health & Human Services poverty level. Realize your first payment is not due in 45 days but it normally should include this user fee.
4) Sign, date, and if you are not using the Online Payment Agreement Application, then make sure to make copies of the form 9465 you complete, and send original hard copies to the appropriate IRS address which is listed on the 2nd page of form 9465.
IRS has the right can still file a federal tax lien while you are paying an Installment Agreement until you make your last payment. However, IRS will not take actions against you if you have recently submitted a request for an Installment Agreement. The IRS will get back to you within a 30 day period if your agreement is accepted or not. If they have any questions or problems, they will contact you.
If you have any questions or unsure about the process, be sure to call Fresh Start Tax, the nations very best tax resolution company in the business.
