by Fresh Start Tax | Jul 3, 2013 | Tax Levy and Wage Garnishments
One of the reasons you can trust the advice we give you is that we are former IRS agents and managers and have over 60 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the Internal Revenue Service.
You can do this on your own or you can hire a professional firm to do this for you but the work that is involved to stop an IRS wage or bank garnishment is still the same and this is the process.
You can STOP a IRS wage, bank garnishment by contacting the Internal Revenue Service and letting them know of your current financial status and letting them know of your plan of action.
What kind of plan of action is acceptable to the IRS?
1. that you are currently in a IRS tax hardship,
2. you can start making installment payments,
3. you want to file an offer in compromise.
How to determine the plan IRS will accept?
If you owe back taxes to the Internal Revenue Service, the IRS requires of all individual, business, or corporate taxpayers to provide a IRS financial statement.
In the case of individual taxpayers a form 433-F will be required.
You want to make sure you are both honest and accurate in the completion of this financial statement because IRS will verify all the figures you place on that form and they will want supporting documentation. The documentation must include proof of income, your pay stubs, and the IRS will want to all current monthly bills and expenses.
Before the Internal Revenue Service will render a decision on closing and settling your IRS case, IRS will use the national and regional standard tests on your income vs expenses. If you do not have enough income coming in to cover your current expenses IRS has the ability to put you into a current economic tax hardship which means you are currently not collectible.
IRS may look at your case and determine you have more income than necessary living expenses and ask for an installment or monthly payment.
IRS also may look at the whole of your financial statement and determine that you are offer in compromise or IRS tax debt settlement candidate.
Before you go running off filing for offer in compromise you should truly check with a tax professional to make sure you are a qualified candidate before you go spending your money.
Beware of tax firms promising pennies on a dollar. Even though pennies on a dollar are possible it’s best to fill out the IRS pre-qualifier tool for offers in compromise. You can find this form on our website.
Once the Internal Revenue Service goes through of the process of reviewing your current financial statement and comes to a resolution on your case they will immediately stop the IRS wage, or bank garnishment.
This process can all happen within one day. The key is giving to IRS a current documented financial statement. The only thing that slows down the process of getting your IRS wage or bank levy released is the taxpayer by not providing a current financial statement. The key is to act immediately.
If you do nothing at all when you receive a IRS tax bill or tax notice expect enforcement
The enforcement computer system generates all IRS bank levies and wage garnishments. All these enforcement tools used by the Internal Revenue Service systemically generates all notices without a human hand touching the seizure actions.
It is very important to follow up these IRS notices or letters no later than the final notice dates sent by the Internal Revenue Service.
If you fail to respond to the Internal Revenue Service after the L-1058 letter you can expect an IRS bank levy or wage garnishment notice and you may also receive the filing of a federal tax lien.
So if you want to avoid a Bank Garnishment, Wage Garnishment, you had better follow up.
It is important to know all your IRS tax options and remedies and how to close your case short-term and to have a long-term exit strategy.
Contact us today and speak to a tax attorney, CPA, or former IRS agent and manager to fully understand the best way to deal with your IRS problem.
All consultations are free.
We are A+ rated by the Better Business Bureau and we have been in private practice since 1982 and we have over 206 years of professional tax experience.
How to STOP a IRS Wage, Bank Garnishment by IRS, Former IRS Agents
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 | Mar 5, 2013 | Tax Help
IRS Asset Seizure – Tax Help, Former IRS Agents, IRS Tax Seizure Experts 1-866-700-1040
As former IRS agents we were in the business of seizing assets that belonged to taxpayers. As a result of our years of experience at the Internal Revenue Service we know how to completely remedy your situation and get your assets back in your hand.
If the IRS has seized any assets belonging to you the best professionals to handle your IRS matter and problem are former IRS agents and managers who know the system, the formats, and settlement procedures of the Internal Revenue Service.
We have over 60 years of direct working experience and knowledge of the Internal Revenue Service and we have been in positions as agents, managers, instructors, as well as IRS appeals agents.
We are completely familiar with all of the IRS systems and can easily resolve your IRS problem on IRS asset seizures and any other situation that you may be encountering.
Our firm has over 206 years of professional tax experience and we are A+ rated by the Better Business Bureau.
We are fast, professional and affordable.
You can call us for free tax consultation you will hear her the truth and find out how fast that you can remedy your situation.
IRS – Asset Seizures
IRS usually will seize the assets of taxpayers when the taxpayer fails to contact the Internal Revenue Service.
As a result, IRS sends out a system of bills and notices in an attempt to work out an agreement with the taxpayer, business, or corporation. If the IRS cannot contact the taxpayer it sends out a bill to the last known address. If the Internal Revenue Service does not hear back from the taxpayer after sending a notice to the last known address. the IRS is then forced to start to take enforcement action.
As a general rule enforcement actions of the IRS usually include the filing of an IRS bank levy, an IRS wage garnishment levy, an asset seizure such as a boat, car, home business and/or the filing of a federal tax lien. There are many type of other IRS seizures you should call us today to learn more on how you could remedy this situation.
General rules on getting your assets back from the Internal Revenue Service
The Internal Revenue Service has general rules that govern the releasing of asset seizures. . IRS will want a current financial statement along with all documentation that supports and verifies the statement that is given to Internal Revenue Service.
After IRS carefully reviews and verifies the financial statement IRS will determine which is the best course of action to remedy the situation to closes the case off the IRS enforcement computer.
As a general rule the IRS will either put taxpayers or corporations in economic hardship, enter them into an installment payment or entertain IRS settlement called and offer compromise.
With the IRS’s new fresh start program or fresh start initiative the taxpayers have many different options to go ahead and help settle their case to completely remedy the problem that they have.
At Fresh start Tax we contact the IRS with a power of attorney and begin the negotiation that very day of getting any assets seized by the IRS back in your hand.
Do not be worried or do not be stressed, call us today and we can start the process to get what is rightfully yours back in your hand.
If the Internal Revenue Service has seized anything other than a bank account or a wage garnishment levy you should contact us today giving us the details of the asset seizure so we can contact the IRS agent in charge of the seizure of assets and we can start the process and tax negotiation of getting seized assets back in your hand.
As a former IRS agent I have seized assets for over 10 years and I am completely aware of all the tax laws and procedures that govern the assets that have been seized. Please call us today and learn more
IRS – Management Review Process and Taxpayer Appeal Rights
Taxpayers whose business assets have been seized, and who request it, are entitled to an expedited case review by management.
The seized assets must be tangible personal property essential in carrying on the trade or business of the taxpayer. The purpose of the management review is to determine whether the levy meets the release requirements of IRC 6343 and, in particular, whether the levy has created an economic hardship by preventing the taxpayer from carrying on such trade or business.
The management review will consist of one level only and will be conducted at the territory level. In those cases where the levy action is sustained (levy is not released) by the appropriate compliance manager, the taxpayer will be advised about the Taxpayer Advocate Service (TAS) and/or the Collection Appeal Program (CAP).
Seizures involving perishable goods require immediate management attention.
Local management will provide for an accelerated review process based on the merits of each case.
You can file a Appeal by using the CAP process
Once a seizure action is taken, the taxpayer has ten business days from the date the Notice of Seizure is provided to the taxpayer, or left at his or her usual abode or place of business, to appeal the seizure action through the CAP process (IRM 5.10.1.5.3, Collection Appeal Rights).
The taxpayer will use Form 9423, Collection Appeals Request, to request a CAP hearing.
TAS cases may be initiated because of seizure actions. If the taxpayer claims a hardship as a result of a seizure or proposed seizure action, the revenue officer should determine if the seizure action should continue (see IRM 13.1.7, Taxpayer Advocate Service (TAS) Case Criteria, for other situations that qualify for TAS referral and the appropriate procedures to follow).
The use of IRS tax form 911, Taxpayers Advocate Service
If the revenue officer cannot or will not initiate action to resolve the taxpayer’s inquiry or to provide the relief requested by the taxpayer, the revenue officer must assist the taxpayer in preparing Form 911, Request for Taxpayer Advocate Service Assistance (And Application for Taxpayer Assistance Order).
Form 911 must state the hardship and/or problem, and it must document the resolution and/or relief requested. The revenue officer must document the reason why the requested action was not taken. Form 911 will be forwarded to the TAS within one workday of identifying that the contact potentially meets TAS criteria.
Further collection actions are generally suspended until the hardship is resolved by the TAS Office. See IRM 13.1.7, Taxpayer Advocate Service (TAS) Case Criteria, for TAS criteria and procedures.
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
- IRS Asset Seizure
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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”
- 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
IRS Asset Seizure – Tax Help, Former IRS Agents, Tax Experts
by steve | Oct 12, 2011 | IRS Tax Problem, Tax Help
Have Former IRS Agents end your problem!
Fresh Start Tax LLC Affordable IRS Tax Experts for IRS Problems and IRS Tax Help Since 1982 “A”Plus Rated by the BBB
We are one of the oldest, most trusted and experienced professional tax firms.
With over 205 years of professional tax experience and over 60 years of direct IRS related work experience.
We taught Tax Law and new IRS Agents in the local, district and regional IRS offices.
Call us for a no cost professional tax consult.
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
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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”
- 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 90.3 FM Monthly Radio Show-Business Weekly
See our Home Page for more details Thank you
by steve | Sep 13, 2011 | Representation, Tax Help
Let former IRS agents and managers who have a combined 60 years of direct IRS work experience resolve your IRS tax problem today.
We are the affordable tax experts.
Fresh Start Tax LLC 1-866-700-1040 Since 1982 Affordable IRS Tax Experts A Plus Professional Tax Firm “A” Rated by the Better Business Bureau
We can provide immediate and permanent tax relief from any IRS problem you may have. Former IRS Agents/ Supervisors know how to get it done.
Being former IRS Managers and Instructors we know all the tax codes, tax practices and tax strategies to get immediate tax results.
We are comprised of Board Certified Tax Attorneys, CPA’s and former IRS Agents, Managers and Instructors who have over 205 years of professional tax experience and over 60 years of working directly for the IRS in the local, district and regional offices of the Internal Revenue Service.
Call us for a no cost professional tax consult.
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
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- 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”
- 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 90.3 FM Monthly Radio Show-Business Weekly
See our Home Page for more details Thank you
Tax Relief – IRS Problems / Help – Affordable Tax Attorneys, CPA’s, Former IRS Agents
