by Fresh Start Tax | May 2, 2013 | Back Taxes
How to File & Pay Back Taxes, Former IRS, Back Taxes Experts 1-866-700-1040
If you need to file and pay back taxes you have come to the right place.
We are comprised of tax attorneys, certified public accountants and former IRS agents and managers who have over 60 years of direct work knowledge and experience working at our favorite ex-boss with the IRS.
Our firm has over 206 years of professional tax experience and we are A+ rated by the Better Business Bureau and have been in private practice since 1982.
We handle all areas of IRS representation including the filing of back taxes and the payment of back taxes including the IRS tax settlement called the offer compromise.
How to file back taxes
Most people come to us needing to file multiple back years tax returns and the common questions that ask is “should I file them all at the same time?”
And the answer is a resounding yes.
You do this so you can close your case all that one time and in doing so you will save yourself tons of money.
Most people who have to file multiple years are hesitant because of fear or worry or they have lost their tax records to complete the filing of their tax returns. If this is your case we should be able to remove your fear and worry and file all your back years tax returns and work out a tax settlement with the Internal Revenue Service. If you have lost, stolen or damaged tax records that is no problem.
If this is the case do not be alarmed or afraid because you don’t have the all your tax records to file your back tax returns. We are tax experts in tax reconstruction in the filing of back income and business tax returns.
We have filed thousands of reconstructed tax returns and we know the exact process and we can make this very simple for you.
If you need to pay your back taxes you must fill out form 433-F
There are multiple tax options in paying your back taxes and the key to doing so is the completion of the IRS financial statement form 433-F.
The Internal Revenue Service will close no case off their enforcement computers unless they have a current and documented financial statement.
You can find that 433-F on our website. Complete it and send it to us and we will do a free tax evaluation on your case and will let you know how the IRS will treat or handle your for entity that owes tax.
Some taxpayers cannot pay back taxes
Factors that support an economic hardship determination may include:
The taxpayer is incapable of earning a living because of a long term illness, medical condition or disability, and it is reasonably foreseeable that the financial resources will be exhausted providing for care and support during the course of the condition.
The taxpayer may have a set monthly income and no other means of support and the income is exhausted each month in providing for the care of dependents.
The taxpayer has assets, but is unable to borrow against the equity in those assets, and liquidation to pay the outstanding tax liabilities would render the taxpayer unable to meet basic living expenses.
Someone in the immediate family of the taxpayer has been hit with a catastrophe.
An act of God causing an unforeseen occurrence.
Remember, each situation is different and each and every case is based on its own merit.
No two cases are ever the same.
If you cannot pay your back taxes IRS can place you into a currently non-collectible file.
IRS will review your current financial statement and may determine that at the present time your expenses exceed your income and that aligns with the national and regional standard test that IRS uses to determine hardship, payments and IRS tax debt settlement. So if this is you contact us today we will review your financial statement and see if you are a true candidate for an economic tax hardship called currently noncollectable.
IRS making payments to the Internal Revenue Service
There are many programs available to you to help you make back payments to the Internal Revenue Service.
Once again your 433F financial statement will allow IRS to see how much that monthly payment should be.
There is also another tool available to the taxpayer and that is to make a streamlined payment for those of you who owe under $50,000 and can pay IRS off within six years.
Contact us today to learn more about the program by making a payment or installment arrangement to the Internal Revenue Service.
Paying back taxes with a tax debt settlement: Offer and Compromise
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship.
The Internal Revenue Service will consider your unique set of facts and circumstances such as:
a. Ability to pay;
b. Income;
c. Expenses; and
d. Asset equity.
The IRS generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.
You should explore all other payment options before submitting an offer in compromise. The Offer in Compromise program is not for everyone.
Make sure you are eligible for a Tax Settlement
Before the IRS will can consider your offer, you must be current with all filing and payment requirements.
Are you in an open bankruptcy proceeding
You are not eligible if you are in an open bankruptcy proceeding. Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.
Submitting your offer
You’ll find step-by-step instructions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF).
Your completed offer package will include:
1. Form 433-A (OIC) (individuals) or
2. 433-B (OIC) (businesses) and all required documentation as specified on the forms;
Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
3. $150 application fee (non-refundable); and
Initial payment (non-refundable) for each Form 656.
Select a payment option
Your initial payment will vary based on your offer and the payment option you choose:
Lump Sum Cash.
Submit an initial payment of 20 percent of the total offer amount with your application. Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
Periodic Payment.
Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer. If accepted, continue to pay monthly until it is paid in full.
How to File & Pay Back Taxes, Former IRS, Back Taxes Experts
by Fresh Start Tax | Apr 30, 2013 | Tax Lien
IRS Tax Levy, IRS Tax Lien Services – Affordable Tax Attorneys, Former IRS 1-866-700-1040
If you are battling in the IRS on a tax levy or the filing of an IRS federal tax lien contact us today for free initial tax consultation and see how your situation can immediately and permanently be put to rest.
We are comprised of tax attorneys, tax lawyers, certified public accountants, enrolled agents and former IRS agents as well as managers. While at Internal Revenue Service we taught tax law. We are affordable, honest and one of the most trust worthy tax firms. We will do exactly what we say.
With over 206 years of professional tax experience and over 60 years of direct work experience at the Internal Revenue Service in the local, district, and regional tax offices of the IRS, we can help with any IRS tax Levy any IRS tax lien or any IRS problem that you have.
We are familiar with every facet of the Internal Revenue Service. We are true tax experts in IRS tax resolution.
Regarding the IRS Tax Levy
The Internal Revenue Service generally sends out to type of IRS tax levies.
The first levy is a bank levy and the second is a wage garnishment.
Both are treated completely different. When a bank account is levy or seized by the Internal Revenue Service the IRS freezes that bank account for 21 days at the time the levy was served on the bank only,no future funds are levied.
The taxpayer has 21 days to release the freeze on the IRS Tax Levy that was sent to the bank. Contrary to popular belief you can still use your bank account and only the money that was frozen the day the IRS levy was received by the bank are the only funds that cannot be used by the taxpayer.
Regarding the IRS wage levy
An IRS wage levy is quite different than IRS bank levy.
Where a bank levy has a 21 day freeze the IRS wage garnishment levy is an immediate levy in which the taxpayers wages or other income is continuously seized and handed over to the IRS until IRS issues a wage IRS levy release.
To get your IRS wage garnishment or bank levy released you will need to submit to Internal Revenue Service a current documented financial statement and support of your current financial conditions. The form that will be used is a 433F.
We can assist in the preparation and tax settlement to assure that you will get the fastest IRS tax levy release possible.
A IRS Tax Lien
If the Internal Revenue Service has filed a federal tax lien it is in the best interest of the taxpayer to remove that federal tax lien as fast as possible. It will grossly affect your credit score.
The two most likely ways that an IRS tax lien will be released as soon as possible is to full the tax or the filing and acceptance of an offer in compromise.
While other avenues exist to get your IRS tax lien released the aforementioned are the quickest way, other are discussed below.
You should contact our office today if you have any tax questions regarding the filing and removal of an IRS tax when.
What is an IRS Tax Levy
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens.
A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes or make arrangements to settle your IRS tax debt the IRS may seize and sell any type of real or personal property that you own or have an interest in.
IRS can:
a. The Internal Revenue Service could seize and sell property that you hold such as your car, boat, house or,
b. The Internal Revenue Service could levy property that is yours but is held by someone else such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions.
These three requirements are met before a tax levy:
1. The Internal Revenue Service assessed the tax and sent you a Notice and Demand for Payment,
2. You neglected or refused to pay the tax and,
3. The Internal Revenue Service sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS has options on how to notice you.
1. The IRS may give you this notice in person,
2. leave it at your home or your usual place of business, or
3. send it to your last known address by certified or registered mail, return receipt requested.
If the IRS releases the IRS tax Levy
A levy release does not mean you are exempt from paying the balance.
The IRS will work with you to establish payment plans , but you in a tax hardship or take other steps to help you pay off the balance.
If you do not like the results from the IRS Agent
You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice.
You must file your request within 30 days of the date on your notice.
Some of the issues you may discuss include:
a. You paid all you owed before we sent the levy notice,
b. The IRS assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
c. The made a procedural error in an assessment,
d. The time to collect the tax (called the statute of limitations) expired before we sent the levy notice,(The normal time of the statue of limitations usually runs 10 years from the initial date of assessment)
e. You did not have an opportunity to dispute the assessed liability,
f. You wish to discuss the collection options, or
g. You wish to make a spousal defense.
At the conclusion of your hearing, the Office of Appeals
At the conclusion of your hearing, the Office of Appeals will issue a determination.
You will have 30 days after the determination date to bring a suit to contest the determination. Refer to Publication 1660 (PDF), for more information.
If the IRS have levied or seized your property
If your property is levied or seized by the IRS fresh start tax llc, contact the employee who took the action. We will also ask the manager to review your case.
If the matter is still unresolved, the manager can explain your rights to appeal to the Office of Appeals.
Levying Your Wages, Federal Payments, State Refunds, or Your Bank Account
If we levy your wages, salary, federal payments or state refunds, the levy will end when:
a. The levy is released,
b. You pay your tax debt, or
c. The time expires for legally collecting the tax.
If the IRS levy is on your bank account, your bank must hold funds you have on deposit, up to the amount you owe, for 21 days.
This holding period allows time to resolve any issues about account ownership. After 21 days, the bank must send the money plus interest, if it applies, to the IRS.
The IRS Federal Tax Lien
A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt.
The filing of the lien protects the government’s interest in all your property, including real estate, personal property and financial assets.
A federal tax lien exists after the IRS:
1.IRS Assesses your liability,
2.IRS sends you a bill that explains how much you owe (Notice and Demand for Payment); and,
3. You neglect or refuse to fully pay the debt in time.
Public Records
The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property.
Different ways to Get Rid/Remove a Federal Tax Lien
a. Paying your tax debt in full is the best way to get rid of a federal tax lien. The IRS releases your lien within 30 days after you have paid your tax debt.
b. Discharge of property. Allows property to be sold free of the lien. The seller or buyer can submit Publication 783, Instructions on How to Apply for Certificate of Discharge From Federal Tax Lien (PDF).
c. Subordination. Does not remove the lien, but allows other creditors to move ahead of the IRS, which may make it easier to get a loan or mortgage.
For more information review Publication 784, Instructions on How to Apply for a Certificate of Subordination of Federal Tax Lien (PDF) or call us today.
d. Withdrawal. Removes the public notice and assures that the IRS is not competing with other creditors for your property. If applying for a withdrawal, use Form 12277, Application for the Withdrawal of Filed Form 668(Y), Notice of Federal Tax Lien (PDF).
Effect of a Federal Tax Lien
Assets. A lien attaches to all of your assets (such as property, securities, vehicles) and to future assets acquired during the duration of the lien.
Credit. Once the IRS files a Notice of Federal Tax Lien, it may limit your ability to get credit.
Business. The lien attaches to all business property and to all rights to business property, including accounts receivable.
Bankruptcy. If you file for bankruptcy, your tax debt, lien, and Notice of Federal Tax Lien may continue after the bankruptcy.
IRS Tax Lien vs. IRS Tax Levy
A lien is not a levy.
A lien secures the government’s interest in your property when you don’t pay your tax debt. A levy actually takes the property to pay the tax debt. If you don’t pay or make arrangements to settle your tax debt, the IRS can levy, seize and sell any type of real or personal property that you own or have an interest in.
For more technical cases – The Centralized Lien Processing.
To resolve basic and routine lien issues: verify a lien, request lien payoff amount, or release a lien, call IRS at (800) 913-6050.
Collection Advisory Group — For all complex lien issues, including discharge, subordination, subrogation or withdrawal; find contact information for your local advisory office in Publication 4235, Collection Advisory Group Addresses (PDF).
Office of Appeals.
Under certain circumstances you may be able to appeal the filing of a Notice of Federal Tax Lien. For more information, see Publication 1660, Collection Appeal Rights (PDF).
Taxpayer Advocate Service — For assistance and guidance from an independent organization within IRS, call (877) 777-4778.
Centralized Insolvency Operation — If you are questioning whether your bankruptcy has changed your tax debt, call (800) 973-0424.
IRS Tax Levy, IRS Tax Lien Services – Affordable Tax Attorneys, Former IRS
by Fresh Start Tax | Apr 24, 2013 | Tax Levy and Wage Garnishments
IRS Bank Levy, Wage Levy Garnishments – Get Releases ASAP, Former IRS 1-866-700-1040
The Internal Revenue Service sends out 3.6 million IRS bank levies and IRS wage garnishment levies each year.
The IRS CADE2 computer generates these levy notices both banks and employers systemically.
Not a human hand touches these a bank levy or Wage levy garnishment.
Thousands of these notices are sent every day to taxpayers who are failed to respond to the last billing notice the IRS is sent to their last known mailing address. Sadly millions of taxpayers never have received their final builder notice to even respond to the Internal Revenue Service and that is because the IRS has a protocol that states that it is only required to send the last billing notice to the last known address on their last file tax return.
As a former IRS agent I sent out hundreds and hundreds of IRS bank levies and wage garnishment levies.
Because of my years of experience at the Internal Revenue Service I know the exact protocol, the exact format, and the exact settlement procedures to go ahead and to get your IRS wage levy garnishment or IRS bank levy released as soon as possible.
We have over 206 years of professional tax experience, over 60 years of working directly for the Internal Revenue Service and the local, district, and regional tax offices of the Internal Revenue Service and we are a plus rated by the Better Business Bureau.
The process of getting the IRS bank levy or wage Levy garnishment released
There is a very exact process or protocol that the Internal Revenue Service uses to get the IRS bank levy or wage Levy garnishment released.
Before IRS releases anyone off the hook they need to determine the collectibility of each and every taxpayer or business before they close off the case off the IRS collection computer called CADE 2.
IRS will require a current financial statement.
You can find that financial statement on our website. The forms is the 433-F. You will have to complete every box on the form and have it completely documented before the Internal Revenue Service will make a determination on how your case can be closed.
Documents Needed for Release of IRS Bank Levy or Wage Garnishment
Beside the IRS financial statement the IRS will require copies of pay stubs, of bank statements for the last 3 to 6 months and a copy of all your bills receipts and expenses for a period of three months.
The Internal Revenue Service will also make sure that all your tax returns are up-to-date and that you are having the proper amount of withholding taken out of your paycheck.
If you are self-employed they will make sure that you are making current estimate tax payments
IRS will carefully review your financial statement and apply it against the national and regional standards. you can find those national and regional standards on her website. Click on the IRS forms on our homepage and you will be brought to the national standards. IRS will then make a determination as to how they will close your case.
That can be appealed if you do not like the decision. You have the option of filing CAP for someone else to review your case.
How your case will be settled with the Internal Revenue Service
IRS will either close your case suggesting you are a suitable candidate for an offer in compromise, they may determine that you could make a current monthly payment to them based on your financial statement or the IRS may determine because of your present condition you are at this time currently not collectible.
If the IRS determines that your case is currently non-collectible they will place your case in suspense for the next three years.
As a general rule once your adjusted gross income shows a higher amount, your case will be generated back to the field and your case brought back to the enforcement computer and the process starts again all over with bills and notices.
The IRS Bank Levy
When a bank receives the levy notice from the Internal Revenue Service all funds are frozen in that account for 21 days.
The funds that are frozen are only those monies that are in the bank account on the day the bank received the IRS levy.
By law, those are the only funds that are frozen.
You can continue to use that bank account as much as you want except for the frozen funds. Contrary to popular belief your bank account is not closed.
The Internal Revenue Service gives taxpayers a 21 day grace period to go ahead and allow them to get the release of the Bank Levy and get their monies back in their hand.
The wage levy garnishment
The wage levy garnishment unlike the bank levy is a continuous levy.
It continues to garnish or seizes a person’s paycheck week after week until the employer receives an actual release from the Internal Revenue Service.
All taxpayers should act immediately upon receiving an IRS bank levy or wage Levy garnishment. We can get your bank levy or your wage levy garnishment released immediately as soon as we have your current financial statement with all documentations in our hand.
Call us today for free initial consultation and you can speak directly tax attorneys, certified public accountants, or former IRS agents who are tax experts for IRS bank levies and release of wage levy garnishments,
We not only will get your IRS bank levy or your wage levy garnishment released we will also settle your case. We are affordable, A+ rated by the Better Business Bureau and have been in private practice since 1982.
IRS Bank Levy, Wage Levy Garnishments – Get Releases ASAP, Former IRS
by Fresh Start Tax | Apr 11, 2013 | Tax Help
Accounting Firm – Ft.Lauderdale, Miami, Palm Beaches – Tax Attorneys, CPAs, Former IRS 954-492-0088
There are many solid accounting tax firms located in the South Florida area. Fresh Start Tax LLC is one of those Firms.
We are comprised of tax attorneys, certified public accountants, enrolled agents, and former IRS agents and managers.
We have over 206 years of professional tax experience in over 60 years of working directly for the Internal Revenue Service in the local South Florida offices.
We are experts in state and federal tax representation.
We are a full service tax firm and all our work is done in-house.
We have such an expertise in IRS and state tax representation that many tax firm refers their IRS and state clients to us handle to their individual and business IRS tax problems because of our high level of expertise.
Call us or contact us today for a free initial visit because we like to build long-term lifetime relationships with all our clients.
We are A+ rated by the business Better Business Bureau and have been practicing right here in South Florida since 1982.
We have particular expertise in both IRS and state tax representation, state and federal tax audits, preparation of business, corporate & income tax returns, FBAR tax reporting, IRS levy and garnishment removal and IRS tax settlements.
Our Company Resume: ( Since 1982 )
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Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
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On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Full Service Accounting Tax Firm,
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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:
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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
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Payment Plans, Installment Agreements, Structured agreements
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Abatement of Penalties and Interest
-
State Sales Tax Cases
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Payroll / Trust Fund Penalty Cases / 6672
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Filing Late, Back, Unfiled Tax Returns
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Tax Return Reconstruction if Tax Records are lost or destroyed
Accounting Firm Tax – Ft.Lauderdale, Miami, Palm Beaches – Tax Attorneys, CPAs, Former IRS
by Fresh Start Tax | Apr 10, 2013 | Tax Lawyer
Hire a IRS Tax Attorney to Handle IRS Problems – Tax Attorneys, Former IRS 1-866-700-1040
The best way to handle any and all IRS tax problems is to hire IRS tax attorneys, tax lawyers, CPAs, and former IRS agents and managers all who have an expertise and specialty in IRS resolution.
Fresh Start Tax LLC has over 206 years a professional tax experience in dealing with the Internal Revenue Service.
We have over 60 years of working directly for the IRS in the local, district, and regional tax offices. We have worked as agents, managers, appellate agents, and instructors at the IRS regional training offices. Also on staff IRS Tax Attorneys who have a CPA as well.
We also taught tax law while employed by Internal Revenue Service.
We know all the systems, protocol, and best practices solutions to get you a quick and affordable resolution on your IRS problem.
We have been in private practice since 1982 and have successfully handled thousands of cases in every aspect of IRS tax representation.
We are A+ rated by the Better Business Bureau and are without complaint.
When you call our office depending on your tax problem you either speak directly to an IRS tax attorney, to a CPA, or to a former IRS agent or manager who has a particular expertise in your unique situation.
All consultations are free.
We will develop an attack strategy and a solution that fits your needs and can appease the Internal Revenue Service.
Call us today we look forward to working with you.
We are friendly, trustworthy and very accessible.
About Fresh Start Tax L.L.C.
Fresh Start Tax L.L.C. is one of the premier tax resolution firms in the country. We deal with all types of civil cases including individuals, businesses, non-profits, partnerships and corporations.
We have staff that specialize in every facet of IRS Tax Representation.
We know all the IRS tax strategies because of our extensive IRS working backgrounds.
We were Former IRS Certified Tax Instructors that taught IRS Tax Law in the IRS Regional Training Center.
Some of our many specialties include the following:
Our Company Resume: ( Since 1982 )
-
Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
-
On staff, IRS 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” 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
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Abatement of Penalties and Interest
-
State Sales Tax Cases
-
Payroll / Trust Fund Penalty Cases / 6672
-
Filing Late, Back, Unfiled Tax Returns
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Tax Return Reconstruction if Tax Records are lost or destroyed
Get a IRS Tax Attorney to Handle IRS Problems – Tax Attorneys, Former IRS
