by Fresh Start Tax | Oct 23, 2018 | Tax Help
If you owe a chunk of change to IRS you have options. Former IRS agents can help get rid of the IRS and stop the calls.
There are various means of paying back taxes to IRS. As former IRS agents we will explain your options. A tax settlement may be in your future.
As a former IRS agent and teaching instructor with IRS you should know as a general rule someone with more experience will work your IRS collection case.
That person will have a lot of experience looking for assets and more carefully evaluating your current financial statement.
Your current financial statement holds the key to tax negotiation with the Internal Revenue Service.
Success comes by knowing the system and understanding what it takes to close an IRS case.
IRS takes a closer look at all cases large dollar especially the financial statements, the IRS is looking for the ability of the taxpayer to pay the back tax. As a former IRS agent this was part of my job.
One of the first tasks of IRS is to make sure all back tax returns are filed and current in the system.
IRS will not close out any open taxpayer inventory case unless all back tax returns are filed and the taxpayer is current on estimated tax payments or their withholding is up-to-date.
IRS is a stickler on this because they don’t want the problem of the back tax debt recurring.
So how will IRS work your case?
The Internal Revenue Service will ask the taxpayer to fill out an IRS form 433A.
You can find that on our site or on the government site. IRS will expect that form to be fully completed fully documented along with copies of the last six months bank statements, copies of all monthly expenditures, bills and a copy of pay stubs.
IRS will conduct a thorough review on that financial statement.
The internal revenue service can go through great lengths to do due diligence on your case. They have many search engines at their disposal. They will check Department of motor vehicle, records public records, credit reports, insurance policies and a plethora of other information found on internal systems used by different federal and state government agencies.
IRS knows much more about you than you can possibly imagine. You must make sure you still out your financial statement truthfully and accurately. That’s why it is best a true tax professional provide the necessary tax help to resolve your problem.
After this review of the financial statement the Internal Revenue Service generally has various buckets of closing programs that the taxpayer can be put into as a result of their current financial statement.
The importance of filling out your financial statement and giving it to IRS is the key to success and failure. I could never tell you how important the financial statement as it will determine the outcome with Internal Revenue Service.
Bucket One.
Currently uncollectible or hardship cases
If the Internal Revenue Service looks at your current financial statement and determines that your expenses exceed your income and you fall within the necessary means test, IRS can place your case in this non-collectible status.
There is good news and bad news within the status.
The good news is IRS will probably suspend your case between one and three years and kick it out for review a couple of years later, the bad news is the penalties and interest still run and the debt gets larger.
Bucket Two.
Installment agreements or monthly payments
If after the Internal Revenue Service looks at your current financial statement and they determine that you have more income than the necessary standards of meeting tests, IRS will ask for a monthly payment based on that financial statement. Hiring a tax professional can assure that IRS does not grab more money than necessary on or review of your financial statement. There are different monthly installment agreements and we will review with you your options upon your free consultation.
Bucket Three.
Offer in Compromise
This is called the pennies on a dollar program that you see advertised on TV however the offer in compromise is not for everyone.
I am a former IRS agent and teacher of the offer in compromise.
Approximately 32,000 taxpayers a year can settle their debt for pennies on the dollar, the average settlement is $9500 a year and I caution and warn taxpayers who submit offers in compromise to go through the IRS pre-qualifier tool to find out if they can truly settle their tax debt.
As a former IRS agent I carefully will walk through your financial statement and if you have any chance of being accepted for the offer I will walk you through the program and submit the offer in compromise.
Bucket Four.
Statute of limitations
IRS has 10 years to collect on their back tax debt, the period starts from the date of the assessment. The date of the assessment is the time that IRS had to put your case on the computer at the start the billing process. Various factors will extend the statute such as bankruptcy, the filing of the CDP, or the filing of offer but as a general rule after the 10 year date of assessment date your case goes away by federal statute,
Bucket Five
Bankruptcy.
Yes, Bankruptcy, many taxpayers are unaware that you could file a bankruptcy, a chapter 7 the discharge debt.
As a general rule the taxes have to be three years or older, assessed for more than 240 days and the tax returns have to be filed for at least two years. there are also different chapters in bankruptcy such as an 11 and 13 that a taxpayer can be qualified by speaking to a true bankruptcy expert.
When you call our office we will walk you through the various programs after review of your current financial statement.
Call us for a free initial tax consultation and we will walk you through the process of dealing with the Internal Revenue Service.
Do You Owe IRS a Chunk Of Change in Back Taxes + IRS Tax Help Is Right Here + Former IRS
by Fresh Start Tax | Oct 17, 2018 | Tax Help
Got Tax Debt, We know every tax option to resolve any IRS problem. 100 years IRS work experience.
Members of our team are former IRS agents and managers who have over 206 years of professional tax experience and over 100 years of working directly for the Internal Revenue Service.
We are the true tax experts, we have worked thousands of cases.
Call us today for a free initial tax consultation and hear the truth about the ways to settle with IRS from true tax debt experts.
Being former IRS agents gives us a unique advantage over the competition because we know every system, every strategy and every methodology that IRS can employ.
Good results do not happen by accident good results come by working thousands of cases and having years of experience.
The general myth that is in the public today is that you can settle for pennies on the dollar.
While that is true you must be a true qualified candidate for the IRS offer in compromise program to settle back tax debt.
So here is the process to determine how you can dispose of an IRS tax debt.
First and foremost the IRS will require a current financial statement and that is generally on a form 433F or 433A depending on where your cases in the IRS system. You can download the forms on our website.
IRS will expect that financial statement to be documented fully including bank statements, pay stubs, copy of all expenses and any other document that applies in your particular situation.
The Internal Revenue Service conducts a mini audit on your financial statement.
Since IRS spends so much time reviewing your case using the financial statement we understand the system to put you in the best spotlight with IRS.
We spend a lot of time reviewing your financial statement and making adjustments were possible to get you the best result.
Full compliance check. A full compliance check is a must when dealing with the Internal Revenue Service.
It is of utmost importance for you to know that the Internal Revenue Service will conduct a full compliance check which means that Internal Revenue Service will make sure all your tax returns are filed, up to date, and you are currently are making estimate payments or have sufficient withholding being taken out in the year you call IRS so you will not incur a problem again.
IRS does not like repeat and habitual offenders.
Tax Return Status.
If you have back tax returns that you need to file to get current to comply with the IRS requirements we can have our former IRS agents who know every single tax law option to ensure that you will pay the lowest amount by law file your returns and get them on official record .
Many people say, well I don’t have sufficient records to prepare my tax returns?
That is not a problem for us, we can pull back IRS transcripts to find out what your income for the past six years and we can reconstruct your tax return based on IRS reconstructive methods and still ensure you pay the lowest amount by law. IRS will expect the last six years of tax returns be filed.
Options to close out a tax debt case. Owing back federal and state taxes.
1 . You can pay the tax liability in full and if you need a couple of weeks or a couple of months IRS will entertain that and allow you time enough to cut them a check.
As a general rule we file a power of attorney, speak to the Internal Revenue Service and let them know of the full payment date.
2. You can make a payment plan.
There are various payment plan options available and when you call our office we will review your current financial statement and walk you through the various programs the internal revenue has to pay them.
Approximately 6.5 million taxpayers a year sign up for an IRS payment plan or installment agreement.
Payment plans are based on your current financial statement and your ability to pay. IRS will also take an online payment if you meet and fit the criteria.
3. Your case can be put in a currently not collectible or hardship.
If you have more expenses and income and you live the means test of the national standard program , IRS can temporarily suspend your case. That suspension could last one to three years. IRS will re-review the case in a period of time. The downside to this program is that penalties and interest still run, the upside is that IRS is off your back for a period in season of time.
Approximately 40% of all open cases and the IRS collection queue are currently in a hardship or not collectible.
4. You can file a bankruptcy to help stop and delay IRS.
As a general rule chapter 7, Chapter 11, and Chapter 13 may apply to certain cases. We can review those options with you.
5. The statute of limitations.
IRS has 10 years to collect back taxes from the day your taxes as assessed. The day your taxes assessed means the day IRS puts your tax return onto their computer system for the first time. The general statute of limitations runs 10 years from that date of assessment. There are actions that extend the statute of limitations such as filing of a collection due process, bankruptcy, or litigation and there are other factors.
6. The offer in compromise.
IRS has a very specific procedure to settle your debt for pennies on the dollar.
When you call our office we will let you know after review of your current financial statement whether you can settle your debt for pennies on the dollar through the offer in compromise program.
Approximately 70,000 offers are files each year and 32,000 are accepted for settlement of $9500.
There is a pre-qualifier tool for the offer in compromise. you can either walk to the pre-qualifier tool by yourself or have us review your current case and let you know if you have the ability to settle your debt through this federal IRS tax relief program.
When you use our company you will never have to talk to IRS.
We handle all communication we treat you with dignity respect and most of our clients become more friends.
If you are having a problem paying your back tax debt you can call our office and speak to true IRS tax experts you have over 200 years of direct professional work experience and over 100 years working at Internal Revenue Service.
When you call our office you will speak to true IRS tax experts who have worked thousands of cases.
Got Tax Debt + We Got All the Options + Former IRS Agent Who Know ALL Systems
by Fresh Start Tax | Oct 17, 2018 | Tax Help
How To Settle + IRS Tax Debt Help from Former IRS Agents who explain the truth from a Christian Tax Services Firm, Tax Defense. <><
Members of our team are former IRS agents and managers who have over 206 years of professional tax experience and over 100 years of working directly for the Internal Revenue Service.
We are the true tax experts, we have worked thousands of cases.
Call us today for a free initial tax consultation and hear the truth about the ways to settle with IRS from true tax debt experts.
Being former IRS agents gives us a unique advantage over the competition because we know every system, every strategy and every methodology that IRS can employ.
Use our experience to benefit you.<><
The general myth that is in the public today is that you can settle for pennies on the dollar.
While that is true you must be a true qualified candidate for the IRS offer in compromise program to settle back tax debt.
So here is the process to determine how you can dispose of an IRS tax debt.
First and foremost the IRS will require a current financial statement and that is generally on a form 433F or 433A depending on where your cases in the IRS system. You can download the forms on our website.
IRS will expect that financial statement to be documented fully including bank statements, pay stubs, copy of all expenses and any other document that applies in your particular situation.
The Internal Revenue Service conducts a mini audit on your financial statement. Since IRS spends so much time reviewing your case using the financial statement we understand the system to put you in the best spotlight with IRS. We spend a lot of time reviewing your financial statement and making adjustments were possible to get you the best result.
Full compliance check.
It is of utmost importance for you to know that the Internal Revenue Service will conduct a full compliance check which means that Internal Revenue Service will make sure all your tax returns are filed, up to date, and you are currently are making estimate payments or have sufficient withholding being taken out in the year you call IRS so you will not incur a problem again. IRS does not like repeat and habitual offenders.
Tax Return Status.
If you have back tax returns that you need to file to get current to comply with the IRS requirements we can have our former IRS agents who know every single tax law option to ensure that you will pay the lowest amount by law file your returns and get them on official record .
Many people say, well I don’t have sufficient records to prepare my tax returns?
That is not a problem for us, we can pull back IRS transcripts to find out what your income for the past six years and we can reconstruct your tax return based on IRS reconstructive methods and still ensure you pay the lowest amount by law.
Options to close out a tax debt case.
1. You can pay the tax liability in full and if you need a couple of weeks or a couple of months IRS will entertain that and allow you time enough to cut them a check. As a general rule we file a power of attorney, speak to the Internal Revenue Service and let them know of the full payment date.
2. You can make a payment plan.
There are various payment plan options available and when you call our office we will review your current financial statement and walk you through the various programs the internal revenue has to pay them.
Approximately 6.5 million taxpayers a year sign up for an IRS payment plan or installment agreement.
Payment plans are based on your current financial statement and your ability to pay. IRS will also take an online payment if you meet and fit the criteria.
3. Your case can be put in a currently not collectible or hardship.
If you have more expenses and income and you live the means test of the national standard program , IRS can temporarily suspend your case. That suspension could last one to three years. IRS will re-review the case in a period of time. The downside to this program is that penalties and interest still run, the upside is that IRS is off your back for a period in season of time.
Approximately 40% of all open cases and the IRS collection queue are currently in a hardship or not collectible.
4. You can file a bankruptcy to help stop and delay IRS.
As a general rule chapter 7, Chapter 11, and Chapter 13 may apply to certain cases. We can review those options with you.
5. The statute of limitations.
IRS has 10 years to collect back taxes from the day your taxes as assessed. The day your taxes assessed means the day IRS puts your tax return onto their computer system for the first time. The general statute of limitations runs 10 years from that date of assessment. There are actions that extend the statute of limitations such as filing of a collection due process, bankruptcy, or litigation and there are other factors.
6. The offer in compromise.
IRS has a very specific procedure to settle your debt for pennies on the dollar.
When you call our office we will let you know after review of your current financial statement whether you can settle your debt for pennies on the dollar through the offer in compromise program.
Approximately 70,000 offers are files each year and 32,000 are accepted for settlement of $9500. There is a pre-qualifier tool for the offer in compromise. you can either walk to the pre-qualifier tool by yourself or have us review your current case and let you know if you have the ability to settle your debt through this federal IRS tax relief program.
When you use our company you will never have to talk to IRS.
We handle all communication we treat you with dignity respect and most of our clients become more friends.
If you are having a problem paying your back tax debt you can call our office and speak to true IRS tax experts you have over 200 years of direct professional work experience and over 100 years working at Internal Revenue Service.
When you call our office you will speak to true IRS tax experts who have worked thousands of cases.
IRS Tax Debt Settlement + How To Settle With the IRS + Tax Debt Help + Christian Tax Services Help, CPA’s, Consultants, Advisors
by Fresh Start Tax | Oct 9, 2018 | Tax Help
We are a full-service tax defense firm that can provide affordable IRS tax help, Since 1982.
We been practicing in South Florida since 1982 and are a full-service firm that can handle your case if you owe IRS back taxes, going through an IRS tax audit, have received a bank or wage garnishment levy, need to take care of a federal tax lien or have back tax returns to file.
Please feel free to visit our offices Skype us or call us by phone.
IRS Tax Debt on Back Taxes
If you owe back tax debt to the Internal Revenue Service there are generally three options available to you to settle your IRS back debt.
As a general rule, IRS will take a current financial statement on a form 433 a or 433F.
IRS will expect that financial statement to be fully documented which includes copies of all expenses, bank statements and pay stubs and with that in hand the Internal Revenue Service will either place you into a non-collectible hardship status which will keep IRS at bay for one to three years and then the case will find its way back out to the field.
Or the Internal Revenue Service may ask you to make monthly payments because you have excess income over the allowable expenses.
IRS may also allow you to settle your tax debt for an offer in compromise.
When you call us for your free initial tax consultation we will walk you through the process and find out which method that IRS will accept based on your financial statement and your financial means.
There is very specific methodology that IRS will use to close your case.
If you have received an IRS audit lottery notice
IRS is auditing fewer and fewer returns every year and to be truthful if you have received an IRS audit notice it is just plain bad luck.
If you have received an IRS audit letter you can call us and speak to former IRS audit agents and audit managers and audit instructors.
We will walk you through the process of how IRS will work your IRS audit and give you the best possible tax defense. We are experts in IRS audit defense and appeals. please be advised that sometimes some of the best settlements for IRS audit winds up in the appeals division.
If you have received an IRS wage or bank garnishment levy call us today and as a general rule within 24 hours of receiving your current financial statement we can get a release of an IRS bank or wage levy garnishment.
Before IRS will release a wage or bank garnishment levy they will want to see a copy of a current documented financial statement and please keep in mind all your tax returns must be filed and on record.
If you have a federal tax lien filed and want to hear the various options to get your lien fully released call and speak to former IRS collection agents who know all the systems. Their very specific ways that calls for a federal tax lien to be filed and depending on the circumstances of your case we will give you the very best, affordable, and fastest ways to get your federal tax lien released.
If you have the file back tax returns and have very little records we can prepare your returns under reconstructive methods. Based in our years and years of experience we understand all the processes all the methodologies.
Call us today for a free initial tax consultation.
by Fresh Start Tax | Oct 1, 2018 | Tax Help
IRS Tax Relief Programs + 5 Different Options + Hear The TRUTH + Former IRS Who Know the System, Since 1982
Since 1982 we have been resolving IRS tax issues and we have an amazing history of successful client work and satisfied customers and that is due to the experience we have in dealing with IRS tax problems and tax issues and IRS tax relief.
On staff are former IRS agents, managers and teaching instructors who were supervisors and managers while working at the Internal Revenue Service.
As a result of all of our work experience, we understand the methodologies and all the procedures to close IRS cases in the most prudent and affordable manner.
Upon your initial consultation in almost all cases we will let you know how your tax case will resolve itself and exactly how much it will cost you.
We have worked thousands of cases since 1982 and know the most efficient way to get you where you need to be.
You will never have to speak to Internal Revenue Service we will handle all communication with you to you and with the Internal Revenue Service
IRS Tax Relief Programs
Many taxpayers for a variety of reasons cannot qualify for an offer in compromise and IRS has four other buckets of ways they close cases once they were open in the IRS collection
They are as followed:
Hardship, payment agreement, statute of expiration, bankruptcy, offer in compromise.
1. For those who are financially strapped and qualify, IRS has a currently non-collectible program in which taxpayers who qualify IRS will temporarily suspend their case between one and three years and then kick the case out later and re-review the financial statement.
Approximately 40% of all people who are in the current IRS collection Q wind up in a temporarily non-collectible file.
2. While other people based on their current financial statement can make a payment arrangement with the Internal Revenue Service. Approximately 6.5 billion people wind up in payment agreements because of their current financial statement. The Internal Revenue Service will use the national standard test to make sure the agreement is fair and reasonable.
3. Others qualify because the statute of limitation has expired on their tax assessments. As a general rule IRS has approximately 10 years to collect all cases. we can pull IRS tax transcripts to find out how close you are to having your statute of limitations expired.
4. While others can file Chapter 7 bankruptcy proceeding. We were review with you each of the criteria when you call us.
5. Offers in Compromise
We are AFFORDABLE IRS specialist experts for the Offer in Compromise for those wishing to settle their IRS tax debt. Former IRS Agents, since 1982. Former IRS OIC Specialist.
I am a former IRS agent and teaching instructor of the offer in compromise or tax debt settlement program along with other IRS programs and systems.
We have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service. We are true IRS experts who understand the IRS collection system.
All our work is done in-house and we are used by other firms to do their backend work.
You can call us today for free initial tax consultation and find out if you are a true offer in compromise tax debt settlement candidate.
Due to the IRS new fresh start initiative set out by the Internal Revenue Service many more taxpayers are eligible for the tax debt settlement.
Before a taxpayer or client thinks about the filing of an offer in compromise they should check out the IRS offer in compromise pre-qualifier tool first.
You can walk to the pre-qualifier tool on our site or call us today to learn more about it.
We will not file an offer in compromise or accept any fee for any client unless we know they are qualified for the program.
So if we send in your offer in compromise, you probably do have a pretty good chance of getting it accepted.
It is important to know you will that all back tax returns will have to be filed, up-to-date and current on the IRS computer system before the Internal Revenue Service will accept an offer in compromise.
IRS Tax Statistics for the OIC
Last year there were 78,000 offers in compromise were filed with the Internal Revenue Service, 38% of those were accepted for an average of $6500 per case.
Keep in mind this is a national average and varies from case to case is completely dependent on your current financial statement.
About 20% of all offers in compromise go to the Appellate Division for settlement.
You should know that not everyone is an offer in compromise candidate to settle their tax debt.
Make sure you are eligible for the OIC.
Before IRS can consider your offer, you must be current with all filing and payment requirements.
You are not eligible if you are in an open bankruptcy proceeding.
Submitting your offer or OIC to the Internal Revenue Service.
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:
• Form 433-A (OIC) (individuals) or 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;
• $186 application fee (non-refundable); and
• Initial payment (non-refundable) for each Form 656.
Selecting a payment option for the offer in compromise program
Your initial payment will vary based on your offer and the payment option you choose:
• IRS 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.
• IRS 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, you must continue to pay monthly until it is paid in full.
While your offer in compromise is being evaluated:
• Your non-refundable payments and fees will be applied to the tax liability (you may designate payments to a specific tax year and tax debt);
• A Notice of Federal Tax Lien may be filed;
• Other collection activities are suspended;
• The legal assessment and collection period is extended;
• Make all required payments associated with your offer;
• You are not required to make payments on an existing installment agreement; and
• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
As a side note, taxpayers should be aware that all tax returns must be filed before they can have an approved offer in compromise.
Before IRS will work an case to settle your tax debt they will want all tax returns filed and they will want to make sure you are current on your ES payments or your withholding in the current year we are in.
We could prepare all back returns for you with little or no records.
Our founder has been on FOX Business news as well as NBC.
IRS Tax Relief Programs + 5 Different Program Options + Hear The TRUTH = Former IRS
