How to Resolve BACK TAXES Owed to IRS – Former Agents – Back Tax Solutions
How to Resolve BACK TAXES Owed to IRS – Former Agents 1-866-700-1040
I am a Former IRS Agent and teaching Instructor with the IRS.
We are comprised of tax attorneys, certified public accountants, and former IRS agents, managers and former IRS teaching instructors.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
We Taught Tax Law at the IRS.
We are tax experts and how to resolve back taxes owed to the IRS.
Call us today for free initial consultation and we can go over all the available tax options that you have too resolve your back tax issues with the Internal Revenue Service.
IRS Billing or Notices cannot be Ignored
If you owe the Internal Revenue Service back taxes and they have sent you a series of 3 to 4 notices or bills letting you know that you owe back tax do not ignore the letters or notices.
It is vitally important that you contact the Internal Revenue Service by the time you get your final notice or levy to intent.
This notice is generally L-1058.
If you are past this point it is no problem. Contact us and you will never have to speak to the Internal Revenue Service.( Believe it or not most of our clients because they’ve moved or other situations in their life have never received this IRS final notice.)
If you do not call the Internal Revenue Service within 30 days of receiving your final notice the IRS will follow-up and definitively take enforcement action.
IRS Enforcement Action on Back Taxes Owed
If the letters are not answered timely by the taxpayers, the Internal Revenue Service will send out a bank levy, a wage tax Levy garnishment, or file the notice of the federal tax lien.
I urge all taxpayers to make sure they contact the Internal Revenue Service to resolve these back tax issues while they are still in notice or billing status and before the IRS takes enforcement action.
All IRS enforcement action is conducted systemically that is through there computer automatically generates IRS bank levies, IRS wage levy garnishments, or the filing of the federal tax liens.
How to resolve back taxes owed to the IRS
If you owe back taxes to the Internal Revenue Service they will require a current financial statement. That financial statement that will have to be executed to the Internal Revenue Service is the 433-F. (IRS Specific Form )
You can find that financial statement on our website.
You will need to send or fax the financial statement along with all documentation supporting all income and expenses to the IRS in the ASC Unit.
You will need to provide IRS with the last 3 to 6 months of bank statements, pay stubs and copies of all monthly bills.
Once IRS has that in hand they are ready to resolve your back tax issue.
The three types of way IRS will closure case to resolve back taxes
After IRS carefully reviews the current financial statement along with all the documentation, IRS will close the case by putting the taxpayer into one of three closing methods or categories.
The IRS will either declare that the taxpayer is going through a financial hardship in place the taxpayer into a currently non-collectible status due to the hardship of the financial condition, the IRS will recommend that the taxpayer make a monthly installment payment or the IRS will let them know they are a candidate for an offer in compromise or tax debt settlement.
I urge all taxpayers before they give IRS a financial statement to have it carefully and skillfully reviewed by a tax professional to ensure the very best result.
Taxpayers have no idea how the IRS is going to review or receive that financial statement. Only tax professionals that have handled hundreds of cases understand the methods and techniques used by Internal Revenue Service.
If you are going through this process it will do you well to hire a professional tax firm to negotiate and resolve your back tax issues with the Internal Revenue Service. Check the pricing of various tax firms.
Make sure you are not ripped off by Internet companies who have few professionals on staff.
Make sure you were hiring a true professional tax company who has experience, knowledge and a proven track record to ensure that you get the very best settlement possible.
Also check BBB ratings.
All your Back Tax Returns Must be Filed
You should also be aware that when you are trying to resolve all back tax issues with the Internal Revenue Service they will require you to file any unfiled tax returns.
We can prepare all your back tax returns and file them with the Internal Revenue Service. If you have a little for a few tax records we can reconstruct your tax returns.
Most importantly get back into the system and get these unresolved back tax issues resolved so you could go on with your life.
Call us today for a no cost professional tax consult and hear the truth about how to resolve back taxes owed to the IRS.
How to Resolve BACK TAXES Owed to IRS – Former Agents – Back Tax Solutions