by steve | Jun 2, 2010 | IRS Tax Advice
The IRS Voluntary Disclosure Policy
The Voluntary disclosure Policy allows taxpayers to submit the missing returns and usually avoid criminal prosecution. All returns must be fully accurate. In some cases IRS will have the taxpayer file 3 years, some cases, 6 years other cases all years. Each case is different and you should contact your tax representative to give you the best advise for your situation. At some point in time, IRS will make contact with you by letter , by a Revenue Offer or by a criminal investigator.
At some point you need to make a decision to move forward and get this done. Be sure and do your best to voluntarily inform the IRS of your failure to file.
You also need to file a correct tax returns return, make full payment or work out a settlement, payment agreement and make these disclosure before finding out you are under criminal investigation by IRS
Another factor. The IRS has increased its budget for technology that helps locate non-filing taxpayers; in fact they have targeted the problem as a high priority. They use computer matching and software programs to help as well. The IRS Information Reporting System matches W-2’s and 1099’s to the tax documents submitted.Tax professionals have the ability to get all your income reports from IRS without stirring up the hornets nest.
Fresh Start Tax has the ability, experience the knowledge to assist you with your not filed tax returns on your back tax issues on your IRS problems. Dealing with the IRS be one of the most stressful times of anyone’s business or individual life . Get an experienced tax professional who has experience dealing directly with the IRS for clients and who has helped people in similar situations get rid of their IRS problems for good. Some of our staff members are former IRS agents.
We have on staff of tax attorneys, CPA”S and former IRS to resolve your tax issues today.Call us and stop the stress NOW.
by steve | Jun 2, 2010 | IRS Tax Advice
Internal Revenue Service at some point will catch up on all non filers. the system that IRS now has is being designed for full compliance from all tax payers. IRS is stepping up their enforcement by hiring new agents and using better technology to do so.
Whether you delay filing your tax return for a year or two, or have never filed, your time will come. About ten to fifteen million people or more fail to file their tax returns each year according to IRS statistics. If you are a non filer, you could be looking at criminal and civil penalties that IRS will impose on you. The question is when will this take place.
IRS has the ability to file what the Service calls “substitute for return” ( SFR) procedures in these cases. IRS will and can and pull up income records and prepare your tax return for you. They have all your wage records and 1099’s you have been given for the past 7 years.
Failure to file or tax evasion is serious if not dealt with. It’s wise to handle these situations head on and be pro-active today and get this worry off your chest.
If you are being pursued for these types of tax issues on back taxes for IRS Problems you may get a call from the IRS Criminal Investigation. You also could be read your Miranda Rights. You need to know that they routinely make an example of a some people from all walks of life as well as certain industries so the rest of the taxpaying American public will take notice. They can be very successful in their best efforts. do not let it get to this point. There TCMP program deals with all industries.
Fresh Start Tax has found more and more cases coming to the fore front. We believe there is a special program in place especially in transient areas in certain States for enforce the Federal Tax Laws.
The first thing you should do is to contact a tax professional who can fully engage your needs, file the tax return and have an end goal strategy in mind to resolve your case.
Be mindful, it is better to file and owe than never file. Call us today so we can get started to resolve all your tax issues on back taxes.
by steve | Dec 17, 2009 | Tax Help, Uncategorized
I have just finished reviewing the following site that the IRS has. It is called TAXWISETV. It has very helpful tips on all different subjects. Subjects range from tax tips to tax problems and are very up to date. Give this a shot, you will be very surprised.
tp://www.taxwisetv.com/presentation.asp?asx=2009-10-20.asx&
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