by Fresh Start Tax | Sep 4, 2014 | Tax Help
Have Former IRS agents, tax attorneys and tax lawyers who know the system inside and out resolve your IRS tax debt. Start to get tax relief today.
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We have been in practice since 1982 and are a plus rated by the BBB.
We know our business and the IRS & STATE TAX SYSTEM.
The Internal Revenue Service AND THE STATE has a system to everything.
We worked in the system and have instructed those in the system
Being former IRS agents managers and teaching instructor we know everything about the system. We taught tax law and IRS agents there jobs when employed at the IRS.
We have over 60 years of working in the local, district, and regional tax offices of the Internal Revenue Service.
We know the exact system dealing with back IRS tax debt for individuals and for businesses.
Call us today for free initial tax consultation and speak to true AFFORDABLE IRS tax experts including tax lawyers, tax attorneys and former IRS.
How the Internal Revenue Service will deal with taxpayers that owe back IRS individual and payroll taxes.
Part of the IRS and State tax system in dealing with people who owe back individual and payroll taxes are to make determinations through financial statements.
Therefore a current financial statement is necessary.Professionals are your best choice of providing the necessary paperwork to get achieve results.
You will have to provide the IRS financial statement along with documentation and support to verify everything you put on the statement.
With that in hand, the Internal Revenue Service or the State will expect you to be current in the year with your tax deposits or ES payments or withholding taxes as well as having all tax returns filed.
After IRS reviews your financial statement, they will place you on one of two categories.
The Internal Revenue Service or the State of New York will either place you in to a:
1. uncollectible or hardship status, or
2. ask you to start making payments based on your ability to pay through the analysis of your income and expense review.
Remember that your current financial statement determines how the Internal Revenue Service will deal with your case so it’s important that a true tax professional deals and represent your best interest during this process.
Planning and timing is very important!
Call us today for a free initial tax consultation and we can walk you through the process to relieve yourself of owing IRS back tax debt in the pain that that causes.
We are A plus rated by the Better Business Bureau and have been in private practice since 1982.
We are individual payroll and state of New York tax experts.
If you are not making current payroll tax deposits it is wise to immediately start making current tax deposits so the Internal Revenue Service sees that you are making a true effort to redeem yourself.
Call us today and hear the truth. We are the affordable tax firm.
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by Fresh Start Tax | Sep 3, 2014 | Tax Help
The best way to get yourself out of IRS tax debt is to speak to former IRS agents and managers with over 60 years of combined work experience in the local, district, and regional tax offices of the IRS to fully resolve your tax debt problem.
We know the system. We are the Affordable Choice.
We are A plus rated – BBB
IRS tax debt relief
IRS has a very specific system to deal with taxpayers, businesses and corporations that over the Internal Revenue Service.
Before the Internal Revenue Service makes any determinations whatsoever they need to have a documented and verifiable financial statement before they will close or settle any IRS tax debt.
The Internal Revenue Service has different forms that they use for their financial statement but the two base forms are the 433F in the 433A.
When a taxpayer submits that financial statement to the Internal Revenue Service they will expect full documentation including the last three months worth of bank statements, copy of all monthly expenses, and the last month’s pay stubs.
IRS will analyze your financial statement against the national, regional, and localized norms for income and expenses.
You can find the acceptable standards on our website.
As a general rule, after the financial review the IRS has one of 2 categories taxpayers businesses or corporations may be placed into.
- The Internal Revenue Service may determine your current hardship and put your case and to the non-collectible file where it remains for a couple years until it comes back out for review.
- The Internal Revenue Service may let you know that you must make monthly payments based on your income and expense analysis.
The Internal Revenue Service may suggest the filing of an offer in compromise because they feel that you are a viable candidate for the tax debt settle program.
You can call or email us today and we will completely review your financial statement and walk you through the process of getting IRS tax debt relief and settling your IRS tax debt if you’re a qualified candidate.
The offer in compromise program is not for everybody.
You must know the system.
As former IRS agents we have worked thousands of cases and understand the complete working system to settle your IRS tax debt.
just as a side note, all taxpayers when contacting IRS would be required to file all tax returns. If that’s an issue we can prepare your tax returns within days with little or no records.
IRS Tax Debt Relief * Settle Tax Debt* *IRS Back Taxes Settlement* * Affordable Former IRS* New York, NY
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by Fresh Start Tax | Aug 19, 2014 | Tax Help
We are a AFFORDABLE full service tax firm that specializes in IRS tax relief.
We are comprised of tax attorneys, certified public accountants, and former IRS agents and managers with over 206 years of professional tax experience.
We have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
All our work is done in-house by an a for a per professional staff.
IRS Tax Relief by former IRS Agents
Back tax returns
Over 16 million taxpayers do not file annual tax returns and as a general rule once you do not file the first return, it snowballs.
Many taxpayers without records.
If you need to file all back tax returns and work out a tax settlement at the same time, call us we can do this in one easy process.
Make payments
If you have an IRS tax debt and you need to make a payments, contact us today and we will make will contact the Internal Revenue Service and have a payment plan that you can live with and get this IRS debt off your mind.
Settling Tax Debt
Settling IRS tax debt is called the filing of an offer in compromise.
As a former IRS revenue officer I was an offer in compromise specialist and understand the protocols of settling your debt for the lowest dollar possible if you are eligible and suitable candidate for offer in compromise..
If the IRS is sent out a tax levy, contact us today within 24 hours of receiving your current financial statement we can get your levy released and your case closed.
Contact us for a free initial tax consultation and you will be able to speak to true IRS tax expert.
We are A+ rated by the Better Business Bureau.
IRS Tax Debt Relief – Back Tax Returns, Make Payments, Settle Tax, Tax Levy – Newark, Jersey City, Paterson
by Fresh Start Tax | Jun 30, 2014 | Tax Help
We are a team of Former IRS Agents and Managers who have over 60 years of direct IRS Experience in the local, district, and regional tax offices of the IRS.
As a result of our 60 years with Internal Revenue Service we know the complete system, the protocols and the procedures of IRS to give taxpayers IRS tax debt relief.
For those taxpayers who need to file back tax returns we can do so with little or no records and settle your case all at the same time.
We have been in private practice since 1982 and are A+ rated by the Better Business Bureau.
You can contact us today for free initial tax consultation.
It only makes sense to hire former IRS agents and managers who know the complete inner workings of the Internal Revenue Service.
New IRS Tax Relief Debt – through the OIC
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 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 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 requests.
The National Standard miscellaneous allowance has been expanded. Taxpayers can use the allowance to cover expenses such as credit card payments and bank fees and charges.
Contact us today for free initial tax consultation and you can speak directly to a former IRS revenue officer who worked and taught the offer in compromise program.
We are A+ rated by the Better Business Bureau and have been in private practice since 1982.
IRS Tax Debt Relief, File Back Tax Returns * Affordable Fast IRS Relief* Auburn, Biddeford, Augusta, South Portland/Gardens
by Fresh Start Tax | Dec 3, 2012 | IRS Tax Debt, New Jersey Tax, Tax Lawyer, Tax Relief
IRS Tax Debt Relief – Tax Resolution – Tax Attorneys, Former IRS
Have former IRS Agents, Managers and Instructors completely resolve your IRS tax debt and get you a permanent tax resolution.
We have over 205 years of professional IRS and State Tax Experience and over 60 years of direct work experience at the IRS. We taught Tax Law at the IRS.
We are affordable and friendly.
Different Ways to Resolve your case with the IRS
There is a very specific process that the IRS uses to close all outstanding tax debt off of the CADE 2 enforcement computer.
IRS will require a base financial statement. Depending where your case is in the system IRS will either require a 433A or a 433 F financial statement.
In each case the financial statement will need to be fully documented.
Documentation will include but limited to 6 months of bank statements, bills or expenses and proof of income. IRS will compare your expenses to the National and Regional Standards. You can observe those on our website.
The three normal closing methods used by the IRS after a review of the documented financial statement are the following:
1. You will qualify for a IRS Hardship,
2. You will qualify for a IRS installment payment,
3. You will be eligible for a tax settlement.
Before you decide whether a tax settlement is right for you, make sure you are eligible.
Before the 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 in compromise.
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). You can find this on our website.
a. Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms,
b. Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
c. $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:
1. Lump Sum Cash.
Submit an initial payment of 20 percent of the total offer amount with your application. You will wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.
2. Periodic Payment.
You will submit your initial payment with your application.You should 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.
If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer.
Understand the offer in compromise process
While your offer in compromise is being evaluated:
1. Your non-refundable payments and fees will be applied to the tax liability,
2. A Notice of Federal Tax Lien may be filed by the IRS,
3. Other IRS collection activities are suspended,
4. The legal assessment and collection period is extended;
5. Make all required tax payments associated with your offer,
6. You are not required to make payments on an existing installment agreement or payment plan and,
7. Your offer in compromise is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
IRS Tax Debt Relief – Tax Resolution – Tax Attorneys, Former IRS Essex, Morris, Bergen, Passaic, Union – New Jersey
