by Fresh Start Tax | Dec 3, 2018 | Tax Help
Michael Sullivan IRS & State Tax Debt Expert, File & Settle Your Tax Debt all At the Same Time, Christian IRS Tax Experts <><
We are a Christian tax firm that specializes in the offer in compromise in the various ways to settle your back tax debt with the Internal Revenue Service.<><
Since 1982 we have been resolving IRS and state tax debt nationwide. We are the premier Christian tax experts in the US and have over 200 years of direct tax experience and over 100 years of working directly for the Internal Revenue Service and the local, district and regional offices of the IRS.
Proverbs 12:15
The way of a fool is right in his own eyes, but a wise man listens to advice.
Proverbs 11:14
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
I am a former IRS agent and teaching instructor with the Internal Revenue Service.
When I was employed by the Internal Revenue Service I work the offer in compromise program.
PROGRAMS: There are three general programs to settle your tax debt, the offer in compromise, the payment agreement and the hardship program but before IRS accepts any of these programs you must have all your tax returns filed and up-to-date.
We can prepare all back tax returns with or without records get them on the IRS computer and settle your tax debt all at the same time.
As a result, we know all the inside secrets the methodologies and all the back tax programs to settle back taxes available.
Not only did I accept and reject offers in compromise, I was also a teaching instructor at the service center to help qualified revenue officers decide which offers to accept and reject.
Given the above information, I can tell you I am a true expert for the IRS offer in compromise and I wish to explain to you whether an offer in compromise is a viable option for you.
Due to social media, marketing and advertising the assumption by the general public is that IRS can settle tax debt for pennies on the dollar.
Let me first let you know that IRS does accept offers in compromise and as a matter of fact last year approximately 32,000 offers in compromise were accepted out of the 78,000 that were filed.
That number varies from year to year but the percentages usually remain the same of acceptability.
The average settlement was $9500 per case but remember that is just an average in not everybody can settle their tax debt for $9500.
There is much information you need to know before you go off filing an offer of compromise and giving your money to some firm to try to pull off some amazing trick because you have been sold a bill of goods and bought in to some marketing ploy and they’ve convinced you are a settlement candidate.
The IRS Process:
It first starts with the review of your personal financial statement which is found on the 433 OIC.
When the offer in compromise gets sent in to the Internal Revenue Service it is met with the reviewer that make sure that you are truly qualified candidate for the offer in compromise program.
That reviewer checks the completed form to make sure it is a valid agreement. The offer in compromise is a legal document between you and the Internal Revenue Service.
If IRS were to accept the offer and the next day you win the lottery the accepted offer still stands.
Also reviewer make sure that all the documentation is attached so that the revenue officer who will work your offer in compromise can move forward.
Approximately one-third of all offers in compromise are sent back to the taxpayer because the offers are not filled out correctly or the appropriate documentation is not attached.
IRS will check to make sure all your tax returns are current and filed on the IRS system.
It is critically important you know that you must have all tax returns filed before IRS will process your offer.
You should know that the Internal Revenue Service rejects an offer before it accepts an offer. one of the basic rules is that the revenue officer is lazy and is easier to mark rejected then they go through all the work of accepting an offer in compromise.
I should know this is a former instructor of the offer in compromise I see many revenue officers simply send offers back because some of the eyes were not dotted in the T’s were not crossed.
Due to the volume of cases the IRS has, which is over 7500 cases waiting in the IRS Q, is far easier for the IRS to say no then to accept because an average of anywhere between 20 and 40 hours are spent on accepting the offer in compromise.
If you have an offer in compromise accepted, four signatures are generally required for signature as it goes up and down the chain.
So how do you know if the offer in compromise is right for you. Call for a free initial tax consultation and hear the truth from a true IRS tax debt settlement former agent.
The first place to go is to fill out the IRS pre-qualifier tool for the offer in compromise. Because of so many scrupulous tax companies that have been ripping people off, the IRS wanted to make sure the general public has a tool that they can use to find out if they are prequalified to file the offer in compromise to make sure it is a viable option.
It contains all the necessary information in regard to your income, your expenses and your assets and it predetermined for you whether the offer in compromise is even a viable option for you.
IRS will take a very close look at the liquidity of your assets, your current income, and your monthly expenses before it renders a decision as IRS wants to make sure it collects all the money from you that they can within the 10 year statutory period of time.
One of the questions the agent will want to consider is, can we collect more money over 10 years than accept the current agreement on the table for the IRS offer in compromise.
As a general rule, you will have to give IRS your total liquidity of all your assets before they will even consider the acceptance of an offer in compromise.
IRS on larger dollar cases is a tremendous amount of due diligence.
The IRS has a wealth of information on the various computers they can use to dig and find assets or income.
Why? you may ask is because all offers in compromise are open for public inspections at eight regional offices throughout the United States.
Your offer in compromise must be thoroughly documented which includes all your bank statements for the last six months to a year, all your pay stubs, all your monthly expenses along with certain documentation for assets that have value.
IRS also takes a look at the values of your pensions, your IRA, your business as well.
The offer in compromise is one of the most reviewed documents, it is like going through a mini audit.
Some of the due diligence that IRS will conduct on a larger dollar cases is checking Google, the accurate search engine, Department of Motor Vehicles, real estate records, insurance policies, credit reports, loan applications, insurance policies, and inter-government agency records including those garnered by Homeland security and other such agencies.
Before you contemplate filing the offer in compromise and wasting your money on a company that has promised you they can settle your case for pennies on the dollar, you would be wise to give us a call to have an actual former IRS agent and teaching instructor of the offer in compromise give you the green light.
You should also know if an offer in compromise is not except that you have the right to appeal it and if the appeal is not accepted you can file an offer at a later time.
When you call our office you will speak to true IRS tax experts who knows the system and can tell you what to expect and tell you how to settle for the lowest amount possible.
When you call our office will review every single back tax program available, and generally there’s three the hardship program the payment agreement program and the most popular back tax program the offer in compromise which completely settles your IRS tax debt but you must be a candidate that fits the IRS criteria.
Call us today for a free initial tax consultation, you will hear nothing but the truth from former IRS agents who know and understand the methodologies of the offer in compromise to make sure it is right for you.
IRS Tax Debt Relief Experts, File & Settle Tax Debt + Christian IRS Tax Experts + Greenville, Spartanburg, Anderson, Asheville
by Fresh Start Tax | Oct 31, 2018 | Tax Help
The chief way to settle your debt with the Internal Revenue Service is to file an offer in compromise. that is the program to settle with IRS.
There are many myths about the offer in compromise program. There are strict standards that the IRS employee before they accept an offer in compromise. I know because I’ve both accepted offers in compromise taught new employees to accept the offer in compromise or reject them and I know the system inside and out.
I suggest that every client or taxpayer before they file an offer in compromise either do one of two things.
Number one, call a true tax expert who knows the offer in compromise inside out or to fill out the IRS pre-qualifier tool for the offer in compromise.
If you’re calling a professional firm you want to make sure the representative has at least filed 100 offers. It takes a lot of experience and knowledge to get an offer in compromise through. some are very simple and don’t need a lot of experience while others demand. expertise skill level.
The Internal Revenue Service spends several hours, much more than you think to accept an offer in compromise. As a general rule, the average agent can spend between 20 to 40 hours to accept an offer in compromise.
After that takes place, the revenue officer must convince their local supervisor, the area manager, and the General Counsel of Internal Revenue Service to accept the offer.
It literally goes back and forth in the system. Some exceptions do exist. Dollar amount has a lot to do in the direction your offer will take.
Why? because all offers and compromise are a matter of public record.
That public record is available at eight regional IRS offices in the United States. Even though offers are open to public inspection only one person last year looked through the IRS offers in compromise files. IRS is not made electronic copies for review.
There is a base rule for Internal Revenue Service accepting an offer in compromise.
You must give IRS the total equity in all your assets before IRS will consider or contemplate the acceptance. Some exceptions exist, assets consist of houses, pension plans, stock, business valuations, IRS wants to make sure you’re actually borrowing the money to settle.
If you are interested in filing an offer in compromise you can call us today for a free initial tax consultation and I will walk you through the process of the true IRS debt settlement called the offer in compromise.
FACTS:
IRS last year accepted approximately 30,000 offers in compromise in approximately 75,000 were accepted. The average settlement was $9500.
Don’t let this average settlement fool you, it’s based on an average of all the offers accepted.
Offers in compromise are excepted by formula not by judgment.
The basic formula are the total value of your assets times what you have left over a month on a current income and expense statement times the number of months left in the statute. Some exceptions do apply
Due diligence that can be used by IRS.
You want to make sure your financial statement is accurate.
IRS has a host of web-based tools that can search your assets, places were you work, your income, your real estate records, your car records, your business records, insurance records , financial statement you’ve given institutions, credit reports and financial statements you’ve given the credit companies.
Make sure you are very honest in the submission of your offer in compromise
So what is an offer in compromise, a tax debt settlement
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.
IRS consider your unique set of facts and circumstances:
• Ability to pay;
• Income;
• Expenses; and
• Asset equity.
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.
The Offer in Compromise program is not for everyone.
If you hire a tax professional to help you file an offer, be sure to check his or her qualifications.
Make sure you are eligible
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.
Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.
Submit 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:
• 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.
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. If your offer is accepted, you will receive written confirmation. Any remaining balance due on the offer is paid 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.
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. See your application package for details.
Understand the process
While your offer 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.
If your offer is accepted
• You must meet all the Offer Terms listed in Section 8 of Form 656, including filing all required tax returns and making all payments;
• Any refunds due within the calendar year in which your offer is accepted will be applied to your tax debt;
• Federal tax liens are not released until your offer terms are satisfied; and
• Certain offer information is available for public review by requesting a copy of a public inspection file.
If your offer is rejected
• You may appeal a rejection within 30 days using Request for Appeal of Offer in Compromise, Form 13711 (PDF).
Have any questions, call us today for a free initial tax consultation and speak to a true IRS tax expert on how to settle an IRS tax debt with former IRS agents
by Fresh Start Tax | Oct 17, 2018 | Tax Help
How To Settle With the IRS + IRS Tax Debt Help from Former IRS Agent who explain the truth.
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 and the local South Florida offices.
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 + IRS Tax Debt Help + Ft. Lauderdale, Miami, Pompano, Boca Raton, Palm Beaches, Miramar, Pembroke Pines
by Fresh Start Tax | Oct 11, 2018 | Tax Help
We are a local South Florida tax firm that specializes in IRS tax debt relief. Since 1982 we have worked thousands of cases and nobody matches our experience. we are A+ rated.
We have worked thousands of cases since 1982 through every level of the Internal Revenue Service. We have worked in almost every single position in IRS collection and audit.
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.
NOBODY MATCHES OUR IRS EXPERIENCE, NOBODY!
On staff are former IRS agents, managers and teaching instructors who were supervisors and managers while working at the Internal Revenue Service. We have a whole team of professional experts that work at our firm. Your case is assigned to the tax expert that has the greatest area of expertise.
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. True IRS tax resolution should be handled by experienced veterans who work thousands of cases.
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.
Each case has its own unique set of circumstances so we will customize a specific plan of action based on your set of circumstances and financial matters. There are no two cases alike. Usually what is meant by unique set of circumstances are the financial conditions that exist of the time of negotiation with the Internal Revenue Service.
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.
The most popular program is the IRS offer in compromise because it settles your debt for pennies on the dollar but you must be sure you qualify for this type of settlement or you will waste your money.
People such as you have given thousands of dollars to companies promising the settlements but there are qualifiers that the taxpayer must be aware of before they throw their money at somebody. When you call most companies a salesperson picks up the phone but fresh start tax will have a true IRS tax expert talk to you about your situation.
As a former IRS agent in teaching and structure of the offer in compromise I can let you know well ahead of time whether your offer will have any chance of acceptance and will be able settle your debt for the lowest allowable amount allowed by law if you qualify. Whatever you do do not be fooled by other companies.
When you call other tax settlement companies you are usually speaking to a salesperson who doesn’t know beans about offers in compromise what is trying to upsell you on the settlement.
Offers in Compromise, the OIC, this is known as the pennies on a dollar program.
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. The pre-qualifier tool has been put there by Internal Revenue Service to make sure you are not ripped off by tax settlement companies.
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.
Also keep in mind your offer may be worked by any person throughout the United States.
About 20% of all offers in compromise go to the Appellate Division for settlement. Many times your best settlements occur when your case goes to the appellate division for review and the person needs to settle your case.
You should know that not everyone is an offer in compromise candidate to settle their tax debt.
There are many companies out there today advertising pennies on the dollar and if you are not a true qualified candidate you should not be giving your money to any firm.
The advice I give everyone is to speak to the person who is working your case and let them explain why you are a qualified candidate for the offer in compromise.
Make sure you are eligible for the OIC. Do not give your money to any company firm or otherwise until you know you are a qualified candidate.
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. When you are in a bankruptcy proceeding IRS literally freezes all activity on your account.
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.
Keep in mind IRS will process no offer in compromise until all documents are in the sent file.
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. This very rarely happens but from time to time you get lucky and win the lottery.
Other: 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.
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.
Tax Return Note:
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 offer in compromise 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.
If you submitted an offer in compromise and IRS finds your tax returns are not file they will return the offer to you.
We could prepare all back returns for you with little or no records. Please keep in mind that IRS can file your tax returns under 6020 B of the Internal Revenue Code.
The Internal Revenue Service keeps records for six years of all income source documents which means IRS has all your W-2s and 1099 s.
As former IRS agents we know the system and understand all the protocols to get you the very best result possible.
Our founder has been on FOX Business news as well as NBC. Mr. Sullivan is also contributed to Bloomberg news as well as the Wall Street Journal.
Best Tax Settlement Company + IRS Tax Debt Relief + Ft.Lauderdale, Miami, Palm Beaches, Boca Raton, Pembroke Pines, Miramar
by Fresh Start Tax | Oct 8, 2018 | Tax Help
Stop the Worry TODAY, Free initial tax consultation and we can get you back in the system, since 1982. Christian Tax Relief Firm.
Proverbs 11:14 <><
Where there is no guidance, a people falls, but in an abundance of counselors there is safety.
Proverbs 19:20-21 <><
Listen to advice and accept instruction, that you may gain wisdom in the future.
Being a former IRS agent and teaching instructor I can tell you there are very specific ways that IRS deals with unfiled tax returns.
IRS is very lenient on those who need file back tax returns which is approximately 14 million taxpayers. If you have unfiled, back, delinquent, past-due tax returns call one of the best rated IRS tax resolution companies in the nation.
MORE THAN 6 YEARS, SPECIAL NOTE:
Some of the things that you need to know from former IRS agents
Being a former IRS and being in the tax resolution business for over 40 years, this is a question that I have been asked hundreds and hundreds of times by taxpayers who have not filed multiple back tax years.
If you need any help in this area contact us today for free initial tax consultation and speak to former IRS agents.
We can file all your back tax returns and workout effective tax settlement. We know all the IRS systems for immediate and permanent IRS tax relief.
IRS Policy Statement 5-133
Delinquent returns—enforcement of filing requirements
Taxpayers failing to file tax returns due will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted.
However, if indications of wilfulness or fraud exist, the special procedures for handling such returns must be followed.
Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
Factors to be taken into account include, but are not limited to:
prior history of noncompliance,
existence of income from illegal sources,
effect upon voluntary compliance, anticipated revenue, and
collectibility, in relation to the time and effort required to determine tax due.
consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years.
Enforcement beyond such period will not be undertaken without prior managerial approval.
Also, if delinquency procedures are not to be enforced for the full six-year period of delinquency, prior managerial approval must be secured.
PLEASE BEWARE, IRS CAN FILE FOR YOU. When IRS files your tax return you will pay the highest amount allowed by law.
26 U.S. Code § 6020 – Returns prepared for or executed by Secretary
(a) Preparation of return by Secretary
If any person shall fail to make a return required by this title or by regulations prescribed thereunder, but shall consent to disclose all information necessary for the preparation thereof, then, and in that case, the Secretary may prepare such return, which, being signed by such person, may be received by the Secretary as the return of such person.
(b) Execution of return by Secretary
(1) Authority of Secretary to execute return
If any person fails to make any return required by any internal revenue law or regulation made thereunder at the time prescribed therefore, or makes, willfully or otherwise, a false or fraudulent return, the Secretary shall make such return from his own knowledge and from such information as he can obtain through testimony or otherwise.
(2) Status of returns
Any return so made and subscribed by the Secretary shall be prima facie good and sufficient for all legal purposes
When IRS prepares these tax returns they will allow you single with no exemptions dependence or deductions. You will pay the highest amount allowed by law.
You can undo this process by filing an original tax return in reducing your tax liability.
Don’t be afraid to file your back tax returns.
At some point in time IRS is going to catch up with you and most often it is better for you to contact them before they contact you.
As a former IRS agent you will find that IRS has little mercy on those who have purposely been avoiding filing and paying back taxes.
How can you settle with the Internal Revenue Service.
Before you settle with the Internal Revenue Service they would like to see a current financial statement on IRS form 433 . After a careful review of your current financial statement and the confirming documents you will submit which will include pay stubs in the last three months bank statements, IRS generally have three buckets of closing your open IRS collection case and settling your tax debt with the Internal Revenue Service.
General methods of closing after that review of your current financial statement IRS will include either placing you into a currently not collectible hardship situation, ask you for a monthly payment agreement or you could possibly qualify for an offer in compromise.
After review of your current financial statement we will make recommendations about the quickest, most affordable way to settle your debt with the Internal Revenue Service. We have settled thousands of cases. We know the ins and outs of the IRS system.
Contact us today and we can get you back in the system worry free. When you call our office you will speak to a true IRS tax expert in a Christian saved by grace.
So if you have any unfiled, back, delinquent tax returns call us today because we know the system. We are true IRS experts in this matter.
A side note, IRS keeps all records on file for six years. They have IRS source documentation to be able to show all 1099 and W-2 income from third-party sources.
You should also know that IRS can reconstruct your tax returns based on knowing where you lived and how much rent you paid.
Unfiled Tax Return Help + FILE & SETTLE IRS TAX DEBT + Affordable Christian Tax Relief Solutions
