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Owe Back Tax Debt To IRS/State Relief + Christian Tax Firm Company + CPA’s, Debt Settlement Company + Charlotte, Greensboro, Durham, Raleigh

by | Dec 17, 2018 | Tax Help

Fresh Start Tax

 

If you owe back taxes to the Internal Revenue Service you have several options to resolve your back tax debt. As a former local IRS agent, here are your options for relief.<><

 

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.

 

FACT: Millions of taxpayers owe back taxes every year to the Internal Revenue Service and best guess estimates show there’s anywhere between 5 to 10 million people who do not fully pay their income taxes when filed.

They generally fall into two categories of people, those who have not had sufficient withholding taken out or self-employed individuals who simply never made or did not have enough estimate payments made to the Internal Revenue Service to cover their tax debt.

Both find themselves on the short end of the stick when it comes to tax season.

Many of these taxpayers never bother to file a tax return when they find out they owe tax fearing the worst or retribution from the Internal Revenue Service.

Many of these people fear the IRS levy on their bank or their wages or the filing of a federal tax lien. So what do most of these people do, many put their head in the sand and don’t bother to go ahead and do anything about the inevitable debt. However at some point in time they are going to have to deal with Uncle Sam and many will receive a nasty gram.

The fear is not as bad as people think. You have different options to resolve your IRS back tax debt and keep IRS out of your life and out of your back pocket.

Here are your different options if you owe back tax debt to the Internal Revenue Service.

 

About 6.5 million taxpayers a year make monthly installment agreements. Some of these can come in the form of online agreements. the ones do not fit the online agreement category must give IRS a current financial statement documented along with copies of pay stubs bank statements and they must understand the necessary living expense standards set up by Internal Revenue Service.

IRS will require a financial statement which is generally on a 433F to be fully reviewed fully documented before making a determination on allowing them to make an installment agreement.

Others simply cannot pay their back taxes and will ask IRS to be put in a hardship or are currently not collectible status. Those individuals going in the status must understand that the tax debt will be reviewed again in two or three years and penalties and interest will still run on the debt the entire time it is an uncollectible status.

Others can file for an offer in compromise to settle their tax debt for pennies on a dollar. With that said you must be a truly qualified candidate for the offer in compromise program.

As a former IRS agent, I was a teaching instructor for the offer and you must make sure you are a qualified candidate and not give your money to any firm unless you know you have a fair amount a chance to get your offer accepted

If you have any questions regarding owing back tax debt and the best way to resolve it based on your current financial statement please call us today for a free initial tax consultation and we will review with you the various programs IRS has in detail so you fully understand what the best option for you based on your current financial conditions.

If you are hiring a tax firm or a tax defense resolution company to represent you make sure they have former IRS agents on staff.

Check the Better Business Bureau records find out the length of time they been in business and check out the complaint history.It’s up to do your due diligence on a company before hiring them.

And lastly speak to the person who may be working your case. call us today for a free initial tax consultation and hear the truth about owing back taxes to the IRS or state.

 

Owe Back Tax Debt To IRS/State Relief + Christian Tax Firm Company + CPA’s, Debt Settlement Company + Tax Experts

IRS/State Tax Debt Experts | File & Settle | Christian Debt Experts | Former IRS + Springfield, Little Rock, Pine Bluff, Knoxville

by | Dec 3, 2018 | Tax Help

Fresh Start Tax

Michael Sullivan IRS Tax Debt Expert, File & Settle Your Tax Debt all At the Same Time, Christian IRS Tax Experts <>< Since 1982

 

We are a Christian tax firm that specializes in the offer in compromise in the various ways to settle your back IRS or State tax debt.

 

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. 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/State Tax Debt Experts | File & Settle | Christian Debt Experts | Former IRS + Springfield, Little Rock, Pine Bluff, Knoxville

What You Need to Know About the Offer in Compromise, Former IRS Agent Explains

by | Nov 19, 2018 | Tax Help

Fresh Start Tax

 

As a former IRS agent and teaching instructor with the Internal Revenue Service I used to teach the offer in compromise program to agents that were qualified to both work to process and accept offers in compromise.

Therefore, I know the system inside and out and when you call our office we will review your case with you and let you know before hand whether we will process your offer in compromise and take the case on.

We will never take any offer in compromise on that we do not believe will settle with the IRS.

One of the reasons the offer in compromise is the best way to settle your back tax that is simple it reduces your debt for pennies on the dollar and it removes the federal tax lien from your credit records.

The offer in compromise is a much more complicated process than taxpayers can possibly imagine. Much time is put in to the acceptance of an offer in compromise and IRS goes through great lengths of due diligence before it accepts an offer in compromise.

Below you will find out different aspects of the offer in compromise program you may not have been aware of so take heed.

 

1. All offers in compromise that are accepted are open to public inspection at rate eight regional IRS offices across the United States.

Believe it or not, only one person reviewed accepted offers in compromise at one regional site and to date this year, no one has reviewed any accepted offers in compromise.

2. It is much easier for an IRS agent to reject an offer in compromise into accepting why?, just sheer laziness, matter of fact an agent will look to reject an offer in compromise first as to accept it. It takes a lot more work to accept an offer in compromise because all the managerial reviews required.

3. An average offer in compromise takes anywhere between 20 to 40 hours to accept because of all the due diligence that is necessary for the program.

4.  The offer in compromise group is a specialized group that goes through ask expansive training to understand the different nuances within the offer in compromise program and to make sure it legally can be accepted by the Internal Revenue Service.

5. The offer in compromise is a legal and binding contract between the taxpayer and the United States Department of treasury. it is wise for the taxpayer to become aware of the requirements if your offer is accepted. What I mean by this is that for the next five years you must pay all your taxes on time. Should you miss, your offer in compromise will kick back out to the field.

6. The smaller the dollar amount, the less work and effort is put into the offer in compromise. Large dollar cases require 2 to 3 times the amount of work that a small dollar case takes.

7. Last year, approximately one third of offers in compromise were accepted by the Internal Revenue Service. As a general rule, somewhere between 30 and 35,000 offers are accepted every year. The average settlement dollar is $9500 per offer. That dollar amount is misleading because it is an average and  is not really reflective because the OIC is based on a case-by-case basis.

8. The Internal Revenue Service has a number of financial search engines they use to check the offer in compromise for the validity of doing due diligence. They can use the Accuriant search engine, the Google search engine and internal governmental search engines such as LEXIS-NEXIS and other ones used by the Department of Homeland Security the FBI as well as other agencies to do checks.

9. Offers in compromise are accepted per formula. Therefore knowing the formula is the key to getting your offer in compromise accepted by the Internal Revenue Service. If you want to get your offer in compromise accepted you must go to an experienced tax practitioner who has worked at least 100 an offer in compromise to understand the complexity and the nature of the offer in compromise.

It only makes sense to have former IRS agents such as us who know the system inside and out to have the best chance to getting your offer accepted.

10. The base rule for the Internal Revenue Service is that you must give IRS your total liquid value as a base. The Internal Revenue Service generally will never accept anything less than your full liquid value. Also IRS is going to take a close look at your income versus your necessary living expenses ratios.

11. The average offer in compromise takes a minimum of nine months from the time their file to acceptance.

If you like to learn more call us today and we will review with you the offer in compromise program and find out if you’re a qualified candidate to get an offer in compromise accepted.

What You Need to Know About the Offer in Compromise, Former IRS Agent Explains

IRS Amnesty for Unfiled, Back, Delinquent Tax Returns Help = IRS Tax Debt Resolution Company

by | Oct 8, 2018 | Tax Help

Fresh Start Tax

Call us today for a free initial tax consultation and we can get you back in the system with the IRS worry free, since 1982.

 

Being a former IRS agent and teaching instructor I can tell you there are very specific ways that IRS deals with unfiled, back in delinquent tax returns.

IRS is very lenient on those who need file back tax returns which is approximately 14 million taxpayers. iI you have unfiled, back, delinquent, past-due tax returns call one of the best rated IRS tax resolution companies in the nation.

 

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:

1. 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.

Contact us today and we can get you back in the system will be free.

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.

IRS Amnesty for Unfiled, Back, Delinquent Tax Returns Help = IRS Tax Debt Resolution Company

Tax Lawyer – IRS Tax Resolution , IRS Tax Experts – Ft.Lauderdale, Miami – South Florida

by | Mar 5, 2013 | Tax Help

 

Tax Lawyer – IRS Tax Resolution , IRS Tax Experts  Ft.Lauderdale, Miami – South Florida    954-492-0088

 
We are comprised of Local Tax Lawyer Attorneys, CPAs, Enrolled Agents, and former IRS agents, managers and instructors who worked in the local South Florida IRS offices.
Our firm has over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service as agents, managers, appeals agents and former IRS personnel who taught tax law at the IRS.
If you have any IRS tax situation and need help in IRS tax resolution contact us for a free IRS tax consultation today. You will speak directly to tax lawyer attorneys, CPAs, or former IRS agents.
As a result of her years of experience and knowledge of the Internal Revenue Service we can offer you a variety of options and solutions to best remedy your situation.
Do not be stressed or worried, let us take the worry out  and stress out of your the situation.
On any matters that pertain to attorney-client privilege you will be directed only to our tax attorney lawyers.
When hiring a tax lawyer the best advice that we can give you is to make sure you interview the person that will be handling your sensitive IRS tax issues.
Call us today for free tax consultation or come and visit our offices so you can find out who are some of the best IRS tax resolution experts in the South Florida Miami and Fort Lauderdale area.
 

Areas of Professional Tax Practice:

 

  • Same Day IRS Tax Representation
  • Offers in Compromise or IRS Tax Debt Settlements
  • Immediate Release of IRS Bank Levies or IRS Wage Garnishments
  • Tax Relief from a IRS Bill, Letter or Notice of “Intent to Levy”
  • IRS Tax Audits
  • IRS Hardships Cases or Unable to Pay
  • Payment Plans, Installment Agreements, Structured agreements
  • Abatement of Penalties and Interest
  • State Sales Tax Cases
  • Payroll / Trust Fund Penalty Cases / 6672
  • Filing Late, Back, Unfiled Tax Returns
  • Tax Return Reconstruction if Tax Records are lost or destroyed

 

Our Company Resume: ( Since 1982 )

 

  • Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
  • On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
  • We taught Tax Law in the IRS Regional Training Center
  • Former IRS Agents, Managers and Instructors with over 60 years experience  in the local, district and regional IRS offices.
  • Highest Rating by the Better Business Bureau  “A”
  • Fast, affordable, and economical
  • Licensed and certified to practice in all 50 States
  • Nationally Recognized Veteran /Published  Former IRS Agent
  • Nationally Recognized Published EZINE Tax Expert
  • As heard on GRACE Net Radio.com – Monthly Radio Show-Business Weekly
  • Tax Lawyer Experts, Tax Resolution Experts

 

New Penalty Relief  Initiative by the Internal Revenue Service

 

The IRS announced plans for new penalty relief for the unemployed on failure-to-pay penalties, which are one of the biggest factors a financially distressed taxpayer faces on a tax bill.

To assist those most in need, a six-month grace period on failure-to-pay penalties will be made available to certain wage earners and self-employed individuals. The request for an extension of time to pay will result in relief from the failure to pay penalty for tax year 2011 only if the tax, interest and any other penalties are fully paid by Oct. 15, 2012.

 

The penalty relief will be available to two categories of taxpayers:

 

Wage earners who have been unemployed at least 30 consecutive days during 2011 or in 2012 up to the April 17 deadline for filing a federal tax return this year.

Self-employed individuals who experienced a 25 percent or greater reduction in business income in 2011 due to the economy.

 

This IRS penalty relief is subject to income limits.

 

A taxpayer’s income must not exceed $200,000 if he or she files as married filing jointly or not exceed $100,000 if he or she files as single or head of household.

This penalty relief is also restricted to taxpayers whose calendar year 2011 balance due does not exceed $50,000.

Taxpayers meeting the eligibility criteria will need to complete a new Form 1127A to seek the 2011 penalty relief.

The failure-to-pay penalty is generally half of 1 percent per month with an upper limit of 25 percent.

Under this brand new  IRS relief, taxpayers can avoid that penalty until Oct. 15, 2012, which is six months beyond this year’s filing deadline.

However, the IRS is still legally required to charge interest on unpaid back taxes and does not have the authority to waive this charge, which is currently 3 percent on an annual basis.

Even with the new penalty relief becoming available, the IRS strongly encourages taxpayers to file their returns on time by April 17 or file for an extension. Failure-to-file penalties applied to unpaid taxes remain in effect and are generally 5 percent per month, also with a 25 percent cap.

 

Tax Lawyer – IRS Tax Resolution , IRS Tax Experts – Ft.Lauderdale, Miami – South Florida