The Internal Revenue Service may have money for you. Was your income below the limit that requires you to file a tax return? If so, you may still be due a refund.
If you have not filed a prior year tax return and are due a refund, you should consider filing the return to claim that refund. If you are missing a refund for a previously filed tax return, you should contact the IRS to check the status of your refund and confirm your current address.
Unclaimed Refunds
Some people may have had taxes withheld from their wages but were not required to file a tax return because they had too little income. Others may not have had any tax withheld but would be eligible for the refundable Earned Income Tax Credit.
To collect this money a return must be filed with the IRS no later than three years from the due date of the return.
If no return is filed to claim the refund within three years, the money becomes the property of the U.S. Treasury.
There is no penalty assessed by the IRS for filing a late return qualifying for a refund.
Current and prior year tax forms and instructions are available on the Forms and Publications page of IRS.gov or by calling 800-TAX-FORM (800-829-3676).
Information about the Earned Income Tax Credit and how to claim it is also available on IRS.gov.
Undeliverable Refunds
Were you expecting a refund check but didn’t get it?
Refund checks are mailed to your last known address. Checks are returned to the IRS if you move without notifying the IRS or the U.S. Postal Service.
You may be able to update your address with the IRS on the ?Where?s My Refund?? feature available on IRS.gov. You will be prompted to provide an updated address if there is an undeliverable check outstanding within the last 12 months.
You can also ensure the IRS has your correct address by filing Form 8822, Change of Address, which is available on IRS.gov or can be ordered by calling 800-TAX-FORM (800-829-3676).
If you do not have access to the Internet and think you may be missing a refund, you should first check your records or contact your tax preparer. If your refund information appears correct, call the IRS toll-free assistance line at 800-829-1040 to check the status of your refund and confirm your address.
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Remove IRS Penalties and Interest * 1-866-700-1040 * Hire Former IRS Agents
Does Reasonable Cause exist? The best way to get penalties and interest abated in dealing with the IRS is to hire former IRS agents who use to actually abate or remove penalties and interest when they worked for the IRS. It only makes sense. These former agents know all the rules and regulations. Fresh Start Tax have several former IRS agents whose job it was while they worked at IRS was to remove or abate penalties and interest. The are no magical formulas. Just experience. Just real experts. Reasonable Cause as defined by the Internal Revenue Service Here are some of the questions you will be ask to talk about in your affidavit .
Taxpayers have reasonable cause when their conduct justifies the non-assertion or abatement of a penalty. Each case must be judged individually based on the facts and circumstances at hand. Consider the following in conjunction with specific criteria identified in the remainder of this subsection:
What happened and when did it happen?
During the period of time the taxpayer was non-compliant, what facts and circumstances prevented the taxpayer from filing a return, paying a tax, and/or otherwise complying with the law?
How did the facts and circumstances result in the taxpayer not complying?
How did the taxpayer handle the remainder of their affairs during this time?
Once the facts and circumstances changed, what attempt did the taxpayer make to comply?
Getting penalties and interest abated or removed from the IRS is an art. You have one chance at getting it right. Hire the Tax professionals who job it was to actually abate penalties and interest while they worked at IRS. Why would you hire someone else. Fresh Start Tax, check us out on the web. www.freshstarttax 1-866-700-1040 Highest rating given by the Better Business Bureau
IRS : Do You Need to Amend Your Return? 1-866-700-1040
If you need to amend your Income tax return or any other tax return, call the professional tax team of Fresh Start Tax. 1-866-700-1040. Fresh Start Tax is one of the finest tax resolution companies in the United States and they are licensed to prepare and represent individuals and businesses in all 50 States. They have the highest BBB rating that is available. There team of experts have been in the tax business for over 28 years and have over 100 years of combined experience in the tax industry . They have many former IRS Agents on staff and cannot only amend your tax return but work out an deals necessary if you owe a balance to IRS. Here are some tax tips for you:
Tax Tips for amending Tax Returns:
If you forgot to include some income or to take a deduction on your tax return ? you can correct it by amending your tax return.
In some cases, you do not need to amend your tax return. The Internal Revenue Service usually corrects math errors or requests missing forms ? such as W-2s or schedules ? when processing an original return. In these instances, do not amend your return.
However, you should file an amended return if any of the following were reported incorrectly:
Your filing status
Your dependents
Your total income
Your deductions or credits
You may also elect to amend your 2009 return if you are eligible to claim the first-time homebuyer credit for a qualified 2010 home purchase. The amended tax return will allow you to claim the homebuyer credit on your 2009 return without waiting until next year to claim it on the 2010 return.
Use Form 1040X, Amended U.S. Individual Income Tax Return, to correct a previously filed Form 1040, 1040A or 1040EZ. Be sure to check the box for the year of the return you are amending on the Form 1040X, Line B. If you are amending more than one tax return, prepare a 1040X for each return and mail them in separate envelopes to the appropriate IRS processing center.. The 1040X instructions list the addresses for the centers.
The newly revised Form 1040X (Rev. January 2010) now has only one column used to show the corrected figures. There is an area on the front of the form where you explain why you are filing Form 1040X.
If the changes involve other schedules or forms, attach them to the Form 1040X. For example, if you are filing a 1040X because you have a qualifying child and now want to claim the Earned Income Credit, you must attach a Schedule EIC, Earned Income Credit to show the qualifying person’s name, year of birth and Social Security number.
If you are filing to claim an additional refund, wait until you have received your original refund before filing Form 1040X. You may cash that check while waiting for any additional refund. If you owe additional tax for 2009, you should file Form 1040X and pay the tax as soon as possible to limit interest and penalty charges. Interest is charged on any tax not paid by the due date of the original return, without regard to extensions.
Generally, to claim a refund, you must file Form 1040X within three years from the date you filed your original return or within two years from the date you paid the tax, whichever is later. Fresh Start Tax 1-866-700-1040 www.freshstarttax Free video conferencing available Skype password: Freshstarttax
Need to file Back IRS Tax Returns 1-866-700-1040 former IRS AGENTS and AUDITORS
We file back tax returns and get you back into the system unnoticed. We will work out a payment agreement or settle your tax debt so it meets the IRS standard.
Our firm is comprised of:
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We have an A plus rating with the BBB and are licensed to practice before the IRS.
If you need to file back returns, contact Fresh Start Tax. Former IRS Agents who have been preparing thousands of unaudited tax returns can help you file solidly and correctly. Former IRS agents understand the IRS computer system and know how the internal system of the IRS works. Years of experience can most likely keep your returns from being audited. This is very helpful to the taxpayer if you have unusual things that may show up on your tax returns. Our team will place an explanation on the return to keep it out of an audit position.
Taxpayers should be very careful and go to a preparer with a CAF number and one who signs the tax return. Be very careful about getting large unwarranted refunds, they are sure signs of tax fraud.
Tax tips: Scams
Tax Scams to Avoid this Summer
The Internal Revenue Service issues a list of the top 12 tax scams each year ? known as the Dirty Dozen. The scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. These scams don’t just happen during the tax filing season, they can happen anytime during the year. Here are five scams from the 2010 Dirty Dozen list every taxpayer should be aware of this summer.
Phishing. Phishing is a tactic used by scam artists to trick unsuspecting victims into revealing personal or financial information in an electronic communication. Scams can take the form of e-mails, tweets or phony websites and they try to mislead consumers by telling them they are entitled to a tax refund from the IRS and they must reveal personal information to claim it. Regardless of how official this e-mail may look and sound, the IRS never initiates unsolicited e-mail contact with taxpayers about their tax issues. Phishers use the personal information obtained to steal the victim’s identity, access bank accounts, run up credit card charges or apply for loans in the victim’s name. If you receive an e-mail that you suspect is a phishing attempt or directs you to an imitation IRS website, please forward it to the IRS at phishing@irs.gov. You can also visit IRS.gov and enter the keyword phishing for additional information.
Return Preparer Fraud. Dishonest tax return preparers can cause trouble for taxpayers who fall victim to their ploys. Such preparers are skimming a portion of their client’s refunds, charging inflated fees for tax preparation or are attracting new clients by promising refunds that are too good to be true. To increase confidence in the tax system, the IRS is requiring all paid return preparers to register with the IRS, pass competency tests and attend continuing education.
Hiding Income Offshore. Taxpayers have tried to avoid or evade U.S. income tax by hiding income in offshore banks and brokerage accounts. IRS agents continue to develop their investigations of these offshore tax avoidance transactions using information gained from more than 14,700 voluntary disclosures received last year. Taxpayers also evade taxes by using offshore debit cards, credit cards, wire transfers, foreign trusts, employee-leasing schemes, private annuities or life insurance plans.
Abuse of Charitable Organizations and Deductions. The IRS continues to observe the misuse of tax-exempt organizations. This includes arrangements to improperly shield income or assets from taxation and attempts by donors to maintain control over donated assets. The IRS also continues to investigate various schemes where donations are highly overvalued or the organization receiving the donation promises that the donor can purchase the items back at a later date at a price the donor sets.
Frivolous Arguments. Promoters of frivolous schemes encourage people to make unreasonable and outlandish claims to avoid paying the taxes they owe. If a scheme seems too good to be true, it probably is. The IRS has a list of frivolous legal positions that taxpayers should avoid on IRS.gov. These arguments are false and have been thrown out of court.
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Are you being audited by the Department of Revenue or the IRS? Let the experienced professionals at Fresh Start Tax help you to resolve your problem today.
We have the following experts on our tax team:
Local South Florida Professionals
Board Certified Tax Attorneys
Former IRS Agents and Managers as well as former instructors
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Here is what our services include at Fresh start Tax:
Audit Assistance. Our Tax Team helps the taxpayer or business understand the position taken by taxing agents, whether it be the Department of Revenue or the Internal Revenue Service, through an audit request and assists our clients in preparing an audit response. We can also help prepare any unfiled returns or back years.
We review the tax government agencies notice or inquiry and explain what it means
We attempt to limit the scope of the investigation
We research issues involved including possible tax court decisions by our legal staff
Assist our clients in assembling documents and records for the audit in a neat and professionally organized manner
Explain to the client what to expect during the audit
Review the audit/government findings and explain them to the client
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