SETTLE IRS DEBT- Manhattan, New York City – Affordable Tax Attorneys, CPAs, Former IRS Agents – NEW YORK, NYC

by steve | Jul 7, 2011 | IRS Tax Advice, Tax News

We are Former IRS agents that know the system. We are the Affordable Tax Firm.

Fresh Start Tax L.L.C.      A Professional Tax Firm     Since 1982      IRS Tax Experts   “A” Plus Rated by the Better Business Bureau

Do you need to Settle an IRS Tax Debt?

We know all the tax settlement strategies because we taught Tax Law at the IRS.

Hire Former IRS Agents, Managers and Instructors that taught the Tax Debt Settlement Program at the IRS called the Offer in Compromise. We taught Tax Law at the IRS for over 60 years.

Areas of Tax Practice:

• Immediate  IRS Tax Representation
• Offers in Compromise/ IRS Tax Debt Settlement
• Immediate Release of Bank Garnishments or Wage Levies
• IRS Bill/Notice of “Intent to Levy” or Final Notices
• IRS Tax Audits Small and Large Dollar
• Hardships Cases / Unable to Pay
• Payment Plans, Installment Agreements
• Innocent Spouse Relief
• Abatement of Penalties and Interest
• State Sales Tax Cases
• Payroll/ Trust Fund Penalty Cases

Our Company Resume: ( Since 1982 )

• Our staff has over 205 years of professional IRS tax representation experience collectively
• On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
• Former IRS Managers, Instructors and Trainers
• Highest Rating by the Better Business Bureau “A”
• Fast, affordable, and economical
• Licensed to practice in all 50 States
• Certified by the Internal Revenue Service
• Nationally Recognized Veteran Former IRS Agent
• Nationally Recognized Published Tax Expert
• As heard on 90.3 FM Monthly Radio Show-Business Weekly

How we Settle and Negotiate your case with the Internal Revenue Service:

1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to them.

2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records.

3. The IRS requires a current financial statement. We will secure a required 433-A (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.

4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.

Settlement agreements can be in different forms:

a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.

b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.

c. Offer in Compromise. There are three types of OICs:

The IRS may accept an Offer in Compromise based on three grounds:

1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.

2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:

(1) the examiner made a mistake interpreting the law,

(2) the examiner failed to consider the taxpayer’s evidence or

(3) the taxpayer has new evidence.

3. Effective Tax Administration – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.

Why Hire Fresh Start Tax, LLC?  We tell you the truth!

1. Fresh Start Tax is a National Tax Firm whose principles have been practicing Tax Law since 1982.

2. On staff are Board Certified Tax Attorneys, CPAs and Former IRS Agents, Managers and Instructors.

3. Former IRS Agents/Managers will review, manage, represent and close your IRS Tax Case for the best settlement possible.

4. We are one of the most experienced and trusted Professional Tax Firms with over 163 years of tax experience.

5. We have an “A” Rating from the Better Business Bureau.

SETTLE IRS DEBT- Manhattan, New York City – Affordable Tax Attorneys, CPAs, Former IRS Agents – NEW YORK