by Fresh Start Tax | Mar 7, 2013 | Tax Levy and Wage Garnishments
IRS Tax Levy, Wage Garnishments – FAST RELEASES – Former IRS Agents, Miami, Ft.Lauderdale, Palm Beaches 954-492-0088
IRS files 3.8 million Tax Levies each year, staggering.
We are comprised of tax attorneys, CPAs, enrolled agents, and former IRS agents managers and instructors.
With over 60 years of direct work experience and knowledge of the Internal Revenue Service we can obtain fast releases of IRS tax levies, bank levies and IRS wage garnishment’s. We can also settle your tax case.
There’s a very structured format used in the process to getting fast releases of tax levies and getting your money back in your hands.
We have released thousands of levy since 1982 and we know the exact process to make this work for you.
Do not be worried or stressed contact us today and we can start the process.
What IRS will require to release an IRS Tax Levy, Wage Garnishment, Bank Levy
IRS will require a current financial statement that is fully documented along with the last six months of verified income and verified expenses. IRS will require this on a form 433-For 433-A.
IRS will also check on your current tax returns to make sure your tax returns are up to date with the Internal Revenue Service and to make sure you are having proper withholding being taken out.
As a general rule when IRS releases the IRS tax Levy, IRS Bank Levy or IRS Wage Garnishment ,IRS will close case in one of three closing methods:
IRS will either put your case into:
1.an economic tax hardship,
2.enter you into an installment or payment agreement, or
3 .recommend that you file an IRS offer in compromise.
Contact us today and we will go over all your tax options with you. 954-492-0088
We are affordable and A+ rated by the Better Business Bureau.
We have 206 years of professional tax experience and we are the go to firm in South Florida for all IRS matters, problems and tax resolutions.
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
- Fast Releases of IRS Tax Levy, Wage Garnishment
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
FAST RELEASES – IRS Tax Levy, Wage Garnishments – Former IRS Agents, Miami, Ft.Lauderdale, Palm Beaches
by Fresh Start Tax | Mar 7, 2013 | Offer in Compromise
Settling a Tax Bill, Offer in Compromise , Settlement Experts, Former IRS 1-866-700-1040
IRS settles 25% of all offers submitted to the IRS government agency. The average settlement on the offer in compromise is $.14 on a dollar.
Have former IRS agents evaluate your offer in compromise to settle your tax bill for no cost.
We have over 60 years of direct work experience at the Internal Revenue Service and the local, district, and regional offices of the Internal Revenue Service.
We have not only taught tax law but we also taught the offer in compromise to IRS agents who specialize in this area of the law.
Call us today for free initial consultation and see if you qualify for the settlement of your Tax Bill.
If you want to settle a tax bill who better to call then former IRS agents, managers and instructors who taught tax law at the Internal Revenue Service. We are experts in the settling of a tax bill also known as the filing of an offer to compromise.
Much is written about Settling a Tax Bill
Much is written about settling for pennies on a dollar but each taxpayer should find out the facts before actually filing for the offer in compromise. IRS has very specific formulas that they use and I would caution any taxpayer to have their case fully reviewed by a tax professional before settling in the IRS offer in compromise to settle a tax bill.
Being a former IRS agent and offer in compromise specialist about you should know that 95% of all offers get filed by taxpayers without a professional review get rejected on their very surface because they do not meet the requirements of the filing of the offer.
You should note, IRS does not care about the circumstances, emotional concerns, or psychological problems that a taxpayer is going through. IRS is only concerned about two things. IRS is concerned about your assets and your income.
The offer in compromise qualifier
You can find on our website a qualifier which you can actually walk through yourself to find out whether you can settle your tax bill by the filing of an offer. Simply go to the homepage and click on IRS forms. Under IRS forms you will find you will find the qualifier.
Settling a tax bill by using the offer in compromise
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.
The Internal Revenue Service will c consider your unique set of facts and circumstances:
a. Ability to pay;
b. Income;
c. Expenses; and
d. Asset equity.
The Internal Revenue Service will generally approve an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time.
It is best to explore all other payment options before submitting an offer in compromise. The Offer in Compromise program is not for everyone.
If you hire a tax professional other than fresh start tax to help you file an offer, be sure to check his or her qualifications. Make sure you check out the better business bureau ratings and the number of complaints that could be filed against the company.
Make sure you are eligible to file an Offer in Compromise to settle your tax bill
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).
Your completed offer in compromise package package will include:
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.
Selecting a payment option to settle a tax bill
Your initial payment will vary based on your offer and the payment option you choose:
Lump Sum Cash payments.
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.
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.
Low Income Certification Guidelines
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 in compromise is being evaluated:
1. 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),
2. A Notice of Federal Tax Lien may be filed;
3. Other IRS collection activities are suspended;
4. The legal assessment and collection period is extended;
5. Make all required payments associated with your offer in compromise;
6. You are not required to make payments on an existing installment agreement and,
7. Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
Remember, it is critical that your offer in compromise is pre-qualified before sending it in to the offer specialist. The downside to all of this is that if your offer in compromise is rejected, the IRS has an asset tool to easily go when and collect money because of the disclosures you’ve made on the financial statement.
Call us today and let former IRS agents and managers determine your best course of action and review the different tax options you have to settle your case.
Settling a Tax Bill, Offer in Compromise – Settlement Experts, Former IRS
by Fresh Start Tax | Mar 6, 2013 | Income Tax Preparation
Professional Income Tax Preparation, Former IRS – Ft.Lauderdale, Miami, Since 1982 954-492-0088
We have been preparing income tax returns in South Florida since 1982.
We are comprised of tax attorneys, lawyers, certified public accountants, enrolled agents and former IRS agents, managers and tax instructors.
We have over 60 years of direct work experience in the local South Florida IRS offices. As well as working in the local office we also worked in both the district and regional offices of the Internal Revenue Service.
Call us today and we can help audit proof your return from the Internal Revenue Service and make sure you are paying the lowest amount allowed by law.
Because of our years with Internal Revenue Service we know all the regulations, tax codes, and tax procedures to ensure you pay the lowest tax possible.
In case of an IRS tax audit we will fully defend your tax return.
Call us today for a free consultation or come by and visit our offices.
We pride ourselves in building long-term relationships with all our clients and we also can do long-range planning for any of our taxpayers that have that need.
We are A+ rated by the Better Business Bureau we are very affordable. Come by and visit our friendly staff today.
Once again, we enjoy building a long-term relationship with each and every client we have.
Tax Tips from fresh start tax llc
Take Credit for Your Retirement
Saving for your retirement can make you eligible for a tax credit worth up to $2,000. If you contribute to an employer-sponsored retirement plan, such as a 401(k) or to an IRA, you may be eligible for the Saver’s Credit.
Here are points about the Saver’s Credit:
1. The Saver’s Credit is formally known as the Retirement Savings Contribution Credit. The credit can be worth up to $2,000 for married couples filing a joint return or $1,000 for single taxpayers.
2. Your filing status and the amount of your income affect whether you are eligible for the credit. You may be eligible for the credit on your 2012 tax return if your filing status and income are:
a.Single, married filing separately or qualifying widow or widower, with income up to $28,750
b.Head of Household with income up to $43,125
c. Married Filing Jointly, with income up to $57,500
3. You must be at least 18 years of age to be eligible. You also cannot have been a full-time student in 2012 nor claimed as a dependent on someone else’s tax return.
4. You must contribute to a qualified retirement plan by the due date of your tax return in order to claim the credit. The due date for most people is April 15.
5. The Saver’s Credit reduces the tax you owe.
6. Use IRS Form 8880, Credit for Qualified Retirement Savings Contributions, to claim the credit. Be sure to attach the form to your federal tax return. If you use IRS e-file the software will do this for you.
7. Depending on your income, you may be eligible for other tax benefits if you contribute to a retirement plan. For example, you may be able to deduct all or part of your contributions to a traditional IRA.
Professional Income Tax Preparation, Audit Proof your Tax Return ,- Former IRS – Ft.Lauderdale, Miami ,- Since 1982
by Fresh Start Tax | Feb 25, 2013 | Tax Help
Resolve IRS Issues – Tax Resolution Help – Former Local ex- IRS, Ft. Lauderdale, Miami, Palm Beaches 954-492-0088
Hire a local company you can trust. We have a A plus rating by the BBB.
If you need help resolving your IRS tax issue call us today for a free no cost professional tax consult.
You’ll speak directly to tax attorneys, CPAs or former IRS agents.
We have over 60 years of IRS work experience. We worked out of the local South Florida IRS offices as agents, managers, and tax instructors. We have over 205 years of professional tax experience and we can resolve any IRS issue or tax problem that you have. We are a full service tax firm with an expertise in tax resolution help.
You can come by and visit us today or call us and we can go over explore all the different tax options there are for you to resolve your IRS tax problem with tax issues.
Being former IRS agents and managers we know all the tax policies, tax codes, and tax procedures and therefore know all the solutions that can make this a both seamless and easy process for you.
We have resolved thousands of cases nationwide and we can help you resolve this worry and stress free.
Ask us about the new IRS Fresh Start Program or Fresh Start initiative and see if there is a easy solution there for you.
Nobody knows IRS better than former IRS agents, managers and tax instructors.
Stop the worry today. We are your local South Florida tax firm for resolving IRS issues and giving you tax resolution help.
Resolve Tax Issues with the new IRS fresh start program or fresh start initiative
Penalty relief Part of the initiative relieves some unemployed taxpayers from failure-to-pay penalties. Penalties are one of the biggest factors a financially distressed taxpayer faces on a tax bill.
The new Fresh Start Penalty Relief Initiative gives eligible taxpayers a six-month extension to fully pay 2011 taxes. However, interest still applies on the 2011 taxes from April 17, 2012 until the tax is paid, but you won’t face failure-to-pay penalties if you pay your tax, interest and any other penalties in full by Oct. 15, 2012.
Resolve IRS Issues – The penalty relief is available to two categories of taxpayers:
1. Wage earners who have been unemployed at least 30 consecutive days
during 2011 or in 2012 up to this year’s April 17 tax deadline.
2. Self-employed individuals who experienced a 25 percent or greater
reduction in business income in 2011 due to the economy.
Resolve IRS Issues, Tax Resolution Help – To qualify
To qualify for this penalty relief, your adjusted gross income must not exceed $200,000 if married filing jointly or $100,000 if your filing status is single, married filing separately, head of household, or qualifying widower.
Your 2011 balance due can not exceed $50,000.
Taxpayers who qualify need to complete a new Form 1127A to request the 2011 penalty relief.
Resolve IRS Tax Issues with Installment agreements.
An installment agreement is a payment option for those who cannot pay their entire tax bill by the due date. The Fresh Start provisions give more taxpayers the ability to use streamlined installment agreements to catch up on back taxes and also more time to pay.
The new threshold for requesting an installment agreement has been raised from $25,000 to $50,000. This option requires limited financial information, meaning far less burden to the taxpayer. The maximum term for streamlined installment agreements has been raised to six years from the current five-year maximum.
If your debt is more than $50,000, you’ll still need to supply the IRS with a Collection Information Statement (Form 433-A or Form 433-F). You also can pay your balance down to $50,000 or less to qualify for this payment option.
With an installment agreement, you’ll pay less in penalties, but interest continues to accrue on the outstanding balance. In order to qualify for the new expanded streamlined installment agreement, you must agree to monthly direct debit payments.
The IRS offer in compromise or the IRS tax debt settlement program
Offer in Compromise Under the first round of Fresh Start in 2011, the IRS expanded the Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
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.
The IRS recognizes many taxpayers are still struggling to pay their bills so the agency has been working on more common-sense changes to the OIC program to more closely reflect real-world situations.
Generally, an offer will not be accepted if the IRS believes that 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 make a determination regarding the taxpayer’s ability to pay.
Call us today for free tax consultation and speak directly to tax attorneys, CPAs or former IRS agents. We are friendly and have a great sense of humor.
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
- Resolve IRS Issues
- Tax Resolution Help
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
Resolve IRS Issues – Tax Resolution Help – Former Local ex- IRS, Ft. Lauderdale, Miami, Palm Beaches
by Fresh Start Tax | Feb 21, 2013 | Tax Help
Miami, Ft.Lauderdale – Back Taxes Help – Former IRS Agents 954-492-0088
If you need help with back taxes and you are located in the South Florida area your best source to get the very best representation is with former IRS agents, managers and tax instructors.
We worked out of the South Florida IRS offices for over 60 years.
We worked as agents, supervisors, instructors, and former IRS appellate agents. We know all areas of the Internal Revenue Service. Let our years of experience work for you. We are affordable and A+ rated by the Better Business Bureau.
On staff are tax attorneys, certified public accountants and enrolled agents. We have over 206 years a professional tax experience and we have been located in South Florida since 1982 involved in private practice.
We are one of the most experienced firms when it comes to back tax help in South Florida.
Come by and visit us come in for free professional tax consultation and you will speak directly to a tax attorney, certified public accountant, or former IRS agent.
The new IRS program called the fresh start initiative to help back tax issues
The Internal Revenue Service has expanded its “Fresh Start” initiative to help struggling taxpayers who owe taxes.
The following tips explain the expanded relief for taxpayers.
Penalty Relief Part.
The penalty relief part of the initiative relieves some unemployed taxpayers from failure-to-pay penalties.
IRS Penalties are one of the biggest factors a financially distressed taxpayer faces on a tax bill. The Fresh Start Penalty Relief Initiative gives eligible taxpayers a six-month extension to fully pay 2011 taxes. Interest still applies on the 2011 taxes from April 17, 2012 until the tax is paid, but you won’t face failure-to-pay penalties if you pay your tax, interest and any other penalties in full by Oct. 15, 2012.
The penalty relief is available to two categories of taxpayers:
1. Wage earners who have been unemployed at least 30 consecutive days
during 2011 or in 2012 up to this year’s April 17 tax deadline.
2. Self-employed individuals who experienced a 25 percent or greater
reduction in business income in 2011 due to the economy.
To qualify for this penalty relief, your adjusted gross income must not exceed $200,000 if married filing jointly or $100,000 if your filing status is single, married filing separately, head of household, or qualifying widower.
Important qualification – Your 2011 balance due can not exceed $50,000.
Installment agreements on back taxes.
Installment agreements. An installment agreement is a payment option for those who cannot pay their entire tax bill by the due date. The Fresh Start provisions give more taxpayers the ability to use streamlined installment agreements to catch up on back taxes and also more time to pay.
The new threshold for requesting an installment agreement has been raised from $25,000 to $50,000.
This new tax option requires limited financial information, meaning far less burden to the taxpayer. The maximum term for streamlined installment agreements has been raised to six years from the current five-year maximum.
Taxes more than $50,000 on back taxes
If your debt is more than $50,000, you’ll still need to supply the IRS with a Collection Information Statement (Form 433-A or Form 433-F).
You have the option that you can pay your balance down to $50,000 or less to qualify for this payment option.
With an installment agreement, you’ll pay less in penalties, but interest continues to accrue on the outstanding balance. In order to qualify for the new expanded streamlined installment agreement, you must agree to monthly direct debit payments.
Offer in Compromise for Back Tax Help
Under the first round of Fresh Start in 2011, the IRS expanded the Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
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 offer in compromise will not be accepted if the IRS believes that 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 make a determination regarding the taxpayer’s ability to pay. Before one even contemplates filing an offer in compromise it is a best practice to also have a tax professional qualify your case for the filing of an offer to compromise tax debt settlement.
There are many companies out there that are scrupulous and fraudulent in nature who will take the monies of tax payers and tell them they can settle their cases for pennies on a dollar.
Before you give your money to any tax professional make sure they are well qualified in offers in compromise. As a former IRS agent I can’t tell you the volumes of fraudulent and frivolous offers I have seen filed. Choose your tax professional wisely. that’s why it is best to use former IRS agents who know the tax policies, tax codes, and IRS settlement procedures. I myself was a former IRS agent teaching instructor.
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
- Back Taxes Help
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
Miami, Ft.Lauderdale, Back Taxes Help, Former IRS Agents
