by Fresh Start Tax | Nov 19, 2014 | Tax Help
If you owe back tax debt it only makes good common sense to call AFFORDABLE former IRS agents and managers who know the system.
We are a full-service tax firm dealing with individuals, businesses, and corporations that owe back tax debt including IRS payroll taxes.
We are comprised of tax attorneys, tax lawyers, certified public accountants and former IRS agents.
Our former IRS agents have over 60 years of working directly for the Internal Revenue Service in the local, regional, and district tax offices of the Internal Revenue Service including teaching tax law and tax practice to new IRS agents.
You can call us today for a free initial tax consultation and we will provide a full free tax assessment on your case and let you know the best tax strategies and the best possible tax resolutions you can expect on your current state of affairs.
We have been in private practice since 1982.
We are A+ rated by the Better Business Bureau.
Once we take your current documented financial statement we will either be able to place you into an currently economic tax hardship, put you into an IRS payment plan or will advise you whether it is possible to settle your back tax debt for pennies on a dollar.
We will have to file all back tax returns with the Internal Revenue Service.
We can handle any tax case from a simple IRS notice or letter to going to tax court.
We are the experienced, friendly and affordable professional tax firm, since 1982.
Owe IRS – Tax Debt, Individual, Business, Payroll = Hardships, Payment Plan, Settle, Back Tax Filing = Affordable = Lawerence, Haverhill, Taunton, Lowell
by Fresh Start Tax | Oct 29, 2014 | Tax Help
Affordable former IRS agents and managers who know the system.
We can provide immediate tax relief from individual, business, payroll and corporate tax debt.
FST is a full service tax specialty firm that deals in IRS problems and those who have tax debt and filing problems with the Internal Revenue Service.
All our work is done in-house by true tax professionals.
On staff are tax attorneys, CPAs, enrolled agents and former IRS agents and managers who have logged over 60 years with the Internal Revenue Service in the local, regional and district tax offices.
We are A+ rated by the Better Business Bureau and have over 206 years of professional tax experience and a practicing since 1982.
There are few firms is qualified as our professional tax firm in dealing with those who Individual, Business, Payroll Corporate that owe IRS debt.
You can call us today for free initial tax consultation and speak directly to a true IRS affordable agent who can guide you in any tax problem you are currently having.
We can work out payment plans, place you in a non-collectible status for several years or settle your debt for pennies on dollar, this all will be determined depending on your current financial situation.
Any time IRS deals with back tax problems, IRS is required to take a current financial statement.
The financial statement will need to be fully documented.
We will walk you through the different in various programs the Internal Revenue Service has in place you went to one that best reflects your current state of finances.
Call us for free initial tax consultation or if you are being represented right now. feel free to call us for a second opinion.
We’ve been practicing since 1982 and are A+ rated.
We are a national tax firm with clients in all 50 States.
Owe IRS, Individual, Business, Payroll Corporate Taxes Debt, Affordable Former Agent – Boston, Worcester, Springfield, Lowell
by Fresh Start Tax | Sep 17, 2014 | Tax Help
We are AFFORDABLE former IRS agents and managers who know the system.
We can get immediate and permanent IRS relief on back taxes, owing back IRS tax debt and filing back tax returns.
We are a full service tax firm comprised of tax attorneys, certified public accountants, and former IRS agents who have over 60 years of working directly in IRS offices.
There is a very specific system to use when working with the Internal Revenue Service if you owe back IRS tax debt.
The IRS will require a current and verifiable financial statement.
The Internal Revenue Service will verify that statement that you submit to them.
That financial statement will be placed on a form 433F which you can find on our website. Upon that review, the Internal Revenue Service as a general rule will either place you into an:
- economic or uncollectible status or
- a monthly payment status all based on your income and expense analysis of your current verifiable financial statement.
- it is wise to have former IRS agents prepare your financial statement and discuss it with the Internal Revenue Service to get the best result possible.
If you need to file back tax returns and have little or no records we can prepare your tax returns under reconstructive methods.
If you owe tax as a result of your back tax filings we can work out a tax settlement as well.
When you call our office you will speak to a true tax professional and not a salesperson.
Beware: The Internet is full of advertising and marketing companies.
You can easily tell the difference between a true professional tax firm will have the bio’s on there tax professionals.
Call us today for free initial tax consultation and you will find out why we were A+ rated.
We have been a private practice since 1982 for settling back tax, resolving IRS tax debt and filing a back tax returns.
Back Taxes Relief, Owe IRS, Tax Debt, Filing Back Tax Returns * Affordable IRS Experts* Long Beach, Inglewood, El Monte, Compton
by Fresh Start Tax | May 6, 2014 | Tax Help
We can affordably resolve your IRS Problem.
We have been in practice since 1982 and are A plus rated by the Better Business Bureau.
Since 1982, we have successfully resolved hundreds and hundreds of IRS cases.
We have successfully represented individuals, corporations, partnerships for IRS tax audits.
We have settled IRS tax debt through the Offer in Compromise Program called Fresh Start Initiative and filed a voluminous amount of old, past, and back tax returns.
All our work is done in house by a professional staff of tax experts including tax attorneys, tax lawyers, certified public accountants, and enrolled agents, former IRS agents, managers and tax instructors who have over 60 years of direct work experience at the Internal Revenue Service.
Areas of Professional Tax Representation
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- Full Service Accounting Tax Firm,
- 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” Plus
- 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
Areas of Professional Tax Practice:
- Same Day IRS & State Tax Representation
- Offers in Compromise / 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
- FBAR/FATCA
Tax Help – IRS Audit, IRS Tax Debt, File Back Tax Returns – Nashville, Memphis, Knoxville
by Fresh Start Tax | May 17, 2013 | IRS Payment Plans
Owe IRS, Need a IRS Payment Plan – Affordable Tax Solutions, Former IRS – Installment, Payment Plans 1-866-700-1040
We are comprised of former IRS agents and managers who know the affordable tax solutions and tax systems that can get you the tax relief you need.
We have over 60 years of direct work experience at the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
We have worked thousands of cases since 1982 and are A+ rated by the Better Business Bureau.
If you owe the IRS and need a payment or installment agreement contact us today to find the right payment and the affordable tax solution to result to permanently and immediately resolve your IRS matter problem.
The IRS says several programs and options to deal with your back tax debt. Before deciding on a program or a solution it is best to analyze your current financial statement to put you in the program that fits you the best.
Owe the IRS
The Internal Revenue Service works all their cases differently and one of the key factors that are is important to IRS when you owe IRS is the amount of money you owe them and the length time it will take you to pay your money back to IRS.
For larger cases,the IRS require a form 433-F which of the IRS version of a financial statement.
For smaller cases the streamlined agreement may be the affordable tax solution that fits you the best.
Contact us today and we will review your case and give you a free initial tax consultation and see which program can suit your current financial needs when you owe the IRS.
The Streamlined Installment/Payment Agreements
The Fresh Start provisions also mean that more taxpayers will have the ability to use streamlined installment agreements to catch up on back taxes.
Under the Fresh Start initiative, the maximum dollar criteria for streamlined installment agreements has been raised from $25,000 to $50,000 and the maximum term has been raised from 60 months to 72 months.
These installment agreements generally do not require a financial statement, but a limited amount of financial information may be required in the application process.
The Streamlined Installment Agreement criteria is divided into two categories,
- balance due of $25,000 or less,
- and balance due $25,001 to $50,000.
The criteria to qualify for streamlined installment agreements with a balance due of $25,00 or less are:
- You owe $25,000 or less, at the time the agreement is established.
- If you owe more than $25,000, you may pay down the liability before entering into the agreement in order to qualify.
- The debt must be full paid within 72-months or prior to the Collection Statute Expiration Date, whichever is earlier.
- You must be compliant with all filing and payment requirements.
- Individuals who owe any type of tax (Form 1040, Trust Fund Recovery Penalty, etc.).
- Defunct businesses, including any type of entity and any type tax (Form 940, 941, 943, etc.).
- Operating businesses are limited to income tax liabilities only (Form 1120).
- The criteria to qualify for streamlined installment agreements with a balance due of $25,001 to $50,000 are:
- You owe $25,001 to $50,000, at the time the agreement is established.
- If you owe more than $50,000, you may pay down the liability before entering into the agreement in order to qualify.
The debt must be full paid within 72-months or prior to the Collection Statute Expiration Date, whichever is earlier
- You must be compliant with all filing and payment requirements.
- Individuals who owe any type of tax (Form 1040, Trust Fund Recovery Penalty, etc.).
Businesses are limited to defunct sole proprietors who owe any type of tax (Form 940, 941, 943, etc.).
- You must enroll in a Direct Debit Installment Agreement.
- A limited amount of financial information may be required during the application process.
- Taxpayers seeking installment agreements exceeding $50,000 will still need to supply the IRS with a Collection Information Statement (Form 433-A (PDF) or Form 433-F (PDF)).
You can make monthly payments through an installment agreement if you’re not financially able to pay your tax debt immediately.
However, you will reduce or eliminate the amount of penalties and interest you pay and avoid the fee associated with setting up an installment agreement if you pay your tax bill in full.
Before you apply:
- File all required tax returns;
- Consider other sources (loan or credit card) to pay your tax debt in full to save money;
- Determine the largest monthly payment you can make ($25 minimum); and
- Know that your future refunds will be applied to your tax debt until it is paid in full.
Fees for setting up an installment agreement:
- $52 for a direct debit agreement;
- $105 for a standard agreement or payroll deduction agreement; or
- $43 if your income is below a certain level.
Understand your Payment/Installment Plan, avoid default
- Pay at least your minimum monthly payment when it’s due (direct debit or payroll deductions make this easy);
- Include your name, address, SSN, daytime phone number, tax year and return type on your payment;
- File all required tax returns on time;
- Pay all taxes you owe in full and on time (contact us to change your existing agreement if you cannot);
- Continue to make all scheduled payments even if we apply your refund to your account balance; and
- Ensure your statement is sent to the correct address, contact us if you move or complete and mail Form 8822, Change of Address (PDF).
- If you don’t receive your statement, send your payment to the address listed in your agreement.
- There may be a reinstatement fee if your agreement goes into default.
Penalties and interest continue to accrue until your balance is paid in full. If you are in danger of defaulting on your payment agreement for any reason, contact the IRS immediately.
The IRS will generally not take enforced collection actions:
- When an installment/payment plan is being considered;
- While an agreement is in effect;
- For 30 days after a request is rejected, or
- During the period the IRS evaluates an appeal of a rejected or terminated agreement.
Owe IRS, Need a Payment Plan – Affordable Tax Solutions, Former IRS – Installment, Payment Plans
