by Fresh Start Tax | Oct 1, 2018 | Tax Help
AFFORDABLE + Best Local Tax Relief Company, Fresh Start Tax LLC 954-492-0088, Since 1982. FREE CONSULTS NOW
There are many excellent tax relief companies nationwide, Fresh Start Tax LLC is one of the premier and best tax relief companies in the United States.
However, we are a local South Florida tax firm let us put down roots in our community since 1982.
Since 1982 we have been resolving IRS tax issues and we have an amazing history of successful client work and satisfied customers and that is due to the experience we have in dealing with IRS tax problems and tax issues and IRS tax relief.
On staff a CPA, Tax Attorney. She is available on request.
On staff are former IRS agents, managers and teaching instructors who were supervisors and managers while working at the Internal Revenue Service.
As a result of all of our work experience, we understand the methodologies and all the procedures to close IRS cases in the most prudent and affordable manner. Upon your initial consultation in almost all cases we will let you know how your tax case will resolve itself and exactly how much it will cost you.
We have worked thousands of cases since 1982 and know the most efficient way to get you where you need to be. You will never have to speak to Internal Revenue Service we will handle all communication with you to you and with the Internal Revenue Service
Offers in Compromise for IRS Tax Relief
I am a former IRS agent and teaching instructor of the offer in compromise or tax debt settlement program along with other IRS programs and systems.
We have over 60 years of direct work experience in the local, district, and regional tax offices of the Internal Revenue Service. We are true IRS experts who understand the IRS collection system.
All our work is done in-house and we are used by other firms to do their backend work.
You can call us today for free initial tax consultation and find out if you are a true offer in compromise tax debt settlement candidate.
Due to the IRS new fresh start initiative set out by the Internal Revenue Service many more taxpayers are eligible for the tax debt settlement.
Before a taxpayer or client thinks about the filing of an offer in compromise they should check out the IRS offer in compromise pre-qualifier tool first.
You can walk to the pre-qualifier tool on our site or call us today to learn more about it.
We will not file an offer in compromise or accept any fee for any client unless we know they are qualified for the program.
So if we send in your offer in compromise, you probably do have a pretty good chance of getting it accepted.
It is important to know you will that all back tax returns will have to be filed, up-to-date and current on the IRS computer system before the Internal Revenue Service will accept an offer in compromise.
IRS Tax Statistics for the OIC for tax relief
Last year there were 78,000 offers in compromise were filed with the Internal Revenue Service, 38% of those were accepted for an average of $6500 per case.
Keep in mind this is a national average and varies from case to case is completely dependent on your current financial statement.
About 20% of all offers in compromise go to the Appellate Division for settlement.
You should know that not everyone is an offer in compromise candidate to settle their tax debt.
Make sure you are eligible for the OIC, Do not pay money to any firm unless you know you’re a qualified candidate.
Before IRS can consider your offer, you must be current with all filing and payment requirements.
You are not eligible if you are in an open bankruptcy proceeding.
Submitting your offer or OIC to the Internal Revenue Service.
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 package will include:
• Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;
• Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
• $186 application fee (non-refundable); and
• Initial payment (non-refundable) for each Form 656.
Selecting a payment option for the offer in compromise program
Your initial payment will vary based on your offer and the payment option you choose:
• IRS Lump Sum Cash:
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.
• IRS 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, you must continue to pay monthly until it is paid in full.
While your offer in compromise is being evaluated:
• 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);
• A Notice of Federal Tax Lien may be filed;
• Other collection activities are suspended;
• The legal assessment and collection period is extended;
• Make all required payments associated with your offer;
• You are not required to make payments on an existing installment agreement; and
• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
Other tax relief programs
Many taxpayers for a variety of reasons cannot qualify for an offer in compromise and IRS has four other buckets of ways they close cases once they were open in the IRS collection
They are as followed:
Hardship, payment agreement, statute of expiration, bankruptcy.
1. For those who are financially strapped and qualify, IRS has a currently non-collectible program in which taxpayers who qualify IRS will temporarily suspend their case between one and three years and then kick the case out later and re-review the financial statement.
Approximately 40% of all people who are in the current IRS collection Q wind up in a temporarily non-collectible file.
2. While other people based on their current financial statement can make a payment arrangement with the Internal Revenue Service. Approximately 6.5 billion people wind up in payment agreements because of their current financial statement. The Internal Revenue Service will use the national standard test to make sure the agreement is fair and reasonable.
3. Others qualify because the statute of limitation has expired on their tax assessments. As a general rule IRS has approximately 10 years to collect all cases. we can pull IRS tax transcripts to find out how close you are to having your statute of limitations expired.
4. While others can file Chapter 7 bankruptcy proceeding. We were review with you each of the criteria when you call us.
Tax Return Note:
As a side note, taxpayers should be aware that all tax returns must be filed before they can have an approved offer in compromise.
Before IRS will work an offer in compromise to settle your tax debt they will want all tax returns filed and they will want to make sure you are current on your ES payments or your withholding in the current year we are in.
If you submitted an offer in compromise and IRS finds your tax returns are not file they will return the offer to you.
We could prepare all back returns for you with little or no records.
When you are considering one of the best tax relief companies call fresh start tax, since 1982 we have been serving the Americas in resolving IRS tax debt.
We can review all IRS tax programs and have tax attorneys, CPAs and former IRS agents on staff to serve your needs.
Our founder has been on FOX Business news as well as NBC.
Best IRS Tax Relief Companies + Tax Relief Programs + IRS Tax Attorney Lawyers + Ft. Lauderdale, Boca Raton, Miami, Aventura, Palm Beaches + South Florida
by Fresh Start Tax | Oct 1, 2018 | Tax Help
Local Affordable Premier South Florida Tax Firm for IRS Tax Settlements, 954-492-0088.
There different ways to deal with the Internal Revenue Service. As former IRS agents, managers and teaching instructors we know all the options.
On staff is a CPA – Tax Attorney.
We are A+ rated nationwide tax firm that has years of experience and thousands of cases under our belt.
Also on staff as a former IRS revenue officer who worked, taught and accepted offers in compromise for IRS tax settlement tax relief.
We have 206 years of professional tax experience in over 100 years of working directly for the Internal Revenue Service and the local South Florida IRS offices.
Tax Return Note:
All tax returns must be filed before IRS will close your case.
We can file all back taxes as well. whether you have records or not we can pull IRS transcripts and reconstruct your tax returns. Being former IRS agents we are experts in reconstruction. You should also know that if you do not file a tax return IRS can prepare your return under 6020 B of the Internal Revenue Code and you will pay the most allowed by IRS law.
The Internal Revenue Service keeps all cases open and uses collection enforcement action to make sure all tax returns are filed.
There is a very exacting process to eliminate your IRS problem and we know the system. We will walk through all the programs to see what programs you qualify.
We can go over all your options to qualify for IRS tax relief.
Different Available Options
If you have balance due on back taxes and are looking to set up a payment agreement, file firm offer in compromise to settle your back tax debt or you need to file back tax returns, call us today for a free initial tax consultation.
How does IRS dispose of Tax Debt Cases for Back Tax Relief ?
The 5 ways or programs for IRS Tax Debt, the most common:
1. By Payment in full,
2. By monthly Payments,
3. By the Acceptance of an offer in compromise, (this is how your completely eliminate the tax debt)
4. By statute expiration. (this is how your completely eliminate the tax debt).Please keep in mind the normal statute of limitations is 10 years from the date of assessment.
5. For those who cannot pay their debt IRS has a non-collectible or hardship program. Please keep in mind these hardship programs last about two or three years before IRS renews them and sends the case back out for financial review.
Upon your initial free tax consultation we will walk through the various programs and let you know the easiest way to resolve your back tax debt to give you true IRS tax relief.
We will carefully review all options with you so you understand the process.
The most important aspect of working tax debt cases is completely dependent on the individual or business financial statements.It is the most important factor. The key to success is understanding how the Internal Revenue Service will interpret your current financial statement.
Your current documented financial statement determines all. IRS generally uses the last six months for an indicator of how they will close your current tax obligation case.
IRS uses a very simple formula to determine their settlement process.
When you call our office we will explain the process and the system to you.
It is all about your assets and your income and your current necessary living expenses. There is a very specific formula.
IRS only allows certain expenses that are considered necessary living expenses. For more, you can look to the necessary standards used by the Internal Revenue Service.
There are charts available on what IRS allows. Anything not on those charts are disallowed and this is what trips out most taxpayers.
A simple review of your current financial statement and we can let you know the different programs you may be eligible for.
You will need to complete form 433F or form 433A for us to make a current determination. IRS will only use their financial statements. You must turn in a completely accurate financial statement.
It is critically important to know that you cannot pay less taxes unless you qualify for the offer in compromise program.
IRS has a very specific formula that they use to compute the offer in compromise. The reason they do this is so everyone across the United States is treated fairly.
The only way you can pay less tax is through the offer in compromise program. There is also an IRS pre-qualifier form.
I have over 40 years in this industry and it is critical if you want to settle your tax debt for the lowest possible amount you should go to true tax professionals.
Also, beware that many times the Internal Revenue Service want to make sure you are current in your withholding tax or your estimated tax payments are they will not close your work your case until you become fully compliant.
Other ways to Solve Back IRS Taxes Debt or Back Tax Issues, You will qualify for different types of relief.
As a general rule, you may apply for hardships, payment agreements or settle for an offer in compromise to settle your debt for pennies on the dollar.
We will review with you your financial statement and let you know what the lowest possible settlement IRS will accept.
40% of all persons that owe back taxes are an issue into a hardship or are currently not collectible status and 6.5 million taxpayers enter into annual payment agreements.
With these programs you will not pay less tax. These programs are designed to keep IRS off your back.
The other way to pay less tax is for the ten-year statute of limitation to run out and your debt will be written off by the Internal Revenue Service.
If you want to file an offer in compromise I thought you’d like to know what the statistics are.
Last year over 78,000 offers in compromise/IRS tax debt settlement were filed by taxpayers and over 38% of those were accepted for an average of $6500 per case. Approximately 40,000 taxpayers last year paid less tax.
At the current time, there are 7500 cases in the offer queue. The average wait time is nine months. There are not enough IRS employees to work the current inventory.
Keep in mind this is a national average in your case is completely dependent on your individual financial statement.
We will not file for an offer in compromise unless you are a true candidate for the program. You must qualify.
There is a pre-qualifier tool to find out if you are a settlement candidate for income or business tax debt.
Upon your initial tax consultation, we’ll let you know if you are eligible to have an accepted offer in compromise by the Internal Revenue Service.
Due to the new fresh start tax initiative Internal Revenue Service had made it easier to file for the program. However, this program is not for everybody.
Everyone wants to settle with IRS but there is a very specific format and methodology that must be followed.
There are many myths about the pennies on the dollar program so you need to hear the truth before spending any money.
There are many firms that take your money and then let you know after the fact you are not qualified. you need to know beforehand whether you have a fighting chance.
Being a former IRS agent employee gives you a huge advantage of having the review your offer in compromise to settle your tax debt.
At our firm, we will take no clients money until we are no they are a true candidate for the settlement program.
There are many myths about the offer in compromise so IRS in their great wisdom provides a pre-qualifier tool to find out if taxpayers are eligible for the offer in compromise program so taxpayers do not give their hard-earned money to unsuspecting tax firms promising tax settlements.
The Offer in Compromise + Through the New Fresh Start Tax Initiative
If you have any questions or issues about the offer in compromise program to settle or negotiate your debt for pennies on the dollar, call us today and we will review your case to let you know if you are a qualified and suitable candidate.
The IRS spends a lot of due diligence before they accept an offer in compromise.
It is possible for the IRS to spend over 20-40 hours working an offer in compromise.
IRS uses the Accuriant search engine, Google in a variety of other searches to check on assets and histories of taxpayers and businesses.
You want to make sure you are accurate and truthful on your financial statement.
The higher the dollar case the greater the due diligence. Many people ask why is this process not that simple. The answer is this, all accepted offers in compromise are a matter of public record for one year in the regional office where the offer was accepted.
The Internal Revenue Service does all that it can to make sure there is a matter of consistency within the offer in compromise program if not still be a tremendous public outcry.
One base rule for the offer in compromise program. IRS is only concerned about your income and assets.This includes your equity in your home, pension plans are IRA’s.
One nice thing about the IRS accepting your offer in compromise is that once you meet the terms of the settlement they will release your federal tax lien.
Below you will find out what you need to know about the offer in compromise program.
Beginning immediately,
The IRS will return any newly filed Offer in Compromise application where the taxpayer has not filed all required tax returns. The internal revenue service will immediately reject your offer in compromise. Any fees included with the OIC will also be returned.
This new policy does not apply to current year tax returns if there is a valid extension on the file.
When IRS determines that they will settle with you, IRS will consider your unique set of facts and circumstances:
• Ability to pay;
• Income;
• Expenses; and
• Asset equity.
Please keep in mind that IRS looks at the general history, future income potential and many other factors when analyzing the acceptance of an offer in compromise. Being former IRS agents who work this process we can give you a complete view of how IRS looks at IRS tax settlement.
IRS 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.
Right now that is approx. 9 months
Make sure you are eligible for the offer in compromise to settle your back IRS tax debt.
Before IRS can consider your offer, you must be current with all filing and payment requirements.
You are not eligible if you are in an open bankruptcy proceeding.
Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.
Submit your offer in compromise to settle your IRS tax debt
You’ll find step-by-step instructors and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B (PDF). Your completed offer package will include:
• Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;
• Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;
• $186 application fee (non-refundable); and
• Initial payment (non-refundable) for each Form 656.
Select a payment option on an IRS offer settlement
Your initial payment will vary based on your offer and the payment option you choose:
• Lump Sum Cash:
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:(most common)
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.
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.
Understand the process to settle your tax debt on an IRS settlement offer to pay less tax. Please keep in mind this program is not for everyone. Do not give anybody your money or pay any fee unless a tax professional tells you truly are a qualified candidate for the offer in compromise program to settle your tax debt for pennies on a dollar. There are many scam artists out there.
While your offer to pay less taxes is being evaluated:
• 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);
• A Notice of Federal Tax Lien may be filed;
• Other collection activities are suspended;
• The legal assessment and collection period is extended;
• Make all required payments associated with your offer;
• You are not required to make payments on an existing installment agreement; and
• Your offer is automatically accepted if the IRS does not make a determination within two years of the IRS receipt date.
Call us today for free initial tax consultation and speak to a true IRS tax expert who will walk you through the process of how to negotiate with IRS over back taxes and see if you qualify to pay less taxes for an IRS tax settlement. You will hear the truth from true IRS tax experts.
With over 200 years of dealing in IRS tax , we know every system that IRS can have and we can manage your case effectively.
IRS Tax Settlement Attorneys + IRS Tax Relief + Ft. Lauderdale, Miami, Palm Beaches, Boca Raton, Aventura + South Florida
by Fresh Start Tax | Sep 27, 2018 | Tax Help
File Back Tax Returns or IRS Will File For You, Not good For You!
We are local tax experts to help you if you need to file back tax years. We worked on the local South Florida IRS offices, since 1982 we have been helping taxpayers file their back years and settle their cases all at the same time.
Free tax consultations available from true tax experts that only takes a second to find out the truth.
We have worked thousands of cases and are true experts in the matter of IRS issues, settlements, appeals, back tax return filing and all other avenues of problems.
One of the most common problems that we see in our practice is that individuals and businesses failing to file back tax returns.
At some point in time like a rubber band stretching it comes back to bite. Over 5 million taxpayers a year are guilty and need to file these back tax returns. Please keep in mind IRS will finally find you I know because I am a former IRS agent.
Because there is so much work that IRS has, it does not necessarily catch up with the taxpayer, business or corporation immediately but a couple of years later matching programs are put in place by the Internal Revenue Service and a series of letters get sent out asking the taxpayer, individuals or businesses or corporations to file back tax returns.
Many entities just do nothing and like an ostrich stick their head in the sand.You take this approach at your own peril.
IRS loves those type responses. They send out a series of letters and then Internal Revenue Service takes out the hammer and sends their series of enforcement actions out to the taxpayer entity to take control of the case.
If you push IRS too far, IRS will file federal tax liens, send out bank levy garnishments make seizures and starting to take control of your financial life.
If you have not filed back tax returns call us today. We can stop the Internal Revenue Service, file your back tax returns and settle your case all at the same time.
What happens if I don’t have records? No problem. No worries.
If you do not have records to file your back tax returns we can prepare your tax returns based on reconstructive methods.
We know how to do this because were former IRS agents and we can make sure you pay the lowest amount allowed by law.
Keep in mind the Internal Revenue Service can file your tax return for you and make sure you pay the highest amount allowed by law by enforcing the IRS code section 6020 B of the IRC.
IRS 6020b
(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.
If you need help call us today and speak to true IRS tax experts
You will never have to speak to the Internal Revenue Service. We handle all communications, filing of tax returns and working out tax settlements favorable to all our clients.
When you call our office shall speak to a true IRS tax professional.
Need to File Back Tax Years Tax Returns + Ft.Lauderdale, Miami, Palm Beaches, Boca Raton, Aventura
by Fresh Start Tax | Sep 19, 2018 | Tax Help
If you are going through an IRS small business tax audit call former IRS agents who know the system since 1982.
Speak to former IRS Audit Agents, 954-492-0088, get the best results.
We are a local South Florida tax firm that specializes in IRS tax defense, tax collection defense, appellate defense and anything related to IRS, federal or state tax representation.
We have been in practice since 1982 and are staffed with a tax attorney, CPAs and a host of former IRS agent employees.
If you are going through an IRS small business tax audit it only makes sense to call former IRS agents, managers and supervisors who know the system that can navigate you and get you the best possible result.
Your tax return gets audited for a variety of reasons in our firm can offer you the best possible tax defense because of our internal knowledge of the system and the years of experience that we have in working these cases.
We can also function if this case needs to go to the IRS appeals offices and/or if you will all money as a result of the tax on we can defend you during the IRS collection process.
We are a full-service firm and you will have on your representation team a former IRS agent and supervisor in the audit division of the Internal Revenue Service.
Why am I being selected for an audit?
Selection for an audit does not always suggest there’s a problem.
The IRS uses several different methods:
• Random selection and computer screening – sometimes returns are selected based solely on a statistical formula.
We compare your tax return against “norms” for similar returns. We develop these “norms” from audits of a statistically valid random sample of returns, as part of the National Research Program the IRS conducts.
The IRS uses this program to update return selection information.
• Related examinations – we may select your returns when they involve issues or transactions with other taxpayers, such as business partners or investors, whose returns were selected for audit.
Next, an experienced auditor reviews the return. They may accept it; or if the auditor notes something questionable, they will identify the items noted and forward the return for assignment to an examining group.
Note: filing an amended return does not affect the selection process of the original return.
However, amended returns also go through a screening process and the amended return may be selected for audit. Additionally, a refund is not necessarily a trigger for an audit.
How am I notified?
Should your account be selected for audit, we will notify you by mail. We won’t initiate an audit by telephone.
How will the IRS conduct my audit?
The IRS manages audits either by mail or through an in-person interview to review your records. The interview may be at an IRS office (office audit) or at the taxpayer’s home, place of business, or accountant’s office (field audit).
Remember, you will be contacted initially by mail. The IRS will provide all contact information and instructions in the letter you will receive.
If we conduct your audit by mail, our letter will request additional information about certain items shown on the tax return such as income, expenses, and itemized deductions. If you have too many books or records to mail, you can request a face-to-face audit.
The IRS will provide contact information and instructions in the letter you receive.
Depending on the issues in your audit, IRS examiners may use one of these Audit Techniques Guides to assist them. These guides will give you an idea of what to expect.
What do I need to provide?
The IRS will provide you with a written request for the specific documents we want to see. Here’s a listing of records the IRS may request.
The IRS accepts some electronic records that are produced by tax software.
The IRS may request those in lieu of or in addition to other types of records. Contact your auditor to determine what we can accept.
The law requires you to keep all records you used to prepare your tax return – for at least three years from the date the tax return was filed.
How do I know if the IRS received my response?
For any delivery service you may use, always request confirmation that the IRS has received it. For example, if you use the US Postal Service, you can request one of their additional services to ensure delivery confirmation.
What if I need more time to respond?
For audits conducted by mail – fax your written request to the number shown on the IRS letter you received. If you are unable to submit the request by fax, mail your request to the address shown on the IRS letter. We can ordinarily grant you a one-time automatic 30-day extension.
IRS will contact you if we are unable to grant your extension request.
However, if you received a “Notice of Deficiency” by certified mail, we cannot grant additional time for you to submit supporting documentation.
You may continue to work with us to resolve your tax matter, but we cannot extend the time you have to petition the U.S. Tax Court beyond the original 90 days.
For audits conducted by in-person interview – If your audit is being conducted in person, contact the auditor assigned to your audit to request an extension. If necessary, you may contact the auditor’s manager.
How far back can the IRS go to audit my return?
Generally, the IRS can include returns filed within the last three years in an audit. If we identify a substantial error, we may add additional years.
IRS usually don’t go back more than the last six years.
The IRS tries to audit tax returns as soon as possible after they are filed. Accordingly most audits will be of returns filed within the last two years.
If an audit is not resolved, we may request extending the statute of limitations for assessment tax.
The statute of limitations limits the time allowed to assess additional tax.
It is generally three years after a return is due or was filed, whichever is later. There is also a statute of limitations for making refunds. Extending the statute gives you more time to provide further documentation to support your position; request an appeal if you do not agree with the audit results; or to claim a tax refund or credit. It also gives the IRS time to complete the audit and provides time to process the audit results.
You don’t have to agree to extend the statute of limitations date. However if you don’t agree, the auditor will be forced to make a determination based upon the information provided.
You can find more information about extending a statute of limitations in Publication 1035, Extending the Tax Assessment Period, or from your auditor.
How long does an audit take?
The length varies depending on the type of audit; the complexity of the issues; the availability of information requested; the availability of both parties for scheduling meetings; and your agreement or disagreement with the findings. if you’re going through an IRS tax audit in a revenue agent is reviewing your records those audits can take months.
You really need to have a seasoned IRS tax defense veteran represent you any time you’re dealing with an IRS auditor or revenue agent unless you have absolute pristine records.
What are my rights?
Publication 1, Your Rights as a Taxpayer, explains your rights as a taxpayer as well as the examination, appeal, collection, and refund processes.
These rights include:
• A right to professional and courteous treatment by IRS employees.
• A right to privacy and confidentiality about tax matters.
• A right to know why the IRS is asking for information, how the IRS will use it and what will happen if the requested information is not provided.
• A right to representation, by oneself or an authorized representative.
• A right to appeal disagreements, both within the IRS and before the courts.
How does the IRS conclude an audit?
An audit can be concluded in three ways:
• No change: an audit in which you have substantiated all of the items being reviewed and results in no changes.
• Agreed: an audit where the IRS proposed changes and you understand and agree with the changes.
• Disagreed: an audit where the IRS has proposed changes and you understand but disagree with the changes.
What happens when you agree with the audit findings?
If you agree with the audit findings, you will be asked to sign the examination report or a similar form depending upon the type of audit conducted.
If you owe money, there are several payment options available.
When you call our office we will review the different options available to you in regard to your IRS collection matter. Many people cannot pay the tax adjustment and windup and are currently not collectible or a hardship position while other people’s end up with payment agreements and others file an offer in compromise to settle their tax debt.
Your current financial statement will determine how the Internal Revenue Service foreclosure case and we will review those options if you ever get to that point.
What happens when you disagree with the audit findings?
You can request a conference with an IRS manager. The IRS also offers mediation or you can file an appeal if there is enough time remaining on the statute of limitations.
we can take any case to the IRS the pellet division and in many cases the settlement options are much better than with the regular auditor because they don’t want the cases going to Tax Court.
Call us today for a free tax consultation and speak to a true IRS tax expert regarding any type of IRS audit.
We are experts and specialists in IRS small business audit, revenue agent audits, office audits and mail correspondence audits. We are a local tax firm and available for free consultations at any time. Feel free to visit our South Florida offices.
Expert Help for IRS Small Business Tax Audits + Former IRS Audit Agents
by Fresh Start Tax | Sep 16, 2012 | Tax Help, Tax Problem Help
We are a local South Florida Tax Resolution Firm who has been practicing tax representation right here in South Florida since 1982.
We are one of the best Tax Resolution firms in South Florida. “A” Rated BBB.
We have on staff, Board Certified Tax Attorneys, CPA’s and more importantly Former IRS Agents who worked out the local South Florida IRS offices as Agents, Instructors, Managers and Appeals Agents.
We have over 60 years of direct IRS working experience right here in South Florida.
We taught Tax Law at IRS.
We handle all facets of IRS representation. We are available for a no cost professional tax consultation where you can meet and speak directly to the tax professional who could potential be working your case. 954-492-0088. We are friendly and affordable.
What to look for in a Tax Resolution Company.
1. Credentials of tax professionals that the firm has on staff, check out firm bio page on Internet site.
2. The BBB rating of the tax firm.
3. Check out all complaints through consumer guides,
4. Length of time in business in South Florida,
5. Local professional experience,
6. Do they have Former local IRS Agents on there team,
7. Fees. Will they charge you a flat fee. do not allow for open ended fees.
You can visit our offices today and hear the truth about your case from a true tax professional and you will understand why we consider our self to be one of the very best tax resolution companies in South Florida.
