by Fresh Start Tax | Sep 17, 2014 | Tax Help
We are a full service tax firm with all work done in-house.
We are IRS Tax Experts. Since 1982, A plus Rated BBB.
We know the system so stop the worry!
We have over 206 years of professional tax experience and over 60 years of working directly with Internal Revenue Service.
As former IRS agents we worked in the local, district, and regional tax offices of the Internal Revenue Service.
We taught Tax law at the IRS.
We know every system that exists and know every exit and closing strategies.
We have a full tax staff including tax attorneys, tax lawyers, former IRS agents, certified public accountants, enrolled agents and a host of other highly seasoned tax professionals.
FST can handle your case from a simple IRS bill / notice to go to tax court.
All your information is kept confidential.
We can fully resolve any IRS problem in fact that you have.
We handle everything from very simple cases to taxpayers that owe millions and millions of dollars.
If the IRS is sent you a tax levy we can generally get IRS tax levies released within 24 hours of receiving your current and verifiable financial statement.
If you are undergoing an IRS tax audit we can have a former IRS audit supervisor review and defend your IRS tax audit, take the case to appeals and have our tax attorneys take the case to tax court if necessary.
If you are looking to settle your IRS tax debt we have a former IRS revenue officer awho taught the offer in compromise program on staff.
We are A plus rated by the Better Business Bureau and have been in private practice since 1982.
IRS Taxes – Tax Help, Tax Levy, Tax Audit, Tax Settlements – Tax Attorneys, Keep Your Business Private – Beverly Hills, Malibu, Pacific Palisades, Bel Air
by Fresh Start Tax | Sep 17, 2014 | Tax Help
We are comprised of tax attorneys, tax lawyers, certified public accountant, and former IRS agents. We know the system and can get you immediate and permanent IRS tax relief.
We are a full service tax firm that specializes in IRS tax help.
We can get an IRS tax levy released within a 24-hours of receiving your current and verifiable financial statement.
If you are going and IRS tax audit, we can have a former IRS audit manager provide your best possible tax defense to minimize the results of any IRS tax audit.
If your case needs to go to appeals or tax court we have experts on staff to ensure your very best results.
If you need go ahead and file for a tax settlement called an offer in compromise, we can walk you to the process and find out if you are a suitable candidate to settle your debt for pennies on a dollar.
38% of all tax settlements in the form of an offer of compromise are accepted for average of $.14 on a dollar.
After a careful review of your current financial statement we can let you know if you can qualify for an IRS tax debt settlement.
Call us today for a free initial tax consultation and you can speak to a IRS tax attorney lawyer, certified public accountant, or former IRS agent, manager or tax instructor.
We have been in private practice since 1982 in our A+ rated by the Better Business Bureau.
Beware: When you search the Internet looking for a tax firm make sure they have bios of specific staff if not you are giving your information to a sales or a lead generation company so use caution.
Tax Attorney Lawyer – IRS Help, Tax Levy, Tax Audit, Tax Debt Settlements, Affordable Former IRS – Long Beach, Inglewood, El Monte, Compton
by Fresh Start Tax | May 27, 2014 | Tax Help
As Former IRS agents and managers we can resolve any IRS problem you have.
We can offer you affordable IRS Back Tax Relief by offering you different settlement programs.
We have over 60 years working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
Call us today for a free initial tax consultation and speak directly to former IRS agents, managers and tax instructors who know the system.
I am a former IRS revenue officer who accepted tax settlements when I was working with the Internal Revenue Service and now represent taxpayers who need to settle their case.
We know the system!
IRS Back Tax Debt Relief, Tax Settlements
The Internal Revenue Service has had another expansion of its “Fresh Start” initiative by offering more flexible terms to its Offer in Compromise (OIC) program that will enable some of the most financially distressed taxpayers to clear up their tax problems and in many cases more quickly than in the past.
In certain circumstances, the changes include:
- Revising the calculation for the taxpayer’s future income.
- Allowing taxpayers to repay their student loans.
- Allowing taxpayers to pay state and local delinquent taxes.
- Expanding the Allowable Living Expense allowance category and amount.
In general, an OIC is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
An OIC is generally not accepted if the IRS believes the liability can be paid in full as a lump sum or a through payment agreement.
The IRS looks at the taxpayer’s income and assets to make a determination of the taxpayer’s reasonable collection potential. OICs are subject to acceptance on legal requirements.
The IRS recognizes that many taxpayers are still struggling to pay their bills so the agency has been working to put in place common-sense changes to the OIC program to more closely reflect real-world situations.
When the IRS calculates a taxpayer’s reasonable collection potential, it will now look at only one year of future income for offers paid in five or fewer months, down from four years, and two years of future income for offers paid in six to 24 months, down from five years.
All offers must be fully paid within 24 months of the date the offer is accepted. The Form 656-B, Offer in Compromise Booklet, and Form 656, Offer in Compromise, has been revised to reflect the changes.
Other changes to the program include narrowed parameters and clarification of when a dissipated asset will be included in the calculation of reasonable collection potential. In addition, equity in income producing assets generally will not be included in the calculation of reasonable collection potential for on-going businesses.
Call us today for a free initial tax consultation and we can walk you through the various programs to give you affordable IRS back tax debt relief.
Affordable IRS Back Tax Debt Relief, Tax Settlements, IRS Problems – Columbia, LaVergne, Gallatin, Spring Hill
by Fresh Start Tax | May 10, 2013 | Back Taxes
OWE IRS – Here are your options – Payment Plans, Hardships, Tax Settlements – Former IRS 1-866-700-1040
If you owe the IRS and wish to explore closing your case off the IRS enforcement action contact us today.
We are tax experts in solving problems when taxpayers over the IRS. You will generally find there are three options of closing your case with the Internal Revenue Service.
We can discuss the various options which include payment or installment agreements, IRS tax hardships or the IRS tax debt settlement call the offer in compromise.(these are the main options)
If you owe the IRS, most of the tax solutions and options available to you will greatly depend on your current financial condition.
In many cases, the IRS will require a 433F which is their version of a financial statement. You can find that form on our website and you must be prepared to have that form fully documented and verified so the Internal Revenue Service can review your current financial situation.
Wish to Make a IRS Payment Plans, Installment Agreements
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. If you have reasonable cause you can look to abate or eliminate penalties and interest should they exist. You can find a great penalty abatement strategies on our website.
Before you apply for a payment plan or a installment agreement:
- 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:
a. $52 for a direct debit agreement;
b. $105 for a standard agreement or payroll deduction agreement; or
c. $43 if your income is below a certain level.
Understand your Payment Plan Agreement, avoid default
To keep your account in good standing:
1. Pay at least your minimum monthly payment when it’s due (direct debit or payroll deductions make this easy);
2. Include your name, address, SSN, daytime phone number, tax year and return type on your payment;
3. File all required tax returns on time;
4. Pay all taxes you owe in full and on time (contact us to change your existing agreement if you cannot);
5. Continue to make all scheduled payments even if we apply your refund to your account balance; and
6. 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 on defaulted Payment Plans
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.
IRS Tax Hardships, Currently non-collectible
After the Internal Revenue Service reviews your current financial statement you may be able to apply for an IRS tax hardship which is called currently not collectible.
After a careful review of your financial statement (433F) the Internal Revenue Service may find you have more expenses than income and you meet the necessary living expenses as well as the national and regional tests. Before you can make any rational decisions on your case you must understand the national and regional standard programs.
You can find those necessary living expenses on our website.
If IRS so chooses to place your case in a tax hardship that will usually stay in that program for two or three years until you have the necessary income to start making payments or to make a tax settlement.
You can find out if you qualify for IRS tax hardship by scanning or faxing over your financial statement.
We will review your financial statement and within five minutes let you know if you qualify for tax hardship treatment.
IRS Tax Settlements
IRS receives 58,000 offers in compromise every year and accepts approximately 25%. Offers in compromise take anywhere from 6 to 9 months to work by the Internal Revenue Service.
An IRS tax settlement is called an offer in compromise.
This is a very complex process and should never be tried by taxpayers with no experience in attempting to settle their case with Internal Revenue Service.
Being a former IRS agent in teaching instructor very few taxpayers can do this on their own with any success. To help taxpayers at reach out to us you will find an IRS pre-qualifier on our website to find out whether you can qualify for IRS tax settlement.
We will not work any cases for IRS tax settlement unless a taxpayer is a fully qualified and has filled out the IRS pre-qualifier tool.
Do not give your money to any tax firm promising you that they can get an accepted offer in compromise.
If a firm promises you is that let me a apprise you right now your probably speaking to a sales agent at that firm because no tax professional can make that claim.
Please keep in mind I was a former IRS agent in a instructor for 10 years and taught the IRS tax debt settlement program called the offer in compromise.
Contact us today and speak directly to tax attorneys, certified public accountants, or former IRS agents, managers and tax instructors.
We are A+ rated by the Better Business Bureau and in private practice since 1982. All first-time tax consultations are free of charge.
OWE IRS – Here are Your Options – Payment Plans, Hardships, Tax Settlements – Former IRS
by Fresh Start Tax | Dec 10, 2012 | Back Taxes, IRS Payment Plans, IRS Tax Debt, Tax Settlements
IRS Back Tax Payment Plan – Payment Plans, IRS Tax Settlements – Former IRS Agents Firm
If you need a Back Tax Payment Plan or if you think you are eligible for a IRS Tax Settlement contact us today for a no cost professional tax consult. 1-866-700-1040.
Hear the truth about your case from a tax firm that has over 205 years of professional tax experience and over 60 years of direct IRS work experience.
We were former IRS Agents, Managers and Instructors. We worked out of the local, district and regional offices of the IRS.
We know all the tax policy systems and settlement procedures.
With the New Fresh Start Program started by the IRS this year IRS is finally in the business of accepting back tax settlements which are called offers in compromise. Each and every taxpayer that owes back taxes should find out whether or not they are eligible for a IRS Tax settlement. It takes no more than 5 minutes to find out if your are a tax settlement candidate.
An offer in compromise allows you to settle your IRS tax debt for less than the full amount you owe. It may be a legitimate option if you cannot pay your full tax liability or doing so creates a financial hardship.
IRS will consider your unique set of facts and circumstances. There are no two cases the same. Each offer is evaluate on its own set of fact patterns.Offers are general based on the following four criteria:
a. Ability to pay back IRS,
b. Current income,
c. Current expenses and,
d. Distrait Equity in Assets.
Simply fill out a 433A and send it to our offices and we will determine if a IRS tax settlement called an offer in compromise is right for you.
IRS Payment Plans on Back Taxes
You can make monthly payments through an installment agreement or part pay agreement if you are not financially able to pay your tax debt immediately.
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 for a back payment plan you need to :
a. File all required tax returns;
b. Consider other sources (loan or credit card) to pay your tax debt in full to save money;
c. Determine the largest monthly payment you can make ($25 minimum); and
d. Know that your future refunds will be applied to your tax debt until it is paid in full.
Fees or Costs for setting up an installment agreement or payment plans:
a. $52 for a direct debit agreement;
b. $105 for a standard agreement or payroll deduction agreement; or
c. $43 if your income is below a certain level.
Understand your back tax payment plan agreement should you avoid default
You must:
a. Pay at least your minimum monthly payment when it’s due (direct debit or payroll deductions make this easy),
b. Include your name, address, social security number, daytime phone number, tax year and return type on your payment,
c. File all required tax returns on time,
d. Pay all taxes you owe in full and on time. Contact the IRS to change your existing agreement if you cannot,
e. Continue to make all scheduled payments even if we apply your refund to your account balance and,
f. Ensure your statement is sent to the correct address, contact us if you move or complete and mail Form 8822, Change of Address.
If you do not receive your statement, send your payment to the address listed in your IRS 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:
1. When an installment agreement is being considered;
2. While an agreement is in effect;
3. For 30 days after a request is rejected.
IRS enforcement action.
If you fail to met the terms of a back tax payment plan the IRS can or will:
1. File a Notice of Federal Tax Lien,
2. File a Notice of Tax Levy on your bank account or wages,
3. File a Notice of Garnishment on your Wages.
IRS Back Tax Payment Plan – Payment Plans, IRS Tax Settlements – Former IRS Agents Firm 1-866-700-1040
