Fresh Start Tax LLC “A” Rated by the Better Business Bureau A Local South Florida Professional Tax Firm Since 1982
Fresh Start Tax LLC is a local Professional Tax Firm that specializes in IRS tax debt resolution. We are uniquely qualified to handle all your IRS Problems and tax needs. Our staff comprises of Board Certified Tax Attorneys, Lawyers, CPA’s and most importantly former IRS Agents and Managers who worked the tax debt resolution programs while they were employed at the IRS. As a matter of fact, one of our staff is a former instructor of the tax debt resolution/settlement programs at the local South Florida IRS office.
We have over 140 years of IRS experience and 60 years as former working agents for the IRS. We know all the tax strategies required for success.
How we work your case to immediately resolve your IRS matter:
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to the IRS.
2. We will make sure your tax returns are filed and current. If your tax returns are not up to date, IRS will refuse to work your case. This is leverage that the IRS uses to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days.
3. IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. IRS will require a closing settlement method for each case.
4. Settlement agreements/ tax debt resolution can be in different forms:
a. Hardship Settlements. Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to met your current expenses. IRS will use the National Standards Program to assess hardship.
b. Payment Agreements. Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs IRS uses for the lowest possible amount required.
c. Offer in Compromise. There are three types of OICs:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct.
3. Effective Tax Administration – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists.
5. Call us for a free tax consultation to get some tax debt resolution. Free video conferencing is also available.
All work in done in-house.