Fresh Start Tax “A” Rated by the Better Business Bureau A Professional Tax Firm practicing Tax Law in the State of Florida since 1982
Honest and affordable case work. Former IRS Agents , Managers and Instructors will handle your individual case. DEBTS IRS SETTLEMENTS
If you have a IRS Tax Debt call us for a free tax consultation. You will speak to a true tax expert and not a salesperson. We have over 140 years of professional tax experience and 60 years of working for the IRS in the IRS Florida offices. Some of our staff our former IRS Agents and Managers who taught the tax debt settlement processes to all new IRS employees.
Your case, TAX DEBT, will be worked by a former IRS Agent who has successfully worked thousands to tax cases. Let our experience work for you.
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 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 ,T ax Debt Settlements. 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.
Call us for a free tax consultation. Free video conferencing is also available.