Tax Return Problems – Former IRS Agents Experts in Tax Problems    1-866-700- 1040

 
We are comprised of tax attorneys, certified public accountants and former IRS agents with over 60 years of direct working experience and knowledge of the IRS.
We have worked in the local, district, and regional offices of IRS.
We have worked as revenue officers, revenue agents, tax auditors, audit managers and appeals agents.
We know every facet of the Internal Revenue Service.
We know all the tax policies, tax codes and tax settlement procedures to end your tax return problems.
All our work is done in-house and we are A+ rated by the Better Business Bureau.
You can call us for a free tax consultation and speak directly to tax attorneys, CPAs are former IRS agents.
So stop the stress and worry and let our tax experts resolve your tax return problems. We have been practicing since 1982 and have 206 years of professional tax experience.
The new IRS initiative called Fresh Start is helping many people that have tax return problems. please read below:
New IRS Fresh Start Initiative Helps Taxpayers Who Owe Taxes
 
The Internal Revenue Service has expanded its “Fresh Start” initiative to help struggling taxpayers who owe taxes.
The following four tips explain the expanded IRS Tax relief for taxpayers.
1. Penalty Relief.
The Penalty Relief part of the initiative relieves some unemployed taxpayers from failure-to-pay penalties. Penalties are one of the biggest factors a financially distressed taxpayer faces on a tax bill.
The Fresh Start Penalty Relief Initiative gives eligible taxpayers a six-month extension to fully pay 2011 taxes. Interest still applies on the 2011 taxes from April 17, 2012 until the tax is paid, but you won’t face failure-to-pay penalties if you pay your tax, interest and any other penalties in full by Oct. 15, 2012.
The penalty relief is available to two categories of taxpayers in need:
1. Wage earners who have been unemployed at least 30 consecutive days
during 2011 or in 2012 up to this year’s April 17 tax deadline.
2. Self-employed individuals who experienced a 25 percent or greater
reduction in business income in 2011 due to the economy.
 To qualify  for penalty relief
To qualify for this penalty relief, your adjusted gross income must not exceed $200,000 if married filing jointly or $100,000 if your filing status is single, married filing separately, head of household, or qualifying widower.
Your 2011 balance due can not exceed $50,000.
Taxpayers who qualify need to complete a new Form 1127A to request the 2011 penalty relief.
 Installment agreements or part pay plans
Installment agreements.
An installment agreement is a payment option for those who cannot pay their entire tax bill by the due date. The Fresh Start provisions give more taxpayers the ability to use streamlined installment agreements to catch up on back taxes and also more time to pay.
The new threshold for requesting an installment agreement has been raised from $25,000 to $50,000.
This  new option requires limited financial information, meaning far less burden to the taxpayer.
The maximum term for streamlined installment agreements has been raised to six years from the current five-year maximum. This new 72 month program has really made it easy on taxpayers who need longer periods of time to pay off their tax debt. IRS has finally understood that it needs to help taxpayers who are financially struggling.
For IRS debts over $50,000
If your tax debt is more than $50,000, you’ll still need to supply the IRS with a Collection Information Statement (Form 433-A or Form 433-F).
You also can pay your balance down to $50,000 or less to qualify for this payment option. We recommend most of our clients who have the ability to pay this tax debt down to under $50,000  to do so because it makes this process almost seamless.
With an installment agreement, you’ll pay less in penalties, but interest continues to accrue on the outstanding balance.
In order to qualify for the new expanded streamlined installment agreement, you must agree to monthly direct debit payments.
The IRS offer in compromise or the IRS tax debt settlement policy
Offer in Compromise Under the first round of Fresh Start in 2011, the IRS expanded the Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
An Offer in Compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
The IRS recognizes many taxpayers are still struggling to pay their bills so the agency has been working on more common-sense changes to the OIC program to more closely reflect real-world situations.
Generally, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement. The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
Call us today to find out if you qualify for an IRS offer in compromise.
On staff for former IRS agents who not only accepted offers in compromise as former IRS employees but also worked in the appeals acceptance of the IRS tax debt settlement call offers compromise.
We will do a free offer in compromise a valuation so  do not spend any money in the filing of an OIC and less you been qualified to do so.
Please go to your website and fill out IRS form 433 OIC  and return it to us and we will give you a free tax evaluation on whether you qualify for the fresh start offer in compromise program.


Areas of Professional Tax Practice:

• Same Day IRS Tax Representation
• Offers in Compromise or 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 if Tax Records are lost or destroyed
• Tax Return Problems

 
Our Company Resume: ( Since 1982 )

• Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
• On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
• 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”
• 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

 
Tax Return Problems – Former IRS Agents Experts in Tax Return Problems