AFFORDABLE Fresh Start Tax LLC “A” Plus Rated by the BBB 954-492-0088 A Local South Florida Professional Tax Firm Practicing Tax Law and Tax Relief Programs since 1982. One of South Florida’s most trusted and established tax firms.
Fresh Start Tax, LLC is one of South Florida’s most experienced professional tax firms. With over 140 years of IRS tax experience.
Staff who has worked for the IRS at the local South Florida IRS offices for 60 years as former IRS agents, managers and instructors. We are the very best!
Tax Relief Programs come in different forms. Being former IRS Agents we know every tax program available to settle your IRS Tax case and problem.
You are best served by making an appointment to come in and discuss your individual tax problem to find a remedy that fits your need.
Free tax consultations.
How we work your case for tax relief:
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 all your tax returns are filed and current. If your tax returns are not up to date, the 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 even if you have lost your tax records.
3. The 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. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case based on current financial needs.
5. Tax Relief Programs/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 meet your current expenses. The 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 used 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.