We are former AFFORDABLE IRS agents and managers who know the system. Since 1982, A+ rated by the Better Business Bureau. Trust Fund Experts.
If you owe trust fund taxes because the IRS to set up the trust fund penalty against you contact us today for a free initial tax consultation and we will walk you through the process of getting immediate and permanent tax relief.
We are composed of tax attorneys, CPAs, and former IRS agents.
As former IRS agents we have over 65 years of direct IRS work experience in the local, district, and regional tax offices of the IRS.
Not only did we work his agents we also worked as managers, supervisors and teaching instructors.
We know all the systems, the protocols, and the settlement theories to get you the best possible tax settlement based on the current facts of your case. So if the IRS has found you a responsible person for the trust fund penalty, call us today for free initial tax consultation and we will walk you through the process of resolving this taxed at once and for all.
There are various options you have for tax relief. The basic options include appeals, hardships, payments, and the offer in compromise.
First Step.
We need to look to find out if you were truly responsible under 6672 of the IRS code. We will conduct a review to find out if there is any way that we can appeal for change the assessment of this trust fund tax. If we feel we would’ve beat this assessment through the appellate process we can go ahead and file an offer in compromise as to doubt as to liability and appeal this assessment.
If you are responsible for the tax, IRS will take a current financial statement and make a determination based on the collectibility of the tax.
How the Internal Revenue Service will work your case if you owe the trust fund tax debt.
IRS will require a 433A, an individual financial statement. You can find that form directly on our website. In some cases the IRS will accept the 433F. everything is dependent where your cases in the IRS collection system.
That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.
We will walk you through the process of how the IRS will work your case in the collection action that can possibly taken. Will also review with you the IRS national standards program on all cases for those who owe back taxes.
Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.
1.IRS determines on 40% of the cases that taxpayers are put into a current hardship which means they can’t pay the tax at this time. Sometimes it is called currently not collectible. Cases that are placed at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time. Interest and penalties still run during this period of time and you are relieved temporarily of paying this tax debt.
2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement. IRS will review your current income and expenses and come up with a payment plan. Be real careful that IRS does not bully you through this payment plan because they are very good at telling you what they want. remember you have appeal rights.
Other taxpayers file an offer in compromise to settle their case for pennies on the dollar. the offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service. You will need to fill out form 433 0ic and IRS form 656 0ic.
The reason I know I am a former IRS agent and teaching instructor of the offer in compromise. I’m a true expert when it comes to the acceptances of offer in compromise. we will carefully review your case to find out if you are an acceptable candidate.
Before you go filing for offer in compromise find out if you are a qualified candidate and walk through the pre-qualifier tool.
Call us today for a free initial tax consultation and we will go through the various remedies to go ahead and relieve you of your tax better manage it in the best way possible.
Trust Fund Tax Debt Relief + IRS Tax Debt Relief Programs + Payments, Settlements + Since 1982
