IRS Back Taxes Help, Tax Levy, Tax Audits, Settlement, Back Tax Returns – Valparaiso, Treasure Island, Bowling Green, Eagle Lake, Egypt Lake-Leto

April 23, 2014
Written by: Fresh Start Tax
Fresh Start Tax

 

We’re one of Florida’s oldest tax resolution firm’s that has been practicing since 1982 in our A+ rated by the Better Business Bureau.

Our firm is comprised of tax attorneys, certified public accountants and former IRS agents.

Our former IRS agents have a combined 60 years of direct tax experience in the local, district, and regional tax offices of Florida’s IRS.

 

 Some quick tax facts

 

  •  the IRS levies some 2 million taxpayers each and every year,
  •  the IRS audits less than 1% of all tax returns every year,
  •  over 16 million taxpayers do not file timely tax returns,
  •  the IRS accepts 38% of all offers in compromise filed
  •  the average settlement is $.16 on a dollar.
  •  the IRS audits some 1.4 million taxpayers by mail every year,
  • the IRS collects over $30 million a year on enforced collections.

 

If you have any back tax issues including a tax levy on your wages or your bank account simply contact us today and generally within 24 hours of receiving your completed financial statement we can usually get a bank or wage levy released.

Regarding Tax Debt Settlements

Guidelines for Requesting an OIC

In order to request an Offer in Compromise from the IRS, you must fill out and submit IRS Form 656.

You also must submit IRS Form 433-A if you are requesting an Offer in Compromise as an individual taxpayer, or IRS Form 433-B if you are requesting an Offer in Compromise as a business.

In order to complete your application, you must pay a $186 non-refundable application fee as well as a payment toward your tax debt.

The amount of your initial payment may vary.

You have the option of paying either:

 

  • 20% of the initial offer amount with your application, with the offer amount to be paid in full once the IRS accepts your offer, or
  • an initial monthly payment, which you continue to pay each month while the IRS considers your application, as well as after the IRS accepts your offer.

 

If you meet the Low Income Certification guidelines of the IRS, you will not need to pay the $186 application fee, or make an initial monthly payment until the IRS accepts your offer.

After the IRS accepts your offer, you must then begin making payments toward your compromised IRS tax debt. You also need to carefully read the terms of acceptance on the back of the offer forms.

Back Taxes Returns an Issue?

Not to worry.

We can file all your back tax returns with little or no tax records using reconstructive methods we learned that Internal Revenue Service.

Do not let not having your back tax records stop you from getting current with IRS.

 

IRS Back Taxes Help, Tax Levy, Tax Audits, Settlement, Back Tax Returns – Valparaiso, Treasure Island, Bowling Green, Eagle Lake, Egypt Lake-Leto

 

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