Flat Fee Tax Service, Inc. will stop and remove your IRS Wage Levy in 1 Day/24 Hours. Affordable IRS income tax relief help nationwide. If you have an IRS tax liability, you should look at an IRS settlement through the Offer in Compromise program before the IRS executes a Levy on your paycheck, Social Security or other assets. Get a Fresh Start at Affordable Fees. FLAT FEE TAX RELIEF - Christian Values - "A Plus" BBB Rating - Results
You owe the IRS for back taxes. You cannot afford to pay the IRS for your back tax liability. You are in trouble and in a bind.
WHAT DO YOU DO?
The "good news" is that you may be eligible and qualified to settle with the IRS through the Offer in Compromise program.
The IRS, earlier this year, announced an easing of rules regarding eligibility in the Offer in Compromise program. More taxpayers than ever are eligible and qualified to settle their IRS Problems through the Offer in Compromise program. The IRS has called this new program the "Streamlined Offer in Compromise" program.
WHAT is an OFFER in COMPROMISE
An Offer in Compromise is an agreement between you, the taxpayer, and the IRS that will resolve your tax liability for less than what is actually owed. The IRS has the authority to settle back tax debt or "compromise" under certain financial conditions. The most common condition is when it is unlikely that you, the taxpayer, will ever be able to pay your back tax debt in full. This is called "Doubt as to Collect-ability." The settled amount is a reflection of what you, the taxpayer, can realistically pay.
A successful Offer in Compromise is a "win-win" for both you, the taxpayer, and the IRS. You, the taxpayer, can get your "house in order" and breathe a deep sigh of relief knowing that your back tax debt has been resolved. The IRS can also close a case and move on to other cases. The IRS has never a shortage of tax liablity cases to work on. The IRS will collect more through the Offer in Compromise than they would have by continuing to chase you for the money.
Also, statistics prove to the IRS that a taxpayer who settles their back tax debt is more likely to stay compliant, file their tax returns on time and pay their taxes when due. Future filing of tax returns and paying taxes when due is a part of the Offer in Compromise settlement.
According to the 2007 Annual Report by the Tax Advocates Service (Volume 1, page 375), the IRS collected 17 cents ($0.17) for every $1.00 (One Dollar) owed in back taxes through the accepted Offer in Compromise in 2007. The Tax Advocate's Report also showed that the IRS collected only 13 cents ($0.13) for every $1.00 (One Dollar) owed on 2 year old back tax debts and virtually nothing for tax liabilities that were older than 3 years.
NOT EVERYONE IS ELIGIBLE
TO SETTLE WITH THE
But many of you are. The IRS Offer in Compromise program is complex, time consuming and can be daunting for the inexperienced taxpayer. The IRS is not going to make it easy for the inexperienced taxpayer. The Offer in Compromise program can take as little as 6 months (this is rare these days) or an IRS Offer in Compromise could take up to 2 years. As a rule, you can count on an Offer in Compromise to take 13 months before it is accepted. Not all results are the same for everyone, after all, your financial numbers will be different than another taxpayer.
I am Dave Rosa, the V.P. of Client Relations at Flat Fee Tax Service, Inc. I will be conducting your free and confidential consultation. During our evaluation, we will know if you are qualified and eligible to settle with the IRS for less. Although you can negotiate with the IRS yourself, we, at Flat Fee Tax Service, Inc., do not recommend that you submit your own Offer in Compromise. The IRS will look for any reason that they can to declare your Offer in Compromise to be unprocessable. The IRS will look for any "i" that is not dotted or any "t" that is not crossed so that they can kick out your settlement.
When the IRS kicks out an Offer in Compromise as "un-processable," the IRS is not required to give you a reason for the rejection. Hence, you will need to start the process all over again. You will lose valuable time and the IRS can re-start collection activity such as executing a levy against your wages, salary, bank account or Social Security.
WHY FLAT FEE TAX SERVICE, INC. FOR YOUR OFFER in COMPROMISE:
Guided by our Christian Values
Experienced IRS Tax Attorneys
Integrity and Credibility
FLAT FEE TAX SERVICE FEES:
Flat and Fixed
No "Surprise" Additional Fees
Low Initial Retainer
Affordable Monthly Fees to Fit your Budget
THE FLAT FEE IRS SETTLEMENT TEAM - Christian Values
THE FLAT FEE IRS SETTLEMENT TEAM - No Complaints
THE FLAT FEE IRS SETTLEMENT TEAM - Positive Results
Receiving an IRS Notice of Intent to Levy or an IRS Notice to Levy (or other certified mail from the IRS) can be can be daunting, frightening and provide you with many sleepless nights. Just the thought of the IRS seizing your bank account(s), your state income tax refund or payments that you receive from the Federal Government (Social Security / Disability) will be unbearable.
BANK LEVY - When an IRS Levy, such as a bank levy is executed against you, your bank (or brokerage) is legally obligated to immediately freeze any and all of your accounts. The bank will be ordered to hold all of the funds that were in your account at the time of the Levy. The funds that were seized must be held for 21 days (including Saturday, Sunday and holidays), so you have some time to retrieve the funds held but you will need experienced IRS tax help and you will have to hustle. You do not have a single moment to waste. If you do not resolve your IRS problem within those 21 days, the bank must forward your funds to the IRS.
To understand that the IRS will seize your paycheck, your wages, your bank account(s) and file liens against your assets will be emotionally and financially devastating to you. The IRS can seize, take and sell any property you may have. Such items may be an auto, a boat or even your house or rental property. If you have rental units, the IRS could Levy the tenants who pay you monthly rental fees. We, the IRS Tax professionals at Flat Fee Tax Service, Inc., never advise any taxpayer to take on the IRS on their own, especially if their is a levy, lien or Revenue Officer involved in your case.
FLAT FEE TAX SERVICE, INC. WILL START WORKING FOR YOU
The IRS Tax Relief Team, at Flat Fee tax Service, Inc., will start working for immediately upon receipt of our completed Client Agreement as well as the signed IRS Power of Attorney Form (IRS 2848 Form). We do not wait around. Our clients receive our immediate attention.
FLAT FEE TAX SERVICE, INC.
WILL HAVE YOUR
IRS WAGE LEVY
STOPPED and RELEASED IN
1 DAY / 24 HOURS
NO ONE CAN BEAT OUR RECORD
Flat Fee Tax Service, Inc. will have your IRS Wage Levy stopped and released in 1 Day / 24 Hours and then proceed to request a 90 day hold on your case which is called a Stay of Collections. If the Stay of Collections is granted, the IRS will not contact you regarding your back tax debt for up to a 90 day period. this Stay of Collections will give you and your IRS Tax Relief Team the necessary time to negotiate the best possible settlement of your tax liability. The best possible settlement may include: amending your tax returns, an IRS Installment Agreement, a Penalty Abatement, an Innocent Spouse filing, settling your tax debt through the Offer in Compromise program or having you declared to be Currently not Collectible.
FOOD FOR THOUGHT
During the Fiscal Year of 2007 (October 2006 to October 2007), the IRS Enforcement and Statistic facts are these: 3.8 MILLION Levies were executed against delinquent taxpayers. That was in 2007. We all know that the Federal Government is broke and the IRS has been ordered to turn up their collection efforts. It doesn't matter if you are a "millionaire or billionaire" or an elderly person on a fixed income (Social Security / Social Security Disability), the IRS will find you and your source of income and the IRS will seize it. That's the "Facts of Life."
END WAGE GARNISHMENT
STOP IRS WAGE GARNISHMENT
1 DAY / 24 HOURS
You have received a Notice of Intent to Levy, a Notice to Levy or some other Notice via certified mail from the IRS. Please Note: The IRS is only required to send the Notice, the IRS is not required to verify that you actually received the Notice.
What exactly does it mean to you, the delinquent taxpayer, when a Notice of Intent to Levy or a Notice to Levy has been sent to you? After the Notice to Levy has been mailed to you, the IRS can (and the IRS will) notify your employer (or other source of income) that you have a back tax debt owed to the IRS. Your employer (or other source of income) will be required by law to send a very significant portion of your paycheck / wages / Social Security directly to the IRS to offset your tax liability.
The dollar amount sent to the IRS will depend on your filing status, the number of exemptions you claim and the frequency of your pay periods. For instance, in 2008, say you are single, claim 1 exemption and get paid bi-weekly, the IRS could (and will) take all but 344.43 of your paycheck.
CAN YOU LIVE ON $344.43 EVERY 2 WEEKS?
WE DIDN'T THINK SO
If you are married, filing jointly, get paid weekly and claim 3 exemptions, the IRS will leave you with $411.54 per paycheck. You will be financially devastated immediately.
IF YOU ARE MARRIED
CAN YOU LIVE ON
$411.54 PER WEEK?
WE DIDN'T THINK SO
Once again, Flat Fee Tax Service, Inc., never recommends that a delinquent taxpayer take on the IRS by themselves. If you do not have a thorough understanding of your Rights and the Internal Revenue Code, you are asking for trouble.
An IRS Wage Levy is continuous. This means that once the IRS Wage Levy is executed it will be in place and the IRS will continue to seize your money until your back tax debt is paid in full (including penalties and interest), you decide to quit your job (we do not recommend that) or your levy is stopped and released (that's what we do at Flat Fee Tax Service, Inc.).
Your IRS Tax Relief Team, led by the experienced IRS Tax Attorneys at Flat Fee Tax Service, Inc., will have your IRS Wage Levy stopped and Released in 1 Day / 24 Hours. No one can surpass our ability to successfully release your IRS Wage Levy.
FLAT FEE TAX SERVICE, INC.
HAS NEVER FAILED
STOP AND HAVE RELEASED
AN IRS WAGE LEVY
The experienced IRS Tax Attorneys, at Flat Fee Tax Service, Inc., will file our 2848 Form (Power of Attorney) immediately. We will get the IRS on the phone immediately and have a release of your Levy in the hands of your payroll/human resources department within 24 Hours. We can accomplish this because we specialize in IRS Levy Release and have many years of successful experience.
Using our knowledge of the Internal Revenue Code, the IRS Tax Attorneys will obtain a Stay of Collection for you. This Stay of Collection will give us the breathing space necessary to put our "game plan" into action.
Our IRS Tax Relief Action Plan may include:
Filing your delinquent tax returns - By so doing, Flat fee Tax Service, Inc. will be looking to reduce your tax debt as well as the penalties and interest involved when the IRS has prepared a Substitute for Return for your unfiled tax returns.
Amending your tax returns - We, at Flat Fee Tax Service, Inc., have found over the years that many delinquent taxpayers have not applied all of their allowable deductions to their tax returns. We have had great success in reducing our clients back tax debts by reviewing and then amending their tax returns.
IRS Penalty Abatement - What happened to you that caused this IRS problem. Did you go through a divorce? Did you have health issues? Did you care for an ailing relative? Did you have a failed business? Did you have a loss of income? Something happened to you. What was it? You may be able to reduce your tax debt by eliminating the penalties that have been added to your tax debt either through Statute or by what is called "reasonable cause."
Offer in Compromise - You may be qualified and eligible for an IRS settlement of your back tax debt through the Offer in Compromise program. Look, not everyone is qualified and eligible. But, this year, the IRS has eased it's eligibility requirements regarding the Offer in Compromise program. More people are eligible and qualified than ever before. Does your current financial condition qualify you for an IRS settlement? Let's find out.
Currently not Collectible - If you are on a fixed income such as Social Security or Social Security Disability (SSDI) and you have no assets to speak of, you may be declared to be Currently not Collectible. If your income is flat and after all of your allowable expenses are taken into account, you may be declared to be Currently not Collectible. If you are, indeed, not collectible, the IRS will leave you alone for a period of time (usually 18 to 24 months). At the end of that period, the IRS will re-verify your situation and if nothing has changed significantly, you will continue to left alone. The Statute of Limitations will continue to run out and you may never pay anything toward your back tax debt. Now, you can be sure that the IRS will file a Federal Tax Lien. This is a small price to pay for having the IRS "leave you alone."
From the fiscal year of 2000 to the fiscal year of 2007, the IRS increased the amount of levies from 250,000 to 3.8 MILLION. That was an increase of 17 times. The Federal Government is broke and bleeding money. Every day we see on the television the constant fighting over the Federal budget and the Federal deficits. The IRS has been ordered to collect as much money as they can. That means more Wage Garnishments. It means more IRS Wage Levies. It means more bank account(s) levies. It means if your are a delinquent taxpayer, you need experienced IRS Tax help.
I am Dave Rosa, the V.P. of Client Services at Flat Fee Tax Service, Inc. I will be conducting your free and confidential consultation. During our evaluation of your IRS problem, it is my duty to you, as well as Flat Fee Tax Service, Inc., to provide you with a straightforward action plan that will resolve your current IRS problem. our experienced IRS Tax Attorneys have never failed to have an IRS Wage garnishment stopped and released. Never. Stopping an IRS Wage Levy is the 1st step in the process of resolving your IRS problem.
If you receive a Notice of Intent to Levy, a Notice to Levy or have had a notice of wage garnishment at your employer, contact us immediately. When you engage us, at Flat Fee Tax Service, Inc., you can be comforted to know that our IRS Tax Relief Team has never failed to have an IRS Wage Levy stopped and released. You can expect your IRS Wage Garnishment to be stopped and released in 1 Day / 24 Hours.
WHY FLAT FEE TAX SERVICE, INC. FOR YOUR IRS LEVY PROBLEM:
Guided by Our Christian Values
Highest Ethical Standards
Experienced IRS Tax Attorneys
IRS Wage Garnishment Stopped and released in 1 Day
If you are reading this you are more than likely one of the many taxpayers who have an IRS back tax debt. We, Flat fee Tax Service, Inc., understand your fear. We know that you have anxiety over your back tax debt. You are not alone. The IRS knows that there are millions and millions of dollars in unpaid back tax debt and the IRS is looking to collect.
Many taxpayers, like yourself, fail to pay or fall behind in paying your taxes for a variety of reasons. You may have had major health issues, possibly a divorce, a job loss or loss of income. Small business owners may find themselves falling behind with their payroll taxes which will quickly escalate into a very large tax debt which will include penalties and interest.
The amount of your back tax debt may quickly add up and discourage you. You may feel that your back tax debt will never be paid. Because of your fear, anxiety and discouragement, you may fail to file your tax returns. It may be your hope that IRS will overlook your delinquent tax returns.
You may be worried and anxious that coming forward will get you into even more trouble with the IRS. You may think, erroneously, that by coming forward you will find out that you owe even more than you do. You may think, once again erroneously, that the IRS will forget you. Wrong. Wrong. Wrong.
Not doing anything is the worst possible thing that you can do. What you do not realize is that everything is negotiable with the IRS if you have an experienced IRS Tax Attorney.
WORK WITH A FIRM YOU CAN TRUST
The IRS Tax Attorneys at Flat Fee Tax Service, Inc. have many successful years helping clients such as yourself. Flat Fee Tax Service, Inc. has never had a client complaint.
OFFER in COMPROMISE - As heartless and relentless as the IRS can be, the IRS does realize that life happens. Sometimes a taxpayer, such as yourself, may end up with a enormous back tax debt that you will be unable to pay. The IRS has an IRS settlement program called an Offer in Compromise. The Offer in Compromise program is a win-win situation for both the IRS and you. The IRS collects on the back tax debt while getting you, the taxpayer into compliance. Being in compliance means that you are filing your tax returns and paying the amount that you owe. In return, you, the taxpayer, pays a drastically reduced amount. The Offer in Compromise program is a complicated process and we highly recommend that an experienced IRS Tax Attorney prepare your Offer in Compromise. You must meet certain requirements to be qualified and eligible for an IRS settlement through an Offer in Compromise.
The IRS has eased its requirements for Offer in Compromise eligibility. More taxpayers than ever are now eligible and qualified for a Streamlined Offer in Compromise.
CURRENTLY NOT COLLECTIBLE - For those taxpayers who are on a fixed and limited income, such as Social Security or Social Security Disability (SSDI), or are experiencing financial hardship, you may qualify to be placed in Currently not Collectible status. If your experienced IRS Tax Attorney convinces the IRS that you, the taxpayer, are in economic peril, the IRS will determine you to be Currently not Collectible. The IRS will cease all collection activity against you. The IRS will not attempt to collect from you. Currently not Collectible status last for a period of time (usually 18 to 24 months). At nthe end of this period, the IRS will re-evaluate your financial situation. The Statute of Limitations will continue to run out and you may never pay anything toward your back tax debt.
PENALTY ABATEMENT - If you, the taxpayer, show the IRS an inability to pay your back tax debt, the IRS may abate some of the penalties that have been added to your tax liability. The IRS may also abate the your penalties due to a reasonable cause. A reasonable cause for your IRS problem can be many things. A divorce, loss of income, bad tax advice by a professional or the IRS, health issues, etc. can all be reasonable cause issues.
INSTALLMENT AGREEMENT - If you do not qualify for an Offer in Compromise or to be declared Currently not Collectible, but still cannot pay your full tax liability in a single payment, the IRS offer an Installment Agreement option. An Installment payment plan is negotiated with the IRS to make the repayment of your back tax debt more manageable. You, the taxpayer, may qualify for a Partial Payment Installment Agreement where smaller payments are made which will total less than your original tax debt.
PLEASE NOTE - Never negotiate an Installment Agreement with the IRS unless your are positive that your back tax debt has been reduced to its lowest possible amount.
I am Dave Rosa, the V.P. of Clients Relations with Flat Fee Tax Service, Inc. I will be conducting your free and confidential consultation regarding your IRS problem. It is my duty to you as well as Flat Fee Tax Service, Inc., to provide you with an honest and straightforward evaluation of your tax problem. Negotiating with the IRS can be intimidating. The Tax Code is perplexing as well as astounding in its complexity. Flat Fee Tax Service, Inc. will start working for you immediately. The experienced IRS Tax Attorneys, at Flat Fee Tax Service, Inc. will negotiate an IRS settlement that you can afford to live with. Our tax team will provide you with an action plan that will have our best recommendations to resolve your IRS problem.
WHY FLAT FEE TAX SERVICE, INC. TO SOLVE YOUR IRS PROBLEMS:
Guided by our Christian Values and Principles
Accredited by the Better Business Bureau - A- Rating
Experienced IRS Tax Attorneys
Credible and Throrough
FLAT FEE TAX SERVICE, INC. FEES:
Fixed and Flat
Low, Fair and Reasonable
Low Initial fee to Start Immediate Work
Credit Available for everyone - Low Monthly Payments that Fit Your Budget
With the news that JK Harris & Company has filed for Bankruptcy protection, Flat Fee Tax Service, Inc. is informing former clients of JK Harris & Company that we will provide them with an honest and straightforward evaluation of their IRS problem.
The IRS is not sympathetic, nor does the IRS care about your relationship with your tax representative. The IRS will not cease and stop collection efforts against you because you had picked the wrong tax resolution company to represent you. The same holds true with former clients of Roni Deutch.
FLAT FEE TAX SERVICE, INC. OFFERS A FREE CONSULTATION
TO EVERYONE WITH AN IRS PROBLEM
JK Harris & Company filed for bankruptcy protection following a class action lawsuit that would force JK Harris & Company to pay $4 Million and a settlement claim owed to the Texas Attorney General's office for another $1.1 Million after they ruled that the company mislead customers.
HOW DOES THIS HAPPEN
JK Harris & Company, as well as Roni Deutch, may have entered into the Tax Resolution industry with the best of intentions but somehow they lost their way due to greed. They became so big that they could not handle the volume of clients that their "sales force" was generating. As a consequence, it is our opinion that they took on clients who should not have been promised a settlement when they were not qualified and eligible.
WHAT YOU SHOULD EXPECT
FLAT FEE TAX SERVICE, INC.
Same Day IRS Tax Relief Representation
IRS Wage Levy - Stopped and Released in 1 Day / 24 Hours
IRS settlements through the Offer in Compromise program
Release of IRS Bank Levy and IRS Wage Garnishments
IRS Hardship Cases / Unable to Pay - Currently not Collectible
Reconstruction of Tax Records When Lost or Unavailable
FLAT FEE TAX SERVICE, INC.
WILL STOP AND HAVE RELEASED
IRS WAGE LEVY
1 DAY / 24 HOURS
Do not be bullied by the IRS. Yes, the IRS is the most powerful collection agency in the world, but you have Rights. Have the experienced IRS Tax Attorneys at Flat fee Tax Service, Inc. bully the IRS back and have your IRS Levy stopped and released. Have your IRS case closed.
I am Dave Rosa, the V.P. of Client Relations at Flat Fee Tax Service, Inc. I will be conducting your free and confidential consultation. It is my duty to you, as well as Flat Fee Tax Service, Inc., to provide you with an honest and straightforward evaluation of your IRS problem. I will provide you with an action plan to IRS tax relief. Our action plan will be based on your particular set of circumstances. We, at Flat fee tax Service, Inc. have never had a client complaint because we only work on cases that we know can be helped.
WHY FLAT FEE TAX SERVICES, INC. FOR YOUR IRS TAX RELIEF:
Guided by our Christian values
High Ethical Standards
Experienced IRS Tax Attorneys
IRS Wage Levy Stopped and Released in 1 Day / 24 Hours
In a few days, taxpayers who requested an extension will need to file their tax returns. If you have a tax return ready to be filed and don't have the money to pay, file your tax return. Do not let the fact that you do not have the money to pay stand in the way of filing your tax return. If you file on time, you will eliminate the Failure to File penalty and you will be Compliant with the IRS.
1. SEND IN YOUR TAX RETURN
If you do not have the money to send to the IRS for your taxes due, you need to send in your tax return by the filing deadline. Yes there is a penalty for paying late but the penalty for filing late is much more severe. Failure to file can also have criminal implications. So, the "moral of this story" is this: file your tax returns on time.
2. CAN'T PAY THE IRS? TRY AND FIND THE MONEY
No matter how much that you owe for back taxes, you should look to find possible sources to obtain this money. You should consider accessing equity in your home, credit cards, savings, or cashing out vacation pay. Whatever you do, do not tap into your IRA or 401K. Doind so will only create more tax problems for you.
3. IF YOU NEED "JUST A LITTLE TIME"
Without a doubt, it is best to pay your tax debt at the time of filing your tax returns. However, if you need "just a little time" to pay you taxes, time for your next paycheck or time from some other source, don't worry. You can do that. if you filed your tax returns on time but did not pay, the IRS will send you a notice stating how much you owe and the interest that has been added.
If you know that you will have the money to send to the IRS in a shot period of time, it may make a lot sense to wait until the IRS sends you a bill. The amount of interest at that time may be considerably less than other sources.
4. CONSIDER AN IRS INSTALLMENT AGREEMENT / PAYMENT PLAN
The IRS / Federal Government would like to get their money over a period of time rather than not at all, the IRS does have an Installment Agreement for those who cannot pay their taxes in full. The IRS will give you options to pay by mail or by automatic deductions of the bank account, debit card or from your paycheck.
PLEASE NOTE: We, at Flat Fee Tax Service, Inc., always recommend that a taxpayer look at all of the options before agreeing to an IRS Installment Agreement. Your options may include: amending your tax returns, requesting a Penalty Abatement, filing for an IRS settlement through the Offer in Compromise program or being declared Currently not Collectible.
5. IF AN INSTALLMENT AGREEMENT WILL NOT WORK FOR YOU
If you do not have the ability to find the money or just don't have the money to enter into an IRS Installment Agreement, you should look at 2 strategies to resolve your back tax debt.
One is to settle with the IRS for less. The program to settle with the IRS is called an Offer in Compromise. The IRS has, this year, eased up on their eligibility requirements and more people are qualified to settle. An Offer in Compromise can be paid in a lump sum or in monthly payments.
Also, you could be declared to be Currently not Collectible. This means that you do not have enough money, after taking into account your allowable expenses, to pay the IRS anything. If you are on a fixed income, Social Security or Social Security Disability (SSDI), yo may very well be Currently not Collectible.
An Offer in Compromise or being declared Currently not Collectible are evaluated on a case by case basis. You may not be approved but the IRS has a formula in the decision making. The experienced Tax Attorneys and staff at Flat Fee Tax Service, Inc. are well versed in IRS standards and policies. We will know after our consultation if you are indeed qualified and eligible to be declared Currently not Collectible or qualified to settle with the IRS for less.
I am Dave Rosa, the V.P. of Client Relations at Flat Fee Tax Service, Inc. I will be conducting your free and confidential consultation. When you and I have that conversation, we will discuss what the IRS is doing to collect your back tax debt. We will also discuss if you have any delinquent / unfiled tax returns that need to be addressed. We will, at that time, have an action plan that will resolve your IRS problems.
WHY FLAT FEE TAX SERVICE, INC. WHEN YOU HAVE IRS DEBT:
The IRS (Internal Revenue Service) has many enforcement tools (collection hammers) that allows them to collect money for the Federal Government. We all know that during this economic downturn, struggling taxpayers are barely making ends meet and that the Federal Government (and States) is broke. If you owe the IRS money for a back tax debt, you should expect the IRS to be overly aggressive in their collection efforts.
DON'T LET THE IRS HAMMER YOU GET A FRESH START
The IRS will start the enforcement or collection process with Notices generated from the Automated Collection System (ACS). Later, in the IRS Collection process, an IRS Revenue Officer (RO) may be assigned to your case. That Revenue Officer may leave a card on your door at your home. Or, the Revenue Officer may make an unannounced visit your place of business.
A Revenue Officer may levy your bank account, savings account or may garnish your paycheck. Your Social Security benefit may very well be levied. A Revenue Officer (RO) also has the power to shut down a business as well as seize your assets such as your home. You may be surprised to find out that the IRS has filed a Tax Lien with your County Recorders Office or County Court House.
The above IRS collection actions will not happen all at once. These IRS enforcement actions will not happen after the 1st IRS Notice that is generated from the Automated Collection System (ACS).
An IRS Wage Levy, an IRS Bank Levy, an IRS asset seizure or a Federal Tax Lien can happen at any time after an IRS letter "Final Notice Before Levy" has been sent. PLEASE NOTE: You do not have to receive this Notice. It is only important for the IRS to have sent it. The Final Notice Before Levy may have been sent to a previous address of yours.
An IRS levy, federal tax lien or asset seizure usually happens when there is a breakdown in communication between the Revenue Officer (RO), you and/or your designated power of attorney.
CONSULT WITH AN
EXPERIENCE IRS TAX ATTORNEY
If you owe the IRS money, you really should consult with an experienced IRS Tax Attorney. You have Rights. You can be protected. If you have temporarily had your Rights taken away due to delinquent tax returns or unfiled tax returns, this IRS problem can be remedied. An experienced IRS Tax Attorney, who regularly practices before the IRS, can advise you of your Rights and present you with the options that will be available.
Your IRS Tax Attorney will act as a buffer between you and the IRS and this will allow you to lower your anxiety, as well as give you the freedom to concentrate on earning a living. You should not be engaging the IRS on your own. Inevitably you will say the wrong thing and it will come back to harm you. The IRS is the most powerful collection agency in the world. You do not stand a chance on your own. You may think you resolved your problem, but you probably agreed to a "bad deal." An IRS Tax Attorney who is experienced in handling IRS problems can explain IRS policies and procedures and will assist you in developing an action plan for resolving your back tax debt.
DO YOU OWE THE IRS THE MONEY
The 1st and most important step in resolving an IRS tax debt is to determine whether or not you "you owe the money." A review of your tax returns and IRS letters and notices will be necessary to determine if the amount of your tax debt is correct. If all that information is not available from your records, your IRS Tax Attorney will have the Revenue Officer provide them from the IRS computer. The Revenue Officer will not have copies of documents but he/she can secure computer printouts of the pertinent information. IRS Revenue Officers have busy case loads and do not spend much time researching for taxpayers. a print out of your tax account information is available to taxpayers and the authorized representatives and it will not be necessary to go through the Freedom of Information Act.
WHAT ARE YOUR OPTIONS?
Once the amount of your back tax liability is known to be correct, it will be time to discuss the options available to you for either payment or tax resolution. The most common options are to negotiate an Installment Agreement, prepare an IRS settlement through the expanded Fresh Start Offer in Compromise program or being declared to be Currently not Collectible. The method to be chosen will be determined by your personal facts and circumstances. Each of your options has its advantages as well as disadvantages and you will have to weigh the pro and cons carefully in the light of your own individual or company circumstances.
An IRS Installment Agreement - The Internal Revenue Code requires all taxpayers pay their taxes either through their payroll withholding or through estimated tax payments. If your tax debt is not paid in full, the IRS will start collection activity. The IRS has the authority to grant, with restrictions, an Installment Agreement.
Before the IRS will negotiate an Installment Agreement, you will need to comply with the following:
All income and employment tax returns currently due must be filed and paid timely.
All current taxes must be paid on time.
The Revenue Officer will want you to show that you do not have the ability to borrow from outside sources such as a bank or relatives.
The Revenue Officer may require that any net equity in assets be converted to cash and applied to your back tax debt.
If you owe more than $25,000, you will be required to complete a Form 433A (Collection Information Statement for Individuals) or a Form 433B (Collection Information Statement for Business). These forms are signed under penalty of perjury. The Revenue Officer will use these forms to determine the type and location of your assets as well as your cash coming in and flowing out.
The Revenue Officer will check these forms for accuracy. A Revenue Officer will check the credit bureaus, the court houses, the departments of motor vehicles, state agencies and other Federal agencies. The Revenue Officer will use this information to determine if all of the assets and liabilities that you listed are valid and also to determine if you have assets that can be levied, seized and sold.
DO NOT NEGOTIATE ON YOUR OWN
The cash flow section of the 433A Form will be used by the Revenue Officer to determine what your Installment Agreement will be. Don't be surprised if the Revenue Officer "grinds" you concerning your rent, your utilities, groceries and will make recommendations that you reduce the amounts spent on "essentials" so that the IRS can have a larger payment.
Other expenditures such as tithing, contributions, cosmetics, clothing, dancing or gym classes, college tuition and what the IRS calls "optional" expenses may not be allowed by a Revenue Officer. This is where an experienced IRS Attorney can really help you. The IRS provides a Revenue Officer no hard guidelines and a Revenue Officer's decision is based on their own judgement.
OFFER in COMPROMISE
Fresh Start Offer in Compromise -The Offer in Compromise program is an old procedure that has been expanded this year to include more taxpayers who are struggling financially. The IRS Fresh Start Initiative has made the eligibility requirements easier for struggling taxpayers to qualify. The IRS has eased its requirements for submitting, investigating and approving an eligible Offer in Compromise. A taxpayer who is having a "tough go of it" would be silly not to take advantage of the IRS settlement program known as the Fresh Start Initiative.
There are 3 types of Offer in Compromise:
Doubt as to collectibility
Doubt as to liability
Effective Tax Administration
LET'S MAKE A DEAL
If you have few if any assets such as a home with equity, real estate, stocks, bonds, retirement funds or other investments, submitting an IRS settlement through the Fresh Start Offer in Compromise may be your viable solution to your back tax debt.
If you are at an age and/or an income level where your back tax debt will never be paid in full, an IRS settlement through the Offer in Compromise program is just the way to resolve your tax liability.
There has been much written this year regarding the Offer in Compromise program. The IRS Commissioner, Douglas Shulman, has made announcements proclaiming an easing of the eligibility requirements for Offers.
I am Dave Rosa, the V.P. of Client Relations at Flat Fee Tax Service, Inc. Your free and confidential consultation will be provided by me. It is my duty to you, as well as Flat Fee Tax Service, Inc., to provide your with a straightforward and honest evaluation of your IRS problem. During your consultation we will provide you with an action plan to resolve your tax debt. After you become our client, our experienced Tax Attorneys will immediately contact the IRS and take the necessary steps to stop a levy, place your case on a collection hold and start the process to get you a fresh start through a tax relief program.
WHY FLAT FEE SERVICE, INC WHEN YOU OWE THE IRS:
We Are Guided by Christian Values and Principles
Accredited by the Better Business Bureau - A Plus Rating
High Moral and Ethical Standards
Experienced IRS Tax Attorneys
Credible and Thorough
FLAT FEE TAX SERVICE, INC. FEES:
Fixed and Flat - No Hidden Fees
Affordable, Fair and Reasonable
Low Initial Retainer
Credit Available for Everyone - Low Monthly Payments to Fit Your Budget
October 17th, is the deadline to get your tax return filed if you requested an extension. You only have a few days to accomplish this. Hopefully, your taxes will be filed on time and that you are currently relaxing in post tax season glow. If not, here is our advice on how to get your taxes taken care of without incurring excessive fees and penalties.
Don't Wait Any Longer - The best advice we, at Flat Fee Tax Service, Inc., can give you is not to wait any longer to file any delinquent tax returns, no matter how old the tax return is. Get your tax returns prepared and filed as soon as possible. If you get your return filed within the next couple of days, any penalties you’re assessed will be minor, and you may escape the penalties altogether. However, the longer you wait, the more you will end up owing Uncle Sam.
You Will Get Another Extension - Unfortunately, the time is now to file with the IRS before the deadline. You were given the opportunity to get an additional six months to file your return.
Be Fast, But Cautious - Although you should get your tax returns filed as quickly as you can, you still need to be accurate and meticulous. Mistakes on your taxes can cost you money through missed deductions, or improperly reported income, and can even invite an audit. Only claim deductions and credits that you are entitled to; make sure you include all sources of income on your return; and double check to make sure your Social Security number, address, and other personal information are all accurate. And for heaven’s sake, remember to sign your tax returns!
FTP and FTF Penalties - There are two types of penalties that the IRS can assess, Failure to File (FTF), and Failure to Pay (FTP). Therefore, even if you cannot afford to pay the taxes you owe, you should still file a return ASAP to prevent at least one type of penalties. If you don’t file or pay, the IRS will hit you with both.
Payment Options - If you do not have enough money in the bank, under your mattress or buried in your back yard to pay the taxes you owe, you might want to think about paying by credit card. The IRS does accept credit card payments, just be aware that you will have to pay an additional fee, as well as interest to your credit card company. Of course, that might be a small price to pay for avoiding the stress and hassle of IRS debts.
IRS Installment Agreement a/k/a Payment Plan - Depending on how much you owe, you may be able to set up a payment plan with the IRS, also known as an installment agreement. If you owe less than $25,000, you can use the IRS' Online Payment Agreement program to submit your application. Alternatively, you really should consider contacting a tax lawyer or enrolled agent to prepare the application on your behalf. Before you enter into any Installment Agreement with the IRS, consult with an experienced Tax Attorney 1st. Be sure that your back tax debt has been reduced to the lowest amount possible.
Substitute for Return - If you do not file a return, then the IRS will file a substitute return on your behalf. This is called a "Substitute for Return" (SFR). A "Substitute for Return" isNOT A TAX RETURN. Just because a the IRS uses the word "return" do not confuse it with an actual tax return. A "Substitute for Return" is an assessment which gives the IRS the legal requirement necessary to Levy you.This is not a good thing since the IRS will not include deductions, credits or exemptions for which you are eligible. As you can imagine, that can make your tax bill much larger than it should be. Avoid the entire mess, and file your returns, even if they are late. You have the right to go back and file your delinquent / unfiled tax returns even if the IRS filed a "Substitute for Return." We, at Flat Fee Tax Service, Inc., recommend this and will assist you in filing which will lower your "alleged" tax debt.
Get Professional Help - Remember, you always have the option to hire an experienced Tax Professional to help get your tax return(s) filed, and setup a payment plan (IRS Installment Agreement) with the IRS. Just keep in mind that many tax preparation offices have seasonal hours, so remember to call and make an appointment as soon as possible.
I am Dave Rosa, the V.P. of Client Relations with Flat Fee Tax Service, Inc. Your free and confidential consultation will be conducted by me. During our evaluation, we will come up with an action plan that will be finely tuned after we contact the IRS on your behalf. When we contact the IRS, we will know the entire scope of your IRS problem. Whatever your IRS problem may be, Flat Fee Tax Service, Inc. can resolve it. If you have delinquent tax returns that have not been filed, we can rectify that tax problem and have your Rights restored. The 1st step in reducing your tax debt is getting you to be Compliant.
WHY FLAT FEE TAX SERVICE, INC. FOR YOUR IRS TAX HELP:
Guided by our High Ethics and Christian Values
Accredited by the Better Business Bureau - A-Rating
Experienced IRS Tax Attorneys
Ability to Stop and Have an IRS Levy Released in 1 Day