Category Archives: Uncategorized

IRS TAX RELIEF – TAX REFUND

Great News! 

IRS Tax Relief is a Tax Refund

IRS Tax Relief that results in getting a Tax Refund is always “Good News”.

The California Franchise Tax Board (FTB) has processed the amended tax return for our client Ann M. that we filed on 12/7/17.  They have authorized a refund of $6,035.63 on 1/12/2018 and the check should arrive within 25 business days.

We are very happy to have been able to assist Ann M. with her IRS balance of $19,746 and the FTB balance of $4,772 when you came to us.  Both balances are now gone!

It’s always great to not only let our client know we eliminated their IRS Tax Debt but, they should be expecting a TAX REFUND.

THAT’S WHAT OUR IRS TAX RELIEF TEAM CALL SUCCESS!

IRS Tax Relief – IRS Tax Debt Savings

Our great IRS tax relief team has done it again. Bill & Kathleen M. from Ventura, CA came to us with an IRS tax debt of $457,299.82. Well today, they only owe $1,221.31 because our tax relief team amended their 2013 federal tax return and “VOILA”!!!! That’s what our team does on a routine basis and why we consider ourselves “the best IRS tax relief team”.

THAT’S WHAT WE CALL IRS TAX RELIEF

Our team of IRS tax professionals routinely come to the aid of our clients. This is another great example of our work.

DO YOU HAVE AN IRS TAX PROBLEM?

ARE YOU IN NEED OF IRS TAX RELIEF?

GIVE OUR IRS TAX RELIEF A CALL AND FIND OUT WHAT IS POSSIBLE.

FLAT FEE TAX SERVICE, INC. – GOOD PEOPLE – DOING GREAT WORK

http://www.flatfeetaxservice.us

http://www.flatfeetaxservice.net

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Tax Settlement Attorney – IRS Tax Relief

The Tax Settlement Attorneys, at Flat Fee Tax Service, Inc., have assisted thousands of clients to resolve their tax debt problems with the IRS. This includes halting IRS collections just within 24 hours as well as settling your tax debts for much less than you actually owe. Are you facing tax problems? Are you being audited by the IRS? Our Tax settlement Attorneys can assist with understanding tax law and resolve tax levies, IRS garnishments, federal tax liens, back taxes, and tax relief.

The Tax Settlement Attorneys at Flat Fee Tax Service, Inc. are best for handling complex tax issues. With years of successful hands-on experience in tax settlements, tax levies, IRS garnishments, Innocent Spouse and IRS hardships, our Tax Settlement Attorneys have handled 100s of personal tax debt problems and negotiated many a successful Offer in Compromises.

Tax Settlement Attorneys Can Resolve All Of Your IRS Tax Problems

Diminish the amount of tax debt you owe to the IRS. Halt IRS Levies, Federal Tax Liens, and IRS Garnishments. Avoid or Halt an IRS Wage Garnishments in one day. Avert Property Seizures. Stop Bank Levies. Our Tax settlement Attorneys Help You Resolve Tax Problems such as Return Filing Problems – Penalties and Interest – Enforced Tax Collection.

Taxpayers dealing with IRS tax debt problems are desperate to find solutions, and unethical tax relief companies take advantage of misinformed. Ignoring an IRS tax problem is a big mistake. Don’t make a mistake.

Probably just about everyone (including tax pros that should know the difference) get IRS settlement officers and IRS appeals officers confused. What’s the difference between an IRS settlement officer and an IRS appeals officer? A financially struggling taxpayer will settle with the IRS for that amount or that there is a 40% chance your IRS settlement offer will be accepted.

Flat Fee Tax Service, Inc. Represents IRS Tax Settlement Clients In All 50 States.

Free Advice on How to Settle IRS Tax Debt – 1-800-589-3078

The Tax Settlement Attorneys at Flat Fee Tax Service, Inc. offers tax relief services to help you resolve your tax problem. Nearly everybody has gone through some kind of IRS enforcement difficulty and we all know somebody who is going through it now. But few have effective solutions. Too often, Unfortunately, precious few take the time to understand that an experienced Tax Settlement Attorney will have solutions to every IRS problem.

Don’t wait for your IRS tax debt to blow up in your face.

Halt IRS Levies, IRS Garnishments, Federal Tax Liens

The very last thing your family needs is to be hit with a Federal tax lien, an IRS levy or an IRS garnishment of any kind. With the IRS levy abuse continuing, you may not receive the needed tax relief without engaging experienced Tax Settlement Attorney. Don’t wait until the levy and seizure happen. Contact our team in advance to avoid the IRS levy or IRS garnishment. Be proactive and take control of your life. If you owe the IRS back taxes, you may have already experienced an IRS levy, IRS garnishment, seizure, or suffered from the filing of a federal tax lien. In that case, your immediate objective is to get tax relief from an IRS levy or wage garnishment. Now our expert Tax Settlement Attorneys can certainly prevent IRS levies, liens and garnishments just within 24 hours and surely can seek a great resolution for your tax debt.

FLAT FEE TAX SERVICE, INC. – Good People – Doing Great Work

FREE AND CONFIDENTIAL CONSULTATION – 1-800-589-3078

http://www.flatfeetaxservice.us

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http://www.flatfeetaxservice.net

IRS Wage Garnishment – “Wage Garnishment” Going Through a IRS Wage Garnishment and Need Advice?

IS THE IRS TAKING SOME (OR MOST) OF YOUR TAKE-HOME PAY BEFORE YOU CAN TAKE IT HOME? ARE YOU AFRAID THE IRS WILL TAKE YOUR PAYCHECK?

An “IRS Wage Garnishment” is an IRS tax collection tactic to intercept your money to pay your tax debt before you get a chance to spend it on something else.

There are two things you can do about an IRS wage garnishment:

1.Stop it from happening before it starts by contacting the IRS to resolve your tax problem; or

2.If the deductions have already started, let the IRS Tax Attorneys, at Flat Fee Tax Service, Inc., stop your IRS wage garnishment.

Flat Fee Tax Service, Inc. is the nation’s leading full-service tax relief firm. IRS debt relief | tax debt relief help from our IRS tax attorney. IRS tax relief companies can negotiate installment agreements. IRS tax debt relief problems can be helped with hardship status and Currently not Collectible if you have the right information. Stop an IRS Wage Garnishment in one day.

HOW TO STOP AN IRS WAGE GARNISHMENT

The problem with an IRS wage garnishment is that until your tax debt is paid in full, the IRS has the power to leave you with very little money after they seize the portion of your wages to pay back taxes. Your employer has no power to stop the IRS from taking your paycheck. The best way to stop an IRS wage garnishment, or the threat of one, is to have our IRS Tax Attorney contact the IRS to resolve the back tax problem that triggers this harsh debt collection tactic.

Typically, Flat Fee Tax Service, Inc. can get an IRS wage garnishment stopped, or modified, within 24 hours once we are representing you.

It’s a good idea to look for a permanent solution to your back tax problem because once the IRS has the IRS wage garnishment seizing your paycheck, a related tactic is seizing your bank accounts in a bank levy. The best IRS tax relief team at Flat Fee Tax Service, Inc. is here to help you.

If you call us, our team will explain to you the nature of your tax debt problem and the strategies you can use to resolve it permanently so it no longer threatens your economic life.

You may decide to ask us to resolve your problem for you; to deal with the IRS so you don’t have to – but that will be your decision to make after you clearly understand what we will do to help you, how we will do it and how much it will cost.

We Provide Nationwide IRS Tax Relief.

Whether or not you hire us, we will still give you a free consultation to frame your tax problem and suggest methods for resolving it permanently. Any and all conversations we have with you are confidential, whether or not we end up working together.

You have nothing to lose. Give our team a call and unload some of your worries.

FLAT FEE TAX SERVICE, INC. – Good People – Doing Great Work

FREE & CONFIDENTIAL CONSULTATION: 1-800-589-3078

http://www.flatfeetaxservice.net

http://www.flatfeetaxservice.us

https://www.facebook.com/thebestirshelp

IRS Levy – Stop an IRS Tax Levy Fast

Your Best Bet Is This: Avoid An IRS Levy To Begin With

The IRS Tax Attorneys at Flat Fee Tax Service, Inc. can obtain a release of an IRS levy. Avoiding an IRS levy is a much better strategy. The IRS will negotiate with taxpayers – the key is to maintain the lines of communication. And if your tax problem is complex, you don’t have to and shouldn’t go it alone. The experienced IRS Tax Attorneys at Flat Fee Tax Service, Inc. is available to help you deal with the IRS.

IF YOU DECIDE TO PROCRASTINATE, HERE IS WHAT YOU FACE WITH AN IRS LEVY:

When the IRS issues a Notice of Intent To Levy”, the IRS intends to levy and seize your assets. You have 30 days to challenge the tax levy to attempt tax resolution or pay the amount due.

If you cannot pay your tax debt in full before the IRS is scheduled to seize your assets, you may be able to remove the IRS levy anyway with proper tax resolution by setting up an installment plan with the IRS or by making other arrangements. But the best course of action is to work out a mutually agreeable solution with the IRS – and avoid the IRS levy altogether.

Stop An IRS Levy In One Day

Stop An IRS Levy – IRS Wage Garnishment In One Day

The Best Ways to Release a Tax Levy:

(a) Pay Your Tax Debt in Full
(b) Enter an Installment Agreement
(c) Demonstrate Undue Hardship
(d) File an Offer in Compromise (OIC)
(e) Negotiate a Release of the Levy
(F) Pay Your Debt in Full

An IRS Levy serves one purpose: to allow the IRS to collect the money that you owe for a tax debt. Therefore, if you can raise the cash to pay your debt in full, including penalties and interest, within a reasonable period (up to 120 days), the IRS will release its levy immediately. Such agreements can be negotiated by telephone, in person or by mail.

Enter an IRS Installment Agreement:

You may negotiate an IRS installment agreement by filing Form 9465, Installment Agreement Request, available through the IRS.gov website. Negotiating an installment agreement will also release an IRS levy immediately.

The IRS charges a standard installment agreement user fee of $120 to establish an installment plan. Taxpayers who elect to pay installments through direct debit are charged an installment agreement user fee of $52.

Demonstrate Undue Hardship:

The IRS may also release an IRS levy if following through would deprive you of the means to provide for your basic necessities. You must generally provide financial information to the IRS in order to demonstrate undue hardship. You may provide such information to an IRS agent by telephone or in person or by filing an Offer in Compromise or in hard copy form mailed to the IRS.

If you lack the means to pay at all, you may be placed in Currently Not Collectible status. You may remain in Currently Not Collectible Status indefinitely, but you must undergo reevaluation of your financial circumstances every year. If you remain in Currently Not Collectible Status long enough (generally 10 years), the statute of limitations may run out and your tax obligation would be forgiven.

File an Offer in Compromise – IRS Settlement

You may also obtain a release of an IRS levy by filing an Offer in Compromise (OIC). Call our team today and find out if you qualify to settle with the IRS.

Negotiate a Release of the IRS Levy:

THE IRS TAX ATTORNEYS AT FLAT FEE TAX SERVICE WILL STOP AN IRS LEVY IN ONE DAY.

Yes, on your own, you may be able to negotiate directly with a field agent to have your IRS levy released. Telephone IRS agents generally do not have the authority to release levies, but field agents often do.

If you demonstrate to the IRS that you will be more likely to be able to pay the tax you owe or if you wish to sell real estate or some other valuable asset, but cannot do so while the IRS levy is in place, you may request a levy release. In such cases, the understanding is that you will apply all or part of the proceeds of the sale to pay your overdue tax debt.

Additional Tips to Release an IRS Levy:

File a Collection Due Process or Collection Appeal Request.

The Collection Due Process and the Collection Appeal Process allow you to appeal a tax levy, which releases the levy while your appeal is being considered. You may represent yourself or be represented by an attorney, a certified public accountant or individual who is enrolled to practice before the IRS. The Collection Appeal Process generally provides quicker decisions than the Collection Due Process, but you cannot dispute the results of the Collection Appeal Process in court.

Show that the Statute of Limitations Has Run Out.

The IRS only is only allowed to pursue taxpayers for their tax obligations for a limited period of time. If you can demonstrate that the statute of limitations had expired before the IRS filed its tax levy, you are off the hook. But calculating the statute of limitations accurately can be tricky, because of certain actions, such as spending extended periods outside the country, stop the clock on the statute of limitations. Determining whether the statute has run on your tax levy is a task definitely left to the experts.

Stop An IRS Wage Garnishment:

Can you afford to live on 50% of your paycheck? Of course, you can’t. Who could? When the IRS has failed to collect back taxes, the IRS will begin to seize assets. If phone calls and letters are not returned, they will take the next step. This process is called an “IRS levy”. The IRS is legally allowed to seize your bank accounts, demand payment from accounts receivable, take control of the property for auction, and assume title on vehicles. Virtually anything of value can be seized to satisfy the outstanding debt.

An IRS wage garnishment is the ultimate IRS levy because though the seizure of assets from your paycheck is an ongoing process. If the IRS levy on your wages is removed through tax resolution, the IRS wage garnishment will be stopped.

An IRS Levy (IRS wage garnishment) can be the most stressful and humiliating of all collection tactics. The IRS will do this to force taxpayers into forced compliance. Our team of IRS Tax Attorneys will be able to release your wages from garnishment and stop the IRS levy. Flat Fee Tax Service, Inc. has been successful in getting an IRS Levy (IRS wage garnishment) lifted and stopped in one day.

FLAT FEE TAX SERVICE, INC. – Good People – Doing Great Work

Stop An IRS levy Today: 1-800-589-3078

http://www.flatfeetaxservice.net

http://www.flatfeetaxservice.us

https://www.facebook.com/thebestirshelp

IRS Tax Problems – Direct IRS Tax Relief – We Solve IRS Tax Problems

 

IRS TAX PROBLEMS – IRS TAX RELIEF

IRS tax problems can easily happen.  The IRS tax relief team at Flat Fee Tax Service, Inc. can help you resolve your IRS tax problems such as delinquent tax problems, tax disputes, and IRS back taxes. Our IRS tax relief team are fully experienced in providing effective tax solutions and representation for reducing tax debt, negotiating IRS payments and removing and releasing IRS garnishments. As a nationally trusted IRS tax problem resolution firm, we have years of experience with resolving IRS tax problems. With a commitment to finding a fair resolution to your IRS problems, our IRS Tax Attorneys can assist with any of the following services below:

Owing Back Taxes

It is not difficult to create an IRS tax problem and to fall behind in what you owe the IRS for back taxes. However, it is important to understand the chain of events that begin when you fall behind. Any unpaid balance to the IRS is subject to the interest that will compound daily and to a monthly late payment penalty. When large amounts of tax debt have been owed for several years it is possible that the penalties may equal or exceed the actual amount of taxes owed.

The IRS may consider monies owed for the following reasons:

  • You filed your returns but did not pay in full the amount owed.
  • You filed your returns but the IRS has reason to believe that you under-reported the amount owing.
  • You have not filed your tax returns and so the IRS or files a “Substitute for Return” for you, assuming the amount earned without any of the deductions that you may be legally entitled to.
  • You have gained valuable assets that you have not reported.
  • As an employer, you collected payroll taxes (also known as trust fund taxes) from your employees but failed to forward these sums to the IRS.

IRS enforcement threats and actions, Federal Tax Liens, worrisome wage garnishments, bank levies or federal tax liens–these are the things of nightmares. Individuals who face IRS tax problems tell us that they have trouble sleeping at night, they are stressed, they feel helpless.

Our IRS Tax Attorneys can help. We have the experience, knowledge, and skill necessary to deal with the IRS so that you don’t have to feel under constant threat of harassment and potential loss.

IRS Tax Problems: Missing Tax Returns

Our Tax relief team will review all of your tax resolution options to file your back taxes and delinquent tax returns – all in an effort to minimize IRS penalties and tax debt. Once your back taxes are filed and compliant, we will review your tax settlement options through the Offer in Compromise program.

IRS Tax problems: IRS Federal Tax Liens and IRS Levies

If the IRS currently has a federal tax lien or a tax levy on your business or personal property, our IRS Tax Attorneys will help settle your tax debt in an affordable and timely manner to prevent any seizure of your assets.

IRS Tax Problems: IRS Wage Garnishment

An IRS wage garnishment can have serious implications on your finances and job. Our IRS Tax Attorneys can stop an IRS wage garnishment in as little as one day. Our tax relief team will prepare your missing tax returns and compile a financial statement so that you can become IRS compliant and put an end to your paycheck seizure.

IRS Tax Problems: Your Tax Settlement Options

  • Offer in Compromise (Settle your tax debt for an amount less than what you currently owe)
  • Installment agreement (Distribute tax debt in an installment payment plan)
  • Currently not Collectible (Removes your case active IRS enforcement. The IRS will leave you alone)
  • Penalty and interest reduction (Removal of IRS penalties through an IRS penalty abatement)

Flat Fee Tax Service, Inc.

Nationwide IRS Tax Problem Solving

Good People – Doing Great Work

Free Consultation –

1-800-589-3078

http://www.flatfeetaxservice.us

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https://www.flatfeetaxservice.net

OIC Tax Services – Offer in Compromise Tax Services – IRS Tax Relief

Offer in Compromise – How Our OIC Tax Services Works

The experienced IRS Tax Attorneys and tax professionals at Flat Fee Tax Service, Inc. may, after listening to you and gathering the necessary information, recommend you pursue an Offer in Compromise (OIC Tax Services). Beware of other firms making promises that they can settle using OIC tax services (Offer in Compromise) settlement before knowing all the details about your finances and tax situation. We will never suggest this type of filing until we have analyzed your financial situation in great detail and matched it up with IRS standards to determine the likelihood your OIC (Offer in Compromise) being accepted. To determine if you are qualified and eligible to settle your tax debt through the Offer in Compromise program, our tax relief team will work closely with you to gather detailed financial data to match up to IRS guidelines to determine the likelihood of qualifying for an Offer in Compromise (OIC). If our IRS Tax Attorneys determine that you are likely able to qualify for our OIC Tax Services, we can determine what settlement offer would most likely be accepted by the IRS and determine if you can afford that payment. Once we cross reference all the data, our IRS Tax Attorneys will file all the appropriate paperwork and make the request (which will stop the IRS collection process) and then we wait for the response from the IRS.

IRS Offer in Compromise Help:

How our OIC Tax Service Works

An offer in compromise (OIC) is a great program that is offered by the IRS to help financially troubled taxpayers get back into compliance with the IRS. If an Offer in Compromise (OIC) is approved, it will allow you or a business to settle your tax debt for less. The IRS and States do not easily accept OICs, as only a fraction of taxpayers that apply actually have their offers accepted.

Per IRS 2016 statistics, about 41.8% of the submitted Offer in Compromise submissions (OIC) was accepted by the IRS.  

95% OF THE FLAT FEE TAX SERVICE, INC. RECEIVED A SUCCESSFUL IRS SETTLEMENT (OIC).

WE LIKE OUR RECORD OF IRS SETTLEMENT SUCCESS.

In order to apply for an offer in compromise (OIC tax services), a full financial disclosure of assets, liabilities, income, and expenses with the IRS needs to be submitted. The preparation and documentation for an Offer in Compromise is laborious. We always tell our clients to expect the Offer in Compromise process to take 10 to 12 months. Fortunately, the taxing authorities generally will stop collection actions on the taxpayer once the request is made as long as they don’t believe the request was made as a stalling technique.

OIC Tax Services Equals Offer in Compromise

The IRS Tax Attorneys through our OIC tax services has the advantage of a national perspective regarding the Offer in Compromise process because our tax relief team has active cases throughout the United States, which helps eliminate the misapplication of tax law and prevent unnecessary errors while negotiating Offer in Compromise settlements. Through many years of experience and insight into unpublished IRS administrative practices and policies, our tax relief team through our OIC tax services has developed an expert understanding of the Offer in Compromise process, and because of this, we have been able to settle cases at the lowest amounts the IRS will allow for each qualifying taxpayers situation. That insight we have into the Offer in Compromise process allows us to minimize the opportunity the IRS has to return an offer without resolution.

Why Select Us for our OIC Tax Services (Offer In Compromise)

Our team of IRS Tax Attorneys and tax professionals will never make false promises about your qualification for an IRS settlement through the Offer in Compromise program. Our IRS Tax Attorneys and tax professionals are very knowledgeable about the process of the Offer in Compromise program (OIC) and use various computer models to help determine qualifications and settlement offer amounts to increase your success. If we find out you do not qualify for this program, we will help find the next best IRS tax solutions that fit your financial needs.

FLAT FEE TAX SERVICE, INC.

OIC Tax Services Nationwide

Good People – Doing Great Work

FREE CONSULTATION: 1-800-589-3078

http://www.flatfeetaxservice.us

https://www.flatfeetaxservice.net

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IRS Tax Help – How Can I Fix My Tax and IRS Issues? Tax Help with IRS

Flat Fee Tax Service, Inc. is an IRS tax resolution advocacy group dedicated to protecting taxpayers and businesses from the financial devastation that results from an IRS tax debt. An IRS tax problem not only affects your financial future but can also jeopardize every area of your life. If you hire “the best IRS help” team led by our experienced IRS Tax Attorneys, to help you file an Offer in Compromise, be sure to check record for IRS settlement success. IRS Offer in Compromise is the most desirable solution for people with IRS tax help problems.

Our IRS Tax Help and Tax Relief Services:

1. Offer In Compromise
2. Un-filled Tax Returns, Tax Relief for IRS Tax Debt and Back Taxes
3. Remove Federal Tax Liens, Subordination, and Withdrawal
4. Federal Tax Liens, IRS Tax Levy & IRS Wage Garnishment Appeal, and Removal
5. IRS Tax Attorney Representation – Penalty Abatement – Back Tax Help and Tax Compliance
6. Innocent Spouse and Current not Collectible
7. Effective IRS Offer in Compromise Settlements

95% OF FLAT FEE TAX SERVICE, INC.’S CLIENTS HAVE RECEIVED

A SUCCESSFUL IRS SETTLEMENT.

PER IRS STATISTICS: 42% OF THE OFFER IN COMPROMISE SETTLEMENTS WERE APPROVED.

WE LOVE OUR SUCCESS.

YOU WILL LOVE OUR LOW, AFFORDABLE FEES

Hire Our IRS Tax Attorney & Get Your IRS Tax Problems Solved:

Our dedicated IRS tax attorneys and federal tax lawyers can help find the best possible solution for your federal tax situation and negotiate with the IRS on your behalf for IRS tax relief.

Flat Fee Tax Service, Inc. offers IRS tax help and tax debt relief assistance that can help you settle IRS tax debt for a fraction of the amount owed. With the help of our IRS Tax Attorneys, you can eliminate interest charges and penalties, and even remove a federal tax lien. Due to the IRS tax help, we provide to taxpayers, our tax relief professionals can prevent or stop wage garnishments, provide effective tax debt solutions to property seizures, IRS bank levies and other tax problems.

The IRS is the most powerful collection entities in the country and it has an army of attorneys on its side. Effective IRS tax help representation with an IRS tax attorney experienced in IRS is essential in order for you to defend your rights and protect your assets. With over 50 years of combined experience, Flat Fee Tax Service, Inc. has both the broad IRS tax law knowledge and the specific expertise in form of IRS tax attorney required to handle your IRS tax debt problem.

FLAT FEE TAX SERVICE, INC.

IRS TAX HELP IN THE USA

Good People – Doing Great Work

Free Consultation: 1-800-589-3078

http://www.flatfeetaxservice.us

https://www.flatfeetaxservice.net

https://www.facebook.com/thebestirshelp

 

 

 

Offer in Compromise – How Much Money can an IRS Offer in Compromise Save Me?

WHAT IS AN IRS OFFER IN COMPROMISE?

The Offer-in-Compromise can be a life-saving form of tax relief for those who truly need it. On average people who settle their debt using an Offer-in-Compromise end up paying less than 20% of the actual amount they owed to the IRS.

Approved by Congress to aid financially struggling taxpayers, an IRS settlement through the Offer in Compromise (OIC) program can be the ideal tax debt solution for resolving your tax problem as it can result in significant savings.

In some cases, your financial situation may make it nearly impossible for you to pay off all your IRS tax debt, even when utilizing tax relief over the long term via an installment plan. In such situations, the IRS may be willing to accept an Offer in Compromise and significantly lower your IRS tax debt.

Here is how an IRS Offer in Compromise works:

  • Through the work of our IRS Tax Attorneys, the IRS acknowledges that there is no feasible way to pay off all your tax debt. This means that you do not have enough income to pay off your tax debt and do not have enough valuable assets that the IRS could seize.
  • Using the IRS guidelines for an Offer in Compromise, you offer to pay the IRS the maximum amount that you can afford even though that amount may fall far short of the actual tax debt
  • If the IRS accepts that the amount of your Offer in Compromise, the IRS will agree to compromise, settle and essentially lower your tax debt to match the amount you can pay
  • Once you have finished paying the agreed upon amount, your tax debt is considered “paid in full.” This is true even if the agreed-upon Offer in Compromise is only a small percentage of what you originally owed

95% OF FLAT FEE TAX SERVICE, INC.’S CLIENTS HAVE RECEIVED AN IRS SETTLEMENT.

Our clients get positive tax relief results.

PER 2016 IRS STATISTICS: 42% OF THE OFFER IN COMPROMISE SUBMISSIONS

WERE APPROVED BY THE IRS.

WE LOVE OUR IRS SETTLEMENT RESULTS.

Getting Help with Offer In Compromise

Yes, a taxpayer can submit their own Offer in Compromise. Our team doesn’t recommend it if you are serious. To have a better chance of approval of your Offer in Compromise, one should utilize the assistance of an experienced IRS Tax Attorney for this complex process. The highly qualified, trained and experienced team at Flat Fee Tax Service, Inc. will work very hard to see if this is the best solution for your IRS tax debt.

To be eligible for an Offer in Compromise our IRS Tax Attorneys must demonstrate to the IRS that collection of the tax would create an economic hardship or would be unfair and inequitable.

For the best chances in successfully negotiating an Offer in Compromise, you’ll want an experienced professional with a successful track record on your side. Flat Fee Tax Service, Inc.’s expert IRS Tax Attorneys are highly experienced in preparing, submitting and settling these tax debt cases. By calling one of our Tax Relief Consultants, we will answer any questions you may have and provide you with a better assessment of your options.

FLAT FEE TAX SERVICE, INC.

GREAT PEOPLE – DOING GREAT WORK

1-800-589-3078

https://www.flatfeetaxservice.net

http://www.flatfeetaxservice.us

https://www.facebook.com/thebestirshelp

IRS Fresh Start Initiative – IRS fresh start initiative – Tax Debt Forgiveness Program

The IRS Fresh Start Initiative has had one goal: to make it easier for individuals and businesses to receive IRS tax relief and to pay their back taxes and IRS penalties. The IRS Fresh Start Initiative has been expanded since then, but still holds true to its original purpose. How exactly will it affect you if you’re struggling to pay up? Here are the four components that the IRS Fresh Start Initiative has changed for your benefit.

What Is the IRS Fresh Start Initiative Program?

The image of the IRS is one of intimidation. Whether deliberately cultivated or not, the IRS does little to dispel this perception. In recent years, the IRS has sought to reboot the way it interacts with taxpayers, with IRS agents receiving training and instruction in how to assist taxpayers who are in arrears. The IRS Fresh Start Initiative combines IRS penalty relief, installment payments; federal tax lien releases and a program known as Offer in Compromise that allows many taxpayers to settle their federal tax debts for less than what they actually owe.

How the IRS Fresh Start Initiative Will Help Waive IRS Tax Penalties

Originally, when paying and filing your taxes, missing the April deadline meant immediate interest charges and penalties. But with the IRS Fresh Start Initiative, qualifying unemployed taxpayers can apply to have Failure-to-Pay penalties waived for six months.

The IRS Fresh Start Initiative program was launched in 2012 to help taxpayers who were struggling with the effects of the ongoing financial crisis. The first aspect of the program provided some unemployed taxpayers with exemption from the failure-to-pay penalty.

To qualify for this aspect of the IRS Fresh Start Initiative, wage earners must have been unemployed for at least 30 consecutive days. Self-employed taxpayers must have experienced at least a 25 percent reduction in income due to adverse economic conditions. The IRS also set maximum income limits of $200,000 for married taxpayers filing jointly.

Easy Installment Agreements: 

The IRS Fresh Start Initiative Program also raised the maximum tax owed for taxpayers from $25,000 to $50,000 to qualify for streamlined repayment plans. Under the Fresh Start Initiative payment agreement program, taxpayers may establish payment plans online through the Online Payment Agreement page located on the IRS website (IRS.gov). Taxpayers who owe more than $50,000 may still establish an IRS installment agreement but must either file a Collection Information Statement (Form 433-A or Form 433-F) or make sufficient payments against their past-due tax balance to bring the total tax owed below the $50,000 threshold.

How To Withdraw Notice Of Federal Tax Lien: 

The IRS Fresh Start Initiative raises the minimum threshold for filing an IRS Notice of Federal Tax Lien on taxes owed from $5,000 to $10,000. The new standard is not retroactive, and the IRS may still impose liens against taxpayers who owe less than $10,000 when the agency deems that circumstances warrant doing so. To request that the IRS withdraw the Notice of Federal Tax Lien against liens that have been released, taxpayers must file Form 12777 – Application for Withdrawal, available on the IRS website.

How To Make Use of the Offer in Compromise Program and Settle Your Tax Debt:

An Offer in Compromise, according to the IRS Fresh Start Initiative, allows taxpayers to settle their obligations to the IRS for less than the total amount owed. The IRS only allows taxpayers to obtain IRS tax relief under the Offer in Compromise program in circumstances where requiring repaying the full back taxes owed would constitute an undue burden or in cases where taxpayers demonstrate that they will be unlikely ever to be able to pay the full amount owed.

95% OF FLAT FEE TAX SERVICE, INC.’S CLIENTS HAVE RECEIVED AN IRS SETTLEMENT.

PER 2016 IRS STATISTICS: THE IRS APPROVED 42% OF THE

OFFER IN COMPROMISE SETTLEMENTS SUBMITTED.

WE LIKE OUR RECORD OF OFFER IN COMPROMISE SUCCESS. YOU SHOULD AS WELL.

The IRS Fresh Start Initiative has established more flexible standards in evaluating the financial standpoint of taxpayers who request relief under an Offer in Compromise. As a result, more taxpayers may qualify. .To be eligible for IRS tax relief under the Offer in Compromise program for grounds other than Doubt as to Liability, taxpayers must meet all of the following conditions:

  • Cannot have an open personal or business bankruptcy petition
  • All required tax forms must have been filed
  • All required tax payments for the current year must be paid
  • Business owners with employees must have made current quarterly tax payments

An Offer in Compromise may be either for a single lump-sum payment or for installment payments. To request an Offer in Compromise, taxpayers must submit Form 433-A (OIC) for individuals or Form 433-B (OIC) for businesses along with either $186 to cover the application fee and either a payment of 20 percent of the proposed lump-sum payment or an amount equal to the first proposed monthly installment payment. Individuals and sole proprietors who qualify under Low-Income Certification guidelines set by the IRS are exempted from paying the application fee.

New Installment Guidelines according to the IRS Fresh Start Initiative:

IRS Installment agreements allow a person to make monthly payments on their tax debt if they can’t afford to pay the total at once, and/or aren’t eligible for an Offer in Compromise. In the past, once an individual’s tax balance reached $25,000, the IRS began conducting a financial analysis of the person’s income and expenses to determine how much the taxpayer would pay per month. Additionally, a Notice of Federal Tax Liens was filed.

Under the IRS Fresh Start Initiative, more taxpayers will be able to avoid this invasive process altogether, as the tax balance threshold has been raised to $50,000. At that point, once the installment agreement process is started, you’ll now have six years to pay the debt off. If you are considering entering an installment agreement, let our tax relief team know and our IRS Tax Attorneys will make sure you qualify.

Notice of Federal Tax Liens and the IRS Fresh Start Initiative:

If an individual fails to pay their tax debt the government can file a claim against that person’s property with a federal tax lien. “Property” includes everything an individual owns, including real estate, vehicles and financial assets. The Notice of Federal Tax Lien alerts creditors that the government has a legal right to a taxpayer’s property. This may limit your ability to get credit.

Similar to installment agreements, FSI has raised the Notice of Federal Tax Lien filing threshold to $10,000 from $5,000. The IRS might still choose to file at an amount less than $10,000, but it’s not as automatic as before.

How the IRS Fresh Start Initiative can help with your Tax Problems:

While none of these alternatives represents an easy solution, each of them does provide a viable avenue for IRS tax relief. If you have been struggling to pay your federal income tax burden, investigating possible assistance under the IRS Fresh Initiative program is definitely worth your while, either on your own or with the assistance of a tax professional. You may find that your overall tax burden is significantly reduced.

Are You Wondering if You’re Eligible and Qualified for the IRS Fresh Start Initiative? Give Our Tax Relief Team a Call.

If you’re struggling with paying your taxes, don’t know how to fill out an Offer in Compromise or don’t know which forms to file, contact our tax relief team today. We’ll help you take advantage of the IRS Fresh Start Initiative.

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