Flat Fee Tax Service announces another successful IRS settlement through their Offer in Compromise program. Our clients, Paul and Alissa V. of Palm Desert, California received a Fresh Start IRS settlement. Our Flat Fee Tax Service clients, Paul and Alissa V., will pay the IRS only $1,000.00 (1 thousand) on a tax debt of $85,000.00 (85 thousand).
That is what we call a SETTLEMENT.
Many struggling taxpayers are unaware of their IRS Offer in Compromise options. Not everyone is eligible. If you have no or limited assets and have a limited income, you need to look at the IRS Fresh Start Initiative. A struggling taxpayer needs to owe the IRS more than $10,000.00.
Call Flat Fee Tax Service for your free and confidential consultation.
The IRS Offer in Compromise program consists of lots of paperwork and is designed by the IRS so that a novice will fail. The Offer in Compromise program is a back and forth negotiation. An IRS settlement is a financial formula based on many factors including your assets and monthly income. If you are struggling financially, you owe it to yourself to look into getting yourself an IRS Fresh Start.
Flat Fee Tax Service client, Bob E. from central New York, called us when he was facing an IRS levy on his Social Security Disability check. We all know that Americans who are receiving a Social Security Disability (SSDI), Social Security or getting a Veteran’s Pension check do not have any discretionary income and live day to day.
The IRS tax relief team at Flat Fee Tax Service had the IRS levy on Bob E’s Social Security Disability check stopped and released. That was the first step in getting Bob E. a Fresh Start. Our experienced IRS tax preparation department then prepared Bob’s missing tax returns. This was needed to get Bob compliant. You cannot file for an IRS settlement through the Offer in Compromise program without being IRS compliant.
Once the unfiled tax returns were prepared and submitted to the IRS, all that was left was the Offer in Compromise.
The IRS tax relief team at Flat Fee Tax Service proudly announces that our client, Bob E. of central New York had his Offer in Compromise accepted.
BOB E. SETTLED HIS $18,000 IRS TAX DEBT FOR $100.00
You read that right. The IRS accepted Bob E’s Offer in Compromise settlement and he now has peace of mind and he will have a Fresh Start.
An IRS Offer in Compromise is a settlement for a tax debt owed to the IRS. The IRS will accept a settlement offer if it can be shown that the tax debt cannot be repaid and that it will cause you a financial hardship. An accepted IRS settlement can be paid all at once or in installments.
Before you file for an IRS settlement through the Offer in Compromise program, you must:
1. File all tax returns that you are legally required to file.
2. Make all required estimated tax payments for the current year.
3. Make all required tax deposits for the current quarter if you are a business owner with current employees.
If you are currently in a bankruptcy, you are not eligible for an Offer in Compromise. You must wait for the discharge or dismissal of your bankruptcy.
Our client, a Christian Minister from New Bern, North Carolina, received the great news. His IRS Offer in Compromise was accepted by the IRS.
WHAT ARE YOU WAITING FOR?
If you are eligible and qualified, you can get a Fresh Start through the IRS Offer in Compromise program.
The tax relief team at Flat Fee Tax Service is proud to announce another successful IRS acceptance of an Offer in Compromise.
Our client, a Christian Minister, from New Bern, North Carolina came to us at time of need. The IRS was about to levy our client’s modest income. Christian Ministers do not make a lot of money. After a lengthy consultation, our tax relief team came up with a game plan. First (1st) stop the levy and then take on the overall tax debt that the IRS was vigorously pursuing.
Today, Flat Fee Tax Service is proud and happy to announce the successful IRS acceptance of our client’s Offer in Compromise. Flat Fee Tax Service prepared the Christian Minister‘s IRS settlement which resulted in his $36,000 tax debt being settled for $2316. This is what a successful Offer in Compromise should look like.
Our client, a good man, and Christian theologian, will now have his Fresh Start and can put the IRS behind him.
Flat Fee Tax Service only accepts clients that we know we can help. An action plan will be determined during our initial consultation. During our free and confidential consultation, we will offer you our best advice
The tax professionals at Flat Fee Tax Service routinely have an IRS wage levy stopped and released within 24 hours. Our teams are located in Clearwater, FL and San Diego, CA. We are the nationwide leader in saving paychecks from an IRS levy. Do you want fast and affordable relief from an IRS levy (Bank or Wage)?
If you want quick, fast, affordable and reliable IRS tax relief,
Contact Flat Fee Tax Relief at 1-866-747-7435
for your free and confidential consultation today.
When you contact the able IRS tax relief team at Flat Fee Tax Relief, we can determine if you:
1. Qualify as a hardship case. If you are, Flat Fee Tax Relief will work to have you placed in Currently Not Collectible status.
2. See if you are eligible and qualified for a Fresh Start through the IRS Offer in Compromise program.
3. If you are qualified to settle your back tax debt, then negotiating an Installment Agreement with the IRS may be the answer to your IRS resolution.
Flat Fee Tax Service is very happy to announce that, once again, a client has received a Fresh Start through a successful IRS Offer in Compromise. Our client, who lives in the Atlanta (Fayetteville), GA area, had her $42,000.00 IRS back tax debt reduced to $2400.00. That is what is possible if you are eligible and qualified, should you decide to have your IRS Offer in Compromise prepared by the able tax relief team at Flat Fee Tax Service, Inc.
This is the very kind letter of appreciation that our Atlanta, GA client.
I can’t thank you all enough for resolving my IRS problem. I have nothing but appreciation for the way it was handled. Your efforts from beginning to end were always prompt and effective.
I first called another Tax Service, talked to the gentleman, while talking with him; he received an emergency call from another client and said he would call me back within an hour, never happened. Time was of the essence for me, I searched the internet again and came across “Flat Fee Tax Services” I said, to myself now that’s a good name for this type of business, the rest is/was history.
I called Flat Fee, spoke to Dave Rosa, while I was a panic state of mind and stressed over the worst possible scenario, YOU managed a balance between calm and urgent, and put first things first. (Not sure which one of you gets this PAT on the back Holger or David) I was within 5 days before garnishment, you acted promptly to STOP the Levy and I thank you so much!!!
Then when that immediate heat was off, David, I really appreciate your ability to clearly and patiently make me understand the process, possibilities, and probabilities to end this nightmare.
I received the OIC acceptance email from David, on May 23, 2013,
WOW, what a year!!!
Your fee has been reasonable and I would strongly recommend your services to anyone that I know with IRS challenges.
Thank you again…if there is any way I can help support your service, by writing a blog, review, advertisement, etc let me know. I have nothing but the highest respect for the job you all did. Continued success in providing a difficult service to all of us in need of your help!!
The tax professionals at Flat Fee Tax Relief provide valuable IRS tax debt help at a very affordable fee. Our teams are located in Clearwater, FL and San Diego, CA. Our tax professionals routinely have an IRS tax levy stopped and released in one day.
Stopping an Income Tax Levy and keeping your paycheck or Social Security is only the 1st step in receiving the tax relief that you need.
In the economic times that we are enduring, more and more people are finding it difficult to meet their daily expenses, never mind attempting to pay their back tax. More and more people have had to resort to dipping into their 401K Plans to meet their everyday expenses, thus creating a tax problem. The equity in your homes has evaporated.
THE OFFER IN COMPROMISE PROCESS
Not everyone is qualified & eligible to settle with the IRS through the Offer in Compromise program. But every day, more and more people are becoming eligible because of our economy.
One of three conditions must be met to qualify a taxpayer for an IRS Offer in Compromise / IRS Settlement:
1.Doubt as to Collectability – If you do not have the ability to pay your tax debt and are having a difficult time with ordinary expenses, this is where you are.
2. Doubt as to Liability – You most likely will not fall into this category.
3. Effective Tax Administration – If you have some equity in a home or other asset and you are elderly, on Social Security or Social Security Disability, you would be in this category if not Doubt as to Collectibility.
If you qualify for the Offer in Compromise program with the IRS, you can save thousands of dollars in taxes along with the penalties and interest. Taxpayers can have a negotiated settlement on all types of taxes, including most payroll taxes, penalties, and interest. It is the closest thing to amnesty that the federal government offers in connection with back tax debt.
During the Offer in Compromise negotiation:
The IRS will not execute an IRS Levy/ Tax Levy against the property or rights to property of a taxpayer who submits an Offer in Compromise (OIC).
The IRS will not collect the liability that is the subject of the Offer in Compromise during the period the Offer in Compromise is pending.
The IRS will not proceed with collections for 30 days immediately following the rejection of the IRS Offer in Compromise, and for any period when a timely filed appeal from the rejection is being considered by Appeals.
Once the IRS decides that your Offer in Compromise is processable and that the IRS settlement includes all the paperwork properly filled out, the IRS must stop a Tax Levy / IRS Levy / IRS Bank Levy actions under §6331.
Presently, the IRS is taking approximately 303 days to process an Offer in Compromise. This information is from our latest dialogue with the IRS. Your Tax Debt will essentially be “tied up” for approximately 1 year before a resolution is decided.
If you are not qualified and eligible for an Offer in Compromise, Flat Fee Tax Relief will let you know immediately during our consultation. There may be other avenues available to you to reduce your Tax debt which may include Penalty Abatement, amending your tax returns or filing all of your unfiled tax returns.
Flat Fee Tax Relief is flattered that we are often imitated and that our name is often used by our competitors on their Web sites and advertising. We appreciate that imitation is the sincerest form of flattery.
Flat Fee Tax Relief must be doing something right to have so many imitators.
Why Flat Fee Tax Relief? Because we deliver:
Lower fees and higher value for our clients
Personal service and attention you deserve
Integrity and credibility always
Satisfaction and results for our clients
Fixed with no hidden charges
Payable in monthly installments
Low initial payment to begin work
It is our duty and pleasure to provide you with clear, precise concise consultation. Our conversation will take approximately 20 to 30 minutes.
Call 1-866-747-7435 for details.
At the end our conversation you will be completely informed. You will be armed with all of your options and what your expectations should be.
The “stop the Tax Levy & petition an Offer in Compromise” Hot-line:
Flat Fee Tax Relief makes it difficult for our imitators to beat our pricing. No one can beat our quality, value & integrity. Give our team a call: 1 – 866 – 747 – 7435
The correct term for “Currently Uncollectible” is Currently not Collectable (IRS Hardship) is a method for delaying payment (possibly eliminating payment) of your IRS Tax Debt. The tax professionals at Flat Fee Tax Relief are led by an IRS Tax Attorney. Together, they will work to convince the IRS that you have no way of paying your IRS Tax debt at this time.
The tax professionals at Flat Fee Tax Relief provides valuable IRS tax debt help at a very affordable fee. Our teams are located in Clearwater, FL and San Diego, CA.
We, at Flat Fee Tax Relief, as the nationwide leader in stopping an IRS Levy / Tax Levy, usually hear from our clients when they have had a Tax Levy executed by the IRS.
Many of our clients are on Social Security or Social Security Disability (SSDI) and do not have the ability to survive an IRS Levy / Tax Levyand may very well be a candidate to be placed in a status of Currently Uncollectible (IRS Hardship) by the IRS. You do not have to be on Social Security or be on Social Security Disability (SSDI) to be designated as Currently Uncollectible.
The IRS has a complex method of calculating 3 items:
1. Gross Income
2. Allowable Expenses
When you put those 3 items together in the IRS formula, you come up with a taxpayers ability to pay their back tax. Of course, the human element is always a part of this equation. The IRS Revenue Officer handling the Currently Uncollectible petition and the Tax Advocate for the taxpayer play a big part in the decision.
Some of the Allowable Expenses considered for the Currently Uncollectible program are:
a. Food & Clothing
c. Car Payment
d. Car Allowance
c. Medical Expenses (Insurance, prescriptions, etc)
d. Child Support
e. Rent / Mortgage
There are limits on the amounts that the IRS will allow. An experienced Tax Professional will help in the negotiation with the IRS.
The IRS will consider you “currently not collectible” (IRS Hardship) and this status will usually be for a period of one year (twelve months) to 18 months. At the end of the Currently Uncollectible period, you, the taxpayer, will need to show the IRS that your economic situation has not changed. As long as you enjoy the status of Currently Uncollectible with the IRS, you will not be expected to pay any of the IRS tax debt. Your statutory period (IRS Statute of Limitations) does not freeze/stop. The Statute of Limitations continues to decrease as usual.
An important note to being placed in the Currently Uncollectible status by the IRS is this:
If the IRS admits that you cannot pay your back tax, doesn’t it make sense to follow up your Currently Uncollectible status with an Offer in Compromise petition and clean up your back tax once and for all? We believe that if you are Currently Uncollectible that you should continue and clean up your back debt altogether.
You should consult with a Tax Professional. If you would like to speak to us, the team at Flat Fee Tax Relief welcomes your call.
If an IRS Penalty Abatement request is worth making – AND AN IRS PENALTY ABATEMENT IS ALWAYS WORTH MAKING – an IRS Penalty Abatement is worth making correctly.
Are you eligible to reduce yours through a Penalty Abatement?
Contact Flat Fee Tax Service and find out if you have reasonable cause to eliminate your IRS penalties.
Your IRS Penalty Abatement Hotline: 1-866-747-7435
The penalties and interest that the IRS will add to your tax debt will be incredible. You can expect your tax debt to double in approximately 3 years.
Taxpayers and many tax representatives seem to think that sending a simple letter to the IRS requesting that the IRS Penalties and Interest be abated will suffice. The truth is that the IRS receives millions of these simple IRS Penalty and Interest relief request letters every year and the great majority will be summarily rejected.
The IRS receives so many sub-par requests for IRS Tax Relief, an Application / Petition that is done with thought and thoroughness stands out in a positive way.
The purpose of IRS Penalties is to punish you, the taxpayer, for failing to comply and to send a message to other taxpayers that compliance will be strictly enforced. If neither of these purposes is furthered by the imposition of an IRS tax penalty, the IRS should not assess it. Furthermore, for most types of IRS penalties, if the taxpayer has Reasonable Cause for his failure to comply, the IRS penalty should not be assessed.
The IRS lists numerous situations in which Penalties and Interest can be abated with “reasonable cause” based on your own unique situation.
Reasonable Cause – The IRS considers Reasonable Cause for Penalty Abatement to be:
Ignorance of the Law (you must demonstrate you made a reasonable effort to learn the law) Error or Mistake was Made, but you must still show due diligence, ordinary business care and prudence” had been exercised.
Forgetfulness, but you must still show “ordinary business care and prudence”. Serious Illness, Death, or Unavoidable Absence.
Unable to Obtain Records
Incorrect Advice from a competent tax professional
Incorrect Advice directly from the IRS, written or oral
Fire, Casualty, Natural Disaster, Other Disturbance
The Internal Revenue Manual goes on to say that ANY REASON will be accepted as Reasonable Cause if it can be shown that the taxpayer exercised ordinary business care and prudence and, despite that, was still not able to comply with their tax obligations.
An IRS Penalty Abatement Petition gives your Flat Fee Tax Service Attorneys the opportunity to plead your case to the IRS. Unlike most other claims for Tax Relief, a Penalty Abatement puts a very human face on your IRS case, which certainly can work for your best interest. Decisions are made by the IRS on an individual, case-by-case basis, which is very encouraging for you.
Have you had any of the below life experiences affect your life in an adverse manner?
Loss of Income?
Death in the Family?
Failed Business? Something happened to you.
In fact, IRS guidelines generously suggest that a Penalty Abatement should be “generally granted when the taxpayer exercises ordinary business care and prudence” in trying to pay their back taxes.
“Reasonable Cause” is a very subjective matter and the only way to definitively determine whether or not a failure to comply was willful or a result of extenuating circumstances is for the IRS to conduct a thorough investigation of all the facts and circumstances giving rise to the failure.
No matter how well you state your case, the IRS Appeals Officer assigned to your IRS Penalty Abatement request will have some hard questions for you. The IRS Revenue Officer probably will look at your history of paying your IRS tax. The IRS will ask, “Is this just another attempt to get out of paying?” That is a question that needs to be overcome.
If you submit a Penalty Abatement petition and it is denied, you cannot make a request on the same grounds again. This all the more reason to have an accomplished professional prepare your IRS Penalty Abatement.
In fact, IRS guidelines generously suggest that a Penalty Abatement should be “generally granted when the taxpayer exercises ordinary business care and prudence” in trying to pay their back taxes.
The following list is taken from the IRM or Internal Revenue Manual that gives the guidelines of what IRS agents are instructed to look at when considering penalty abatement:
What are the events that happened, when did it happen, and why did these events prevent you from complying with the tax law?
How were your other affairs handled during this time? Did you (or does it appear) single out the IRS not to be but paid other creditors? What steps were taken to try and mitigate your circumstances? Ordinary business care and prudence are closely looked at here.
Is there a direct “timeline” correlation between what happened and the taxes being file late or not paid?
Is there a history of filing and or paying late? The IRS is going to look at your history; repeat offenders, have a tougher job convincing the IRS that this was not intentional.
Were the circumstances “beyond the control of the taxpayer” truly unavoidable, and could not be anticipated? If so, this generally establishes reasonable cause.
Documentation will be the bulwark of your case. Provide as much proof of what you are arguing as possible. The more evidence you produce the better the chances for relief.
Typically, a petition is a formally structured letter with an introduction, the request for penalty relief under which relief program(s).
This would be followed by a Statement of the facts surrounding the case demonstrating the “reasonable cause” and ” ordinary business care” and as much documentation of the facts that you can muster.
Finally, any legal or code related facts that would bolster your claim. Remember this is not a court case so there are no precedents. Your expectations of success will be directly related to the experience of the tax professional who has prepared and shepherds your Penalty Abatement. That is the reason why Flat Fee Tax Service believes in this statement:
“If an IRS Penalty Abatement request is worth making – AND A PENALTY ABATEMENT IS ALWAYS WORTH MAKING – a Penalty Abatement is worth making correctly”.