IRS Installment Agreement – IRS Payment Plan Revoked – Flat Fee Income Tax Relief Help

The IRS will allow a taxpayer to pay off an income tax debt through an installment agreement. Because interest and penalties will apply. The IRS encourages taxpayers to pay taxes immediately because the IRS is a collection agency. To “encourage” a taxpayer to pay off their past due to income tax debt, interest and penalties will be added and can equal 8% to 25% per year. If you do nothing, your overdue income tax debt could double in 4 years.

For most financially struggling taxpayers the thought of paying the entire income tax debt all at once is not possible. An installment agreement is an alternative allowed by the IRS. The IRS has four different types of installment agreements: guaranteed, streamlined, partial payment, and non-streamlined.

BEFORE YOU AGREE TO AN IRS PAYMENT CONSULT WITH AN EXPERIENCED IRS TAX RELIEF EXPERT

CALL: 1-800-589-3078

FLAT FEE TAX SERVICE, INC.

http://www.flatfeetaxservice.us

Guaranteed IRS Installment Agreement

To qualify for a guaranteed installment agreement with the IRS, the taxpayer must meet the following conditions:

  • Owe less than $10,000, (not including interest and penalties);
  • In the previous five years, the taxpayer has filed tax returns, paid taxes owed, and has not entered into an installment agreement;
  • The taxpayer is unable to pay the tax liability when due;
  • The tax liability will be paid off within three years; and
  • The taxpayer must pay at least the minimum monthly payment (tax liability, interest, and penalties divided by 30)

Under this payment plan, the IRS will not file a federal tax lien against the taxpayer.

The IRS Streamlined Installment Agreement

In most cases, a taxpayer that qualifies for a guaranteed agreement will also qualify for the streamlined installment agreement. A streamlined installment agreement has the following requirements:

  • The tax liability, interest, and penalties do not exceed $25,000;
  • The balance can be paid off within 60 months; and
  • The proposed payment is equal to or greater than the “minimum acceptable payment” (the minimum acceptable payment is the greater of $25 or the minimum payment amount reached by dividing the tax liability, interest, and penalties by 50)

The taxpayer must pay a fee of $105 to set up the installment agreement or $52 for a direct debit installment agreement. To restructure or reinstate a previous installment agreement, the IRS charges a $45 fee. Like a guaranteed installment agreement, the IRS does not file a federal tax lien.

IRS Partial Payment Installment Agreement

A partial payment agreement allows the IRS to enter into agreements with taxpayers for the partial payment of a tax liability. To qualify for this arrangement, the taxpayer must complete a financial statement using Form 433-F to report income and living expenses. The IRS will review and verify the information. If the taxpayer has assets that can be sold to pay some of the tax debt, the IRS will require the taxpayer to provide additional information.

If approved, the taxpayer will be required to participate in a financial review every two years. This review may result in the increase in installment payments or the termination of the agreement.

IRS Non-Streamlined Installment Agreement

If a financially struggling taxpayer owes $25,000 or more and can make monthly payments to the IRS, a non-streamlined agreement can be an option. The IRS will not automatically approve this agreement; instead, the taxpayer must negotiate with the IRS by providing detailed financials. The taxpayer must file Form 433-F, Collection Information Statement. This form collects information about income, debts, living expenses, assets, accounts, and allows the taxpayer to propose an installment payment amount.

It will usually take a few months for the IRS to review a proposed payment plan. The IRS may refuse a proposed agreement if it considers some of the taxpayer’s living expenses unnecessary, if the untruthful information was provided, or if the taxpayer failed to complete a prior installment arrangement.

If a taxpayer is unable to pay a tax liability through a non-streamlined agreement, consider filing an Offer in Compromise.

BEFORE YOU COMPLETE A FINANCIAL FOR THE IRS

CONSULT WITH AN EXPERT IRS TAX PROFESSIONAL

Ways the IRS Will Accept Payments

Taxpayers can make installment payments in the following ways:

  • Payroll Deduction
  • Direct debit
  • Check or money order
  • Electronic Federal Tax Payment System (EFTPS)
  • Credit card
  • Online Payment Agreement (OPA)

When Will the IRS Revoke an Installment Agreement

The IRS can revoke an installment arrangement under the following circumstances:

  • The financially struggling taxpayer misses a payment;
  • The financially struggling taxpayer does not file a tax return or pay taxes after the agreement is entered into ;
  • The financially struggling taxpayer provided inaccurate information on Form 433-F; or
  • The financially distressed taxpayer is paying under a partial payment installment agreement and a review indicates a change in their financial position.

BEFORE YOU AGREE TO AN IRS INSTALLMENT PAYMENT PLAN

FIND OUT IF YOUR CURRENTLY NOT COLLECTIBLE

FIND OUT IF YOU ARE QUALIFIED FOR AN IRS SETTLEMENT

DO NOT AGREE TO PAY THE IRS MORE THAN YOU NEED TO PAY

CONTACT FLAT FEE TAX SERVICE, INC.

“America’s Best & Most Affordable IRS Income Tax Relief Team”

1-800-589-3078

http://www.flatfeetaxservice.us

https://www.thebestirshelp.com

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Stop IRS Wage Garnishment – Flat Fee Tax Service Inc. – Same Day IRS Help

At Flat Fee Tax Service, Inc., our IRS wage garnishment customers have had their IRS wage stopped, released and removed in one (1) business day. Our team of IRS income tax relief experts doesn’t send mail to resolve your problem. Our IRS Tax Attorneys pick up the phone and handle your IRS wage levy problem immediately.

Flat Fee Tax Service, Inc. can do this because our company of motivated professionals specializes in understanding exactly how the IRS works and what vital documentation is needed.

IRS wage garnishments and IRS Levies will be stopped, released and removed in one business day if done properly. One has to realize that the last resort the IRS utilizes is a wage garnishment or levy. This is one of the most lethal weapons available to the IRS. There are several ways to have the levy or garnishment released.

The first thing that has to be done is to verify that the taxpayer is in compliance with the IRS. Being in compliance means that all outstanding and missing tax returns for every year have been filed with the IRS. Those tax returns include 1040’s, 1099’s, quarterly estimated tax payments, 940/941’s depending on the particular situation of the taxpayer.

The first thing to do in order to determine if you are in compliance with IRS regulations is to immediately contact the IRS upon receipt notice of an IRS garnishment or levy. Be advised that you need to be extremely cautious (the IRS is not your “buddy”) when contacting the IRS in regards your IRS income tax problem. Before the IRS will give you any information on your compliance, they will immediately interrogate you, trying to find out what bank accounts you have, what other incomes you have and the assets you own. This is all in an effort to begin to levy, garnish or seize any assets the taxpayer may have. This is one of the main reasons why an IRS tax professional should contact the IRS on behalf of the financially struggling taxpayer. An IRS Tax Attorney does not have to release that personal information to the IRS. Your representative’s goal at this point is to determine if the taxpayer is in compliance with the IRS.

Everything is determined by the IRS computers and the automated collections system (ACS). The only way to be brought into compliance is by filing all years that were not filed. Depending on what the computer states, you may have to file 6 year’s worth of IRS tax returns or they may even go back to 15 year’s worth of taxes. This is why the IRS must be contacted immediately to figure out what needs to be done to bring the taxpayer back into compliance.

If there are compliance issues, the IRS will inform the tax professional or the taxpayer what taxes must be filed. It is important to prepare these taxes, but not to mail them in. They need to be faxed to the IRS so they are acknowledged in the IRS computers immediately and the processing of these returns can start within hours, not weeks or months. Normally, the IRS will not release the wage garnishment until the tax returns are at least submitted for processing to the IRS.

Our IRS Tax Attorneys Have Had Great Success in Stopping an IRS Levy Prior to Filing Missing Tax Returns

If necessary, the tax return department at Flat Fee Tax Service, Inc. can expedite the preparation of your tax returns. Once it is determined that a taxpayer is in compliance, the next thing the IRS is looking for is a resolution to the outstanding income taxes owed to the IRS. A taxpayer will either need to enter into an Installment Agreement, be declared to be Currently not Collectible (CNC) or file an Offer in Compromise settlement (OIC).

Should the financially struggling taxpayer owe more than $25,000, the IRS will request your financial information through certain IRS Forms in order to determine how much, if anything, the taxpayer can afford to pay towards the entire income tax liability. If your file is being handled in the automated collections division, an IRS 433F form (a simplified Collection Information Statement) has to be prepared and submitted along with supporting documentation. If the file is with an IRS Revenue Officer, an IRS 433A form (a detailed Collection Information Statement) has to be prepared and filed with the Revenue Officer, also along with the supporting documentation. The IRS has many years of experience in squeezing uninformed taxpayers and the IRS knows that in 90% of the cases, the wage garnishment or IRS levy is a hardship on the taxpayer, and the proper procedure is that after submitting these financials, the IRS should release the wage garnishment within hours. Unfortunately, some taxpayers try to perform this procedure by themselves. Without an experienced tax professional involved, the IRS will simply drag their feet and prolongs the taxpayer’s agony because it is the IRS’s position to take this drastic action due to the fact that the taxpayer did not comply with any of their prior requests. The IRS tax professional you chose to represent you should force the IRS to comply with the rules and regulations to have these matters expedited within hours and not weeks or months.

WHEN YOU NEED THE BEST IRS INCOME TAX REPRESENTATION

GET THE BEST

FLAT FEE TAX SERVICE, INC.

1-800-589-3078

http://www.flatfeetaxservice.us

https://www.thebestirshelp.com

VERY, VERY IMPORTANT: There is a second method of having an IRS wage garnishment or IRS levy stopped, removed and released. Our IRS Tax Attorneys will initiate procedures to prove to the IRS that this IRS wage garnishment is a true and immediate hardship to the taxpayer. A hardship to the taxpayer is that housing, transportation or food expenses are at an immediate risk; i.e. if your electricity is about to be disconnected, and you can provide a statement from your service provider showing that your electricity is being shut off due to non-payment or if you are able to provide an eviction notice or foreclosure notice due to non-payment the same method applies. Asking the IRS to release the wage garnishment based on these facts is a very difficult task because the IRS is receiving nothing in return providing a solution to the outstanding taxes. This is an uphill fight with the IRS but the IRS is supposed to follow procedures and in most situations, the taxpayer is unable to resolve this issue without a tax professional.

FLAT FEE TAX SERVICE, INC.:

  1. Our Christian Values is why we do not have Client Complaints.
  2. Accredited by the Better Business Bureau. A Plus Rating. Check out our BBB testimonials.
  3. Our IRS Tax Attorneys work directly with you throughout your IRS resolution.
  4. Low, Affordable Fees.
  5. Stop, Remove, Release IRS Garnishment in One Day.
  6. 90% of our Client who has submitted an IRS Settlement have received a successful Offer in Compromise.
  7. Get the Fresh Start That You Need and Deserve.

FLAT FEE TAX SERVICE, INC.

1-800-589-3078

http://www.flatfeetaxservice.us

https://www.thebestirshlp.com

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Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Wage Levy Secrets – Painless IRS Garnishment Release – Flat Fee Tax Service

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Wage Levy Secrets – Painless IRS Garnishment Release – Flat Fee Tax Service.

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Tax Debt Relief – North Carolina – Flat Fee Tax Service – IRS Payment Plans, IRS Settlements, File Back Tax Returns, Stop IRS Levy

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Tax Debt Relief – North Carolina – Flat Fee Tax Service – IRS Payment Plans, IRS Settlements, File Back Tax Returns, Stop IRS Levy.

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Offer in Compromise – You Can Get A Fresh Start – Are You Eligible – Flat Fee Tax Service

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Offer in Compromise – You Can Get A Fresh Start – Are You Eligible – Flat Fee Tax Service.

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Tax Debt Relief – How to Settle with the IRS – Flat Fee Tax Service the Affordable Tax Relief Team

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: IRS Tax Debt Relief – How to Settle with the IRS – Flat Fee Tax Service the Affordable Tax Relief Team.

IRS Offer in Compromise Settlements – Nationwide – Affordable – Flat Fee Tax Service

Flat Fee Tax Service, Inc. is your nationwide IRS Offer in Compromise tax relief team.

90% of the Offers in Compromise prepared by the IRS tax relief team at Flat Fee Tax Service, Inc. has been successful.

What is an IRS Offer in Compromise?

By filing an Offer in Compromise, you are offering to settle your tax debt and pay the IRS less than the full amount you owe. The IRS may accept your offer and allow you to pay less than your original debt, especially if there is doubt as to whether they could ever collect the full amount from you or if there is a doubt that you are actually liable for that debt.

An offer in compromise settlement is a great way to receive a fresh start and can help you save thousands of dollars off of your back tax liability.

An Offer in Compromise works in the following way:

It allows you, the financially struggling taxpayer, to make the IRS a settlement offer and then pay that amount after they have accepted your offer. In return for accepting your settlement offer, you agree to file your tax returns on time and pay any amounts due on these returns for the next 5 years. You will be on “Income Tax Probation.”

You will agree to allow the IRS to keep any refunds and credits due to you during the calendar year that your Offer in Compromise is approved.

If you do not adhere and fulfill the terms of the acceptance contract, the IRS can (and will) revoke the contract and reinstate the entire tax liability you originally owed, reinstate past penalties and tack on penalties and interest and pursue aggressive collection tactics.

GREAT NEWS

The length of time to complete the Offer in Compromise process will take approximately 10 to 12 months. The preparation and providing backup documents will take approximately 1-4 months.

Your settled Offer in Compromise can be paid in monthly installments. The shorter the payment plan, the better the settlement will be.

Our knowledgeable and thorough IRS tax relief team will negotiate an Offer in Compromise for you, prepare and file the necessary paperwork, and walk you through the entire process step-by-step.

What if I Don’t Qualify for an Offer in Compromise?

We can determine, during our consultation, if you are qualified and eligible to receive a fresh start through the Offer in Compromise program. Of course, you need to be honest with us and forthcoming. We are non-judgmental and quite frankly, have heard just about every IRS problem possible.

Obviously, submitting an Offer in Compromise to the IRS is an extremely complicated process. There is a great amount of paperwork, a lot of digging for financial information, and knowledge and experience in dealing with IRS procedures.

Our IRS tax relief team will properly negotiate and prepare your Offer in Compromise and will help you drastically reduce your tax debt liability. Our consultations are always FREE and CONFIDENTIAL and we will work with you on your individual circumstances.

CALL TODAY AND START THE PROCESS: 1-800-589-3078

Visit Our Websites For Fee Information:

http://www.flatfeetaxservice.us

https://www.thebestirshelp.com

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FLAT FEE TAX SERVICE, INC.:

1. Worldwide Service. It Does Not Matter Where You Are Located.
2. Accredited by the Better Business Bureau.
3. A-Rating with the Better Business Bureau.
4. No Client Complaints.
5. Experienced IRS Tax Attorneys.
6. IRS Wage Levies stopped in 1 Day.
7. 90% of our Clients Have Had Successful Offers in Compromise.
8. We Are: Dependable, Moral, Ethical and Thorough.

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: Why Flat Fee Tax Service Is the Best Tax Resolution Company – – Affordable IRS Relief

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: Why Flat Fee Tax Service Is the Best Tax Resolution Company – – Affordable IRS Relief.

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: Levy Taxes — Get Your IRS Levy Released Now Today — Bank and Wage Levy Releases

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: Levy Taxes — Get Your IRS Levy Released Now Today — Bank and Wage Levy Releases.

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: Why You Should Hire an IRS Tax Specialist for your IRS Tax Debt Relief

Flat Fee IRS Tax Relief – Affordable IRS Levy Help: Why You Should Hire an IRS Tax Specialist for your IRS Tax Debt Relief.