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FAX | Telephone | e-Mail (pdf) | Secure | PayPal Verified
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How We Stop an IRS Tax Levy, Due to Unfiled Taxes - Use the
Online Tax
Service Above
If the IRS has send you an Intent to Levy Notice, you
usually will have 30 days to stop an IRS Wage Garnishment. Even if the IRS has filed a "Substitute Return" for you,
you can file your own tax return(s) and usually lower the amount of
taxes owed, considerably. (IRS does not include your legal
deductions on a Substitute Return - However a Substitute Return is a
legal document and can be used to levy your assets and garnish your
wages. If you have lost your W2 or 1099-MISC, no problem.
We contract the IRS on your behalf, and provide a "promise to file"
date. The IRS will determine if they will delay the collection
process.
We then obtain the necessary and correct information to file a
correct return, with less chances of an audit.
We send this information to you via pdf format or using the US Postal
Service. You are encouraged to hand deliver the return to the
nearest IRS office, or immediately mail the return before the "promised
date"
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The IRS understands that times are hard for many people. And they have
release a list of tips on what to do if you can't pay all of your taxes
on time. The most important suggestion is to still file your tax return
on time. If you don't file on time, regardless if you have the money or
not, you will receive a penalty for late filing. This is penalty you
don't have to incur. File on time, there is help, if you can't pay on
time
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Attention Expats: If you live and work offshore, the
Foreign Income Exclusion is up to $92,900
Getting foreign income excluded OFF your
income, can be done, however, you have to pass through the procedure and
get the IRS to ok, the deal. However the exclusion enables you to
exclude up to $92,900 of wages and other foreign earned income from U.S.
tax. If you play your cards right, you can earn up to $92,900 a year
(and more next year) without paying taxes, when you meet certain
requirement read more about qualifying for
Foreign Income Exclusion
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IRS Has New Rules for It's
Installment Agreement & Collection Process - IRS Payment Plan
New IRS Fresh Start Initiative Helps Taxpayers
Who Owe Taxes - The Internal Revenue Service has expanded its "Fresh
Start" initiative to help struggling taxpayers who owe taxes. The
following four tips explain the
expanded relief for taxpayers. Installment agreements new
threshold has been raised from $25,000 to $50,000 and requires limited
financial information. Also included is information on penalty
relief and the Offer in Compromise (OIC)
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Eleven Things That Can Cause an IRS Audit
Keywords: National Averages, always a good idea to stay inside of
the National Averages. In addition this article may help you clean
up your tax return and avoid a potential audit. Sometimes a tax
preparer can be the reason for an audit. A tax payer is 100%
responsible for what is on a tax return. Even when a tax preparer
has signed the return, the taxpayer is still responsible for the
information.
read more
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Where Is My Refund?
The
IRS.gov web site will provide you with an easy way to locate your
refund. If you e-file, you can generally expect your refund
within 10 - 21 days. The projected refund date
"Where's My Refund?" provides may change as your tax return moves
through processing. Keep in mind that IRS telephone assistors will not
be able to provide additional information
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The words "Tax Credit"
means that there is a dollar for dollar situation that you should know
about, because it may mean a check from the IRS, even if you did not
have to file a tax return. Some of these tax credits can generate a
refund around or above $3,000 and are very much worth the time and
effort you put into filing the return.
read more.
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The Bahamas is
considered a real tax haven because they have NO income taxes. For
individuals who continue to earn a study annual income each year, this
can be a gift in disguise. And, the Bahamas has been known to
provide citizenship when individuals purchase property in the Bahamas.
The Bahamas tourism industry is what supports the country, therefore the
country keeps crime low in order to attract tourist. More than half of
the countries workforce works in tourism.
The second largest industry in the Bahamas is financial services which
accounts for about 15% of the economy. Remember, offshore accounts
are not illegal, however, forgetting to report the account to the IRS is
considered illegal.
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to Neutralize the
IRS's Substitute Return
Neutralizing the IRS's Substitute Return.
Loss W2 or 1099? - No Problem
Ahe "substitute return" is a legal
document, it can be used to garnish your wages and or to levy your bank
account
The
only way a taxpayer can get the tax liability changed on a substitute
return, is to file his/her 'own' tax return. In most cases the tax
liability is lowered substantially, once the taxpayer files his
own return. Neutralizing an IRS Substitute Tax Return is what
we do. We contact the IRS on your behalf and obtain all the information
necessary to file a return. If a taxpayer has lost his/her W2 or 1099s,
we can obtain the information from the IRS.
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Heads up for Small Business Employers, Big
Credits Available to You, but you need to know the rules. Click on the
heading for an informative Video about claiming the Small Business
Health Care Tax Credit. One important key to the tax credit, is two
part-time employees can serve as one employee for the tax credit. Learn
the particulars in order to
maximize your tax credit
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Rent To Own Properties
Review
rent to own homes -
videos properties in different cities. Learn more about the
legal way to lease with option to purchase, attorney, real estate
brokers and more. Taxpayers who have had credit problems in
the pass may find the
lease with option
to purchase programs helpful.
---------------------------
Tax
Information for Members of the U.S. Armed Forces
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The statute of limitations on the collection of a tax liability is 10
years. (Internal Revenue Code 6502.) After ten years the debt is wiped
out. (continue to read for provisional conditions) There are a
number of ways the ten-year period can be extended.
This article will help explain why "you"
might not want to call the IRS directly, if you have received "certified
mail" with a 30 day notice of Intent to Levy. Of course we
encourage taxpayers to respond to correspondence they receive from the
IRS, however, some times, it is better if you allow a tax professional
to respond for you. There are certain questions which the IRS will
ask you, and it is a Federal offense to lie to an Federal Agent!
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It is no secret that the IRS uses celebrites
to send strong messages to the rest of us about paying taxes. For
decades we have seen celebrites like with tax problems.
And we have seen the IRS send a few of these celebrites to prision.
Click here to learn more about
tax mistakes certain celebrites have made and how you can avoid
these same mistakes.
-----------------------------
OIC - File Your Own
Offer in Compromise
and Save Over $2500
An offer in Compromise is a tax settlement with the
IRS and consist of a taxpayer making an offer to pay pennies on the
dollar - rather then the entire amount owed to the IRS. Taxpayers
who do NOT have assets or the possibility of earning the amount owed in
the future are often great canidates for the OIC Agreement.
Taxpayers who take the time to read the information
provided by the IRS and follow the Instructions, often times can save
themselves anywhere from $2500 to $5000 - the cost which Tax Attornies
and Enrolled Agents usually charge to complete the necesssary paperwork.
Learn more about how to
file your own Offer in Compromise.
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Invoice Line of Credit?
No credit check. No contracts.
Government contracts ok. Commercial Construction Contracts OK.
Complete short secure online six question application - we will contact
a possible Lender and get back to you with 24 hours. Invoice Lines of Credit &
Accounts
Receivable Financing.

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