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Tax Relief - Tax Forgiveness - IRS Garnishments Released

The IRS will send you a series of notices. These notices are generated in a particular order by their computer system. This system is called the Automated Computer System. Look on an IRS notice and see if the have the initials "ACS". You should read the notices. 

Once, the IRS sends out a "Notice of Intent to Levy", you are vulnerable to IRS seizure. Our Team can protect you from IRS enforcement while we put the wheels in motion to settle your IRS debt.

Getting Back to the IRS’s Good Graces

The IRS recently announced an expansion to their Fresh Start Initiative to help taxpayers who owe tax debt. The IRS is taking steps to offer a new tax relief program to those who are making installment agreements more widely available to more Americans.

Set up a payment plan: You might be able to take advantage of an installment plan if the IRS allows it. Getting into an IRS payment plan is complicated. The IRS has many "rules" regarding installment agreements. Factors such as the amount owed as well as the statute of limitations will factor in. We recommend that you consult with a Tax Lawyer before saying yes to the IRS.

Tax Debt Settlement: The IRS has only one program that actually settles your tax debt. IRS tax forgiveness is called an Offer in Compromise. This means that you make a one time payment (its can be paid in monthly installments) to the IRS for a portion of the taxes that are outstanding. The IRS allows this because it gives them a chance to completely halt collections actions and close it's case against you. It’s a win-win situation: they get their money, and you save money by not having to pay the total tax debt.

Consider an Offer in Compromise: If you do not have the ability to pay your tax debt and find yourself continually defaulting on your payment plans with the IRS, then you need to do an Offer in Compromise.

Consider a Penalty  Abatement: If your tax problem has not been habitual and you had a good reason for your tax debt, the IRS can waive the penalties that have been added to your tax debt.
You only get one chance to state your case for a penalty abatement so you better do it right the first time. We recommend that you have a Tax Lawyer handle your penalty abatement.

IRS Tax Relief Options

The Tax Lawyers at Flat Fee Tax Service, Inc. usually have IRS garnishments stopped and released in one day. Give our team a call and find out the different IRS tax relief options available to you. 




7 Ways to Get an IRS Settlement

1. IRS Installment Agreement:

An IRS Installment Agreement is a negotiated monthly payment plan. Anyone can agree to an IRS Installment Agreement payment plan dictated by the IRS. There are many rules and regulations regarding IRS payment plans. Consult with an experienced IRS Tax Attorney before contemplating an IRS Installment Agreement.

2. Partial Payment IRS Installment Agreement:

A fairly new debt management program is a Partial Payment IRS Installment Agreement where you have a long term payment plan to pay off the tax debt at a reduced dollar amount. Much like a monthly credit card payment, IRS payment plans allow you to pay off your unpaid back income taxes in installments instead of all at once. An experienced IRS Tax Lawyer will negotiate the lowest possible monthly payment for your needs.

3. IRS Settlements through the Offer in Compromise Program:

The Offer in Compromise is a tax forgiveness program where you can get an IRS settlement for less than what you owe. The Offer in Compromise requires making a lump sum or short term payment plan to pay off the IRS at a reduced dollar amount. If you owe the IRS more than you can afford to pay, this is the plan for you. Essentially, an Offer in Compromise gives you the opportunity for a Fresh Start and to pay a small amount as a full and final payment. If you qualify and are eligible for the Offer in Compromise program, you can save thousands and thousands of dollars in taxes, penalties and interest.

4. Currently not Collectible:

A program where the IRS voluntarily agrees not to collect on the tax debt for a year or so. Currently Not Collectible means that a taxpayer has no ability to pay his or her tax debts. The IRS can declare a taxpayer “currently not collectible,” after the IRS receives evidence that a taxpayer has no ability to pay. This is a useful tool because you can file for a collection appeal to stop an IRS levy, lien, seizure or the denial or termination of an installment agreement. The collection appeal gives you the opportunity to explain how you think the situation could be solved without the IRS levy or seizure.

Important Note: If you owe $10,000 or more and are Currently not Collectible, you should look at filing for an Offer in Compromise.

5. Release IRS Garnishment. Stop an IRS Wage Levy Today.

When you owe Uncle Sam money, the IRS can levy your wages, salary, or federal payments (Veteran's pension, Social Security, Social Security Disability / SSDI) until the levy is released, your tax debt has been fully paid off, or the time expires for legally collecting the tax (Statute of Limitations). Our Emergency IRS Garnishment Release Team at Flat Fee Tax Service, Inc. can have your IRS wage garnishment stopped, removed, lifted and released in one (1) day.

6. Stop the IRS from Levying and Seizing Your Bank Account.

The IRS can issue a bank levy to take your cash in savings and checking accounts to collect back taxes. During an IRS tax levy the IRS seizes a bank account. The bank is required to remove whatever amount is available in your account that day (up to the amount of the IRS levy ) and send it to the IRS in 21 days (includes Saturday, Sundays and holidays) unless notified otherwise by the IRS. Part of the process of resolving your IRS debt is obtain a release of the levy from the IRS. Have the IRS bank levy seizure stopped by our Emergency IRS Levy Release Team. You don't have any time to lose.

7. Pay Attention to the Expiration of the Statue of Limitations.

The IRS has 10 years from the date of assessment (usually close to the filing date) to collect all taxes, penalties and interest from you. Each year that you owe the IRS for income tax debt has it's own date of expiration. An expert IRS tax attorney can help resolve your back income taxes and IRS problems by just by advising and planning with you to wait out the 10 year expiration date. It is possible to play a "cat and mouse" game and eliminate your income tax debt.

DO NOT TRY TO SETTLE WITH THE IRS ON YOUR OWN

This is a useful tool for an experienced IRS Tax Attorney because they can file for a collection appeal to stop an IRS levy, lien, seizure or the denial or termination of an installment agreement. The collection appeal gives you, the financially struggling taxpayer, the opportunity to explain how you think the situation could be solved without the IRS levy or seizure.

Contact Flat Fee Tax Service for Help Now

You won’t know what you qualify for until you speak with with our team. There may be many factors at play that can help reduce your tax debt and protect you from IRS enforcement.

Contact Flat Fee Tax Service for IRS tax relief service that is affordable.

Get IRS Tax Relief Today (800) 589-3078

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Flat Fee Tax Service

3200 4th Ave., Suite 208,

San Diego, CA 92103

Phone. 800-589-3078

Email. info@flatfeetaxservice.us