#IRSProblems

[saicpaservices]

Explore the World of Accounting and Financial Services with SAI CPA Services

Welcome to Day 1 of our daily journey into the realm of accounting and financial services with SAI CPA Services! Today, let's take a closer look at the array of services offered by one of the top CPA firms in Middlesex County, New Jersey.

SAI CPA Services is dedicated to providing individuals and businesses with a comprehensive range of financial solutions tailored to meet their unique needs. From accounting and bookkeeping to tax services, payroll management, business start-up assistance, and more, SAI CPA Services is your go-to partner for all things finance-related.

With a reputation built on excellence and over 25 years of experience, SAI CPA Services has become a trusted name in the industry. Clients rely on their expertise for precise accounting, strategic tax planning, and expert financial management that ensures their financial affairs are handled with ease and accuracy.

Stay tuned for more insights, tips, and updates on accounting, tax planning, and financial management as we continue our daily journey with SAI CPA Services. Join us tomorrow for Day 2 as we delve deeper into the world of accounting excellence!

Connect Us:  https://www.saicpaservices.com/contact-us/ https://www.facebook.com/AjayKCPA https://www.instagram.com/sai_cpa_services/

908-380-6876

1 Auer Ct, 2nd Floor

East Brunswick, NJ 08816

[expresstaxrescueblogs]

How the IRS Operates and How Tax Relief Can Help

Tired of feeling overwhelmed by IRS issues? My latest article sheds light on how tax relief professionals can help. Learn about: • Situations where specialized tax help is crucial. • How experts navigate the IRS system for your benefit. • Your rights as a taxpayer facing IRS problems.

[bluespringsincometaxpreparation]

What the IRS Never Told You

Learn how to end your IRS Problems. Many taxpayers are at the end of their rope with no place to turn for solutions to ALL types of IRS Problems. You and your family can put these IRS Problems behind you, often for just a few bucks. So Don't Delay! Read This Special Report Today!

What Your Accountant & The IRS Never Told You!

Millions of U.S. citizens find themselves at odds with the IRS. In fact over $100,000,000,000 (that's 100 Billion Dollars) is owed to the IRS in taxes, penalties and interest.

Do they really think they're going to collect this money? Personally I don't think so! They know that many people simply don't have the money to pay these old tax liabilities.

But have they given up trying? Of course not!

Will the IRS just roll over and play dead on these old tax liabilities? Never ... because it would ruin their reputation.

They would lose all credibility to collect current taxes. It could cause the entire tax system to break down. It might even cause the U.S. Government to cease to exist.

So its fair to say," the IRS will not stop trying to harass taxpayers who owe old taxes!"

But how are they going to collect old taxes from the taxpayers that just can't pay? We know they won't declare amnesty, so they'll have to do something else.

Well, quietly the IRS has been trying to solve this problem of collecting old taxes from taxpayers that simply don't have what they owe ... and what they have been doing may surprise you! In fact, it shocks most taxpayers.

The IRS Has Been Making Deals!

Deals so good you may not even believe the amounts.

What would you say if I told you that the IRS has been accepting on average 13.5 Cents on the Dollar as Complete Settlement...

I mean complete! They are making deals where the total of your Taxes, Penalties and Interest owed to the IRS are completely wiped out.

So what about you? How come you haven't been told about these deals? I'm not sure why your accountant hasn't told you, other than maybe they don't know about these IRS deals themselves. Most IRS employees won't tell you because they look at this program as a give away deal and they personally don't support it.

So it's up to you to look out for yourself and see what's available.

These deals with the IRS are not for everyone. But if you qualify they are truly a once in a lifetime opportunity to get you back on your feet financially.

Let's talk about this IRS deal program and what it's called. The IRS program is called OFFER IN COMPROMISE. During the last 12 months, over 27,000 of these deals (OFFERS) were accepted by the IRS.

These deals with the IRS can take quite a while to negotiate as it not uncommon for them to take 6-9 months. But when you consider how long it took you to get into trouble with the IRS and how long it will take you to get out, 6-9 months is not a very long time.

The IRS has stringent rules for potential taxpayers wishing to present a deal to them. The most important one is that any taxpayer wishing to request a deal must have filed all of their tax returns.

Now, I know that some of you may not have filed all your tax returns, but we can help you overcome this important rule. Some taxpayers can't find all their records to file old tax returns. Don't worry we even have ways to help you.

The bottom line is that having old tax returns filed is the easy part!

Taxpayers that are in compliance with all the IRS filing rules then have to look at their financial situation to see if they are within the IRS standards for having a deal accepted.

Our firm can quickly review your financial situation and explain the IRS guidelines for having a deal accepted.

This could be a huge turning point in your life if you qualify. Can you imagine how good it would feel to have the burden of the IRS off your back. Please call me at 816-220-2001 or online to schedule an appointment. 

[patriottaxprofessionals]

Patriot Tax Professionals

Never speak to a guy that sits in a cube and reads from a script.  Speak to a licensed professional that can give you personal attention help you resolve your problems.  www.patriottaxpros.com

[patriottaxpros-blog]

Tax Services Las Vegas

Patriot Tax Professionals provides honest, ethical tax services to individuals and small businesses in the Las Vegas, NV metropolitan area.  You will find comfort and assurance that your tax needs are handled accurately and completed on time.  Every member of our team is fully licensed and admitted to practice before the IRS.  In addition to completing all required education and testing, the employees at Patriot Tax Professionals continually received updated training through continuing education.  You will never speak to a salesperson that has no formal training in taxation or will tell you anything just to make a commission.  What other full service tax firm can tell you this?

Our firm specializes in tax debt resolution and we only take cases we believe we can win.  We have a success rate of over 90% with IRS Offer In Compromises.  This is because we fully vet our clients and do a complete investigation before we ever ask our clients to pay the required fees.

Not all clients will qualify for an Offer In Compromise.  in that instance we will look into having penalties abated so that you can get your tax liability reduced and you can get the IRS off your back with a simple installment agreement.  Once again, we will always complete an investigation or liability and full financial analysis or your situation before you are asked to pay for any tax resolution fees.  

In addition to our success with Offer In Compromises, we excel at wage garnishment releases and bank levy releases.  In many circumstances we are able to get the garnishment or levy release within 24 hours of first contact.  If you are facing a wage garnishment or bank levy, call us for immediate assistance.

For our clients that need to file missing tax returns for prior tax years, we can help!  We have the ability to obtain you income records from the IRS so that you report the correct amount of income without drawing attention to yourself by way of an under-reporting audit.  Our tax software will always ensure that your returns are filed accurately.  In most instances, the IRS only requires the previous 6 years to be filed to maintain filing compliance.  In rare circumstances, we can prepare returns that are even older.  

Many of our clients are small business owners looking for strategies to reduce overall tax liabilities to the IRS.  Often, we will work with them to create business entities, such as S-Corporation or LLCs.  This may reduce overall tax liability to the IRS.  Payroll taxes are often the business owners largest debt.  Speak with one of our licensed tax professionals about strategies to reduce payroll tax and protect your assets at the same time.

Our firm does not bill by the hour so you will never receive an outrageous bill for more money that you originally were quoted.  All work completed here at Patriot Tax Professionals is billed on a flat-fee basis. This means you will always be charged exactly what you were quoted for the work.

Once you retain our company for any type of work, you will work directly with our licensed tax professional throughout the entire process from start to finish.  Although your licensed tax representative will handle just about all interaction with the IRS, you help will be needed.  We will work with you hand in hand to get all necessary documentation needed to complete your tax work.  We are always transparent and frequently update our client at every step.  

We understand that our clients are the lifeblood of our company.  In order for our company to succeed, we will provide an excellent experience to our customers.  In the future our company will continue to grow from a local firm here in Las Vegas, to a regional firm throughout the western United States.  It is our intention to grow from customer referrals, excellent ratings online and a stellar reputation for always doing a great job for our clients.  Thank you for choosing Patriot Tax Professionals.

https://www.patriottaxpros.com/tax-services-las-vegas/

5-Star Google Reviews Speak for Itself…

Patriot Tax Professionals has a 5-star review rating on Google!  Are you looking for a tax resolution firm with a great reputation for being honest and ethical?  Over the years I have seen a lot of shady business in the tax resolution industry.  This includes misrepresentation, over promises, and most of all unlicensed sales persons giving tax advice. Come to Patriot Tax Professionals and get the accuracy and honesty you deserve.

[flatfeetaxservice]

FLAT FEE TAX RELIEF

Coast to Coast - IRS Help

IRS Tax Relief - Tax Debt Help

Get the latest IRS news. Discover easy-to-read info on a wide range of topics at Flat Fee Tax Relief.

[randellwmartin-blog]

IRSProb.com's Randy Martin Earned the Certified Tax Resolution Specialist Designation

PRESS RELEASE  UPDATED: FEB 14, 2020

DALLAS, February 14, 2020 (Newswire.com) - Randell "Randy" W. Martin of IRSProb.com, a Dallas, Texas, IRS Tax Resolution Firm, earned the Certified Tax Resolution Specialist designation from the American Institute of Tax Problem Solvers.

The designation allows individuals and businesses to identify experts who can help them with tax problem resolution by securing IRS Offers in Compromise, Installment Agreements, Penalty Abatement, Innocent Spouse Relief, Release of Liens or Levies, and many other solutions.

Martin, a CPA, specializes his practice in tax problem-solving. He has been with the firm for 17 years and is a graduate of The University of Texas at Austin and has an MBA from Thunderbird. Martin is fluent in Spanish.

(Photo at https://IRSProb.com/about-us/)

Martin is a member of the American Institute of Certified Public Accountants, the Texas Society of Certified Public Accountants, and the Dallas Society of Certified Public Accountants.

IRSProb.com has been serving clients in North Texas since 2003. It offers a wide variety of tax services that include tax resolution, tax planning, and tax compliance. More information about the firm and services is at its website at https://www.IRSProb.com/, where visitors can also sign up for their monthly newsletter.

To the Media:

For background, commentary, trends or story ideas about tax resolution, income tax issues and IRS happenings, please contact Randell Martin, managing partner, at rwm@irsprob.com or call 833-IRS-PROB or 214-214-3000 or visit online at https://www.IRSProb.com/.

Source: www.IRSProb.com

[strategictaxresolutionblog-blog]

How to stop wage garnishment? Call 1.888.339.4914 today for a free consultation to determine the best program for you! Visit us www.strategictaxresolution.com/tax-problems/stop-wage-garnishment to know more.

[saicpaservices]

Navigating IRS Challenges with SAI CPA Services

Are you facing IRS problems and need expert representation? SAI CPA Services in New Jersey is your trusted partner in resolving tax-related issues with precision and professionalism. Our team understands the complexities of dealing with the IRS and is dedicated to providing comprehensive representation services. Whether you're an individual or a business, we have the expertise to address audits, notices, and other challenges.

At SAI CPA Services, we go beyond problem-solving. We act as your advocates, ensuring clear communication with the IRS on your behalf. Our experienced professionals navigate the intricacies of tax regulations, working tirelessly to achieve the best possible outcome for you. Trust us to handle IRS matters efficiently, allowing you to focus on what you do best – running your business. With SAI CPA Services, you're not alone in facing IRS challenges; you have a reliable partner by your side. Contact us today and let us guide you through the resolution process.

[expertotax]

Tax debt help. DEBO taxes y ahora quien podra ayudarme. 🏅🏅🏅🏅🎈🎈🎈🎈😉😉😉😉

#businesstaxes #taxpreparation #bookkeeping #contabilidad #smallbusiness #taxes #business #businessowner #businesswoman #businesslife #photooftheday #happy #followme #friends #business #love #motivation #inspiration #instagram #instagood #bitcoin #entrepreneur #empresas #entrepreneurship #español #contabilidad #llc #love #español #irsletters #taxhelp

#offerincompromise #irsproblems #smallbusiness #taxes #inc #irs #ftb #payroll

[patriottaxprofessionals]

Preparing Your Offer In Compromise Correctly - IRS Form 656

Tips for Filling out IRS Form 656, Offer In Compromise

First of all, this is a form you definitely want to get right the first time.  Any mistake you make could result in a whole list of problems for you (or your client).  Problems may include delaying your offer by months or possibly even an outright denial.

What is IRS From 656 and Who Should Use it?

Form 656 is one of the forms required by the IRS for requesting an Offer in Compromise (OIC). This form, along with IRS form 433 (OIC) allows the IRS to evaluate your client's complete financial profile and ability to repay the tax debt and determine if they will accept the offer.

Form 656 is where you report the details of your proposed OIC.  These details include important information such as the amount of the offer and the proposed timeline for repayment.  This is alos where you explain your case for why it is in the best interest of the IRS to accept less money than the taxpayer owes.  The same form is used for either an individual or business that is requesting a Doubt as to Collectability or Effective Tax Administration.  (Side Note: Doubt to Liability Offers are submitted on IRS form 656-L)

DATC vs. ETA

(Doubt as to Collectability VS. Effective Tax Administration)

Doubt as to Collectability or Effective Tax Administration, which is better for your client?  Doubt as to collectability exists in any case where the taxpayer's assets and remaining monthly income are less than the full amount of the assessed liability.  Simply said, the Doubt as to Collectability OIC is for clients that don't have enough disposable income and assets to pay their tax debt.  Full disclosure on this type of offer in compromise is collected on IRS form 433-OIC.  Supporting documentation such as paystubs, bank statements, and mortgage statements will be required.  If you client simply cannot afford to pay their tax debt, Doubt as to Collectability is the best offer for them.  

On the other hand, Effective Tax Administration is for client who can technically afford to pay their tax debt, but doing so would cause undue harm to the taxpayer (such as financial hardship) or undermine public faith in the IRS.  In this instance, you have to be able to convince the IRS that not collecting the tax is more beneficial to them than collecting the tax debt.  For example, the IRS is NOT going to seize the assets of senior citizen living on Social Security or force a disabled person to sell his home that has been specially equipped to accommodate his disability.

How Do you Determine Repayment Terms?

Section IV of IRS form 656 requires that you choose between two different payment options:  Lump Sum and Periodic Payment.  A lump sum offer is for clients who can afford to pay their offer amount in 5 months or less.  A 20% initial deposit of the offer amount is required at the time you apply for a lump sum offer.  The deposit will be applied to the tax debt regardless of whether or not the IRS accepts the offer.  IF the offer is accepted by the IRS the taxpayer will be required to pay the remaining balance in five or fewer monthly payments.

The Periodic Payment is for offers with a payment plan greater than 5 months but not more than 24 months.  This option requires that you include your initial payment at the time you submit your application.  Monthly payments in the same amount must continue to be made while the IRS is the process of considering your offer (which may take 6 months, maybe longer). If the IRS accepts you offer, the taxpayer will be required to pay the remaining balance of the offer over the remainder of the 24 month period.  

Ultimately, the payment plan that you should choose depends on how much you (your client) can afford to pay monthly as well as their ability to make the 20% down payment that is required with the lump sum offer.    

If you have any questions about IRS form 656, be sure to visit our website www.patriottaxpros.com or call us on our toll free line at (877) 782-9383.  I will always give you a free, HONEST assessment of your likely outcome and never mislead you!

Respectfully,

David Krausse

Enrolled Agent, Patriot Tax Professionals

[patriottaxpros-blog]

Innocent Spouse Relief is oftentimes a very emotional subject but the IRS have very specific guidelines.  Find out if you are eligible here...

https://www.patriottaxpros.com/las-vegas-innocent-spouse-relief/

[flatfeetaxservice]

FLAT FEE TAX RELIEF 1-866-747-7435

Coast to Coast - IRS Help

IRS Tax Relief - Tax Debt Help

The Taxpayer Advocate Service (TAS) released a report that detailed the processing issues the IRS had last year. For details contact Flat Fee.

[randellwmartin-blog]

The IRS is Not Here to Serve the Taxpayer’s Best Interest

The IRS is not here to serve the taxpayer’s best interest.  It does not exist to find the solution that’s right for you or even to see how taxes can best fit into your budget.  Most often I enjoy reading Michelle Singletary’s column in the Washington Post.  However, the one from Saturday, February 8th is misleading.

In Michelle’s column “Can’t pay the IRS what you owe in taxes? This is the one thing you should do.” she took the position that, as a first step, a taxpayer contacting the IRS directly is the best course of action for dealing with IRS issues.  As a certified public accountant and a certified tax resolution specialist who focuses on helping people with IRS problems and deals with the IRS daily, I strongly disagree with her claim.  Dealing directly with the IRS could be the worst mistake a taxpayer makes; I have witnessed tax nightmare resulting from taxpayers following this course.

Unfortunately, the IRS is extremely understaffed and poorly trained, and taxpayers need professionals to guide them through this IRS maze.  I am the first to agree that it should not be this way, but it is.  Dealing with a bureaucracy is taxing—pun intended.  Due to high rates of retirement and attrition, understaffing, budget cuts, and reduced training, calling the IRS requires waiting on hold for thirty minutes to two hours.  If the taxpayer can get through to an IRS representative, she will often encounter an employee who is not well trained on how to deal with the taxpayer’s issues.  Many representatives are too eager to put the taxpayer into an unsustainable payment plan that the taxpayer cannot afford.  When payments are missed and the plan implodes, the taxpayer will be in a worse position than before with penalties and interest accumulating.  Establishing an installment plan for the second time proves even more difficult. Guiding taxpayers to the correct IRS department to contact is a challenge.  In many departments, IRS employees are supposed to assume that the taxpayer is dishonest and often go beyond their powers when requesting information.  Without professional representation, taxpayers will often find themselves in an even bigger mess with even more questions than when they started.

IRS practices constantly change.  The Internal Revenue Manual, the “book” which governs the actions of the IRS employees, is not even a book at all—it’s rarely available in print form.  Why?  Because it changes constantly.  The cost of living factors used to decide if an individual qualifies for an Offer in Compromise, Partial Pay Installment Agreement, or Currently Not Collectible status also constantly change—it happened again in March.  Which and how penalties may be abated also went through a big change late last year altering what is allowed and what is not.  Federal Court cases and Tax Court cases change both the way the Internal Revenue Code is applied and the Internal Revenue Manual.  It’s hard enough for taxpayers to keep up with the changes to how they file their taxes—I would consider it impossible for people outside the industry to keep up with all the moving parts in the tax law regarding how the IRS manages collections.

However, I do strongly agree with Ms. Singletary on several issues.  There are a lot of bad guys in the tax-debt relief industry.  She rightly refers to the large national tax mills who prey on people through million-dollar advertising and slick salespeople.  They are infamous for promoting the Offer in Compromise, so they can charge their inflated fees.  Then they change plans and attempt to force the client to agree to an inferior, less complicated, solution or worse to pay 100% of what the IRS claims is owed.  Other times the organization forget about the client completely—not even returning phone calls.

I am often called in to clean up the mess caused by the large national tax mills and from taxpayers going it alone as well.  Fortunately, many times I can go forward with a successful Offer in Compromise despite the previously missed deadlines, poor workmanship, and claims by the national tax mills that the taxpayer doesn’t qualify, but other times the damage has been done.

By the way if you hear anyone advertise that they will settle your IRS tax debts for “Pennies on the Dollar” please report them to the IRS’s Office of Professional Responsibility immediately.  While I have not heard that phrase used in advertisements in years, I don’t doubt that it is still used, and it’s not legal to do so.

https://www.irs.gov/tax-professionals/the-office-of-professional-responsibility-opr-at-a-glance

I haven’t had the chance to meet Eric Hylton, the Commissioner of the IRS’s Small Business and Self-Employed division, but I do know Deputy Commissioner Darren Guillot.  Both have made great improvements at the IRS.

Ms. Singletary needs fist hand experience to understand how difficult it is to deal with the IRS and how complicated the laws are to force a change in opinion.  That being said, I will continue to read, learn from, and enjoy her articles.

Randell W. Martin, CPA, MBA, CTRS

https://www.IRSPROB.COM

Dallas, Texas

[strategictaxresolutionblog-blog]

Have you received the dreaded letter form the IRS that says you owe taxes? ☎️ 1.888.339.4914 us for a free consultation. Once you sign a Power of Attorney with us, the IRS is not allowed to contact you directly any longer. Learn more at www.strategictaxresolution.com/tax-problems