MINNEAPOLIS IRS FRESH START PROGRAM

MINNEAPOLIS IRS FRESH START PROGRAM

If the asset and income of a taxpayer are not enough to pay off a tax debt in full, the IRS has the authority to settle for less than the full amount owed. This is called an Offer in Compromise, or what in now being called the IRS Fresh Start Program. Here at Minneapolis IRS Fresh Start Program we understand that most Offers are rejected due to being formatted improperly. Offers that make it past this point have to choose the proper type of Offer, then proceed down the gaunlet of processes that must be satisfied to have a successful conclusion.

The most common type of Minneapolis IRS Fresh Start Program is the Doubt as to Collectability. Because of your income and assets, a real doubt exist that you could ever pay the tax in full. Doubt as to Liability is the second type of Offer. It is only available for incorrect assessments of tax. If you can prove your tax assessment is incorrect, this may be a solution to your tax problem. The third type of Offer is the Effective Tax Administration. This type of Offer has been around the shortest period of time. This is used for cases of economic hardship. For Professional help with your Minneapolis IRS Fresh Start Program, call 1-888-689-7861.

Whenever a taxpayer looks at an Offer in Compromise as a solution to a tax debt, the first question should be, is another solution available ? Because of TV commercials and radio ads, touting the “Pennies on the Dollar” Offer in Compromise program, taxpayers often get tunnel vision, thinking that is the only way to go. Many of those companies have been put out of business for being unethical and committing fraud. We had a client call us and say he believed based on a conversation with another company that he qualified for a Offer in Compromise. After looking his financials over, we told him he didn’t. But by re-filing his tax returns we were able to save him $38,000 on a $78,000 tax debt.

MINNEAPOLIS IRS FRESH START PROGRAM

After looking over a taxpayer’s situation, if the Minneapolis IRS Fresh Start Program is the way to go, the first thing we do is to file the 2848, IRS Power of Attorney. This allows us to obtain copies of all IRS notices the IRS sends to our client. Since Federal Tax Resolution works with clients in all 50 states, we have obtained a knowledge of nationwide practices, which allows us to monitor the Minneapolis IRS Fresh Start Program for any errors. Many differences of opinion of the valuation of assets in Offer negotiations happen. We use precedent to our advantage, which serves our clients well. This way your Minneapolis IRS Fresh Start Program proceeds forward with no hitches.

IF YOU WANT A MINNEAPOLIS IRS FRESH START PROGRAM TO SUCCEED YOU NEED

EXPERIENCED TAX PROFESSIONALS. FED TAX RESOLUTION HAS OVER 125 YEARS OF COMBINED TAX EXPERIENCE TO BRING TO BEAR ON YOUR TAX ISSUES.

WE ARE THE OLDEST TAX RESOLUTION COMPANY IN MINNESOTA AND THE FOURTH OLDEST IN THE UNITED STATES. USE OUR EXPERIENCE TO SOLVE YOUR TAX PROBLEM.

WE ARE ONE OF THE ONLY TAX RESOLUTION FIRMS IN AMERICA THAT CAN REPRESENT A TAXPAYER IN TAX COURT IN ANY JURISDICTION IN TAX COURT. WE CAN TAKE A MINNESOTA TAX COURT OUT OF THE MINNESOTA TAX COURT JURISDICTION IF YOU THINK YOU HAVE A UNJUST REVENUE AGENT OR RULING.

WE HAVE THE ABILITY TO REPRESENT TAXPAYERS WORLDWIDE.

WE HAVE CONTACTS WITH IRS OFFICIALS IN THE UPPER ECHELON OF DECISION MAKING AT THE IRS, WHICH HAS MEANT THE IDFFERENCE IN NUMEROUSE CASES FOR OUR CLIENTS.

WE HAVE AHIGHER GRADE OF TAX PROFESSIONAL THAN 98% OF THE TAX RESOLUTION COMPANIES IN THE UNITED STATES.

WE HAVE SUCCESSFULLY SUBMITTED AN OFFER IN COMPROMISE ON A $2,500,000 TAX DEBT, THAT WAS SETTLED FOR $3009.88 THAT WAS IN 1988

WE NEGOTIATED A OFFER ON A MAN WHO OWED $9,00,000 IN A CIVIL PENALTY ON A TAX DEBT THAT RAN INTO THE TENS OF MILLIONS OF DOLLARS. HE PAID THE IRS $0 ZERO THAT WAS IN 2011

OUR MINNEAPOLIS IRS FRESH START PROGRAM SAVINGS RUN INTO THE MILLIONS OFR OUR CLIENTS OVER THE LAST 36 YEARS.

MINNEAPOLIS IRS FRESH START PROGRAM

If you need to position yourself for a better result, be glad you are reading this. 98 percent of the companies that advertise on the internet or on TV, will try to get you into “Uncollectible Status” as its the least amount of work for them. We understand that taking our time with clients produces a better result. Case Example:

We had a client that present his financials to us and he did not qualify for a Minneapolis IRS Fresh Start Program, but after looking the Financials over we realized he did not have health insurance, an allowable expense. We discussed this with him, as it would cut down the amount of the Offer and actually qualify for one to begin with. He said “I think your reading my mind as I was worried that if I did this and got sick I might not be able to follow through. Now I can get health insurance and pursue the Minneapolis IRS Fresh Start Program”, which we did for him to a successful conclusion. It took longer than a normal case, as we had to wait to obtain six months of health insurance premiums, but we waited as we knew it would be the difference for him, which it was. That is what we call Superior Tax Resolution Services.

In the above example 95% of the Tax Resolution firms in America would take the easy way out and put him on a payment plan or “Uncollectible Status” if possible. But that really would not have served him best. “uncollectible Status” gets reviewed every now and then by the IRS, and is a part time solution, where the taxpayer will have to deal with the Tax Debt down the road all over again. If you want permanent Tax Relief, call us. 1-888-689-7861

MINNEAPOLIS IRS FRESH START PROGRAM

When we pursue a Minneapolis IRS Fresh Start Program for our clients, we also ask if they have a Tax Debt with the Minneapolis Department of Revenue. It is best to handle both Federal IRS and State Tax Debts at the same time, as we can generally get a better result when that is done. We handle every county in the State of Minnesota, not just Minneapolis, the name. We have been serving clients in Minnesota for 36 years. We cover Aitkin County, Anoka, Becker, Beltrami, Benton, Big Stone, Blue Earth, Brown, Carlton County, Carver, Cass, Chippewa, Chisago, Clay, Clearwater, Cook, Cottonwood, Cook, Crow Wing, Dakota, Dodge, Douglas, Fairbault, Fillmore, Freeborn, and Goodhue. From Grant County, Hennepin, Houston, Hubbard, Isanti, Itasca, Jackson, Kanabec, Kandiyohi, Kittson, Koochiching, Lac Qui Parte, Lake, Lake of the Wood, Le Sueur, Lincoln, Lyon, Mahnomen, Marshall, Marin, McLeod, Meeker, Mille Lacs, Morrison, Mower, Murray, Nicollet, Nobles, Norman, Olmsted, Otter Tail, Pennington, Pine, Pipestone, Polk, Pope, Ramsey, Red Lake, Red Lake, Redville, Rice, Rock, Roseau, St. Louis, Scott, Sherburne, Sibley, Stearns, Steele, Stevens, Swift, Todd, Traverse, Wabasha, Wadena, Waseca, Washington, Watonwan, Wilkin, Winona, Wright, and Yellow Medicine. For 36 years we have helped every county of Minnesota to have a choice about what to do with the tax problems they faced.

MINNEAPOLIS IRS FRESH START PROGRAM

Submission of a Minneapolis IRS Fresh Start Program to the Internal Revenue Service will not guarantee acceptance by the IRS. This is only the first step in a process that usually take 7 to 12 months, now longer due to Covid slowdowns at the IRS. We had client who had a partnership in insurance sales. He didn’t want his partner to know he had a tax debt, which came about because his son had a severe disability and he had to retrofit his house for wheelchair access. His wife left him due to the stress of caring for the child, so he had to hire a full time nurse to care for the child while he worked.

He was making good money, but due to the added expenses fell behind and had to decide to pay the IRS or care for his child. Who could argue the point ? Well we stayed focused on solving his problem. When he contacted us he was discouraged and worried the IRS would garnish the partnership, causing stress and potential dissolution of the partnership. After filing a Power of Attorney, we submitted an Offer to the IRS for $44,000. After examination, the IRS said they wanted $80,000. Our client came to us and said the $80,000 and the $44,000 were not possible. So we Appealed on his behalf. Six months later the IRS accepted for a smaller amount that the client said he could handle. The best part of this story was that our client called us up weeks later to thank us and to tell us that he was going to marry the woman who had been caring for his son. That is what we call Superior Tax Resolution, going the extra mile for our clients.

Now to get to this happy ending, taxpayers have to go through the process of paying a $205 application fee. They need to be compliant in filing of tax returns, they must submit appropriate financial documentation to the IRS on time. An exception for those with insufficient income levels is given for paying the $205 application fee. To be eligible for this, you would have to go through the IRS guidelines and once met, the fee would be waived. Those guidelines can be found at irs.gov

If you are in a Bankruptcy proceeding, the IRS will not look over your Minneapolis IRS Fresh Start Program until you come out of the Bankruptcy proceedings. If you are going to do one or the other, make sure you know the ramifications for each prior to doing either. If you have any audit’s underway, or have filed under the Innocent Spouse tax codes, you cannot submit a Minneapolis IRS Fresh Start Program until you are finished with either of those. That is why we say, prior to deciding on any avenue for dealing with a past tax debt, you should consult with a Tax Professional who can guide you tO the correct choice. Otherwise you are gambling your future away, and risking an IRS Wage Garnishment.

MINNEAPOLIS IRS FRESH START PROGRAM

Many business owners we speak with who work with us on a Minneapolis IRS Fresh Start Program, who had lackluster accounting practices in place, have asked us to ensure they remain compliant during the final stages of the Offer, by doing the accounting books for them. We gladly do that for businesses with up to millions in payroll, and have helped countless business owners get their books in order. Ask us about our accounting services today. 1-888-689-7861

Federal Tax Resolution is an A+ Rated Better Business Bureau rated company that is recommended by peers in the Industry. We have a Higher Grade of Tax Professional than 95% of Tax Resolution firms in the United States and can Represent a taxpayer in Tax Court in any Jurisdiction in America. Our 36 years in business started by helping this industry change the business model of how Retainer Fees were charged. Back when only two companies, both Pennies on the Dollar “Offer in Compromise Mills”, the entire fee was charged upfront by both companies, as they were peddling lies, telling people they could get them off for pennies on the dollar within a 10 minute conversation, without ever seeing the financials. We were one of the first companies to start charging a reasonable Retainer Fee, confidant of the work being done, and accepting payments over a period of time. This allowed thousands to obtain Tax Resolution, who could not afford an entire fee upfront. We have helped change this industry for the better from day one. Call and ask about our Business Accounting Services and the Minneapolis IRS Fresh Start Program. Call today 1-888-689-7861.

No matter where you live in Minnesota, we have served your county or city for the last 36 years. We have extensive experience in all areas of tax debt matters, and can guide you to making the correct choice for your financial future, your job security, your family, and relationships. Call today 1-888-689-7861