NEW YORK IRS FRESH START PROGRAM

NEW YORK IRS FRESH START PROGRAM

New York IRS Fresh Start Program. When the income and the assets are not enough to pay off the tax debt of a taxpayer 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 is now being referred to as a IRS Fresh Start Program. Most Offers in Compromise are rejected for multiple reasons, at the beginning the thinning out process starts with the Offer being reviewed for proper format. Most are wrong from the start and are sent back to the taxpayer. Having an Offer rejected carries risk’s as you will have to give the full financial disclosure, so if its rejected, you will have given them the information to then collect from you, including your bank account information and where you work.

The most common type of what we call the New York IRS Fresh Start Program for citizens of New York, is the Doubt as to Collectability. Because of your income and assets, a real doubt exists that you could ever pay the tax debt in full. Doubt as to Liability is the second type of Offer. It is only used for incorrect assessments of tax. If the tax assessment can be proven wrong, this might be a solution to the tax debt. 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.

NEW YORK IRS FRESH START PROGRAM

Whenever a taxpayer looks at the New York IRS Fresh Start Program as a solution to a tax debt, the first question should be, is another solution available ? Because of TV commercials, many past companies were advertising the “Pennies on the Dollar” Offer as the only way to go. Its not the only tax relief option available. Many taxpayers have gotten tunnel vision, thinking that is the way to go, and they can expose themselves to companies that sell the Offer. We are not salespeople, we are problem solvers. Even though we will look at the Offer in Compromise as a solution to your tax debt, we will give you every option you have, so you can make an informed decision. Sometimes we find a better solution than the New York IRS Fresh Start Program. Call today 1-888-689-7861

No matter what Borough or County in New York you live in, we can and will help solve your Tax Problem. From Manhattan to Brooklyn, the Bronx, and Richmond, Staten Island, we cover every one of the five Boroughs. From Albany County, to Allegany, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Clinton, Columbia, Cortland, Delaware, Dutchess, Erie, Essex, Franklin, Futon, Genesee, Greene, Hamilton, Herkimer, Jefferson, Lewis, Livingston, Madison, Monroe, Montgomery, from Nassau to Niagra, at New York IRS Fresh Start Program we have your covered. Oneida County, to Onondaga, Ontario, Orange, Orleans, Oswego, Otsego, Putnam, Rensselaer, Rockland, Saint Lawrence County, Saratoga, Schenectady, Schoharie, Schuvler, Seneca, Steuben, Suffolk, Sullivan, Tioga, Tompkins, Ulster, Warren, Washington, Wayne, Westchester, Wyoming, and Yates. Call for a Free New York IRS Fresh Start Program consultation today. 1-888-689-7861

After looking over a taxpayer’s situation, if the New York 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, and New York State Department of Revenue if you have State tax issues. Since Federal Tax Resolution works with clients in all 50 States, we have established a knowledge of nationwide practices, which allows us to monitor the Offer process for any errors. We have being doing this successfully for the last 36 years, and go back to the beginning of the Tax Resolution industry. Our expertise is unmatched. This way your New York IRS Fresh Start Program proceeds forward with no hitches. If you have New York State Income Taxes that you owe, handle both the IRS and State issue at the same time. We can almost always get a better result if both are done at once. The New York State Department of Revenue tax can be fixed at the same time as your IRS problem.

IF YOU WANT YOUR NEW YORK IRS FRESH START PROGRAM TO SUCCEED YOU WILL NEED:

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

WE CAN REPRESENT NEW YORK TAXPAYERS IN A DIFFERENT TAX COURT JURISDICTION THAN IN NEW YORK, IF YOU ARE FACING AN UNJUST IRS AGENT. WE ARE ONE OF THE ONLY COMPANIES IN AMERICA THAT CAN DO THIS, SOMETHING THAT HAPPENS OCCASIONALLY, BUT SOMETHING WE ARE PREPARED TO DEAL WITH FOR OUR CLIENTS.

WE HAVE THE ABILITY TO REPREENT TAXPAYERS ANYWHERE IN THE WORLD.

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

WE ARE THE OLDEST TAX RESOLUTION SERVICES FIRM IN NEW YORK, AND THE FOURTH OLDEST IN THE UNITED STATES OF AMERICA.

WE HAVE A HIGHER GRADE OF TAX PROFESSIONAL THAN 95% OF THE TAX RESOLUTION SERVICES FIRMS IN NEW YORK.

WE HAVE SUCCESSFULLY SUBMITTED A NEW YORK IRS FRESH START PROGRAM FOR $3009.88 ON A TAX DEBT OF $2,500,000 THAT WAS IN 1988

WE HAVE SUCCESSFULLY SUBMITTED A NEW YORK IRS FRESH START PROGRAM FOR A MAN WHO OWED $9,000,000 AND PAID THE IRS $0 ZERO.

OUR NEW YORK IRS FRESH START PROGRAM SAVINGS RUN INTO THE MILLIONS OF DOLLARS FOR OUR CLIENTS OVER THE LAST 36 YEARS.

NEW YORK IRS FRESH START PROGRAM

If you need to position yourself for a better result, be glad you are reading this. The large majority of the companies that advertise on TV will try to get you into “Uncollectible Status” with the IRS. Its the least amount of work for them, and they are so worried about covering the massive overhead they create with these large advertising campaigns. 36 years ago it was referred to as “Churn and Burn”, turn clients over as fast as possible, to create the most profit, and whether the tax solution is the best for the client comes second to the profit motive. Taking time in many cases produces a better result. Case example:

We had a client that presented his financials to us and he told us that another company said he did not qualify for the New York IRS Fresh Start Program. After looking his financials over we realized that he did not have health insurance, an allowable expense with the IRS. We discussed this with him, because it would put him in a position where he could in fact pursue the New York IRS Fresh Start Program. He said “You must be 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 Offer in Compromise. It tool longer as we had to wait for six months of health insurance payments by him, but we waited as we knew it would be the difference for him. Which is was, as we completed the New York IRS Fresh Start Program to a great Resolution and permanent Tax Relief for our client. That is what we call Superior Tax Resolution Services. Call for a free tax fresh start consultation today. 1-888-689-7861

NEW YORK IRS FRESH START PROGRAM

In the above example, 95% of the companies that advertise on TV or the radio would put that man on “Uncollectible Status”, if possible, because its the least amount of work for them. But that is a band aid approach, as the IRS reviews financials as when the taxpayer has their financial reviewed, its usually time to start over. Its not a permanent solution, which is what we always look for for our clients. That’s why we say, you need to explore every option you have, that is the only way to make the correct choice for your family, your job, or your business.

When we pursue a New York IRS Fresh Start Program for our clients, we will appeal at no additional cost to the client. Why ? Because if we start a New York IRS Fresh Start Program to begin with, we know our client qualifies for it.

Submission of a New York IRS Fresh Start Program does not guarantee acceptance by the IRS. This is only the first step in a process that usually takes 8 to 12 months, maybe longer due to Covid slowdowns at the IRS. We had a client with a Insurance Sales Partnership. He didn’t want his partner to know he had a IRS tax debt, which he had because he had a son with a severe disability and had to retrofit his house for wheelchair access and hire a full time nurse while he worked.

His wife had left him, due to the stress of caring for the child. He was making really good money, but had to decide to pay for his son’s care or the IRS, and he decided to care for his son. Who could argue the point ? Well we stayed focused on solving his tax problem. When he contacted us, he was discouraged about his financial situation and quite worried that the IRS would garnish his wages and his partner would find out, potentially dissolving the partnership.

After filing Power of Attorney and looking his financials over, we submitted an Offer to the IRS for $44,000. After examination the IRS said they wanted $80,000. Our client came back to us and said he could never pay the $80,000 and what we thought we had agreed to, the $44,000 he now said it won’t work. So we Appealed his New York IRS Fresh Start Program, which took an additional six months to complete. By the end, the IRS lowered his Offer to amount he said he could manage. This story not only was a happy ending for our client and ourselves, but the icing on the cake was that he married the nurse who was taking care of his child. That is what we call Superior Tax Resolution Services.

NEW YORK IRS FRESH START PROGRAM

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 tax returns, and they must submit all required documentation to the IRS on time. An exception for those with insufficient income levels is made in 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. If you are in a bankruptcy, the IRS will not look over your New York IRS Fresh Start Program until you come out of the bankruptcy proceeding.

If you have any audit’s underway or have filed for the Innocent Spouse provision of the tax code, you cannot submit an Offer in Compromise while you are in either of those. That is why we say, prior to deciding on any avenue for dealing with a past due tax debt, you need a Tax Professional to go through the process of determining every avenue of Tax Relief in both the IRS and New York Revenue Codes. Once you know your options, then and only then will you be able to make an informed decision that is in your best interest. .

Congratulations you qualified for the New York IRS Fresh Start Program. Well can you make the payments ? This is often a overlooked factor Tax Resolution Companies that are so intent in maximizing profits over service, that they simply tell the client they qualify, but then the client cannot make the payments on the backend to finish it off. We always make sure our clients can make the payments, otherwise a different option must be chosen. We have fielded numerous calls form angry taxpayers who went through the process with a company that didn’t explain this and then were left out in the cold.

Many of the individuals and businesses that we deal with, have had poor accounting in place, prior to working with us. They have us file the tax returns to keep them in compliance, to make sure the New York IRS Offer in Compromise doesn’t get rejected, due to not filing required returns. Tax Preparation for our tax resolution clients is available, Call for details. 1-888-689-7861

If your tax debt is holding you back financially, give it the priority it deserves. Your future, your job, your business, family, and relationships can all hang in the balance. Give them the best outcome by having a Tax Professional who specializes in this area of taxation, Tax Debts and unfiled tax returns, the ability to determine for you your best possible outcome. Call today for a Free Tax Consultation 1-888-689-7861