WISCONSIN MILWAUKEE IRS FRESH START

WISCONSIN MILWAUKEE IRS FRESH START

When the assets and income of a taxpayer cannot pay off a tax debt over a period of time, 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 called the IRS Fresh Start Program. Most Offers in Compromise are rejected because they are reviewed for proper format, yet are not processed due to being formatted wrong. Others that make it past this point at the IRS must choose the proper type of Offer.

The most common type of Wisconsin Milwaukee IRS Fresh Start 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, it might be a solution to the tax debt. The third type of Wisconsin Milwaukee IRS Fresh Start is the Effective Tax Administration. This type of Offer in Compromise has been around the shortest period of time, and is used for cases of extreme hardship.

WISCONSIN MILWAUKEE IRS FRESH START

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, many past companies were putout of business due to selling the “Pennies on the Dollar” Offer in Compromise Tax Mill Company bologna that was prevalent years past. Some companies today still push that and it causes taxpayers who see those ads to get “Tunnel Vision”, thinking the Offer in Compromise is the way to go. Its only one option. We had a client in Georgia who believed based on a conversation he had with another company that a IRS Fresh Start Program was the way to go. Turns out he didn’t qualify for one. Yet, by re-filing his tax returns, we were able to save him nearly $38,000 on a tax debt of $78,000.

After looking over a taxpayers situation, if the Wisconsin Milwaukee IRS Fresh Start is the way to go, the first thing we do is file the 2848, IRS Power of Attorney. This allows us to obtain copies of all IRS notices the IRS sends out 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 Offer process for any errors. Many differences of opinion of the valuation of assets in Offer negotiations can happen. We use precedent to our advantage, which serves our clients well. This way your Wisconsin Milwaukee IRS Fresh Start proceeds with no hitches. Call for a Free Consultation 1-888-689-7861

WISCONSIN MILWAUKEE IRS FRESH START

If you owe the IRS then you may also have a Tax Debt for Wisconsin Income Taxes. We are Experts and recommend that you handle both your IRS and State tax issue at the same time. We can always get a better result if both are taken care of at the same time. We cover every corner of the State of Wisconsin and have for the last 36 years. We are the Fourth Oldest Tax Resolution Company in America, No matter what county in Wisconsin you live in, we have you covered. From Adams County, Ashland, Barron, Bayfield, Brown, Buffalo, Burnett, Calumet, Chippewa, Clark, Columbia, Crawford, Dane, Dodge, Door, and Douglas, from Dunn County to Eau Claire, Wisconsin Milwaukee IRS Fresh Start can and will help you. If you are in Florence County, Fond Du Lac, Forest, Grant, Green, Greenlake,, Iron, Iowa, Jackson, Jefferson, Juneau, Kenosha, Kewaunee, La Crosse, La Fayette, Langlade, Lincoln, Manitowac, Marathon, Marinette, Menominee, Milwaukee, Monroe, Oconto, Oneida, Outagamie, Ozaukee, Pepin, Pierce, Polk, Portage, Price, Racine, Richland, Rock, Rusk, St. Croix, Sauk, Sawyer, Shawano, Sheboygan, Taylor, Trempeateau, Vernon, Vilas, Walworth, Washburn, Washington, Waukesha, Waupaca, Waushara, Winnebago, and Wood, we cover every corner of Wisconsin and have for the last 36 years. Call today for your Wisconsin Milwaukee IRS Fresh Start Tax Consultation 1-888-689-7861

WISCONSIN MILWAUKEE IRS FRESH START

IF YOU WANT YOUR WISCONSIN MILWAUKEE IRS FRESH START TO BE 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 FIRM IN WISCONSIN, AND THE FOURTH OLDEST IN THE UNITED STATES. USE OUR EXPERIENCE TO SOLVE YOUR TAX PROBLEM !

WE ARE ONE OF THE ONLY TAX RESOLUTION SERVICES FIRMS IN AMERICA THAT CAN REPRESENT A CLIENT IN TAX COURT IN ANY JURISDICTION IN AMERICA. WE CAN ALSO TAKE A TAX COURT CASE OUT OF THE JURISDICTION OF WISCONSIN TO A MORE FAVORABLE JURISDICTION.

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

WE HAVE A HIGHER GRADE OF TAX PROFESSIONAL THAN 98% OF THE TAX RESOLUTION FIRMS IN AMERICA.

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

WE SUCCESSFULLY NEGOTIATED AN OFFER FOR A MAN WHO OWED $9,000,000 IN CIVIL PENALTIES ON PAYROLL TAXES PAID THE IRS $0. ZERO. THAT WAS IN 2011

OUR IRS FRESH START SAVINGS RUN INTO THE MILLIONS OVER THE LAST 36 YEARS FOR OUR CLIENTS.

WE HAVE THE ABILITY TO REPRESENT CLIENTS WORLDWIDE.

If you need to position yourself for a better result, be glad your reading this. 98 percent of the companies that advertise on TV will try to get you into “Uncollectible Status”, if you don’t qualify for an Offer right away, as its the least amount of work for them. We understand that by taking our time with a client, we can sometimes produce a better result. Case example:

We had a client that presented his financials to us and he did not qualify for a Wisconsin Milwaukee IRS Fresh Start, but after looking over the financials, we realized he did not have health insurance, an allowable expense. We discussed this with him, as he could afford it and it would cut down on the amount he would have to pay the IRS and he would then qualify for an Offer in Compromise. He said, “You must be reading my mind, as I was worried that if I did this, I might get sick and I might not be able to follow thru with this. Now I can get health insurance and pursue the Offer in Compromise,” which we completed for him to a successful conclusion. It took longer than a normal case, as we had to wait for him to obtain6 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 a Wisconsin Milwaukee IRS Fresh Start. Take your first step by calling today. 1-888-689-7861

WISCONSIN MILWAUKEE IRS FRESH START

In the above example 98% of the Tax Resolution Firms advertising on TV would take the easy way out and try to put the client on “Uncollectible Status”, which is a band aid, part time solution to the tax problem, and will be reviewed by the IRS down the road, causing the taxpayer to have to go thru the Tax Resolution process all over again.

When we pursue a Wisconsin Milwaukee IRS Fresh Start, we do it and will Appeal if needed, at no additional cost to the client. Why ? Because if we start a Wisconsin Milwaukee IRS Fresh Start Program, we know the client qualifies for it to begin with.

Submission of a Offer in Compromise to the IRS will not guarantee acceptance by the IRS. This is only the first step in a process that usually takes 7 to 12 months, maybe longer due to Covid. We had a client who had a partnership, insurance sales. He didn’t want his partner to know about the tax debt, which came about because he had a son with a severe disability and had to retrofit the house for wheelchair access and hire a full time nurse while he worked.

His wife had left him because she couldn’t handle the stress of caring for the child. He was making really good money at the time, but due to the increased expenses, he fell behind on taxes, as he had to make a decision, pay the taxes or take care of his child. Who could argue the point ? Well, we stayed focused on solving his problem. When he contacted us, he was discouraged about his financial situation and quite worried that the IRS would garnish his wages from the partnership, which would cause friction and potentially dissolve the partnership.

After filing the Power of Attorney, and looking over his financials, we submitted an Offer to the IRS for $44,000. After examination the IRS came back and said they wanted closer to $80,000. Our client told us he could never afford the $44,000 let alone the $80,000. So we Appealed on his behalf, which took an additional 6 months. By the end the IRS lowered our original Offer to an amount he said he could handle. This story had a happy ending for our client and us, but he Icing on the cake was him calling us to say he married the nurse who was caring for his child. Stories like that drive us to be the best we can be for our clients, for their families, and for their future. Call today 1-888-689-7861

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 all due tax returns, they must submit the appropriate financial documentation to the IRS and provide the IRS with all requested documents 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 proceeding, the IRS will not look your Wisconsin Milwaukee IRS Fresh Start over, until you come out of a Bankruptcy. If you are considering doing one or the other, make sure you speak with someone who understands the implications of both. 1-888-689-7861

If you have any audit’s underway or have filed under the Innocent Spouse provision of the IRS 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 your past tax debt, you need a Qualified Tax Professional to go through the process and determine every avenue for dealing with your tax debt, prior to deciding on the best path moving forward. Once you know what your options are, then and only then will you be able to determine if the Wisconsin Milwaukee IRS Fresh Start is the right option for you. What if you qualify for more than one avenue of Tax Relief. What do you do ? Which do you choose ? Can you pursue both ? These are questions we can help you answer to get the best result for you.

WISCONSIN MILWAUKEE IRS FRESH START

Congratulations, you qualified for the Offer in Compromise program. Well can you make the back end payments ? This is often an over looked factor in Tax Resolution Companies that are so set on maximizing profits over customer service, that they forward the Wisconsin Milwaukee IRS Fresh Start to the client, and then the client is not able to finish it off, by making the required back end payment. We have fielded hundreds of calls from those who tried to submit an Offer themselves or found a company that was on TV, trying to maximize its profits to pay for the expensive advertising they were doing, but didn’t go thru the process of explaining the back end payments, to see if it would work for the client. Because if you can’t pay the Offer payments, its not an option, and another solution will have to be found.

Many businesses that have had lackluster accounting practices in place, use us to make sure they stay in compliance in filing all tax returns, during the Offer process. If you have a IRS Wage Garnishment during the Wisconsin Milwaukee IRS Fresh Start process, we can make that a priority on your case. The best way to stop that is to pursue Tax Resolution before it happens. We know the conditions that exist for putting a Levy or Wage Garnishment on a Business, or individual and will work on that form the start if its already in place.

Prior to the IRS going after assets or putting a Tax Lien on your Social Security number, the IRS will send out a series of letters, called CP letters. They start off by telling you that you have back taxes, or a tax debt. They then get more aggressive, until they go after your paycheck, bank account, or business assets. They may also put a lien on your Social Security number, denying you credit and the ability to sell vehicles or your home. We know how to deal with the Collection Division of the IRS. Call today. 1-888-689-7861

We have been helping every corner of the State of Wisconsin for 36 years. As the Fourth Oldest Tax Resolution Company in America, we are experienced, and can use that experience to solve your tax problem. Call today for a Free Consultation and see what Superior Tax Resolution Services are all about. 1-888-689-7861 We have helped thousands of both individuals and business owners in the State of Wisconsin over the last 36 years get out of debt caused by both the IRS and Wisconsin Department of Revenue Tax Issues. Call today if you need help. 1-888-689-7861