subscribe to RSS feeds

Tax Relief Blog


by


Avoid an IRS Tax Lien

When you request your Guaranteed or Streamlined Installment Agreement from the IRS, also ask if the Service will defer the filing of a Notice of Federal Tax Lien (NFTL).

The Internal Revenue Manual states the following in section 5.12.2.3.1:

"An NFTL [Notice of Federal Tax Lien] filing determination is not required on Guaranteed/Streamlined Installment Agreements or In-Bu...
read full article >>
Categories: IRS Tax Lien

by


IRS Final Notice of Intent to Levy


The IRS is required to notify you before seizing your assets.  This means that you'll receive a Final Notice of Intent to Levy in the mail prior to receiving a bank levy or wage garnishment. 

A Final Notice of Intent to Levy (Notice LT11, Notice CP90, Letter 1058) gives the taxpayer Appeal rights.  You may request a Collection Due Process (CDP) Hearing if you d...
read full article >>

by


Was your Offer in Compromise rejected by the IRS?  If so, you may Appeal the initial rejection using IRS form 13711.  Be sure to complete the form completely and attach any substantiation documents you may have to support your reasoning for the Appeal. 

You may disagree with the Offer Specialist that reviews your OIC package.  A disagreement over one or two monthly expenses could make or brea...
read full article >>
Categories: Offer in Compromise

by


If you've looked at IRS form 433-A(OIC) closely, you've seen the $1,000 exclusion the Service allows for bank accounts.  What you may not know is that the IRS may also allow you to exclude one month's living expenses from the balance in your checking account at the time you submit your Offer in Compromise

If you'd like to know more about the IRS Offer in Compromise, check our website, then ...

read full article >>
Categories: Offer in Compromise
 
*
*

Blog Articles

Our Specialties

  • Tax Debt Resolution / Tax Relief
  • Offer in Compromise / IRS Settlement
  • IRS Penalty Abatement and Relief
  • Installment Agreement / Monthly Payment Plan
  • Tax Lien, Levy and Garnishment Removal
  • IRS Lien Subordination, Withdrawal, Discharge
  • Enrolled Agents / Tax Debt Specialists

Fresh Start Tax Relief LLC, Taxes - Consultants & Representatives, Chicago, IL

Stay In Touch


follow us on Facebook learn about us on LinkedIn follow us on Google+ follow us on Twitter review us on Yelp