Regular Post
Written by Scott Allen

Settle IRS Debt in Mesa AZ with a payment plan

What are your options to settle IRS debt in Mesa AZ?

There are many options to settle IRS debt in Mesa AZ. For Stephen is was negotiation a payment plan on his six years of back tax returns. For you it could also be a monthly payment plan, a currently non collectible status, an offer in compromise, or discharging your taxes in a bankruptcy.  Not everyone can pick and choose what option they qualify for. In most cases a detailed analysis of income, assets, expenses, and debts has to be evaluated first. Tax Debt Advisors of Mesa AZ is a company that specialized in assisting taxpayers with these matters. In addition, if you are behind on the preparation of your taxes they can help with that as well.

See Stephen’s approval letter from the IRS yourself by clicking on the image below.  As long as he keeps himself in compliance with his future tax obligations the IRS will keep in on this installment arrangement.

Settle IRS Debt in Mesa AZ

Settle IRS Debt in Mesa AZ

Pick up the phone and speak with Scott Allen EA of Tax Debt Advisors. He will put your mind as ease by getting you on track to resolve your tax matter whether large or small.

 

Settle IRS Debt in Mesa AZ in 2019

Consider what Jennifer did. She settled her IRS debt with an aggressive payment plan. Her seven years of IRS debt was settled in a low monthly payment plan of only $100/month. View the IRS approval letter below.

Settle IRS Debt in Mesa AZ

You too can settle IRS Debt in Mesa AZ by calling Scott Allen EA. Jennifer came in to see Scott already current with her tax filings but if you are behind on any years he can assist in that phase of the work as well. Tax Debt Advisors has been saving US Taxpayers from the burden of the IRS since 1977. Get it done right the first time and meet with Scott Allen EA for a free initial consultation. He will explain the process to you in a clear and understanding manner.

IRS Problems, IRS Tax Payment Plan, Tax Debt Advisors Reviews
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Written by Scott Allen

IRS Fresh Start Program Qualifications

If you are curious about the qualifications for the IRS Fresh Start Program and if you qualify, this post should help!

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The IRS fresh start program qualifications include:

  • You must have been unemployed for 30 consecutive days in 2011 or before April 15, 2012
  • Married couples filing together must have at least one partner who qualifies for the Fresh Start program
  • Your tax balance must be less than $50,000 at the end of 2011
  • If you are self-employed you must show a decrease of 25% or more in net income
  • Married couples must not have earned over $200,000 or individuals must not have earned over $100,000 for the year
  • According to IRS.gov taxpayers must use Form 1127, Application for Extension of Time for Payment of Tax Due to Undue Hardship

Benefits of the Fresh Start Program

According to H&R Block these are three of the most important benefits of the fresh start program:

  • In most cases tax liens will only be issued if the amount exceeds $10,000.
  • Individuals are able to spread out $50,000 or less with direct installment payments over 6 years (72 months).
  • Taxpayers have expanded flexibility with Offer in Compromise (OIC) to determine a tax payer’s ability to pay.

Learn more about the IRS Fresh Start Program

Tax Debt Advisors Can Help With The Fresh Start Program In Arizona

Need help with wiping out your old tax debt? Tax Debt Advisors has helped resolve over 108,000 debts. Receive a tax debt consultation today by giving Scott a call today at 480-926-9300. Tax Debt Advisors can help negotiate an offer in compromise on your behalf to finally settle your tax debt.

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BACK TAX RETURNS, Tax Debt
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Written by Scott Allen

Does the IRS Offer One Time Forgiveness?

Does the IRS Offer One Time Forgiveness?

IRS One Time Forgiveness

Yes, the IRS does offers one time forgiveness, also known as an offer in compromise, the IRS’s debt relief program. Have tax debt and wondering if one time forgiveness can help? If so, this post should help! Read below about programs the IRS has to help resolve your tax debt and what Tax Debt Advisors can do to help you get it done easily.

Does The IRS Offer A Tax Debt Relief Program?

The short answer is “Yes“! At any given time, there are nearly 1 million U.S taxpayers that owe the IRS. Although the IRS attempts to collect every cent that taxpayers owe the government, the reality is that they just do not have the resources for pursuing every individual person in debt. However, IRS collections remains a very stressful situation.

The IRS has tax debt relief programs, like the Fresh Start Program, available that taxpayers can take advantage of when owing back taxes. These programs not only provide a little help towards taxpayers, but it lightens the IRS’s workload. You may not be required to pay the entire amount owed, good news right?

Tax Debt Forgiveness

There are commercials that come on late at night promising to get you out of debt with tax debt forgiveness, even when thousands are owed to the IRS. Although, the reality is there is no straight debt forgiveness program.

Although, depending on the criteria of your situation you may be able to wipe your tax debt, set up an offer in compromise or payback with an installment agreement. For instance, by law the IRS is unable to collect a debt older than 10 years. Therefore, if your tax debt is from over 10 years ago, it should be forgiven, as the government is not legally able to collect the debt.

In addition, the IRS typically does not collect a debt with a low Realistic Collection Potential (RCP). An account is stated to have low RCP if the following factors are true:

  • Low income amount
  • No way to make payments
  • No assets that can be sized or liquidated, such as real estate or bank accounts

If any of the above criteria are met, you may find that your account is marked RCP. Although this is not technically a debt forgiveness, the IRS simply does not attempt to collect the debt owed, usually.

Also, the Non-Collectable Status restricts the IRS from collecting a debt, similar to the RCP. What this means is, you do not have the assets or money available to pay the debt. This program was designed with the concept of providing taxpayers enough time to earn the money or get a higher income to pay on the debt.

Can The IRS Collect After 10 Years?

“No“, once a non-collectible account reaches the 10-year mark, the debt can’t be collected. In some situations non-collectible status collides with the amount of time the IRS is able to legally collect the debt. Therefore, once a Non-Collectable account reaches the 10-year mark, the debt can no longer be demanded by the IRS.

Finally, when a taxpayer files for Chapter 7 bankruptcy, the IRS is unable to pursue a debt collection against the individual. Although rare, there are situations where bankruptcy allows for tax debt forgiveness.

The IRS cannot make contact with you or try to collect on a debt during a pending case. If a court rules a tax debt has to be forgiven, the IRS is no longer able to pursue future action against the past tax debt.

What Is The Fresh Start Program With The IRS?

The Fresh Start Program is a collection alternative that allows individuals and businesses, in most cases, to settle their tax debt for less than they owe. This makes it easier for back tax payers to settle their tax debt and get a fresh start. Although, the required criteria to get debt fully erased can be very time consuming and stringent. For those wanting to settle debts in a timelier manner, the IRS’ Fresh Start Program is an option.

Under the Fresh Start Program, the Partial Payment Installment Agreement option is the most used. With the PPIA you are allowed to setup an affordable payment plan for your account, which runs until the debt is fully paid or the debt account has reached the 10-year mark.

IRS Fresh Start Program Qualifications

  • Must be unemployed for 30 consecutive days
  • If you are filing a joint return, you/spouse must meet 1 of the qualifications
  • Self-employed individuals with a drop in income of 25% or more
  • Tax debt must be less than $50,000

Read more about IRS Fresh Start Qualifications

Offer In Compromise Allows To Negotiate With The IRS

Another option you may also choose to pursue an Offer in Compromise, which enables you to settle a debt. The following factors are used to determine if an account qualifies:

  • Are in compliance with IRS
  • Owe new debt
  • Cannot or have no intention to file for Chapter 7 bankruptcy
  • Never turned down for OIC before

You can use the IRS website to file for an Offer In Compromise, or have a tax professional like Tax Debt Advisors assist you with the process. You can check the IRS website to see if your qualify for OIC. 

The IRS acknowledges that they are unable to collect every amount of a delinquent account, with nearly a million taxpayers owing a debt. You have the potential for having your debt reduced, or possibly erased with one of the several debt relief programs available.

Installment Agreements Allow You To Set Up A Payment Plan

Most of the time the IRS will allow you to set up an installment agreement in order to pay back your tax debt over time. The terms of your payback agreement are determined by your budget to pay each month, how much you own and your previous filing history. 

Before you accept any repayment plan, make sure that you can afford to pay it on time, every time. Late payments or missing payments can get your agreement canceled and you will have to start over again. You can only get installment agreement if you own less than $50,000 in 2017 and the maximum payback period is 6 years. 

IRS Fresh Start Program Reviews

Scott Allen at Tax Debt Advisors Inc. has successfully represented me for the last 5 years. He has completely held the IRS off and successfully negotiated on my behalf. He is also done my tax returns at a very reasonable price saving me even more money. I highly recommend Scott and his highly capable staff! Bob R

Scott Allen is a true professional that can work for you to resolve your tax issues with integrity, knowledge and experience. I came to Scott after working for years with other tax professionals and listening way too much to the advice of family and acquaintances. During my initial meeting with Scott we were able to establish a plan to effectively resolve the tax debt that I had. Scott treated me with respect and understanding of my situation while detailing what works versus the falsehoods so many profess. Scott also performed within the time frame that I required. I am so satisfied with Scott’s work that he now handles all of my annual tax returns going forward. Robert M

Have Your Debt Reduced Today With Tax Debt Advisors

Need help with wiping out your old tax debt? Tax Debt Advisors has helped resolve over 108,000 debts. Receive a tax debt consultation today by giving Scott a call today at 480-926-9300. Tax Debt Advisors can help negotiate an offer in compromise on your behalf to finally settle your tax debt. 

BACK TAX RETURNS, Income Tax Preparation, IRS Appeals, IRS Problems, IRS Tax Attorney, IRS Tax Audits, IRS Tax lien problems, IRS Tax Payment Plan, IRS Wage Garnishment, Offer In Compromise, Tax Bankruptcy, Tax Levy, Unfiled Tax Returns
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Regular Post
Written by Scott Allen

Read this IRS settlement in Phoenix AZ

Get your IRS settlement in Phoenix AZ before you get levied.

Krysta was a Phoenix AZ taxpayer who was behind on her tax filings.  As a long distance truck driver she was rarely in town let alone with time to do her taxes.  She missed one year and before she knew it she was several years behind. Krysta was so far behind she did not know where to begin until she met with Scott Allen EA of Tax Debt Advisors, Inc.  As you can see by clicking on the image below Scott Allen EA was able to save Krysta $36,000 on her 2009 tax return.

IRS settlement in Phoenix AZ

IRS settlement in Phoenix AZ

Many people are unaware but the IRS has the legal right to file tax returns for a taxpayer if he or she doesn’t. This was the case for Krysta.  Due to not filing her 2009 tax return the IRS did so resulting in a $37,000 tax bill that the IRS was threatening to levy her income to pay it.  Upon meeting with Scott and using him as her IRS power of attorney he was able to properly represent her before the Internal Revenue Service and put a stop to further negative damage.  Over the next several weeks Scott Allen EA assisted Krysta in the tax preparation process.  They are currently working on an IRS settlement in Phoenix AZ.  Now that her 2009 and other tax returns have been filed a settlement is currently being negotiated on the reduced debt.

Don’t let the IRS be in the drivers seat with you taxes any longer. Contact Scott Allen EA today to schedule a free evaluation of your IRS problem.  Whether you have back tax returns that need to be filed or not Scott Allen EA can represent you from beginning to end.

480-926-9300

 

2019 and still getting IRS Settlement in Phoenix AZ

Stephen had the IRS coming after him for tax for tax debt that was eight years old. He never filed his 2010 return so the IRS did it for him generating a LARGE IRS debt that was not accurate. Upon meeting with Scott Allen EA it was decided to protest the IRS tax return. Go ahead and check out the notice below and see how he saved his client over $39,000 in tax debt.

IRS Settlement in Phoenix AZ

Are you behind on your taxes or owe more then you can pay back? If so, meet with Scott Allen EA today. He will represent you as Power of Attorney and will put your mind as ease.

IRS Levy, IRS Problems, Tax Debt Advisors Reviews, Unfiled Tax Returns
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Regular Post
Written by Scott Allen

How To File Back Taxes

How To File Back Taxes

Looking to file back taxes? The correct way to file back taxes is by:

  1. Gather your W-2’s or 1099’s

To file back taxes, the first thing you’ll need are your 1099’s or W-2’s you received from prior tax years so you can report your taxable income. Were you eligible for deductions and credits during those years? If so, be sure to gather all records and receipts to prove your eligibility to receive them.

  1. Request missing tax documents

Request a copy of your missing tax documents from the IRS (if you need them). Tax documents can be requested by filling out a Request for Transcript of Tax Return, also known as Form 4506T. Use Form 4506T to request 1098s, 1099s, and W-2s that can provide support for your deductions.

The IRS will provide a transcript of relevant information vs sending you an actual duplicate of your original tax forms. However, the transcript will provide enough information for you to file your back taxes properly. It takes about 45 days for the IRS to process a request for prior year tax documents.

  1. Download Tax Forms from Prior Year

Download tax forms for the years you are filing. The IRS website will have nearly all tax forms you will need to begin filing prior year tax returns. You can always consult an Enrolled Agent like Scott Allen to help you file back taxes, find the right forms, and negotiate your tax burden (if needed) with the IRS.

  1. Prepare Back Tax Returns

This is where filing back taxes can get a little tricky due to the tax law changing every year. You can’t use the current tax year instructions to complete prior year tax forms. While inputting data, make sure you are using instructions for the same tax year as the back tax return you are filing out. Using the wrong instructions could require you to have to do it all over again.

  1. Submit Your Back Taxes

Submit your back tax returns to the IRS using the address that will be listed in the Form 1040 instructions. To reduce interest charges, make sure you make as big of payment as you can. Monthly interest never stops accruing with back taxes. After the IRS has received your back tax returns, the next step will be receiving a notice from them with the exact tax penalty and how much interest you still owe.

IRS Back Taxes Help In Arizona

Scott Allen E.A. with Tax Debt Advisors can help you file back taxes in Phoenix, Mesa, Gilbert, Chandler, Scottsdale and more. Give Scott Allen E.A. a call today to help you settle your debt with the IRS.

BACK TAX RETURNS
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Regular Post
Written by Scott Allen

Phoenix AZ IRS tax attorney or not?

Did Dominic use a Phoenix AZ IRS tax attorney or an Enrolled Agent?

When faced with an IRS problem a taxpayer is faced with several different options.  First, how to begin?  Where to start? Who is out there to hire?

When first getting started to resolve an IRS matter its important to do so with 100% commitment.  If you are not you will only make the matter worse by beginning and not finishing. In seeing that process to competition its important to hire the right person who will take the time and skills to get that done.  Scott Allen EA of Tax Debt Advisors knows what needs to be done to make that happen.  As you can view in the notice below he was able to aggressively negotiate an IRS payment plan for his client to stop the wage garnishment.

Phoenix AZ IRS tax attorney

Phoenix AZ IRS tax attorney

Scott Allen EA would like you to consider him to be your first voice before the IRS.  He can be your IRS power of attorney and represent you fairly and aggressively.  Some people are under the assumption that only a Phoenix AZ IRS tax attorney can represent you.  Although they can assist you; its equally important to know that there may be a better alternative.  Scott Allen as an Enrolled Agent is specifically licensed and regulated by Circular 230 which grants him the ability to represent taxpayers before the IRS in matter of collections and audits.  It also licenses him to be a tax preparation professional and holds him to the highest standard of care for his clients.  This is all that Scott Allen EA does and this is what he would like to do for you.  Be sure the person you hire has experience in dealing with the IRS on a daily basis and doesn’t just do this work part time.  To be effective in keeping up with the latest trends and intricacies its necessary to be “all in” on IRS back tax problem work.

To read up more on the process or about Scott Allen EA view other areas of his website.

 

January 2019 Case Update:

Another accomplishment by Scott Allen EA. Myra had a handful of unfiled tax returns that she did not file. Several years ago the IRS caught that and filed substitute returns in her behalf. As you can see if you view the letter below…their number was much higher then our number. This is why its important to do a complete overview of anyone’s IRS account before filing any tax returns or negotiating any settlements. By preparing a corrected and accurate tax return the taxpayers saved over $50,000 in taxes, interest, and penalties. WOW!

Phoenix AZ IRS Tax Attorney

Most people are under the assumption that only an attorney can do this or fix that. That is not the case. Myra hired an Enrolled Agent by the name of Scott Allen. He was her IRS power of attorney and handled all tax matters for her. Stop delaying and call to speak with him today about your IRS nightmare.

IRS Problems, IRS Tax Attorney, IRS Wage Garnishment
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Regular Post
Written by Scott Allen

Our IRS Debt Settlement Phoenix

View our IRS Debt Settlement Phoenix

Let Tax Debt Advisors Inc negotiate your IRS Debt Settlement Phoenix.  Often times clients will meet with Scott Allen EA when they already have a settlement with the IRS in place.  They come in looking for other options.  When you meet with Scott Allen EA he will take a look at your current agreement and see if there is another solution better suited for you. Some of those other options could be: a payment plan, non-collectible status, Chapter 7 or 13 bankruptcy, audit reconsideration, or offer in compromise.

For their client Jason he was in a payment plan over $800 per month. After a complete evaluation we renegotiated the payment plan for only $245 per month. Jason was thrilled with the results.

IRS Debt Settlement Phoenix

IRS Debt Settlement Phoenix

Spend 30 minutes and see what Scott Allen EA can do for you. He will help you get the best possible IRS settlement allowable by law.

 

January 2019 Settlement update:

Bobby also needed an IRS Debt Settlement Phoenix. He asked and he received! He was drowning in back IRS tax debt and was able to hire Scott Allen EA to negotiate all into one Currently Non Collectible status. What a relief this was for Bobby. Now he can just focus on his current taxes and taking care of and raising his son. Check out the actual approved settlement letter below from the IRS.

IRS Debt Settlement Phoenix

Don’t let the IRS get you down any longer. Start sleeping better at night by taking care of your back tax debt and unfiled tax returns. If you are in the Phoenix Arizona area reach out to Scott Allen EA of Tax Debt Advisors, Inc.

IRS Appeals, IRS Problems, IRS Tax Attorney, IRS Tax Payment Plan, Tax Debt Advisors Reviews
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Regular Post
Written by Scott Allen

Reduce IRS Debt in Mesa AZ by Scott Allen EA

Mark was able to reduce IRS debt in Mesa AZ through audit reconsideration

Check out the notice below to see the work accomplished by Scott Allen EA of Tax Debt Advisors.  Scott was hired by the taxpayer to be his IRS power of attorney.  You will find Scott’s name listed right under the taxpayers name that is blacked out.  See what he was able to accomplish for Mark to reduce IRS debt in Mesa AZ.

Reduce IRS Debt in Mesa AZ

Reduce IRS Debt in Mesa AZ

There may be multiple ways to lower your tax burden to the IRS.  Most of the taxpayers who meet with Scott Allen EA have back tax returns that need to be filed.  His average clients has not filed in about 4-7 years.  The surest and most effective way to keep your tax debt as low as possible is to prepare and file your back tax returns aggressively and accurately.  The lower your overall tax bill is the less interest and penalties the IRS can charge you.

Before filing any back tax returns Scott Allen EA will be getting an IRS power of attorney to represent you from beginning to end.  With this authorization he will immediately get in contact with the IRS in your behalf.  Doing so will get him on board to put a stop to all collection activity and to gather up all the necessary information to aggressively and accurately file the missing tax returns.

Typically with unfiled tax returns you will begin with the earliest year first.  Start there and make your way up through 2015.  Once you are in compliance with your tax filings you can begin to work out an IRS agreement or settlement.  click here to see the different settlement options available to you.

If you are considering to hire a representative or firm that is out of state I caution you against that.  Don’t put your money and finances in the hands of an out of touch person who you cannot meet with face to face.  Local is always better…every time.

Thank you.

 

January 2019 Case Resolution:

Ever get a tax assessment from the IRS and have no clue how they can claim you owe more in tax then you had in income? If you have lost sleep over this you are not alone. The IRS has the ability to file tax returns if you fail to do so. They file these SFR returns if a return becomes delinquent beyond two years of the due date. Mike was a struggling taxpayer in this situation. He didn’t just have one delinquent but had over ten years of delinquent returns and the IRS filed SFR returns on him for seven of those years. Scott Allen EA had his work cut out for him on this case but was able to represent him as his IRS power of attorney and Reduce IRS debt Mesa AZ for him. Check out the amazing IRS notice below. This is just one crazy reduction of IRS debt, interest and penalty for one of his tax returns.

Reduce IRS Debt Mesa AZ

If you have a large IRS debt consider speaking with Scott Allen EA of Tax Debt Advisors for a consultation.

 

IRS Problems, IRS Tax Audits, Tax Debt Advisors Reviews, Unfiled Tax Returns
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