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  • Stop IRS Collections now – Status 53 or Currently Not Collectible (CNC)

    Thursday 04th of August 2011 2:15:51 AM


    Status 53 or Currently Not Collectible (CNC) is a solid option to Stop IRS Collections.

    Were you aware that the IRS cannot pressure you to agree to an unaffordable payment plan that will prevent you from affording necessary living expenses. Most people are not aware of this and get scared into entering an unaffordable payment plan only to eventually default. If you simply cannot afford to pay the IRS and cover your living expenses, you will likely qualify for Status 53 / Currently Not Collectible (CNC) status.

    Acceptable Living Expenses: National standards calculated by zip codes

    • Rent/Mortgage Payments
    • Food Expenses
    • Utilities
    • Gas/Transportation
    • Medical Bills/Expenses
    • Basic Clothing

    Please note – certain expenses are not recognized by the IRS when evaluating if you qualify. Expenses such as private school tuition, gym memberships, credit card payments and other “luxuries” will not be considered. If your expenses exceed the National Standards and they are justified, you can still qualify.

    Qualifying Factors!

    • Illness in the household has created a financial h
    • You are relying on Social Security or Welfare Income
    • You have become or been unemployed and having trouble finding work

    Status 53 is Temporary (unless your situation does not change)

    If your financial situation changes your tax case will be reactivated.

  • IRS Wage Garnishments – You Have Rights!

    Thursday 04th of August 2011 1:53:28 AM


    Would you be able to live off of $179 per week if the IRS garnishes your wages?

    Wage Garnishments are scary and can be devastating both financially and emotionally, that’s why you need to understand what you can do to stop or prevent wage garnishments and bank levies.

    Pay Attention.

    Now, it is important to note that before the IRS can garnish your wages they are required to notify the taxpayer of their future actions against you by sending the taxpayer a series of IRS collections letters, these are not love letters. The letters the IRS sends are Notices of Intent to Levy on Wages leading to the final which is the Final Notice of Intent to Levy Wages. If or when you receive this letter, things are about to get bad if you don’t take immediate action.

    If you have received any of these IRS letters (or already getting garnished) it is in your best interest to figure out what your options are immediately so you can take the necessary steps to stop or release a IRS Wage Garnishment. Keep in mind, if you have a business they can levy your account receivables as well. Thinking about what to do is not a good option here, taking action is a must. Being proactive makes it easier to prevent & cure IRS collection actions. Normally, you will receive the final Notice of Intent to Levy by certified mail, never good to receive certified mail from the IRS.

    So, if you do not take action when you receive the first collections letter, the IRS sends additional letters leading to the IRS Final Notice of Intent to Levy on Wages. This letter is serious and demands IMMEDIATE attention or the IRS WILL garnish your wages, AGAIN THE IRS WILL GARNISH YOUR WAGES AND OR LEVY BANK ACCOUNTS . Again, scary stuff but it can all be dealt with if you understand your rights as a tax payer.

    A couple of additional things to keep in mind if you have a tax issue or looking to prevent a tax issue. It is not illegal to owe the IRS however, it is illegal not to file. Being identified as a non-filer with the IRS is very serious. Remember, even if you are going to owe money and cannot pay it, still file your taxes.

    Do not face your tax issues without understanding your rights and the options available to you. Navigating a tax issue can be a very slippery slope, knowledge is power.

    911 Tax Relief understands how to lift and prevent collection action. If you have questions, talk to one of our tax practitioners today.

  • Tax Toubles 101!

    Tuesday 02nd of August 2011 11:43:46 PM


    So, if you have a tax issue with the IRS, State or both you are not alone. In fact 1 in 10 people have a tax problem in the United States today. The most important thing I always tell my clients is to take a deep breath, there is a solution for all tax issues. Now, the solution will vary, there is not a cookie cutter solution for all. Many things need to be considered when dealing with a tax problem and here at 911 Tax Relief, we take the time to get the details before explaining your options.

    The main thing to remember if you find yourself in trouble with the IRS, State or both is to not freak out and start talking to a tax representation firm immediately. The absolute worst thing you can do is ignore the issue, this will only lead to aggressive collection actions.

    The first step in resolving a tax issue with the IRS / State is to understand what your options are and the possible consequences for not dealing with it. Too many times I have clients frantically calling me because they have procrastinated dealing with their tax issues and now they are suffering the consequences. Their bank account was just levied, they are getting garnished, a revenue officer showed up to their job etc. All of these issues are 100% avoidable if you do the responsible thing and deal with the problem. You might be surprised what you qualify for.

    You have the right to representation however, it is up to you to exercise your rights. Taxes are very complicated, confusing and technical, this is why it makes sense to consult a tax representation firm.

  • Unfiled Tax Returns

    Tuesday 02nd of August 2011 11:34:58 PM


    Remember, it is not illegal to owe the IRS money (unless there is fraud involved) but it is illegal not to file. Even if you owe money and cannot pay, it is in your best interest to file timely. This can help limit the statutory additions such as, failure to file & failure to pay penalties.

    If you have 2 or more years of tax returns that need to be filed, it is best to hire a firm that specializes and understands filing back taxes. There are no shortcuts when dealing with filing your taxes. Furthermore, the longer you procrastinate, the higher the risk of having the IRS file substitute returns which can create a large tax debt. If that happens, which will eventually happen, collections are next. All this is easily avoidable by taking action and dealing with your unfiled returns immediately.

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