July 17, 2020

Los Angeles, California Unfiled Back Returns

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Los Angeles, California Unfiled Back Returns

The tax professionals at Legacy Tax & Resolution Services have been routinely saving our client’s paychecks, bank accounts and Social Security benefits for more than a decade. Based out of Phoenix, Arizona with offices throughout the country including Los Angeles, California, we provide valuable IRS tax debt help at a very affordable fee.

IRS wage garnishment and IRS Levies can be stopped, released and removed in one business day if done properly. The IRS utilizes one of the most lethal weapons the IRS has, a wage garnishment or levy, to bring a taxpayer into compliance. There are several ways to have the levy or garnishment released.

Are You in Compliance?

The first thing that has to be check is to determine if you are in compliance with the IRS. Being in compliance means that all outstanding and missing tax returns for every year have been filed with the IRS. These returns include 1040’s, 1099’s, quarterly estimated tax payments, Form 940/941’s, depending on the particular situation of the taxpayer.

The way to determine compliance with IRS regulations is to immediately contact the IRS upon receipt notice of an IRS garnishment or levy. Be advised that you need to be extremely cautious here (the IRS is not your “friend”). Before the IRS will give you any information regarding your compliance, they will interrogate you, trying to find out what bank accounts you have, what other incomes you have and the assets you own. This is all in an effort to gather the information to efficiently collect the debt. This is one of the main reasons why a Certified Tax Resolution Specialist should contact the IRS on behalf instead of the financially struggling taxpayer. An IRS Tax Attorney or Certified Tax Resolution Specialist does not have to release that personal information to the IRS. Our goal would be to determine if the taxpayer is in compliance with the IRS.

Everything is determined by having a conversation with the agents at automated collections system (ACS) and reviewing the IRS transcripts. The only way to be brought into compliance is by filing all required returns. Depending on what the IRS and transcripts have to say, you may have to file 6 years’ worth of unfiled returns or they may even have to go back to the last time you filed.

If there are compliance issues, the IRS will inform the certified tax resolution specialist or the taxpayer what taxes must be filed. It is important to prepare these taxes immediately, but not to mail them in. They need to be faxed to the IRS so they are acknowledged by the IRS immediately and the processing of these returns can start within hours, not weeks or months. Normally, the IRS will not release the wage garnishment until the tax returns are at least submitted for processing.

The IRS has many years of experience in squeezing uninformed taxpayers and the IRS knows that in 90% of the cases, the wage garnishment or IRS levy is a hardship on the taxpayer, and the proper procedure, after submitting these financials, the IRS should release the wage garnishment within hours. Unfortunately, some taxpayers try to perform this procedure by themselves. Without an experienced certified tax resolution specialist involved, the IRS will simply drag their feet and prolongs the taxpayer’s agony as a result of the taxpayer’s prior non-response.

THAT’S WHY YOU NEED TO CALL Legacy Tax & Resolution Services – 855-829-5877

Can Return Preparation be Expedited?

If necessary, the tax return preparation department at Legacy Tax Resolution Services can expedite the preparation of your tax returns. The IRS transcripts are the key to preparing accurate returns that will not result in additional notices.

Once in Compliance, Determine the Best Resolution Option

Once it is determined that a taxpayer is in compliance, the next step would be to complete the financial analysis to determine the best resolution option(s). A taxpayer will either need to enter into an Installment Agreement, be declared to be Currently not Collectible (CNC) or file an Offer in Compromise settlement (OIC) to stop the wage garnishment or bank levy.

Should the financially struggling taxpayer owe more than $25,000, the IRS will request the taxpayer financial information in order to determine how much, if anything, the taxpayer can afford to pay towards the entire income tax liability. If your file is being handled in the automated collections division, an IRS 433F form (a simplified Collection Information Statement) has to be prepared and submitted along with supporting documentation. If the file is with an IRS Revenue Officer, an IRS 433A form (a detailed Collection Information Statement) has to be prepared and filed with the Revenue Officer, along with the supporting documentation.

WHEN YOU NEED THE BEST IRS INCOME TAX REPRESENTATION
GO WITH THE BEST

LEGACY TAX & RESOLUTION SERVICES, LLC

1-855-829-5877

https://www.LegacyTaxResolutionServices.com

Exteme Hardship Relief

VERY, VERY IMPORTANT: There is a second method of having an IRS wage garnishment or IRS levy stopped, removed and released. Our IRS Tax Attorney or Certified Tax Resolution Specialist will initiate procedures to prove to the IRS that this IRS wage garnishment is a true and immediate hardship to the taxpayer. An example of a hardship is the taxpayer not being able to meet their needs for housing, transportation or food expenses; i.e. if your electricity is about to be disconnected. Another example would be if you are in possession of an eviction or foreclosure notice due to non-payment, the would be another example of an extreme hardship. applies.

Asking the IRS to release the wage levy based on these circumstances is a very difficult task because the IRS is receiving nothing toward the payment of the tax debt. Under these circumstances we would request a Currently Not Collectible status. While this is not going to be an easy fight, IRS is supposed to follow specific procedures under these Circumstances. Most taxpayers find it very difficult to receive relief without the assistance of a Certified Tax Resolution Specialist.

LEGACY TAX & RESOLUTION SERVICES, LLC

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