DO YOU NEED TAX HELP?

IF THE IRS IS A THREAT TO YOU...

...YOU MUST ACT IMMEDIATELY

THE IRS CAN HURT YOU BADLY IF YOU DO NOT KNOW WHAT TO DO NOW!

If you, a friend, a relative or associate, has a liability to the IRS and have been threatened with a tax lien, levy of property or bank account seizure, you need to read this carefully.  This is especially true if you are not fully compliant in filling - you need tax help!  You must be in current filing compliance.

IF YOU QUALIFY FOR AN OFFER IN COMPROMISE THE UNITED STATES GOVERNMENT IS PREPARED TO FORGIVE A MAJOR PART OF YOUR DEBT

Yes, you like tens of thousands of others, may be able to repay your entire liability with the Internal Revenue Service for a few cents on the dollar.  However, it is not an easy process and the IRS has put many roadblocks in the way of a successful offer resolution

My name is Jerome Stoll and I've been assisting my clients with tax problems since 1985.  I have clients throughout the United States.  I can be reached at 949-250-5888, or by email, Jerome@NatTaxBA.com and would be happy to discuss your specific problem with you.  My telephone, e-mail and in-office tax help consultations are free of charge.

If you have an audit problem with the State, or the Internal Revenue Service,
you need our professional assistance.  Do not attempt to resolve it yourself!

If anyone tells you that this process is simple or easy, it is not.  The IRS has recently changed its rules and made the offer process very complicated.  I guarantee my offers.  If your offer will not work because of these rule changes, I will not file it for you.  Beware of those who make outlandish claims.  If in doubt, go on the web, put in the word ‘law suit’ and then the name of the company you are thinking of using.  Check them out!

REQUIREMENTS:

The First Requirement

CURRENT COMPLIANCE
(A MUST read if you have a business)

You must have all your returns filed [if you have outstanding returns, I can file them for you].  If you are a W-2 taxpayer, you must be withholding enough to satisfy the end year debt to the Internal Revenue Service If you are a business and do a Schedule C, you must have paid at least the last two 1040 ES vouchers.  If you're problem is withholding tax for your employees, you must be current in your filing and payments.

In all cases, you must agree to file on time and pay on time for the next five years.

The Second Requirement
NET EQUITY IN ASSETS

The IRS divides assets into two types.

Intangible Assets:  This includes cash in bank, cash value of life insurance, retirement plans that can be removed even if penalty for early withdrawal.  It can even include debts owed to you in the future like trusts, wills or estates [that are in your control now].

Tangible Assets: These generally include your home, car, boat or plane.  The biggest change in Offers in Compromise over the last year, have been in relation to Net Equity in Assets.  The IRS used to say that 20% of the value of tangible assets could be removed for offer purposes.  That means if you own a house worth $200,000, they would not count 20% or $40,000 of the house value.  They call this Quick Sale Value.  Today, each regional office of the IRS has their own standards and they change with conditions of the local economy.  For example, in Southern California there is zero quick sale value, so any equity in your house is counted toward your offer amount.  In certain other sections of the United States, it's still 20% and in other sections it's 10%.  Since this is a local issue, I will need to check with your local regional center to see what Quick Sale Value we can use in your case.

No Assets: Of course if you do not own a home, or have much equity in your car or your liability is large; these changes may not affect you.

YOU CAN FILE FOR AN OFFER IN COMPROMISE FOR THREE REASONS

#1 DOUBT AS TO LIABILITY
The IRS is billing you for tax you do not owe.

#2 DOUBT AS TO COLLECTABILITY
You owe the tax but the IRS can't collect it because you have insufficient assets and/or income to pay it.

#3 EFFECTIVE TAX ADMINISTRATION
You owe the tax and have the money or sufficient assets to pay it, but due to exceptional circumstances, requiring full pay would cause an economic hardship or would be unfair and inequitable.

I can assist you with your tax help - regardless of where you live.  The IRS is everywhere.  I have successfully completed Offers in Hilo, Hawaii; Des Moines, Iowa; Seattle, Washington; Phoenix, Arizona; Las Vegas, Nevada, Miami Beach, Florida, Olathe, Kansas - and many other locations.

I know the IRS and this process well.  Accountants and other professionals have learned how to do offers by reading my tutorial, "OFFER IN COMPROMISE FOR TAX PROFESSIONALS."

Owing the IRS is dangerous...  I can help you resolve the problem, but you have to take the first step!  Give me a call at  949-250-5888...  TODAY!

IN CALIFORNIA AND NEED TAX HELP?

While I have clients all over the Country, I am physically located here in Newport Beach.  My address is 4340 Campus Drive, Suite 215 - next to the John Wayne Airport [Orange County Airport (SNA)] here in Orange County.  My in-office consultations are free of charge and I welcome guests without cost or obligation to discuss any number of tax and/or business problems.  Feel free to call me at 949-250-5888 for an appointment.

WHAT IF I DO NOT QUALIFY FOR AN OFFER?

If you do not qualify for an offer, you have a number of options. 

We would make a determination as to your collect-ability.  There is an old saying that applies here.  You can’t soak blood out of a turnip.  If you are uncollectible, we would see that the IRS puts you on uncollectible status.  The IRS has ten years to collect from you but the formula for figuring the  ten year Statute of Limitations is complicated and the IRS does not want to share that information with you for obvious reasons, but we can find out for you. 

Everyone’s situation is different.  We can help you figure out just were you stand in terms of a payment arrangement or your un-collect-ability and work with you so you can take the correct steps in your unique situation.  However, that requires you to take the first step by contacting me.  I’ve made that easy. Just click 'Ask a Tax Question' below.

Each State has its own rules for compliance, offers and collection.  You can find your State tax agency in the Links section below for more information. 

*Federal Law makes it a felony for me to share your private tax information. It is totally confidential.

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