Hello and Happy New Year to you and yours from Premier Tax,

I’m sure you’ve made some New Year Resolutions this past week to resolve some past burdens that has been weighing heavy on your mind of which your tax debt is probably one of them.The purpose of this e-mail is to follow up from you coming to our site last year in need of some tax help & let you know we are still here and ready to help you get back on track with your IRS and/or State tax liability. You had visited our site sometime back but we have still yet to resolve this issue for you. Wouldn’t you finally like “not” to lose any more sleep over this or relieve yourself of any fear of any levies and garnishments against your wages or bank account?

You’ve been dealing with these issues for probably years now but haven’t dedicated the time needed to truly put this behind you. What we propose is you giving this burden to us completely and let our 40 years of professional experience resolve this matter for you.
Over this past year we feel blessed to have helped hundreds of our clients reduce their overall tax debt, stop wage levies and remove liens fast so they can go back to living a normal life and we’d like to do the same for you. We remain a member with the Better Business Bureau and we still don’t have any complaints to date and if you want a company profile, you have the ability to go to Dun and Bradstreet to know you are dealing with a company of integrity and level of excellence compared to none. Check us out for yourself.

To be honest, most of our clients have fallen behind in their taxes because of procrastination or putting off everything till the last moment but as you can see now, that brings about more penalties and interest than it’s worth. You’ve put off the problem for way too long already, isn’t it about time you grab the reins on this and get it under control because believe it or not, it can get worse.

Listen, you know that this can’t be put off much longer so we’re here to help you get a handle on this because it is only a matter of time before it gets a handle on you if you keep pushing this off. Believe us, we should know! Unfortunately, the longer you put this off, the worst it gets. It’s time for you to get proactive about handling this issue. Take the next step!!

THE NEXT STEP

Call us. I am confident that after you hire us, WE CAN HELP guide you through the I.R.S maze and save you thousands of dollars. We look forward to working with you and getting your life back on track!!!

The I.R.S. has given you the ability for a second chance. ….take advantage of it!

“When you are truly ready to handle this business and take control of this life-altering, possibly life shattering menace, give us a call. We can help. At Premier Tax Resolutions we can save you thousands of dollars and give you piece of mind.. .. All at the same time”

www.premiertaxresolutions.com

Premier Tax Resolutions, 2127 Olympic Pkwy, Suite 1006-202 Chula Vista, CA 91915, USA

Wage Levy is also known as wage garnishment; it involves the process of deducting money from an employee’s assets such as his or her wage. The garnishment is imposed on a third party that has power over the taxpayer’s wage. A certain percentage from the employee’s wage will then be used to pay off his or her tax delinquencies.

A salary levy is issued when a taxpayer refuses to take care of tax delinquencies and a court order gets issued as a consequence. However, this is the IRS’ last resort; it happens when the agency has exhausted all means to convince the taxpayer to pay. As has been mentioned, there is a ceiling on how much the IRS can seize — in the United States, garnishments are mostly limited by federal law to 25% of an employee’s disposable income.

A salary levy is taken as a part of the payroll process and affects future paychecks. (Salary and wages include bonuses, fees, and commissions.) The levy of wages will continue until arrangements have been made to pay off the debts or until the entire debt is paid. Compared to other levies, they are only attached on properties and rights to property that exist when the levy is served. For example, if a levy is placed on a bank account, it only reaches the money in the account when the levy is served. It does not affect the money that is deposited later.

The IRS can withhold wages more than $3.83 per hour for a single employee with no dependents. This is below the minimum wage and the taxpayer is obligated for income tax on the full amount withheld and paid.

Having a wage levy could affect your reputation, credit rating and the ability to open a bank account and receive a loan. So stop your Wage Levy with Premier Tax Resolutions and SETTLE your tax debt now. Just fill out a form and a Tax Resolution Consultant will get back to you for free, no obligation consultation. Call us now at our toll free number 1.800.554.0146 and start settling your debt today.

An Offer in Compromise (OIC) is an agreement of settlement between a taxpayer and the Internal Revenue Service (IRS) that resolves the taxpayers’s tax liability. The IRS has the authority to settle or compromise federal tax liabilities by accepting less than full payment under certain circumstances. The IRS may legally compromise for one of the following three reasons.

Doubt as to Collectibility:

Doubt if the full amount of the liability will be paid based on present and/or future assets and income. The minimum offer amount must generally be equal to (or greater than) the taxpayer’s reasonable collection potential (RCP). The RCP is defined as the total of the taxpayers’s realizable value in real and personal assets, plus his/her future income.

Note: Unless the taxpayer files an OIC claiming special circumstances, the offered amount must equal or exceed the reasonable collection potential. Realizable value is the asset’s quick sale value (amount which could be reasonably expected through the sale of the asset) minus what the taxpayer owes to a secured creditor.

Doubt as to Liability:

Doubt exist that the assessed tax is correct. (Examples: Innocent Spouse, Social Security was stolen and used by someone else)

Effective Tax Administration:

There is no doubt that the tax is correct and no doubt that the amount owed could be collected in full, but exceptional circumstances exist such that collection of the full amount would create economic hardship or where compelling public policy or equity considerations provide sufficient basis for compromise. The taxpayer bears the burden of proof to show their OIC qualifies for public policy or equity considerations. They must show that their circumstances are compelling enough to justify acceptance of their OIC compared to other taxpayers in similar circumstances. (Example: Elderly couple with equity in the home living on Social Security Disability with no other means of income)

Let Premier Tax Resolutions help you SETTLE your tax debt and END your tax problems now, fill out the form and an experienced Tax Resolution Consultant will contact you for a FREE, confidential consultation or call us now toll free at 1.800.554.0146.

There is no obligation, so what are you waiting for, settle your tax debt today!

I guess this is the most asked question and rightfully so because to qualify could make the difference of paying what IRS claims you owe and saving you thousands of dollars. The national average of acceptance of an Offer ranges any where from 13%-15% which means a savings of up to 87% off of what you owe to the IRS! That is the greatest thing since sliced bread but they don’t make it easy either. One the first things that factor into you qualifying is your debt to income ratio, in other words, they take the total (gross) monthly income of the household then they look at the monthly expenses which does not include all bills that come in monthly. They must be ones that are necessary for the health and welfare of you or your family or for the production of income.

In other words, items such as cable or Internet will not count unless you can prove that it is a necessity for your livelihood and/or needed for your business, otherwise it is counted as a “luxury”. Your credit cards bills also will not count because IRS believes that they should be first on the food chain and is not counted because it is counted as a unsecured debt. Hold on, there are more things that won’t count like tuition for private schools, public or private college expenses, charitable contributions, deposits to 401(k) plans, etc. etc. Check with a tax professional to ask the right questions to see what expenses that you may have that the IRS has deemed as “acceptable”. But in a nutshell, rent or mortgage, food and clothing, car payments, child support, the taxes on your income, medical insurance and co-pays for medication and/or visits to the doctor, utilities, child care, any court mandated costs and business expenses are solid expenses, anything else would depend individually.

Please note this, to qualify for an “offer”, you will have to prove your income as well as your expenses, you word will not be enough! There are other factors as well like if you have any liquid assets like stocks, bonds, 401ks, land, property (other the one you’re living in). You can have a house and still qualify but it need to have very little or no equity for you to qualify. Bottom-line, if you are living check to check and barely getting by and can prove that, there is a very good chance you will qualify for an “offer”. It is advisable to talk with a tax professional because within 30 minutes he should be able to tell you if you qualify or not unless there are are things that you didn’t mention or neglected to inform him during the consultation so be honest.

Tax Resolutions firms such as Premier Tax Resolutions do not work for the IRS, we work for you, therefore it is our job to get the best “offer” possible. And also know that the final word comes from the IRS regardless of the result. It is a lot like being charged with murder; you know you will not represent yourself, you will need a firm with the expertise and experience to give you a better chance of winning, to present your case fully and thoroughly but in the end, it is the judge or the jury that has the last word so make sure you give that firm all the correct and accurate information that is needed to “win” and save you thousands and finally give you some piece of mind. Stop losing sleep over that tax debt and final do something about it.