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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. Since the change of administrations, the process has gotten easier, so this is the time to act.

Jerome StollMy 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!

There are a lot of organizations advertising, mostly on talk radio that will try to scare you.  They make money on your fear.  You have little to fear unless you have engaged in fraud.  If in doubt, go on the web then 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. There are some major changes in the works about what is and is not a tangible asset and how it is going to be treated.  The only thing I am sure of is that it will be better for the tax payer than it was during the last administration.

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 will not affect you.  Don’t worry about them.

W-2 WAGE EARNERS:

If you take your wages, subtract tax and ordinary/necessary living expense and your bottom line comes out to zero or below, this is not a problem for you.

1099 SOLE PROPRIETORS:

If you take your income from business, subtract your business expense for Six months, and divide your net business income by (6), then subtract from that your tax and ordinary/necessary personal expense and it comes to zero or below, income above expense is not a problem in your offer.

CORPORATION AND PARTNERSHIPS:

Special rules apply regarding these entities if the tax due is excise or payroll (941-940), involving assets/liabilities and income/expense, you may suffer a personal penalty.

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.

Now let’s talk about my fee.  Most of the people you hear about on talk radio and television will be happy to help you.  Do you know why they don’t want to talk to you unless you owe the IRS at least $10,000 or $15,000?  So they can soak you.  I’ve seen these people charge $3,000 to $5,000 (or more) for an offer.  It’s a great fee for a couple hours work.

I have a different philosophy.  You and I are partners in resolving this tax problem.  I do for you what I learned over the last 25+ years and you play an important role too - I guide you all the way.  I only take offers I know will qualify.  My competitors don’t care if you qualify for the offer; they just care how much they can get from you.  When I feel like a client of mine is really squeezed, I’ve been known to do an offer for $500.  Most of the time I charge $1,500.   If I feel you are purposely screwing the IRS, I won’t take your case.  My fee by the way is for the offer only, there will be a charge if you need returns completed, but I am very fair and reasonable in my charge for returns.  So you have a choice! Pay for the expensive radio, television or newspaper advertising of those nationally known [experts?] on the offer process - or give me a call and let’s talk about you.

 

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

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