After years of practice before the IRS, Phoenix Financial Group Tax Attorneys have unparalleled success with respect to the Collections division within the IRS. We have represented hundreds of taxpayers in the State of California. They have successfully negotiated IRS Offer in Compromise, IRS Installment Agreements and IRS Penalty Abatements.
Please contact us to see how we can help you with tax resolution.
888-572-2179
Phoenix Financial Group Tax Attorneys
What is a tax attorney?
A tax attorney typically practices before the Internal Revenue Service and Tax Court. Phoenix Financial Group Tax Attorneys specialize in representing businesses and individuals before the collection division within the IRS. They represented hundreds of clients with a very high success rate. They have and will submit Offer in Compromise, Penalty Abatements, Collection Appeal Requests and Installment Agreement proposals on behalf of their clients.
Please contact us to see how we can be of service. 888-572-2179
Phoenix Financial Group Tax Attorneys
For Further assistance: 888-572-2179
Phoenix Financial Group Attorneys
Phoenix Financial Group settles $812,445 debt for $206,169 through an Offer in Compromise
The taxpayer accrued several quarters of 941 tax debt from 2007-2009. Phoenix’s Enrolled Agent negotiated a settlement by submitting Form 656 – Offer in Compromise along with the required financial statement, Form 433-A Collection Information Statement for Wage Earners and Self Employed Individuals. The settlement was reached by appealing Letter 1058 (also known as LT 11 depending on which department at the IRS sends the letter). By filing the appeal in a timely manner, the taxpayer was protected from enforcement action such as bank levies, accounts receivable levies and seizure. Phoenix Financial Group’s Enrolled Agent negotiated the Offer in Compromise with the IRS Appeals Officer assigned to the case. The settlement resulted in a tax debt reduction of over $600,000. The taxpayer was extremely happy and had no complaints about the service provided by Phoenix Financial Group.
A client at Phoenix Financial Group was successful in having a Federal Tax Lien withdrawn by the IRS. The Federal Tax Lien that was withdrawn was over $400,000. An Enrolled Agent at Phoenix Financial Group negotiated the withdrawal by convincing theIRS that it was in the IRS best interest to withdraw the lien. The argument was made that the lien was preventing the taxpayer from making money and; therefore making it impossible for the taxpayer to repay the 941 tax debt.
Currently, the client is making monthly affordable monthly payments to resolve their outstanding tax debt with the IRS. Phoenix Financial Group is proud of the work performed by one of its IRS Enrolled Agents. Further, both the IRS and the client are in better position because of our representation.
For further information: IRS Lien Withdrawal
FOR IMMEDIATE RELEASE
January 11, 2011 –
Phoenix Financial Group represented a concrete company in Texas. ABC Concrete is a pseudonym for the real company. Phoenix Financial Group does not want to compromise the identity of its clients. ABC Concrete owed the IRS over $800,000 in payroll taxes. They had not paid taxes in 2005, 2006, 2007 and 2008. They had filed their 941 federal tax returns on time, but had not made the required Federal Tax Deposits. The IRS penalties were over 20% of the entire debt.
Phoenix Financial Group listened to the complaints of the taxpayer with regard to dealing with the IRS. They could not afford 8,000 -15,000 dollars a month. That is the amount the IRS would expect every month until the debt was satisfied. Phoenix Financial Group was successful in negotiating an installment agreement with the IRS for the outstanding payroll taxes of $2500 per month. This allowed ABC Concrete to maintain its current Federal Tax Deposits and repay the outstanding debt at an affordable rate.
Phoenix Financial Group has Enrolled Agents and Tax Attorneys ready to help businesses in trouble with the IRS and payroll taxes.
IRS tax debt payroll tax resolution
January 14, 2011 –
As the tax representation industry grows there has been an influx of companies that do not maintain a high ethical standard. If you are seeking professional help to resolve your debt, the following suggestions will insure that your representation does not result in future complaints about your representation.
1. The representative should be licensed.
2, The fee structure should be explained in detail prior to engagement.
3. The firm should have been in business long enough to establish track record that can be researched and substantiated.
Dealing with the IRS can be an arduous task. Trying to run a business, make Federal Tax Deposits, issue payroll, manage employees and make a profit can be difficult with the IRS trying to collect an outstanding payroll tax debt. A business that has a 941 tax debt with the IRS should expect a Federal Tax Lien to be issued almost immediately. THe IRS might issue a Bank Levy which will draw a complaint or several complaints from employees if they can not get paychecks because the IRS levied the payroll account the day before payroll.
An experienced Tax Resolution firm like Phoenix Financial Group has the experience necessary to navigate the IRS collection division in such a manner which will allow a business to continue its business operations without fear of government aggression.
Phoenix Financial Group Tax Resolution Federal Tax Lien Bank Levy Complaints Phoenix Financial Complaints Complaint
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Phoenix Financial Group Tax Attorneys
FOR IMMEDIATE RELEASE
February 12, 2011 — Phoenix Financial Group negotiated an affordable Installment Agreement for a trucking company located in Boston, Massachusettes. The company’s primary source of income is derived from road construction. As road construction projects are set up their trucks are responsible for the placement and movement of the concrete barriers.
They became a client in the summer of 2010. Within 60 days the Enrolled Agents at Phoenix Financial Group had negotiated an affordable monthly installment agreement. The liability was a result of failure to make Federal Tax Deposits. Payroll taxes are the summation of Medicare and Social Security taxes that employees and employers pay.
For more information on resolving back tax liabilities with the IRS, visit www.pfgtax.com
More information can be found online at http://pfgtax.com
IRS Article: How to Set Up Installment Agreement
Bank Levies
If you have a tax liability the IRS can collect it by seizing (levying) money you have in your bank account. The entire amount on deposit when the bank acts on the levy will be seized, up to the amount owed to the IRS. You can still use the account, money deposited after the bank acts on the levy will not be affected. The bank must wait 21 days between seizing the bank account and sending the funds to the IRS. This gives your tax representative time to negotiate for release of the levy, returning the funds to you. Reasons for a release can include the hardship the levy causes, an alternative resolution to the tax liability and disputes over ownership of the funds in the account.
Phoenix Financial Group obtains dozens of releases of bank account levies every month, for their clients. The more proactive you are in dealing with a tax liability the less likely you are to face a drastic situation such as a bank levy. Hiring a tax representative early on can avoid the entire problem.
FOR IMMEDIATE RELEASE
Boulder, Colorado, United States of America(Free-Press-Release.com) March 6, 2011 — After several months of trying to work out terms of an Installment Agreement, they hired Phoenix Financial Group. The enrolled agents and tax attorneys at Phoenix Financial Group worked out and negotiated the Installment Agreement. The terms were $2500 per month. Relative to the size of the liability this IRS Installment Agreement was more than affordable for the client. And, it allowed them to continue business operations without fear of further IRS aggression.
For further information on how to get your business represented by Phoenix Financial Group please visit:
More information can be found online at http://www.pfgtax.com
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Duncan Wright, EA
Vice-President
Phoenix Financial Group
(720) 221.4394
Call us now – 888.572.2179
As the tax representation industry grows there has been an influx of companies that do not maintain a high ethical standard. If you are seeking professional help to resolve your debt, the following suggestions will insure that your representation does not result in future complaints about your representation.
1. The representative should be licensed.
2, The fee structure should be explained in detail prior to engagement.
3. The firm should have been in business long enough to establish track record that can be researched and substantiated.
Dealing with the IRS can be an arduous task. Trying to run a business, make Federal Tax Deposits, issue payroll, manage employees and make a profit can be difficult with the IRS trying to collect an outstanding payroll tax debt. A business that has a 941 tax debt with the IRS should expect a Federal Tax Lien to be issued almost immediately. THe IRS might issue a Bank Levy which will draw a complaint or several complaints from employees if they can not get paychecks because the IRS levied the payroll account the day before payroll.
An experienced Tax Resolution firm like Phoenix Financial Group has the experience necessary to navigate the IRS collection division in such a manner which will allow a business to continue its business operations without fear of government aggression.
