To Pay Bills/Court Cases

1st Presentment:

Part 1 *

1.       Cover Letter *

2.       1099-A for their Bill

3.       A4V/R4V – for Pay-off Presentment

4.       1040V’s

Part 2 - for out of pocket payments

1.       1099-A for out of pocket payments (give them the B copy)

2.       1099-OID (requested from them)

3.       1099-INT (requested from them)

2nd Presentment: (IF they returned  or rejected your offer to pay and settle)

1.       New Cover Letter (this is second Payment offer)

2.       Everything from before plus

3.       Add the sf28 and op91 (tied together word wise)

To the IRS:

1096 and 1099-A (copy A)

To the IRS/CID – For CLOSURE:

1.       Cover Letter to IRS

2.       3949A

3.       Complete package of what you sent to the Company

 

 


Pay-off Mortgage or P.N.

1st Presentment:

Part 1 *

1.       Cover Letter *

2.       A4V – for their Bill **

3.       1099-A for their Bill **

4.       1040V’s (for Account Set-off)

5.       1099-B (give them the B copy)

Need to do both of the following:

6.       A4V - Initial Contract

7.       A4V - Pay-off Presentment

Part 2 - for out of pocket payments:

1.       1099-A for out of pocket payments (give them the B copy)

2.       1099-OID (requested from them)

3.       1099-INT (requested from them)

Part 3 – for extra Escrow:

1.       1099-A for ESCROW (give them the B copy)

2nd Presentment: (IF they returned or rejected your offer to pay and settle)

1.       New Cover Letter (this is second Payment offer)

2.       Everything from before plus

3.       Add the sf28, op90 and op91 (tied together word wise)

To the IRS:

1096 and 1099-A (should be 3/4 –A copies)

1096 and 1099-B (A copy)

To the IRS/CID – For CLOSURE:

1.       Cover Letter to IRS

2.       3949A

3.       Complete package of what you sent to the Mortgage company.


To Banks (for control of Accounts)

1st Presentment:

Part 1 *

1.       Cover Letter *

2.       A4V –  for their Bill **

3.       1099-A for their Bill **

4.       1040V’s (for Account Set-off)

Part 2 - for out of pocket payments:

1.       1099-A - for out of pocket deposits (give them the B copy)

2.       1099-OID (requested from them)

3.       1099-INT (requested from them)

2nd Presentment: (IF they returned or rejected your offer)

1.       New Cover Letter (this is second Request)

2.       Everything from before plus

3.       Add the sf28 and op91 (tied together word wise)

To the IRS:

1096 and 1099-A (copy A)

To the Federal Reserve Bank

Complaint and Investigative Department

1.       Cover Letter to them

2.       Complete package of what you sent to the bank

And

To the IRS/CID:

1.       Cover Letter

2.       3949A

 


 


* - The Cover Letter and a copy of our Form 56 and 2848, will address the fact to them who is who.

** - The required IRS forms will be supplied to them by our Corporation, when the Corporation receives a Valid Bill and the Corporation makes the settlement.

Special Notes:

·         Only after they refuse to supply the 1099-OID’s and/or the 1099-INT’s, THEN can your Corporation file them per IRS Pub. 1212.

·         STOP Thinking that you know everything, you Don’t;

·         We are NOT the Corporation “Taxpayer” person, we are a Third Party representative.

·         Our Corporation has to pay and settle it’s accounts and YOU are there to HELP the Corporation stay in Honor, you let the IRS do the rest.