$40,655 Tax Debt Settled for $5,581
Tampa, Florida – Represented taxpayer who owed the IRS over $40,655. Tax debt was reduced to $5,581 through an accepted offer in compromise.
$318,198 Tax Debt Settled for $2,000
Orlando, Florida – Represented taxpayer who owed the IRS over $318,198. Tax debt was reduced to $2,000 through an accepted offer in compromise.
$299,860 CP2000 Assessment Reversed to $3,864
Memphis, Tennessee – Taxpayer received IRS Notice CP2000 proposing additional tax of $299,860, based on income reported to the IRS on Form 1099-S from the sale of Taxpayer’s primary home. DeWitt Law represented Taxpayer and challenged the assessment with the IRS, resulting in the assessment being reduced to $3,864.
Audit Reconsideration – Tax Assessment Reduced by Over $92,000
The Taxpayer was audited but never received letters or correspondence from the IRS regarding the audit or the resulting Notice of Deficiency. DeWitt Law represented the Taxpayer before the IRS and filed an Audit Reconsideration claim challenging the tax assessment. The IRS reversed the assessment, which lowered the tax assessment by over $92,000.
Audit Reconsideration – Tax Assessment Reduced by Over $144,000
The Taxpayer was audited and the IRS disallowed substantial gambling loss deductions. The IRS issued a Notice of Deficiency but the Taxpayer did not file a Petition in U.S. Tax Court. DeWitt Law represented the Taxpayer before the IRS and filed an Audit Reconsideration claim challenging the tax assessment. The IRS reversed the assessment, which lowered the tax assessment by over $144,000.