$300,000 Payroll Tax Debt Placed in Currently Not Collectable (CNC) Status by the IRS
After a prolonged cash‑flow crunch, a car repair shop fell behind on payroll tax deposits. The owner was also personally assessed under the Trust Fund Recovery Penalty (IRC Section 6672), resulting in approximately $300,000 of federal payroll tax debt. After receiving Notices of Intent to Levy from the IRS, the Taxpayer contacted DeWitt Law. We moved quickly to protect the client: we filed a timely Collection Due Process (CDP) request…
$24,197 Tax Liability Reduced to $0 in U.S. Tax Court
The IRS proposed additional income taxes against the Taxpayer via IRS Notice CP2000. The basis for the proposed assessment was unreported taxable income from the sale of securities and other miscellaneous taxable income. Despite the Taxpayer’s responses, the IRS affirmed the proposed assessment and issued a Notice of Deficiency. DeWitt Law represented the Taxpayer and filed a Petition in U.S. Tax Court to challenge the Notice of Deficiency. The Court…
$114,936.79 Arkansas Individual Income Tax Liability Reversed to $0
Taxpayer received Notices of Proposed Assessments from the Arkansas Department of Finance and Administration (the “DFA”) in the amount of $114,936.79 for tax years where the Taxpayer did not reside in the State of Arkansas. DeWitt Law represented the Taxpayer before the DFA to challenge the proposed assessments. DeWitt Law filed an administrative appeal and offered evidence of the Taxpayer’s residence for the tax years at issue. The DFA fully…
$141,854.73 Recovered From IRS in Claim for Refund Case
Taxpayer owed federal income taxes for tax years 2019 and 2020. Taxpayer was not able to fully pay their tax debt when it was due, causing accrual of substantial failure-to-pay penalties. Taxpayer eventually fully paid the tax debt but sought to recover a refund of the penalties paid. DeWitt Law represented Taxpayer before the IRS. DeWitt Law filed a claim for refund with the IRS, arguing that Taxpayer qualified for…
$284,767 Federal Income Tax Assessment Reversed to $0
LITTLE ROCK, ARKANSAS – The IRS assessed additional federal income tax of $284,767 against Taxpayer via IRS Notice CP2000. The basis for the assessment was alleged unreported taxable income from the sale of Taxpayer’s home. DeWitt Law represented Taxpayer and challenged the tax assessment. The IRS reversed the assessment to $0.