DeWitt Law Secures Full Reversal of $250,000+ IRS Assessment
Taxpayer recently received an IRS CP2000 notice proposing additional tax of more than $250,000 related to the sale of the Taxpayer’s primary residence. The notice alleged substantial unreported income and sought to impose a staggering assessment. DeWitt Law immediately identified critical errors in the IRS’s proposed assessment. Our team carefully reconstructed the transaction details, highlighted the primary residence exclusion under federal tax law, and documented the accurate basis and closing…
$307,815 Tax Debt Settled for $2,000
Orlando, Florida – Represented taxpayer who owed the IRS over $307,815. Tax debt was reduced to $2,000 through an accepted offer in compromise.
$163,936 CP2000 Assessment Reversed to $0
Orlando, Florida – Taxpayer received IRS Notice CP2000 proposing additional tax of $163,936, based on income reported to the IRS on Form 1099-S from the sale of Taxpayer’s residential property. DeWitt Law represented Taxpayer and challenged the assessment with the IRS, resulting in the assessment being reversed to $0.
$172,959 CP2000 Assessment Reduced to $0
Orlando, Florida – Taxpayer received IRS Notice CP2000 proposing additional tax of $172,959, based on income reported to the IRS on Form 1099-S from the sale of Taxpayer’s home. DeWitt Law represented Taxpayer and challenged the proposed assessment with the IRS. The IRS never responded and issued a Statutory Notice of Deficiency. After litigating the assessment in U.S. Tax Court, it was reversed to $0.
IRS Seizure of Taxpayer’s Home Prevented in U.S. District Court
United States District Court for the Middle District of Florida – The IRS filed suit in U.S. District Court to seize the Taxpayer’s home and collect over $500,000 in federal income tax debt. DeWitt Law represented the Taxpayer and negotiated an agreement with the Department of Justice (Tax Division). The tax debt was settled for $282,016.11 and the Taxpayer kept their home.