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…
$291,791.44 Tax Liability Reversed to $0
Memphis, TN – Taxpayer received IRS Notice CP2000 proposing additional tax of $181,404 for tax year 2018. Taxpayer’s accountant assisted with responding but the IRS upheld the assessment and issued a Notice of Deficiency. Taxpayer did not challenge the Notice of Deficiency and the assessment became final, resulting in a total tax liability, including penalties and interest, of $291.791.44. The IRS applied held Taxpayer’s tax refunds for later years and…
Proposed Federal Income Tax Liability Reduced to $0
Tampa, Florida – Taxpayer received IRS Notice CP2000 proposing additional federal income tax for tax year 2022. The basis for the proposed assessment was self-employment income reported by DoorDash that was never earned by the Taxpayer. DeWitt Law represented the Taxpayer before the IRS and challenged the proposed assessment. The IRS reversed the assessment in full to $0.
$74,177 Federal Income Tax Assessment Reversed to $0
Birmingham, AL – Taxpayer received IRS Notice CP2000 proposing additional federal income tax for an unreported taxable retirement distribution. DeWitt Law represented Taxpayer and challenged the proposed assessment, arguing that the Taxpayer qualified for an automatic waiver of the 60-day rollover requirement established under I.R.C. § 408(d)(3). The IRS reversed the proposed assessment.
$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.