$138,605 Federal Income Tax Debt Settled For $33,085

Taxpayer, who was self-employed, owed $138,605 in federal income tax debt to the IRS for multiple tax years. DeWitt Law determined that the Taxpayer could not fully pay the tax debt within the time remaining under the statute of limitations for IRS collections. DeWitt Law represented the Taxpayer before the IRS and submitted an Offer in Compromise proposing to settle the tax debt. The IRS erroneously rejected the Offer in…

$507,443.65 Tax Liability Reduced to $13,391.08

Taxpayer owed $507,443.65 in federal income tax debt to the IRS for multiple tax years. The IRS issued a Notice of Intent to Levy, threatening to garnish the Taxpayer’s wages and levy their bank accounts. DeWitt Law represented the Taxpayer before the IRS and filed a Collection Due Process request to resolve the tax debt and prevent further IRS collection action. The IRS Office of Appeals held a Collection Due…