$900,000 Tax Debt Reduced to $60,000
Represented taxpayer who owed the IRS approximately $900,000. Resulted in a recommended reduction of tax by the IRS of $60,000 through an Offer in Compromise.
Audit Reconsideration – Reversed Assessment
Client failed to respond to an IRS audit for tax year 2011 and $93,567 in additional tax ($168,516 with penalties and interest) was assessed. Because Client did not respond to the audit, file a timely appeal with the IRS, or file a Petition in U.S….
$302,714 Tax Debt Settled for $14,451
Represented corporate taxpayer operating as a C-Corporation with a federal payroll tax liability of $302,714. Tax debt was reduced to $14,451 through an accepted OIC.
Reversal of EFIN Termination
Represented tax preparation firm before the IRS regarding termination of the taxpayer’s electronic filing privileges. Administrative appeal was filed and the termination was reversed. See documents.
Tax Preparer Due Diligence Penalties Reversed
Represented tax preparation firm before the IRS regarding a proposed penalty assessment for alleged violations of the Earned Income Tax Credit due diligence requirements. Administrative appeal filed and assessment was fully reversed. See documents.