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.
$268,699 CP2000 Assessment Reduced to $0
Nashville, Tennessee – Taxpayer received IRS Notice CP2000 proposing additional tax of $268,699, based on income reported to the IRS on Form 1099-S from the sale of two residential properties owned by Taxpayer. Taxpayer failed to timely respond to the CP2000 notice, resulting in the issuance of a Statutory Notice of Deficiency. DeWitt Law represented Taxpayer and challenged the assessment in U.S. Tax Court, resulting in the assessment being reversed…
$571,586 Tax Debt Settled for $29,297
Represented taxpayer who owed the IRS over $571,586. Tax debt was reduced to $29,297 through an accepted offer in compromise.