IRS Eliminates $1.56 Million in IRS Trust Fund Recovery Penalties and Interest
DeWitt Law successfully resolved a complex IRS collection matter involving more than $1.56 million in Trust Fund Recovery Penalties (TFRPs) and accrued interest, securing the complete elimination of our client’s remaining federal tax liability. After more than five years of strategic representation, installment agreement negotiations, and collection appeals, the IRS formally wrote off $1,561,204.07. All nine tax periods now reflect a zero balance. The result was achieved without an accepted…
$300,000 Payroll Tax Debt Placed in Currently Not Collectable (CNC) Status by the IRS
After a prolonged cash‑flow crunch, a car repair shop fell behind on payroll tax deposits. The owner was also personally assessed under the Trust Fund Recovery Penalty (IRC Section 6672), resulting in approximately $300,000 of federal payroll tax debt. After receiving Notices of Intent to Levy from the IRS, the Taxpayer contacted DeWitt Law. We moved quickly to protect the client: we filed a timely Collection Due Process (CDP) request…
$5.7 Million Dollar Trust Fund Recovery Penalty Reduced to $0
DeWitt Law represented taxpayer facing a $5.7 million dollar trust fund recovery penalty. Appeal was filed resulting in a $0 assessment. TFRP Reversal