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.
Tax Assessment Reversed to $0 By U.S. Tax Court
Taxpayers received a Notice of Deficiency from the IRS proposing additional income tax for alleged unreported taxable income from the sale of securities. DeWitt Law represented the Taxpayers and challenged the Notice of Deficiency by filing a Petition in U.S. Tax Court. DeWitt Law argued that the proposed assessment should be reversed because the Taxpayers did not own the securities at issue. After completing discovery, IRS counsel agreed to reverse…
Florida Sales Tax Assessment Reduced by 87%
Tampa, Florida – Taxpayer, an out-of-state business, was audited by the Florida Department of Revenue for not filing Florida sales and use tax returns for several years. The audit resulted in an additional tax assessment. DeWitt Law represented the Taxpayer and challenged the assessment by filing a Petition for an administrative hearing. DeWitt Law negotiated a settlement with the Department of Revenue lowering the assessment by over 87%.
$52,365.60 Federal Income Tax Assessment Reduced To $2,478 by U.S. Tax Court
Taxpayer received a Notice of Deficiency from the IRS proposing additional federal income tax for three tax years. The basis for the proposed assessment was alleged unreported income and disallowed Schedule C expenses. DeWitt Law represented the Taxpayer in U.S. Tax Court to challenge the Notice of Deficiency. The Court entered an order reversing the proposed assessments for two years and substantially reducing the remaining year to $2,478.