$21,087 Tax Debt Resolved With Streamlined Installment Agreement
December 11, 2024
SITUATION: A client was facing significant issues with the IRS due to a defaulted installment agreement. The client owed $21,087 for multiple tax years and was at risk of impending collection actions. The situation required immediate intervention to prevent further collection activity and to find a manageable solution. INVESTIGATION PHASE: Upon receiving the case, our…
$21,000 Tax Debt Resolved With Streamlined Installment Agreement And Penalty Abatement
December 11, 2024
SITUATION:
A taxpayer approached us with a manageable IRS tax debt of $21,000. They were proactive about resolving their debt and sought an affordable monthly payment plan. There was no significant hardship in this case; the taxpayer simply wanted to find a reasonable solution to pay off the debt without incurring additional penalties or financial…
$397,610 IRS Tax Debt Placed In Currently Not Collectible Status
December 11, 2024
SITUATION:
An elderly individual, facing severe illness, approached us with an overwhelming IRS tax debt of $397,610. They were under aggressive collection actions, with the IRS threatening to levy their bank accounts and other assets. Due to limited income and deteriorating health, they had no feasible way to repay the deb
Tax Debt Of $23,656 Reduced By Correctly Filing Tax Return And Setting Up Installment Agreement
December 11, 2024
SITUATION: A couple reached out to us with an IRS balance of $23,656 accumulated over several years. They had not filed several tax returns and were unsure how to address the mounting debt. The IRS was threatening enforcement actions, and they needed assistance to become compliant and manage their debt effectively. INVESTIGATION PHASE: To initiate…
$186,000 In IRS Tax Debt Resolved With An Offer In Compromise ($21,000 Paid)
December 11, 2024
SITUATION: A business in Florida was facing a substantial debt of $186,000. Given the significant amount owed and the financial difficulties the business was experiencing, we needed to find a solution to reduce the debt burden. INVESTIGATION PHASE: To begin the investigation process, we assigned a dedicated case manager to the business, ensuring personalized attention…