$15,000 In IRS Tax Debt Resolved with A Currently Not Collectible Status ($0 Paid)
December 11, 2024
SITUATION: A client from Florida was facing a significant IRS debt of $15,000. The client’s financial situation made it challenging to make regular payments, and there was a risk of aggressive collection actions from the IRS. INVESTIGATION PHASE: Upon taking on the Florida client’s case, our tax team promptly assigned a dedicated case manager to…
An $89,000 IRS Tax Debt Settled For $100 Through Offer In Compromise
December 11, 2024
SITUATION: A taxpayer from New York reached out to us, burdened with an overwhelming IRS debt of $89,000. They were facing significant financial hardship and were unsure how to resolve their tax issues. The looming threat of IRS collection actions, such as wage garnishments and bank levies, added to their stress. INVESTIGATION PHASE: Upon taking…
$17,236 In IRS Tax Debt Resolved with A Currently Not Collectible Status ($0 Paid)
December 11, 2024
SITUATION: An elderly married couple contacted us with a tax debt of around $17K. They were very scared of the collection notices they were receiving and didn’t know how to deal with this situation. Living on a fixed income had not allowed them to afford to pay the taxes they owed for several years. INVESTIGATION…
$83,083.86 In IRS Tax Debt Resolved With An Offer In Compromise ($8,773 Paid)
December 11, 2024
SITUATION: A taxpayer contacted us to seek help with his IRS tax debt of approximately $83K Unfortunately, he is on a fixed income and had health issues that were not allowing him to pay back on his tax debt owed and was unsure of his options to have this taken care of given his situation.…
Consolidation Loan vs. Debt Settlement – Which Do I Choose?
November 15, 2024
“I owe $20,000 in debt at a 28% interest rate, paying just above the minimum payments, and am not sure whether I should consolidate into a new (hopefully) lower interest rate loan or use debt settlement with a reputable company. Can you help me decide which is best for me?” Let’s look at the true…