Southern California based Tax Resolution Firm, a nationwide practitioner announces IRS Back Taxes relief does actually exist. By identifying, recommending and executing the IRS Offer in Compromise program, the Taxpayer will receive a new beginning via the “Fresh Start” initiative. An acceptance of two IRS Offers in Compromise for two different clients on the same day is a nice beginning for 2016.
You never really know when help is right in front of you
Sometimes getting to know a tax expert while eating breakfast at IHOP every morning has its benefits!!
A family member of a food server / manager at the establishment approached the Enrolled Agent with questions regarding his brother in Atlanta, GA. The IRS was looking to collect taxes on an inaccurate tax liability due to substitute filed tax returns (SFR). Yes, the IRS can fabricate a tax return without taxpayer consent, disallow for exemptions and deductions. The balance generated by this SFR was for the amount of $19,678 for 2005.
Additionally, the client was a named officer of the S-Corp, a mom and pop store, was denied the ability to sell Lotto tickets because of the federal tax lien filed on his social security number. The threshold for issuing a federal tax lien is now $10,000.
Beware, IRS back taxes has its consequences.
FREE Tax Relief consultation call DWK Tax Group at 1-866-226-6102. https://dwktaxgroup.com
Tax preparation for compliance
A few years had not been filed so the Taxpayer had issues with compliance. Up.on receipt of the necessary documents to create un-filed tax returns, the tax returns were completed in 48 hours. A normal business protocol.
The completed tax returns were then mailed to its designated addresses with tracking. While returns were processing a current household financial snapshot needed to be ascertained to understand whether the Taxpayer was “collectible”.
Household Income
A 433A (OIC) and Form 656 was completed in great detail. The IRS does take the word “detail” to a new level, although Taxpayers actually have the ability to settle IRS back taxes on their own it is always recommended to enlist the help of a tax professional. The IRS took nearly 18 months to review. The file was forwarded to one examiner, then forwarded to an in-house IRS Offer Specialist to finally gain approval.
Full disclosure
What was unusual about this particular case was that the Taxpayer actually omitted pertinent information of other corporate entities connected to the Offeree. Oh no!!
While submitting an IRS Offer in Compromise, full disclosure is of the highest priority.
The taxpayer and representation needed affidavits under the premise of perjury to re-establish his position of full disclosure. At this point the IRS had every reason to deny the Offer in Compromise. Thankfully the Offer Specialist reviewing the case was really nice, competent, rational and reasonable. The Enrolled Agent exercised extreme diligence and perseverance uncommon to the tax resolution industry. Much communication ensued, with positive results. IRS back taxes waived, $21,233.
Statement of Trust
“Dealing with the State and or IRS back taxes can be anxiety-ridden with many unseen pitfalls geared to confuse or frustrate even the most patient of individuals. If you are dealing with garnishments or levies, collection of payroll taxes, DWK Tax Group, INC. is dedicated exclusively to providing genuine and sustainable IRS and State tax relief options offered to the American Public today. We have settled hundreds of cases via the IRS Offer in Compromise program, Hardship Status and Payment Plans.” Enrolled Agent Andrew Hatchie Jr. goes on to say, “Sometimes folks simply need someone to trust…We are that one tax resolution firm that actually resolves IRS back tax disputes and controversies.”
About DWK Tax Group, INC.:
Battle Tested team of Tax Attorneys and Enrolled Agents
Making a positive difference in Taxpayer’s lives since January 2009
Managing Partner is a United States Air Force Veteran
Email: information@dwktaxgroup.com
Website: https://dwktaxgroup.com
FREE Tax Relief consultation call DWK Tax Group at 1 – 8 6 6 – 2 2 6 – 6 1 0 2
Weekends and Weekdays, 9AM till 5PM, PST.
“The ability to peel that 500 lb. gorilla called the IRS off your back will most certainly make life sweeter and living much more peaceful…Isn’t that all what we really want?”