A large audit case representing over $400,000 in to the IRS for unpaid back taxes over a several year period and was sent to collections originally slated to turn into an Offer in Compromise. We handled the case and provided proof of the inability to pay off their steep payment requests. This case involved a major portion of our staff and we were successful in the resulting ‘closing’ of the case. We just received notice from the IRS titled CASE CLOSED – CURRENTLY NOT COLLECTABLE. (See letter below) It’s important to note that this amount is not necessarily absolved. This just means that the aggressive collections pursuit by the IRS has been closed. The taxpayer is now able to decide on their own about how and when to make payments against the delinquent tax bill. This allowed our client to produce the 20% down for their $60,000 offer to pay down their delinquent taxes.
Another returning client who has utilized our professional tax services in the past came to us with an IRS Bank Levy. This is important to note that bank levies are hard to overturn, despite our successes doing so. The levy was released and turned into a two year payment plan, which was very reasonable for our client and now does not bear the burden of the IRS controlling their bank funds.
These are just samples of success stories that frequently occur throughout the year. Jay Allen Finn is a former Revenue Agent with the IRS. He understands the inter-workings of the tax collection system and is a professional tax accountant and CPA in Houston, Texas. His incredible record is also proven by his A+ Better Business Bureau rating.