When assisting clients with complicated tax settlements, taxpayers often find that the IRS and States have filed tax liens to protect their interests in back taxes owed. Tax liens can cause numerous problems, including damage to credit reports and also make the sale of property more difficult. Many people, who are facing financial difficulties, are… Continue reading →
Debt Relief
IRS Violates Taxpayers’ Tax Lien Rights Regarding Tax Debt
Do you have unfiled taxes, or unpaid tax debt? If so, there’s a chance the IRS has, or will file a tax lien or wage garnishment for any uncollected tax debt. However, there are legal requirements the IRS must follow before doing so. According to a new government report, nearly 33,000 taxpayers have been harmed… Continue reading →
He Owed the IRS $80,000 in Back Taxes. We Reduced His Tax Debt to Zero!
Steve H. came to Professional Tax Resolution after receiving notice of a wage garnishment from his largest customer. Steve, a technology consultant, had failed to file tax returns for six years and, according to IRS calculations, owed over $80,000 in back taxes, penalties and interest. Tax settlement plans for taxpayers with numerous un-filed tax returns… Continue reading →
Amazing Tax Settlement – $1,600,000 Tax Debt Reduced to Zero!
Karen M. was recently divorced and owed the IRS over $1,600,000 for a joint IRS liability she had incurred with her ex-husband. The debt had accumulated over many years and, as is usually the case, included a significant dollar amount of assessed penalties and interest. The taxpayer was newly single, lived on a modest income… Continue reading →
An Audit Reconsideration Success Story – A $26,000 Mistake Corrected Results in Zero Tax Liability
Professional Tax Resolution has successfully helped many clients find tax relief. Here is the story of a client who came to us in March of 2011. Mr. and Mrs. M lived, worked and paid taxes in the United States from 2008-2010. In early 2010 both Mr. and Mrs. M moved out of the country and… Continue reading →
Make the IRS an Offer They Can’t Refuse, and Reduce Your Tax Debt with This Tax Settlement Option.
Chances are, you have heard the claims that your federal taxes can be settled for “pennies on the dollar” Sounds too good to be true, right? Although many of the companies advertising these claims are a scam, the IRS does have the authority to settle, or “compromise,” on tax debts, accepting less than the full… Continue reading →
