Trust Fund Recovery Penalty Averted! Professional Tax Resolution latest Success Story: Trust Fund Recovery and Penalty Averted. The owner of BM Corporation contacted our office shortly after receiving a subpoena from the IRS requesting all of their banking records. Unsure of how to respond to the notice and fearful of the potential consequences it might hold,… Continue reading →
The Blog
Back Tax Balance Lowered by 80%
Back Tax Balance Lowered by 80% When Mr. O contacted our office, he was at a loss as to how resolve a tax situation that had been developing over a period of years. Several years prior to this time, he had undergone a divorce which had thrown a monkey wrench into his previously stable financial… Continue reading →
Some Critical Year-End Tax Considerations
Some Critical Year-End Tax Considerations Very few important tax decisions have been passed down in 2015 and, with only a few weeks to go, it appears that we may move into the New Year with some important tax matters still unresolved. Some of the critical tax issues hanging in the balance as we move into… Continue reading →
Audit Reconsideration Eliminates $100,000 Tax Balance
Audit Reconsideration Eliminates $100,000 Tax Balance When Ms. H contacted our office, she was panicked over how to pay a back tax balance of $101,000. She had recently received an official IRS Letter informing her of a balance due and threatening enforcement action since she had not responded to previous notices. This was followed almost… Continue reading →
Security Summit Focuses on Identity Theft
Security Summit Focuses on Identity Theft In March of this year, all of the major players in the tax industry came together to focus on the problems of identity theft and tax refund fraud. Their aim was to have safeguards in place before the beginning of the 2016 filing season. This convocation, identified as the… Continue reading →
Offer in Compromise Resolves $40,000 Tax Debt
Offer in Compromise Resolves $40,000 Tax Debt Mr. J came to Professional Tax Resolution through a referral form a close friend. With a wedding on the horizon, he was looking for a reputable tax resolution firm that could help him clear up his back tax issues in a quick and efficient manner so that he… Continue reading →
