Thursday, June 19, 2014

Past due IRS taxes, settled for 3.3 cents on the dollar.

 A client came to our office with 12 years of past-due non-filed tax returns. After working with the client to reconstruct records and put over a decade worth of tax returns together we were finally able to file all of the outstanding returns. Once the returns were processed and accumulated penalty and interest were calculated, the client was on the hook for nearly $38,000 to the IRS. Our next step was to prepare an IRS offer-in-compromise in which we were able to get an amazing settlement for the client, only $1260.00! That’s 3.3 cents on the dollar. Needless to say, the client is very happy and can now move forward with putting the financial pieces of his life back together. View more detailed information HERE


Love and Associates, Inc is a tax resolution, tax preparation and tax planning company located in San Diego, CA with clients all over the world. They offer support for small to medium size businesses as well as solutions for those with tax problems and tax burdens. 

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