Our September 2024 Resolution Results are IN, and we saved our Clients over half a million dollars this month!
Approximately $284,000.00 was REMOVED from Taxpayer Accounts this month by way of IRS Offer in Compromise negotiations. In IRS Offers in Compromise, the IRS agrees to settle the tax debt for less than the total balance owed. This $284,000 figure is the amount of taxes due in excess of the settlement amounts paid that has since been cleared from Taxpayer Accounts.
An estimated $26,000 was either NOT assessed OR abated through our IRS Audit Representation Defense efforts. These figures are amounts the IRS proposed to be due in an audit or amounts that had been assessed on Taxpayer accounts as the result of an audit and were subsequently NOT ASSESSED from the proposal OR REMOVED from assessment through our representation over our Clients before the IRS.
Finally, about $385,000 was written off Client accounts because the IRS' 10-year Collection Statute Expiration Dates expired. We frequently monitor Client IRS Accounts to ensure our Case Plans strategically factor in any applicable upcoming Statute of Limitations.
