After trusting a friend to prepare her tax returns, the client found herself with tax assessments from the IRS, correcting bad tax preparation, for several consecutive years. She had been in contact with the IRS regarding the assessment and the debt, and was forced into a balloon Installment Agreement that she could not afford in order to avoid a wage garnishment or bank account levy from the IRS. The client sought the assistance of Dickmann Tax Group to review the assessment by the IRS, as well as negotiate a tax debt settlement based on her financial situation.
Upon review, the managing associate determined that the client qualified for financial hardship and the IRS offer in compromise program. Dickmann Tax Group was able to prepare an undeniable financial hardship argument and the tax debt settlement was accepted without any delay. Ultimately, Dickmann Tax Group secured a tax debt settlement of $100 against the client’s $20,000 tax balance, saving over 95% of her tax debt.
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