The clients were attempting to set up an acceptable payment plan with the IRS but were not successful due to the IRS’s lack of response. We were hired to negotiate agreeable terms with the IRS and reduce the penalties the IRS placed on their debt. Upon being hired, we stopped all collections from the IRS and began work negotiating the terms of a payment plan. However, our review of the clients’ financial condition indicated they had no money left over after all their necessary living expenses were paid each month. Dickmann Tax Group adapted the strategy and proved to the IRS that the clients were not able to pay the debt back. As a result, the IRS recognized the clients are in a full financial hardship status and are not-collectible. The clients will not have to pay their debt back to the IRS while in hardship. They can now concentrate on their lives and stop worrying about the IRS collecting on their debt.
Obviously all tax situations are different, however if you would like to learn more or schedule time to discuss your own tax issues, please click here and we would be happy to assist you.