IRS v. SM

Jan 01, 2011

OUTCOME: client received $2500 refund instead of owing 60,000 and facing a tax lien

Elderly client did not file tax returns from 1999-2005. IRS filed substitute for returns and assessed $60,000. Also placed levy on client's federal pension. Client received notice of intent to file lie ... n. Filed collection due process, filed all returns except 1999, discovered they all needed schedule D"s, and discovered the IRS actually owed her money. She received a $2500 refund from her 2003 return. This occurred in 2011.