IRS Debt Settlement
N/AOUTCOME: $149,000 IRS liability reduction
Taxpayer was self employed and did not make estimated tax payments quarterly. After 5 years of self-assessing 1040 liability, and a combined tax debt of $150,000, the taxpayer approached me to settle t ... heir tax debt with the IRS. After submitting financials, numerous supporting documents, and agreeing on asset amounts, I successfully lowered settled the liability for $1,000.00
