Jim had not filed returns for seven years. He was petrified of what lay in store for him with the IRS. Fortunately, the IRS had not caught up to him yet but it was only a matter of time before they would. Our firm worked to organize his business records and prepare a set of books for each year. After preparing and filing all his returns, we filed and negotiated an Offer In Compromise settling his delinquent tax liabilities for far less than he originally owed. Jim was glad to be back on track and out of debt with the IRS.
Small Business Owner Saves $15,000
January 4, 2010 by admin
Filed Under: Tax Problem Resolution Success Stories Tagged With: Business Records, Delinquent Tax Liabilities, Fortunately, Irs, Matter Of Time, Offer In Compromise, Organize, Seven Years, Small Business Owner
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