The Most Tax Debt We’ve Ever Seen
This client was hit with a $2.6 million tax bill from the IRS… All because they didn’t file 1099s for their subcontractors. Yes, you read that right — $2.6 million! They were audited and penalized for not reporting their payments correctly. The IRS disallowed ALL their subcontractor expenses and dropped a massive assessment on them. […]
Avoid a Tax Lien: Pay SMART
Listen up! If you owe the IRS don’t let your tax debt hit $10,000. Once you cross that threshold the IRS slaps you with a tax lien, wrecking your credit and making it nearly impossible to buy a house, get loans, or even secure certain jobs. Here’s how to stay under the radar: 1. If […]
Does owing the IRS feel like highway robbery?
If you’re drowning in tax debt, you’re not alone. We’ve helped thousands of taxpayers negotiate down their tax debt using the IRS Fresh Start Initiatives. We can help you, too. – > Recently, we helped a client (professional musician) turn his tax nightmare of $444k in tax debt into a $100/month payment -> Another client, […]
