The answer is finding out your tax returns were done incorrectly or the IRS is wrong and you are actually getting a refund.

An Offer In Compromise is not always the best solution for a client, often upon review of their tax returns we find that amending the return is the correct solution, that is why facts need to be examined before a solution is determined.

Harold B writes.

I made the biggest mistake of my life using X & X BxxxK online tax preparing services even with their expert help and guaranties. I paid out over $50,000.00 in State and Federal taxes in 2007 and owed about the same for 2008. I wasn’t able to pay 2008 due to the losses incurred by the bank failures and all my stock being liquidated due to unanswered margin calls. I spent the following year trying every type of loan application only to be turned down everywhere when one day it happened. our joint checking account had been wiped out. every account had been levied including a savings account my wife had opened for our grandson. The State tax office took $315.00 from a five year old! My last resort was to try to make a deal with the government to satisfy their demands and get them out of my life. I surfed the web and the first attempt at finding help was with IRS/State Tax Relief. Within the hour a received a call from Jeff who explained the whole process to me in such a calm and re-assuring voice that put me at ease right from the beginning. after faxing all the copies of my tax returns for the past two years i received a call from Jeff with the most shocking and exciting news of my life. It seemed that my returns for both years were done incorrectly and I actually overpaid for 2007 and was entitled to a return for 2008. from what seemed like a $50,000.00 tax liability I was going to receive over $100,000.00 IN RETURNS! You can best believe all my prayers have been answered thanks to Jeff and Ai Ling and they’ll be the ones doing all my returns from now on.

In 2001, I made a carreer change that also changed my tax filing status from a company employee (W-2) to an independant contractor (1099). This means that I was now responsible for saving part of my income in order to make quarterly payments to the IRS. Well, I was enjoying this new income that wasn’t being taxed (yet), and all along , I had every entention of making my tax obligations. It just seemed that something would always come up that I would rather spend the money on. “I will start next month,” I would say to myself, and “next month” never got here. This went on for about five years without a word from the IRS. Then, I finally decided to do something about it, and quickly learned that I was so far into deabt to the government that I might not ever recover (penalties and interest add up FAST!). I filed my returns and tried dealing with it on my own, but I was no match for my debtors. They wanted ALL of their money, RIGHT AWAY…..and if I didn’t have it, they were going to take everything I brought in until it was paid for.

Then I surfed the web to learn more about my rights, and in doing so, I came across numerous sites were companies claiming to have the solution. I responded to a few of them and soon found myself speaking to several “used car salesman” like personalities who were promising to reduce my liabilities to “PENNIES ON THE DOLLAR”. They immediately made me uncomfortable and I was quick to end the conversations (thank god). Then I got a call from Jeff, at IRS & State Tax relief Associates. I knew instantly that he was different from the ones previous. He answered only the questions that he could respond to honestly, saving the rest for when he was familiar with my case. I decided to move foward by obtaining his services and I know now it was one of the best decisions that I have ever made. I left it all up to him and his associates and they really came through. Not only did they get the levy lifted, but they negotiated a monthly installment plan that is easy for me to pay. It was honestly like a breath of fresh air. I can once again sleep through the night and focus on what it is that I do best, rather than constantly worrying about what might happen to me and my family.

If there is anyone in a similar situation, I would certainly give Jeff a call. These guys are professional, respectful, they follow up, they take pride in what they do, and best of all…..they care.

Jamie
Corpus Christi, Texas