Legacy Tax & Resolution Services

IRS Accepts Installment Agreement in Clovis, NM

IRS Accepts Installment Agreement in Clovis, NM   IRS Installment Agreement – 06-19-2017 Taxpayer Situation: Taxpayer owed the IRS for tax years 2010, 2011, and 2012. The taxpayer was current with the filing of all her tax returns. Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated an Internal Revenue Service Installment Agreement for a client in Clovis, […]

State Accepts Replacements For Substitute For Returns in Albuquerque, NM

State Accepts Replacements For Substitute For Returns in Albuquerque, NM   IRS Replacement of Substitute For Returns– 05-07-2017 Taxpayer Situation: As a result of the taxpayer’s failure to file returns, the State of New Mexico Taxation and Revenue Department filed several Substitute for Returns and assessed the taxpayer with $27,845 in over-inflated additional taxes. Resolution Outcome: Legacy Tax & […]

The IRS is Resuming Collection & Enforcement Activities That Were Paused During COVID-19

Article Highlights: IRS Resuming Collection & Enforcement Activities  IRS Has Started Contacting Taxpayers Who Have Not Responded to Prior Notices.  Taxpayers Not Responding Could be Subject to Liens and Levies  Beginning on July 15, 2021, the IRS will Start to Levy Taxpayer Assets  The IRS is reporting that it is resuming “certain collection and enforcement […]

IRS Released Levy in Artesia, NM

IRS Released Levy in Artesia, NM   IRS Levy Release – 04-17-2017 Taxpayer Situation: Taxpayer owed the IRS for tax years 2010, 2012, and 2014. The taxpayer was current with the filing of all her tax returns. Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated a Levy Release after a small balance due payment for a client […]

IRS Accepts Installment Agreement in Belen, NM

IRS Accepts Installment Agreement in Belen, NM   IRS Installment Agreement – 02-09-2017 Taxpayer Situation: Taxpayers owed the IRS for tax years 2001-2014. The taxpayer had outstanding returns for 2004 through 2009. Resolution Outcome: Legacy Tax & Resolution Services successfully prepared and filed outstanding returns and negotiated an Installment Agreement with the Internal Revenue Service for a client […]

IRS Accepts Penalty Abatement in Las Cruces, NM

IRS Accepts Penalty Abatement in Las Cruces, NM   IRS Penalty Abatement – 12-03-2016 Taxpayer Situation: Taxpayers owed the IRS in penalties for the tax year 2013, totaling $2,650. The taxpayers were current with the filing of all their tax returns. Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated a Penalty Abatement with the Internal Revenue Service […]

IRS Accepts Original Unfiled Returns in Hobbs, NM

IRS Accepts Original Unfiled Returns in Hobbs, NM   IRS Replacement of Substitute For Returns – 12-04-2016 Taxpayer Situation: As a result of the taxpayer’s failure to file returns, the IRS aggressively threatened to file Substitute for Returns and sent overdue tax return notices. Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated an Internal Revenue […]

IRS Reduced Installment Agreement in Albuquerque, NM

IRS Reduced Installment Agreement in Albuquerque, NM   Reduced Installment Agreement – 10-19-2016 Taxpayer Situation: Taxpayer owed the IRS for tax years 2008, 2010, and 2013. The taxpayer was current with the filing of all her tax returns.  The taxpayer found making the $685 monthly payments challenging and was one bad month away from default. Resolution Outcome: Legacy […]

IRS Accepts Release of Lien in Artesia, NM

IRS Accepts Release of Lien in Artesia, NM   IRS Release of Lien – 09-18-2016 Taxpayer Situation: The taxpayer had outstanding tax liabilities for 2011- 2013 in the amount of $57,457.  The taxpayer was current on all tax returns. Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated an Internal Revenue Service Release of Lien for a client […]

IRS Accepts Abatement of Penalties in Milan, NM

IRS Accepts Abatement of Penalties in Milan, NM   IRS Installment Agreement – 07-06-2016 Taxpayer Situation: Taxpayer filed multiple partnership returns at the request of IRS. The taxpayer had previously listed the result of the partnership returns on all prior personal returns filed.  IRS assessed the taxpayer with $12,475 in failure to file partnership returns for […]