IRS Accepts Offer in Compromise Replacing a Currently Not Collectible Status in Tacoma, WA
IRS Offer in Compromise Replacing Currently Not Collectible Status – 01-03-2015
Taxpayer Situation: Taxpayers owed the IRS for tax years 2004-2012, totaling $102,451, and had gotten a Currently Not Collectible Status (CNC) approved with another tax resolution firm. The taxpayer was current with the filing of all her tax returns. Taxpayer wonder why her outstanding balance continued to grow.
Resolution Outcome: Legacy Tax & Resolution Services explained the difference between an Offer in Compromise (a permanent settlement) and a CNC (a band-aid under the wrong circumstances) and successfully negotiated an Offer in Compromise with the Internal Revenue Service for a client in Tacoma, WA. Legacy Tax & Resolution Services negotiated a permanent settlement of $15,468.
Total Savings: $92,600
If you need help negotiating with the IRS or State, don’t hesitate to contact Legacy Tax & Resolution services at (855) 829-5877.