According to the Internal Revenue Service, Mr. Henry K. owed back taxes over $30,000. Henry was retired and the only income he had was his Social Security pension of $700 a month. The IRS enforced collection and was taking $400 a month from his pension. This forced payment was not enough to cover his expenses and penalties, so his tax debt was increasing every month. Previously to contacting me, he had consulted and paid another CPA for a year service that did not resolve Henry’s tax problem. A client of mine referred me to him. He was hopeful, so he hired me to get rid of the IRS collection. I did my due diligence and determined that the problem started 25 years ago, and that I could get the IRS off Henry’s back. After a year negotiating with the IRS, they accepted my position that the Henry did not owed any taxes and they had to refund Henry for taxes over collected from the IRS. I was able to get the IRS to refund Henry for his overpayment. Henry could not believe me when I called him to inform him the IRS was not going to continue taking money from his SSA pension, and additionally he was going to receive a refund check in the amount of $17,789.

Mark operated a travel agency an many of his customers paid in cash. The IRS audited his records for the last three years and assessed additional income taxes, penalties and interest in the amount $324,733. When Mark visited Joseph Valle, CPA, he was desperate and had no idea what to do to pay the IRS. Joseph took the case and took the case to the appeal level. Jose review the suggested changes by the IRS auditor and found many errors in the calculations and methodology. The auditor did not accept the corrections proposed by Joseph, so he requested a Collection Due Process Hearing to discuss the case with an Appeal Office. After presenting and discussing Joseph’s finding the case was returned to the Auditor to make the corrections as proposed by Joseph. It took one year negotiating back and forth, so at the end Joseph had the auditor to agree to settle for $7,000, for a savings of over $317,000. Mark came back emotionally from a very dark place to a happy live again.

Anthony had a Real Estate Broker business. He provided mortgage and real estate services. After a few years of business success, the economy took a plunge and the real estate and mortgage market crashed and this affected millions of people to the point many homeowners could not keep their homes. The properties lost their value overnight. The business was really bad. It appeared no one was buying homes anymore. So, Anthony closed the business and took a sabbatical. He took his family and traveled for a few months, and when he returned home, he found an empty house. While Anthony was away from home, the IRS audited his tax returns. Anthony was not aware of this audit, so he did not show up for the appointment with the IRS auditor, so the IRS sent two more letters to Anthony, and again he did not show up or responded to the IRS letters. The result of this was that the auditor disallowed all the business expenses Anthony had claimed in his tax returns. Eventually Anthony received an assessment letter claiming he owed $107,000, for tax increase, penalties, and interest. Joseph took the case as a tax resolution and filed an Offer in Compromise and settled the tax debt for $1,000, for a tax savings of over $106,000.