Tax Resolution Company, Phoenix Financial Group just got done resolving a client's tax problem and saved them hundreds of thousands of dollars via the IRS Fresh Start Program.
An Offer in Compromise was submitted for each officer of a now defunct company. The officers had been assessed over $800,000 via the IRS' Trust Fund Recovery Penalty. Each officer received Letter 1153 from their IRS Revenue Officer. Appeals were exercised to no avail. The Trust Fund Recovery Penalty was assessed and was now on each officer's Social Security Number. And Tax Liens were filed. Levies and Garnishments would be next.
An Enrolled Agent with Phoenix Financial Group was brought in to address the situation. A separate Offer in Compromise was submitted for each of the 3 officers. Form 433-A OIC Collection Information Statement for Wage Earners and Self Employed Individuals and Form 656 Offer in Compromise was completed on behalf of each officer. The first payment and application fee was submitted with the forms and the necessary supporting documentation. The Enrolled Agent then ensured that each Offer passed processability.
After waiting several months for the Offers to be assigned to an Offer Examiner the Enrolled Agent successfully negotiated the settlement of all three Offers saving the clients hundreds of thousands of dollars. Each officer could then move on with their lives having not faced financial ruin.
Do you qualify for an Offer in Compromise? The best candidates for this program are people with low asset values and low disposable income. Give Phoenix Financial Group a call to see if you qualify at (888) 572-2179.
Phoenix Financial Group is located in Broomfield, Colorado on Zang St. Theie web site is: www.pfgtax.com.
