The taxpayer incurred tax liability with the IRS because she had an early distribution from her retirement account. We were able to take client’s account out of collections with the IRS and negotiate a partial pay installment agreement in the amount of $58 per month on a $333,000.00 individual income tax liability. Total savings if taxpayer stays current with payment arrangement: over $300,000.
Sign up for our newsletter and be the first to find out when exciting IRS news happens. Yes, exciting. We're really into taxes.