The taxpayer incurred a tax liability with the IRS as a result of an audit. The IRS assessed him additional penalties and interest on top of the principal balance. StopIRSDebt.com negotiated abatement of penalties for failure-to-file and failure-to-pay and related interest, thus reducing taxpayer’s balance from $64,000 to $29,000. We put the remaining balance of $29,000 on a partial installment agreement of $250 per month.
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