This particular client of ours had an IRS liability stemming from 2006 through 2015 Individual Income Tax that was approximately $66,000. Even though the client had sufficient funds in an investment account to pay the liability in full, the team here at BC Tax went hard to work with the goal to save this client as much as possible. After a thorough analysis of the case and hours of experienced and dedicated work, we were able to successfully negotiate an Effective Tax Administration Offer in Compromise in the amount of $1,350.00; saving them 98% of the original liability, or more simply… $64,000!

BC Tax Insights Team
Posted By: BC Tax Insights Team

Authored by the BC Tax Insights Team, this article reflects the collective expertise and experience of our seasoned tax professionals. The Insights Team at BC Tax comprises specialists with a deep understanding of various tax scenarios and solutions. With a focus on providing informative, accurate, and practical insights, our goal is to guide readers through the complexities of taxation and financial planning. Every piece is crafted with the intent to help individuals and businesses navigate the ever-evolving world of taxes, ensuring clarity and confidence in decision-making.