- Products & Services
- Knowledge Base
LOS ANGELES, CA, June 06, 2011 /24-7PressRelease/ -- More and more common is the situation taxpayers are finding themselves in these days whereby they haven't filed tax returns in years and Uncle Sam comes a'callin'. Sometimes, these taxpayers will try to beat the IRS to it by filing late returns before they receive the dreaded Substitute for Return (SFR) that the government will file on your behalf should you fail to file.
Ernest (Frewsberg, NY) came to the Blue Tax offices with the news that he had not filed a return since 2003 and wanted to prepare and file all back returns before the IRS assessed a Substitute for Return on him. The experts at Blue Tax knew that successfully negotiating payment plans for both the State and the IRS would insure that the client could comfortably pay back what he owed.
So, the Blue Tax team went to work. First, they faxed the Power Of Attorney paperwork to the IRS. Then, they made the initial call to the appropriate contacts at the IRS offices to map out their plan for resolution. They then sent out their financial questionnaire to the client, which he promptly returned. Upon receipt of the welcome packet, Blue Tax finished the client's complete financial analysis. Once the client had returned the Power Of Attorney paperwork for New York to the team at Blue Tax, they immediately faxed it to the State and made that initial call as well. They had the client send them the 2003-2008 returns, which were then reviewed by Blue Tax and mailed to the IRS and the State of New York.
Once the returns all posted in the IRS and State systems, Blue Tax followed up with each entity. They were able to negotiate two very low payment plans for each entity, which did not threaten the client's reasonable standard of living. In the case of the IRS, Blue Tax was able to circumvent any liens being placed on the client's accounts by negotiating a payment plan with the IRS without presenting his financials. The client was worried about collection activity but Blue Tax was able to offer him peace of mind, assuring him with confidence that he would not be threatened by collections. Ultimately, Ernest slept easier knowing that he was current on his filed tax returns, knew what he owed and that he could afford the payments.
For more information about Blue Tax and its ability to help taxpayers resolve their tax problems, please visit www.BlueTax.com or call (888) 310-5858 for a free confidential consultation.
# # #