All Press Releases for September 12, 2011

Just When You Thought You Were Safe...Old Tax Debts Always Catch Up With You!

The IRS knows what you did last April!



    LOS ANGELES, CA, September 12, 2011 /24-7PressRelease/ -- As the saying goes, two things that are a sure thing in life: Death and taxes! It's not uncommon for an old tax bill to sneak up on you and, the next thing you know, Uncle Sam is knocking on your door for the payment...plus interest and penalties.

Deb (Kingston, NJ) found herself in such a predicament when she called Blue Tax for help. Deb had a $10,000 tax liability to the State of New Jersey for the tax year of 1990. She and her family lived in Minnesota but were assessed liabilities, almost entirely comprised of penalties and interest, in the state of New Jersey. The liability had been accruing from a $201.00 dollar tax bill that was supposedly never paid. After 20 years of accruing penalties and interest, her total liability had ballooned to just over $10,000 dollars!!

The challenge for the Blue Tax team was to successfully obtain a collection hold and prevent collection action while preparing and submitting Deb for an Offer in Compromise to reduce her liabilities to a value she could afford. This endeavor would not be easy but then great things in life never are and Blue Tax was up for the challenge!

The team at Blue Tax was able to successfully provide complete protection for Deb, preventing all possible bank levies and any wage garnishments that may have been implemented by the Revenue Officer. After negotiating with the State of New Jersey, Blue Tax's skilled Tax Team was able to settle the total amount of her liabilities by 75%, enabling this client to pay off her tax liability and settle a 20 year old tax matter!

Blue Tax was also successful in stopping all threatening letters and correspondence from the Internal Revenue Service. Deb was extremely impressed with the amount of work and professionalism provided by Blue Tax and will recommend their services to anyone in a similar situation.

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.

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USA
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