- April 20, 2021
Anthony R. operated a business service company and a real estate company. Anthony had to close his businesses due to a crash in the mortgage and real estate industries. Due to this, he decided to take a long break from work. When Anthony and family came back home, they found their home empty due to a burglary. Everything was taken, including the filing cabinets with his tax returns and the documents to support his tax deductions. While Anthony was away from home, the IRS had sent him an appointment to discuss a tax return filed 3 years back. He was not aware of this situation. A year later, he received a letter from the IRS reporting a tax assessment claiming Anthony owed about $65,000. He was not working and did not contact the IRS. Two years later his taxes went up to $107,000. Joseph CPA took care of this case and filed an Offer in Compromise and settled the tax assessment for $1,000 and saved Anthony about $107,000. This is not the typical case, but Joseph, a Certified Tax Resolution Specialist have done a few.