The Yarborough Office Negotiates a Substantial Tax Reduction for a Company

Wednesday, 13 February 2013 05:41 by David Yarborough

A business owner owed $112,000 in delinquent payroll taxes.  His company struggled from hard economic times and had to make tough choices.  He came to The Yarborough Office when the IRS assessed him personally with these payroll taxes.  The Enrolled Agents a The Yarborough Office were able to get control of the IRS collection efforts, and work through a settlement strategy for our client.

The IRS settled the case for less than $10,000 - that's a $100,000 tax reduction!  The client is thrilled to have this behind him and move forward to living tax debt free.

Helping Solve payroll tax debt problems from Charlotte to Charleston!.  Give us a call today at (800) 270-8616.

Client Settled Large Tax Debt for a Little Thanks to The Yarborough Office

Wednesday, 3 October 2012 01:23 by David Yarborough

 More Good News!  Another client living tax debt free!

The Yarborough Office just negotiated a $230,310 reduction for a client! 

(September 2012)  A client came to The Yarborough Office owing $230,310 to the North Carolina Department of Revenue, from a failed business venture.  The State of North Carolina assessed a large outstanding business tax debt to him personally.  The Enrolled Agents at The Yarborough Office negotiated an Offer in Compromise with the State and settled his large tax debt for $5,000 - saving our client $230,310.  He has paid his Offer in Compromise in full and is now living tax debt free!

 

The NAEA Addresses Older Tax Provisions

Wednesday, 12 September 2012 23:50 by David Yarborough

In a recent press release announcement last month, the National Association of Enrolled Agents (NAEA), the organization that powers America’s tax experts, states they will focus efforts on tax code provisions that need reform. 

“The problem is that certain tax code provisions have been treated as ‘set it and forget it’ by Congress,” said NAEA Government Relations Chair Lonnie Gary, EA, USTCP. “Millions of Americans are paying taxes based on rules that were created in financial environments that no longer exist.”

Click here to read more at NAEA online.

At Yarborough Professional IRS Debt Solutions, our firm of specially selected senior tax consultants, including David Yarborough, are all former IRS employees who have helped thousands of people get a fresh start.  We clearly know the "IRS system" and how to make it work to your advantage.  It's not to late to stop the IRS.  Call us today at (800) 270-8616 and together we will figure out a solution that is right for you.

What to Do If IRS Issues a Tax Levy

Wednesday, 18 July 2012 00:16 by David Yarborough

We talk to many good people who are experiencing tax levies - wage garnishments, income levies, or bank levies.   Obviously they feel overwhelmed, unsure of what to do next, and fear there is no way out.  The IRS is powerful, and the uncertainty of their next move can create a tremendous amount of anxiety. 

A tax levy is a powerful tool for the IRS to collect delinquent back taxes owed.  Remember, the IRS is an unwilling lender.  The IRS and State Department Revenue agencies are creditors who have the authority to forcibly seize assets to clear up back tax debts.  Generally, the IRS will levy bank accounts and income sources. 

The taxpayer must be proactive to correct and avoid any tax levies.  The IRS will use different levy options because the taxpayer is unresponsive, or the taxpayer is not complying with what’s been asked of them.  It helps to know the IRS system, and collection process of the IRS and State to avoid any levy actions.   Important factors – taxpayer must be compliant with any required tax return filings, must be current with any required tax deposits, taxpayer needs to be proactive in addressing the tax debts… but cautious to best position themselves to successfully manage the IRS collection actions and avoid any IRS levies.

For over 33 years, our firm has built a reputation as a strong, reliable resource for people with tough IRS tax problems.  We act as an experienced advocate to proactively seek protection for our clients’ hard earned income and assets.  If you have received and Intent to Levy call us today at (800) 270-8616 and together we will figure out a solution that is right for you and those involved (family members and others).  

 

Find out more by reading IRS Levy Testimonials from Yarborough Professional IRS Debt Solutions.

 

Yarborough Elected as a Director on Board of NC Society of Enrolled Agents

Wednesday, 16 May 2012 01:06 by David Yarborough

David Yarborough, President of Yarborough Professional IRS Debt Solutions, has just been elected as a Director on the Board of the NC Society of Enrolled Agents.  Last week, Yarborough attended the 7th Annual Carolina Connection 2012 Convention and CPE Seminar held in Asheville, NC.  His board term is for 2 years.

 

Follow Yarborough Professional IRS Debt Solutions on Twitter!

Friday, 6 April 2012 01:49 by David Yarborough

We welcome you to our Twitter site!  Follow Yarborough Professional IRS Debt Solutions on Twitter.

 

 

Yarborough Professional IRS Debt Solutions is on Facebook!

Wednesday, 21 March 2012 01:26 by David Yarborough

Yarborough Professional IRS Debt Solutions is now on Facebook! 

Click the link to LIKE US!

 

 

TaxMasters Is Out of Business

Wednesday, 21 March 2012 01:06 by David Yarborough

Here is an excellent link from CNN that we want to share.

TaxMasters has announced bankruptcy and is out of business. Click here to read the CNN article about TaxMasters.
Many people have been promised great results (some of them falsely promised), and paid high fees...but never received any of the services promised.

At Yarborough Professional IRS Debt Solutions we have always done things the right way. We are a professional and ethical company made up of former IRS employees who know how to make the "IRS system" work to your advantage.

Beware of companies who advertise claims that sound too good to be true. Yarborough Professional IRS Debt Solutions will give you STRAIGHT TALK and REAL ANSWERS.