Family Living Tax Debt Free Thanks to The Yarborough Office

Thursday, 1 November 2012 23:53 by David Yarborough

The Yarborough Office just negotiated a $432,262 tax reduction for a client and now this family is happy and living tax debt free!

A young self-employed contractor was audited by the IRS and assessed an additional $345,820 in tax liabilities.  The North Carolina Department of Revenue (NCDOR) assessed him $89,723 in additional tax liabilities.  He and his family were devasted.  Enrolled Agents at The Yarborough Office controlled collection activities, kept him protected and negotiated settlements for both the IRS and NCDOR tax debts.  The IRS case was settled for $2,400 and the NCDOR case was settled for $881 - that's a $432,262 tax reduction! 

 

 

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!