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Abatement of Penalties

Penalty Abatement Accepted
Sequoia Tax Relief managed a personal tax liability of $87,000 owed to the IRS for an estate attorney in Clinton, North Carolina who was hired to represent a deceased man who passed away, and had previously been the victim of theft and embezzlement, leaving behind a large tax balance for the estate to address. We drafted and negotiated a Request for the Abatement of Penalties for the full abatement of all penalties and associated interest, saving our ‘client’s’ estate a total of $25,430.

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Offer in Compromise Negotiated

Offer in Compromise Accepted
Sequoia Tax Relief managed a federal liability of $40,000 for past due income taxes owed by a couple in Garner, North Carolina.  The Associate was able to negotiate a ‘Stay on Enforced Collections’ to protect our client’s assets while compiling all of the outstanding tax returns and other requested financial documents.  Once the financial condition was determined, we submitted an Offer in Compromise in the amount of $1,428.  This saved our client approximately $38,572.