LOS ANGELES, CA, July 05, 2011 /24-7PressRelease/ -- It is extremely common these days to owe a large sum in back taxes. Even if you've worked out a payment plan with the IRS, the payments can become more than one can manage, especially given this economy.
This is the situation Albert (Jeffersonville, Indiana) was in when he contacted the offices of Blue Tax. Albert was on an IRS payment plan for $400/month to pay back $18,000 worth of back tax debt. This payment plan was too high as including this payment in his monthly budget meant that he was unable to maintain his reasonable standard of living.
Blue Tax sat Albert down and set a goal of getting him on a payment plan that reflected his financial analysis or getting him on Currently Non-Collectible (CNC) status. They also explained to Albert that keeping him out of collections during the entire process would be a challenge, but let him know that a challenge is what Blue Tax lives for!
The Blue Tax team went to work. They called the IRS to plan out steps for resolution. They negotiated a sixty-day collection hold. This served two purposes: it gave them enough time to prepare all necessary documents and it allowed the client not to have to make his $400/month payment. The Blue Tax team then sent the client their financial questionnaire. Once he sent it back, they had his full financial analysis prepared within a week. They then began preparing the client's supporting documents for the final IRS call. After they collected and organized the client's supporting documents, they made their final IRS call. Blue Tax was successful in proving the client's inability to pay back his IRS debt.
This success meant that the client's reasonable standard of living was no longer being compromised by a $400/month payment plan. Albert was so thrilled that when he was asked to rate the Blue Tax services, he rated them an 11 out of a possible 10 points!!
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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