All Press Releases for December 12, 2011
Bills Piling up on Top of Unpaid Tax Liability This Holiday Season? Jingle All the Way to the Blue Tax Offices to Help you Find a Resolution Today!
Oh what fun it is to ride with no tax debt today!
LOS ANGELES, CA, December 12, 2011 /24-7PressRelease/ -- Just when you're starting to get above water with your debt, something else gets piled on! That's life for you, whether it be an adjusted mortgage payment, a car repair, or alimony payments as it was for Blue Tax's client, Bill.
Bill (Powder Springs, CA) walk into to the offices of Blue Tax with a $21,000 unpaid IRS tax debt for 2006, 2007, 2009, and 2010. At the time, he was on a $175/month payment plan. The payment plan did not include the outstanding balance for 2010. Bill was not able to make the $175/month because he had a newly court ordered alimony payment of $1200/month.
The challenge for Blue Tax was going to be establishing a hardship program with the IRS for Bill and negotiating to put the liability for 2010 on hold before the payment plan defaulted and he was placed back in collections. The Blue Tax team took Bill's file and was off to the races!
Blue Tax was able to make contact with the IRS and successfully put a hold on Bill's tax liability for 2010. If a hold had not been placed on the 2010 tax liability, it would have defaulted the current installment agreement. After a hold was placed on the 2010 liability, Blue Tax started analyzing Bill's financials to see if he qualified for any programs offered by the IRS. Based on Bill's financials, Blue Tax was able to establish a Currently Non Collectable status (CNC) with the IRS whereby Bill's payments on his tax debt were suspended indefinitely.
In conclusion, Blue Tax was able to place a hold for the 2010 tax liability and get Bill placed in a hardship program (CNC). Bill can enjoy this holiday with one less debt payment to worry about, thanks to the experts at Blue Tax!
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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