Client on CNC Status Hires our Law Firm to Negotiate OIC

Posted 1/30/2009 1:30:16 PM

Mr. Macon of Asheville, NC was already in Currently Not Collectible (CNC) status when he hired the law firm in December 2007. He hired us to negotiate a settlement of his $46,000+ tax debt. Initially, he had multiple years worth of tax returns to get filed, but once those were taken care of we were able to negotiate an Offer in Compromise (OIC) with the IRS on his behalf.

“In February 2008, we still had not received Mr. Macon’s tax transcripts from the IRS, so I conducted a liability check,” notes tax attorney John Wetenkamp. “I called the IRS and they informed me that he owed for 2000 and 2001 and that he was fully compliant—meaning that all necessary tax returns were filed. We then filed his OIC with the IRS in April 2008. The IRS responded three weeks after we filed the offer, and had serious questions as to how client was making ends meet. The IRS was also focused on the possible contribution of other non-liable members of the household. Fortunately, Mr. Macon responded in a forthright and prompt manner. I believe, in the end, this is part of the reason the IRS agreed with our original offer amount of $380.”

“I would like to thank all of you from the bottom of my heart,” notes Mr. Macon. “The whole firm was nothing less than consummate professionals; you handled my case as though I were a heavy-hitter, instead of the regular ‘Joe’ that I am. You saved me $46,000, and for that I am truly grateful.”

“I had seen the myriad of tax relief advertisements on TV,” continued Mr. Macon. “I figured they were all bogus. However, everything your representatives said would happen did. I am indebted to your firm for your help and the amount of stress you have alleviated is a godsend.”