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Platinum Tax Defenders Successfully Reduces Client’s Tax Debt From Over $140,000 to $100 In Record Offer-In-Compromise Deal
  • USA - English


News provided by

Platinum Tax Defenders

May 07, 2019, 04:45 ET

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LOS ANGELES (PRWEB) May 07, 2019 -- It’s rare that an offer-in-compromise settlement can be reached with the IRS that reduces the amount of back taxes owed by an individual by over $140,000. In fact, according to SuperMoney.com, in 2017 the IRS accepted only 25,000 offers of the 62,000 received, totaling nearly $256 million. But this translates to a merely 40% acceptance rate, and more than 50% rejection rate.

The tax resolution experts at Platinum Tax Defenders were able to beat the odds and recently successfully reached an offer-in-compromise deal with the IRS for a client that brought down their client’s tax debt from $146,996 to only $100 – a drastic decrease in the total amount owed for the client.

“We understand the incredible financial burden that having a tax debt as high as our client had can bring to one’s family and overall life,” says Sherri Gastelum, CEO of Platinum Tax Defenders. “Our team worked tirelessly and diligently to negotiate an offer-in-compromise deal for our client that would not only improve their current tax debt situation but help set them up for a better financial future. We all run into tax trouble at some time in our lives, but at Platinum Tax Defenders we believe that everyone deserves a second chance.”

Offer-in-compromise is a deal set forth by the IRS that makes it possible for taxpayers to settle their tax debt for less than the full amount they owe. This is a legitimate option for those for whom paying their tax liability in full would create a financial hardship. According to the guidelines provided by the IRS, OIC is generally not offered if the IRS believes that the taxpayer who carries a back tax debt would be able to pay off the amount owed in one lump sum, or in with a reasonable monthly payment installment agreement.

The tax relief professionals at Platinum Tax Defenders have been helping clients across the country in settling their tax debts for over 20 years. In just 11 successful offer-in-compromise cases, Platinum Tax Defenders have effectively prevented their clients from the burden of paying a combined over $670,000. Collectively, those clients only had to pay less than $9,000 in total.

Unfortunately, many taxpayers are not generally aware of the opportunities that the IRS makes available to help them in paying back their tax debt. If you, or someone you know, is struggling to pay back their tax debt and could be at risk of having to pay more than they can afford, or worse, contact the professionals at Platinum Tax Defenders today. They have years of experience in successfully helping their clients reach settlements for their tax debt that are comfortable for them and will not send them into even more financial debt.

Platinum Tax Defenders is a full-service tax resolution firm that offers help and guidance to taxpayers who owe back taxes. The Platinum Tax Defenders team includes tax attorneys, IRS enrolled agents and CPAs, all of whom are knowledgeable and experts in tax negotiations with more than 20 years of experience. They work closely with their clients to determine the best strategy for helping each individual pay off their back taxes for good. For more information, or to schedule a free consultation regarding any concerns over tax debt relief, call 1-800-991-3242, or visit http://www.platinumtaxdefenders.com.

Sherri Gastelum, Platinum Tax Defenders, http://platinumtaxdefenders.com/, +1 (805) 416-1638, [email protected]

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