How One Client Reduced Their Debt by 77%!

We Couldn’t Be Happier For This Client

Sometimes we like to highlight case results, and we couldn’t be happier for this particular client!

Coming into the case, our client had a tax debt of $60,013. After we worked with the client on their case, they now only have to pay $13,940! For the client, that’s a savings amount of $46,073, or 77%!

What makes the situation even better for the client is their new $200-per-month installment plan. The client can rest easy knowing their home and retirement accounts are protected. We prevented all bank levies and wage garnishments for them as well.

What will typically happen during a bank levy is the IRS contacts your bank about your current tax debt to start the process. After that, the bank will freeze your assets for 21 days, starting the day the bank receives the notice from the IRS. If the levy is not properly addressed, the bank sends the money from your account to the IRS.

With a wage garnishment, the IRS collects your wages without getting a judgment to do so. What makes situations like this even more troubling is that the IRS takes more than most creditors are allowed. Current tax law allows them to take a large percentage of your net income. In this case, we used several strategies to resolve our client’s tax case before the IRS was able to get their hands on any funds.

View the official IRS settlement document at LandmarkTaxGroup.com/Results. And if you have any questions regarding bank levies or wage garnishments, contact us for a FREE no-obligation consultation at (949) 260-4770 or help@landmarktaxgroup.com.

~ Michael Raanan MBA, EA, Former IRS Agent