Tax Tip Tuesday: Dealing with the IRS

Travis W. Watkins Tax Resolution and Accounting Firm discusses a client's story of how he was running a successful business, but ran into financial hardship with the IRS. He had years of not paying his payroll taxes and the IRS decided to come after him personally. They levied his bank accounts, put liens against his properties, and even came to his home and offices. With penalties and interests accruing, he had a total tax debt of $1.3 million when coming to Travis Watkins' office. This was a very difficult time for his family and his business. Once we were able to successfully negotiate a customized actionable plan, our firm settled his entire tax debt for just $8,000!