We Reduced Tara’s Tax Liability By 50%
When our Atlanta client Tara received a notice from the IRS that she was being audited for her past two years of taxes, it was one of her worst fears come true.
“I broke out in a cold sweat,” Tara says.
Tara was a small business owner who did her taxes herself using the free online version of TurboTax. Alyssa quickly determined that she’d listed her deductions on the wrong schedule and included some things that weren’t deductible.
This caused the IRS to deny all her deductions for the past two years.
Alyssa assembled meticulous documentation, and connected Tara with a CPA who revised her tax returns so everything was listed under the proper schedule.
Even so, the IRS agent denied a large amount of Tara’s deductions.
So Alyssa filed an appeal, and met personally with the IRS agent. She brought a sample of Tara’s product with her and demonstrated why each deduction was necessary.
In the end, Tara got her tax liability reduced by 50% in the appeal and significant reductions in her interest and penalties.
“I don’t feel like I could have gotten to where I am now without Alyssa,” Tara says. “I’m very happy with the results and would recommend her 200%.”
A $300,000 Tax Bill Reduced By 90%
For over ten years, Hyun-mi and her husband ran a beauty supply store together. He was in charge of financials and when he passed away, Hyun-mi and her daughter Seo-yoon were left with some big challenges.
The store had few assets after several years of declining sales, and it owed more money than it made.
Hyun-mi and Seo-yoon were only beginning to realize the extent of the financial issues when they got a notice in the mail from the Georgia Department of Revenue: they owed over $300,000 in sales taxes.
Realizing how limited the store’s assets were and that the Georgia Department of Revenue wasn’t targeting Hyun-mi’s personal finances, Alyssa filed an Offer in Compromise.
The process took only one day and the tax bill was reduced by 90%.
“We would advise anyone in the same situation to work with Alyssa,” Seo-yoon says. “She will work very hard and quickly to resolve your tax problems. We highly recommend her.”