IRS Tax Mediators for debt and tax liability in Texas and US

Tax Mediators for Texans has represented individuals, families, and businesses from all walks of life and areas of business discipline. The following examples typify the types of results obtained. However, note that an initial interview is required to determine the likelihood of success, before the firm is engaged on a case.

Criminal Defense Lawyer - Business Recovery Agreement Negotiated on $65,000 in Payroll Taxes and Personal Income Taxes

Tax Mediators negotiated an arrangement in which IRS ceased Collection enforcement actions against the lawyer, and allowed an affordable payment plan which permitted the lawyer to continue the law practice. This situation demonstrates the importance of introducing basic business discipline to a law practice and personal finances.

Trial Lawyer - $380,000 settled for $148,000.

Lawyer expanded contingency-fee law practice into another city, and was unable to stay current on withholding (payroll) taxes due to excessive and unexpected overhead costs of the new operation. IRS accepted the Tax Mediators' proposal for the lawyer to accept personal responsibility for the settled amount, with a condition that the lawyer will stay current on all future tax obligations. This was made possible by closing the office which caused the negative cash flow in the law practice.

Realtor - $140,000 settled for $28,000.

A couple had been engaged in the real estate business for many years but suffered business reverses, and missed their payroll tax deposits repeatedly while trying to save their business. IRS filed tax liens, which crippled the business. Tax Mediators for Texans filed an Offer in Compromise which was accepted by the IRS. Federal Tax Liens were released and the couple was able to revive their realty business.

Attorney - $200,000 settled for $6,000.

An attorney had not filled several prior years of income tax returns, and no significant payments had been made to IRS. The client was guided through the steps of filing the returns under Tax Mediators for Texans' direction, and an Offer in Compromise of $6,000 was accepted by IRS for the $200,000 due. Federal tax liens were released and the client got a fresh start in life.

Electrical Contractor - $210,000 settled for $4,000.

An electrical contracting business failed during the early 1990’s due to a construction business slowdown. The proprietor and his wife were left with over $100,000 of income tax debt and over $100,000 of business withholding tax debt. After several years of very distressed living conditions, the client retained Boyd & Johnson. IRS accepted the $4,000 settlement offer, released all tax liens, and the client has begun a new and successful contracting business.

Automobile Collision Repair Center - $210,000 settled for $23,000

IRS agreed to allow the corporate president to collapse his corporation and continue business operations as a sole proprietor. IRS settled $210,000 in withholding taxes for $23,000. IRS did not assess the “Trust Fund Penalty” against the corporate president. The client is now proceeding with his business, relieved of the huge tax debt that he could never repay.

Sports Figure - $1,700,000 settled for $18,000.

A sports figure was advised to use tax shelters and other tax avoidance methods prior to retaining Tax Mediators for Texans to reduce taxes on a very large income. IRS challenged these devices and assessed very large tax liabilities. The individual lost the ability to produce a large income, and had to retrain himself in another occupation, at a greatly reduced income. He and his family have a fresh start – and much less stress.

Attorney – Recovery Agreement Negotiated on $90,000 in Income Taxes

IRS agreed to a comprehensive arrangement which permitted renegotiation of home loan, no filing of the Federal Tax Lien, and a repayment plan for the taxes. This allowed the law practice to continue, no public lien or notices were filed, and finances were stabilized.

Metal Fabrication Plant – Recovery Agreement Negotiated on over $300,000 in withholding taxes.

Tax Mediators for Texans negotiated a pullback by IRS from their intention to close the business. The corporation is now current on all taxes and is paying the taxes on a schedule that they can handle.

Plumbing Contactor - $150,000 settled for $5,800.

Proprietor got behind on income and withholding taxes. Settlement with IRS gave his family a new start on life.

Attorney - $600,000 settled for $103,000.

Trial attorney had not made estimated tax deposits for several years on significant income. Illness and other factors subsequently reduced income and the unpaid taxes became an impossible burden. Real estate equity was cashed out and IRS accepted the proceeds in settlement of the $600,000 for $103,000.

12770 Coit Road, Suite 902 . Dallas TX 75251
Phone 972-960-8900 . Fax 972-395-3838