Case Studies
Imagine getting a notice from the IRS with a balance due of $77,000. Now, imagine having that debt resolved by making one payment of $1,068!
This was the case with one of our clients.
Years of tax debt, unaffordable payment plans, and her own guilt and shame contributed to many sleepless nights and stressful days. She reached out to Counting Pennies after hearing about our Tax Resolution Program. We negotiated with the IRS on her behalf, and they agreed to forgive the $77,000 tax balance if she made a one-time payment of $1,068. She made the payment and shortly thereafter received confirmation that her tax debt had been successfully resolved.
No more sleepless nights for this client. She is ELATED and RELIEVED beyond words.Years In Debt: 7
Filing Status: Single
Number of People in Household: 1
Annual Income: $37K
The founder of a 7-figure tech company came to us with a unique tax resolution case. Like many Americans, he had a deeply ingrained fear of the IRS. This fear led to feelings of stress and dread at even the mention of taxes, leading him to avoid opening his IRS mail for months and even years at a time. When he came to us, he had not filed tax returns for 10 years.
His worst fear was realized when he came face-to-face with his $1.4 million tax balance. We immediately entered negotiations with the IRS to lower his tax liability. Much to his relief, we were able to enter him into a payment arrangement with the IRS that will save him over $800,000 during the next 10 years.He will receive ongoing support through our maintenance program now that he has resolved to remain current and compliant with his tax filings.
Years In Debt: 10
Filing Status: Married Filing Joint
Number of People In Household: 4
Annual Income: $1.2M
