1-800-548-4639A recent client had several Substitute for Returns (SFR’S) filed on their behalf by the IRS; resulting in a balance owed of $79,058.38. We have been working with them since retained in 2015 on filing actual correct returns. However, due to the fact that the IRS had filed SFR’s, the processing of the actual returns became delayed.
Moreover, the client recently decided to sell their home and needed BC Tax to get the IRS lien discharged in order to proceed with the sale. Rather than waiting on the title companies, real estate agents, etc. to provide the requested documents, BC Tax worked directly with the IRS to expedite the processing of the lien removal.
BC Tax was able to get the returns successfully processed in time for closing bringing the balance to the IRS down to $6,104.85, saving our client $72,953.53!
Authored by the BC Tax Insights Team, this article reflects the collective expertise and experience of our seasoned tax professionals. The Insights Team at BC Tax comprises specialists with a deep understanding of various tax scenarios and solutions. With a focus on providing informative, accurate, and practical insights, our goal is to guide readers through the complexities of taxation and financial planning. Every piece is crafted with the intent to help individuals and businesses navigate the ever-evolving world of taxes, ensuring clarity and confidence in decision-making.
