The following cases represent the type of matters that Orlowsky & Wilson, Ltd. handle.
Successfully settled $250,000 claim by IRS against client. The audit was initiated due to audit of taxpayer´s employer. Alan protested IRS finding at the audit level and, through negotiations with IRS Appeals officer, reduced the assessment to less than 5 percent of the claimed amount.
Estate tax audit of out-of-state decedent resulted in claim against the estate of $75,000 due to contribution issues, relative to joint-tenancy property. Audit was transferred to Illinois and successfully settled for 50 cents on the dollar.
Failure of clients to pay in excess of $100,000 in payroll taxes resulted in penalty against client in excess of $200,000. Upon submission of Offer in Compromise, and subsequent negotiations with IRS, client paid $25,000 in settlement and won release of all liens.
Upon audit of taxpayer´s business, IRS concluded that capital gain was wrongly classified and should have been reported as an ordinary income. Assessment was more than $30,000. Upon protest, the matter was settled at IRS Appeals for $7,500.
Recent error on individual tax return by referred client resulted in tax court litigation and assessment by IRS of $12,500. Claim was settled in short order for $2,500.
Client´s failure to properly file his tax returns resulted in IRS Tax Court litigation. Assessment by IRS was more than $25,000. Alan properly prepared all returns and settled the matter for $5,000.
Referred client had failed to file business and personal income tax returns for five years. IRS claimed tax due of $345,000. Upon proper and accurate filing of all tax returns, client received a refund.
Illinois Department of Revenue (IDOR) claimed that client (business co-owner) owed $36,000 in back payroll taxes. After helping client resolve disputes with former business associates, negotiated settlement with IDOR for $7,000 payment of back payroll taxes, or 19 cents on the dollar.
IRS audited client´s 2002 tax returns. Client, self-employed, had moved her office and lost all 2002 expense records. To support deductions on tax return, helped client reconstruct records and settled with IRS for $15,000 after estimating potential tax liability (including interest and penalties) at $100,000.
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