PFG Tax or Phoenix Financial Group saved one of its client's tens of thousands of dollars via a penalty abatement.
The taxpayer had someone, their bookkeeper embezzled thousands of dollars from their business. This same person was in charge of making their Federal Tax Deposits and filing their 941 returns. The bookkeeper then hid the mail from the IRS so that the owners were unaware of her malfeasance.
When the crime was discovered, police reports were filed and ultimately the perpetrator arrested and jailed. However, this still left the business owing thousands of dollars in back 941 taxes.
The business hired Phoenix Financial Group (PFG Tax) to resolve their past due tax situation. An Enrolled Agent submit a penalty abatement request to get the penalties (and the interest on the penalties) abated. (The IRS will not abate interest on principal tax unless the balance accrued from IRS error). The abatement request was granted in full and the taxpayer saved tens of thousands of dollars.
Do you have a similar story? Have you experienced some other form of hardship? If so, you too may qualify for an abatement of penalties.
Phoenix Financial Group (PFG Tax) has enrolled agents and tax attorneys on staff who specialize in dealing with the collections divisions of the IRS. Give us a call at (888) 572-2179 to see if you qualify for a penalty abatement or other resolution.
Don't pay more than you have to. Let a tax professional assist you in resolving your past due taxes. Phoenix Financial Group has a A+ rating with the Better Business Bureau.
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