M&M Helps Hazlet NJ Client Reduce a $24,000 Civil Penalty

IRS Penalty Abatement Hazlet, NJ_Abatement

IRS Penalty Removal

M&M’s Hazlet New Jersey client had a total IRS tax debt of more than $50,000. A large chunk of the tax debt was a Civil Penalty due to failure to file W2’s with the Social Security Administration. M&M was hired to request the removal of the penalty and secure a resolution to the remaining balance in the form of a monthly Installment Agreement.

IRS Penalty Removal

We were successful in reducing the Civil Penalty from $24,576 to just $300!

Penalty Abatement $24,276 – M&M fee $2,950 = Client savings of $21,326.

And, our fee covers the resolution of our client’s remaining balance due to the IRS.

Call us at 866-487-5624 to find out how M&M’s Tax Resolution System can help you.

Tax Debt Help Wayne, NJ 07470

Click to see more M&M New Jersey back tax debt resolution examples.

Click to see more M&M New Jersey back tax resolution examples.

Owe Back Taxes? M&M can help. Contact us at 866-487-5624.

A young landscape design artist from New Jersey recently learned that playing by the rules and acting with integrity aren’t always rewarded. In 2008, his business was suddenly upside-down financially, as the Great Recession took hold. He also faced a mutiny of once loyal clients, who now regarded landscaping and yard maintenance as expendable luxuries. As a result he quickly amassed an out-of-control $58,260 State of New Jersey Division of Taxation (NJ-DOT) back tax liability.

Thankfully, this small business owner wisely brought the tax resolution experts at M&M on board to address his business’ swelling tax debt. We went to work immediately negotiating strenuously with the NJ-DOT and helping our client gain tax compliance. Two months later, and with our clients’ full participation in the process, M&M secured an affordable $1,134 per month Payment Plan that fit within his monthly budget.

If your own tax debt could use professional help, call us today. We’ll construct a winning plan tailor-made to suit your needs.

Tax Debt Relief Tips – New Jersey DOT

M&M Financial helps struggling taxpayers resolve IRS and New Jersey Division of Taxation liabilities. Call (866) 487-5624 to discover your options.

If you owe the New Jersey Division of Taxation, the following information may be of use to you.

• NJ-DOT Installment Agreements or Deferred Payment Plans generally extend up to 36 months and may require financial documentation for approval.
• In most cases, the State will not consider penalty abatement until the tax portion of the liability is full paid.
• New Jersey may use Pioneer Credit Recovery (PCR) or other private collection company to collect delinquent tax debts. A fee is charged to the taxpayer when PCR gets involved. The State is willing to remove the fee, in some cases, when the tax debt is resolved.

M&M Financial assists both businesses and individuals resolve their tax debts with both the IRS and State taxing authorities, including the New Jersey DOR. Take a look at some of M&M’s New Jersey client case examples near you.

Tel: (866) 487-5624
Email: info@mmfinancial.org
Web: mmfinancial.org