Client Testimonials

Aspen Accounting & Financial Services delivers results and relief in many ways. The following are just a few examples of taxpayers who have benefitted from our flat fee guarantee, and our wide variety of back tax accounting and debt management solutions

Offers in Compromise:

• A Colorado man had his entire IRS tax debts settled for $10.00, and his state tax debts settled for $10.00. (click to see our proof)
• An Ohio woman was able to reduce her $34,000 business tax debt for $8,000.
• An Alabama Businessman had a $250,000 corporate tax debt settled for $80,000.
• Another Colorado man settled a $45,000 business tax debt for only $340.82

Currently Non-Collectible Status:

• A Pennsylvania Businesswoman was placed into a non-collectible status with the IRS for a tax debt of over $40,000. We were also able to significantly reduce her state taxes which resulted from a personal assessment of business taxes owed by her old corporation.

Accounting Solutions:

• A Colorado man contacted us with a $30,000.00 tax debt and a short deadline with the IRS. We reviewed his returns, and found that he could save a significant amount by filing amendments with the taxpayer as head of household, as opposed to single. With the other deductions we were able to claim, his liability was reduced to less than $6,000.
• A Colorado woman filed her 2005 and 2006 tax returns to discover a $20,000 IRS tax liability, and needing a more affordable payment plan. After a quick review of her returns, we found several stock-option items had not been filed correctly on both returns, and we could reduce the penalties from the early withdrawal of a retirement account for the purchase of her home. After filing amendments, she owes only $8,000 with the IRS and saw a similar reduction with the Colorado Department of Revenue.
• A Colorado businessman had not filed in several years. The IRS assessed him with balances totalling well over $500,000 (and only addressed a few of the missing returns). After filing all tax returns, his balance was reduced to approximately $150,000, and a reasonable payment plan was established to pay the debts gradually.

Installment Agreements:

• A Washington man established $30.00 minimum monthly payments on a $6,000 IRS tax liability, freeing him up to make more substantial payments in the future, and use his tax refunds to offset the liability.
• A Kansas business owner was assessed nearly $40,000 with the State of Kansas, who continually pressured him into agreeing to monthly payments of nearly $2,000.00. Within a few weeks, we had secured a $500.00 long term payment plan that he could afford, and established an IRS payment for even less.
• A Virginia Corporation with Withholding Tax balances in excess of $275,000 was granted a Partial Payment Installment Agreement of only $2,750 per month. After a few years, no more payments would be required, and the taxpayer's remaining debts would become uncollectible.

Other Strategies:

• A Utah Partnership owing over $300,000 in employment tax liabilities was pressured for full payment with the threat of business closure from a Revenue Officer. By working to establish compliance, and by conducting a detailed financial analysis and future projected income, the taxpayer secured enough time to continue business operations and find investment monies and loans to satisy their back-tax debts.
• A Texas man with over $150,000 in back income taxes was able to see that balance reduced to $36,000 by incorporating an informal payment plan that accomodated for expiring collection statutes. This balance will be further reduced in late 2008 as additional periods expire.