Client Finds Relief from $167,000 Monthly Levy

Omni Financial was able to help a disposal company find relief from a $167,000 monthly IRS levy.

Struggling to stay open, the client was forced to borrow money from any available sources to fund operations. Even after the client paid the IRS $1 million, the Revenue Officer continued to collect levies in excess of an additional $1 million within 6 months. With a liability of $471,700, decreasing exponentially through wrongful levies, the company hired Omni as a last resort.

The client’s prior representative was a retired Revenue Officer who had trained the officer assigned the file. When the IRS misled the client to believe the levy notice was continuous, the client’s prior representative did nothing but collect retainer updates and declare there was nothing he could do about the enforcement action.

During Omni’s initial conversation with the Revenue Officer, they were able to negotiate the release of all but two levies without even sending any documentation. Through a week of negotiations with both the Revenue Officer and Group Manager, Omni was able to see all levies released.

The client is now on an Installment Agreement for $20,000 while obtaining financing to fully pay the liability. The immediate savings was $147,000 monthly.

Are you facing a steep IRS levy? Contact the professionals at Omni Financial today for more information about your options for dealing with back taxes.