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IRS Tax Help: Successful Offer in Compromise Allows Client to Get His Life Back

A woman who was a tax protestor came to Omni Financial for help with an Offer in Compromise after accruing almost a quarter of a million dollars in IRS tax debt. Omni submitted an Offer in Compromise for $14,500, and spent a full year negotiating before finally reaching an agreement with the IRS to settle the matter for $15,000, saving this client almost $235,000.

You can read the entire story: Offer in Compromise Lifts Heavy Burden off Retiring Woman or take a look at the rest of our Tax Relief Success Stories.

For more information about our tax debt relief services, fill out a contact form or call 1-800-540-0433.

Tax Debt Relief: Successful Offer in Compromise Allows Client to Get His Life Back

A client owing almost $135,000 came to Omni Financial for help his federal and state Offers in Compromise. Unfortunately, the state had rejected the Offer in Compromise, saying it was too low. Omni negotiated with the state, getting them to agree to place the client in uncollectable status.

The IRS took a little bit longer to review the Offer because they found several vehicles in the client’s DMV records that Omni was unaware of. However, with Omni Financial’s help, the client was able to finally see his Offer in Compromise accepted, saving him over $117,000.

You can read the entire story: Successful Offer in Compromise Allows Client to Get His Life Back or take a look at the rest of our Tax Relief Success Stories.

For more information about our tax debt relief services, fill out a contact form or call 1-800-540-0433.

Tax Debt Relief: Client Finds Debt Relief through Offer in Compromise

A man who had lost his job contacted Omni to help him file an Offer in Compromise with the IRS. The client was living off his 401(k) account, and the IRS wanted to count this as an asset. Omni was able to convince the IRS that the client needed the 401(k) account to provide for himself. As a result, the Offer in Compromise only accounted for the equity in his vehicle and bank account, saving the client thousands of dollars.

You can read the entire story: Unemployed Client Finds Debt Relief through Offer in Compromise or take a look at the rest of our Tax Relief Success Stories.

For more information about our tax debt relief services, fill out a contact form or call 1-800-540-0433.

Tax Debt Relief: Client Sees 14-Year Wage Garnishment Released

A couple living in the small fishing village of Port Graham, Alaska had fallen on hard times ever since the Exxon Valdez oil spill in 1989. The couple quickly began accruing tax liabilities with the IRS, which began garnishing the wife’s paycheck and levying funds the couple was receiving from the Alaska Permanent Fund Dividend as well as the Exxon Valdez Oil Spill settlement.

When Omni took over the account in 2009, they were also able to show the wife that she actually owed the IRS only about $17,000 while she was convinced she owed them $80,000. After 14 years of ongoing collections, Omni was able to get the wife’s wage garnishment as well as the Alaska Permanent Fund Dividend and Exxon Valdez Qualifying Fund Dividend released. The couple is expecting several more IRS refunds and anticipates no additional tax liabilities.

You can read the entire story: Client Sees 14-Year Wage Garnishment Released or take a look at the rest of our Tax Relief Success Stories.

For more information about our tax debt relief services, fill out a contact form or call 1-800-540-0433.

Tax Relief Solutions: Omni Reaches out to Chase Bank CEO to Help Client

Omni Financial was recently able to help an unemployed and homeless client going through a tough time in his life. When this Los Angeles man contacted Omni, he had worked for two years in the entertainment industry and was paid as an independent contractor, without realizing that he needed to make estimated payments throughout the year or he would owe taxes, and was shocked to learn that he owed the IRS and state a substantial sum.

When Omni got the case, both the State of California and the IRS were aggressively trying to collect the unpaid tax. They had already levied his bank account once, and they were threatening even more action.

OMNI was able to assist with these tax problems by helping to get a levy released and return nearly $500 to this very appreciative client.

You can read the entire story: Omni Reaches out to Chase Bank CEO to Help Client or take a look at the rest of our Tax Relief Success Stories.

For more information about our tax resolution services, fill out a contact form or call 1-800-540-0433.

Tax Resolution Services: Wage Garnishments by IRS or State Taxes

Wage garnishment (or just garnishment) happens when an employer is required to withhold the earnings for the payment of IRS or state tax debt in accordance with a legal procedure. Once a wage garnishment is filed with an employer, the employer is required to collect a large percentage of each paycheck.

Learn more about Wage Garnishments or view our entire lineup of Tax Resolution Services. For more information about our tax resolution services, fill out a contact form or call 1-800-540-0433.

IRS Debt Relief: OMNI Financial Client Settles $1.5 Million in Debt

A recent client lost everything including his home, cars, and reputation when his Silicon Valley tech company collapsed. In addition, the client’s company accrued over $3 million in Internal Revenue Service and $365,000 in California Employment Development Department (EDD) liability. To top it off, the client was personally tax liability was over $1.5 million.

Though their IRS Tax Attorneys, OMNI was able to reach an Offer in Compromise of $46,000 with the EDD and is negotiating a $50,000 Offer with the IRS.

You can read the entire story: Client Settles $1.5 Million in Debt Through Offers in Compromise or take a look at the rest of our Tax Relief Success Stories.

For more information about our tax resolution services, fill out a contact form or call 1-800-540-0433.

Tax Resolution Services: Looking for Innocent Spouse Relief? Let OMNI Help

When a joint tax return is filed, each spouse is equally liable for all the tax, penalties, and interest for the particular joint tax year. This means the entire amount of tax, penalties, and interest may be collected from either spouse, even if only one spouse earned all of the income.

Don’t take responsibility for your current or ex spouse’s mistakes. OMNI’s Innocent spouse tax relief services can be just what you need to avoid paying someone else’s tax resolution problem.

Learn more about Innocent Spouse Relief or view our entire lineup of Tax Resolution Services. For more information about our tax resolution services, fill out a contact form or call 1-800-540-0433.

IRS Debt Relief: Tax Relief Frequently Asked Questions

One of the benefits of hiring OMNI Financial is that you will have someone that knows how to deal with the IRS and can devote the time necessary to reach a favorable resolution. However, it’s not always clear when you need an agency like OMNI on your side. So how do you decide? Read our Tax Relief FAQ.

Some questions in our IRS Debt Relief FAQ include:

  • If I haven’t filed a tax return in years, is it better to start filing now or wait until the IRS asks for a return?
  • What can I do if the IRS has filed a lien against me?
  • What can I do if the IRS has garnished my paycheck?
  • How can I avoid an audit?

Read the full FAQ here: Tax Relief FAQ or contact Omni Financial for a free tax debt consultation.

IRS Help: OMNI Financial Saves Client $60,000 in Tax Debts

When an industrial supply company came to Omni Financial their tax debt and penalties reached almost $60,000. Within months, Omni was not only able to have all interest and intentional disregard penalties abated but a refund check was issued to the client in the amount of $20,192 by the IRS. Within 47 days of working with Omni, the client had saved nearly $60,000.

You can read the entire story: Omni Works Quickly to Save Client Nearly $60,000 in Tax Liability or take a look at the rest of our Tax Relief Success Stories.

For more information about our Tax Relief services, fill out a contact form or call 1-800-540-0433.