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Clear Start Tax Achieves Remarkable Tax Debt Reduction for Client
Clear Start Tax, based in Irvine, CA, has helped a self-employed client named Mary reduce her federal tax debt from $15,500 to just $25. Utilizing the IRS Offer in Compromise program, the firm's experts provided strategic support tailored to her financial needs. This significant reduction marks a pivotal moment in Mary's financial journey.
For Mary, the tax debt arose from underpayment of quarterly taxes, creating stress and uncertainty. Clear Start Tax stepped in to provide personalized guidance and handled necessary negotiations with the IRS, facilitating her dramatic debt reduction.
The IRS Offer in Compromise allows taxpayers to settle their liabilities for less than the full amount owed. Clear Start Tax assessed Mary's financial status and ensured all documentation was in place to secure a favorable outcome.
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