Case Studies
Tax Cases
The following are real examples of clients represented by our office. All identifying information about the client and the IRS agent has been removed for purposes of protection and anonymity.
Case Study A - A taxpayer attempts to represent himself in a Head of Houseold Audit with the IRS. The IRS dissallows his children as deductions as well as revoking his head of houeshold election filing status. The time for petition into court had passed and the taxpayer was in belief nothing more could be done. The taxpayer becomes a client of our firm and within four months the closed audit was overturned. Instead of the client owing $2091., they received a refund of $2055. That's a total change of $4146! Click Here
Case Study B - A client is audited for claiming an alimony adjustment on his 1040. Part of the money he paid to his ex-wife was considered alimony and some was considered "family support." Our firm picked up the client during the appeals process and convinced the appeals agent to agree to all of our appeals request except for the amount of the alimony deduction. The client retained a tax attorney and the tax court held up our appealed stance. End result, FAMILY SUPPORT is deductible as alimony (depending on certain factors.) Click Here
Case Study C - A client was structured into a very complicated and very erroneous trust arrangement with their family and their family business. After the initial audit the client owed $7,243,870.00 in a 90-Day Statutory Defiency Notice. After a long and drawn out appeals process, the IRS proposed a new settlement amount of $1,428,836. Ultimately, during another round of negotiations, a final settlement agreement was reached for $106,786. The taxpayer saved $7,137,084.00! (Due to the nature and sensitivity of the case as well as the other firms and professionals that worked on this case, not all of the case file notes have been included for review.) Click Here
Case Study D - A client was audited for 2006 (NOT prepared by us) and 2007 (prepared by us.) The IRS did not allow time for the client to pull together records and receipts and sent out examination changes with tax due of $18,425.39 for 2006 and $39,492.34 for 2007. A total IRS propsed audit change of $57,917.73! We were able to get the case reassigned and worked with the taxpayer and the IRS to get new results. At the end the client owed $4,596.82 (return not prepared by us) and ended up with a refund of $362.00 for 2007! Total savings to taxpayer... $53,682.91!!! Click Here
Case Study E - A new client came to us after having written a check to the IRS for $84,145.49 for tax years 1997-2003. The client had not filed the returns and then used a CPA firm to prepare and file their past due taxes. Our office did a thorough review of the returns and noticed substantial errors made by the CPA firm. We proceeded to amend tax years 1997-2003 and were able to recover in REFUNDS and CREDITS a total amount ot $54,728.38!!! Click Here
Case Study F - A new client was referred to our office and drove over 3 hours just to see if we could help them. They had been under a repetitive audit for 7 tax years that had spanned literally 5 years of their life. The auditor kept dissallowing all deductions and exepmtions and put the client in a very dire situation. Although it took us nearly two-years to clean this case up, the client was refunded and abated $24,422.93!!! And just as important, the continous audits stopped. Click Here
Case Study G - A client was audited for claiming a large loss on his active Sch C business. The IRS intial audit response was a balance due with penalty and interest of $4,083.47. The case was then appealed on the lack of IRS agent reponse to the taxpayer, in which greater documenation and explanation of the questioned items was to be provided. Within two months of the appeal request the IRS reversed all additional tax, interest, and penalties charges to the taxpayer account. Net result, ZERO CHANGE! Click Here
Case Study H - A new client was referred to our office by his son. He has lived and worked in China for 10-years. When he went to pull his credit, he noticed a large IRS tax lien. The client owed the IRS a combined $11,484,926 for 2000 and 2001 tax years. After some amended returns and about a year later, the net result, the client owes $0 and gets a refund of $23.00! That is a combined abatement and refund of $11,484,949!!!! Click Here
Financial Services Cases
Case Study A - A client was concerned about the volatility of the economy and where they had their reitrement dollars held. After thorough review and consideration we made some suggestions to the client. The client took our adivce and moved their money into a different account. From May of 2008 to May of 2009 when the overall market lost approx. 35%, our client was able to see growth of approximately 9% Click Here
Case Study B - As in the previous example, our client had serious concerns on the positioning of their retirement dollars. During a similar time period as discussed above, when the overall market lost approx 35%, our client was able to preserve and grow their account by 15%! Click Here
Case Study C - Another example of the strength and performance of our strategies. 22% Locked in gain in one year! Click Here
Case Study D - 20% Locked in gain in one year! Click Here
Case Study E - 22% Locked in gain in one year! Click Here
Case Study F - 24.7% First Year Gain. LOCKED IN and guaranteed! ZERO RISK! Click Here
Case Study G - 23.5% First Year Gain. LOCKED IN and guaranteed! ZERO RISK! Click Here
...additional case studies to be posted periodically...
