In a recent blog post, I discussed the reasons why many people should not file an Offer in Compromise. I believe it is part of my job and my commitment to my community to dispel myths advertisers spread. Especially the myth that OICs are a cure-all for back tax problems. You only have to Google … Continued
A taxpayer filing for an innocent spouse relief was granted relief despite an initial denial and $63,000 in her retirement account. In Van Arsdalen v. Comm’r, the US Tax court granted the petitioner relief from her joint tax liabilities. Despite retirement assets being sufficient to pay a large percentage of the liability. The IRS initially … Continued
That Letter in the Mail So, you read all about Innocent Spouse and other kinds of §6015 relief here or perhaps somewhere else. After all that reading you slowly let yourself hope that you could put an ugly chapter of your life behind you. After a while of thinking about it, you file a claim. … Continued
J.P. Oltmann is proud to provide tax representation for individuals and small businesses across Maine.
"The bank said it would be a month before the levy would be lifted, and our client could access their funds to pay payroll. Seven days later we gave them the great news that the levy was lifted."
"Successfully defended $435,226 in previously disallowed deductions saving a local small business owner approximately a quarter million in taxes, interest, and penalties."
"The taxpayer had $20,000 in tax debt charged off by paying $25. They paid less than 0.1%. Yes, that is correct, 0.1% of their tax due."