Interesting Facts About the IRS
-When the IRS tax form 1040 was first introduced in 1914, it had only 3 pages including instructions. Today, it has 101 pages of instructions.
-The IRS requires you to declare all sources of illegal income (i.e. embezzlement)—they can’t prosecute you for the activity, but they can prosecute you if you don’t report the income.
-In 2014, 35% of all calls to the IRS went unanswered by the IRS customer service division.
-The IRS has instructions for employees on how to collect taxes after a nuclear war.
-The IRS had to use a special computer to process Bill Gates’ taxes because “their normal computers can’t deal with those numbers.”
-The goodie “swag” bags given to guests at the Academy Awards are so expensive the IRS requires the guests to declare them as taxable income.
-The IRS website has over 1,977 different forms and publications, and the tax code is approximately 3.7 million words in length.
-The IRS can audit you up to 3 years after your taxes were filed and up to 6 years if you underreported your income by at least 25%. If you are suspected of fraud the limit is indefinite.
If you get a questionable notice or phone call feel free to call or email Lothamer at 517-484-1040, toll free at 1-800-619-8277 or
Your IRS Questions Answered Here…
Question: I have a huge tax amount owing, the IRS is harassing me and I need help. I got a quote from another company at a much lower price. Why should I go with you?
Answer: If someone quoted you a much lower fee, think about this: do you think an experienced tax resolution CPA, EA or attorney worth their “salt” would work for peanuts? – Especially given the fact that IRS Representation is a highly valued skill set. You usually get what you pay for in this world we live in today. This is your financial life and the stakes are very high. If you needed heart surgery, would you shop around for the least expensive surgeon or would you get the very best you can find? The same holds true for dealing with the Internal Revenue Service. Having IRS problems can ruin all aspects of your life, your marriage, relationships with your children and family members, your employment, ability to buy a house, a car, money for retirement or even have a bank account. You want the best possible person for the job, not the cheapest. Your IRS debt doubles every 6-8 years due to the daily compounding effect of interest and penalties and the IRS has at least 10 years to collect from you to so hand this off to the lowest bidder in town is probably not a wise decision. You’ll have peace of mind and sleep better at night knowing that we’re working hard on your case to get you the lowest possible settlement, allowed by law, with the IRS!
We at Lothamer Tax Resolution are experts in tax resolution and help taxpayers like you with their IRS Problems every day.
We here at Lothamer Tax Resolution will make sure all your rights are protected!
Recent Lothamer results of Offer in Compromise settlements:
Amount of Tax Owed Settlement Amount Total Saved Offer #
$270,923.39 $10,824.00 $260,099.39 2226
$88,002.85 $3,055.54 $84,947.31 6206
$554,587.10 $33,300.00 $521,287.10 6936
$209,670.06 $1,000.00 $208,670.06 10328
Call us 8 am – 6pm 877-TAX-BILL www.Lothamer.com
Are You My Next Client of the Month?
This month’s Client of the Month is William(Bill) of Corunna, MI.
Bill’s balances originally began over $891K with the IRS and he settled his balances with IRS for just $3,648.00.
Congratulations Bill!!!
You might be my next Client of the Month too!
Watch for your name here in an upcoming month.
JOKE OF THE MONTH
The kid had swallowed a coin and it got stuck in his throat, and so his mother ran out in the street yelling for help. A man passing by took the boy by his shoulders and hit him with a few strong strokes on the back, and so he coughed the coin out.
“I don’t know how to thank you, doc…”, his mother started.
“I’m not a doctor”, the man replied, “I’m from the IRS”.
I’d Like to Hear From You!
If you have an IRS issue, or just want to refer a friend, relative or client, we’d love to hear from you.
We at Lothamer Tax Resolution are experts in tax resolution and help taxpayers with their IRS Problems every day.
Call us at 800-619-8277
Thank you!
Thanks to YOU, the word is spreading. Thanks to my clients and friends who graciously referred me to their friends, clients and relatives last month! I enjoy building my business based on the positive comments and referrals from people just like you. I just couldn’t do it without you!