Non-filer Case -- 20 years unfiled -- IRS levies $194,000 in brokerage accounts..what to do?
We had a short period of time to get the levies released. So our tax preparation office worked their butts off. This gentleman owed so much due to heavy trades on his stock portfolio and the IRS of course NOT factoring in the basis of what paid for the stocks in their preparation of the returns for him (Substitute for Returns - SFRS).
Well, we got the levy released and are still working the case. Here's a direct quote from that client:
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