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IN THE NEWS
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IN THE NEWS
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6-4-07 Tribune Reaches $350 Million Settlement with I.R.S. - New York Times
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Tribune announced Friday that it has reached a settlement with the Internal Revenue Service that would return to the company as much as $350 million of a disputed $1 billion tax payment it made in late 2005.
The company said it had made a filing with the 7th U.S. Circuit Court of Appeals in Chicago stating that while it is not certain that the settlement will win government approval, counsel on both sides of the dispute are "confident that the case can be resolved without the intervention of the court."
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1-17-05 A Landmark Tax Settlement Case Reached with the IRS
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American Tax Relief has just announced that it has reached a landmark tax relief case with the IRS. It involved a corporation and its owners who believed they owed $1 Million to the IRS. After the American Tax Relief attorney obtained the IRS records, however, the amount owed according to the IRS was actually $3 Million.
For several months, the attorney and Enrolled Agent negotiated with the IRS showing that the clients deserved special consideration for their tax relief. After going over the financials and several rounds of tax negotiation, American Tax Relief was able to reach a settlement of $3,000 for its clients. Needless to say, the clients were extremely happy with the tax help and the tax relief they received. They had never imagined that they would be able to get any IRS help. The Firm was also very satisfied with the positive results, however, they also cautioned to others that this was not a typical tax relief case and since each case is unique, the results will vary.
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1-14-05 The Firm is nearing its 10,000th client
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Within a month, American Tax Relief expects to reach its 10,000th client. Since the 1990’s, the firm has specialized in offering tax help, tax relief and IRS help to its clients ranging from corporations, celebrities, small businesses and individual taxpayers.
“We feel that it is a great accomplishment to have helped close to 10,000 taxpayers who due to circumstances have had tax problems and IRS problems. Every Attorney, Enrolled Agent and Tax Relief Consultant has contributed to the success of the firm and its successful tax relief cases,” according to American Tax Relief. “Our goal is to get the best possible resolution to every tax relief case according to the IRS guidelines.”
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1-10-05 American Tax Relief Announces its Move to a Larger Location
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American Tax Relief has just moved its main location to 8383 Wilshire Blvd., Suite 900, Beverly Hills CA 90211. The move was in part due to its increase in clients seeking tax relief from its staff of Attorneys, Enrolled Agents and Tax Practitioners. In the last few years American Tax Relief has had to move twice to accommodate the increase in tax relief business.
The new office space allows the firm to meet its expanding staff of Attorneys, Enrolled Agents and Tax Practitioners. Also the new facility is centrally located in Beverly Hills, closer to its higher-end clientele that includes movie actors, musicians and professional athletes and their agents.
American Tax Relief’s taking over the 9th floor of the largest office building in Beverly Hills accomplishes two things. One is the increased visibility and prestige. The other is the potential to grow at a fast, yet steady pace. According to one of its Senior Tax Consultants, “We’re very excited about the move and the fact that it allows us to expand our staff much more quickly as our company is growing rapidly.”
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12-27-04 American Tax Relief announces it will continue to take Pro Bono cases
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American Tax Relief will continue to take Pro Bono cases into 2005. The Firm recognizes that there is a strong need for tax relief for people in extremely difficult situations. Due to the fact that the Company is successful, and its Attorneys, Enrolled Agents and Tax Practitioners are willing to lend their help, American Tax Relief will assist certain taxpayers at no cost.
The staff will evaluate and choose cases among people who need the tax help the most. Certain situations such as limited or fixed income, age, disability, etc will be considered in choosing the Pro Bono cases. American Tax Relief will notify the clients that their fees will be waived and in most cases, the Firm will pay the settlement amount with the IRS or the State.
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