Taylor’s Story
Overwhelmed to overjoyed: How TaxSolve saved Taylor nearly $15,000!
2020 was a busy year for Taylor.
She went through a divorce, bought and remodeled a home, and had a baby, all while enduring the uncertainty of a global pandemic.
With all of this upheaval, taxes were the last thing on Taylor’s mind. By the time she found TaxSolve in 2024, she had not filed for 3 years and owed more than $24,000 to the IRS.
How We Fixed It
First, TaxSolve prepared all of Taylor’s unfiled taxes, preventing further interest from accruing and costing her even more money. Next, we successfully appealed to the IRS to remove some of the penalties Taylor had been dealt for not filing and not paying, resulting in her only owing a fraction of her original balance.
The Final Result
In April 2025, Taylor received her final resolution from TaxSolve. When all was said and done, we reduced Taylor’s balance from $24,130.29 to $9,777.80, a savings of nearly $15,000! To help her pay off the remaining balance, we negotiated a payment plan of only $177 a month, a manageable amount that fit easily into her life and budget. And to cap it all off, Taylor is now set up to file with us next year, ensuring she won’t fall into the same situation again.
Understanding Penalty Abatement
Penalty Abatement (PENAB) is an IRS program that lets certain taxpayers have some or all of their penalties removed, often substantially reducing their balance.
Our team of tax professionals has successfully negotiated thousands of PENABs, saving our clients millions of dollars.
Get Help Professional Tax Help Today
If you’re struggling with tax debt or facing IRS issues, don’t hesitate to get in touch. Contact TaxSolve today to explore your options and turn your tax situation around.
Some information withheld and stock photo used to protect identity of client.
How we helped Taylor
Taylor used TaxSolve to cut her IRS debt by nearly $15,000 — and finally take control of her financial future.
After years of life upheaval — divorce, a new home, and having a baby — Taylor’s tax situation had spiralled out of control. With help from TaxSolve, she reduced her debt by more than half, set up an stress-free payment plan, and got back on track for good.
Prepared 3 years of unfiled taxes
Stopped interest and penalties from piling up
Secured IRS Penalty Abatement (PENAB)
Negotiated affordable monthly payment plan
Set up future filing to stay compliant
$24,130
59% reduction
$177/month
"I felt totally overwhelmed. After everything I’d been through, taxes were the last thing on my mind. TaxSolve made it manageable and helped me breathe again."
Finding the right tax professional
begins with asking the right questions.
We’re here to help, no matter your tax issue, trust that TaxSolve is here to help.
Still have questions? Talk to a Tax Expert today.
- What is TaxSolve?
TaxSolve is a specialized team of tax professionals committed to resolving IRS and state tax issues. As innovators in the tax industry with over 50 years of combined experience, we are experts at resolving a wide range of tax problems, including:
- IRS and state tax issues
- Unpaid tax balances
- Unfiled tax returns
- Penalties and penalty relief issues
- Underreporter notices
- Business and payroll tax issues
- How much do TaxSolve services cost?
Our service costs vary based on the complexity of your situation. The first step is to get your IRS records, evaluate your situation, and provide a customized resolution plan according to your specific situation. The cost for this service varies but it’s an important first step in thoroughly understanding your unique situation and what options are available to you.
Once we have discussed your situation with you, we will propose one fee to resolve your entire situation. You have no obligation to purchase unless you accept our plan, and you can pay your fees over the time it takes us to complete your case. Your tax consultant can estimate how long your case will take and the fee structure for our services.
- How long will it take to resolve my case?
Resolution time for tax issues varies based on the complexity of the case. Straightforward matters take a few weeks, while intricate issues may take a year or more. To streamline the process, our team will file a power-of-attorney authorization with the IRS, allowing us to work directly on your behalf.
- What if I can’t afford to pay my back taxes?
When you owe back taxes, the IRS offers several options other than full payment. These include payment plans, extensions to pay, and hardship programs, such as not-collectible status and a tax settlement option called an Offer in Compromise. We will evaluate each option with you and get you the best option based on your circumstances.
- I received a notice or letter from the IRS. Can TaxSolve help me?
Absolutely. Our tax resolution experts review your notice, assess your situation and work with you on a plan to resolve your situation. Once you engage us for services, we get right to work with you and the IRS. Our tax resolution specialists stick with you from beginning to end.
- Can TaxSolve help reduce the amount I owe?
Each person’s circumstances are different. Our goal is to get you the best outcome available based on your circumstances. If you owe back taxes, we will review your unique situation for any potential relief.