Researched recent rulings on losses
from embezzlement and was able to recover over $100,000 in taxes from
previous year’s overpayment for client.
Negotiated reduction of business loan by $40,000 for client with successor of failed bank.
Helped trust referred by a bank
renovate a building, increased leased space and sold the building for
over $2,000,000 to bring liquidity to the estate and protection to the
beneficiaries.
Negotiated Small Business
Administration (SBA) loan for over $1,000,000 to help a medium sized
business consolidate smaller loans at a more favorable interest rate and
term and provided cash to grow the business.
Found a new client that was
defrauded in a real estate transaction, helped in selection of attorney
and won recovery of property in court.
Reversed IRS determination on
charitable contribution by showing adequate substantiation of deduction,
contrary to the stance IRS took.
Had IRS lien removed on residence of innocent child after IRS placed a lien for unpaid taxes of mother.
Installed pension plan for closely held business to shelter over $300,000 in retirement contributions before owners retired.
Found that clients’ prior
accountant did not file corporate tax returns for over five years,
advised client and brought company back into compliance.
Negotiated buyout of nonperforming
partner in successful business so that remaining partners could
recognize their efforts in business growth and profits.
Found a prior accountant had
incorrectly prepared a tax return involving passive losses and amended
return to receive $7,000 refund for client.
