Sept. 7, 2011
-- In an important case involving the IRS, tax attorneys at the Ohio Sheppard Law Offices have successfully negotiated settlements for several clients facing significant IRS penalties and interests. These settlements resulted in 75 percent reductions in monies owed to the IRS by individual clients who had invested large sums in a company called Mid-Con Oil, which later turned out to be a fraudulent investment scheme. The investors were audited by the IRS for their involvement in the company when Mid-Con Oil and its owner came under the scrutiny of the federal government for illegal activities. The clients in the case had received significant deductions on their investors’ tax returns for their investments in intangible drilling expenses. The tax returns were prepared for the investors by Mid-Con Oil in return for their investment funds. As a result of the legal counsel provided by Sheppard Law Offices no formal court action was ever brought against the investor-clients. The reduced settlements represent a major win for both the clients and the firm.
Sheppard Law Offices represents individuals and businesses in Ohio and throughout the nation who face similar IRS tax liabilities, penalties and interest problems. Tax attorneys at the firm negotiate settlements with the IRS, arguing on behalf of clients to reduce or eliminate these federal tax burdens. Many of the firm’s clients face federal tax assessments ranging from $10,000 to $500,000. The firm has helped other clients resolve tax liabilities in excess of $1,000,000.
If you are an individual or business owner and you need legal assistance with an IRS tax matter, you will find competent and experienced help from Ohio tax attorney Ken Sheppard. Whether you need help resolving your IRS problems with legal defense in IRS audits, offers in compromise, installment agreements, requests for penalty abatement, administrative appeals and hearings in Federal Tax Court or something else Sheppard may be able to help. Contact Sheppard Law Offices to discuss the particulars of your situation today.
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Sheppard Law Offices is a tax law firm with offices in Newark, Columbus, and Mt. Vernon, Ohio that serves clients throughout the nation. The firm is dedicated to helping individual and business clients resolve all of their IRS and tax problems, as well as helping them plan for their financial future. An Ohio tax attorney at the firm can represent you in administrative hearings and tax court, in IRS tax audits, tax fraud defense and tax preparation. If you are looking for capable legal assistance for any matter involving tax law, contact the firm at (740) 345-7138.