Nine taxpayers collectively get more than a quarter of a million dollars in tax debt reductions in just one month.

Columbia, MD -- (ReleaseWire) -- 09/07/2007 -- FSI Tax, a Maryland-based tax resolution company, broke its own record when its ninth Offer in Compromise (OIC) was accepted by the IRS within just 30 days.

These settlements include three tax debts settled for one percent, with the average settlement of 21 percent. Overall, the clients saved a total of $255,065 of the combined $324,000 tax liability.

"We know firsthand how complicated and difficult it can be to secure successful OICs for taxpayers, and we are very proud of these accomplishments," said Managing Authorized Taxpayer Representative Heather Thomas. "But these successes are more than just impressive figures; these are our clients, real people who we were able to help."

Thomas described several clients she was especially overjoyed to help, including a senior who was facing a $16,000 past due tax debt. FSI Tax representatives were able to secure a settlement without difficult negotiations. In the end, she was liable for only $1,525.

Not all cases were as easy. The IRS accepted FSI Tax's offer of $5,000 to settle another client's $45,000 tax debt, but only after extended negotiations. This client, a carpenter, earned little money and was unable to pay the full amount of the debt. FSI Tax representatives had a difficult time convincing the IRS that his wife, who earned more and owned several assets, was not liable for his debt.

"Every case presents a unique challenge, but we have the understanding necessary to help qualified taxpayers," said Thomas.

Many taxpayers burdened with overwhelming tax debt hope to qualify for the IRS's OIC program, but few are eligible due to strict IRS guidelines. Furthermore, the process involves complicated paperwork, detailed financial analysis and recurring negotiations that often take up to six months to conclude.

About FSI Tax Corp.:
FSI Tax Corp. was established in January of 2004 with a mission to provide top-quality federal tax resolution services to taxpayers seeking compliance with the IRS. For more information about FSI Tax Corp. and the services they provide, please call 888-437-4669 or visit their website at http://www.fsitax.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

FSI Tax Corp. professionals save one lucky taxpayer from paying $145,000 in back taxes, thanks to a little “above the call of duty” investigating.

Columbia, MD -- (ReleaseWire) -- 06/04/2007 -- One lucky taxpayer is jumping for joy after learning that two FSI Tax Corp. employees helped erase nearly $145,000 of his tax debt when they uncovered errors in the taxpayer's previous tax filings.

The taxpayer, who is a client of FSI Tax Corp., hired the company to help him with his Installment Plan. However, when Authorized Taxpayer Representative Paulinus Akosa and Tax Case Manager Darcel Dobbins chose to spend a little extra time discovering what went wrong to cause their client's massive tax debt, they discovered more than they bargained for: $145,000 worth of previous tax preparation errors.

Although FSI Tax Corp. does not usually provide audit representation, Akosa spent several hours talking with an IRS Revenue Agent and successfully secured a $127,153.79 savings for the client. Still unsatisfied with the outcome, Akosa, with the help of Dobbins, dug deeper into the client's tax files to uncover an additional $17,667.40. In the end, Akosa and Dobbins saved the client a total of $144,821.19.

"There was just something about this case that didn't sit right with us," Akosa explained. "So we decided to take a closer look and see what went wrong so we could help our client avoid these types of mistakes in the future, but we were really happy we found ways to help him with his tax debt right now."

Akosa and Dobbins also successfully intervened to prevent an IRS levy for the client's remaining tax debt while he obtains a loan to help pay off the remaining taxes he owes.

Dobbins said that these kinds of cases remind him of why he chose to work for FSI Tax.

"I could be doing any number of other jobs," Dobbins said. "But there's something special about helping people through a tough time, especially when it relates to financial issues."

About FSI Tax Corp:

FSI TaxTM Corp. was established in January of 2004 with a mission to provide top-quality federal tax resolution services to taxpayers seeking compliance with the IRS. For more information about FSI Tax Corp. and the services they provide, please call 888-437-4669 or visit their website at www.fsitax.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm