Released on: March 17, 2008, 9:30 am

Press Release Author: Tax Matters Solutions

Industry: Financial

Press Release Summary: It is important that you do not let your IRS and Tax Problems
go unresolved. Deal with your IRS Problems as soon as possible.

Press Release Body: Paul hadn't filed a return since 2000. He does approximately
$10,000,000 in food sales annually with 15 employees and 20-30 subcontractors. The
average individual has one transaction with the IRS each year. The average business
owner has 60 transactions which include payroll taxes, sales taxes and 1099's. Paul
hadn't filed one of these. Not only that, but he didn't keep any records. None. He
writes 400 checks a month. You can imagine the size of his tax problem.

Paul came to Tax Matters Solutions in November of 2007. The accountants explained
the gravity of his situation and the extent of his tax liability in one of their
initial visits. Marc Jernigan, CPA has worked to create income statements for seven
years with a March 31st deadline.

The first task was digging for information. At a cost of $6000 in bank fees, Paul
retrieved records of all the checks he has written. His data takes up an entire
buffet table. Tax Matters Solution minimized his liability by over $100,000, using
tax savings strategies.

Paul and his wife are undergoing marriage counseling, because his wife considers
Paul's silence about this issue the equivalent of adultery.

Paul has since put himself on a militant budget and eliminated all unnecessary
spending. "He was floundering - spending money for no reason," reports Marc
Jernigan, CPA of Tax Matters Solutions. "At one point he owned twelve vehicles, for
no apparent reason." With his new budget, he will have a $500,000 liability paid off
by the end of 2008.

Paul hasn't made his tax savings by negotiating with the IRS. He made them by
communicating effectively, digging for more information and working to resolve the
underlying issues. His solution was about coming up with the least, and most
correct, amount of taxes owed on the front end.

Marc has this advice for his clients:

1. Deal with your tax issue sooner rather than later.
2. Work on the underlying issues.
3. Implement an accounting system

Following this advice will not just save you money. It will save you years of your
life, give you peace of mind and add to your quality of life.


Web Site: http://www.taxmatterssolutions.com

Contact Details: 10347 Dawson\'s Creek Blvd. Building 5, Ste. 5 Fort Wayne, IN 46825
(p)260.489.0818 (f)260.490.2299
info@taxmatterssolutions.com