Success Stories
At Freedom Tax Strategies, clients often come to us when their tax situation is no longer simple. Once we enter the picture, the difference is night and day. Our clients get clarity, and most importantly the peace of mind knowing they have a plan to correct the past and move forward with the correct structure for the future.
Some are dealing with IRS or state notices. Others have missing payments, delayed refunds, prior-year mistakes, late elections, unfiled returns, or complex business and individual filings that need to be coordinated carefully.
The examples below are provided to illustrate the type of work Freedom Tax Strategies performs and the type of results we have achieved in the past for our loyal clients.
Success Stories
Late S-Corp Election Approved
A business-owner client had missed an S-corp election and needed help correcting prior-year business filings.
Freedom Tax Strategies assisted with a late and retroactive S-corp election request, which was approved. The correction allowed the business and individual tax filings to be coordinated properly and helped the client move forward with a more advantageous tax structure.
Late S-corp election matters can involve more than one form. They may require reviewing prior-year filings, preparing Form 1120-S, issuing K-1s, coordinating the shareholders’ individual returns, and making sure the tax treatment is consistent across the business and personal filings.
This type of work can be valuable for business owners who missed the deadline to file Form 2553. A late S-corp election may be possible if:
The business intended to be treated as an S-corporation as of a specific effective date
The business failed to qualify as an S-corp only because Form 2553 was not filed on time
The business has reasonable cause for the late filing
The business acted diligently after discovering the issue
The business and shareholders reported income consistently with S-corp treatment
All required shareholder statements and signatures are provided
The requested effective date is within the applicable IRS relief period, which is 3 years and 75 days from the intended effective date
Freedom Tax Strategies
Prior-Year Cleanup and Refund Recovery
A client came to Freedom Tax Strategies after missing three years of prior-year tax filings. He had lost important personal and tax documents in a fire, which made it difficult to accurately prepare his taxes.
Freedom Tax Strategies filed the necessary authorization and pulled his tax transcripts directly from the IRS. From there, we reviewed his IRS account and worked with the client to reconstruct the missing tax records as accurately as possible.
With careful review and client coordination, we prepared accurate and compliant prior-year tax returns. As a result, the client became current with his tax filings and received a refund.
Most importantly, the client was able to move forward with peace of mind, knowing that his prior-year tax issues were resolved.
Prior-year cleanup requires patience, documentation, and careful review. It may involve IRS transcripts, tax notices, amended returns, missing forms, payment records, and coordination between federal and state filings.
Freedom Tax Strategies helps clients untangle the record, correct what is within the statute of limitations, and move forward with greater clarity.
Freedom Tax Strategies
High-Dollar IRS and State Payment Issues
When large tax payments are missing, misapplied, or not properly reflected on a taxpayer’s IRS or state account, the issue can quickly become stressful and high-stakes. Even when a taxpayer has paid the correct amount, agency records may not always show the payment accurately. This can lead to incorrect balances, delayed refunds, notices, penalties, or unnecessary confusion.
Freedom Tax Strategies assists clients with complex federal and state tax account issues involving payment tracing, account reconciliation, refund delays, and agency follow-up. As an Enrolled Agent, Marian Beshara is federally licensed to represent taxpayers before the IRS in all 50 states.
Our process begins with authorization. For IRS matters, clients sign Form 2848, Power of Attorney and Declaration of Representative, allowing us to communicate with the IRS on their behalf. For state matters, we obtain the appropriate state power of attorney or representation authorization. After that, we begin reviewing the tax account, contacting agencies, requesting information, and advocating for the client.
We believe in relentless advocacy for our clients: contacting the IRS or state tax authority, following up, documenting the issue, pushing for account correction, and working to have payments traced, reconciled, and properly applied and client refunds delivered.
In one matter, Freedom Tax Strategies helped coordinate the correction of significant federal and state tax account issues involving payments that were not properly applied. Through persistent advocacy, careful documentation, and agency follow-up, the account issues were resolved and the client was able to move forward.
This type of work may be especially important for taxpayers dealing with:
Missing or misapplied estimated tax payments
Payments not properly credited to a tax account
Incorrect IRS or state account records
Refund delays caused by account issues
Prior-year payments that need to be traced or reconciled
Large-dollar tax matters requiring professional follow-up
Federal or state tax issues requiring a Power of Attorney
Freedom Tax Strategies
Refund Delay and Taxpayer Advocate Service
A business owner was entitled to an IRS refund, but the process became complicated when refund checks were lost in the mail more than once.
Freedom Tax Strategies helped the client gather documentation, communicate with the appropriate tax channels, and support escalation through the Taxpayer Advocate Service due to the history of lost checks and the financial hardship involved.
Refund delays can be stressful in any situation, but they are especially serious when large amounts are involved or when the taxpayer has already waited months for resolution. Freedom Tax Strategies helps clients understand the issue, organize the documentation, and pursue a practical path forward with support and guidance every step of the way.
Freedom Tax Strategies
Resident Alien Taxpayer and Backup Withholding Refund Recovery
Foreign nationals living and working in the United States can face complicated tax reporting issues, especially when financial institutions, brokerage accounts, employers, or prior advisors do not have the taxpayer’s correct documentation on file. For H-1B professionals and other foreign national taxpayers, errors involving account paperwork, taxpayer identification information, or Form W-9 can sometimes result in federal backup withholding being applied to income.
A foreign national taxpayer came to Freedom Tax Strategies after substantial federal tax withholding had been applied due to an account documentation issue that occurred before our involvement. The taxpayer had been subjected to backup withholding, creating a significant overpayment situation that needed to be addressed through accurate tax filing and proper reporting.
Freedom Tax Strategies reviewed the client’s tax documents, income reporting, withholding records, residency status for tax purposes, and filing requirements. We then prepared an accurate federal tax return. Once the return was properly filed and processed, the client recovered a federal refund of tens of thousands of dollars.
This type of matter may be especially important for foreign national taxpayers dealing with:
Backup withholding on brokerage, business, or financial account income
Incorrect or outdated Form W-9 information
Tax documentation errors from prior account setup or prior advisors
Confusion around U.S. tax residency status
Large federal withholding amounts that need to be properly reported
H-1B, O-1, visa-holder, or foreign national tax filing issues
High-value refunds requiring accurate and careful return preparation
Freedom Tax Strategies
Serious Tax Problems Require Serious Attention
Freedom Tax Strategies is not a volume tax-preparation shop.
We work best with clients who have meaningful tax issues and want careful, strategic, representation-grade support. Whether the issue involves a late S-corp election, misapplied tax payment, refund delay, prior-year cleanup, or complex individual and business filing, our goal is to help clients understand the problem and take the next appropriate step.
Need Help with a Complex Tax Issue?
If you are dealing with a missing payment, refund delay, late S-corp election, IRS or state notice, prior-year filing issue, or business tax cleanup matter, Freedom Tax Strategies can help you review your options.
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What Services do you offer?
We offer a comprehensive range of accounting and tax advisory services tailored to individuals and businesses across all 50 states. Our services include tax preparation, tax strategy, bookkeeping, accounting, and CFO Services, as well as IRS representation, business entity formation and more.