Vic and Aksel were like family to me through the years including several issues

“Vic and Aksel were like family to me through the years including several issues with the IRS and FTB. They continue to bail me out of bad tax situations.”

Taxpayer received a notice of proposed deficiency from the Franchise Tax Board stating that Taxpayer could not take the Qualified Small Business Stock Gain exclusion after selling his corporation. Taxpayer went through audit, a protest, a settlement hearing trying to fight the proposed assessment. Abajian Law requested a hearing with the Board of Equalization and drafted briefs in preparation for the hearing. Weeks before the hearing, Abajian Law was cc’d a memorandum written to the BOE stating, “after further review of the arguments raised by appellants in their supplemental briefing, the Franchise Tax Board is now prepared to withdraw the $93,007 proposed deficiency assessment for the taxable year.” The appeal was dismissed before the hearing.