Saturday

What a Successful IRS Offer in Compromise Looks Like (Proof of an Accepted Offer in Compromise, Not Just Words) $5000 settlement on over $65,000 of tax debt


This client owed over $65,000 and as you can see below the IRS settled for $5000 through their Offer in Compromise program.  This of course is not typical for every client.  The selling points for convincing the IRS to settle on this taxpayer's debt was his age (over 60), health issues (artery disease), and lack of assets and monthly disposable income.

This taxpayer had hired the now defunct Tax Masters who had him on a $100 a month payment plan after he paid them to prepare an Offer in Compromise.  I stepped in and first had the IRS drop the installment agreement (i.e. monthly payment plan), then negotiated a currently not collectible status.  After that he was able to borrow $5000 from a friend (which we noted in the Offer in Compromise) and after 8 months they finally agreed to accept the Offer.




If you need help with your back taxes please either email me nick@patriotresolution.com or call me directly at 720.491.3531