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IRS Offer In Compromise

An individual who resides in Pomona, New York hired Timberline Tax Group to assist in resolving her $23,000 federal income tax liability. Initially the taxpayer’s representative negotiated a currently not-collectible status with the Internal Revenue Service in order to hold off all Enforced Collection Action against the taxpayer. Once this was completed, it was determined that the taxpayer qualified for an Offer In Compromise. Within a period of four months, the Enrolled Agent was able to negotiate an acceptance of an offer of $374.00 to satisfy the entire debt on the account. This action saved the client a total of $22,788.36!

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