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IRS Offer In Compromise

 

A self-employed carpet layer from Colorado hired Timberline to protect his personal account from enforced collection action while helping to reduce the liabilities owed. After thorough review of his household and business financials, it was determined that he qualified for an Offer In Compromise to settle his tax liability. The Associate moved forward with the negotiations of the Offer and after many months of negotiations and push back from the Offer Examiner, the settlement was accepted. Once negotiations were complete, the taxpayer was approved to pay $16,751.20 of his $118,097.36 liability. Total savings: $101,346.16

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