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IRS Offer In Compromise

An individual residing in St. Petersburg, Florida hired Timberline to protect her from enforced collection action by the Internal Revenue Service. The Enrolled Agent assigned to the case obtained a hold of enforced collection action to allow time to review the financial items received. Upon review and discussion with the taxpayer, it was determined that the best resolution for the taxpayer was an Effective Tax Administration Offer In Compromise. Through extensive negotiations the Offer In Compromise was accepted for $20.00 on a $35,600.00 liability, payable withinin one month of acceptance. This approval provided the taxpayer with savings of approximately $35,000.00!        

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