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IRS Offer In Compromise – Colorado

A taxpayer from Colorado hired Timberline to protect his personal account from enforced collection action while helping to reduce the liabilities owed. The Associate assigned to the case first ensured the taxpayer was safe from enforced collection action while the file underwent a financial analysis. Upon review of the initial account information, it was found that the taxpayer would qualify for an Offer In Compromise. The team worked up an official Offer in Compromise request with supporting documentation and submitted on the client’s behalf. When the case was assigned to an Examiner, the Associate kept up negotiations until the final acceptance. The taxpayer was approved to walk away from $250,124.52 and will only pay $1,910.00!

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