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IRS Offer In Compromise – Ellisville, MS

A married couple residing in Ellisville, Mississippi hired Timberline Tax Group for overall account protection and resolution regarding their federal tax liability estimated around $56,000. Upon review of the account, the Associate found that they could be put into a streamline Installment Agreement $200 per month; however, after speaking with the clients who were having health issues, the Associate decided it would be in their best interest to try to settle the whole liability so they can move forward without the Internal Revenue Service behind them. An Offer In Compromise was submitted to the Internal Revenue Service and once an Offer Examiner was assigned, negotiations began. Additional documentation was provided with explanations for several months. In the end, an offer was accepted for $6,500 saving the clients nearly $50,000.

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