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IRS Offer In Compromise – Tampa, FL

An individual from Tampa, Florida hired Timberline to assist in addressing a $1,252,458 balance with the Internal Revenue Service on a joint account. The Associate put forth a Power of Attorney to initiate representation and to protect the client from collection action. The team at Timberline gathered financial information and determined the client would qualify for an Offer in Compromise. An initial Offer was put forth but was turned down by the IRS several months later. The Enrolled Agent continued to push the Offer and after months of grueling back and forth negotiations, it was accepted by the IRS. The client ended up paying just $60,772 on a $1,252,458 balance, resulting in a total savings of $1,191,686!!   

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