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IRS Offer In Compromise – Thornton, CO (Unpaid Federal Tax)

An older couple in Thornton, Colorado hired Timberline to negotiate an Offer in Compromise in an effort to settle their unpaid federal tax liabilities.  The Enrolled Agent was able to demonstrate that the couple had very little future collection potential, and an Offer in Compromise was prepared, filed, and accepted upon first submission.  The Offer Examiner accepted the Enrolled Agent’s $324.00 Offer to settle a liability of just over $32,000.00.  This resulted in a total savings of $31,777.46, or approximately 99% of the total balance owed!

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