Our client lost everything in the market crash and moved to Oklahoma to try and start over. When our client came to us, he had not filed his tax returns in years and had a large tax liability. Once we had our client in compliance, we did a work up of their financial situation and found our client had very little money left over once they paid their bills. We used this information to file an Offer in Compromise. After filing, we waited months before the IRS even looked at our application. After an Offer Specialist was assigned, we started to negotiate on a settlement. During this time, our client found out they would owe for the upcoming year. We worked with the Specialist to not only get an affordable resolution for our client, but to get the new year’s balance included into the resolution. We were able to successfully secure an Offer for our client that ended up saving them over $89,000!
Team Member
Our client was a contractor with several health problems that led to a severe tax liability. Owing almost $200,000, our client was facing levies along with the possibility of getting fired from his job. Due to double knee surgery and an open-heart surgery, our client wasn’t able to work making his income very minimal. After learning this and going through his financials, we decided the best avenue for him would be to file an Offer in Compromise (OIC). Our team worked with our client to get all the necessary paperwork together, so we could file the OIC. After we waited several months for the IRS to assign an offer specialist, we were able to start moving forward with the offer. After going over some expenses, the IRS accepted our clients offer and we were able to save our client $152,946.75 in the end!
Team Member
Our client used to run a trucking business and fell behind on his taxes which created a tax liability of hundreds of thousands of dollars. Luckily, some of his balances expired due to time limits and he was able to get himself into Currently Not Collectible Status. This client came to us because he wanted to get rid of the liens the IRS had kept on his property when he went into CNC status. After going through our client’s financials, we realized after bills and expenses, our client had a monthly disposable income of $0. With that information, we submitted an Offer in Compromise to the IRS and waited. After a few months, the Offer Specialist tried to speak to our client, instead of us, to get financial information he could use against our client. Luckily, our client called us immediately and we contacted the Specialist. After some tough negotiating, we were able to secure an Offer for our client and saved him over $150,000!
Trucking Business Owner