Jack S. was a financial planner that ran into hard times with his business and fell behind in his employment taxes and his income tax. He was forced to close his business and take a job. When he came to me, he owed just over $132,000 in total taxes. Through the Offer in Compromise program, we were able to negotiate a settlement with the IRS for $28,000! Since Jack did not have this much money to pay at once, we were able to convince the IRS to accept monthly payments over the term of the statute of limitations resulting in a monthly payment of $333.00.

Joseph S. worked as a subcontractor for a year. He did not make his estimated tax payments and was unable to pay his income tax when he filed his tax return. Joseph owed $14,057 at the time of our first meeting. Through the Offer in Compromise program, we were able to negotiate a settlement with the IRS for a lump sum of $425.66!

David P. owned and operated a photography studio. He had some serious medical issues and was forced to shut down the business. The IRS assessed the Trust Fund Recovery Penalty against him for outstanding 941 taxes in the amount of $52,344. Through the Offer in Compromise program, we were able to negotiate a settlement with the IRS for a lump sum of $2,443!

Charlie R. owned a fencing company. Every winter was his slow time and he would fall behind in paying his employment taxes. After several years like this, his tax balance was up to $38,522 and the IRS was starting to get aggressive in collection efforts. His business was profitable and he did not want them to close it. He got into compliance with his current employment taxes and we were able to submit an Offer in Compromise for him and negotiate his liabilities down to $19,837!

Bob B. owned and operated a warehouse and packaging company. Due to bad economic times in the manufacturing industry, he fell behind in his employment taxes to the tune of $156,000. The IRS failed to assess the Trust Fund recovery Penalty within the statutory time limits so were able to negotiate a buyout of the business assets for $24,000!! We started a new business for Bob and transferred all of the assets to his new company free and clear of any claims by the IRS.

Mr. G. operated a large printing business that had a good history of paying it’s employment taxes on time. Due to some unforeseen expenses, he fell behind on the 941’s. Because Mr. G had a good payment history prior to this, I was able to negotiate an Administrative Abatement of Penalty and Interest in the amount of $18,557.64!