1. Taxpayers and their business owed approximately $1,200,000.00 in income and employment taxes. Offer in Compromise submitted and settlement reached at $57,500.00. Taxpayers still in business.
2. Taxpayer had not filed income tax returns for eight years. Taxpayer was self-employed. Returns prepared and filed. Taxpayer had liability of approximately $320,000.00. Offer in Compromise submitted and settlement reached at $3,379.00.
3. Taxpayer's business had failed and he had personal trust fund liability of approximately $450,000.00. Offer in Compromise submitted and settlement reached at $6,400.00.
4. Taxpayer was self-employed and had employment tax liablities of approximately $130,000.00. Offer in Compromise submitted and settlement reached at $2,659.00.
5. Taxpayers had not filed income tax returns since 1987. Taxpayer was self-employed. All tax returns filed leaving an income tax liability of approximately $125,000.00. Offer in Compromise submitted and settlement reached at $2,981.00.
6. Taxpayer was elderly and had old income tax liability of approximately $23,500.00. Offer in Compromise submitted and case settled at $100.00.
7. Taxpayer had employment and income tax liabilities exceeding $70,000.00. Offer in Compromise submitted and settlement reached at $1,000.00.
8. Taxpayer had employment tax liablities of approximately $26,000.00 Offer in Compromise submitted and settlement reached at $1,691.00.
9. Taxpayer was divorced and was left with a joint income tax obligation of approximately $32,000.00. Offer in Compromise submitted and settlement reached at $2,500.00.
10. Taxpayer's Husband had passed away leaving her with an income tax obligation of approximately $105,000.00. Offer in Compromise submitted and settlement reached at $5,000.00.
These are just a few examples of the cases we have settled on behalf of our clients. Results may vary based on the financial circumstances of each case. Please contact us at
hineslpa@ameritech.net for a free consultation to determine if we can be of assistance to you.