“Free to Move on with My Life”

The Back Story:

Individual from Cook County, IL

Our taxpayer, a Cook County resident and real estate agent, had unpaid assessed federal Form 1040 liability due to the IRS in the approximate amount of $69,000.00. Her income had significantly declined in the past few years and she was unable to afford to pay her tax liability in full. After retaining Patrick T. Sheehan & Associates, we filed an Offer in Compromise with the IRS. After negotiations with the IRS, we obtained an Offer in Compromise on behalf of our client in the amount of $6,280.00 to fully satisfy the debt in the amount of $69,000.00, a 91% reduction!