Successful Offer in Compromise Allows Client to Get His Life Back

A client with a rough past came to Omni Financial to help him with both his federal and state Offers in Compromise. When he came to Omni, he owed almost $135,000.

Unfortunately, the state immediately rejected the Offer in Compromise, saying it was too low. Omni negotiated with the state, pointing out that the state had an inferior lien position to the IRS and the client was recovering from 12 years of severe drug addiction. Finally, the state agreed to place the client in uncollectable status.

The IRS took a little bit longer to review the Offer because they found several vehicles in the client’s DMV records that Omni was unaware of. After the client traded in one of the vehicles, he received enough money to make a down payment on another car and was able to finally see his Offer in Compromise accepted. Overall, the client saved over $117,000 and got his life back.

Are you struggling under the weight of IRS tax debt, trying to get your life back? Contact Omni Financial today for a free consultationto learn about tax debt solutions that may work for you.