Freelancer settles $52k tax debt for pennies
Challenge: A self-employed designer had three years of unfiled returns and a $52,000 IRS balance with a levy notice on the way.
Solution: We filed the back returns, established Power of Attorney to stop collections, and negotiated an Offer in Compromise based on documented financial hardship.
Result: The IRS accepted a settlement of $11,000, wiping out roughly $41,000 of debt, and the levy was released.