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Tax Resolution

Freelancer settles $52k tax debt for pennies

$41,000IRS debt settled

The Challenge

A self-employed designer had three years of unfiled returns and a $52,000 IRS balance with a levy notice on the way.

Our Solution

We filed the back returns, established Power of Attorney to stop collections, and negotiated an Offer in Compromise based on documented financial hardship.

The Result

The IRS accepted a settlement of $11,000, wiping out roughly $41,000 of debt, and the levy was released.

Results shown are a representative example based on a real client engagement. Individual outcomes depend on your specific facts and IRS determinations.

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Freelancer settles $52k tax debt for pennies | Libre Tax Service Case Study