IRS & State of Michigan Tax Offer In Compromise

Many taxpayers find themselves in a never-ending cycle which keeps them consistently in debt to the IRS. Due to recurring late fees and other penalties, it isn’t uncommon for taxpayers to rack up additional debt faster than they can pay it off! These old tax liabilities can prevent you from owning a house or vehicle, or even opening up a bank account. Many banks will not offer loans if your credit report currently has a federal tax lien due to tax debt.The IRS offer in compromise (OIC) program allows you to settle your tax debts for less than the owed amount. Preparing and successfully negotiating an OIC is a complicated process that can take anywhere from 3 to 12 months. Rather than taking on this complex burden yourself, let the tax experts at Franskoviak & Company present an OIC on your behalf. Our years of practice and familiarity with the tax payment process allows us expedite cases and achieve the best results for our clients.

Our firm will prepare the OIC documents and handle all related IRS negotiations on your behalf. With our team of experienced CPA’s, enrolled agents, and tax professionals, you never even have to meet with the IRS! Our success rate for OIC acceptances is superb and we have saved hundreds of clients thousands of dollars, and returned peace and stability back into their lives.

Feel free to browse our testimonials for examples from past satisfied clients, and contact us when you’re ready to schedule your free consultation.

Justin Havner
Hardwood Floor Installer
Metro Detroit, Michigan
Offer in Compromise
5 Months
Justin had fallen into some hard times due to the economic downfall in his field of hardwood floor installation. This left him and his wife a hefty bill of $41,194.26 due to the IRS for back taxes, and they had no means of being able to pay it off. Justin came to Franskoviak & Company, P.C. to see if he could get any relief with his IRS tax bill. With the IRS “Fresh Start” program we were able to settle his tax debt for $500.00, a settlement rate of only 1.2%!
Justin was now able to continue to provide for his family without the worry of the IRS showing up and taking everything. He appreciated everything we had done for him and had these kind words to share.
“They [Franskoviak & Company, P.C.] been great the whole time. They helped me out, that’s for sure.”
“[Franskoviak & Company, P.C.] was extremely helpful in getting this resolved. Got nothing but good things to say.”
Owed: $41,194.26 Settled: $500.00
Ashley and Charles
Full Time Student
Shelbyville
Offer in Compromise
1 Year
Ashley and Charles had a lucky streak at a casino. However, when it came time to file for taxes that year, their lucky streak ended up costing them with a tax bill they could not afford with the State of Michigan. Ashley is a full-time student so that left them with little funds to spare. We negotiated with the State of Michigan and we were able to settle their tax debt for $2,000, a savings of $14,944.
Ashley felt relief when she heard the encouraging news; in fact she had some words of praise for Franskoviak & Company, P.C.
“You guys [Franskoviak & Company, P.C.] helped us out a lot! Everything went so well, we were in a tough spot. It took a load off of my mind.”
Owed: 16,944.00 Settled: 2,000.00

Phillip C.
Police Sergeant
Saint Clair Shores, Michigan
Offer in Compromise
15 Months
Phillip C., a 20 year member of the Detroit Police force, and a single parent, had gotten into some tax trouble. Unfortunately, the IRS Revenue Officer assigned to his case was threatening to garnish wages and seize his bank accounts if he didn’t come up with a large sum of money.
Phillip was very concerned, because he supports and raises two children, leaving him with not a lot of monthly cash flow to make the large payments the IRS was demanding. With his financial situation he would qualify for an Offer in Compromise as part of the IRS’s Fresh Start Program.
After renegotiating with the IRS we were able to get his debt settled down to $13,560.72.
“Calling you guys was the best decision I ever made. I will recommend you guys to anyone. Your service was great and you thoroughly explained all the pro’s and con’s. I learned a lot very quickly about the IRS in a short period of time, the process was fully explained which made me very comfortable about my decision. Everything was excellent, emails answered promptly, atmosphere was nice, staff was welcoming and coffee was tasty too!”
Owed: $135,525.76 Settled: $13,560.72

Steve C.
Real Estate Professional
Bloomfield Hills, MI
Offer in Compromise
9 Months
Steve is a Real Estate professional, and unfortunately owed back taxes for several years because he didn’t pay quarterly estimates. Also because of the Real Estate downturn, his income had decreased over the last several years. Steve owed the IRS $159,847 for the last seven years, and was unable to make the monthly payments the IRS demanded. We filed the Offer in Compromise, and we were able to settle his tax debt of $159,847 for only $12,498, a settlement rate of only 8%.
“The people that worked on my case did an excellent job of negotiating, knowing the rules, and updating me along the arduous process. They helped keep the stress down that was pretty intense. Thank you to the Franskoviak team!”
Owed: $159,847 Settled: $12,498

Robert Z.
Company President
Michigan
Offer in Compromise
17 Months
Small business owner that ran into some financial trouble and had to file bankruptcy, he had a large capital gains taxes, penalties and interest owing from the sale of real estate and a subsequent IRS exam, we settled the debt for a $573,000 savings.
Owed: $778,000 Settled: $205,000

Neal M.
Business Owner
Lake Orion, MI
Offer in Compromise
Owed on back payroll taxes and we negotiated a settlement to help him save over $70,800.
Owed: $80,000 Settled: $9,200

Lorenzo B.
Retired Auto Worker
Detroit, MI
Offer in Compromise
Retired auto worker could not fully pay his taxes due to illness. We filed Offer In Compromise for several tax years. We negotiated a settlement to help save over $26,000.
Owed: $47,000 Settled: $20,681

Edith A.
Self-Employed Publisher
Detroit, MI
Offer in Compromise
22 Months
Filed several years back returns and negotiated settlement with IRS. We negotiated a settlement of over $17,000.
Owed: $37,873 Settled: $20,000

Jesse A.
Small Business Owner
Harlingen, TX
Offer in Compromise
Small business owner was unable to pay their payroll taxes due to declining economy. We represented the taxpayer while closing down the corporation. The taxpayer was assessed trust fund taxes as the responsible person. We negotiated a settlement to help save over $207,000.
Owed: $215,000 Settled: $7,994

Jeff K.
Real Estate Professional
Shelby Twp., MI
Offer in Compromise
10 Months
Owed the IRS $133,525 for back payroll taxes from a failed business from several years ago, settlement amount $4,950, a savings of over $128,000, Settlement percentage 3.7%
Owed: $133,525 Settled: $4,950
Patricia S.
Business Owner
Imlay City, MI
Offer in Compromise
6 Months
She owed the IRS $18,055 in back taxes and penalties. Settlement offer was accepted for $515. A savings of $17,500, settled for 3% of the original amount.
Owed: $18,055 Settled: $515

David T.
Painter & Handyman
Mt. Clemens, MI
Offer in Compromise
8 Months
He owed the IRS $65,520 for not filing 2006 & 2007 taxes. We prepared the returns, got the balance corrected to $16,632 and then filed an Offer In Compromise negotiating a settlement amount for $1,000. He only paid 2% of the original amount.
Owed: $65,520 Settled: $16,632

Steven L.
Computer Programmer
West Bloomfield, MI
Offer in Compromise
5 Months
Of the $15,493 he owed on his income taxes, his settlement amount was for $2,000. He saved over $13,493, a settlement of 15% of the original amount.
Owed: $15,493 Settled: $2,000

Sandra S.
Former Day Care Center Owner
Roseville, MI
Offer in Compromise
5 Months
Owed $20,649 in back payroll from a failed business, we settled the debt for $1000. She saved over $19,600, and settled for 5% of the original amount.
Owed: $20,649 Settled: $1,000

Andrew F.
Horse Trainer
Milford, MI
Offer in Compromise
6 Months
Owed $53,517 for back income taxes settled for $1500. He paid only 3% of the original amount owed, for a savings of over $52,000
Owed: $53,517 Settled: $1,500

George M.
Former Restaurant Owner
Clinton Township, MI
Offer in Compromise
7 Months
He owed the IRS $43,783 for 2002 and 2003 back taxes. Settlement offer was accepted for $1,000. A savings of over $42,000, settled for 2% of the original amount.
Owed: $43,783 Settled: $1,000

John M.
Restaurant Manager
Sterling Heights, MI
Offer in Compromise
7 Months
John came to Franskoviak & Company owing the IRS a total of $119,920 in back taxes, penalties and interest for late filed income tax returns for the years 2000 through 2007. Our team of tax specialists went to work and analyzed his situation, determining that he would qualify for the “Offer in Compromise” program. We then prepared the Offer in Compromise. The challenges we faced were that his spouse had significant income and assets, but she did not owe the tax debts. We reached a settlement with the IRS for $28,009. He was also allowed to make monthly payments of $1,051.75 each. John saved $91,911; almost 76% of the original amount owing!
After asking John about his experience with the Franskoviak team, he stated that this was his “First professional experience where I felt I was being treated fairly in a prompt manner & my case was handled professionally. I was also charged in a fair manner.”
Owed: $119,200 Settled: $28,009

Juan G.
Landscaper & Contractor
Detroit, MI
Offer in Compromise
7 Months
Juan came to us owing over $122,000 from an IRS audit. Juan owns a landscaping company that had been audited for failing to issue 1099’s to contract laborers. Our team of tax specialists submitted an Offer in Compromise and the IRS accepted our Offer in Compromise and settled for a total of $4,764; saving Juan over $118,000. He is only paying 4% of the original amount owed!
After asking Juan about the Franskoviak team, he replied “Franskoviak & Company did a great job! I’m very happy with the amount they saved me on my tax debt. I would highly recommend Franskoviak & Company services to anyone who had the same tax issues I had.”
Owed: $122,000 Settled: $4,764

Dale L.
Small Business Owner
Fenton, MI
Offer in Compromise
Dale L. from Fenton Michigan first came to Franskoviak & Company back in October, 2011 with an IRS balance owing of over $ 95,000 for past due payroll tax assessments for the years 1998, 2001, 2003, 2004, 2005 and 2008. The IRS Revenue Officer had placed tax liens on all his assets and was demanding a monthly payment that exceeded his ability to pay. The Franskoviak team of tax specialists went to work and submitted an Offer in Compromise with the IRS. After a long negotiation a successful Offer in Compromise resolution was reached that will allow Dale to make monthly payments of $ 592 over 24 months for a total of $14,208. Dale saved a total of $ 80,792; a settlement rate of 16% of the original amount owed!
Dale stated that “he and his company have been very pleased with the way the staff has treated us like family. And that Mike was very aggressive in our quest to resolve our issues with the IRS and we are very pleased with the results. Bryan Rye pointed out ways that we could reduce our taxes. The staff is very reliable and is always available to answer questions and provide effective advice when we are planning our taxes. Thank You Mike!”
Owed: $95,000 Settled: $14,208

Steve &Tarrah B.
Southfield, MI
Offer in Compromise
6 Months
Steve and Tarrah came to us with an IRS tax debt of $35,482 owing from the years 2003 through 2011 for back income taxes. With the help of the Franskoviak team of tax specialists, we negotiated an Offer in Compromise settlement with the IRS for a total of $1,000. They saved $34,482; a savings of over 97% of the original amount owing!
After asking Steve and Tarrah about their experience with the Franskoviak team, they responded “Franskoviak & Company was able to settle our IRS debt for pennies on the dollar. They were always courteous, professional and responded to all of our questions in a timely manner; no matter how many times, or how many questions we had asked. I would highly recommend them to family and friends with full confidence. They made my nightmare a dream come true with a fresh start.”
Owed: $35,482 Settled: $1000
Katherine B.
Disabled
Clinton Twp., MI
Offer in Compromise
6 Months
Due to a work related injury, Katherine had received a substantial worker’s compensation settlement that resulted in her owing back taxes for prior years. Unfortunately, she could no longer work and was unemployed; her only source of income being Social Security income. The IRS was demanding that she pay more than she could afford on a monthly basis.
We explained to her that she would qualify for an “Offer in Compromise Program” and could pay substantially less than the total owing. Our team of tax specialists contacted the IRS and obtained an immediate collection hold so that no levies or liens would be issued. We then submitted an Offer in Compromise of $250 on a $24,762 tax debt. About 5 months later we received notice from the IRS that our Offer in Compromise would be accepted. We saved Katherine a total of $24,512; 98% of the original amount owing.
After asking Katherine about her overall experience with the Franskoviak team, she replied “Everyone was great at the office and truly concerned about me as a person. That says everything in my book. ‘Treat people as you want to be treated.’ I would highly recommend Franskoviak & Co. services to anyone.”
Owed: $24,762 Settled: $250

Raymond O.
Plumber & Business Owner
Plymouth, MI
Offer in Compromise
9 Months
Raymond, a plumber, had a business that he owed back payroll taxes from 2003, 2004, 2005 & 2006. The total amount owing the IRS was $102,230, which included civil penalties. After explaining the possible options for Raymond’s case, the Franskoviak team of tax specialists went straight to work and submitted an Offer in Compromise. The IRS accepted the Offer in Compromise for $8,235 in one lump sum payment. Raymond saved $93,995; an amazing savings of 91% off the original amount owing!
When we asked Raymond about his overall experience with the Franskoviak team, he stated “The Franskoviak team was incredible and explained everything to me. They were outstanding and resolved my case quickly and at an unbelievable settlement amount.”
Owed: $102,230 Settled: $8,235

Mark T
Automotive Salesman
Michigan
Offer in Compromise
5 Months
Mark T., an auto salesman and father of two, owed the IRS $58,789 for past due income taxes for the years 2004, 2006, 2008, 2009, 2011 & 2012. Mark got into tax trouble because he was treated as an independent contractor and did not have taxes withheld from his income. The IRS had filed a tax lien and was threatening to levy his bank accounts. The Franskoviak team of tax specialists went to work and got an immediate collection freeze to protect his bank accounts. After reviewing their tax resolution options, the Franskoviak team determined that an OIC was the best option. The OIC was then prepared and submitted to the IRS and we negotiated hard to achieve an Offer in Compromise with the IRS for $4,500, payable 5 months after acceptance. Mark and his wife had a savings of $54,289; 92% of the original amount owing.
After asking Mark about his services with the Franskoviak tax team, he replied “I can sum up my experience with Franskoviak & Company very simply… You have a tax client for life!”
Owed: $58,789 Settled: $4,500

David & Linda G.
Commercial Real Estate Professional
Novi MI
Offer in Compromise
7 Months
David G. and his wife first came to Franskoviak & Company with a total tax debt of $158,125, for back income taxes for the years 2004, and 2007-2011. They had previously hired 2 other tax resolution firms to submit Offers In Compromise, which were unsuccessful. Franskoviak tax specialists reviewed their financial situation and determined they did in fact qualify for an Offer in Compromise. The OIC was submitted on 2/11/2013 and a final acceptance letter was received on 9/13/2013, in the amount of $23,241. They saved a total of $134,884; 85% of the original amount owing!
After asking David & Linda about their services with the Franskoviak team, they replied “This has been hanging over my head forever. You have altered my life permanently in a great way, thank you!”
Owed: $158,125 Settled: $23,241

Mark G.
Self-Employed Landscaper
Wixom, MI
Offer in Compromise
Mark G., a 50% shareholder and officer of a Landscaping company, had been assessed the trust fund recovery penalty as a responsible person for unpaid 941 taxes owed by his company. The total IRS tax debt he owed was $196,985, and the IRS was expecting payment in full. The OIC examiner originally offered to settle the IRS tax debt for approximately $32,000. We determined he should get a better settlement, so we filed an appeal. After providing further evidence to the Appeals Officer, the final settlement reached was $500.
When we asked Mark about his experience with the Franskoviak team he replied “Christine and Mike worked hard and diligently to completely resolve my tax issue. I am very pleased with their professionalism and the end result. Getting the OIC approval letter was such a wonderful feeling!”
Owed: $196,985 Settled: $500

Frank C.
Registered Nurse
Sterling Heights, MI
Offer in Compromise

When Frank C. first came to Franskoviak & Company, he was in tax trouble from a failed business. Frank was a previous owner and partner in a home health care agency that owed the IRS in back payroll taxes. When the business closed their doors, Frank was assessed $44,295 in Trust Fund Tax Civil Penalties, for the years 2009 and 2010. After discussing the best possible options with Mike, the Franskoviak team of tax specialists went right to work and submitted an Offer in Compromise with the IRS. After some negotiating and hard work by our team, the IRS accepted the offer for the amount of $5,677. Frank saved $38,618; an 87% savings from the original amount owing!
After asking Frank about his experience with the Franskoviak team, he replied, “IRS woes can be one’s worst nightmare if not dealt with and handled by professional and experienced CPAs &associates, like Franskoviak CPAs. After seeking the help of this trusted company, I can attest to the fact that I changed my perspective totally about trust and confidence, to companies truly capable of helping individuals with IRS issues like me. It is true, that they can truly negotiate on our behalf. They deliver as they promised. They are compassionate and care for people like me who have made mistakes but are willing to work it out with the IRS. I am touched by their dedication, concern and sincerity to help until there is a conclusion. Overall, my experience with Franskoviak & Company was excellent!”
Owed: $44,295 Settled: $5,677

Lonnie G.
Unemployed
Indianapolis, IN
Offer in Compromise
5 Months
Lonnie G., from Indianapolis, IN was originally working in Mexico while accumulating his large tax liability. When he lost his job and was forced out of his home, he moved in with relatives and decided that it was time to finally get his tax issues resolved. He came to Franskoviak & Company owing the IRS over $314,000 in back taxes for years 2002, 2003, 2004, 2005, 2009 & 2010. The Franskoviak team of tax specialists began work immediately and submitted an Offer in Compromise with the IRS. After a lot of hard work and much negotiation on both sides, the IRS accepted our offer amount for $33,049. Lonnie saved over $281,000; 90% of the original amount owing!
Owed: $314,112 Settled: $33,049

James M.
Dentist
Ferndale, MI
Offer in Compromise
James came to Franskoviak & Company owing the IRS $310,000 in back taxes for years 2005 through 2011. After deciding to hire us, our team of tax specialists went right to work and submitted an Offer in the amount of $50,928. The original OIC was denied, so we filed an appeal. After a lot of hard work and negotiation with the Appeals Officer, James’s offer was accepted. He saved a total amount of $259,000; a savings of 83% of the original amount owing.
After asking James about his experience with Franskoviak & Company, he replied “I am very pleased with your services. The process went pretty much exactly as it was explained to me. I would highly recommend your guys. Thanks again!”
Owed: $310,000 Settled: $50,928

Judy E.
Executive Secretary
Rochester Hills, MI
Offer in Compromise
4 Months
Judy E., an executive secretary from Rochester Hills, MI came to Franskoviak & Company in desperate need of our help. She had unfiled tax returns from the last 7 years, a levy on her bank account, as well as an amount owing to the IRS totaling over $40,000 from past due taxes for years 2005 through 2011. Judy had been dealing with a lot over the last 8 years, which included taking care of an ill relative, a divorce, job losses, and several moves. After hiring us, the Franskoviak team of tax specialists went to work and refiled the past 7 years tax returns. Then we submitted an Offer in Compromise with the IRS for an amount of $500. The IRS accepted the amount, saving Judy $29,389. That’s only 2% of the original amount owing!
After asking Judy about her overall experience with the Franskoviak team, she replied “I am absolutely satisfied with your efforts on my case. I’m really excited and happy to get this monkey off my back. Now I’m able to move forward with my life without this huge financial burden.”
Owed: $28,889 Settled: $500

Vicky & Tim W.
Couple
Walled Lake, MI
Offer in Compromise
6 Months
Vicky and her husband Tim came to Franskoviak & Company with a debt of $31,320 owed to the IRS, due to back taxes for the years 2005 through 2012. Prior to hiring our firm, Vicky hired two other national tax companies, with little to no result. The Franskoviak team of tax specialists went to work and submitted an Offer in Compromise to the IRS. After a lot of negotiating and hard work, the Offer in Compromise was approved for a total amount of $3,000. Vicky saved $28,320; a 90% savings from the original amount owing.
After asking Vicky about her experience with Franskoviak & Company, she was extremely pleased with our efforts. She explains, “I had spent almost $6,000 with two other national tax companies and got nowhere with them. This is a huge relief off of my mind.
Owed: $31,320 Settled: $3,000

Daniel W.
Self Employed
Sterling Heights, MI
Offer in Compromise
6 Months
Daniel W., from Sterling Heights, was a partner in an automotive repair company. The company had financial problems caused by insufficient revenues and cash flows, resulting in the company being forced to close. Subsequently, an injury kept Daniel from finding a new job. He tried to get unemployment or disability, to take care of his children, but was refused. On top of that, the IRS was telling him that he owed them a very large tax debt totaling $196,463. Daniel had been assessed civil penalty trust fund for unpaid payroll taxes as a responsible person & officer of the company. After hiring Franskoviak & Company, we worked with the Revenue Officer and got the company placed into uncollectible status. Then, we submitted an Offer in Compromise for Dan personally, for $1,000. The IRS agreed to the OIC settlement amount, saving Daniel $195,463; a 99% savings of the original amount owing!
After asking Daniel about his experience with Franskoviak & Company, he said “I spent a lot of money with other firms before I found your company – that produced zero results. The Franskoviak team has been nothing but diligent and professional through this entire process. Thanks to you guys, I sleep at night again and I am very much looking forward to putting the dark cloud of IRS harassment behind me, and moving on with the next chapter of my life. I can’t thank you enough!”
Owed: $196,463 Settled: $1,000

Charlotte N.
Perry, MI
Offer in Compromise
4 Months
Charlotte from Perry, MI resident owed over $198,000 to the IRS as a result of a tax audit from 2007. The client had been placed on an installment agreement of $163 per month and had been told by the IRS Revenue Officer it would last until the debt was paid in full. We settled the tax debt for $2,090, a savings of over $195,000. The tax lien was removed and the client was able to move on with life.
After Charlotte about her experience with the Franskoviak team, they replied “You were an answer to my prayer. My situation was hopeless and I was convinced there was no help for me. But meeting with you changed my future. The entire staff treated me with respect and kindness. They were professional, thorough, articulate in all communications, and always available. The outcome was more than I could have ever hoped for. Thank you!”
Owed: $198,000 Settled: $2,090

Wendell & Kathleen M.
Clarkston, MI
Offer in Compromise
6 Months
Wendell & Kathleen M. from Clarkston, MI came to Franskoviak & Company with an IRS tax debt from back taxes for the years 2006, and 2008 through 2012; totaling an amount of $87,043. They were a family of 4 with no savings or retirement accounts, and were worried that they were no longer going to be able to take care of their children with this large debt hanging over their heads. But, with the help of the Franskoviak team of tax specialists, the IRS accepted an Offer in Compromise for an offer amount of $5,000. The couple saved $82,042; a 94% savings from the original amount owing.
Owed: $87,043 Settled: $5,000

Barbara P
Psychologist
Southfield, MI
Offer in Compromise
5 Months
A self-employed Psychologist from Southfield, MI came to Franskoviak & Company with an IRS tax debt totaling $114,026 from past due income taxes owing for the years 2006 through 2011. With the small social security check and small income from her consulting business, Barbara could not afford to pay off this large tax debt. The Franskoviak team of tax specialists went to work and submitted an Offer in Compromise to the IRS for a settlement amount of $9,485. The IRS agreed to that amount, saving Barbara a total of $104,541. That’s a 91% savings of the original amount owing!
Owed: $114,026 Settled: $9,485

 

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