Success Stories

Rebecca I.

Small Business Owner
Metro Detroit Michigan
Offer In Compromise

Rebecca, a small business owner, needed assistance with IRS and State of Michigan. She was in deep with the IRS and State of Michigan, owing back payroll taxes and income taxes to both. Rebecca already had an IRS Revenue Officer that was threatening her with bank levies, and she did not know what to do about it. She sought help so that she did not have to deal with the IRS, and was hopeful to get her tax issues solved once and for all. After reviewing her case, the team at Franskoviak & Company, P.C. negotiated an Offer in Compromise for both the company and personal with the IRS and State of Michigan. We settled $283,395 for only $23,628, a settlement rate of just 8%! And we are still helping her with her State of Michigan tax issues so the savings will only keep adding.

This is what Rebecca had to say about our firm:

“Franskoviak & Company, P.C. has excellent customer service, is knowledgeable about the tax processes needed to resolve tax debts as advertised. I was advised by John Foran, EA, that Franskoviak & Company’s interventions on my company’s behalf would successfully decrease my tax laibilities.”

Owed: $283,395 Settled: $23,628

Shon Hart

Businessman
Flint, Michigan
Offer In Compromise
21 Months

Shon needed help with a past due sales tax bill from a closed business. His tax bill was growing by the day due to penalties and interest, and there was no relief in sight for trying to get it paid off. Shon came to Franskoviak & Company, P.C. to see if there were any solutions to ending this nightmare. After review of his financial situation we determined that filing an Offer in Compromise with the State of Michigan would end his tax problems once and for all. Our team then got to work preparing and negotiating an Offer in Compromise with the State of Michigan and settled his $45,997 tax debt for only $2,740, a settlement rate of just 6%!

“If I gave Franskoviak & Company team a rating I would say 10 (out of 10). I feel very good, there was never anything misleading, and everything was upfront. When I needed to talk to someone and they were not available, I usually got a call back within the hour. When I got the acceptance letter for my offer from the State, Franskoviak & Company, P.C. delivered what they said they would. It made my wife believe and trust the system. We were skeptical at first, but we have no choice and are now glad that we decided to do it. There is no more anxiety, I would recommend Franskoviak & Company, P.C. wholeheartedly to anyone facing tax problems”

Owed: $45,997 Settled: $2,740

Michael Catanzaro
Contractor
Metro Detroit Michigan
Offer In Compromise
8 Months

Michael came to Franskoviak & Company, P.C. looking for help because he owed back income taxes as well as back payroll taxes from a closed business. Thanks to the economy, his current company was staying afloat, but did not have the luxury to help him pay-off a hefty tax bill. After taking on his case and looking at his current situation, we prepared an Offer in Compromise and settled his $114,323 tax debt for only $3,038.

“We are extremely pleased with the amount of effort Franskoviak & Company, P.C. put into our case and the final outcome. Their professionalism and the attention to detail to get our case resolved. Settling our IRS debt has been a great relief.”

Owed: $114,323 Settled: $3,038

Jason & LaShantinette O.
Technical Analyst
Metro Detroit Michigan
Offer In Compromise
7 Months

Jason O. and his wife were surprised when the IRS audited their tax returns, and it was uncovered that his wife was not claiming all of her income. They were now looking at a very large tax bill, and they did not have sufficient assets to pay the IRS. After getting a high recommendation from family member, they came to our office to find out their options for relief. After working on an Offer in Compromise we were able to negotiate and settle their $105,346 tax bill for only $15,467 a savings of $89,879.

“My overall feeling is that my experience with the company has been a positive one. The open communication during the process was great”

Owed: $105,346 Settled: $15,467

Ted Brown
President / CEO of Browns Concrete, LLC
Holly, Michigan
Offer In Compromise
13 Months

Ted owned a concrete company, and things were going well, but his payroll taxes and quarterly estimates were not filed and paid timely. This left him with a hefty tax bill being due to the IRS that included lots of penalty and interest fees. When he came to Franskoviak & Company, P.C. one of the first things we did was change his company to an S-Corporation. Then we worked on getting an Offer in Compromise negotiated and settled his $340,459 tax bill for only $65,500, a savings of $274,959.

When given the news that his tax debt had been settled, Ted had these words of praise about Franskoviak & Company.

“Franskoviak & Company is a great company and do what they tell you. Bryan and Mike are honest. The benefits I have received is that I can sleep at night because I have a great tax advisor that watches every move I make in my business so I can stay compliant with my taxes.”

Owed: $340,459 Settled: $65,500

Brian Iannacone
Small Business Owner and Flooring Contractor
South Lyon, Michigan
Offer In Compromise
13 Months

Brian had previously owned a floor installation business that was forced to close in 2012 due to financial problems. Although the business was closed the State of Michigan wanted to collect on back sales taxes from Brian. The amount the State of Michigan wanted was growing, and Brian wanted to settle it so that he could finally get back to living his life and supporting his family. He came to Franskoviak & Company, hoping that he would qualify for an Offer in Compromise with the State of Michigan. Franskoviak & Company, P.C. was successful in filing an Offer in Compromise with the State of Michigan and settled his sales tax debts totaling $108,078 for only $2,500, a settlement rate of 2.3%.

“Franskoviak & Company is very knowledgeable in accounting and tax resolution. Everything with them has always been smooth and thorough. I know the Franskoviak team is as knowledgeable and helpful as it gets in the tax field.”

Owed: $108,078 Settled: $2,500

Michael McClintock
Self-Employed IT Professional
Royal Oak, Michigan
Offer In Compromise
13 Months

Michael previously tried to solve his IRS problems himself, but the IRS only cared about getting the full amount of the money that is owed to them. So he came to Franskoviak & Company, P.C. to see what other options existed, and if we could solve his tax problem while still being able to support his family. After reviewing his current financial situation, Franskoviak & Company, P.C. was able to settle his $60,730 tax debt for $36,238, a savings of $24,492.

When given the great news, Michael had this to say about his experience with Franskoviak & Company, P.C.

“Don’t try to handle your problems with the IRS yourself. The IRS is not customer service friendly, and they are definitely not on your side. But Franskoviak and Co are. Just tell Mike the whole story, and let him deal with the IRS. They know who they are dealing with. Want to sleep better tonight? Drop the burden in Mike Franskoviak’s lap and let him do his job. He handled my case professionally and thoroughly. Whatever the case is, it’s not so unique and special that they haven’t heard of it. Do yourself a favor and get it off your back and get it handled. You have options.”

Owed: $60,730 Settled: $36,238

Robert Barrett
Small Business Owner
Ferndale, Michigan
Offer In Compromise
9 Months

Robert’s career path recently changed so he took this as an opportunity to start a new life and a company of his own. Unfortunately, Robert was left with a large tax bill that was growing by the day, and the IRS was trying to take what little he had available. Robert visited Franskoviak & Company, P.C. to see what options might be out there, and if he could get any form of relief from the IRS. After filing an Offer in Compromise with the IRS we were able to negotiate his $127,743 tax debt for $1,000, a settlement rate of 0.78%!

With this wonderful news, Robert could go back to focusing on growing his new business, instead of worrying about what the IRS might do to him.

“Franskoviak & Company, P.C. is an extremely professional firm, very easy to work with. They really know how to get things done! Everyone I came in contact with was highly professional and very personable. Franskoviak negotiated an Offer in Compromise with the IRS. I was able to settle my tax debt for less than 1% of the total. They also set up an LLC / S-Corp to assist me with taxes, and are negotiating to lower my State tax debt.”

Owed: $127,743 Settled: $1,000

James T.
Flooring Contractor
Metro Detroit Michigan
Offer in Compromise
10 Months

James is a self-employed flooring contractor that had built up a large tax bill with the IRS. He needed relief from his growing tax bill, and the threats to levy his bank accounts. He came to Franskoviak & Company to see if it was possible to get his life back on track and maybe even start to think about retirement. After our tax experts analyzed his current financial situation, we knew he could qualify for a “Fresh Start” with an IRS Offer in Compromise. We were able to negotiate his tax bill down to $6,480, an impressive settlement rate of 1.1%. James was thrilled to hear the news.

“Franskoviak & Company, P.C. has great service and friendly staff”

“Franskoviak & Company, P.C. basically gave me a fresh start, a new beginning, thank you.”

Owed: $547,364 Settled: $6,480

Gail
Attorney
Oakland County Michigan
Offer in Compromise
22 Months

“When I found Franskoviak and Company I had nowhere else to turn. I am an attorney and because of financial difficulties, owed over $180,000 in back taxes. Other accountants and some attorneys I called before Franskoviak and Company did not have any solutions to my tax issues. They simply could not help me. When I called Franskoviak and Company they made time to get me into the office immediately. Mike Franskoviak spent a lot of time talking with me and thoroughly reviewed my financials. After doing so, he told me that I qualified for an Offer in Compromise, and that he was confident he could help me with the offer. He and John Foran, who works with Mike, worked extremely quickly and hard on my case. They constantly kept me updated on the status of the Offer and were always available to answer my questions.

The IRS initially rejected the Offer in Compromise, but Mike, being extremely knowledgeable about the IRS, the Offer in Compromise and taxes, proceeded with an appeal. Because of Mike’s knowledge and preparedness the Offer in Compromise was granted, and under the Offer, I paid a little over $10,000 to settle all tax debt. This was a huge weight taken off me. The quality of work from Mike and John exceeded my expectations. I cannot thank them enough for everything they have done, and I don’t know what I would have done without them. I would definitely highly recommend them, and only recommend them, to everyone seeking help with tax issues and tax filings. Because of their knowledge and commitment to their clients, I will not go anywhere else for preparation of my tax returns and related issues.”

Owed: $162,047 Settled: $10,804

Dan Wade
Automotive Dealer Manager
Sterling Heights, Michigan
Offer In Compromise
6 Months

Dan was a partner in an auto repair show that was forced to close due to the economic downturn. While working odd jobs to make end meet, he injured his back leading to having difficulties trying to keep a steady income, let alone pay a hefty tax bill to the IRS. Dan hoped that Franskoviak & Company, PC could get him some relief, and not have to worry that the IRS or State of Michigan would take everything he had. After filing an Offer in Compromise with the IRS we were able to negotiate his tax debt for $1,000, a settlement rate of 0.51%!

With this good news Dan no longer has to worry what the IRS might do to him, and is thankful for the work done at Franskoviak & Company, P.C.

“I sleep at night. I don’t worry about the IRS or State of Michigan showing up and taking what I worked so hard for. Working with Franskoviak & Company was a fantastic experience with honest and trustworthy staff.”

Owed: $196,462 Settled: $1,000

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

Edward
Retired Teacher
Michigan
Offer in Compromise
15 Months
Edward was looking forward to retirement. Unfortunately, due to owing the IRS back taxes, most of his savings was gone. After ten years the IRS had drained his savings accounts for retirement. Edward was now afraid of losing his house. After negotiating with the IRS we were able to settle his tax debt for $45,300, a savings of $384,186.19.
After receiving the great news, Edward was relieved because now he could prepare for retirement, and be able to keep his house. He had many praises for Franskoviak & Company, P.C.
“John Foran was outstanding in handling my tax challenge with the IRS.”
“Very professional company, with the interest of solving the clients challenges.”
“[Franskoviak & Company, P.C.] lowered my tax bill significantly – allowing me to keep my house.”

Owed: $429,486.19 Settled: $45,300.00

Ron P.
Small Business Owner
Shelby Township, Michigan
Penalty Abatement
7 Months
A small business owner ran into some hard times with the economic downturn. At one point management was left with a choice, to pay their employees and bills or pay their payroll taxes. They were able to keep everyone employed, but now the company was looking at growing penalties and interest from the IRS payroll tax debt and a lien had been filed against the company by the IRS.
We reviewed the company’s finances, and understanding that a few years ago the economy was not as forgiving, we decided to negotiate with the IRS. We worked with the IRS to get the penalties abated and start a reasonable payment plan. After the work was completed we were able to get $46,575 in penalties removed.
“I really had no questions, everything was explained, and I am very satisfied with the outcome.”

Owed: – Settled: Saved $46,575 in Payroll Tax Penalties

John W.
Engineer Currently on Worker’s Compensation
Warren, Michigan
Offer in Compromise
8 Months
John W. is a recently injured engineer who was put onto disability with Worker’s Compensation. This left the single father trying to make ends meet on a limited and tight budget. Life did not get any easier when the IRS sent John a notice that they were going to levy his bank account to get the $100,027.39 he owed to them.
He met with our tax resolution experts; we reviewed his current situation, and determined that he would qualify for a reduced settlement under the IRS Offer in Compromise “Fresh Start Program”. After a little renegotiating with the IRS we were able to settle his tax debt to $14,044.60.
“Hello Mike and John,
I just wanted to take a moment to thank you guys and your staff for your help on my IRS Tax issues. Please feel free to pass this along to others with similar Tax Burdens I had.
I was buried deep, real deep 5 years worth of back Taxes over $100,000 worth. I was facing bank liens on savings, checking accounts, property, wage garnishments, [and] payments of close to $1,000.00 a month for the next 10 years. A real nasty, devastating situation.
I was embarrassed, worried sick every day trying to ignore the nightmare hoping IRS would go away. Then the BOMB hit, the IRS was going to start wage garnishments this would surely have finished me off.
I contacted Franskoviak and set up at meeting with Mike. I explained my situation to him. He said I had a good chance of the IRS accepting a Offer In Compromise. He explained the fees and timing along with a rough idea what the IRS may accept. I agreed and he set me up with John Foran one of his Tax specialists.
John sat down with me [and] gave me the information I needed for him to work on my case. John prepared and filed my late tax forms so I was current. He collected the rest of the documents that where necessary basically utility bills, rent payment, pay stubs, etc. John worked out the compromise submitted it to the IRS with my down payment. The IRS came back with a counter offer basically nick picked few items, nothing real serious I accepted, offer was approved by IRS. Finally ending the nightmare of uncertainty and fear of a major financial setback for a long time.
So anybody out there who is caught in the Tax Trap like me do yourself a huge favor and call Mike and his team I am sure he will be able help you, find a solution to your tax problems.
Thank You Again Mike / John”

Owed: $100,027.39 Settled: $14,044.60

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

Jason K.
Business Owner
Northern Michigan
Offer in Compromise
15 Months
A tavern in northern Michigan owed delinquent payroll taxes for 2009 to 2014 totaling to $228,990.08. The tavern’s peak business is during the high tourism summer months, with lulls during the cooler season. This created an issue with any payment plan that demanded large monthly payments due to less capital during the off-season. Making use of the IRS “Fresh Start Program” we were able to settle the tax debt of $228,990.08 to only $26,000, a settlement rate of 11%!
“It was successful; Franskoviak & Company got everything done. It was a huge weight lifted off of my shoulders. It was very timely, everything was submitted right away. They were on top of it.”
“Thanks for all your work! You guys rock!”

Owed: $228,990.08 Settled: $26,000

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

Duane L.
Retired Auto Detailer
Warren
Offer in Compromise
8 Months
Duane was retired and supplementing his income working sporadically throughout the year to make ends meet. The monthly payments to the IRS were starting to get too hard to keep up with his current intermittent income, and he hoped that there was another option to solve his seven years worth of tax problems. We filed an Offer in Compromise and were able to get his tax debt of $60,677 to only $6,150.
“I would highly recommend Franskoviak to anyone who has tax issues! They were very professional and communicated well. They explained the process well, and there was no guess work needed.”

Owed: $60,677 Settled: $6,150

Joseph K.
Retired Salesman
Rochester
Offer in Compromise
7 Months
Joseph had 7 years of unfiled back taxes, and owed money to the IRS since 2000. Having recently retired, Joseph was living off of a small fixed income with little room for extra expenditures. After filing an Offer in Compromise the $56,688 that was due to the IRS was successfully settled down to just $500. This is an amazing less than 1% settlement rate!
“Mike knew my case very well, and I feel very relieved. After 15 years of problems I feel very comfortable. I was very pleased with everything. Franskoviak and Company did a wonderful job and I appreciate it.”

Owed: $56,688 Settled: $500

Jimmy B.
Contractor
Michigan
Penalty Abatement & Installment Agreement
13 Months
Commercial real estate business, we filed his tax returns and received $50,000 in tax and penalty abatements, then we set him up on a monthly payment plan of $159 per month for 10 years, a savings of over $129,000.

Owed: $149,000 Settled: $19,080

Andrew G.
Business Owner
Michigan
Penalty Abatement
9 Months
Medical practice that ran into tax trouble as a result of unpaid payroll taxes, and the not filing his tax returns. We filed the returns and we requested penalties abated and received $170,000 in tax, penalty and interest abatements.

Owed: $400,000 Settled: $230,000

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

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

James B.
Self-Employed Attorney
Farmington Hills, MI
7 Months
Offer in Compromise
Law firm unable to pay their payroll taxes due to decline in economy and loss of several customers. Our firm filed several years back payroll and income tax returns. We negotiated a settlement with the IRS that resulted in a $182,000 tax savings.

Owed: $250,000 Settled: $68,071

Berton & Mary C.
Self-Employed Painter
Sterling Heights, MI

Owed large sum of back payroll taxes from a failed business. We negotiated a settlement that resulted in over $66,000 in tax savings.

Owed: $80,000 Settled: $13,700

Robert K.
Self-Employed Rep
Rochester Hills, MI

Owed on back income taxes from over several years. We negotiated a settlement that saved him over $108,000.

Owed: $120,000 Settled: $12,000

Guy H.
Self-Employed Sales Rep
Troy, MI

Problems with back income tax created debt over several years. We negotiated a settlement of over $149,000 in savings.

Owed: $162,000 Settled: $12,600.

Tony D.
Business Owner
Shelby Twp., MI
Penalty Abatement
3 Months
Owed the State of Michigan $521,231 due to unpaid sales taxes. We negotiated a penalty abatement of over $98,000.

Owed: $521,231 Settled: $98,000

Steve F.
Computer Consultant
Davisburg, MI

Owed the IRS $78,420 from his inability to pay his income tax debt, settlement amount $20,884, a savings of $57,536, settlement percentage 27%

Owed: $78,420 Settled: $20,884

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

Ray O.
Plumber
Plymouth, MI
Offer in Compromise
9 Months
He and his business owed the state of Michigan for back withholding and SBT taxes of over $113,810. We filed our Power of Attorney, contacted the state, and got the account corrected by reviewing the statute of limitations, and filing corrected returns. Settlement offer was accepted for $2,892, a savings of almost $111,000, and 3% of the original amount.

Owed: $111,000 Settled: $2,892

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

Mark & Lori H.
Commercial Real Estate Professionals
Southfield, MI
Offer in Compromise
5 Months
They owed $673,556 in back income taxes as a result of not paying quarterly estimates as well as failing to file over 6 years of back tax returns. We negotiated an Offer In Compromise and settled for $1,682, a savings of over $675,200, which is almost a 100% settlement!

Owed: $673,556 Settled: $1,682

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

Charlotte R.
Disabled University Employee
Waterford, Michigan
Offer in Compromise
6 Months
The taxpayer owed the IRS from tax debts 2004-2006 from sale of real estate totaling close to $184,500. Settlement offer was accepted for only $100. With a savings of $184,400, she paid close to 0% of the original amount owed.

Owed: $184,500 Settled: $100

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

Arthur D.
Retired
White Lake, MI
Levy Release
1 Month
Arthur came to Franskoviak & Company with unfiled tax returns for the last seven years. The IRS had placed a levy on his monthly social security benefits and the taxpayer was suffering financial hardship. The IRS said he owed $16,708. The Franskoviak team kicked into high gear, prepared the 7 years of tax returns and got the levy released in full. The taxpayer is now owed a refund of $2,671; a savings of $19,379!

Owed: $16,708 Settled: Refund of $2,671

Mark K.
Self-Employed Chiropractor
White Lake, MI
Offer in Compromise
7 Months
Mark came to Franskoviak & Company owing the IRS for past due payroll taxes for 2007, 2008 and 2009; a total amount owing of about $28,114. With the help of the Franskoviak team of tax specialists, we negotiated an Offer in Compromise and made a settlement with the IRS for a total of $6,096. Under the terms of the settlement, Mark will make monthly payments of $254, until the balance is paid in full. We saved Mark a total of $22,018; he paid 22% of the original amount owed.
After talking with Mark about his services with the Franskoviak & Company team, he stated “I was very pleased with the money you saved me, especially on the business side. If I hear of anyone in the area with tax problems, I’ll definitely give them your number.”

Owed: $28,114 Settled: $6,096

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

Ken K.
Federal Express Deliveryman
Shelby Twp., MI
Offer in Compromise
8 Months
Ken came to us owing the IRS approximately $72,000 as a result of not paying quarterly tax estimates for a 3 year period. The Franskoviak team of tax specialists went to work. The starting process was to get a collection hold so no wage or bank levies would be issued. Next we got Ken into compliance by filing back tax returns. Lastly we submitted an Offer In Compromise for $549. Initially the IRS claimed in their response that Ken could pay more, over $25,000. But we negotiated hard, and our experience with the laws paid off. Finally, the IRS relented and agreed to the $549 Offer In Compromise. Ken saved $71,993; over 99% of the original amount owed!
When we asked Ken about the Franskoviak team he replied “Franskoviak & Company took a terrifying situation and with their expertise and knowledge, brought me peace of mind and got the best resolution I could ever hope for. You guys turned a hopeless situation into a brand new beginning.”

Owed: $72,000 Settled: $549

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

Marvin R.
Bakery Shop Owner
Grosse Pointe Woods, MI
Offer in Compromise

Marvin came to Franskoviak & Company with several years of unfiled tax returns from 1999 through 2011. Our team of tax specialists first got him into compliance by filing the unfiled tax returns. We then requested a collection due processing hearing, so we could challenge the underlying tax assessments, and put an immediate freeze on IRS Collection efforts. Lastly, we submitted an Offer in Compromise as a collection alternative. The IRS appeals officer accepted the Offer in Compromise of $7,641, on a total tax debt of $80,979. Marvin saved a total of $73,338; 90% of the original amount owed. Marvin paid off the settlement amount immediately and the tax lien was released immediately. Marvin is now free of IRS tax debt and can expand his business without fear of IRS tax debt hanging over his head!
When we asked Marvin about his experience with the Franskoviak team, he replied “I was very happy with the amount that Mike and his team were able to negotiate for an IRS settlement.”

Owed: $80,979 Settled: $7,641

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

Steven K.
Real Estate Professional
Warren, MI
Currently Non-Collectible Status

Steven K., a self-employed real estate professional had not filed tax returns for 2007 through 2011. In addition, he owed over $80,000 of income tax for the years 2002 through 2006. The IRS Revenue Officer sent a wage levy to his employer and filed tax liens against all his real estate. The Franskoviak team of tax specialists went right to work, prepared the unfiled tax returns, and got the levy released from his wages immediately, due to his current financial condition. Tax relief was immediate and very much appreciated by this client.
In addition, we re-filed his 2002 through 2006 tax returns, and got the balance reduced to $12,000. The IRS Revenue Officer now agreed to place his account into “currently not collectible” status, once we showed his current financial status. Steve is not required to make payments to the IRS and can breathe easier now, since the IRS burden has now been lifted off his back.
After asking Steven about his services with the Franskoviak team, he stated “It’s a relief to have all my past returns processed after being so afraid of the consequences of what could have happened. Your team has been the most helpful. I was afraid to face the music and during my consultation, and you convinced me it would all work out. After that, I wasn’t as afraid anymore.”

Owed: $80,000 Settled: $12,000

Kevin G.
Mechanical Engineer
Bloomfield Township, MI
Offer in Compromise
4 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!”

Kevin G., a mechanical engineer from Bloomfield Twp., had not filed income tax returns in over 20 years. We contacted the IRS to get his account record and transcripts, determined that we only needed to file the prior six years tax returns. We then advised our client to get current with his quarterly estimates, and determined he would qualify for an Offer in Compromise. His balance owing to the IRS was $23,777, and the Offer in Compromise was accepted for $1,614; a settlement of about 7% of the original amount owing.
After asking Kevin about his overall experience with the Franskoviak team, he replied “I am very happy with the outcome and glad to have it over and done with. You guys were awesome.”

Owed: $23,777 Settled: $1,614

John F.
In-Home Care Attendant
Rochester Hills, MI

John F., Rochester Hills resident, self-employed home care attendant and part time college student, came to Franskoviak & Company owing $21,550 to the IRS for the tax years 2009, 2011& 2012. After filing his 2012 tax returns, the Franskoviak team determined he would qualify for an Offer in Compromise. Our team of tax specialists began immediately and submitted an Offer in Compromise to the IRS. The IRS accepted our offer and settled on a new amount totaling $3,710. John saved $17,840; 82% of the original amount owing!
After asking John about his experience with Franskoviak & Company, he replied “Mike and Christine were great to work with and put my mind at ease. The end result was better than I expected!”

Owed: $21,550 Settled: $3,710

Mark T
Automotive Salesman
Michigan
Offer in Compromise
5 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!”

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

Robert & Arlene Z.
Promotions Advertiser
Oakland Twp., MI
Partial Payment Installment Agreement

Robert & Arlene Z., from Oakland Twp., MI, were in severe tax trouble. They had defaulted on a promised Offer in Compromise and the IRS revenue officer was threatening severe collection actions, and demanding large sums of money. The total tax debt was about $800,000. Our team of tax specialists worked closely with the revenue officer to assure against our client that no levies or seizures would take place, and to back off the IRS. We then negotiated a “Partial Payment Installment Agreement” (PPIA) of $2,050 per month, for approximately 60 months; a savings to the client of over $677,000.

Owed: $800,000 Settled: $123,000

Lorraine S.
Retired
Sterling Heights, MI
Penalty Abatement

When Lorraine S. a retired widow from Sterling Heights, MI first lost her husband in 2010, she inherited his business, but was completely unaware of the Trust return filing requirements. She went on to hire a different Tax Professional to prepare the necessary trust returns. The Tax Professional was unable to prepare those returns, and Lorraine was assessed late filing penalties adding up to $34,580. After meeting with Mike, our team of tax specialists applied to the IRS for a waiver due to “reasonable cause”. The IRS agreed and the late filing penalties were abated in full! She can now put her mind at ease knowing that she will not have to pay this large tax debt on a fixed retirement income.
After asking Lorraine about her experience with the Franskoviak team, she responded “I was very pleased with the service from Franskoviak & Company, but more importantly with the result. Outstanding!”

Owed: $34,580 Settled: $0

Jimmie B.
Construction Worker
Eastpointe, MI
Partial Payment Installment Agreement
13 Months
Jimmie B., owed $145,477 in back taxes to the IRS for failing to file and pay his 2002 through 2011 income taxes. Jimmie feared of IRS collection actions including asset seizure and levy. Our team of tax specialists immediately went to work and negotiated a Partial Payment Installment Agreement with the IRS, of $333 per month for the statute of limitations, or approximately 120 months. The amount paid back to the IRS after that time will come to a total of $39,960. The Franskoviak team of tax specialists saved Jimmie $105,517; or 72% of the original amount owed.

Owed: $145,477 Settled: $39,960

Mary B.
Orthodontist Assistant
Dearborn Heights, MI
Offer in Compromise
6 Months
Mary B., a dental assistant from Dearborn Heights, was experiencing severe financial hardship. The IRS Revenue Officer had slapped a levy on her wages at work, leaving her with only $192 per week to live on (which is below the poverty level!). She hired Franskoviak & Company and we got the levy released within 24 hours, citing financial hardship. Our team of tax specialists then submitted an Offer In Compromise on her behalf and negotiated a settlement of $9,620, a 93% savings!
After asking Mary about her experience with the Franskoviak team, she replied “Great job Mike! It’s a fantastic settlement amount and you guys did a great job. I am very pleased with the result and ecstatic to get this IRS tax debt over with once and for all!”

Owed: $138,925 Settled: $9,620

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

Joe R.
Retired
Nunica, MI
Currently Non-Collectible Status

Joe came to Franskoviak & Company on December 16th of 2013 with a levy on his bank accounts and liability on his 2009 & 2010 taxes; owing the IRS a total of $265,027. Now that Joe is retired and is only living off of his social security checks, he no longer has the funds to be able to pay the IRS. The IRS had levied his bank accounts and also his social security benefits. The Franskoviak team of tax specialists went immediately into action and prepared 2 years of unfiled tax returns, as well as, submitted a request for a levy release to the Revenue Officer. Within 48 hours, the levy was released. Upon the submission of his income and expenses, as of January 7th, 2014 the IRS has rendered Joe to be put into Currently Non-Collectible status, based on financial hardship. Joe can now feel at ease that his IRS issues have been put to rest.

Owed: $265,027 Settled: Currently Non-Collectible Status

Russ S.
Sales Consultant
Sterling Heights, MI
Partial Payment Installment Agreement
9 Months
Russell S., a sales consultant from Sterling Heights, owed the IRS over $88,000 in back taxes for the years 2003, 2004, 2005 and 2008. After coming in to meet with Mike for his free consultation, they decided the best option was to apply for a Partial Payment Installment Agreement. A Partial Payment Installment Agreement, or PPIA, is where the taxpayer is on a payment plan that results in paying less than the total balance owing to the IRS. The Franskoviak team of tax specialists went to work and set up a PPIA of $1,057 per month until the statute expires. Once that statute expires, Russ will have paid a total of $28,684; saving almost $60,000; a savings of 68% of the original amount owing!
After asking Russ about his experience with the Franskoviak team, he replied “Franskoviak & Company did everything they promised to do and I was very pleased with the results.”
Owed: $88,000 Settled: $28,684

Jeff L.
Floor Installer
Hazel Park, MI
Currently Non-Collectible Status

Jeffrey L., a self-employed floor installer from Hazel Park, MI had been served with an IRS wage garnishment that left him with only $200 per week to live on. This happened because Jeffrey owed over $134,000 in back taxes for ten years of unfiled tax returns. Our office got the unfiled returns prepared and the wage garnishment lifted in less than 7 days, and the clients account was placed into Currently Uncollectible Status.

Owed: $134,000 Settled: Currently Non-Collectible Status

Robert T.
Retired Police Officer
Warren, MI
Currently Non-Collectible Status
5 Months
Robert T., from Warren, MI, had a tax debt with the IRS from 2009 back taxes; amounting to a total amount of $36,112 owing. Being a retired police officer and with his wife unemployed, Robert was at a standstill, and had no idea what he could possibly do to get rid of this tax debt. Especially, because the IRS was demanding a payment agreement, that would take him 60 years to pay off his debt in full. After meeting with Mike, and discussing his options, the decision was clear; Robert would qualify for Currently Non-Collectible (CNC) Status. The Franskoviak team of tax specialists went right to work and negotiated with the IRS. Within 5 months of hiring Franskoviak & Company, P.C., Robert was put into CNC status, and no longer has to worry about his tax problems.
After asking Robert about his experience with Franskoviak & Company he replied “I was very satisfied from the first communication. I am happy with this large debt being put into uncollectible status and I don’t have to worry about future levies on my bank account or other collection action.”

Owed: $36,112 Settled: Currently Non-Collectible Status

Larry C.
Music Director
Farmington Hills, MI
Offer in Compromise
10 Months
Larry, from Farmington Hills, MI, came to Franskoviak & Company with a levy on his bank accounts and wages for owing the for over the last 12 years. The amount he owed to the IRS totaled to $35,229. After discussing Larry’s options in his initial meeting with Mike, the Franskoviak team of tax specialists went to work and got the levy released within a week of hiring us. After the levy was released, the next thing to do was to apply for an Offer in Compromise (OIC). An OIC was submitted to the IRS and approved for the original settlement amount of $1,000. Larry saved $34,229; 97% of the original amount owing!
After asking Larry about his overall experience with the Franskoviak Team, he responded “Everyone in the Company was so friendly and helpful. Even Mike (Big Chief) came and sat with me through the process. I had a debt of almost $40,000 reduced to only $1,000. I trust and will always use Franskoviak & Company in the future.”

Owed: $35,229 Settled: $1,000

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

Jason B.
Roofing Contractor
Roseville, MI
Offer in Compromise
9 Months
Jason B., a self-employed contractor from Roseville, MI came to Franskoviak CPAs with unfiled tax returns for the years 2007 through 2012. The first step was getting Jason into compliance and we immediately filed those tax returns for him. The IRS then told Jason that he owed $176,000 and demanded payment. The Franskoviak team of tax specialists determined that he would qualify for the IRS Offer in Compromise Program and submitted an Offer in Compromise to the IRS, in the amount of $500. After substantial negotiations as to the value of his assets and amount of future cash flows, the IRS agreed and accepted our offer; saving Jason a total of $175,590. That’s a total saving percentage of over 99%!
After asking Jason about his overall experience with the Franskoviak & Company team, he stated “I appreciate the efforts of Franskoviak & Company on my case. Between Sig & Christine, it was a team effort. I’ve been trying to pick away at my IRS balance and it wasn’t going anywhere. With the OIC settlement, I can move forward with my life.”

Owed: $176,000 Settled: $500

James M.
Dentist
Ferndale, MI
Appeal

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

Michael A.
Floor Installer
Pontiac, MI
Offer in Compromise
8 Months
Michael, a floor installer from Pontiac, MI came to Franskoviak & Company with unfiled tax returns for the years 2008 through 2013. The first step was getting him into compliance and getting those tax returns filed. Next we negotiated for a levy release from his wages. The IRS told Michael that he owed $174,725 from those same tax years. The Franskoviak team of tax specialists went to work and submitted an Offer in Compromise with the IRS for the amount of $500. The IRS approved his Offer and Michael’s debt was reduced by $174,225; a savings of 99%!
After asking Michael about his experience with the Franskoviak team he replied “Franskoviak & Company was awesome! They gave me a brighter future with this tax debt finally off my back.”

Owed: $174,000 Settled: $500

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

James K.
Disabled
Mt. Clemens, MI

James K., from Mt. Clemens, MI had gone through a very difficult time over the past 7 years. After 35 years of working at one employer he lost his job, when the company went out of business. He was forced to liquidate retirement accounts to pay for ordinary living expenses. Then in 2012 his wife divorced him, and he had numerous health problems that resulted in becoming disabled. His original tax debt to the IRS totaled $195,477, and the IRS Revenue Officer demanded a large monthly payment that he could not afford. To make matters worse, the Revenue Officer was garnishing his only source of income; his disability income. James originally tried to take care of his IRS tax problem on his own. The IRS made things too difficult for him to handle himself, so he called Franskoviak & Company to help him. After getting the garnishment removed from his disability income, our team of tax specialists submitted an Offer in Compromise for $6,508. The IRS accepted the offer, saving James $188,969; 96% of the original amount owing!
When we asked James about his experience with the Franskoviak team, he replied “Franskoviak & Company was exceptionally wonderful. They picked up where I failed with the IRS. Their services were extremely quick and I am so satisfied with the results. Thank you so much!”

Owed: $195,477 Settled: $6,508

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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