Encino, CA (PressExposure) January 28, 2010 -- A man from Tennessee who owed the IRS $136,000 in back taxes, is now debt free thanks to Tax Resolution Services (TRS), a company that has saved Americans over $52 million in taxes, penalties, and interest.
In 1998, Lloyd S. faced an overwhelming tax debt of $136,000. After years of trying to handle his tax problems on his own with no success, he heard about TRSâs expert tax attorney and tax resolution services on Bill Handelâs radio show and he made the life-changing decision to get professional help qualifying for an Offer in Compromise tax settlement. The IRS Offer in Compromise program offers tax relief to Americans by allowing them to settle their tax debt for less than what they owe. With expert tax help from TRS, Lloyd won an Offer in Compromise for $2,290âless than 2 percent of the tax balance owed.
âThe Offer in Compromise can be a complicated and drawn out process, which is why TRS thoroughly analyzes each clientâs current financial situation, previous tax returns and records to determine the exact amount owed,â said Michael Rozbruch, founder and CEO of TRS. âThis ensures that you are not obligating yourself to pay a penny more than what you owe and can finally retire your back taxes and IRS problems once and for all!â
While Rozbruch anticipates that more offers than ever will be submitted to the IRS this year due to the economic challenges of the current recession, taxpayers should be aware that IRS rejects the majority of offers they receive.
âI attempted the Offer in Compromise process on my own twice with no results, as well as having given one of TRSâs competitors nearly $5,000 in exchange for absolutely nothing but 14 wasted months, and no offer even submitted,â said Lloyd S. âI honestly felt an enormous weight has been lifted off of my shoulders, and I can now proceed with a ânormalâ life, absent the constant worry and concern this horrible predicament creates!â
Tax Resolution Services is dedicated to providing affordable solutions to businesses and individuals who find themselves in trouble with the IRS. Their team of expert tax attorneys, enrolled agents and CPAs has a success rate of 90% - second to none in the industry - and an Offer in Compromise Settlement Rate of $0.106 on the dollar. For more information or to receive a FREE tax relief consultation, visit http://www.taxresolution.com or call 866-IRS-PROBLEMS.