01 The problem
Because Jerry’s pension and SSI payments came with no tax withholding, he had no way of knowing a balance was building. It’s a mistake that catches many retirees off guard, income that feels “already settled” can still generate a tax bill. By the time the issue surfaced, Jerry owed $83,000.
02 How We Resolved It
Our attorneys built a complete financial picture using Form 433-A, documenting Jerry’s living costs, fixed income, and minimal assets to establish that he had no realistic ability to pay. That case was submitted to the IRS as an Offer in Compromise.
03 The Outcome
The IRS accepted the offer in full. Jerry’s entire $83,000 balance was forgiven, a 100% reduction, with nothing left owed.