A recent client of ours ran into trouble with his retirement fund when he decided to cash out money. The IRS distinguishes this as income, in which you are liable to pay your taxes. With his disability, he desperately needed the compensation and didn't know how he was ever going to pay the tax debt. Once the IRS got wind of his tax liability they issued him a tax burden of an outstanding amount of $25,569.62. We were able to successfully negotiate an Offer in Compromise and lower his insurmountable tax debt to just $5.00! That's 99.99% of the total tax liability! Way to Go!