R.P. (Consultant) Total owed, $165,000.  Total offer accepted, $4950.

Have you ever known someone so afraid of the IRS, they refused to open an envelope?  By the time the she came to me, she was a basket case, so I opened the envelopes, found out she had been assessed for the above amount, filed the twelve years of returns she failed to file and then filed an offer.  She paid her offer off over (24) months and her final payment will be in August of 2002.  What is the lesson? Open the damn envelopes.

Carol J. (Real Estate) Total owed, $125,000.  Total offer accepted but not yet completed as of 6-20-2002, $12,000.

Another envelope problem, but in this case the IRS was in Federal Court to take her house.  She came in with ten un-filed returns to do.  I completed them and contacted the Federal Attorney.  He stopped the proceedings.  The house was saved.  Six weeks late she came in with four Partnership returns that had not been done and four 1040's to be amended to correspond to the partnership returns.  I completed them and sent her on her way.  What is the lesson to be learned?  Open the damn envelopes and please know what kind of business you are.

Aloha from Hana.  It's such a small town in Maui, I can't even put initials here or his occupation.  This gentleman owed some $30,000 and we got him a $3,500 in the October of 2001.

B.D. a real estate agent.  She needed some returns filed and an offer.  She owed about $60,000.  The IRS accepted $2,500 in November 2001

Ruth T., a real estate agent in Southern, Nevada. She got involved in a really nasty divorce and I finally filed two offers, one for herself and one for her X-husband. The settlement was less than 5% for both of them. They both went through in the December of 2001.

Gene C and his corporation. He owed seven quarters of 941 tax and 2 years worth of 940. Yes, the IRS settles Fiduciary Tax as well as regular tax. The problem with this one was that the Revenue Officer was having him pay $1,500 a month a crediting the payments to the rear, not allowing him to afford to get into current compliance. Once we modified that, he got into current compliance and an offer was accepted on a liability of $265,000. The amount accepted was $22,500 and his was January of 2002.

B.D., a Real Estate Agent in Oakland. One of these simple cases (90%) are, when all fell into line. $86,000 liability with a $2,000 settlement. February 2002.

David C., an Insurance Broker. Many people come in my office after the problem hits them in the pocket book. In this case, the IRS had levied his insurance commissions for sometime and it finally occurred to him he could do something about it. First we tried to get the levy released and were told he did not file three years. We filed those returns, got the levy released and successful completed an offer. His liability for $43,000 was reduced to $8,500. However, the IRS on the commission levy already took another $10,200, so waiting was not a good thing. March 2002.

Joanne C., a Real Estate Broker. Another simple one that just happened. A large proportion of the offers go through without a hitch. We never even hear from the IRS until the acceptance letter comes in. Owed $102,000 and settled for $9,000. March 2002.

Earl C., a Construction Contractor in Austin. Owed $26,500 and the IRS settled for $2,080. March 2002.

David C., an Insurance Broker. Many people come in my office after the problem hits them in the pocket book. In this case, the IRS had levied his commissions for sometime and it finally occurred to him he could do something about it. First we tried to get the levy released and were told he did not file three years. We filed those returns, got the levy released and successful completed an offer. His liability for $43,000 was reduced to $8,500. However, the IRS on the commission levy already took another $10,200, so waiting was not a good thing. April, 2002

Dear Jerome:

"With your help I was able to reduce my debt owed of $35,000 to an accepted offer of just $2,300.  I would highly recommend you anyone I know."

Kevin D.

Dear Jerome:

"We received our letter of offer acceptance today!  The IRS agreed to our final offer.  This means we have saved over $70,000 in payments to the IRS.  We cannot thank you enough for all your help...  You kept saying it would happen and it has.  We are believers now!"

David P.

Dear Jerome:

"I am writing to give you my most sincere thanks for assisting me with my Offer in Compromise with the IRS and the State of California....What a tremendous relief it is to have those two gorillas off my back! Thanks to your efforts, I was able to eliminate a $60,000 liability to the IRS for $3,000 and a State of California liability debt of $30,000 for $3,000...  thanks to you I have a new lease on life...  to be able to remove $90,000 in debt for $6,000 is truly remarkable...thank goodness you're out there, fighting for the little guy."

Gene C.

Dear Jerome:

"I would like to thank you for your assistance in preparing my Offer in Compromise.  With your help I was able to reduce my debt owed of $35,000 to an accepted offer of just $2,300.  I would highly recommend you to anyone I know."

Kevin D.

"Suffering from certified traumatic stress syndrome, I managed to ask Jerome Stoll for a seat in his lifeboat."

"The overpowering situation with unresolved tax issues and liabilities rendered me overwhelmed and hopeless."

"Jerome facilitated an Offer in Compromise which resulted in a $125,000 tax liability being reduced to $10,500.  What a pro!"

JoAnne J.