It allows taxpayers to pay an agreed amount each month to the IRS. These payments go directly to the taxpayer's total tax debt and continue until the debt is paid in full. Once you are enrolled in an installment payment plan, you will no longer receive collection letters from the IRS or be subject to penalties. First, you'll submit all your tax documents to the IRS and explain that you can't pay your debt in full.
Then, you'll fill out additional forms that explain your financial situation. The IRS will review everything and then contact you with a reasonable agreement that benefits both parties. The new IRS initiative to start helping taxpayers who owe taxes Tax Relief USA has extensive experience submitting commitment offers, creating installment agreements, and exploring the ins and outs of the IRS's Fresh Start program. The IRS Fresh Start initiative expanded several programs to help taxpayers struggling with outstanding tax debts.
Of course, there are some additional conditions you must meet in order to participate in the Fresh Start program. But what exactly is the Fresh Start program and how does it work? The Fresh Start program is designed for taxpayers to pay their debts in full within six years and without placing a serious financial burden on them. If you're willing to enter into a dialogue with the IRS through a trusted advocate for tax relief, you're taking a step in the right direction, but no matter how many steps you take, your tax problems will never be completely erased, even if you're enrolled in the IRS Fresh Start Program. The Fresh Start provisions give more taxpayers the ability to use simplified installment agreements to catch up with back taxes and also more time to pay.
They'll review your case, understand the facts surrounding it, and then sit down with you to discuss your best options, including whether or not you're eligible for the IRS Fresh Start Program. The IRS knows that not everyone who has tax problems is a serious and intentional offender, and that's why programs like IRS Fresh Start are available. If you think you could benefit from Fresh Start or if you need an expert tax opinion for your situation, contact Tax Relief USA today for a free tax consultation. The Fresh Start program simplifies the process of paying a significant tax debt and alleviates some of the burdens of owing large sums of money to the IRS, such as taxes, wage garnishments and penalties.
The IRS requires that you be up to date with all tax returns before you are considered for the Fresh Start program. You may think that the IRS's Fresh Start initiative seems like a great idea, but you also might not be sure if you qualify for any type of tax relief. If you're not sure which Fresh Start program is the best solution for your particular tax debt problem, you should consult a professional for advice and guidance. It's worth mentioning that the Fresh Start Program isn't really a single program, but a collection of viable policies and plans offered by the IRS.
However, the complexity of the IRS's Fresh Start initiative means that you have a lot to gain from working with a tax professional when you explore what's available to you.