Penalty abatement is another form of relief offered by the Fresh Start Tax Program, allowing you to reduce or eliminate penalties due to reasonable cause. By providing evidence of reasonable cause for your existing tax bill, you can take advantage of this opportunity to lessen the burden of pena...
The IRS Fresh Start program makes it easier for taxpayers to qualify for tax debt relief. However, it can still be a slow and painful process. If you are struggling to pay your taxes, you’re not alone. Millions of Americans owe back taxes and experience the headaches that come with tax...
The Fresh Start Program provides options for penalty abatement, allowing eligible taxpayers to have certain penalties removed or reduced. Penalties can add up quickly, making tax debt even more challenging to manage. Under the program, taxpayers may qualify for penalty relief if they have reasonable ...
Internal Revenue Service's (IRS) Fresh Start taxpayer relief program as of May 2012, focusing on the IRS' institution of an abatement for tax year 2011 for the IRS' failure-to-pay penalty, as well as a doubling of the dollar threshold for tax balance due amounts....
Chicago tax lawyer and CPA - IRS Fresh Start Program info tax debt relief and tax return preparation. 773.307.0181 Brian@Brianthompsonlaw.com
The fresh start initiative gives greater flexibility to taxpayers, helping them get back on the right track. The program includes a number of debt relief options with the IRS. Some of these options lower your total tax bill, while others give you added flexibility on payment agreements....
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