How to avoid tax penalties and liens with the IRS Fresh Start Program Tax Lien –No one wants to receive a lien notice due to a tax balance. The Fresh Start Program increased the debt threshold that triggers a tax lien. Now, you have to owe $10,000 or more before the IRS places a...
The IRS Fresh Start Tax Program is a set of initiatives designed to help taxpayers manage and reduce theirtax debt. It offers a variety of benefits, such as simplified payment procedures, debt settlement, payment plans, penalty waivers, and delay of tax collections. By meeting specific criteria...
You can do this. A fresh start is on the horizon. What Is the IRS Fresh Start Program? The IRS created the Fresh Start Initiative as a way of expanding assistance to those dealing with tax debt. The program has been around for over a decade, and has been expanded to loosen some of ...
WASHINGTON - For the last several years, the Internal Revenue Service has offered some relief for people having problems paying their taxes.This tax season, the IRS has specifically targeted the unemployed and smallbusiness owners for help through its Fresh Start initiative. The agency is also ...
Chicago tax lawyer and CPA - IRS Fresh Start Program info tax debt relief and tax return preparation. 773.307.0181 Brian@Brianthompsonlaw.com
In some instances, you can receive tax relief by having some of your tax debt forgiven. This process is known as an offer in compromise. What do you do if you can’t afford your taxes? What is the IRS Fresh Start program? Can a tax attorney negotiate with the IRS?
IRS or NCDOR Tax Debt? I'm here to help! Tax relief solutions include Offers-in-Compromise, Wage Garnishment and Bank Levy removals, Installment Agreements.
A Fresh Start for Tardy Taxpayers Back in 2011, the IRS rolled out its Fresh Start program, geared toward giving late-paying Americans a path back to paying off their tax liabilities.1 More recently, the program was replaced with offers in compromise, but concept remains similar. "We are...
Discover if you qualify for the Fresh Start Program, Offer In Compromise, or other tested relief programs with Lexington Tax Group. We protect your assets, remove IRS pressure, and save you money! Knowledge is power, and learning your options is free. Wave goodbye to IRS stress and tax worr...
What is the Fresh Start program with the IRS?Second, the Fresh Start program raised the tax debt totals required before taxpayers saddled with tax debt need to provide a financial statement to the IRS. This makes it a lot more convenient for people hoping to pay off their taxes over an ...