
IRS Fresh Start / Back Tax Negotiating
If you have unpaid taxes, the IRS provides several options to help you pay them. Negotiating with the IRS through an installment agreement, partial payment or offer in compromise are all viable options for settling your debt. However, it is important that you take care when negotiating with the IRS and be aware that they will never call you on the phone to request payment. If someone claiming to be from the IRS contacts you demanding money immediately, it is likely a scam. Do not fall for this scam and protect yourself by contacting the IRS directly. The IRS will never call you – if someone does claiming to be from the IRS, hang up immediately and do not provide any personal information such as debit/credit card numbers or bank account details. Remember, if you are ever in doubt about any communication from the IRS, contact them directly and they can help you. If you are looking to negotiate your taxes, the IRS offers a variety of options and they can help you choose the best one for your situation. Take advantage of these options to ensure that you pay what you owe in an affordable way. The IRS will never call you – if someone does claiming to be from IRS, it is likely a scam. Protect yourself by not providing any personal information or payment details and contact IRS directly for questions about your taxes. With IRS help, you can find the best method for settling your debt and keep yourself safe from scams.
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The IRS Fresh Start program is designed to help taxpayers who are struggling with their current tax debt and need assistance getting back on track. The program offers a variety of options for reducing or eliminating tax liabilities, such as an extended repayment plan and offer in compromise. Additionally, the Fresh Start program can help reduce other penalties associated with nonpayment. Taxpayers who qualify for the program may be able to make smaller payments over time, enjoy a reduction of interest and penalties, and even potentially have their debt forgiven altogether.
Taxpayers must meet certain criteria to qualify for the Fresh Start Program. In addition to having a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), they must also demonstrate that they have a consistent and reliable income source, are unable to pay their full tax liability in one lump sum, and will not be able to repay the debt within three years based on current income.
The IRS Fresh Start program is an incredibly valuable resource for taxpayers who find themselves overwhelmed by significant tax debts. It can help alleviate some of the burden associated with repayment and put taxpayers back on track. For more information about the program, visit irs.gov/individuals/irs-fresh-start or contact a qualified tax professional for assistance.
If you are in need of IRS Fresh Start assistance, reach out to a qualified tax professional today. It is important to act quickly as the program is only available for a limited time and availability may be restricted based on your specific circumstances. Don’t let tax debt stand in the way of financial success. Take advantage of this valuable resource from the IRS and get back on track today!
The key to successfully utilizing the IRS Fresh Start Program is understanding what it can do for you and how it works. Taxpayers who qualify by meeting certain criteria may have their penalties and interest reduced or even potentially have their debt forgiven altogether. Additionally, they may also be able to make smaller payments over time to help with repayment. However, it’s important to remember that the program is limited in scope and availability and may not be available to everyone.
To find out if you are eligible for the IRS Fresh Start Program, contact a qualified tax professional who can provide more information. With their assistance, you can take advantage of this valuable resource from the IRS and get back on track today!