What To Do If YOU Owe IRS Money? – Resolving Tax Problems May Be Easier Than You Think
If there’s anything as disconcerting as having the Internal Revenue Service (IRS) call you about a tax problem, it’s having to call them. Dealing with the IRS is anxiety-inducing for many taxpayers, who are already have their plates full with work and family responsibilities. Fortunately, however, the Fresh Start Initiative has a process to help make resolving tax IRS issue.
Tax Debt is Heavy. Don’t Carry it Alone. IRS Debt is complicated. It’s hard to resolve IRS debt by yourself, as there are Tax Court Findings, Revenue Rulings, and Congressional Reports to consider. Here is an easy-to-fix mistakes that can land you into hot water…
If you owe the IRS less than $10,000 you can usually resolve your tax debt on your own. However, if you owe the IRS over $10,000, you should work with a tax professional who is experienced and qualified to handle this more difficult situation.
When you hire a tax professional, you need to ensure that they are a CPA, Enrolled Agent, or tax attorney- as those are the only professionals allowed to practice before the IRS. CPAs and attorneys are limited to practicing in the states that they are licensed, while Enrolled Agents can practice in any state. Your hired tax professional will help to alleviate your debt through 1 of 4 means:
1. Installment agreement
An installment agreement is a monthly payment plan for paying off your debt to the IRS.
2. Partial payment installment agreement
A fairly new debt management program where you have a long term payment plan to pay off the IRS at a reduced dollar amount.
3. Offer in Compromise
A program where you can settle your tax debts for less than what you actually owe. This program requires making a lump sum or short term payment plan to pay off the IRS at a reduced dollar amount.
First You should Check Your Eligibility for The IRS Fresh Start Program – a Free consultation and with no obligation
4. Not currently collectible
Where the IRS voluntarily agrees not to collect on the tax debt for a year or so.
A tax professional can save you time and money by reducing and eliminating your tax debt. However, be wary of companies that offer “pennies on the dollar” through an offer in compromise. These companies are more interested in selling you something that you do not need, and you often end up owing the IRS and wasting money. So if you owe the IRS money, you have options!
Do you owe the IRS $10,000 or more in tax debt?
If you owe the IRS over $10,000 in tax debt there is help! Fresh Start Initiative work closely with a network of certified tax professionals who work hard to settle tax issues for their clients. The IRS has some very powerful methods to collect their money (garnishing your wages, tax levies and tax liens.) So if you are unable to pay the IRS, don’t delay. With the proper assistance you should be able to create a payment plan with the IRS, negotiate late fees and interest penalties, or even reduce the amount you owe.
You May Qualify to be Forgiven for Tens of Thousands of Dollars in Tax Debt
If you’re experiencing or worried about liens, garnishments, penalties, or more, now is the time to learn about your options to take care of your tax debt. Tax debt relief programs under federal guidelines could help you settle with the IRS and may save you tens of thousands of dollars. You can always get Get help from the most experienced Licensed Enrolled Agents, Certified Public Accountants (CPAs) and Tax Attorneys at Help from Fresh Start Initiative – IRS tax relief.
You can get help swiftly with the following:
► IRS Audit
► IRS Levy
► IRS Payment Plan
► IRS Penalty Abatement
► IRS Wage Garnishment
► Offer in Compromise
► Tax Lien
► Unfiled Tax Returns
*** Fresh Start Initiative is not the IRS, they are a private business here to help you if you have $10,000 or more in unpaid tax debt.
Learn about the different programs you qualify for and lower your debt obligation with the IRS – 100% free consultation.
With Fresh Start Initiative, you will be able to solve your IRS tax problems and start fresh as tax payers! Resolving anything from back taxes, liens and penalties to saving on what they owe the IRS.
Most of us could probably live very happy and fulfilled lives without ever having direct interaction with the IRS. However, if you do have an unresolved tax problem there’s no need to panic or avoid it unnecessarily. You can get courteous, speedy, and professional service with Fresh Start Initiative – IRS tax relief.