Taxpayers had a rough year in 2020. The economy fell apart and left millions jobless. It’s no wonder at the start of tax season the average American couldn’t afford to pay what they normally would. So why didn’t more people apply for a relief program? It seems that most taxpayers aren’t aware that relief is available, or don’t believe they’re eligible.
A common misconception is that having a payment plan with the IRS makes you ineligible for relief. However, there are actual relief programs available that can halt those payments and wipe out tax debt; such as Fresh Start.
Don’t miss your opportunity to apply for tax relief –click here to check eligibility and to see what options are available to you.
What is the Fresh Start Program?
“The IRS recognizes that many taxpayers are still struggling to pay their bills, so they have put in place common-sense changes to the OIC [offer in compromise] program that more closely reflect real-world situations.” This quote is taken directly from the IRS publication regarding the Fresh Start Program.
Considering that most Americans cannot afford another bill at this time, the IRS must act accordingly and be open to negotiation. The issue, however, is that taxpayers are not aware of the Fresh Start Program’s existence, or they are skeptical of using it in 2021.
The program has been around for a decade, but it’s not surprising that most people are wary of using it due to the notion that it’s new and exclusive.
Why is The Fresh Start Program not promoted?
The IRS has a page on their website about the Fresh Start Program, but they certainly do not recommend it over the phone or in the office. Why is that?
The IRS has one goal in mind, collecting as much of the money you owe as possible, whether it be through garnishment, levy, or seizing your assets. You must pay your taxes in the eyes of the IRS.
Collectors do not present the Fresh Start Program to taxpayers because they will not receive as much money, or any money, from you if they do.
When people think of relief programs, they typically don’t consider that something like this exists for back taxes. A simple search will provide a variety of results about Fresh Start, but the average debtor doesn’t think to look until their case is severe.
Questions about how COVID-19 will affect your tax debt balance? Click here to request to speak with a FreshStartInfo Representative.
How to know if you qualify for Fresh Start
Owing more than what you could realistically pay in back taxes, particularly due to financial hardship, is a trait that makes you a great candidate for the Fresh Start Program. If a garnishment could put your livelihood in an unsustainable position, then you have a right to alternative solutions.
Having a payment plan currently does not disqualify you. Although, it may be much easier to resolve your tax debt with the help of a professional if you are already on a plan.
Learn if you qualify today
There are available resources and people that can help you enroll in Fresh Start.
- Take our pre-qualifying survey here.
- Match with one of our verified partners.
- Enroll in Fresh Start!