tax debt

Over 14 million Americans are suffering under tax debt they cannot afford to pay, yet only a fraction of them utilize the program designed to wipe out their tax debt and give them a Fresh Start.

In prior years, it was incredibly difficult to qualify for tax relief through the IRS’s complicated processes, but the IRS Fresh Start Program has recently gone through incredible reforms, making it easier than ever to qualify yet millions of Americans just like you don’t realize it.

The IRS claims that 15% of Americans owe back taxes. We’d venture to say that 99% of them don’t realize that there’s help available.

You Can’t Afford To Wait To Get Relief

Even if you’ve dealt with debt collectors before, you haven’t met your match until you’ve dealt with the IRS. They want their money and they’ll do whatever it takes to get it.

They are ruthless in their tactics and it’s nothing you want to mess with, no matter how tough you think you may be. What you need is representation from tax experts that know their way around the programs and can fight for your rights.

Believe it or not, the IRS wants you to get representation. Why? Because it resolves the issue much faster, using fewer of the IRS’s own resources. This actually benefits you since you’ll get someone to represent you – not the IRS. You’ll walk away with an affordable payment plan that settles your debt but doesn’t put you in over your head.

Want to see if your tax liability qualifies you for the Fresh Start Program? Click here to take our survey and request a FREE consultation with a tax relief professional!

What is the Fresh Start Program?

Are you even aware of the Fresh Start Program? Don’t feel bad if you aren’t, it’s not like the IRS makes it very well-known.

Here’s a quick rundown:

You get two ways to pay off your debt. Which one you get depends on what you qualify for:

  • Installment agreement – You get a payment arrangement that allows you to pay off your tax debt in monthly installments. Your balance will accrue interest until you pay the debt in full.
  • Offer in Compromise – This is a true negotiation. You and the IRS agree on an amount that settles your debt in full. You get five months to pay the agreed-upon amount and the debt is then considered satisfied.

Want to know more about the Fresh Start Program? Get started here.

Who Qualifies?

Everyone wants to qualify for the Offer in Compromise. Who wouldn’t want to pay pennies on the dollar? It’s a bit more complicated to qualify for, but if you can prove enough of financial hardship, you may qualify.

The decisions are made on a case-by-case basis, which is why having a knowledgeable tax expert on your side is crucial.

These tax collectors are no amateurs; you’ll be dealing with seasoned professionals that get what they want and don’t stop until they do.

Whether you apply for the Installment Agreement or an Offer in Compromise, the IRS looks at your financial and tax profile – they leave no stone unturned.

You need a professional to look at your documents before the IRS does so that you have clear advice on what to expect and how to proceed.

Don’t Just Forget About It

Many people think there’s a statute of limitations that will allow them to just ignore their debt and it will go away. While it’s true that there is a statute of limitations – it’s 10 years! To make matters worse, there are many ways the IRS can extend that 10-year statute:

  • The IRS filing a federal lawsuit against you
  • Applying for an Offer in Compromise
  • Filing for bankruptcy
  • Requesting Taxpayer Assistance

Basically, anything that ‘wakes the debt up again’ extends the statute of limitations and you can bet that the IRS won’t just let the time expire until they’ve exhausted all options.

The IRS Fresh Start Program is available and millions of eligible Americans aren’t taking advantage. Don’t let yourself be one of them.

Take our brief tax relief survey to see how we can help you get out of your tax debt once and for all.