We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

Without sufficient evidence, the IRS will not accept any request for tax relief under the Fresh Start Initiative. Send as many supporting documents as possible when submitting a request. The best evidence to support the strict IRS Fresh Start Program requirements is documentation. Documentation you will need to include, but is not limited, doctor/medical reports, fire department reports and insurance claims. You also need student loan statements, student loan statements and death certificates from family members. A letter explaining your personal circumstances and the reasons you cannot pay your tax debt should be included with your Form 843. To be eligible for tax relief under the Fresh Start Program, all missing or unfiled tax returns must be filed. Your estimated tax payments must also be current and your withholdings must be accurate. All filings from the past six months must also be correct or current. Contacting a professional tax relief firm is the best way to avoid your request being denied. A tax relief company can assist you in filing a letter of appeal even if your request is denied by the IRS.

Contact us to receive a complimentary tax case review and more information about how you can apply for the IRS Fresh Start Program.

OIC is becoming more popular among people of all income levels and ages. The IRS accepted 25,000 out of 62,000 offered Offers in Compromise in 2017. This is a 40% approval rate and amounts to nearly $256 million. The average dollar amount accepted was $10,234.

Tax benefits can help with a variety of education-related expenses. These expenses include tuition for college, elementary, and secondary school.

Although not all people will be eligible for these options, the IRS will work with each individual to determine which relief option is best for you. The Fresh Start program benefits both taxpayers and the IRS.

If your business owes taxes, you could also be eligible for the Fresh Start Program. In this scenario, you will need to meet the following requirements:

These two options may be more advantageous than an OIC because they don't necessarily require you to sell your assets or borrow against them to pay. If you are in financial distress, you don't have the obligation to sell or borrow against your assets. For taxpayers, the CNC status and partial-pay installment agreements are more realistic.

First, we will identify any interest and penalties that could be imposed on you between now and when relief is granted. Next, we'll discuss your specific situation with you to determine which Fresh Start Tax program option is best suited for you. We will then guide you through the entire application process in order to increase your chances to be accepted quickly. Because we understand the language used by the IRS, our team can assist clients in covering all details of the application process. Once you have been accepted into Fresh Start, our team will be there to support you in all aspects of your tax journey. This includes helping you file your taxes on time to avoid breaking your agreement. We can help you get substantial tax relief through the IRS Fresh Start program. Give us a call today.

Because it is flexible, the IRS Fresh Start Program makes a great choice for unintentional tax offenders. There are many myths surrounding the program's capabilities, despite its many benefits.

According to the IRS there are over 10,000,000 accounts flagged each year. Although thousands are made aware of the IRS Fresh Start Program every single year, many don't even know about it or simply dismiss it as an option. Once you have calmed down following a summons from the IRS, contact a tax professional. They will evaluate your case and understand all the details. Then, they will sit down with you to discuss your options, including the IRS Fresh Start Program. An expert in tax relief ensures that your application gets submitted correctly, accurately, and quickly. The IRS can be tricky to work with, so be cautious.

Many businesses that have been severely impacted by coronavirus (COVID-19) qualify for employer tax credits – the Credit for Sick and Family Leave, the Employee Retention Credit, and Paid Leave Credit for Vaccines.