IRS Fresh Start Program

Take full advantage of the Fresh Start IRS Program today!

The Fresh Start Program, or the Fresh Start Initiative, was made by the United States Federal Government in 2011. It is a program that was created to offer tax relief to select taxpayers who owe money to the IRS. In simple terms, fresh start tax relief can help taxpayers who owe a lot of money than they can afford to pay to the IRS. Under this program, the taxpayers who qualify can significantly get their taxes reduced, so they can quickly get back on track with their tax payments and begin to plan their financial future accordingly.

What is the IRS Fresh Start Program?

The different names of these initiatives can cause a bit of confusion, but IRS Fresh Start Programs and IRS Fresh Start Initiative are the same. It is a program created by the Federal Government, and the IRS is obligated to offer tax relief to those eligible American taxpayers who have current tax debt. And that’s the reason why this program is often referred to as a tax fresh start program.

Here one needs to remember that a tax relief fresh start is not a single solution. There are several programs offered to the taxpayers. Some of the most common fresh tax solutions offered under this program include, Currently Non-Collectible (CNC), Offer In Compromise (OIC), Penalty Abatement, and Innocent Spouse Relief. Though not everyone will qualify for these options, this is where our specialists step in. They study yourcasein acomprehensive manner and help you find the relief option that best fits your financial situation.

FAQ

Who can qualify for the Fresh Start Program?

To qualify for the tax forgiveness fresh start program, it is important that you meet certain qualifications. You should be able to prove that paying your tax balance can lead to financial hardship. The severity of your financial hardship will help determine which option will work best for your case. The IRS has issued guidelines explaining what constitutes a financial hardship which you can easily understand by contacting the tax specialists at Capital Tax Relief. Not only will they explain the guidelines, but they will even offer you details about the documentation required.

How does the Fresh Start Tax Program work?

The IRS fresh start initiative mandates that the IRS cannot collect taxes more than what the taxpayer can pay. This way, the taxpayer can reach a mutual agreement with the IRS and pay the amount of tax that they can afford. The primary criterion for evaluation under this initiative is the taxpayer’s financial situation. For a taxpayer to become eligible for this program, they need to fill out an IRS fresh start program application and visit the local IRS office to determine their eligibility. And once the taxpayer gets approval, they will find out the new amount they need to pay.

Is there any penalty for using the IRS Fresh Start Program?

No, the IRS doesn't penalize the taxpayer. However, if the taxpayer has any doubts about getting penalized, they can consider contacting the tax specialists at Capital Tax Relief. The specialists can help taxpayers to understand their rights, relief options, and the best course of action to move forward.

When to consider the Fresh Start Program?

If you are a taxpayer with a massive tax burden, the IRS tax fresh start program canbe your best bet. This tax relief program is also beneficial if paying off taxes will causeyou financial hardship. If you need assistance finding the best option as per yourfinancial situation, consider taking a free consultation session with Capital Tax Relief tofind the best relief solution.