IRS  FRESH START PROGRAM

Fresh Start Program is also known as Fresh Start Initiative.

FRESH START INITIATIVE

This Program provides Tax Relief to selected taxpayers who owe money to IRS.

TAX RELIEF

The real financial condition is the foremost criteria for evaluation of a taxpayer

EVALUATION

According to this program norms, IRS can collect only what taxpayers can afford to pay.

MANDATE

Taxpayers can visit or call IRS to determine their eligibility for this program.

ELIGIBILITY

Provide as many supporting documents as possible to qualify for this program

DOCUMENTS

Documents can be doctor medical certificates, fire reports, student loan statements, insurance claims etc.

DOCUMENTS

It is better to include a letter along with Form 843, explaining the reason you are unable to pay tax debts.

LETTER

You must file all your pending tax returns before applying for this IRS Fresh Start Program

ADDITIONAL REQUIREMENT

After approval taxpayers will get an update about the new outstanding amount they need to pay to IRS.

APPROVAL

There are four programs available for taxpayers to pay outstanding amount to IRS

4 PROGRAMS

This program lets taxpayers pay the outstanding amounts to IRS through monthly instalments.

Installment Agreement

OIC let taxpayers negotiate their tax debt to a lesser amount than they owe to IRS.

Offer in Compromise

If the taxpayer cannot pay their tax by any means, then IRS can place them in this status.

Currently Non-Collectible Status

The IRS remove or reduce penalty of a taxpayer on request basis

Penalty Abatement