If you’re one of the millions of Americans who owe back taxes to the IRS, you might be feeling overwhelmed or unsure where to turn. When the balance crosses $10,000, the consequences can feel even more serious - and they are.
When you owe the IRS more than $10,000, you’re at risk for aggressive collection actions. That can include wage garnishment, frozen bank accounts, liens on your property, and mounting penalties and interest that increase your balance over time. Ignoring the issue won’t make it go away - in fact, it’ll make it worse.
But here’s what most taxpayers don’t know: the IRS is often willing to work with you.
The IRS Fresh Start initiative was created to help taxpayers get back on track. Depending on your financial situation, these programs may allow you to:
IRS relief programs are complex. The paperwork is detailed, the process can be slow, and mistakes often lead to delays or denial. That’s why many taxpayers turn to experienced tax professionals who understand the system and can negotiate directly with the IRS on their behalf.
By working with someone who knows how these programs work, taxpayers can improve their chances of qualifying and reduce the amount they end up paying.
While each case is unique, taxpayers may qualify if they:
It only takes a couple of seconds to see if you qualify:
It only takes a couple of seconds to see if you qualify
If you’re carrying a heavy IRS debt, there is help available. With the right guidance, you can reduce your debt, stop collections, and finally find some peace of mind.
Checking to see if you qualify doesn’t cost anything -
but waiting could cost you more in penalties and interest.
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