Taxes

Fix your tax problems today!

Better Results. We will secure a settlement of your past due tax bills that allows you to keep more money in your pocket permanently, or for as long as possible.

Low prices. We enhance any fee quotes you get from any debt relief company on similar services provided.

No Garnishments. This means that we will take steps to prevent bank garnishments, wage garnishments or retirement benefits from being issued against you.

What is the IRS Debt Forgiveness Program?

If you owe the IRS and cannot pay, you may qualify for the IRS Debt Forgiveness Program. Under certain circumstances, taxpayers can have their tax debt partially forgiven. When the IRS considers discharge of tax debt, the current financial condition of the taxpayer is of primary importance. That means the IRS cannot collect more than what a taxpayer can pay. If any collection action by the IRS would force a tax debtor into a financial crisis, the IRS cannot collect back taxes.

Offer in Compromise

Taxpayers who have the resources to pay only a partial amount of their tax debt can request the IRS government payment plan called an Offer in Compromise (OIC) to resolve the remaining amount. Depending on the financial capacity of the taxpayer, the IRS significantly reduces the total debt to an amount that the taxpayer can pay. This reduced amount can be paid in a lump sum or in fixed monthly installments.

Fresh Start Initiative

To make it easier for taxpayers to qualify for an OIC, the IRS has expanded its Fresh Start initiative. Under these more flexible rules, taxpayers do not have to disclose extensive financial details to the IRS to judge their ability to pay. The Fresh Start for OIC initiative offers taxpayers the following benefits:

• The IRS now considers only one year of future income for offers if they are paid in five or fewer months when calculating a taxpayer’s reasonable collection potential. This is older than the previous four years. For 6-24 month agreements, the IRS now considers two years of future income instead of the previous five years.
• Taxpayers are now allowed to make the minimum payments on their student loans for federally guaranteed postsecondary education loans.
• Taxpayers can, under certain conditions, pay back federal and state or local taxes in monthly installments if they cannot pay them in full.
• The standard allowance for the Allowable Living Expenses amount has been expanded. This subsidy now includes credit card payments, bank fees and charges, and other miscellaneous subsidies.