The CuraDebt's IRS Fresh Start Program assists those who owe the IRS in paying back taxes and avoiding tax liens through a variety of payment plans. The IRS's various options for reducing the tax debt are collectively known as the "Fresh Start Program." Tax liens, installment contracts, offers in compromise, and currently uncollectible debts were the main program modifications that were made. Follow us for more at https://www.curadebt.com/tax-debt-relief/fresh-start-program-taking-advantage-of-irs-tax-debt-relief-initiatives/
We all know that we have an obligation with the Internal Revenue Service or IRS, and that is to pay our Taxes. Although we are aware that it is an obligation, yet there are times that we cannot pay the entire amount because of some valid reasons, such as unemployment, and we end up having a tax debt to the IRS. That’s why the Internal Revenue Service rolled out its Fresh Start Initiative in February 2011. Their aim is to provide IRS tax relief to struggling taxpayers and unemployed. The Fresh Start Initiative also offers a different installment structure that allows taxpayers to avoid financial reviews and Federal Liens.
What are the benefits of the tax relief program? The benefits are massive. You'll pay no interest or tax penalties. And you will not be audited on payroll taxes related to these workers for prior years. Payroll tax penalties are huge and can save you thousands.
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Forgetting to pay or file your taxes can drag you into an awful tax debt trap. Worse befalls the moment you realize that you owe a huge sum to IRS. So, if you are wondering what can actually rid you of the IRS debt, then applying for a fresh start tax program is a sure-shot solution to the above question.
As you can see, there are several ways in dealing with your issues concerning the IRS. In order to make things more convenient and easier for you, you can even use a self-help software application that can guide you step-by-step through the entire Fresh Start Initiative process. - http://fsi-diy.com/
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If you are used to procrastinating with most things, you better not do it when it comes to filing your taxes. This is because the Internal Revenue Service (IRS) has strict policies, such that if you file your taxes late, you'll be given a 5% penalty on the amount you owe for every month you delay. If you fail to file completely, expect worse penalties. Just bear in mind that when you avoid your annual tax return obligations, the consequences would be too costly that they can even extend beyond your bank account. - http://fsi-diy.com/
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