Have the ghosts of federal taxes been haunting you lately? If yes, then you will be happy to know that the Internal Revenue Service (IRS) has initiated a fresh start program for the greater good of small businesses and individual taxpayers. The fresh start program was born out of the goodwill of the IRS in [...]

 How do I Apply For the IRS Fresh Start ProgramAvoiding your taxes for long periods is a prosecutor offense. It adds you to the defaulter list of the Internal Revenue Service that goes after such defaulters to collect the accumulated amount. The IRS has access to all your financial information. It assesses all your professional [...]

IRS Fresh Start Program Valencia For all the taxpayers in Valencia, the IRS Fresh Start Program has brought an opportunity to pay off their debts without holding account of heavy interests and penalties. The IRS first introduced the Fresh Start Program in the year 2008 and later expanded it in 2012. This program allows you [...]

Things To Avoid If You Owe The IRS Let's just put it this way - if you have a lot of people you owe money to and there is the Internal Revenue Service waiting for a payment from your end too, you should care about the IRS first. While you might know of a few [...]

Some people have to pay federal contributions on their social security benefits. This generally happens when you have any other significant income, such as wages, self-employment interest, dividends, or other taxable income, that must be reported on the tax return, in addition to benefits. No one pays federal income tax on more than 85% of [...]

Millions of Americans struggle to pay their taxes every year. Reports suggest that the number is on the rise since 2010, and there are plenty of open tax-debt cases against businesses and individuals being carried forward every year. If you find yourself falling in the same category, do not panic. You simply have to take [...]

At times, you may wonder if it is vital to file your return if you cannot pay the tax bill. This is extremely important because you will certainly be levied with IRS penalties and interest, as a defaulter. The failure to pay the penalty and interest rate for underpayment of taxes differ from country to [...]

Qualifications for Fresh Start Initiative For someone who has a lot of taxes piling up, the IRS has a solution for them — the IRS Fresh Start Program. It is made to let taxpayers pay off their tax debts over the time of six years. This is an excellent way to relieve oneself of their [...]

IRS Debt Forgiveness Programs In certain conditions, when you are not able to pay your tax debt, the Internal Revenue Service allows debt forgiveness. This program is called IRS Debt Forgiveness Program, and mainly, the tax exemption is on the basis of how much you owe and how much you are capable of paying back [...]