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The New IRS Fresh Start program makes it easier for taxpayers to pay back taxes and avoid tax liens.

Even small business taxpayers may benefit from Fresh Start.

• Federal Tax Liens.

The Fresh Start program increased the amount that taxpayers can owe before the IRS generally will file a Notice of Federal Tax Lien. That amount is now $10,000. However, in some cases, the IRS may still file a lien notice on amounts less that $10,000.

When a taxpayer meets certain requirements and pays off their tax debt, the IRS may now withdraw a filed Notice of Federal Tax Lien. Taxpayers must request this in writing using Form 12277, Application for Withdrawal.

Some taxpayers may qualify to have their lien notice withdrawn if they are paying their tax debt through a Direct Debit installment agreement.

Taxpayers also need to request this in writing by using Form 12277.

If a taxpayer defaults on the Direct Debit installment Agreement, the IRS may file a new Notice of Federal Tax Lien and resume collection activities .

• installment Agreements/Payment plans

The Fresh Start program expanded access to streamlined installment agreements. Now, individual taxpayers who owe up to $50,000 can pay through monthly direct debit payments for up to 72 months (six years).

While the IRS generally will not need a financial statement, they may need some financial information from the taxpayer.

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Taxpayers in need of installment agreements for tax debts more that $50,000 or longer that six years still need to provide the IRS with a financial statement.

In e cases, the IRS may ask for one of two forms: either Collection Information Statement, Form 433-A or Form 433-F.

• IRS OFfers in Compromise.

An Offer in Compromise is an agreement that allows taxpayers to settle their tax debt for less that the full amount. Fresh Start expanded and streamlined the OIC program. The IRS now has more flexibility when analyzing a taxpayer’s ability to pay.

This makes the offer program available to a larger group of taxpayers.



Generally, the IRS will accept an offer if it represents the most the agency can expect to collect within a reasonable period of time.Call us for more details for the OIC program.

The IRS will not accept an offer if it believes that the taxpayer can pay the amount owed in full as a lump sum or through a payment agreement.

The IRS looks at several instructors, including the taxpayer’s income and assets, to make a decision regarding the taxpayer’s ability to pay. Use the Offer in Compromise Pre-Qualifier tool on IRS.gov to see if you may be eligible for an OIC.

Call us today and speak to a true tax professional.