IRS Tax Relief Programs- Free Evaluations- Former IRS Agents- Highest BBB rated- Programs for IRS Relief

November 8, 2010
Written by: steve

Fresh Start Tax want to inform you about the Offer in Compromise Tax Relief Program that you here so much about. There is much fallacy and confusion about this Offer in compromise program and I want to clear the air about some of the facts and myths.
Only 25% of offers in compromise are accepted.
48,000 offers in compromise are received by IRS each year.
The average dollar rate is 12% on a dollar.

You should know I am a former IRS Agent Revenue Officer and Instructor with the IRS. I was an Offer Specialist with the IRS. I also taught the Offer Program to new Agents. What I tell you is Gospel. <><
The types of IRS Tax Relief Programs.
1. The traditional installment agreements. Simply by having all your tax returns filed and filing out a 433F, the IRS financial statement, Fresh Start Tax can get an installment agreement today.
2 The Streamline Agreementt. If you owe under $25,000 we can get you an installment agreement immediately
3. The Hardship. If you are under going a hardship at this current time in your life, we can get your case suspended for a couple of years, call us today about this program.
4. The Offer in Compromise program. The best of the IRS Tax Relief Programs.
(OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. If the liabilities can be fully paid through an installment agreement or other means, the taxpayer will in most cases not be eligible for an OIC.
To qualify, in most cases, the IRS will not accept an offer unless the amount offered by the taxpayer is equal to or greater than the reasonable collection potential (the RCP). The RCP is how the IRS measures the taxpayer’s ability to pay. The RCP includes the value that can be realized from the taxpayer’s assets, such as real property, automobiles, bank accounts and other property. In addition to property, the RCP also includes anticipated future income, less certain amounts allowed for basic living expenses. Call us if you need help through this, 1-866-700-1040
The IRS may accept an OIC based on three grounds.
First, acceptance is permitted if there is doubt as to liability. This ground is only met when genuine doubt exists that the IRS has correctly determined the amount owed.
Second, acceptance is permitted if there is doubt that the amount owed is collectible. This means that doubt exists in any case where the taxpayer’s assets and income are less than the full amount of the tax liability.
Third, acceptance is permitted based on effective tax administration. An offer may be accepted based on effective tax administration when there is no doubt that the full amount owed can be collected, but requiring payment in full would either create an economic hardship or would be unfair and inequitable because of exceptional circumstances.
You should call Fresh Start Tax Today to see which Offer or IRS Tax Relief Program you qualify for.

Filed Under: IRS Tax Advice
Tags:

FREE

Consultation

No Obligation
We are here to help!

  • Should be Empty:
“Thanks to Fresh Start, I am feeling more and more confident about finally getting caught up after all these years.”
M. Johnson

“I will certainly refer anyone I come across who needs your services for sure.”
Jody and Don

“I cannot thank you enough for handling my IRS issues. After dealing with another office who did nothing, you guys did everything that you promised. Thanks again, especially Steve Jacob for guiding me every step of the way.”
Jerry H.