The IRS Fresh Start Program is another term for the agency's various debt forgiveness options. It's often called a “fresh start” because taxpayers are often exempt from burdensome penalties, interest payments, and more when seeking real relief from the IRS. The addition of these programs to the tax code indicated to many that the IRS sought to be a little more flexible in how to recover more money owed to the government. Only certain people are entitled to a cancellation of the tax debt and it is necessary to assess the financial situation of each person.
Publication 594, The IRS Collection Process, contains information on the options available to taxpayers, and the IRS YouTube channel also has a video with useful information. The IRS debt forgiveness program is an initiative created by Internal Revenue Services to facilitate payments and provide tools and assistance to taxpayers who owe money to the IRS. You can avoid IRS collection notifications and actions, such as a notice of a federal tax lien or an IRS tax, by establishing an installment agreement in advance and making your payments in installments. You can also apply for the IRS debt forgiveness program if you are self-employed and have suffered a loss of income of at least 25%.
There is no guarantee that the quality of the tax services to be provided will be higher than the quality of the tax services provided by other CPAs or attorneys. The government also has an IRS debt forgiveness program that offers several tax relief options. In very limited circumstances, the IRS may offer a reduction in penalties to people who haven't paid their taxes due to special difficulties. Since IRS debt forgiveness is an official way to establish a debt consolidation plan, this will be better on your permanent record.
You will be given an IRS debt forgiveness payment plan to pay the full or modified amount in a lump sum or in installments. The IRS is sympathetic to spouses or former spouses who, through no fault of their own, are forced to pay back taxes. The IRS will review your details, determine which help option is best for you, and then contact you with a potential plan. While tax debt relief is fairly rare, it's not impossible, and each individual case must be evaluated by a professional to determine if the person is eligible.
If the IRS considers taxes to be “currently not collectible,” the agency will cease its collection efforts, giving taxpayers a break and release the fear of the IRS breathing down their necks.