No one wants to owe money to the IRS and no one wants a tax debt hanging over their head. After all, the IRS is a relentless creditor and they legally stop at nothing to get the money you owe.
The IRS can seize your home and cars and your business assets to satisfy your debt. The IRS can take part of your paycheck and it can seize your Passport and even take some of your Social Security payments, and your bank accounts.
Knowing this, too many consumers jump at the chance to sign up for an IRS payment plan to get their debt paid.
But tax experts say you shouldn’t rush into an IRS plan without considering your other options.
First of all, when you call the IRS about a payment plan no one is going to suggest that you consider an Offer In Compromise or a Fresh Start Program. This is because those IRS representatives the public talks to on the phone only want to collect money — they don’t want to discuss discounts on your debt.
Your Better Options Than an IRS Payment Plan
Talk to a tax professional before you agree to any IRS plan. Your tax professional might get you a better deal.
Your better deal could be to repay less money, with fewer penalties and lower interest. These are discounts that those public IRS reps aren’t going to volunteer.
See if you qualify for the Fresh Start Program today!
Don’t let 2021 sneak up on you; resolve your tax debt before the IRS surprises you with late fees and penalties!
- Answer a few questions about your finances
- Qualify and be presented with a resolution
- Enroll in Fresh Start
You can click here to be connected with a verified partner of freshstartinfo.org.