Opening a letter from the IRS that says you owe thousands, maybe even tens of thousands of dollars in back taxes is a horrible feeling of fear and anxiety.
By the end of this article, you'll know what the IRS Fresh Start Program is, and more importantly, you'll know what you can do next to find relief from tax debt.
Questions start flooding your mind:
If you've wondered any of these questions... the following may come as welcome news!
Though it's not commonly known, individuals and families that owe back taxes have unique legal rights and options!
This means that even if you're receiving threatening letters from the IRS, you STILL have rights that protect you and could potentially save you money on the back taxes you owe.
Here are 3 taxpayer rights you should know about!
According to the IRS website, if you believe you've overpaid on your taxes, you can file for a refund. It's not unheard of for the IRS to make mistakes. Even they acknowledge this, which is why it's important you understand your right to correct any errors that are made.
That said, in order to correct an error, you have to be able to prove that an error was made. This is easier said than done.
One way to learn if an error took place is to receive a free tax debt evaluation from a specialist who understands tax law. Call (855) 638-8654 today and ask the specialist if there's a chance a mistake was made.
Make sure you're not paying more than the correct amount.
If you do believe an error was made or you have reason to believe you don't owe the taxes the IRS claims you do, you have the right to challenge the IRS's position.
While it's important you don't ignore notices from the IRS, it's not necessarily a final verdict. You can appeal decisions and present arguments in favor of your position. For 7 tips on how to speak and negotiate with the IRS on your own, click here.
The saving grace for many individuals and families overwhelmed by tax debt is the right to retain representation.
The U.S. Tax Code is a complex document that's continually changing. If for any reason, you are experiencing a hardship making it difficult or even impossible to pay the back taxes you owe, then call (855) 638-8654 today for a free consultation from a specialist.
Lastly, did you know there's a tax relief status called “Currently Not Collectible?” That means, even if the IRS rules you DO owe back taxes, if it can be determined that you do not have reasonable means to pay the back taxes owed — the IRS may very well place you in a CNC status and cease collection action!
Regardless of your situation, if you owe back taxes to the IRS — it's important to have someone “on your side” who understands how best to apply tax relief code to protect your right to a fair and equitable resolution.
You don't have to do it alone.
Qualified specialists deal with the IRS every day on behalf of taxpayers — they may be able to help you as well and could potentially save you a substantial amount of money.