Who Is Eligible for the Fresh Start Program? Taxpayers facing significant tax debt may qualify for the IRS Fresh Start Program, which offers various relief options including installment agreements, offers in compromise, and penalty relief. This federal initiative helps millions of Americans resolve their tax obligations through manageable payment plans and debt reduction opportunities. The […]

Immediate Consequences: What happens if you owe the IRS more than $25,000? What happens if you owe the IRS more than $25,000? When you owe this amount or more, the IRS classifies your debt as substantial and triggers enhanced collection procedures. The agency gains expanded enforcement powers and requires more complex resolution strategies than smaller […]