Question 1

How much can the IRS Fresh Start Program actually reduce my tax debt?

Accepted Answer

Eligible taxpayers may be able to reduce 90% or more of what they owe through the program, but the exact amount depends on your financial situation and which relief option you qualify for. An Offer in Compromise can provide the most dramatic reduction, allowing you to settle for pennies on the dollar if you meet strict financial hardship requirements.

Accurately completing the offer paperwork and correctly reporting your assets and income can have a dramatic effect on the likelihood that your offer will be accepted. Many taxpayers who try to handle this alone get rejected because they don't understand the complex requirements. Professional representation significantly improves your chances of approval and maximum debt reduction.

Question 2

Do I qualify for the Fresh Start Program if I owe more than $50,000?

Accepted Answer

If your tax debt exceeds $50,000, you may still qualify by making a partial payment to reduce the balance to meet the threshold. We often help clients strategically pay down their debt to the qualifying level, then apply for streamlined relief on the remaining balance.

The basic requirements include owing $50,000 or less, being current on all required tax filings, and demonstrating financial hardship or inability to pay the debt in full. Even if you're over the limit now, we can create a plan to get you qualified while protecting you from collection actions during the process.

Question 3

How long does the IRS Fresh Start Program application process take?

Accepted Answer

The duration depends on the relief option you choose. Installment agreements can extend over several years, while an Offer in Compromise might settle your debt more quickly. Most installment agreements get approved within 30-60 days once properly submitted.

Your offer is automatically accepted if the IRS doesn't make a determination within two years of receipt, though most cases resolve much faster. During the review process, the IRS suspends other collection activities, giving you breathing room while we work on your case. The key is submitting complete, accurate paperwork the first time.

Question 4

What happens if the IRS rejects my Fresh Start Program application?

Accepted Answer

If you don't meet the requirements, your offer will be summarily rejected, but rejection doesn't mean you're out of options. We can often address the rejection reasons and resubmit with corrections, or pivot to a different relief option that better fits your situation.

Not all taxpayers will qualify for an Offer in Compromise, and the difference between those that qualify and those that don't is often the quality of the offer they submit. The IRS has voluminous rules regarding acceptable offers. Professional representation helps ensure your application meets all requirements and maximizes your chances of approval from the start.

Question 5

Can I apply for the Fresh Start Program if I haven't filed recent tax returns?

Accepted Answer

To be eligible for Fresh Start relief, you must be current on all tax filings. If you have any unfiled tax returns, they must be submitted before you can apply. This is actually good news because filing those returns often reveals you owe less than you think.

The IRS prioritizes taxpayers who are willing to comply with their tax obligations moving forward. Ensuring all filings are up to date not only makes you eligible but also prevents further penalties and enforcement actions. We can prepare and file multiple years of returns quickly, then immediately move into the relief application process.

Question 6

How much does professional help with the Fresh Start Program cost?

Accepted Answer

Should you engage our services, we will credit you 100% of your consultation fee to the resolution work provided. Our fees are structured to be affordable for people already struggling with tax debt, and we accept payment plans including Mastercard and Visa with a 4% convenience fee.

You wouldn't go before the IRS without representation. You are entitled to, and deserve, an advocate in your corner fighting for the best possible solution to your problem. The cost of professional help is typically a fraction of what you'll save through proper program application and negotiation. Most clients save far more than they invest in professional representation.

IRS Fresh Start Program Bethany, PA