Question 1

How do I know if I qualify for the IRS Fresh Start Program in Pennsylvania?

Accepted Answer

You likely qualify if you owe $50,000 or less in combined taxes, penalties, and interest, have filed all required tax returns, and can demonstrate financial hardship. The IRS looks at your current income and expenses, not your future earning potential, which makes qualification easier than it used to be.Self-employed taxpayers in Dingmans Ferry often qualify if they've experienced a significant drop in income - at least 25% compared to previous years. The program is specifically designed for people who genuinely cannot pay their full tax debt without creating serious financial strain.We'll review your specific situation during your free consultation and tell you exactly which options you qualify for. Don't assume you won't qualify - the requirements are more flexible than most people realize.

Question 2

Can the IRS really reduce my tax debt by 90% or more?

Accepted Answer

Yes, through the Offer in Compromise program, some taxpayers can settle their debt for as little as 10 cents on the dollar. However, the IRS doesn't just hand out these settlements - you must prove you cannot pay the full amount without severe financial hardship.The IRS calculates what they call your "reasonable collection potential" based on your assets and future income. If you can demonstrate that collecting the full amount would leave you unable to meet basic living expenses, they'll often accept a significantly lower settlement.We've helped Pennsylvania taxpayers settle six-figure tax debts for just a few thousand dollars when the circumstances warranted it. The key is presenting your case properly with complete financial documentation and understanding exactly what the IRS considers acceptable.

Question 3

What happens if I ignore my IRS notices and don't take action?

Accepted Answer

Ignoring IRS notices is the worst thing you can do. The penalties and interest keep accumulating, often doubling or tripling your original debt. The IRS will eventually move to enforced collection - wage garnishment, bank levies, and property seizures.Once the IRS files a tax lien, it becomes public record and destroys your credit score. They can garnish up to 75% of your wages and freeze your bank accounts without warning. We've seen taxpayers lose their homes and businesses because they waited too long to address their tax debt.The Fresh Start Program has time limits and eligibility requirements. Waiting makes your situation worse and can eliminate options that are available to you right now. The sooner you take action, the more options you'll have and the less you'll ultimately pay.

Question 4

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

Accepted Answer

The timeline varies depending on which option you're pursuing. Streamlined installment agreements can be approved in as little as 30 days if all paperwork is complete and accurate. Offer in Compromise applications typically take 6-12 months for the IRS to review and make a decision.Currently Not Collectible status can provide immediate relief within 60 days, stopping collection actions while your case is being processed. Penalty abatement requests are usually resolved within 90 days if you have proper documentation of reasonable cause.The key is submitting complete, accurate applications the first time. One missing form or calculation error can add months to the process. That's why professional representation is so important - we know exactly what the IRS requires and how to present your case for the fastest approval.

Question 5

Should I try to handle my IRS problem myself or hire a professional?

Accepted Answer

Would you go to court without a lawyer? Of course not. Then why would you go before the IRS without a trusted tax professional? The IRS has teams of attorneys and agents whose job is to collect the maximum amount possible. You need someone on your side who knows their tactics and procedures.The Fresh Start Program has strict eligibility requirements and complex application procedures. One mistake can result in rejection and elimination of options that could have saved you thousands of dollars. The IRS doesn't give second chances or explain why your application was denied.Professional representation pays for itself. We often save clients far more than our fees through proper negotiation and application of all available relief options. Plus, you'll have peace of mind knowing everything is being handled correctly while you focus on your family and work.

Question 6

What payment options do you offer for your tax resolution services?

Accepted Answer

We understand that if you're struggling with tax debt, you're probably dealing with tight finances. That's why we offer flexible payment arrangements and accept major credit cards including Mastercard and Visa (with a 4% convenience fee).We provide free initial consultations so you can understand your options without any upfront cost or commitment. During that consultation, we'll explain our fee structure and work out a payment plan that fits your budget. We believe everyone deserves professional representation regardless of their current financial situation.Many clients find that the money they save through proper tax resolution far exceeds our fees. When you consider the penalties, interest, and collection costs you'll avoid, professional representation is often the most cost-effective decision you can make. Call 570-630-0201 or text 570-470-5228 to discuss your payment options today.

IRS Fresh Start Program Dingmans Ferry, PA