-

What Are The Top 4 IRS Tax Forgiveness Programs in 2020?


by Anna Kuehl on January 07, 2020  0 Comment

What Are The Top 4 IRS Tax Forgiveness Programs in 2020?
It can happen to anyone. You do your best to file your tax returns on time and pay what you owe, but you just can't keep up with your tax bills. Whether your tax debt has grown over time or a major life event has impacted your finances, it might seem like you'll never be able to pay your IRS tax debt. No matter what kind of tax issues you're dealing with, you could be eligible for tax forgiveness. If you're wondering what the IRS tax forgiveness program is, we've got you covered. We'll walk you through your options and help you understand the steps to take to tackle your tax debt. Find out how IRS tax forgiveness works and ...

What Is IRS Tax Debt Resolution & 5 Best Methods to Defeat the IRS


by John Paul Schmidt on January 07, 2020  0 Comment

What Is IRS Tax Debt Resolution & 5 Best Methods to Defeat the IRS
The first question people who find themselves in IRS tax debt should ask is "Can I get IRS tax resolution?" The short answer is this: there are IRS tax resolution programs to help people in tax debt reduce their amount owed or make their tax debt more manageable. There are many companies that offer services that claim to do this for you — some of them reputable and some of them less so. Our team at Solvable aims to give you the tools you need to figure out which of these companies you can trust. If you're looking for ways to reduce the burden of your IRS tax debt, there are tax resolution companies that can help you. If you ...

How to Urgently Solve an IRS Tax Levy or State Tax Levy – 10 Best Methods!


by Anna Kuehl on December 23, 2019  0 Comment

How to Urgently Solve an IRS Tax Levy or State Tax Levy – 10 Best Methods!
Even if you've tried your hardest to pay your back taxes, it isn't always easy to handle past-due taxes. Unfortunately, the more behind you get on your taxes, the more options the Internal Revenue Service (IRS) has to collect what you owe. Finding out that the IRS has placed a tax levy on your property is never the kind of news you want to receive, but it doesn't have to be as final as you might think. If you've received a tax levy notice from the IRS or if you're wondering how to stop a state tax levy, you have several helpful options to consider. Find out how an IRS tax levy affects your finances and learn how you can stop a ...

IRS Bank Levy Concerns? 11 Ways to Stop an IRS Tax Levy


by Jill Bridges on December 10, 2019  0 Comment

IRS Bank Levy Concerns? 11 Ways to Stop an IRS Tax Levy
When you owe a large amount of money to either a private debtor or the Internal Revenue Service (IRS), this debt can interfere with your financial stability. If you stop making payments to your debtors, they have the ability to pursue what they are owed by requesting a bank levy. This guide will walk you through the steps of the bank levy process. Bank levies are extremely common, and issuing one is a method for the IRS and private creditors to recoup money that they have not been paid. If you're in debt and cannot make timely payments on that debt, then a bank levy is a possible outcome. Here are a the steps of the bank levy process: Your ...

What is the IRS Fresh Start Program and How Does it Work?


by Gouri Gupta on May 12, 2018  0 Comment

What is the IRS Fresh Start Program and How Does it Work?
If you are a struggling taxpayer and have been finding it hard to pay your tax debt, then the IRS Fresh Start Program can help you get back in good standing with the Internal Revenue Service (IRS). The program offers several tax relief alternatives to individuals and small businesses, making it easier to repay or reduce your backlog of taxes. What Is the IRS Fresh Start Tax Program? A large number of taxpayers fail to pay taxes to the IRS every year, making them susceptible to various penalties and liens. In 2008, the IRS came up with the Fresh Start Program to offer some concessions to taxpayers passing through a financial crisis. This is more of an initiative rather than ...