Who Can Benefit from the IRS Fresh Start Program? The IRS Fresh Start is a tax relief program designed to help struggling taxpayers regain financial footing. A struggling taxpayer is someone experiencing financial difficulty while paying their IRS tax liabilities and basic living expenses. TheFresh State Program provides several tax relief options to taxpayers who…
Continue reading ›Articles Posted in Past Balance Due
Of the various options for taxpayers dealing with IRS tax liability issues, the IRS Regular Installment Agreement (IA) and the IRS Partial Pay Installment Agreement (PPIA) are the most used. To get a better understanding, let’s go over each plan type and its respective benefits and qualifications. What is an IRS Installment Agreement? An IRS…
Continue reading ›A vital piece in how Harmon Tax Resolution provides clients with ideal solutions starts with a complete research of existing IRS account records and getting a good handle on your financial picture. This is done at the beginning of the engagement, usually within 7-10 days of the IRS granting access. All clients receive an initial…
Continue reading ›Certain taxpayers are surprised that they owe additional income taxes yearly even though their employer withholds taxes from their weekly paycheck. Having an outstanding tax debt is not as uncommon as you think, and there are many reasons it could happen. About 24% of all Americans owe back taxes. If you’re among them, you know…
Continue reading ›When it comes to Tax Liens, it is better to employ preventative measures than to deal with curing them. Take our word on this. When the Internal Revenue Service (“IRS”) issued a tax lien, they made a public declaration that you are delinquent on your taxes. Tax Liens are filed with the applicable county, typically…
Continue reading ›The answer to this question is a resounding NO! Even if you owe back taxes when tax return filing is due, it is imperative to file the tax return anyway. Not filing a tax return will evoke far higher consequences than what occurs from being unable to pay the taxes current taxes owed because one…
Continue reading ›If you don’t have money to pay what you owe the IRS, you have a few options to work with. Whatever you do, don’t ignore the letters from the IRS, and don’t let your back tax problem go unattended. The IRS has excellent power to recover the money they think is theirs. When you owe…
Continue reading ›You may have heard on the radio, TV, and online that you can settle your tax bill for less than what you owe. But are these claims valid? And can you pay your tax debt without hurting yourself in the long run? Some of these national tax resolution firms you hear advertising offer minimal service;…
Continue reading ›If you owe back taxes to the IRS, some panic is understandable. After all, the Internal Revenue Service has the power of the federal government in its corner, something no other debt collector can claim. They are considered the most brutal collection agency on the planet. It is easy to freeze up and just do…
Continue reading ›