Did you know there are 3 ways to settle your case? This is program number ONE.

YOU CAN MAKE PAYMENTS TO SETTLE YOUR CASE!!!!!!!!!!!!!!!!!!!!!!!!

Did you know that you can settle your case and make payment terms? The IRS offers three programs in which you can settle your case. Which is best for you?

The first program is a Lump Sum Settlement Program. This program allows the taxpayers to pay the offered amount in a short period of time in order to totally get this behind them .  This is called the “Lump Sum Cash Offer”. The payments are due in five or less installments and a 20% payment must be included with the offer.
Here are the pros and cons. The pros are that you get rid of your case as soon as you give them the money. The IRS is off your back, and your lien gets released as soon as the check is cleared. Make sure the lien gets removed from your credit report.
The con is huge! The IRS does not accept the Offer, they keep the money and the case is still open. Caution should be used before the filing of this offer. The IRS will work this case as though it is brand new and now they have all your financial data.  You can however,  refile another offer. You could change what the IRS did not like on your first offer, then resubmit. This usually works.

About Fresh Start Tax

Call, Chat, or Email us to schedule a FREE CONSULTATION with Expert Tax Attorneys or former IRS agents who can help you with your specific IRS tax problem such as Unfiled Tax Returns, IRS Tax Levy, and IRS Tax Settlements. Fresh Start Tax, LLC., is an IRS Tax Specialty Firm with over 205 years combined IRS tax experience and who has offices located in South Florida since 1982.

Related posts:

  1. Why does the IRS settle your case?
  2. Three Ways a Levy May Be Released.
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