It can be a legitimate option if you can't pay. Frequently asked questions about offers of commitment · YouTube video text script · Public inspection archive. Under certain circumstances, taxpayers can have their tax debt partially forgiven. When the IRS considers forgiving your tax liability, it first analyzes your current financial situation.
This means that the IRS cannot charge more than you can reasonably pay. If any collection action forces you to enter into a financial crisis in which you lose all sense of financial security, the IRS cannot collect back taxes. Understanding your tax debt and dealing with the IRS isn't easy to do alone, even with available programs like Fresh Start. The IRS offers other ways to help you pay and eventually settle your tax bill through its Fresh Start program.
To make it easier for taxpayers to qualify for an OCI, the IRS has expanded its Fresh Start initiative. The IRS also offers several other methods to help small business owners pay and eventually eliminate their outstanding balance through its Fresh Start program. The IRS Fresh Start program is another term for the agency's various debt forgiveness options.