Is the irs forgiveness program legit?

The short answer is Yes, but it's best to seek professional help to get that forgiveness. Take a look at what every taxpayer needs to know about the IRS debt forgiveness program.

Is the irs forgiveness program legit?

The short answer is Yes, but it's best to seek professional help to get that forgiveness. Take a look at what every taxpayer needs to know about the IRS debt forgiveness program. No company can guarantee that part or all of its tax debt will be forgiven. The only organization that can do this is the IRS, and it rarely forgives tax debt.

The IRS notes that it can forgive part of the tax debt through a transaction offer, but there are rigid requirements for this agreement. If you pay them a down payment, which can be in the thousands of dollars, these companies claim that they can reduce or even eliminate their tax debts and stop the collection of back taxes by applying for legitimate IRS programs for difficult situations. Publication 594, The IRS Collection Process, contains information on the options available to taxpayers, and the IRS YouTube channel also has a video with useful information. With installment agreements and compromising offers, the IRS's Fresh Start initiative was already attracting struggling taxpayers to comply with the rules, but the expanded program is even more friendly, making it easier than ever to qualify for installment programs or commitment offer agreements.

You can avoid IRS collection notifications and actions, such as a notice of a federal tax lien or an IRS tax, by establishing an installment agreement in advance and making your payments in installments. The truth is that most taxpayers don't qualify for the programs offered by these scammers, their companies don't settle the tax debt and, in many cases, they don't even send the necessary documentation to the IRS requesting participation in the programs mentioned above. The IRS Declaration Preparation Office will process the complaint and, if appropriate, submit it to the IRS Office of Professional Responsibility for investigation. If the IRS considers taxes to be “currently not collectible,” the agency will cease its collection efforts, giving taxpayers a break and release the fear of the IRS breathing down their necks.