Tax Relief Programs

Tax Relief Program

Tax Relief Programs

Some taxpayers find they owe more than anticipated and circumstances may make it is impossible to pay their entire tax bill upfront. If you find yourself owing more than you can feasibly afford, there is help available. Tax relief programs are available from the IRS for those needing help getting their tax bill paid without having to pay additional fees and penalties. Many tax relief programs are designed to help reduce the amount owed on your tax bill.

The Fresh Start Program was introduced by the IRS to make it easier for taxpayers to pay their back taxes. This programs helps individuals and small businesses avoid tax liens and continued collection practices. Initially, the program increased the total amount a taxpayer had to owe before a tax lien is applied. Over the years, the Fresh Start Program has been adjusted and expanded to continually help taxpayers. The program has always stayed true to its original purpose. Helping taxpayers get their tax bills paid in an affordable and timely manner.

The Fresh Start Program also helps taxpayers who are in arrears, offering a variety of penalty relief options. One option for qualified taxpayers, who are unemployed, helps them avoid paying penalties. Individuals can apply to have their failure-to-pay penalties waived for up to six months. Those applying for this option must be unemployed for 30 consecutive days and show financial hardship. During their extension, they do not have to pay penalties, however, they are still responsible for any interest accrued.

Some taxpayers may qualify for an extension for filing their annual tax return. Extensions are approved on a case-by-case basis and applicants must meet certain annual income requirements.

Some taxpayers can avoid having a lien placed against them by getting approved for an installment agreement. This is when reasonable amount of monthly payments is agreed upon. However, if they default on any payment, the IRS can start/resume collection actions and reapply the lien.

An Offer in Compromise is an agreement allowing taxpayers to settle their debt for less than the full amount owed. The IRS will analyze the ability to pay and come up with a lump sum settlement offer. If agreed upon and paid, the tax bill is considered to be paid in full. To be eligible, an individual must not have a personal or business bankruptcy petition open and all required tax forms must be filed. There are also other requirements, which are based on if it is a business tax bill and an individual’s annual income.

While it is never easy owing the IRS large amounts of money, it is still possible to get the debt paid for avoiding liens, levies and garnishments. There are programs there to help and ease the stress associated with owing money on your taxes. You just need to make sure you get all the proper forms filed in a timely manner. If you find you are needing help applying for any of the IRS Fresh Start programs, seek the help of a professional tax accountant or other certified business that specializes in tax relief services.

Check out our full array of services for your tax problems.




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4.8 out of 5 star

10 reviews

Jess T.
2019, July 30, 5:31 pm

Coast one Financial saw my family through

Coast one Financial saw my family through our entire settlement to the end! They did everything they promised, and got us a major settlement savings! My husband and I can\'t thank them enough!

2019, June 20, 1:42 pm

Coast one helped me out when I was up against the IRS

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2019, June 20, 1:31 pm

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2019, May 15, 1:43 pm

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2019, May 3, 1:32 pm

My husband and I had about $40,000 in tax debt

My husband and I had about $40,000 in tax debt from some difficulties we had experienced a few years ago. The *** refused to make payment arrangements with us after we’d broken our past agreement following a job and personal losses. We’d seen these tax relief advertisements but wondered if it would work for us. I got an offer to help us by Coast One Financial Group.. I called them and left a message. An attorney called me back and asked if he told me for a few thousand (about $3000 I think) I he could help eliminate $10’s of thousands of dollars of *** debt. I said i’d Love to but didn’t have enough to pay them. He offered us a payment arrangement that we could afford and we did it. We ended up paying the *** $259.00 in exchange for eliminating $40900 of tax debt. We got the letter this week that our tax lien will be lifted within 30 days. This year we filed our taxes and paid them in full! What a relief and burden was lifted thanks to Coast One Financial and their attorneys. I would recommend them to everyone. They are amazing!

Reply from Coast1Tax :

2019, May 3, 1:32 pm

Thank you!

stephen k
2019, May 2, 1:59 pm

will tell many people to call

was very happy with the outcome will tell many people to call coast one for help and thank you.

Reply from Coast1Tax :

2019, May 3, 1:59 pm

Thank you!

Reginald G
2019, April 3, 2:00 pm

Coast One is the best hands down

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Reply from Coast1Tax :

2019, April 3, 2:00 pm

Thank you!

Cynthia K
2019, March 25, 2:01 pm



Reply from Coast1Tax :

2019, March 25, 2:01 pm

Thank you!

Ranting with Reg Hollywood
2019, January 15, 1:46 pm

step by step guidance

Thank you so much for your patience and step by step guidance, You guys are great and would recommend anyone who have a IRS problem to you guy. Thanks a million you guys rock. I appreciate everything you\'ve done

S. Atika
2018, August 30, 1:47 pm

I owed $44,000 and walked away paying $123 NO JOKE!

Coast One allowed me to have peace again. I was in debt over my ears and saw no way out. With a little time and patience they took me out of debt and gave me my life back. I owed $44,000 and walked away paying $123 NO JOKE! Thank you to the amazing team at Coast One!

Reply from Coast1Tax :

2018, September 1, 1:47 pm

On Behalf of Coast One, we thank you!

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