Fresh Start Initiative

View Details

Tax Preperation

View Details

Offer in Compromise

View Details

Installment Arrangements

View Details

Fresh Start Initiative 

The Internal Revenue Service (IRS) recently rolled out its Fresh Start Initiative. This initiative is aimed at helping struggling taxpayers get back into compliance and deal with old problems. It is sometimes the best option, but there may be better options. 

Fresh Start allows qualified taxpayers to avoid the IRS Failure to File penalty which is usually assessed against unpaid tax balances along with accrued interest once you file a long overdue tax return. Triage4Tax is expert at preventing these penalties and interest, but in cases where no other option exists, this initiative may be one of the tools we deploy in resolving your case. 

The Fresh Start Initiative when used will provide for a different installment structure which will allow those using it to avoid financial reviews and Federal liens that the IRS has the option to use in their efforts to collect from you. 

IRS Commissioner Doug Shulman said when asked about the Fresh Start: This new approach makes sense for taxpayers and for the nation’s tax system, and it’s part of a wider effort we have underway to help struggling taxpayers.” 

Tax Preparation

Tax returns are normally the first step in the Triage of your IRS problems. We will discuss with you and then with the IRS which years of un-filed returns must be completed to get you back into compliance with filing requirements. 

We will inform you of the results of these negotiations and then prepare the returns and get them filed. Often times, we can file the returns electronically. When that is not possible, paper returns will be filed. 

Offer in Compromise

The Offer in Compromise can be a terrific and amazing form of tax resolution for those who truly need it and meet the qualifications. There are other options just as good. We evaluate your case and recommend the best option. 

If we recommend an Offer In Compromise, you should know a few facts about it. A person who settles their debt using an IRS Offer in Compromise will end up paying on average less than 20% of the actual amount they owed to the IRS based on IRS reports. 

Why would this not work for you?  Many reasons may make this impractical including the IRS requirements or even your personal your financial situation. 

Installment Arrangements

There are several types of installment arrangements. At first glance, most people will not see the advantages. One particular installment arrangement known as the Partial Pay Installment Arrangement may result in greater savings and greater success than other options such as the Offer In Compromise. 

We will recommend this option after your tax returns are completed and we have gather financial data from you. 

 

We have many tolls in the Triage toolbox to resolve your tax problem besides the above. Each option is part of Triage process. These other options include: 

 

We specialize in:

  • Penalty Abatement 
  • Tax Lien Discharge
  • Tax Lien Subordination
  • Tax Lien Withdrawal 
  • Wage Garnishment Release 

  • Bank Levy Release 

  • Innocent Spouse Relief 

  • Currently Non-Collectible 

  • Statute of Limitations 

  • Collection Appeal 

  • Administrative Appeal 

  • Tax Court