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As you can see, there are several ways in dealing with your issues concerning the IRS. In order to make things more convenient and easier for you, you can even use a self-help software application that can guide you step-by-step through the entire Fresh Start Initiative process. - http://fsi-diy.com/
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Many Americans have problems with the IRS because they fail to pay the full amount of their taxes. This can actually be a scary scenario since the IRS is determined to collect what you owe whether you like it or not!
Luckily, the IRS now has taken certain measures to help taxpayers who have debts with them. One is through the Fresh Start Initiative program. This makes it easier for taxpayers to pay back taxes and avoid tax liens, and its features include the following:
● Get a Short-Term Extension to Pay You may qualify for a short-term extension to pay from the IRS if you can pay all your taxes in 120 days or less. You can apply for a payment extension online via the IRS website or by calling their official number 1-800-829-1040. ● Apply for a Monthly Payment Plan If you cannot really pay your debt in full when you file your return, you can pay off your debt over time by applying for an installment agreement. You should only owe $50,000 or less for you to qualify for an online installment payment agreement. ● Consider an Offer in Compromise If you cannot pay your debt in full yet, you can settle for less than the full amount that you owe by applying for an offer in compromise (OIC). This is a good option if you owe a large amount of tax.