Anaheim, CA (PRWEB) January 31, 2012
Last year, the IRS Commissioner announced that the IRS is focused on helping taxpayers with outstanding tax debt to get a “fresh start.” This new fresh start initiative was designed to replace more aggressive IRS collection tactics that damage a taxpayer’s long-term financial position. Alliance Tax Resolution Inc., a California Company, has launched programs to assist unaware taxpayers in taking control of their tax debt in 2012.
IRS Commissioner Doug Shulman called the changes an effort to "stand in taxpayers' shoes" following "the worst recession in a generation."
For people with no hope of paying their tax debts, the IRS has expanded and eased the terms of its programs. The IRS now allows taxpayers to settle their debt by paying a lesser amount, as long as the IRS is convinced that the debt can't be paid in full either as a lump sum or through periodic payments. This is most effectively done with the help of a Tax Debt Relief company.
The IRS will also help repair the damage to taxpayers' credit scores after the full amount of the debt is made. In an important technical move, the agency will grant more taxpayers "lien withdrawals"—a higher level of debt forgiveness than the pre-existing "lien release."
"This is a really helpful effort on part of the IRS to accommodate taxpayers' needs," said Nathan Alhamaidi, Operations Director, Alliance Tax Resolution, Inc. The positive changes affecting the largest number of taxpayers pertain to liens, or legal notices that give the IRS a legal claim to a taxpayer's property in the amount of the unpaid tax debt. The new rules generally prohibit the IRS from filing a tax lien unless unpaid taxes exceed $10,000, doubling the previous limit, which had been in effect since the mid-1980s.
If you have a Tax Debt, you may qualify for a Tax Debt Relief Program. Please call Alliance Tax Resolution at 800-928-7166 or visit http://AllianceTaxResolution.com today.
VP, Assura PR, Inc.