How much is the IRS Fresh Start Program?
The Fresh Start program is an IRS initiative that was created to help taxpayers who are struggling to pay their taxes. The program offers a number of different options for taxpayers, including Extending the time to pay taxes owed, Reducing the amount of taxes owed, Making it easier to set up a payment plan, Eliminating some penalties and interest charges. The Fresh Start program is available to any taxpayer who owes taxes, regardless of whether they are an individual or a business. The amount of taxes owed will determine which options are available to the taxpayer. For example, taxpayers who owe less than $50,000 in taxes may be eligible for an extended payment plan. Taxpayers who owe more than $50,000 in taxes may be eligible for a reduced payment plan. The Fresh Start program is designed to make it easier for taxpayers to pay their taxes and avoid penalties and interest charges.