• EXPERIENCED NATIONWIDE TAX RELIEF SERVICES - SERVING ALL 50 STATES - 14 DAY MONEY BACK GUARANTEE
THC-Logo
Get Started

FAQ’s

Categories

What should I do if I get a letter from the IRS?

If you get a letter from the IRS, don’t ignore it. Carefully read it to understand what the IRS wants, double-check the information for accuracy, and contact us at the Tax Hardship Center for guidance on your next steps.

Yes, you can pause collections by proving financial hardship and requesting Currently Not Collectible status, setting up a payment plan, submitting an Offer in Compromise, or filing an appeal if the IRS made a mistake. Each option depends on your specific situation.

If you default on a payment plan, the IRS may restart collection activities, such as wage garnishments, and cancel the agreement. You’ll need to work with us to set up a new plan or find another way to resolve the issue.

You must respond promptly. Summonses are legal requests for information, and ignoring them can lead to further legal action. Consult a tax professional immediately.

Yes, you can challenge the summons in court if you believe it is not justified or overly broad.

An Offer in Compromise lets you settle your tax debt for less than the full amount if you show you can’t afford to pay it all. The IRS reviews your income, expenses, assets, and overall ability to pay before deciding if you qualify.

Currently Not Collectible status means the IRS temporarily stops collection activities because you’ve proven you can’t afford to pay right now. While interest and penalties still add up, you won’t have to make payments until your finances improve.

The CSED is the date when the IRS can no longer collect on a tax debt, typically 10 years from the assessment date.

A tax lien is a legal claim the IRS places on your property when you fail to pay your tax debt.

Tax debt itself isn’t reported to credit bureaus, but if the IRS places a tax lien on your property, it can show up on your credit report and hurt your credit score.

Yes, once a tax lien is removed, it no longer affects your credit score, but it may take time for your credit report to reflect the change.

A tax lien can significantly lower your credit score and make it difficult to get loans or credit.

The IRS usually doesn’t remove interest, but you can lower it by paying your full tax bill. If that’s not possible, setting up a payment plan can help, as it reduces penalties and, in turn, lowers interest. The IRS may remove interest if they made a mistake or caused a delay.

The IRS has 10 years from when they determine how much you owe to collect taxes, penalties, and interest. This period called the Collection Statute Expiration Date (CSED), means that after 10 years, they can no longer pursue the debt.

You can claim a refund for up to three years after the original tax filing deadline. If you miss this time limit, the IRS won’t issue the refund, and you lose that money.

If you can’t pay your taxes, the IRS will add penalties and interest, but solutions exist. You can set up a payment plan to pay in smaller amounts over time, or if you’re facing financial hardship, you can apply for an Offer in Compromise to settle your tax debt for less than you owe.

The penalties for filing late include a failure-to-file penalty of 5% of unpaid taxes each month, up to 25%, and a failure-to-pay penalty of 0.5% of unpaid taxes per month. Filing on time, even if you can’t pay the full amount, helps reduce these penalties.

We review your IRS notices, analyze your tax situation, and negotiate with the IRS on your behalf. We help you set up payment plans, explore settlement options like an Offer in Compromise, and protect you from garnishments, liens, and other aggressive collection actions.

Yes, the IRS offers programs like Offer in Compromise and payment plans to help you resolve your back taxes.

Ignoring back taxes can lead to liens, levies, wage garnishments, and even legal action from the IRS.

What should I do if I get a letter from the IRS?

If you get a letter from the IRS, don’t ignore it. Carefully read it to understand what the IRS wants, double-check the information for accuracy, and contact us at the Tax Hardship Center for guidance on your next steps.

Yes, you can pause collections by proving financial hardship and requesting Currently Not Collectible status, setting up a payment plan, submitting an Offer in Compromise, or filing an appeal if the IRS made a mistake. Each option depends on your specific situation.

If you default on a payment plan, the IRS may restart collection activities, such as wage garnishments, and cancel the agreement. You’ll need to work with us to set up a new plan or find another way to resolve the issue.

You must respond promptly. Summonses are legal requests for information, and ignoring them can lead to further legal action. Consult a tax professional immediately.

Yes, you can challenge the summons in court if you believe it is not justified or overly broad.

What is an Offer in Compromise (OIC)?

An Offer in Compromise lets you settle your tax debt for less than the full amount if you show you can’t afford to pay it all. The IRS reviews your income, expenses, assets, and overall ability to pay before deciding if you qualify.

Currently Not Collectible status means the IRS temporarily stops collection activities because you’ve proven you can’t afford to pay right now. While interest and penalties still add up, you won’t have to make payments until your finances improve.

The CSED is the date when the IRS can no longer collect on a tax debt, typically 10 years from the assessment date.

A tax lien is a legal claim the IRS places on your property when you fail to pay your tax debt.

Tax debt itself isn’t reported to credit bureaus, but if the IRS places a tax lien on your property, it can show up on your credit report and hurt your credit score.

Yes, once a tax lien is removed, it no longer affects your credit score, but it may take time for your credit report to reflect the change.

A tax lien can significantly lower your credit score and make it difficult to get loans or credit.

How can I remove interest from my tax bill?

The IRS usually doesn’t remove interest, but you can lower it by paying your full tax bill. If that’s not possible, setting up a payment plan can help, as it reduces penalties and, in turn, lowers interest. The IRS may remove interest if they made a mistake or caused a delay.

The IRS has 10 years from when they determine how much you owe to collect taxes, penalties, and interest. This period called the Collection Statute Expiration Date (CSED), means that after 10 years, they can no longer pursue the debt.

You can claim a refund for up to three years after the original tax filing deadline. If you miss this time limit, the IRS won’t issue the refund, and you lose that money.

If you can’t pay your taxes, the IRS will add penalties and interest, but solutions exist. You can set up a payment plan to pay in smaller amounts over time, or if you’re facing financial hardship, you can apply for an Offer in Compromise to settle your tax debt for less than you owe.

The penalties for filing late include a failure-to-file penalty of 5% of unpaid taxes each month, up to 25%, and a failure-to-pay penalty of 0.5% of unpaid taxes per month. Filing on time, even if you can’t pay the full amount, helps reduce these penalties.

We review your IRS notices, analyze your tax situation, and negotiate with the IRS on your behalf. We help you set up payment plans, explore settlement options like an Offer in Compromise, and protect you from garnishments, liens, and other aggressive collection actions.

Yes, the IRS offers programs like Offer in Compromise and payment plans to help you resolve your back taxes.

Ignoring back taxes can lead to liens, levies, wage garnishments, and even legal action from the IRS.

Speak to a tax resolution expert today!

Consents

I acknowledge that by clicking “Get My Free Case Evaluation” I am providing express written consent to be contacted by Tax Hardship Center, LLC via SMS/MMS text messages to the number I provided above, to discuss the products and services offered by Tax Hardship Center, LLC including telemarketing sales calls and information calls in response to your requests, to complete transactions, and to facilitate any service offering. I acknowledge and agree that I am authorized to receive calls at the number provided and to consent to receive those calls from Tax Hardship Center, LLC. I also agree to receive e-mails from Tax Hardship Center, LLC including e-mails to my mobile device. I waive any registration to any state, federal, or corporate Do Not Call registry for purposes of such calls. I understand consent is not required to purchase goods or services and that message & data rates may apply.