IRS Tax Debt Help Tool

​Many taxpayers are surprised to learn they owe additional tax when filing their return. The good news is that the IRS has launched a new online Tax Debt Help Tool designed to help individuals and businesses understand their options and find the best path forward…

​What Does the Tool Do?
The Tax Debt Help Tool asks a series of simple questions about a taxpayer's financial situation and tax debt. Based on the responses, it provides information about potential resolution options available through the IRS. Importantly, users do not need to enter sensitive personal information such as a Social Security number, name, or address.
 
Possible Options Include:

• Monthly payment plans (installment agreements)
• Temporary collection delays for financial hardship
• Offers in Compromise for qualifying taxpayers
• Other IRS payment and resolution programs depending on the taxpayer's circumstances

 
Why This Matters
Many taxpayers receive advertisements from companies promising to "settle IRS debt for pennies on the dollar." In reality, IRS relief programs have specific qualification requirements. This new IRS tool helps taxpayers understand their legitimate options directly from the source before paying a third party for assistance.
 
You can access this tool by clicking here.