Tax relief

Tax relief helps individuals and businesses reduce their tax burdens or resolve their tax-related debts. A reputable tax relief company can help you reach a tax relief agreement with the IRS.

Our experts can assist you through tax audits, help reduce your tax debt, and stop wage garnishments and bank levies from happening. In some cases, you may be able to settle tax debts for much less than was originally owed.

Start your tax relief now!

One form of tax relief is Tax credits. These are a beneficial in that they can change the amount of tax you owe to the IRS by reducing the taxes on your expenses that the government deems worthy of investment. Tax credits are deducted directly from the total tax due,

Some types of tax credits that can reduce the total amount of tax you owe the IRS that year are:

Having a child or dependent that you pay living expenses for
Adopting a child during that tax year
Being a student and having school-related expenses
Switching to energy-efficient appliances that make energy-saving improvements
Being disabled or elderly
Contributing to a retirement plan

Tax credits differ from tax deductions in that they are considered incentives since taxpayers are reimbursed for investments that the government considers valuable. This form of tax relief allows taxpayers to improve their livelihood through strategic investments that improve their future while enjoying the benefit of reducing the money they owe to the IRS.

Child Tax Credit

Child tax credit introduced by the American Rescue Plan has been one of the most impactful in helping individuals follow the tax code. As of changes made in 2022, the child tax credit provides tax relief for most working families by offering $3,000 to $3,600 per qualifying child living in their primary residence, this is a beneficial improvement compared to the $2000 per child allowance identified in 2020. With the cost of raising a family continues to increase, this tax relief incentive greatly helps families.

Fresh Start Program

Fresh Start Program is a tax relief initiative to help eligible taxpayers who owe money to the IRS. The Federal Government introduced this program to help taxpayers who were perhaps burdened by compound interest and financial penalties due to their unpaid tax debt.

This initiative can relieve taxpayers who qualify for up to a 90% deduction in what they owe. With the Fresh Start Program, individuals can catch up on their back taxes and avoid tax liens, levies, or in extreme cases, jail time.