HELP IS ON THE WAY

    IRS has announced that there will be help from the IRS for individuals and small businesses struggling to meet their tax obligations. To help people get a fresh start they plan to change adjustments to IRS Lien policies in a few ways.

1. By increasing the dollar threshold when liens are issued, resulting in fewer tax liens.

2. They want to make it easier for taxpayers to obtain lien withdrawals after paying a tax bill.

3. Withdrawing liens in most cases where taxpayers agree to a Debit Installment Agreement.

As for small businesses, IRS would create easier access to Installment Agreements for struggling businesses.
Last, the IRS wants to expand the streamlined Offer in Compromise to cover more taxpayers.

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