All Press Releases for July 11, 2012

Tax Defense Network Grades Back Tax Solutions from Easiest to Hardest

Tax Defense Network's tax attorneys share its grading system, which ranks the most popular IRS programs from easiest to hardest to be accepted into.



    JACKSONVILLE, FL, July 11, 2012 /24-7PressRelease/ -- There might be times when taxpayers are not able to pay their taxes on time due to unavoidable circumstances or financial constraints. At such times, IRS programs help taxpayers pay back the tax amount owed with ease.

Tax Defense Network's tax attorneys share its grading system, which ranks the most popular IRS programs from easiest to hardest to be accepted into.

1. Installment Agreement - Easiest
Taxpayers can pay back the tax debt amount in monthly installments according to their income, monthly expenses and duration of payment timeline.

2. Partial Payment Installment Agreement - Easier
Taxpayers can pay a reduced tax debt amount in monthly installments. A reduction in the tax debt in this program depends on the amount of time the tax debt has within the statute of limitations and the amount of debt.

3. Currently Not Collectible/Hardship - Easy
Taxpayers who can prove they are unable to pay their tax debt through required financial documents can postpone the collection of the tax debt amount until their financial condition has improved. This is a fairly easy program to be accepted into if the taxpayer is qualified.

4. Penalty Abatement - Hard
Taxpayers can have some or all of the penalties attached to their tax debt abated, which reduces the overall amount substantially. Tax Defense Network explains that it is this program's unpredictability that ranks it as harder.

5. Innocent Spouse - Harder
Taxpayers may find it difficult to prove they were unaware of the things claimed or recorded on their tax return because their spouse had either forged their name or kept it hidden. This is an IRS program that Tax Defense Network says has to have overwhelming evidence in the taxpayer's favor in order to be accepted into.

6. Offer in Compromise - Hardest
Taxpayers can settle a substantially reduced tax debt amount with a lump sum or in a minimal number of monthly payments. This program has severe restrictions and has an acceptance rate around 25 - 35 percent annually.

Tax Defense Network advises taxpayers to seek the help of tax professionals to ensure they choose an IRS payment program wisely. For more information about Tax Defense Network and its national services, please visit http://www.taxdefensenetwork.com/pr or call (888) 605-5657 for a free consultation.

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Contact Information

Kara Nuckles
Tax Defense Network
Jacksonville, FL
United States
Voice: 904-309-8065
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