In 1913, the 16th Amendment to the Constitution made income tax a permanent fixture in the tax system of the United States. Although the intentions are to make sure that individuals are able to receive the services they need from the government, it has caused many to get behind on their payments. In those cases, tax debt relief can be difficult to find. If IRS debt relief is not located, and debts are not cleared relatively quickly, individuals might have to deal with failure to pay penalties, which are one of the biggest factors that a financially distressed taxpayer faces on any tax bills that they might owe. In order to avoid them, individuals will want to make a plan that gives them the tax debt relief they need.

There are several types of tax penalties that people might have to deal with when in need of tax debt relief. While some will need to clear their debts in order to stop irs wage garnishment, which is the process of deducting money from the monetary compensation and is the most common type, others will want to remove tax liens against them. A lien is the legal claim of the government against the property of an individual who needs tax debt relief because they have neglected or failed to pay a tax debt and could actually cause someone to lose their home.

Luckily, there are many forms of tax relief help available to individuals in seeking some form of tax debt relief. Effective July 15, 2006, the IRS made changes to the Offer in Compromise program that required that an up front twenty percent, non refundable payment, plus $150, be submitted with the Offer of Compromise if a cash offer was being made. Though the process might have been made more complex, tax debt relief is available to many individual through an Offer of Compromise.

Because the rules and regulations regarding taxes and debts can be complicated, anyone struggling to find tax debt relief might want to contact an individual who has lots of skill and experience in this area. The guidance that tax professionals or attorneys provide can make it easier for individuals to take the proper steps towards finding the tax debt relief they need. This can help them avoid costly penalties that might stem from unpaid debts and work towards gaining financial comfort.