What Is The IRS Fresh Start Program? What You Need To Know
January 11, 2023
What Is The IRS Fresh Start Program? What You Need To Know If tax debt is weighing you down, you’re not alone—and the IRS Fresh Start Program could be a step in the right direction. Created to help individuals and small businesses manage unpaid taxes more easily, this program offers several options for easing the…
IRS Currently Not Collectible Status: What Are The Pros And Cons?
March 16, 2023
Every year, millions of people file their taxes only to find out they owe more than they can afford. While many manage to pay in full or set up monthly payment plans with the IRS, there’s a large group of taxpayers—millions, in fact—who simply can’t pay anything at all. If that sounds familiar, you’re not…
Understand The IRS Form 1099-C And 1099-C Statute Of Limitations
June 14, 2024
Dealing with debt is stressful enough—then comes tax season, and suddenly, you’re hit with IRS Form 1099-C. If a creditor cancels a debt of $600 or more, they’re required to send you this form, and it’s also reported to the IRS. That canceled debt might now be considered taxable income, which can come as an…
Tax Resolution Services & How CuraDebt Can Help Resolve Your Tax Debt
January 12, 2023
What Is Tax Resolution? If an individual or a business has not reported enough income, has underpaid or didn’t file a tax return when they should have, the IRS will take action. When that happens, the individual or company might find themselves in need of tax resolution services to help solve the issue, pay back…
The IRS Partial Payment Installment Agreement: Do You Qualify?
March 15, 2023
When facing significant tax debt, finding a manageable solution can be a top priority. The IRS offers various options to help taxpayers with outstanding balances, and one option that may reduce your burden is the IRS Partial Payment Installment Agreement (PPIA). But how does this plan work, and do you qualify for it? This guide…