What is the difference between tax relief and tax rebate
One of the most common problems with taxes is being unable to pay a tax bill in one lump sum. The IRS Fresh Start initiative offers an option.
If you meet the criteria for Low Income Certification, you don't have to pay either the initial down payment or the application fee. It depends on your family size and household income. Also, where you live. If your family is three members and your monthly household income is below or equal to $3997, you will be exempt from the initial fees.
If a taxpayer believes he or she qualifies, the taxpayer completes a financial statement on a form provided by the Internal Revenue Service. Wage earners and self-employed individuals use Form 433-A. Form 433-B is for Offers involving all other business types. These financial statements identify all assets and liabilities as well as disposable income.