The IRS Fresh Start program allows taxpayers to pay off their tax debts through monthly payments over six years. Most importantly, the Fresh Start program increased the debt threshold before the IRS files a Notice of Federal Tax Lien, expanded access to streamlined installment agreements and streamlined the offer in compromise program.
Fresh Start payments are calculated based on current income and the value of liquid assets. Fresh Start simplifies the process of paying back tax debts and helps people avoid interest, penalties, liens and asset seizures. If you owe less than $50,000, you are qualified to begin the Fresh Start repayment program at any time.