IRS Fresh Start Program Could Be the Key to Reducing Tax Debt - Clear Start Tax Explains How It Works
Clear Start Tax Shows How Americans Are Transforming Tax Burdens Into Fresh Starts
IRVINE, CA / ACCESS Newswire / May 26, 2025 / For thousands of Americans grappling with back taxes, the IRS Fresh Start Program has opened the door to meaningful relief - but many taxpayers still don't realize they qualify. Clear Start Tax, a national leader in tax resolution, helps clients turn overwhelming tax problems into manageable solutions.
A Game-Changer for Taxpayers Struggling With Tax Debt
Launched to help struggling taxpayers regain stability, the Fresh Start Program offers more than just payment plans - it offers a chance to reduce tax balances, avoid aggressive collections, and reclaim financial peace of mind. Whether through an Offer in Compromise that settles debt for a fraction of what's owed, a tailored Installment Agreement, or Currently Not Collectible status that halts IRS actions during hardship, these tools have reshaped the financial future of thousands.
"Many taxpayers are surprised to learn the IRS offers legitimate relief options," said the Head of Client Solutions at Clear Start Tax. "Our focus is on helping clients access these solutions and regain financial stability with confidence."
Why Proactive Action Pays Off
Clear Start Tax emphasizes that early action can make all the difference. Waiting too long can trigger wage garnishments, bank levies, or liens that shrink options and escalate costs. Acting early allows taxpayers to preserve access to the most flexible solutions - and can even unlock better settlement terms.
How the Fresh Start Program Works
The IRS Fresh Start Program was designed to help taxpayers resolve back taxes in a manageable, structured way. It works by assessing the taxpayer's current financial situation - including income, expenses, assets, and liabilities - to determine what level of repayment is realistic. Depending on eligibility, the IRS may agree to reduce the total amount owed, set up a payment plan, or pause collections entirely. To qualify, taxpayers must stay current on future tax filings and submit detailed financial information to demonstrate their hardship or limited ability to pay.
The Clear Start Tax Difference: Strategy, Advocacy, Results
What sets Clear Start Tax apart isn't just its knowledge of IRS programs - it's the firm's hands-on, client-first approach. Each case starts with a detailed financial assessment, allowing the team to match the client to the right program. From there, Clear Start Tax handles complex paperwork, negotiates directly with IRS agents, and stays by the client's side through every step of the process.
"Our role isn't just to fill out forms - it's to be a strategist, an advocate, and a guide," added the Head of Client Solutions. "We help people regain control of their finances, not just their ledgers."
About Clear Start Tax
Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm's unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry.
Need Help With Back Taxes?
Click the link below:https://clearstarttax.com/qualifytoday/
Contact Information
Clear Start TaxCorporate Communications Departmentseo@clearstarttax.com(949) 535-1627
SOURCE: Clear Start Tax
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
40 minutes ago
- Yahoo
AT&T Expands Nation's Largest Fiber Network, Now Reaching More Than 30 Million Fiber Locations
AT&T achieves key network expansion milestone ahead of schedule, solidifying U.S. fiber leadership by reaching even more Americans with world-class fiber internet. Key Takeaways: Fiber milestone underscores AT&T's connectivity leadership as America's largest and fastest-growing fiber broadband network and its commitment to delivering fast, reliable Internet connectivity backed by the AT&T Guarantee1 Previously announced agreement to acquire substantially all of Lumen's Mass Markets fiber business supports goal of reaching approximately 60 million fiber locations by end of 2030 2 DALLAS, June 10, 2025 /CNW/ -- AT&T (NYSE:T) (the Company) has further cemented its position as the nation's leading fiber Internet provider by achieving its goal of passing more than 30 million consumer and business locations across the U.S. with its fiber broadband network ahead of plan. "We're proud to now pass more than 30 million fiber locations — halfway to our goal of reaching approximately 60 million homes and businesses across America," said John Stankey, chief executive officer of AT&T. "This accomplishment is a testament to our team's hard work over many years to build the nation's largest and fastest-growing fiber broadband network. Our investments in fiber are fueling economic growth and creating jobs, while delivering the fast, reliable connectivity Americans expect – backed by the AT&T Guarantee." As America's leading fiber provider, AT&T is focused on expanding where it can offer fiber in a variety of ways. This includes growing its organic in-region fiber network, its Gigapower joint venture, commercial open-access agreements, public-private partnerships and recently announced plans to acquire substantially all of Lumen's Mass Markets fiber business, which today includes about 1 million fiber customers and more than 4 million fiber locations across 11 states. Investment in America's Digital FutureAT&T continues to put more fiber in the ground than anyone else and plans to accelerate network expansion efforts to meet increasing customer demand for the best broadband technology available today – fiber. As America's fastest internet with the most reliable speeds3, AT&T Fiber is a critical enabler of economic opportunity, education, healthcare, and innovation. From 2020-2024, AT&T deployed thousands of miles of fiber optic infrastructure to connect communities and businesses nationwide and invested more than $145 billion primarily in its wireless and wireline networks, including capital investments and acquisitions of wireless spectrum. 4 AT&T continues to differentiate its fiber capabilities given its unique combination of network architecture expertise, size and scale, cost-effective growth path and an agile go-to-market approach. By reaching an industry-leading 30 million+ fiber locations passed, the Company is confident in its plans to reach approximately 60 million total fiber locations by the end of 2030. 2 The Company's fiber investments are also driving significant growth. Since the start of 2020, AT&T has passed millions of new fiber locations and added 5.7 million AT&T Fiber customers. Over the next five and a half years, AT&T expects to substantially grow its fiber customer base as it doubles where AT&T Fiber is available today. Committed to Putting Customers First AT&T remains focused on giving customers a premier connectivity experience. Backed by the AT&T Guarantee, AT&T Fiber is unmatched in its capabilities to help consumers and businesses of all sizes thrive in an increasingly digital economy, offering multi-gig speeds, built-in security, dependability, and optimal in-home coverage. AT&T is the first and only carrier to launch a customer guarantee for both its wireless and fiber networks and across both consumers and small businesses, reflecting AT&T's unwavering dedication to connecting customers at work, at home, and on the go. Additionally, by expanding its fiber network, AT&T is giving American consumers more choice when selecting broadband and wireless services the way they prefer – with fiber and 5G together. Customers with both AT&T Fiber and the Company's wireless services are more likely to recommend AT&T to others and remain customers longer. With award-winning fiber service and a customer-first approach, AT&T is shaping the future of connectivity. To check AT&T Fiber availability or sign up for updates, visit and To automatically receive AT&T financial news by email, please subscribe to email alerts. 1Learn more at locations" includes consumer and business locations (i) passed with fiber and (ii) served with fiber through commercial open-access providers.3Limited availability in select areas. Based on analysis by Ookla® of Speedtest Intelligence® data nationwide Speed Score and Consistency Score for Q3–Q4 2024. Ookla trademarks used under license and reprinted with permission.4The years ending December 31, 2020, through 2024 present results from continuing operations. About AT&TWe help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at Investors can learn more at © 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property. View original content to download multimedia: SOURCE AT&T View original content to download multimedia:
Yahoo
an hour ago
- Yahoo
Why 'Buy Now Pay Later' could be wrecking your financial future
Buy now pay later users are increasingly paying much later. Klarna, one of many companies that allow users to purchase something now and pay in installments over time, said last month consumer credit losses in the first three months of the year rose 17% from a year ago. Klarna attributed the increase to "significant Klarna issued many more loans during the quarter, the total dollar value of losses naturally rose as a result of increased volume." Still, Klarna's global percentage of unpaid loans inched up to 0.54% from 0.51%, and earlier surveys mirror that uptick. A survey by LendingTree showed 41% of users paid late at least once in the past year, up from 34% a year ago. Bankrate's survey showed 18% missed a payment. With the economy slowing and big pandemic savings long gone, financial advisers are warning users, who tend to lean younger, BNPL could be wrecking their financial future. 'If using BNPL, it's likely you don't have savings to cover the costs of making purchases,' said Rick Miller of Miller Investment Management. 'Saving for retirement is likely not even a thought in your mind. You need to pay yourself first and shouldn't be spending what you can't afford.' Know the apps: From Klarna to Sezzle: Ranking of apps looks at whether buy now, pay later is a good idea Buy now pay later expands: Costco, Affirm partner to launch buy now, pay later option for online orders Americans often use BNPL to purchase a good or service they can't currently afford. They make an initial payment and spread out the rest of the cost over time and pay in installments. In essence, they're taking a loan for the balance. A quarter of BNPL users say they've used the loans to buy groceries, said LendingTree's survey of 2,000 U.S. consumers ages 18 to 79 from April 2 to 3. That's up from 14% just a year ago, amid rising prices at the supermarket, it said. A third of users see BNPL as a 'bridge' to their next paycheck, LendingTree said. That's up from 30% last year and 27% the year before. Clothing, including shoes and accessories, is the item most commonly bought using BNPL, followed by technology devices and home décor, LendingTree said. The average purchase amount was $142 in 2022, the most recent year of data, according to the Consumer Financial Protection Bureau (CFPB). However, it noted approximately 63% of users had multiple BNPL loans. Overspending: 'Relying on BNPL and short debt gives consumers a false sense of affordability, making it easier to overextend financially,' said Haiyan Huang, chief credit officer at Prosper. Limiting future borrowing: 'If BNPL is helping you make purchases you cannot afford to pay back, then your credit score could take a hit,' especially if you miss payments, Miller said. 'This can hinder your ability to borrow in the future, which could be crucial as you get older and seek a mortgage (or) car loan.' BNPL payment history usually isn't reported to the major credit reporting companies, but a failure to repay may be reported by a debt collector, CFPB said. BNPL companies also can restrict your use in the future. Credit scores help determine 'interest rates for loans and mortgages, your insurance premiums, rental approvals, credit limits on credit cards, and can potentially impact employment,' Huang said. Messing with spending and budgeting mentality: 'You may feel like you can make any purchase you want; however, it's likely not the case,' Miller said. 'Future spending, like in retirement, can't be done erratically, as you'll be on fixed income." Also, 'budgeting is something you need to do for your future self, especially when retirement comes around.' Shifting the weight: Weight loss drugs, DoorDash are entering BNPL space. Is 'bite now, pay later' a good idea? The first thing everyone, not just BNPL users, should ask themselves when considering taking on debt is whether the purchase is essential, Huang said. If yes, then consider the repayment schedule and how it might affect repayments on other debt. It's also important to explore all your options before borrowing money, Huang said. Check to see if financial assistance is available. Consider tapping into your equity if you own a home or taking out a personal loan to cover the expenses with a lower interest rate, she said. 'Fixed-rate personal loans can be a strong tool for consolidating high-interest debt or covering major one-time expenses without the confusion or financial juggling BNPL often creates,' Huang said. 'They provide predictable monthly payments, clear repayment terms, and often lower interest rates than credit cards.' Note, most personal loans are reported to credit bureaus, but that's not necessarily bad. 'When used responsibly, (they) can help build or strengthen credit history,' she said. (This story was updated with Klarna's comments about its payments statistics.) Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday. This article originally appeared on USA TODAY: 'Buy Now Pay Later' could be wrecking your financial future
CNBC
an hour ago
- CNBC
14. Transcarent
Founder: Glen Tullman (CEO)Launched: 2020Headquarters: Denver, ColoradoFunding: $940 millionValuation: $3 billionKey Technologies: Artificial intelligence, generative AIIndustry: Health carePrevious appearances on Disruptor 50 list: 1 (No. 17 in 2024) Over a third of insured adults say it's difficult to understand what their health insurance covers, according to research from health policy organization KFF. The confusion that comes with navigating insurance can result in more costly medical bills. Digital health startup Transcarent wants to tackle this challenge and help Americans receive affordable, high-quality care. Designed for self-insured employers and their workforces, Transcarent provides employees with personalized care, medication savings and information regarding their benefits. Members are guided based on their individual medical history and insurance plan, and their top spending categories, whether it is cancer care, muscle and joint health, mental health or weight management. Transcarent also provides pharmacy care and claims that it has saved clients 40% on pharmacy costs. The information that is analyzed for each member is designed to suggest next clinical steps and connect them with virtual and in-person medical professionals best suited to treat their specific needs. It is also creating more narrow one-stop shop solutions based on critical health needs. Transcarent partnered with Evernorth Health Services' new Oncology Benefit Services program in October, combining cancer services, medical benefits and personalized patient support in one digital platform. The biggest deal for Transcarent closed in April, when it officially acquired Accolade, a health-care delivery, navigation and advocacy service which had gone public in 2020, for $621 million. Now working as a combined organization, Transcarent and Accolade are serving more than 20 million members, along with over 1,700 employer and health plan clients. "Transcarent and Accolade coming together is an important step to make it easier for everyone to access the high-quality, affordable health and care they deserve," said Transcarent CEO Glen Tullman in a statement. Before Transcarent, Tullman was the CEO of remote health management company Livongo until it was acquired by Teladoc in 2020. At that time, the merger led the companies to a joint enterprise value of $37 billion. Now, Teladoc's market cap is just under $2 deal is a poster child for the the growing pains that the digital health sector has run into after a rapid rise during the Covid era. Accolade was one of the many digital health companies that went private due to the industry slowdown in 2024. Despite this post-pandemic shift, Transcarent announced a $126 million Series D investment last year led by General Catalyst and 7wireVentures, where Tullman is co-founder and serves as a managing partner. In an interview with health and medicine news site STAT, Tullman said that Transcarent plans to use its latest funding to further expand its application's AI and pursue additional acquisitions.
