IRS Tax Debt Stamford, Connecticut: IRS Offers New Penalty Relief and Expanded Installment Agreements to Taxpayers under Expanded Fresh Start Initiative

Education & Training with Tax Rep LLC

We frequently represent taxpayers involved with IRS tax issues in Stamford, Connecticut and elsewhere.  The Internal Revenue Service (“IRS”) announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by taking steps to provide new penalty relief to the unemployed and making Installment Agreements available to more people.

The changes include:

  • Certain taxpayers who have been unemployed for 30 days or longer will be able to avoid failure-to-pay penalties.  A six-month grace period on failure-to-pay penalties will be made available to certain wage earners and self-employed individuals. The request for an extension of time to pay will result in relief from the failure to pay penalty for tax year 2011, but only if the tax, interest and any other penalties are fully paid by Oct. 15, 2012.
  • The IRS is doubling the dollar threshold for taxpayers eligible for Installment Agreements to help more people qualify for the program.  The IRS announced today that the threshold for using an installment agreement without having to supply the IRS with a financial statement has been raised from $25,000 to $50,000, and the maximum term for streamlined installment agreements has also been raised to 72 months from the current 60-month maximum.

If you would like to discuss either of these programs or any other IRS Tax Debt issue you are having in Stamford, Connecticut or elsewhere, please feel free to contact me at (203) 602-5550 or at



Eric L. Green, Esq.

Convicer, Percy & Green, LLP

60 Long Ridge Rd., Suite 202

Stamford, CT 06902

Ph. (203) 602-5550

Fax (203) 286-1311


Posted by


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
ActiveRain Community
Connecticut Fairfield County Stamford
stamford ct
tax problems
irs tax debt
eric l green
tax penalties
convicer percy green llp

Post a Comment
Spam prevention
Spam prevention
Show All Comments
MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years
Karen can be a tool every individual with Internal Revenue Service matters needs. The site is stuffed with information and ratings on the main national organizations. This issue isn't anything you can actually overlook, you need a specialist, and <a href=""></a>  can assist you find one If you want my tips, you better trim your losses and look for actual support in another place. Have a look at <a href=""></a>  … They've individually called and analyzed 50 plus tax debt relief agencies so you can choose the best tax debt assistance for your problem. You've been used once, so do not get used yet again! You should examine before selecting yet another tax debt pro.
Mar 14, 2012 12:48 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Eric L. Green

Your IRS Tax Litigator
Have a Tax Issue?
Spam prevention

Additional Information