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IRS Tax Relief

Tax relief is not a loophole — it's a set of legally authorized IRS programs designed to help taxpayers who genuinely cannot pay their full debt. Understanding your options is the first step.

The Bottom Line on Tax Relief

The IRS offers multiple resolution programs because collecting something is better than collecting nothing. If you genuinely cannot pay your full balance — due to income, assets, or health — the IRS has formal programs to settle for less, defer collection, or remove penalties. TaxWave's job is to determine which program you qualify for and execute it correctly.

Explore Tax Relief Programs

The Main IRS Resolution Programs

ProgramWhat It DoesBest For
Offer in CompromiseSettles debt for less than full amount owedLow income, significant hardship, doubt as to liability
Installment AgreementMonthly payment plan (36–84 months)Can afford some payments, need to avoid enforcement
Currently Not CollectibleStops all collection — no payments requiredIncome doesn't cover basic living expenses
Penalty AbatementRemoves IRS penalties (up to 25% of balance)First-time compliance violation or documented hardship
First-Time AbatementAutomatic penalty removal for clean compliance historyNo prior penalties in the last 3 years
Innocent Spouse ReliefRemoves liability for spouse's tax errorsUnaware of spouse's understatement when signing
Lien WithdrawalRemoves Notice of Federal Tax Lien from public recordsDDIA + balance ≤ $25k, or after full payment

Not sure which program fits?

TaxWave's free consultation evaluates your full financial picture and recommends the best path — without overselling programs you don't qualify for.

Get My Free Tax Relief Assessment
Take Action Today

Resolve your tax issues with confidence.

Answer a few questions online or speak directly with our team. Either way, you’ll get a clear path forward — and our specialists will handle everything from there.

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