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Overwhelmed by financial difficulties? Tax relief in times of hardship can be a lifeline. At Nashville Tax Solutions, get personalized, compassionate guidance, helping you navigate through tough times with effective tax relief strategies.
Hardship Tax Relief

Transforming Hardship to Hope

Overwhelmed by financial difficulties? Tax relief in times of hardship can be a lifeline. At Nashville Tax Solutions, get personalized, compassionate guidance, helping you navigate through tough times with effective tax relief strategies. Wondering how to find relief and regain financial stability? Let us work for you to transform your financial hardship into a new beginning.
Get Hardship Tax Relief
A Guide

What is Hardship Tax Relief?

A hardship tax relief form of financial assistance provided by the IRS to taxpayers who are unable to pay their taxes due to financial hardship. This relief option is designed to help individuals and businesses when paying taxes would leave them unable to meet basic living expenses.

So, how does one qualify for hardship tax relief?

The key is demonstrating significant financial distress. This means showing that paying your taxes would leave you unable to cover necessary living expenses. To apply for this relief, you must complete Form 8944, 'Preparer Hardship Waiver Request'. This form is your gateway to potentially easing your tax burden due to hardship.

What happens when you're filing for hardship?

By filing Form 8944, you're requesting the IRS to consider your financial situation and possibly offer relief from your tax obligations. The IRS will review your application, considering your income, expenses, asset equity, and overall financial situation.

It's important to remember that hardship tax relief isn't a one-size-fits-all solution. Each case is evaluated on its own merits, and the relief granted depends on the specific circumstances of the taxpayer. Seeking professional guidance can be your best avenue! This guidance can help ensure that you take the right steps towards securing the relief you need.

Facing financial hardship and struggling with tax obligations?

Don't let the burden overwhelm you. Act promptly to explore your options for relief and take a step towards easing your financial strain. Get in touch now. The sooner you act, the sooner you can resolve your tax challenges.
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Get the Help you Deserve

How can we Assit you to Get Hardship Tax Relief?

Evaluating Your Financial Situation

We start by thoroughly assessing your financial circumstances to determine your eligibility for hardship tax relief.

Filing the Necessary Forms

Our team will assist you in accurately completing and filing Form 8944, ensuring that all the required information is clearly presented to the IRS.

Guiding Through the Application Process

We guide you step-by-step through the process of applying for hardship tax relief, making sure no detail is overlooked.

Negotiating with the IRS

With our expertise, we communicate and negotiate with the IRS on your behalf, advocating for your situation and seeking the best possible outcome.

Providing Expert Advice

We offer professional advice on managing your finances during this period and strategies to avoid similar situations in the future.

Ensuring Compliance

We ensure that your application complies with all IRS guidelines, increasing the likelihood of a favorable response.

We understand the stress that financial hardship can bring, especially when coupled with tax burdens. Our goal is to ease this burden by providing compassionate, expert assistance in obtaining the relief you need. Let us help you take the first step towards financial relief and stability.

Christopher Bennett,

EA & Founder, Nashville Tax Solutions
Know your Options

What are Alternative Payment Plans?

Alternative Payment Plans are arrangements made with the IRS or other tax authorities to pay off tax debts in a manner that is different from the standard lump-sum payment. These plans are designed for taxpayers who are unable to pay their entire tax bill in one go.

Installment Agreements

This is a common plan where you agree to pay your tax debt in monthly installments over a period. Installment agreements can vary in terms of length and payment amounts, based on what you can reasonably afford.

Partial Payment Installment Agreements (PPIA)

Similar to standard installment agreements, PPIAs allow you to make monthly payments towards your tax debt. However, under a PPIA, the total amount paid may end up being less than the full amount owed.

Offer in Compromise (OIC)

This plan allows you to settle your tax debts for less than the full amount you owe. It's an option for taxpayers who cannot pay their full tax liability, or doing so creates financial hardship. OICs require a thorough application process and are accepted based on criteria like income, expenses, asset equity, and ability to pay.

Currently Not Collectible (CNC) Status

If you can demonstrate to the IRS that paying your tax debt would lead to financial hardship by leaving you unable to meet basic living expenses, they may place your account in CNC status. While in CNC, the IRS temporarily halts collection activities.

Streamlined Installment Agreements

These are designed for smaller tax debts and typically offer a quicker and less complex application process. They usually have shorter repayment periods and less documentation requirements.

Why Partner with Nashville Tax Solutions?

Expertise and Experience

Personalized Solutions

Comprehensive Services

Client-Centric Approach

Transparent Communication at all times

Proven Success rate for 18+ years

Ethical and Clear Practices

Ongoing Support