As long as the taxpayer complies with the requirements of the PPIA, the IRS will stop taking further collection measures such as bank levies, wage garnishments, or property seizures. Your account is  no longer under the collection department. 

There are several essential components to qualify for the program. Firstly, taxpayers must have financial difficulty supported by documentation that includes income, expenses, and assets statements. Second, compliance with tax filing requirements is essential, all previous tax returns must be filed. Last but not least, the ability to pay is crucial, taxpayers need to demonstrate their ability to make regular payments based on their income, spending, and other financial commitments as established by the IRS.

 LifebackTax Relief is the nation’s leading tax resolution firm that specializes in offering knowledgeable advice and advocacy throughout the PPIA procedure.  We will help you prepare and submit the necessary IRS documentation to the IRS. Our PPIA services include an in-depth analysis of your financial record done by our team of expert resolution specialists leaving no room for error and mistakes. 

If your financial condition and situation doesn’t qualify you for an OIC, the PPIA might be the next best option for you.  By working with LifebackTax Relief, you can trust that our experienced team will guide you through the process, ensuring your eligibility and securing the best possible terms. Contact us right away to learn more about this program and get the maximum benefit from it.