Several government programs and initiatives exist to assist individuals and homeowners with back taxes. Here are some examples:
1.Installment Payment Plans: Many local governments offer installment payment plans that allow taxpayers to pay their back taxes over time rather than in a lump sum. These plans typically require the taxpayer to make regular monthly payments until the debt is paid off.
2.Tax Relief Programs: Some governments offer tax relief programs for individuals facing financial hardship. These programs may provide exemptions, credits, or reductions in tax liability for eligible taxpayers.
3.Property Tax Exemptions or Deferrals: Some jurisdictions offer property tax exemptions or deferrals for low-income homeowners, senior citizens, veterans, or individuals with disabilities. These programs can help reduce or delay the payment of property taxes for eligible individuals.
4.Taxpayer Advocate Service: The IRS provides a Taxpayer Advocate Service that helps taxpayers resolve issues with the IRS, including back taxes. Taxpayer advocates can provide assistance in negotiating payment plans, resolving disputes, and accessing available tax relief programs.
5.Local Assistance Programs: Some local governments and community organizations offer assistance programs to help individuals and homeowners with back taxes. These programs may provide financial assistance, counseling, or other forms of support to help taxpayers resolve their tax issues.
6.If you're feeling stuck and still seeking assistance, allow H.E.A.R.T Real Estate Solutions to lead the way. We'll safeguard your credit and put cash in your pocket. Visit us at: HeartREI.com or call us: 844-289-6696
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