An applicant who chooses to exercise the provisions of the Academic Fresh Start Program must meet all LSC admission or re-admission requirements and must submit official transcripts from all colleges or universities attended prior to the Academic Fresh Start being granted. The courses excluded under this provision may not be counted toward a degree, may not be counted in the GPA calculations or academic standing, and may not be used to meet prerequisite requirements.
An IRS Fresh Start Program in Compromise (or OIC) is an agreement that allows taxpayers to reduce their tax debt by paying less than what they owe. This is the best Fresh Start tax relief through the Fresh Start Initiative. An Offer in Compromise can be the best way to reduce your tax debt via the Fresh Start Program. However, there are some conditions. This option is only available to taxpayers in difficult economic circumstances who do not have the financial resources necessary to fully pay their federal tax debt. An OIC is a strict requirement. This means that not all taxpayers who owe thousands to the IRS are eligible for the program. If you have a tax relief company certified, your chances of getting an Offer in Compromise are greatly increased. The IRS will not bully or manipulate tax experts into making a less than optimal solution. To ensure you avoid scams in tax relief, please refer to the "How to Avoid Tax Relief Scams". These companies promise an OIC without having examined your tax situation and prepared the required forms for the IRS. Only the IRS can approve an Offer in Compromise. The best tax relief company will communicate their process clearly, be experienced in negotiations with the IRS, get results for their clients, as well as center their strategies around your financial needs.
We've only briefly covered the basics of this program. We are available to answer any questions you may have, to give you a definitive answer about eligibility, and to help you apply for the Fresh Start Initiative. No matter what your situation, our friendly, qualified tax professionals can help you find the best way to move forward.