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Misinformation about tax relief can keep people from getting the help they need. Whether it’s fear of dealing with the IRS or misunderstanding eligibility, myths can block the path to financial peace of mind.
Let’s clear up the most common tax relief myths so you can make informed decisions.
Myth 1: Only Rich People Qualify for Tax Relief
Truth: Programs like Offer in Compromise and Installment Agreements are designed for people experiencing financial hardship—not just the wealthy. The IRS looks at income, expenses, and ability to pay.
Myth 2: You Can’t Fight the IRS
Truth: You absolutely can. With the right representation, you can dispute penalties, stop collections, and even settle for less than you owe.
Myth 3: Tax Relief Is a Scam
Truth: While scams exist, there are reputable, licensed professionals who legally help taxpayers resolve their debts. Always research the company you work with.
Myth 4: It’s Too Late to Fix My Tax Issues
Truth: Unless the IRS has already closed your case, you likely still have time. Even if wage garnishment or liens have started, options remain.
Myth 5: It’s Easier to Ignore the IRS
Truth: Ignoring the IRS only makes things worse. Penalties grow, and enforcement actions become more severe.
We’re a trusted team of tax professionals here at Priority Tax Relief who educate our clients, fight for their rights, and deliver real solutions—not false promises.
Frequently Asked Questions: Top 5 Tax Relief Myths Debunked by Real Experts
Can I get tax relief if I owe less than $10,000?
Yes. Relief is based on financial need, not just the amount owed.
Do tax relief services work for state taxes?
Many services, including ours, handle both federal and state tax issues.
Is every taxpayer eligible for an Offer in Compromise?
No, but many qualify. It depends on your unique financial situation.
Will working with a tax relief firm hurt my credit?
No. In fact, resolving your debt may improve your credit over time.
Are tax relief programs free?
The IRS doesn’t charge for forms, but professional help involves fees.
Is it better to file bankruptcy?
Not always. Tax relief options may preserve your assets and credit.
