TAX DEBT RELIEF OPTIONS – Idaho State Tax Commission
M&M Financial has been successfully resolving back tax liabilities for small businesses and individuals nationwide since 2005 and working for Idaho taxpayers since 2008. We deal with the IRS and State taxing authorities, so you do not have to! Idaho has strait forward options for struggling taxpayers and businesses trying to resolve back-tax liabilities. Below is some information that will help you start resolving your state tax liabilities. If you have questions and would like to talk to a licensed Tax Resolution Specialist please do not hesitate to call us at 866-487-5624.
PAYMENT PLANS TO RESOLVE IDAHO BACK TAXES
Like most states, Idaho State Tax Commission is
more aggressive in collecting business back-tax debts when compared to individual tax debts. The STC website provides a lot of helpful information about setting up an
Idaho Tax Commission Payment Plan to satisfy your Idaho tax liability. Below is a summary of their standard payment plan terms:
- You can avoid a tax lien filing if your total delinquent tax balance is paid in full within 6 months.
- Maximum payment plan term is 18 months.
- Business payment plans typically have a maximum term of 12 months, but a 6-month term is preferred.
Check the
Collection and Audit Hub page on the website for more information.
REDUCE YOUR IDAHO TAX DEBT
Idaho State Tax Commission
does not have an Offer in Compromise program, but the good news is that they may grant penalty relief in certain cases. According to the Idaho State Tax Commission Taxpayer Bill of Rights,
the Tax Commission may be willing to cancel or abate penalties, if you can show that you’ve experienced a hardship that is considered
Reasonable Cause.
IDAHO TAX RESOLUTION CASE EXAMPLES
The Idaho State Tax Commission has
some flexibility when it comes to back tax liabilities. Each case varies based on factors such as your compliance history, type of tax owed and total amount past due. Here are some case examples in your state
negotiated by M&M.
page last reviewed 10/07/2021
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