IRS Tax Liens? We Can Help.

If a tax professional or attorney is helping you fight tax liens or you owe the IRS back taxes you probably know that you can protect thousands of dollars by buying a car with a 60 month loan! It's part of an IRS solution called Offer-In-Compromise. Redemption Capital will help you find the vehicle you need and, best of all, finance your loan.

Yes, oddly enough, it's true... according to IRS guidelines. The IRS offers a solution called an Offer-In-Compromise where an IRS formula determines how much in assets and income a taxpayers has available to pay back taxes over a 5 year period. Of course, the IRS has to give you a living allowance so that you can continue to work and function through your 5 year payback period. When it's over and you've made required payments your obligation to pay the government is gone.

That's where your new car payment becomes important. Quite simply, a car that is paid off or close to it becomes an asset the IRS can take and it can increase the amount you pay. A car that you have to make monthly payments on for 5 years or more becomes part of your allowable expenses and lowers the amount you pay the IRS.

In short, you are allowed a car payment of up to $489 a month PLUS $117 a month in transportation related expenses. Over 5 years that reduces your payment to the IRS by over $36,000. If you have a two car family and finance both you can reduce your IRS payback by over $80,000.

Contact us now to find out more or get started!