Feeling like you’re paying too much in taxes? You’re not alone. Many taxpayers are unaware of the various tax breaks and programs that can help reduce their tax burden. The “fresh start tax program IRS government forgiveness” and “IRS tax relief fresh start” are just a couple of examples of initiatives designed to ease the financial strain. Let’s dive into some of these hidden gems that could potentially save you a bundle on your next tax bill. Explore the fresh start initiative The IRS introduced the Fresh Start Initiative to help taxpayers who are struggling to pay their taxes. This program offers several benefits, including the ability to settle tax debt for less than the full amount owed, more lenient terms for installment agreements, and increased thresholds for filing tax liens. By taking advantage of the fresh start tax program IRS government forgiveness, you can make your tax obligations more manageable and possibly reduce the total amount you owe. Take advantage of education credits If you or your dependents are pursuing higher education, don’t miss out on education credits like the American Opportunity Credit and the Lifetime Learning Credit. These credits can significantly reduce your tax bill, as they directly decrease the amount of tax you owe, rather than just reducing your taxable income.