Wednesday, September 16, 2020

Tax Debt Installment Agreement

If you owe the IRS or State more than you can afford to pay, you are allowed to make payments over a given period of time.


Streamlined installment agreement allows you to pay your tax debt balance in full over a 72-month period. Call (855) 913-0249 for free tax consultation.



Some Installment Agreements require the full payment of the tax liability which is set into monthly installments paid over time. Other Installment Agreements allow you to partial pay your liability in monthly installments over time.



If you cannot fully pay off your balance you may claim hardship where you make payments based on your ability to pay and not on the amount you owe. If the circumstances apply, you may not need to pay anything.




We know what the IRS will and will not allow. By planning properly and creating a comprehensive package to submit to the taxing agencies, we ensure that if you enter into an installment agreement, it will be for an amount you can comfortably afford over an extended period of time.

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