Installment Agreements - Pay Taxes Over Time

We Can Help you Negotiate a Fair IRS Installment Agreement

Installment agreements are set up when a taxpayer cannot afford to pay their entire tax debt all at once, but can afford to pay it over time. Standard installment agreements are paid as a fixed payment every month. IRS or State installment payments can be debited directly from a taxpayer's paycheck or bank account automatically, or can be paid by check each month. With the IRS and many states, payments can also be made online. The IRS uses EFTPS to accept online payments.

• Streamline Installment Agreement:

You may qualify for a Streamline IRS Installment agreement if your total balance of unpaid taxes are $25,000 or less. The Streamline Plan is designed to have your debt paid off in 5 years or less.

• In-Business Trust Fund Installment Agreement:

In-Business Trust Fund Express agreements benefit taxpayers because they may be processed quickly, without financial analysis or managerial approval. Guaranteed agreements provide taxpayers with a one-time account delinquency the statutory right to an agreement if their taxes are $10,000 or less and certain other conditions are met. Extensions of time to pay may be granted to taxpayers able to pay by a certain date.

• Long-Term Installment Agreement:

In negotiating long-term IRS installment agreement, our main objective is to insure that the tax agencies do not impose unreasonable repayment demands, thus leaving the taxpayer unable to meet their monthly obligations and ultimately pay the IRS over time. Long-Term payment plans can last up to the life of the Collection Statute of the debt.

If you would like to discuss any of your IRS Installment Agreement options, please give one of our Tax Specialists at 888-282-4697.