We Can Help you Negotiate a Fair IRS Installment Agreement
Guaranteed IRS installment agreements are set up between a taxpayer and the IRS, giving you the option of paying the IRS over time. Each month you will be responsible for paying off a portion of what you owe, decided on by your income, your other reasonable expenses and how much you owe. IRS Payments can be debited directly from your paycheck or bank account, while the third option leaves the responsibility of payment up to you.
- Streamline Installment Agreement:
You may qualify for a Streamline IRS Installment agreement 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.
Washington Tax Services will work within your budget and financial profile to negotiate a long term IRS payment arrangement to pay back the IRS over time.
