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Installment Agreements
Have you filed your returns but were unable to pay the taxes due or just completed your return and owe more than you can pay?
Don't panic, CONTACT US today. We can help with an installment agreement or an
Offer In Compromise. You do have options, but you must file the returns. If
you don't, the penalties could be terrible.
If you are currently unable to pay the full amount of your tax liability, but do not qualify for an
Offer In Compromise, we can contact the IRS and request an Installment Agreement.
We will review your monthly income and living expenses, and let you know what the IRS position is on "allowable" expenses. As
you can expect, the IRS definition of living expenses and ours will be very different. With your approval, we will negotiate
with the IRS to have them accept the Installment Agreement.
A negotiated payment plan is much more favorable that a Wage Levy,
Bank Levy, or Asset Seizure. This agreement, after we have
it approved by the IRS, will allow you to pay your tax liability over a period of time. In general, the IRS will review your
financial situation again in about two years to see if the monthly payments can be increased.
CONTACT US today for a free analysis!
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