Pay as little as $25/month to the IRS
under an approved IRS payment plan.

Pay as little as $25/month to the IRS
under an approved IRS payment plan.

IRS Payment Plan / Installment Agreement

IRS Payment Plan / Installment Agreement

An IRS payment plan or installment agreement means that the individual or business must pay back the IRS some amount of money on a monthly basis. Installment Agreements can vary in many different ways depending on 1) the amount that is owed to the IRS, 2) your current financial state, 3) how much time the IRS has to collect on the tax debt -- typically 120 months from the date that the tax is assessed. If the total balance owed exceeds $50,000, establishing a reasonable IRS payment plan can be a very tricky matter especially when dealing directly with an IRS Revenue Officer. We frequently see clients attempting to establish unmanageable agreements on their own ultimately ending in disaster. Taxpayers often feel pressured into such an IRS payment plan and mistakenly believe no room for negotiation exists. Another issue regarding installment agreements involves the filing of liens. Generally, the IRS issues liens when the tax debt owed exceeds $10,000. To prevent lien issuance, you must owe less than $25,000 and you must establish an IRS payment plan under direct debit.

IRS TROUBLE?
Better Call Paul
Michigan 586.933.5818

Our law firm specializes in entering clients into very reasonable and affordable low monthly payment plans with the IRS. Are you currently in an unaffordable IRS payment plan? If so, renegotiating the terms always remains a possibility as installment agreements are subject to change. Call The Tax Lawman to discover whether you have been needlessly overpaying the IRS on your agreement. You may even qualify to reduce or eliminate your entire tax debt through the Offer In Compromise program.

Unsure whether an Installment Agreement is your best option? Find out for sure by calling us for a free evaluation or view the Services page for more options.

An IRS payment plan or installment agreement means that the individual or business must pay back the IRS some amount of money on a monthly basis. Installment Agreements can vary in many different ways depending on 1) the amount that is owed to the IRS, 2) your current financial state, 3) how much time the IRS has to collect on the tax debt -- typically 120 months from the date that the tax is assessed. If the total balance owed exceeds $50,000, establishing a reasonable IRS payment plan can be a very tricky matter especially when dealing directly with an IRS Revenue Officer. We frequently see clients attempting to establish unmanageable agreements on their own ultimately ending in disaster. Taxpayers often feel pressured into such an IRS payment plan and mistakenly believe no room for negotiation exists. Another issue regarding installment agreements involves the filing of liens. Generally, the IRS issues liens when the tax debt owed exceeds $10,000. To prevent lien issuance, you must owe less than $25,000 and you must establish an IRS payment plan under direct debit.

IRS TROUBLE?
Better Call Paul
Michigan586-933-5818

Our law firm specializes in entering clients into very reasonable and affordable low monthly payment plans with the IRS. Are you currently in an unaffordable IRS payment plan? If so, renegotiating the terms always remains a possibility as installment agreements are subject to change. Call The Tax Lawman to discover whether you have been needlessly overpaying the IRS on your agreement. You may even qualify to reduce or eliminate your entire tax debt through the Offer In Compromise program.

Unsure whether an Installment Agreement is your best option? Find out for sure by calling us for a free evaluation or view the Services page for more options.