Category Archives: Installment Agreements
IRS Payment Plan Options
Fortunately, just because a taxpayer cannot pay what he or she owes to the IRS in full, does not mean that that person is out of luck. This is because the IRS offers a number of payment plan options, including both short and long-term installment agreements. We’ve included information about a few of those… Read More »
Does Your Business Qualify For A Tax Payment Plan?
Individual taxpayers aren’t the only ones who could benefit from entering into a payment plan agreement with the IRS. Businesses, for instance, that owe a debt to the IRS, could be eligible for long-term plans to help them pay off what they owe over time. Read on to learn more about whether your own… Read More »
Applying For An Individual Tax Payment Plan
Qualified taxpayers who cannot pay what they owe to the IRS can apply for a payment plan that allows them to pay off their balance over time. The types of payment options that are available to a taxpayer will depend on his or her specific tax situation. For instance, payment options could include full… Read More »
Am I Eligible For A Payment Plan?
Taxpayers who are unable to pay what they owe to the IRS in a single payment, often have the option of applying for a payment plan, which allows taxpayers to pay off their balance over time. Which of these payment options is available to a taxpayer will depend on his or her specific situation,… Read More »
Relief for Taxpayers Struggling with Tax Debt During COVID-19
The IRS recently made a number of changes to its tax collection policies in an effort to help taxpayers who have been impacted by COVID-19, more easily settle their tax debts. For instance, many taxpayers have been given an additional 60 days to resolve their debts, while those who satisfy certain requirements can set… Read More »
Paying Off Tax Debt with an Installment Agreement
If you are unable to pay what you owe to the IRS, you have a few different options that can keep you from accruing unmanageable penalties and interest payments, or having your assets or wages seized by the government. Installment agreements, for instance, allow taxpayers to pay off their debts over time by making… Read More »
