Installment Agreement
Installment agreement are a great way to systematically pay your tax debt. So why do some of us position ourselves for the world’s greatest collection agency, the Internal Revenue Service (IRS) to do just that? Once in their cross hairs, you will not shake them off.
Acknowledge yes, I am indebted to you. Then come to an agreement to pay this debt over time. Accepting responsibility is the first step. Initiating a solution to pay off your debt is powerful.
There are several types of installment agreements, yet this is where our expertise comes in to select the best agreement that is right for you and your financial situation. Below are a few agreements to consider:
- Non-Disclosure Agreement- Many people recognize this agreement as the Fresh Start.
- Partial Pay Agreement- This agreement is ideal when you are not able to pay back the full amount of your tax debt. The IRS will allow you to pay back a partial amount based upon your ability to pay and how much.
- Tiered Installment Agreement- Your intentions are to pay your tax debt in full, but for the 1st 12-months or year you will pay a lower monthly payment. The monthly payment will significantly increase beginning the 2nd year.
Contact us today for an affordable plan for you.