IRS Installment Agreements

Описание: Many taxpayers often struggle when the high amount of federal income taxes they owe is higher than they can pay. It can understandably be an overwhelming and stressful experience for you. However, did you know that an Internal Revenue Service (IRS) installment agreement might be an option? And that is not all; taxpayers can potentially qualify for another collection alternative, such as an Offer in Compromise.

If you are a taxpayer and owe up to $50,000 to the IRS in back taxes, you can enter into a formal streamlined agreement with the agency. This will stretch the tax payment out over several months or even years.

To qualify for a tax installment agreement with the IRS, all tax returns that are due need first to be filed. In most cases, installment agreements require equal monthly payments. And the installment amount payment will usually be based on the amount of taxes you owe and your ability to repay that amount within the time available for the IRS to collect.

As a taxpayer, you might be able to avoid a lien by the IRS if you take immediate action. The experienced and trained tax attorneys at Guardian Tax Law will help you create a tailored installment agreement that meets your needs.

You should know that the IRS charges user fees for installment agreement applications. Usually, the amount of installment agreement fees can vary depending on factors, such as type of agreement, method of payment, and your financial circumstances.

Are you worried that you won’t be able to pay your tax liability by the deadline fully? If so, you should consider requesting an installment agreement. Call Guardian Tax Law for a free consultation and get more information regarding tax installment agreements or any other tax related issues.

Guardian Tax Law
5255 E. Williams Circle, Ste 1065-102
Tucson, AZ 85711
(520) 526-9850

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