IRS Payment Plans

These programs can save BIG! Creating an affordable IRS payment plan is one of the most effective strategies to resolve tax debt!

 


 

There are 3 repayment options available:

  • Full Pay Installment Agreement
  • Partial Pay Installment Agreement
  • Currently Non-Collectible (CNC)

 

Full Pay Installment Agreement

This IRS plan structures the entire tax debt to be repaid at the lowest possible monthly amount. Unlike representing yourself where knowledge of tax code and procedure is foreign, we understand the rules and procedures and can enforce them to create the most affordable payment plan that will not default and lead to aggressive collections. That means we work with the assigned IRS revenue agent to negotiate as many allowable expenses as possible, and work to reduce the penalties and associated interest to the lowest amount available.

 

Partial Pay Installment Agreement

Often times one of the most dramatic solutions is a partial payment plan, Where we structure a shortened IRS payment plan that expires long before the tax debt is paid in full. We work with the assigned revenue agent to prove that the taxpayer and/or business cannot possibly repay the tax debt within the active statute of limitations, as well as negotiating the lowest possible penalties and related interest.

 

Currently Non Collectible (CNC)

If you are experiencing tremendous financial hardship, one of the most dramatic tax relief options is Currently Non Collectible status, where all collection action is frozen against a taxpayer or business. That means the threat to collect back taxes is placed on indefinite hold until the client gets back in their feet, allowing them room and time to breathe. CNC status is a reprieve against collections, but does not eliminate the tax debt. At some point the tax debt may need to be repaid if and when the taxpayer begins earning enough money, and penalties and interest will continue to accrue.

 

Getting Help with your IRS Payment Plan

The first step towards successful resolution is to acknowledge that your tax debt won’t go away on its own and to seek professional assistance. Our firm of tax relief professionals has helped thousands of individuals and businesses just like you stop forced collections and finally resolve their tax debt.

 

Call 1-877-860-3731 today!

Our tax relief professionals will take the time to discuss your issue free of charge, and help map out the best solution moving forward.