Do you need a Payment Plan with the IRS? We are fast and affordable. We are IRS Tax Experts. We have worked for the IRS for over 60 years in the local, district and regional offices of the IRS.
We can get you the agreement that is right for you.
We also taught Tax Law at the IRS. We can get you the agreement that best suits your financial needs. Call us for a free tax consultation 1-866-700-1040.
You can make monthly payments through an payment plan if you’re not financially able to pay your tax debt immediately.
Before you apply there are some things you need to know that we will go over with you:
1. File all required tax return, IRS will not set up a payment plan unless you are current on all filings.
2. Determine the largest monthly payment you can make ($25 minimum) so you can reduce the amount of interest you pay to the IRS.
3. Know that your future refunds will always be applied to your IRS tax debt until it is paid in full.
4. Avoid the fee for setting up an installment agreement. Pay the full amount you owe within 120 days to avoid the fee.
The fee for setting up an IRS Payment plan agreement is:
1. $52 for a direct debit agreement;
2. $105 for a standard agreement or payroll deduction agreement; or
3. $43 if your income is below a certain level.
You need to understand your agreement and keep your account in good standing. You will need to:
1. Pay at least your minimum monthly payment when it’s due (direct debit or payroll deductions make this easy);
2. Include your name, address, social security number, daytime phone number, tax year and return type on your payment;
3. File all required tax returns on time; you will default your agreement if this is not done.
4. Pay all taxes you owe in full and on time (contact us to change your existing agreement if you cannot);
5. Continue to make all scheduled payments even if we apply your refund to your account balance.
If you don’t receive your statement, send your payment to the address listed in your agreement.
There may be a reinstatement fee if your agreement goes into default. Penalties and interest always continue to accrue until your balance is paid in full. If you are in danger of defaulting on your payment agreement for any reason, contact the IRS immediately. The IRS will generally not take enforced collection actions:
When an installment agreement is being considered;
1. While an agreement is in effect;
2. For 30 days after a request is rejected, or
3. During the period the IRS evaluates an appeal of a rejected or terminated agreement.
Call us to get the very best deal worked out on your behalf. 1-866-700-1040
