Affordable former IRS agents and managers and know the system, since 1982.

Their various solutions in dealing with IRS back tax debt and two of the most common ways are having IRS accept you as a:

1. hardship or uncollectible candidate,

2.or IRS entertaining a payment agreement.

Before you do predetermine which is the best method for you to resolve your IRS tax situation it is probably best to call our office for a free initial tax consultation and let us help you make the correct determination that will help you and your IRS problem.

It is important for you to know that certain conditions may exist to place you in a currently not collectible status or place you in the lowest possible payment agreement status with IRS.

There a lot of factors that come in the play before making a decision, some of those are your current financial statement, your future income potential, the length of your statute of limitations, and a possible exit strategy why

Over 40% of people who owe back taxes currently have their cases placed in uncollectible files or current tax hardships.

But what does that mean?

That means that the Internal Revenue Service will take your individual documented financial statement and will make a determination  to find out if you can even make payments at this time.

If this is the case, IRS will put a freeze on it so no enforcement action may be taken.

About three years later, the case will come back out to the field for re-review. At that time the will make a new financial determination based on a current financial statement, pay stubs, and bank statements.

What is the downside the downside ?  IRS will continue to take any refund you have available and penalties and interest run.

The other option is to enter into a monthly payment plan. 

Monthly payment plans are based on the IRS review of the 433F ,  which is the IRS documented financial statement and documentation to support that financial statement.

Payment plans are figured out based on what the national, regional or localized averages and standards are for your current monthly expenses.

IRS simply looks at your current verified income to pay stubs and subtracts from it the national, regional localized average expenses that a taxpayer should have in the area in which you live. If there is a surplus that’s what IRS will expect for a payment agreement.

So the minimum IRS payment agreement will be determined on the financial statement and that’s why it is important that a true IRS tax expert both prepare and negotiate any payment agreement you are making with Internal Revenue Service.

It is well worth your money because many times IRS will force you into an agreement that you are never again to be able to live into.

It also should be noted that many taxpayers with  installment payments are eligible for the offer in compromise program to settle their debt for pennies on the dollar.

When you call our office we will walk through the forms with you and find out is what the best available solution is for you.

Since 1982 we have been practicing tax representation for taxpayers, and businesses and individuals and corporations who owe back taxes.

Call us today learn more and speak to a true IRS tax expert.

IRS Payment Plans + What is the Minimum Amount + Former IRS + Learn the Truth