IRS Payment Plans for Tax Debts – Get a IRS Payment Plan today – Stop the Worry NOW – IRS Tax Experts

December 7, 2012
Written by: Fresh Start Tax

Mike Sullivan

 

IRS Payment Plans for Tax Debts – Get a IRS payment plan today – Former IRS

Let Former IRS agents get you a payment plan today and see if you can also get rid of penalties and interest.

Call for a no cost professional tax consult 1-866-700-1040.    Affordable Services

Speak directly to Former IRS Agents, Managers and Instructors that can get you the very result allowed by law. We know all the tax policies and tax codes to make this program work for you. We are A plus rated by the BBB.

We may be able to settle your case with the IRS with a Offer in Compromise. We will go over the program with you when you call.

Monthly Payments and Installment Plans to the IRS

You can make monthly payments through an installment or payment agreement if you are not financially able to pay your IRS tax debt immediately.

You will reduce or eliminate the amount of penalties and interest you pay and avoid the fee associated with setting up an installment agreement if you pay your tax bill in full.

However, before you apply to the IRS these are the things you need to know:

1. You will need to file all required tax returns,
2. You should consider other sources,
3. Determine the amount of your  monthly payment  based on your current budget. ($25 minimum) and,
4. Know that your future tax refunds will be applied to your tax debt until it is paid in full.

Fees for setting up an installment or payment agreement:

a. $52 for a direct debit agreement,
b. $105 for a standard agreement or payroll deduction agreement or,
c. $43 if your income is below a certain level.

Apply for an installment agreement or payment plan.

Fresh Start Tax will apply if you owe $50,000 or less in combined individual income tax, penalties and interest and get the payment plan the very day we make the request. So stop the worry. Yes, we get same day results.

Understand your agreement, avoid  IRS payment default

You will want to keep your account in good standing with the IRS. to do that you will have to:

1. Pay at least your minimum monthly payment when it’s due (direct debit or payroll deductions make this easy),

You will need to put on the check:
Your name, address, social security number, daytime phone number, tax year and return type on your payment,
2. File all required tax returns on time,
3. Pay all taxes you owe in full and on time (contact us to change your existing agreement if you cannot),
4. Continue to make all scheduled payments even if we apply your refund to your account balance and,
5. Ensure your statement is sent to the correct address, contact us if you move or complete  and mail Form 8822, Change of Address (PDF).

If you miss a payment to the IRS

There may be a reinstatement fee if your agreement goes into default.

Penalties and interest continue to accrue until your balance is paid in full. If you are in danger of defaulting on your payment agreement for any reason Fresh Start Tax can usually get you reinstated.

The IRS will generally not take enforced collection actions:

a. When an installment agreement is being considered,
b. While an agreement is in effect,
c. For 30 days after a request is rejected or,
4. During the period the IRS evaluates an appeal of a rejected or terminated agreement.

Call today for a no cost consult  1-866-700-1040.

 

IRS Payment Plans for Tax Debts – Get a IRS Payment Plan today – Stop the Worry NOW – IRS Tax Experts

 

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