Tax Installment Agreements – Pay what you can afford
If you do not qualify for an Offer in Compromise we can help you get additional time to pay your taxes. We’ll set up an installment agreement that fits both your budget and the IRS rules. Our goal is to negotiate the lowest amount the IRS and/or State tax agency will allow.
An Installment Agreement is simply an agreement between you and the IRS to pay your tax debt in the full amount on a regular monthly basis. Tax Relief Associates Group will help you negotiate a fair and affordable monthly payment to the IRS.
Types of Installment Agreements with the IRS
If you owe back taxes it can be hard to get caught up with what you owe. Ask a licensed tax professional to help you with the process. The IRS has a variety of Installment Agreements you can choose from to settle your debt and secure your financial freedom.
Why Timely Payment of your Installment Agreement is so Important
Once you have started making your monthly tax settlement payments, it is important you continue to make them on time. When you agree to the terms of an Installment Agreement the IRS recommends you choose one of two payment methods. Either direct debit which electronically transfers the payment from your checking account or with a payroll deduction which your employer will take directly from your earned wages. If for any reason you believe you will be late making a payment, call your tax specialist at Tax Relief Associates Group. One late payment can result in your Installment Agreement being voided and the money you have paid not being credited to your back taxes.
Call Tax Relief Associates Group now and talk to one of our trained tax repair specialists to get back on the road to freedom from IRS tax debt.