IRS Tax Settlement - Get Fast Relief From IRS Tax Settlement Today Call 1-877-658-3477 |
|||||||||||||
Types of IRS Tax Settlement Payment plans are available to taxpayers who currently have outstanding tax liabilities. The primary options granted to both individual taxpayers and businesses are either an offer in compromise or an instalment payment plan. Typically, instalment payment plans are granted more frequently, but both options offer advantages and disadvantages worth consideration. |
|
||||||||||||
Partial payment instalment plans involve ongoing, monthly payments to the IRS for a reduced total amount. Once the payment plan has been successfully completed, the IRS will forgive the remaining debt still outstanding. If the total debt is equal to or lesser than $25,000, a 60 month repayment plan may be available, commonly referred to as a small dollar repayment plan.
Offer in compromise refers to an agreed reduction in the total amount owed plus an ongoing instalment plan. This option is considered more aggressive, which is why it is often more time consuming and more difficult to achieve.
For more information about your IRS Tax Settlement, contact one of our tax professionals at 1-877-658-3477. Let our 27 plus years of experience go to work for you in relieving IRS Tax Settlement Stress, IRS levy pain, and IRS audit frustration. |
|||||||||||||