IRS Installment Agreements - IRS Installment Payment Plans

If you are unable to pay your entire tax bill when it is due, IRS Installment Agreements can help you pay off your tax debt over a period of time in the form of an installment loan agreement. Typically, IRS Installment Agreements takes five years or less to complete. The monthly payments are based on how much you owe and how much you can afford to pay each month. The IRS may grant extensions to your installment loan agreement under certain conditions.

An Installment Loan Agreement with the IRS is a great solution for taxpayers who can afford to fully pay their tax debts if allowed to spread out the payments over several years. It is an alternative if you do not qualify for an Offer in Compromise. The IRS charges interest and an application fee when they accept tax payment by way of IRS installment payment plans, but these IRS installment payment plans can help you resolve your inability to fully pay your taxes in one payment.

The tax professionals at FSI Tax™ are ready to work with you and the IRS to devise a plan for you to fully pay your tax bill through monthly installments. Click here to complete our online contact form. A tax professional will call you within 24 hours to review your situation and explain your options.