IRS Payment Plan: How It Works & How to Apply
October 17, 2023
The IRS payment plan, often referred to as an installment agreement or a tax payment plan, is a financial arrangement designed to assist individuals and businesses in meeting their federal tax obligations over time. This option is offered by the Internal Revenue Service (IRS) to help taxpayers who may be unable to pay their tax…
Tax Relief and Resolution: 5 Ways to Deal with Tax Debt
October 16, 2023
If you find yourself in a tax predicament, whether it’s falling behind on your taxes or grappling to pay off a tax liability, you might be wondering what solutions are available to you. Here are five resolutions that may be available for individuals who are seeking assistance with federal and state tax obligations, past due…
The IRS Partial Payment Installment Agreement: Do You Qualify?
March 15, 2023
For some debtors, paying off their tax debt in full is impossible. If a true financial hardship can be proven, the Internal Revenue Service (IRS) can permit a debtor to enter what is known as a “Partial Payment Installment Agreement” (PPIA). This is an agreement that requires the debtor to pay off a certain amount…