IRS partial Payment Plan agreement – can I get a Partial Payment agreement with the IRS?
If you do not qualify for the Offer in Compromise (OIC) program or if your OIC was rejected, the alternative is for your tax relief attorney to negotiate a traditional Installment Agreement (IA) or an IRS Partial Payment Installment Agreement (PPIA). An IA is a payment arrangement with the IRS permitting a taxpayer to pay their tax debt over time. The IA is the most widely used method in resolving unpaid tax debt and under the new Fresh Start program, the IRS has made it easier to obtain an IA. To be eligible, you must be current on all tax returns.
An additional option to obtaining tax relief is to negotiate a Partial Payment Installment Agreement. A tax attorney will negotiate with the IRS for an affordable payment plan based on what you can afford. A PPIA is a viable tax solution for those taxpayers who cannot afford the minimum monthly payments under a traditional IA nor qualify to settle their debt through the OIC program because their income is too high.
In order to properly submit an IRS payment plan, it is essential to hire a knowledgeable tax relief attorney. A tax attorney at Delia Law will file all required unfiled tax returns, assess your tax debt and negotiate the lowest possible payment plan on your behalf.
Delia Law is located in Los Angeles at 10880 Wilshire Blvd #1101. If you are experiencing tax problems with the IRS and need a tax solution, please contact Delia Law for a free consultation. You can do so by either completing our online form or by calling (310) 494-0100.