Installment Agreement
If you are behind on your taxes, you may qualify for an IRS Installment Agreement Payment Plan.
What is an Installment Agreement?
Why Setting up an Installment Agreement is Important
It’s crucial to get an installment agreement set up as soon as possible for a few reasons.
You won’t have to pay the full amount of taxes you owe by making affordable monthly payments. Once you’re set up, the IRS will “stop their collections actions” against you. If there were any levies filed, they will be released, too.
Based on your financial documents and information we request from you, Ace Plus Tax Resolution will obtain the best possible payment plan that is most affordable for you.
We can draw out an IRS payment plan that works best for you. You won’t have to pay the entire amount of back taxes all at once. We work with the IRS to minimize the penalties and interest, so you’re left with fair, affordable monthly payments.
How We Help
If you qualify, we will negotiate with the IRS to set up an affordable payment plan called the “Partial Payment” Installment Agreement. If you qualify for this plan, we can set up an agreement with the IRS to pay “reduced” monthly payments. Then, if you are unable to pay off the entire balance within the allowed period, any balance left at the end of the term is forgiven and written off. We have been successful in negotiating Partial Payment Installment Agreements in countless cases.
Not everyone is eligible for this payment plan tool. However, setting up a successful Agreement can be a huge benefit for the taxpayer, saving a substantial amount of back taxes.
It is wise to seek help from a Certified tax professional, as they will negotiate with the IRS in your best interest, and complete the required steps to enter into the agreement with the IRS.
To know which option is the best for you, contact our tax professionals at Ace Plus Tax Resolution. All cases are different, and we can help determine which option is the best for you. We’re the best at handling this process and will get the best possible deal with the IRS for you. Contact us now!
Questions? 24-hour live representative is available!
Get the answers to your tax relief questions by calling Ace Plus Tax Resolution now.
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Telephone No.(213) 600-7388
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