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Installment Payment Agreements

Installment payment agreements with the IRS are associated with strict guidelines. They are also suited for taxpayers who have accumulated tax debt but have not paid what is owed. If you can avoid the tax repayment game, you will be in a better financial position. Whatever you do next, you must be quick in deciding about it. You should be legally informed so you can be sure that you will get fair terms to repay the tax debt.

Are You Eligible for Installment Payment Agreements?

As mentioned earlier, the IRS has set rigid guidelines for payment eligibility. These are the guidelines that can make you eligible for installment payment agreements:

  • You do not qualify for a streamline installment payment agreement if the tax exceeds a certain amount
  • You have to commit to the debt
  • Your income tax returns should be filed and valid.
  • You have to submit all the paperwork and meet the deadline for the application.

Now, if you have managed to get an installment payment agreement, you are not off the hook from the IRS. You need to pay all tax payments when they are due and in full. The IRS will make all the rules until you have paid off your tax debt. They will intercept any tax refunds using an approach similar to the Federal Treasury Offset program. When that happens, your tax refund will be seized and be used for your debt. If they feel that you are not taking the agreement seriously They may file a federal tax lien on your property until you have completely paid off your tax debt through the installation program.

What if You Have Been Denied?

Of course there several reasons you might be denied for an installment payment agreement. If you are ineligible, you need to get an attorney to help you out. Our tax attorneys at the Enterprise Consultants Group will help you find the best options to reduce your tax debt including negotiating your instalment payment plan. If you opted not to contact a tax attorney, you would never have the chance to discover all possible options that you have to reduce your order or establish a highly beneficial installment payment plan.

Do not waste your time. Consult with one of the tax advocates at Enterprise Consultants Group today to help you get an installment payment agreement: (800) 575-9284.

Client Reviews
★★★★★
For some unknown reason, I neglected to file my income taxes for several years. With that, I ended up getting notices from the IRS. I had no knowledge on how to deal with the IRS, so I contacted Enterprise Consultants Group as recommended by a colleague of mine. The firm’s tax attorneys helped me get a good deal. My funds are back. Thanks, Enterprise Consultants Group. Edward Nigel
★★★★★
Before we started working with Enterprise Consultants Group, our company owed $100,000 in past taxes. But the tax attorneys at the Enterprise Consultants Group dealt with the IRS on our behalf. Because of that, we settled our debt for $10,000. The total cost we paid to our tax attorneys was less than the original due. Thank you Enterprise Consultants Group for alleviating our heavy burden Mary
★★★★★
Enterprise Consultants Group has outstanding attorneys. They kept me informed promptly. They we’re not in a hurry to settle our case just to get their fees. They did what they could to get me the best settlement I deserved. I would recommend them to any person who needs help with his tax problems. Sheila
★★★★★
My business received letters from the IRS indicating that they had opened and audit. In know I needed help but I was reluctant. I Google searched and found Enterprise Consultants Group, then called for a free consultation. I was impressed with professionalism knowledge of the consultant that I spoke to so I hired them for my business. During the audit period they were always available to answer my questions. I feel that they handled things efficiently and I'm very happy with the end result. C. Bell
★★★★★
After my divorce I was left with a heavy tax debt of over $250,000. To make matters worse I was broke and feared that my wages were going to get garnished. I called Enterprise Consultants Group after seeing a TV ad and they quickly got work with resolving my issue. They settled my tax debt for $3500. I quickly borrowed that amount from family and paid it off. Now that I'm tax debt free, my stress level has come down and I'm doing much better with my finances. B. Davis
★★★★★
The Advocates at ECG helped me clean up a huge mess that another tax firm created. They honestly exceeded my expectations. Now ECG continues to file my taxes every year. I am thankful to have found a firm that I can trust with my taxes. J. Flowers