Tax Law > Installment Payment Agreement
The Internal Revenue Service (“IRS”) offers an Installment Payment Plan to taxpayers who have a tax liability, but are unable to pay the entire amount in one lump sum. To qualify for an Installment payment plan taxpayers must have:
- Filed all required tax returns
- Less than $50,000 (individuals; or less than $25,000 (businesses)
Taxpayers who qualify for the Installment Payment Plan should contact legal representation as soon as possible to begin making payments. Contact one of our attorneys today to discuss your options.