The IRS can be picky when making determinations to approve taxpayer’s requests for installment agreements when they owe the IRS over $10,000. If the information is not complete or the IRS believes it is inaccurate, it is very likely that they will deny the installment agreement. Below are some common reasons for denial.

Information on IRS [...]

Did you know that an installment agreement will end up costing you way more money in the long run? Many people think that applying for a payment plan with the IRS will help them save money – this is not the case. It is very important to realize that you will [...]

If you have tax problems and are looking for professional help it is important to find a reliable tax company to help. There are many companies out there that can help, large and small. Both large and small companies have their benefits. Depending on what you are looking for in a tax company and what [...]

As you know, the economy is affecting millions of people in a number of different ways. Some are losing their homes, others are losing their jobs, and many are finding it difficult to pay the taxes that they owe the IRS.
Over the past year, the IRS has run into problems with people not being able [...]

An installment agreement is one of the most common forms of paying back IRS taxes when a taxpayer cannot afford to pay in full. This payment method allows taxpayers to pay back taxes in monthly installments without being charged additional penalties.

Are you entering into an installment agreement with the IRS? If so, you are making the move that is right for you and your tax liability. With an installment agreement in place you have the chance to pay what you owe without taking a large lump sum out of your bank account.