We’ve Helped 10,000+
Truckers Get Tax Relief

Tax resolution and tax relief services can be extremely beneficial to taxpayers who have serious tax problems. Our partnered tax team services many different IRS and state tax problems, and offers a free, no strings attached consultation and tax analysis to begin the resolution process.

Free Consultation

The free consult with a tax resolution representative is available to any taxpayer (individual or business) who is experiencing IRS or state tax problems. The consultation typically lasts from 30 minutes to an hour. During the consultation, you will provide our team with information about your tax and financial situation. Once your tax situation is better understood, you will be told more about the services available to you and given an overview of how the tax relief process works. You will also receive a cost estimate of the proposed service and be given the option – under no pressure – to utilize our professional services if you so choose.

Once You Decide to Move Forward With the Tax Relief Service

If you d o decide to resolve your tax problem with the assistance of our partners, you will need to sign a power of attorney form, which will authorize a tax professional to pull a record of account from the IRS for all past years in order to see what your tax situ ation actually looks from the viewpoint of the IRS. Power of attorney also allows our partner team to represent you in all future IRS correspondence regarding your current tax problem so that you don’t have to. The same process will be pursued based upon t he rules and regulations of your state if you are experiencing a state tax issue. Next, you will be assigned to a tax team. Each tax team is comprised of tax professionals who have a variety of backgrounds. The diverse team is able to strategize collective ly to determine the most effective way to approach your situation and to ensure success with the IRS. After this is taken care of, the tax resolution process will begin.

Tax Resolution Process

The resolution process will begin by making sure that all of yo ur tax filings are in compliance with the IRS and/or state if they are currently not. In order to resolve tax problems, all tax returns must be filed and up - to - date. Once those filings have been completed, a tax team will seek out the best method to resolve your tax problems (rerepayment plans, offer in compromise, innocent spouse relief, Fines Abatement, audit assistance, etc.). A tax team will select the resolution method that they feel has the highest chance of being accepted by the IRS/and or st ate, while giving you peace of mind that you won’t be paying more than you can afford. The tax team will then make all of the required filings to obtain the resolution method that you've both agreed is best for you. The process will take some time and tax professionals will handle all of the dealings necessary to ensure that the filing is accepted.

Tax Relief

Once your filing has been accepted and a resolution method set up, you will be back in good standing – or at least back on the road to compliance – wi th the IRS or your state. Your tax status will remain in good standing as long as you remain current and in compliance with future IRS rules. Our partner team will also advise you on ways to ensure that you remain in good standing with the IRS and offer ti ps on how to avoid falling into the same pitfalls that you have fallen into in the past.
It is important to make the right decision when choosing the right tax resolution firm to help you handle your tax problems. We are confident that you will be pleased with the services presented to you by our expert partners. Take advantage of our free consultation and talk with a tax representative today.

Wage Garnishment: The IRS and states can garnish yo ur wages so that you receive less than usual in terms of your paycheck at work. They can also issue 1099 levies for contractors who have clients that need to pay them.. With no action, the IRS and many states will continue to garnish wages until either the ta x liabilities are paid off or the time clock for collecting the tax expires (generally with the IRS it is ten years). Fortunately, a trusted tax firm can remove or reduce wage garnishment in most cases.

Bank Levy: The IRS and many states can also issue a bank levy. As a result, funds are frozen, and you have 21 days until the IRS takes the money. Most states issue "standing" bank levies which means new deposits are affected. An IRS bank levy that the IRS issues will not affect bank deposits after the fact, however, the IRS can initiate another bank levy again.

Property Seizure: Generally rarer, the IRS and many states can seize property. It can includes houses, cars, boats, land and other assets to satisfy past due tax liabilit ies. Moreover, they can also levy retirement accounts, rental income, life insurance, and more.

Passports Suspension/Revocation: Seriously delinquent IRS taxpayers or taxpayers owing more than $51,000 can have their current passport revoked. Furthermore, certain taxpayers can receive a denial when renewing or requesting a new passport.

Tax Liens: The IRS and States can also file a tax lien which becomes public on your credit report and will impact your ability to obtain credit.

Various State Licenses Revoked or Not Renewed: Various states will suspend or not renew certain types of licenses. It includes driver licenses, occupational and professional licenses, hunting and fishing licenses, business licenses, and more.

Tax reduction is possible, but it is not an option for everyone. Being able to reduce your tax balance is determined mainly by the taxpayer's ability to pay, future ability to pay, the situation that caused the liability, errors made by the taxpayer or possible mistakes made by the taxation authorities. Below are some methods that may be used to reduce your tax balance.

Offer in Compromise: This method allows taxpayers to pay far less than their tax balance if they meet the strict guidelines and complete the paperwork 100% correctly.

Partial Payment Installment Agreement: Allows the taxpayer to make small monthly payments towards the tax balance. The IRS may forgive tax liabilities if it is not all paid back before the Collection Statute Expiration Date (CSED).

Uncollectible/Hardship: The taxing authorities can stop collection actions until the taxpayer's financial situation improves. The tax may be forgiven if their financial situation doesn't improve before the statute expires.

Fines Abatement: If the taxpayer has an acceptable reason for not staying in compliance with tax laws, there is a possibility that the IRS and some states may waive fines that accrued.

Amending tax returns: Many situations come up where the taxpayer may have made errors with prior filings, or taxation authorities filed on their behalf (SFR) which caused them to have a larger tax balance than if the taxpayer had filed their tax return. In these situations, an amended tax return can lower outstanding tax liabilities if accepted.

Beware of tax companies that promise they can reduce your tax balance because there is no way of them knowing for sure before knowing your total tax and financial situation.

Complex Tax Code

The average Taxpayer will not have knowledge of all of the complex IRS Tax laws and codes. Tax professionals/individuals who went to school for years to learn IRS Tax codes and procedures know better. These skilled professionals in a Tax Firm’s team include tax attorneys, CPAs, enrolled agents, tax lawyers, Accountants, and Expert Tax Professionals all trained to deal with IRS issues.

IRS Power of Attorney Representation

Through IRS power of attorney representation tax professionals can handle the IRS on your behalf. This can quickly cut down your stress by stopping harassing phone calls or visits to the IRS. Your tax professional can handle all communications and IRS dealings on your behalf. Tax professionals understand the tactics and they will not crack under pressure and go for an agreement that doesn’t fit your needs. Having someone on your side that isn’t emotionally attached to the tax problem is a great thing and can lead to much better outcomes than the average taxpayer could get on their own.

Better Tax Resolution Outcome

A qualified professional will analyze your entire financial situation to make the right choices for you. When you are working on your own, it’s hard to know all the tax laws and loopholes that will ensure you make the right choices with your IRS tax liabilities.

Save Time and Prevent Further Fines and Interest

Tax Professionals save you time. People in busy professions like doctors often hire tax professionals to handle their cases on their behalf.

Good Tax Relief Professionals Are Not Expensive

A good IRS tax professional network should not be expensive, charge retainer fees, and have a diverse team of tax professionals. Typically, the average cost to the taxpayer for a resolution is minimal compared to what can be saved.

Working with the IRS is notoriously difficult. If you make just one small mistake, you risk owing money to the IRS than when you started. If there’s a tax bill you cannot pay, it’s best to seek the help of a Tax Professional. Use the form to the right or contact us today for a free tax analysis.

Types of Tax Professionals

There are three main types of professionals when dealing with back taxes issues. These are tax attorneys, CPAs (certified public accountant), and enrolled agents.

Tax Attorney/Tax Relief Lawyer

Tax attorneys are lawyers who deal with the complex and technical field of tax law. A tax attorney is a good option if there is a large amount of money involved, typically $15,000 and up, and you are going to court for tax related issues or the IRS has accused you of tax fraud. Tax attorneys are best to use when dealing with complex tax law and technical tax issues.

CPA (Certified Public Accountant)

CPAs are state licensed tax professionals. CPAs deal mainly with technical accounting and auditing.

Enrolled Agent

An enrolled agent is a tax advisor and tax-preparer who is specifically licensed to practice before the IRS. On average, an enrolled agent is the most experienced professional to work with in dealing with the IRS, and they are also typically the least expensive to hire.

Depending on your tax needs, our partners are comprised of CPAs, former IRS agents, Tax Attorneys, and more, and can be utilized depending on your specific state and tax problem.

CP11 – Changes to Tax Return

This notice is sent to a taxpayer to show that there was a change made to the tax return and that change resulted in a balance being due to the IRS.

A CP 11 notice is meant to tell you that changes were made to your return during processing. This has led to a balance being due on your account. The IRS sends this as a first reminder of a balance due.

CP-22A – Data Processing Adjustment Notices, Balance Due of $5 or More

This letter is sent to a taxpayer when a data processing adjustment has resulted in a balance being due on the account.

The CP-22A notice is sent to a taxpayer when a data processing adjustment has resulted in a balance being due on the account.

CP-22E – Examination Adjustment Notice, Balance Due

This notice is sent when an exam tax adjustment was made to your account which resulted in a balance of $5 or more.
The CP-22E notice is sent when an exam tax adjustment was made to your account which resulted in a balance of $5 or more.

CP 23 – Estimated Tax Discrepancy, Balance Due

If you receive this letter from the IRS it is to tell you that there is a difference between the amount of money posted to your account and the amount of Estimated Tax Payments that were claimed on your tax return.
If you receive a CP 23 notice it is to tell you that there is a difference between the amount of money posted to your account and the amount of Estimated Tax Payments that were claimed on your tax return. The IRS may also notify you of corrections that were made. Lastly, a CP 23 will notify you of the balance that is currently due.

CP 88 – Delinquent Return Refund Hold

The IRS has the right to hold your refund. This notice is sent to tell you that your refund is being held because you did not file a tax return in a previous year. Even if you are due a refund, you are not entitled to receive it until you have filed all necessary returns.

The IRS has the right to hold your refund. A CP 88 notice is sent to tell you that your refund is being held because you did not file a tax return in a previous year. Even if you are due a refund, you are not entitled to receive it until you have filed all necessary returns.

CP 90/CP 297/CP 297A – Notice of Levy /& Notice of Your Right to a Hearing

This letter is sent to let you know of the intent to levy federal payments that are due to you. This can include a salary, Social Security benefits, or OPM retirement benefits. There are also other items that are subject to levy and can be included in a CP 90/CP 297 notice such as real estate, bank accounts, car, business assets, commissions, and wages.
A CP 90/CP 297 notice is sent to let you know of the intent to levy federal payments that are due to you. This can include a salary, Social Security benefits, or OPM retirement benefits. There are also other items that are subject to levy and can be included in a CP 90/CP 297 notice such as real estate, bank accounts, car, business assets, commissions, and wages.
The CP 297A is more serious than the CP 90/CP 297 as it is the notice that says a levy has been issued on such things as contractor payments if operate a business, employee travel costs, Federal reimbursements and retirement funds.

CP 91/ CP 298 – Final Notice Before Levy on Social Security Benefits

This notice is sent to inform the taxpayer that the IRS intends to levy their social security benefits. If the right actions are not taken the IRS will take up to 15% of social security benefits that the taxpayer receives.
A CP 91 or CP 298 notice is sent to let you know that the IRS plans on placing a levy on 15 percent of your social security benefits due to an outstanding balance on your account.

CP 161 – Request for Payment or Notice of Unpaid Balance, Balance Due

This notice shows underpaid taxes. You will also be sent details on how much tax you reported paying, as well as any credits that have been applied to your account.
Many people believe that a CP 161 notice is sent to notify them of a math error; this is not true. This notice shows underpaid taxes. You will also be sent details on how much tax you reported paying, as well as any credits that have been applied to your account.

CP 14 – Balance Due

This notice is sent to a taxpayer to show the amount of underpaid tax or a balance. There is a section on the form that details the tax you reported, the credits that were applied, and the amount of the underpayment.
A CP 14 notice is sent to a taxpayer to show the amount of underpaid tax for a certain year indicated according to IRS records. Usually, 60 days after you file your tax return with a balance, you will receive this letter which details the tax you reported, credits, and the resulting underpayment.

CP 501 – Reminder Notice, Balance Due

This IRS letter is one of the most simple and straightforward and typically follows CP-14. This is sent to notify you of a balance due. This is the second notice that the IRS sends to let you know about the tax blance you have..

A CP 501 notice is one of the most simple and straightforward letters. This is sent to notify you of a balance due. This is the first notice that the IRS sends to let you know about the tax blance you have..

CP 503 – Second Request Notice, Balance Due

This notice is sent to inform you that a balance is due on your account. It is the second request notice that is sent by the IRS for an unpaid balance. If you receive a CP 503 notice, in most cases it means that you did not respond to the CP 501 or take the proper action.
A CP 503 is sent to inform you that a balance is due on your account and that you have ten days to pay the balance due. It is the third request notice that is sent by the IRS for an unpaid balance. The notice you received before this is likely the CP 501 notice. If you receive a CP 503 notice it means that you did not respond to the first one or take the proper action.

CP 504 – Final Notice, Balance Due

This letter is a final notice of a balance that is due on your account. This is usually the fourth notice that is sent, and will tell you that a levy will be issued against your state tax refund. It may also include details stating that the IRS plans to search for other assets on which a levy can be placed. Additionally, a Federal Tax Lien may also be filed if you do not pay at once.
The CP 504 is a final notice of a balance that is due on your account. This is usually the fourth notice that is sent, and will tell you that a levy will be issued against your state tax refund. It may also include details stating that the IRS plans to search for other assets on which a levy can be placed. Additionally, a Federal Tax Lien may also be filed if you do not pay at once.

LT 11 or L 1058 – Final Notice of Intent to Levy

This formal letter is normally sent a few weeks after you fail to respond and address CP 504 by paying the tax balance or by setting up a payment agreement with the IRS. It can be from an IRS office in the area. Typically, you have 30 days (from the data of the letter) to resolve the situation before the IRS levies your bank account(s), wages, and other assets.
IRS Letter 1058 or L 1058 / LT 11 is a final notice from the Internal Revenue Service (sent certified) letting you know that you still have a balance and if you do not resolve it then they will attempt to levy your wages, bank account, and/or other assets within 30 days. This letter is more formal than other notices and will tell you that the IRS will also be searching for other assets you have that they can levy. Normally, a CP 504 precedes this letter.

CP 523 – Notice of Default on Installment Agreement

When you set up an installment agreement with the IRS you promise to pay a particular amount of money every month. A CP 523 notice is sent if the IRS is going to cancel your installment agreement. It will include information for the reason of termination. Common reasons include: you missed a payment, you did not file your tax return, and/or you have added a new balance due to the IRS.
When you set up an installment agreement with the IRS you promise to pay a particular amount of money every month. A CP 523 notice is sent if the IRS is going to cancel or terminate your installment agreement. It will include information for the reason of termination. Common reasons include: you missed a payment, you did not file a tax return, and/or you have added a new balance due to the IRS.

What Is a Tax Lien?

A Tax Lien is the first major step the IRS takes against individuals in order to collect back taxes. A Tax Lien gives the IRS a legal claim to your property as security or payment for your tax liabilities. It is used in order to protect the government’s interest in your assets.

When and Why is a Tax Lien Filed?

If you have unpaid back taxes and have not cooperated with the demands of the IRS to make the payments of the tax amount due, it is likely that eventually you will receive a tax lien, which will then lead to a tax levy. Recently, the IRS will raise the tax balance threshold for issuing tax liens in most cases from $5,000 to $10,000 (policy change announced in 2011) largely due to the fact that tax liens can hurt taxpayers further and lessen their likelihood of getting into compliance with the IRS.

Here is how the process works. The IRS will first send you a letter with an assessment of your tax liability. This letter will typically state the amount that is unpaid as well as late payment fine and interest. If the assessment letter is ignored, the IRS will follow up with four more letters, CP-501, CP-CP-503, CP-504, and finally LT11/L1058 in most cases. These letters will get more and more threatening as the numbers get higher. The final one of the CP letters mentions it’s intent to levy. After these letters are sent to the taxpayer and there is no response or the tax amount is not paid, the IRS determines that they are not able to collect the tax the conventional way, so the IRS will then file a Notice of Federal Tax Lien (NFTL) and potentially move forward with a levy. Once you receive this tax lien, the lien has already been attached to your property. The purpose of the tax lien is to prevent you from selling or borrowing against any of the major assets that you own. With a tax lien in place, it gives legal claim to the IRS over that piece of property that the lien was placed and removes your rights to the property. Moreover, tax liens are public records.

Effects of a Tax Lien

A tax lien makes it very difficult to get any credit to make additional large purchases, such as a boat, car, or house. Having a lien placed on you by the IRS can be financially crippling for the time it is in place, it pretty much means you can’t hold any assets in your name and you have to rely on other people for financing (as lien is on your credit too). All creditors would be notified including your mortgage company. A tax lien will stay in place as long as the IRS can legally enforce action against you (typically 10 years statute of limitations), or until your tax liabilities have been resolved with the IRS. The IRS becomes the highest priority creditor, so if you sold your house, car, or whatever property the lien was one and you had other liens on that property, the IRS would be the first to be paid.
If you do nothing about the tax lien, the IRS will eventually begin to seize your assets and sell them at a public or private sale. Once the IRS actually starts seizing your assets to satisfy the back tax liability, this is known as a tax levy. A tax levy is the most lethal weapon that the IRS possesses for collecting taxes.
One thing to note, is even when a tax lien is “released,” and your public records are updated as showing the tax lien was released, the history or the fact that you received a tax lien the first place may still hinder your ability to borrow, get a job, rent a house and so forth. The IRS in February of 2011 announced policy changes, whereby in most cases tax lien can be withdrawn or expunged from public records if the taxpayer sets up a direct debit installment agreement (DDIA), has one already setup (they can just request to have lien withdrawn), and has a balance of $25,000 or less. Of course, exceptions do happen.

How to Release a Tax Lien

Request a Free Tax Analysis & Consult Get Started An IRS tax lien will remain in place until you pay off the tax balance, prove financial hardship, or until the IRS has levied enough of your assets to call it even. With just a tax lien, the IRS cannot take assets, but they will eventually place a levy on your assets if no action is taken when a tax lien is given. A tax levy is highly likely if you do not resolve your taxes after the lien is placed. A lien ensures that the IRS has a legal claim on your property so you cannot sell or dispose of property without the IRS taking its share first.
Recently in February of 2011, the IRS announced policy changes whereby they would increase the threshold for when a tax lien is issued. Moreover, they will even withdraw tax liens in most cases if the tax balance is less than $25k and setup an IRS Installment Agreement with a direct debit monthly payment.

What to Do if the IRS Files a Tax Lien in Error

The IRS occasionally files a tax lien notice when you don’t have a tax balance. Perhaps you paid your bill late, and the IRS neglected to update your account. If this happens, under the Taxpayer’s Bill of Rights you are entitled to a “Certificate of Release.” The “Certificate of Release” will state that the lien was filed in error. It will then be your job to mail or deliver photocopies of the release to the three credit bureaus- Experian, TransUnion, and Equifax. This will minimize the damage to your credit rating caused by the IRS error.

Notice of Federal Tax Lien: What This Letter Means & What to Do

If the IRS has sent you a Notice of Federal Tax Lien, the worst thing that you can do is ignore it. A Notice of Federal Tax Lien should be taken very seriously. There are many things that can happen as a result of receiving a Notice of Federal Tax Lien, and if you are not aware of what this letter means for you, how to address it and what the consequences of it may be, you will likely worsen your situation.

The average owner of a small business typically reports a loss in their first year of operation. But when the IRS steps in, many first-timers do not even stand a chance. It is important to stay one step ahead of the game when it comes to obeying Tax Laws. Small Business owners need to make sure they avoid the common problems Small Businesses run into with the IRS.

Payroll 941 fine

Failing to withhold payroll taxes is the fast track to trouble with the IRS (consequences of not withholding payroll taxes). The fine for this equals the amount of the taxes that are due. It is called the 100% Payroll fine or “Trust Fund Recovery.” The results of this mishap can be devastating for any Small Business regardless of how successful they are. If you are having issues with payroll taxes, it is possible to resolve these types of taxes, but it may not be easy.

Classifying Workers

It is a little tricky, but it is important to properly classify your Small Business workers. The two classifications are “Employees” and “Independent Contractors.” If Employees are misclassified as Independent Contractors, they would avoid Tax Reporting. This is the same as stealing from the IRS, and the punishments imposed for this are not light. Form 22-8 “Determination of Employee Work Status for Purposes of Federal Income Tax Withholding” will help you determine the important differences between an “Employee” and an “Independent Contractor.”

Overstating Deductions

Knowing and taking advantage of Tax Credits is important if you want your Small Business to survive and thrive. But you can only deduct the cost of items you use for work. This means no deducting expensive vacations, limo rides, or new editions to your house. The deductions you claim must be reasonable and responsible. Additionally, you have to be ready to prove the deducted items are used for work. If a taxpayer is caught making false deductions, the consequences can be serious. Do not get greedy when it comes to the IRS.
With proper planning and understanding, you can beat the IRS and avoid the Common Problems Small Businesses Encounter. Don’t forget that although there are many issues that come with owning a small business, there are also a few advantages. Do not overlook valuable Tax Credits. Practically everything purchased that goes towards operating your business is Tax Deductible. This means everything from pens and notepads to ovens, delivery trucks, computers, and more.
If you are in need of business tax relief call or fill out the form to connect with IRS and State tax professionals that can help you resolve business tax problem.

Being a small business owner is a liberating experience. But with the freedom, comes responsibility. It’s imperative to pay the IRS on time. You must make Business Payroll Taxes a priority. Many are not aware of it, but this can make or break your Small Business. It’s important to know the consequences of being Delinquent on Business Payroll Taxes so you don’t make a deadly mistake with your Business finances.

When you neglect to pay Business Payroll Taxes on time you will receive a warning from the IRS. If the issue is not resolved in a timely manner, there are several consequences that can become reality:

• The IRS imposes a very harsh fine when Business Payroll Taxes are not paid. The fine is 100% of the tax balance. This is called “Trust Fund Recovery.” Remember, when your Payroll Tax obligations are not met you are breaking a binding contract you have with the United States Government.
• IRC Section 6672(a) states that the blame for not paying Business Payroll Taxes goes to “every responsible person” who willfully neglected to pay the payroll taxes. This means Accountants, Bookkeepers, and anyone with check signing ability can get the blame for the unpaid taxes.
• Even if there was no bad motive involved, the expensive “Trust Fund Recovery” fine is imposed. For example, some Business owners fail to pay their Payroll Taxes out of desperation. They may have been trying to save the company from Bankruptcy or protect their employees. But the reasons why you are delinquent are irrelevant; fines and interest will still be imposed.

According to the IRS’s official website thousands of taxpayers have outstanding Trust Fund Recovery fines as a consequence of being delinquent on Business Payroll Taxes. The amount of money is in the billions and it is still growing. You do not want to be another number in this equation. Take care of your IRS Tax issues as soon as possible. Request a free tax consultation with no obligation.

What is a Tax Levy?

A Tax Levy is the IRS’s most lethal weapon it possesses and can be the most financially crippling. This means the IRS will actually seize your assets to satisfy your back tax liability. A tax levy can cause you to lose your checking and savings accounts, investments, IRAs, accounts receivables, inheritances due to be received, social security, pension, insurance policies, or anything else that you own that carries equity.

Effects of an IRS Levy

A tax levy will affect you more than any other IRS action. Thirty days after your receive your final intent to levy letter, the process will begin where the IRS will take action on seizing assets. To do this, the IRS sends out notices to any third parties that they believe might be paying you which includes your bank or your employer. These notices say that they must pay the IRS instead of you. When these third parties receive these notices, they will almost 100% of the time honor them because if they don’t, the IRS will hold them personally liable for the amount that they could have collected from you had they honored the notice.

Types of Tax Levies

Depending upon your financial and tax situation the IRS will make a determination of which form of levy to use. The most common form of levies are wage garnishment and bank account garnishment but will not rule out physical asset seizure if they don’t feel they can recoup the unpaid taxes through wage or bank account garnishments.

Wage Garnishment - Wage garnishment is the most common form of IRS levy. Under this form of levy, the IRS makes an individual employer subtract out a certain amount of money from each pay period to go toward unpaid taxes. Employers just about always follow the requests of the IRS to do this because if they don’t, the IRS will hold the employer liable for the tax amounts that should have been collected through the levy process.

Bank Account Levy - With a bank levy, the IRS can access your bank accounts and monitor them and take money from them in order to satisfy the taxes due. The IRS will continue to seize what money it can until they have collected enough money to cover the total balance.

Property Seizure - This is the least common levy method used by the IRS. This is typically the last resort the IRS uses with an uncooperative taxpayer. The IRS can take personal assets such as house, trailer home, boat, cars and just about anything else except for a short list of items they cannot legally take.

Social Security Garnishment or Levy - This is a less common tax levy or garnishment method utilized by the IRS compared to other levies. The IRS can garnish up to 15% of Social Security through the Automated Federal Payment Levy Program (FPLP), and manually there is no limit on what they can garnish.

Short-term Payment Plan (120 Days or Less)

If you just need a little extra time to get the money to pay your taxes, you can apply for a short-term repayment plan. You can apply for this plan online if your tax balance is $100,000..

There is no setup fee when you agree to pay the full amount within 120 days, but fines and interest will be added to your balance until the tax balance is paid off.

Guaranteed Installment Agreement

The IRS guarantees that it will accept installment agreement requests for taxpayers that meet specific criteria:

• You owe $10,000 or less in taxes (not including fines or interest).
• Your agreement provides for full payment within three years or by the CSED, whichever comes sooner.
• You have been in full tax compliance for the past five years. This also applies to your spouse if you file jointly.
• You aren’t in bankruptcy, and you have not had an IRS repayment plan during the past five years.

Setup fees range from $31 for online applications with direct debit installment payments to $225 for applications by phone, mail or in-person with non-direct debit payments. Low-income taxpayers may be able to have these fees waived or reimbursed.

Verified Financial Installment Agreement

Some taxpayers need to verify their financial situation when applying for an IRS installment agreement. You will need to complete Form 433-F to disclose your financial information and submit it with your installment agreement request on Form 9465.

You may need to verify your financials in the following circumstances:

• You owe the IRS over $100,000 (IRS generally requires you pay it down below 100k first)
• You owe over $50,000 and aren’t paying by direct debit or payroll deduction
• Your business owes the IRS over $25,000
• The IRS may ask you to liquidate assets if they have value and are liquid, to apply those funds to your outstanding tax balance before accepting your installment agreement request.

Partial Payment Installment Agreement

The IRS grants PPIAs (PPIA) in the following circumstances:

• The taxpayer has some ability to pay (so they may not be eligible for an Offer in Compromise), and
• Full payment cannot be achieved by the CSED.

In these cases, the IRS may accept an installment agreement that only pays off a part of your tax balance. You will need to submit detailed financial information before a PPIA will be accepted.

If you have any assets, the IRS may ask you to liquidate them or borrow against them. If you don’t have equity in the assets, the assets are unmarketable, or liquidation would cause economic hardship, your PPIA may be granted without requiring you to sell or borrow against the assets.

Once you reach your CSED, the IRS can’t collect payments from you. The IRS may ask you to extend the CSED in exchange for accepting your PPIA. Consult a tax professional if you need help with a PPIA.