Owe More Taxes Than You Can Pay at Once? Apply for an Installment Agreement
By Taxation Solutions, Inc. on 2015-04-28
If you came out of tax season owing a huge sum in current or back taxes, you may find it difficult to pay off the balance all at once. Luckily, the IRS offers eligible taxpayers what's called an installment agreement, wherein you negotiate a more manageable monthly payment plan. Taxation Solutions, Inc. is available to help Charlotte-area individual and business taxpayers secure installment agreements to pay off large tax debts. Call or e-mail us today to learn more about whether an installment payment plan is the answer to your tax problems!
In order to qualify for an installment agreement, you must:
- Be current with estimated tax payments
- File all required tax return paperwork
Depending on your total debt balance, you may be granted up to 60 months to pay off your debt. You'll have your best chance at securing an installment agreement with skilled tax professionals by your side, which is where Taxation Solutions, Inc. comes in. We can walk you through the application process, as well as advising you on any other tax settlements that might better suit your needs. We'll help you experience tax relief.