How An Installment Agreement Works

If you're unable to pay your entire tax debt all at once, an installment agreement may be required.

Typically some type of cash flow problem made you fall behind in the first place. Because of this reality, IRS and most states have payment plans that allow you to pay your taxes over several years.

How big will your monthly payment be?

This is the obvious question. Taxpert believes you need to know the rules by which the government plays. Such knowledge makes the difference between a monthly payment you can't afford and one that is within your budget. Learn about IRS payment plans by clicking the following link:

More Information About An Installment Agreement

A Suggestion From Taxpert

It has been Taxpert's experience that most IRS and state revenue officers are competent at their jobs.

But when you are deciding whether or not to negotiate a payment plan yourself, please bear in mind that these representatives are always working in the interests of the government. They are collection officers first and foremost. Your interests are never their first priority.

So it may be in your best interests to pay a qualified tax expert to assist you in this process.