Installment Agreement
Has the IRS contacted you?
If so, it’s time to take action. You don’t want to ignore the IRS and risk having your wages garnished or bank accounts seized. We can help you set up an installment agreement with the IRS that will allow you to pay your debt in smaller, more manageable amounts over a period of time. This solution is often a better option than paying all of your taxes at once because it allows for more flexibility and lower monthly payments. It also may reduce the interest and penalties charged on the unpaid tax debt, which means less money out-of-pocket for you. Let us help protect your assets from a seizure while we negotiate with the IRS on your behalf. This agreement allows you to pay your full debt in smaller, more manageable amounts. Installment agreements generally require equal monthly payments. The amount of your installment payments and the number you make will be based on the amount you owe and your ability to pay that amount within the time we can legally collect payment from you. You should be aware, however, that an installment agreement is more costly than paying all the taxes you owe now. As with most revolving credit arrangements the IRS charges interest and penalties on the unpaid portion of the debt. If you want to pay off your tax debt through an installment agreement, contact the law Office of Attorney Melvyn R. Burrow today. |