Guaranteed Installment Agreement
Your request for an IRS installment agreement cannot be turned down if the tax you owe is not more than $10,000 and all three of the following apply.
- During the past 5 tax years, you (and your spouse if filing a joint return) have timely filed all income tax returns and paid any income tax due, and have not entered into an IRS installment agreement for payment of income tax.
- The IRS determines that you cannot pay the tax owed in full when it is due and you give the IRS any information needed to make that determination.
- You agree to pay the full amount you owe within 3 years and to comply with the tax laws while the agreement is in effect.
Payment methods & application fee: You can make payments by check, money order, credit card, or payroll deduction for an application fee of $105, or by electronic funds withdrawal for a fee of $52. You may qualify for a reduced fee of $43 in your income is below a certain level.
Payment Terms: Reasonable monthly payments may be requested and generally you can have up to 60 months to pay.
Learn About Our Other Services:
- Offer-In-Compromise
- IRS Audit Representation
- IRS Levy and Seizure Prevention
- Income Tax Installment Agreement
- Payroll Tax Settlement
- Sales Tax Liabilty Assistance
- IRS Lien Release
- IRS Penalty Abatement
- Back Tax Return Preparation
- Amended Tax Return Preparation
- Wage Garnishment
Give us a call today at (804) 204-1040 or send us an email.