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Installment payment plan
dealing with the IRS |
| Installment payment plans | |
| If a taxpayer is unable to pay the
taxes due in a short period of time, a longer-term installment plan is often negotiated by
a tax professional with the IRS. While results can vary widely, and differ greatly depending upon the type of tax due, and whether the taxpayer is a business or individual, the monthly payment is based more on ability to pay, and less on the actual tax due. |
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| Copyright © 1997 Gill &
Company, CPAs. All rights reserved. Revised: September 29, 1997. |