If tax season has come and gone, leaving you unable to pay what you owe to the IRS, you might feel like all hope is lost. However, in cases such as these, the government may allow you to negotiate a payment plan that will break your total tax debt into smaller monthly installments.
An installment agreement can make a large lump sum much more manageable, allowing you to become IRS compliant without destroying your personal or business finances. But you’ll need professional help to negotiate this tax settlement. In and around Raleigh, you can count on the experienced pros at Taxation Solutions, Inc. for installment agreement negotiation. We’ve got your best interests at heart!
In order to present the best possible installment agreement petition to the tax authorities, we’ll take a close look at your finances. We’ll assess your income and expenses to determine how much you can reasonably be expected to pay to the IRS each month. An installment payment plan is designed to help you pay what you owe in a timely fashion—usually up to 60 months—while avoiding severe financial hardship. Coming up with the right monthly payment amount can be a delicate balancing act. You can count on Taxation Solutions, Inc. to have the knowledge and skill to make the best possible recommendations and present your best case.
For more, and to book your appointment, call now. We are standing by to help you secure the right tax settlement or installment plan for your specific situation.