IRS Payment Plans
Overcome Your Debts with a Glendale Tax Attorney
When considering the generally sluggish economy and substantial increase in personal debt that has plagued the nation throughout most of the past decade, many individuals have found themselves unable to pay back their tax debts. If you are struggling to make ends meet and are feeling pressured by the Internal Revenue Service (IRS) over your overdue taxes, you may be able to pursue a payment plan which will allow you to pay back your owed sum in smaller monthly installments without wage garnishments, levies, or other damaging collection actions.
At RJB Law Offices, our Glendale debt relief lawyers have been helping individuals solve their tax struggles for more than 20 years and can provide the skilled guidance you need to pursue a fair solution for your situation. With personalized counsel and a dedication to keeping you thoroughly informed of your case at all times, we can help you get back in good graces with the IRS and move forward towards a debt-free future.
Do not let your debts drag you down any longer. Call (888) 722-4046 today to get started.
How Do IRS Payment Plans Work?
The IRS offers payment plans to individuals who owe $50,000 or less and businesses that owe $25,000 or less and have filed all required returns. In some cases, however, businesses and individuals who do not meet these criteria may still be allowed to make installment payments on a case-by-case basis. By strictly adhering to the terms of a repayment plan, debtors can pay back their debts at their own pace and sometimes reduce or even eliminate the payment of penalties and interest, as well as avoid the fee associated with setting up the agreement. However, there are several conditions tied to these agreements that must be considered to avoid default.
All of the following conditions apply under an IRS payment plan:
- Future refunds will be automatically applied to your payment plan until your entire tax debt has been paid
- You must make at least the minimum payment every month when it is due
- Your name, address, social security number, phone number, tax year, and return type must be included on your payments
- All tax returns must be filed on time and all taxes must be paid in full
- Make all scheduled payments
Contact a Glendale Tax Attorney and Apply Today
At RJB Law Offices, we fully understand the crushing burden tax debt can place on the shoulders of a person and their family, and we are here to do everything within our power to help you achieve the relief you need. Having garnered an intimate understanding of both state and federal tax laws throughout our firm’s lengthy existence, our Glendale tax lawyers have the knowledge and skills to negotiate with the IRS on your behalf and pursue an effective solution that fits your needs. Guarding your best interests is our top priority, and we are prepared to go the distance to help you get out from under your debt.
Fill out an online form today to take control of your financial situation.