IRS Installment Agreements
IRS Installment Agreements & Licensed CPA Representation
Facing unaffordable tax debts or aggressive collection notices? Total Tax Solutions negotiates official IRS Installment Agreements to halt enforcement actions, protect your family’s essential living budget, and establish compliant monthly payment terms.
Legal Collection Shield
Once formally approved, the IRS is prohibited from executing wage garnishments, bank levies, or asset seizures while payments remain in good standing.
Allowable Living Standards
We calculate allowable housing, transportation, and health expenses so monthly terms fit your real budget rather than IRS collection quotas.
Penalty Reduction
Entering into a formal direct debit agreement drops the failure-to-pay penalty rate by half, slowing overall balance growth.
Types of Official IRS Installment Agreements
The IRS provides several tiers for repayment plans governed by statutory parameters and verified financial capability:
Guaranteed Installment Agreements
Available for individual balances of $10,000 or less with a 5-year clean compliance record, granting up to 36 months to repay without full financial disclosures.
Streamlined Installment Agreements
For tax liabilities up to $50,000. Provides up to 72 months to repay without requiring a Notice of Federal Tax Lien or extensive Collection Information Statements.
Partial Payment Agreements (PPIA)
For taxpayers unable to satisfy full balances. We negotiate reduced monthly payments based strictly on disposable income until the Collection Statute Expiration Date.
In-Business Trust Fund Plans
Structured repayment frameworks for active operating businesses with delinquent payroll taxes (Form 941), keeping company accounts operational.
Our 3-Step Process for Establishing Payment Plans
We navigate the IRS collection bureaucracy to structure an agreement that protects your cash flow.
STEP 1
Filing & Compliance Audit
The IRS rejects payment proposals if returns are missing. We pull your master transcripts and file any delinquent unfiled taxes to ensure immediate eligibility.
STEP 2
Financial Verification
Our CPAs complete Form 433-A/B financial statements, defending your actual cost-of-living allowances against standard IRS automated algorithms.
STEP 3
Negotiation & Approval
We submit the formal petition directly to IRS revenue officers or appeals managers, locking in your approved agreement and reviewing post-plan IRS Penalty Abatement.
Frequently Asked Questions About Payment Plans
Do interest and penalties continue to accrue during an agreement?
Yes. Statutory interest and failure-to-pay penalties continue to accrue on remaining unpaid tax balances. However, entering an installment agreement cuts the monthly failure-to-pay penalty rate from 0.5% down to 0.25%.
Can the IRS revoke an approved installment agreement?
Yes. Default occurs if you miss a payment, fail to file future tax returns on time, or fail to pay new tax liabilities in full. Our team ensures your ongoing compliance parameters remain protected.
Structure an Affordable IRS Repayment Plan
Speak with a licensed tax CPA to evaluate your eligibility for streamlined or partial payment options.
Total Tax Solutions is a private, independent professional tax firm. We are not affiliated with the IRS or any government agency. Official payment plan applications can be filed directly with the IRS for free.