IRS Payment Plans
Cerritos Debt Relief Attorney – Call (888) 256-8581
Have you fallen behind on your taxes and are facing potential wage garnishments,
liens by the Internal Revenue Service (IRS)? Depending on your specific circumstances,
you may eligible to pursue an IRS payment plan which allows you to repay
your debts in smaller monthly installments at a pace that fits your needs.
At RJB Law Offices, our Cerritos debt relief attorneys have more than
20 years of experience helping individuals and businesses pursue much-needed
relief from their tax debts and can guide you towards financial security.
Why choose RJB Law Offices? Consider the following:
Get in touch with us today to take the first step towards the relief you need.
Qualifying for an IRS Payment Plan
Individuals and businesses who automatically qualify for IRS payment plans include:
- Individuals who owe $50,000 or less and have filed all required returns
- Businesses that owe $25,000 or less and have filed all required returns
Those who do not meet the above criteria may still be able to pursue an
installment payment plan on a case-by-case basis by completing and mailing
IRS Forms 9465 and 433-F. Those who are approved and faithfully adhere
to the terms of their repayment plan are oftentimes able to reduce or
eliminate the payment of fines or interest, as well as waiving the fee
of setting up the agreement. With that being said, there are numerous
conditions associated with IRS payment plans that must be considered in
order to avoid default.
When entering into a payment plan, you agree to the following terms:
- Any future tax refunds will be applied to your repayment plan until you
have paid back the entire amount of your owed debts.
- You must make at least the minimum monthly payment as it is due
- You must include your name, address, SSN, phone number, tax year, and return
type on your payments
- All tax returns must be filed on time, and all payments must be made in
full and on time
- All scheduled payments must be made, regardless of whether your refund
is applied to your account balance
Get in Touch with our Glendale Tax Lawyers Today
At RJB Law Offices, our Glendale tax attorneys understand just how crippling
tax debt can be and are willing to make every effort to help you find
a solution to your tax issues. From pursuing a repayment plan to exploring
other options such as
bankruptcy, we can help you
solve any IRS problem
and guide you step by step towards a secure and debt-free future.
Fill out an online form
or call our office today at (888) 256-8581 to find out more about how
we can assist you.