IRS Tax Installment Agreement Attorney Prairie Village, KS
Taxpayers who cannot afford to pay their back taxes in one lump sum and do not qualify for an Offer in Compromise (or Currently Non-Collectible status), can negotiate an IRS Installment Agreement. However, you need to understand one thing about this option: you and the IRS have very different agendas. They want their money, in full today. You want to pay them the least amount possible over the longest period of time. During this negotiation, the IRS holds the upper hand because they know that you have another, sometimes overriding desire: to get this put behind you as quickly as possible. This stress causes many taxpayers to agree to payments which are greater than they can afford, only to potentially result in more financial stress and potential defaults down the road. Hiring Siegel Tax Law will help assure that the process of determining what you are able to pay is as fair as possible and that the IRS abides by the laws that govern how it negotiates and collects on the debts owed to them.