Installment Agreements with the IRS
Making an Installment Agreement Work for You
If you find yourself unable to pay your tax bill in full, one of the options that may be available to you is that of an Installment Agreement. This allows you to gradually pay off the overdue amount by way of monthly payments. Having this agreement officially in place with the IRS prevents them from taking further collection action. This relieves you from having to worry about such threats as wage garnishment or the seizure of your assets.
An Orlando IRS tax relief lawyer can help you to pursue an Installment Agreement which is acceptable to both the IRS and to you. Depending on the amount of tax owed, a lien may in some cases be filed as part of the terms of an Installment Agreement. Even when implementing such an agreement, the IRS does not cease to operate per its purpose to collect as much tax as possible. Without legal representation, therefore, you may find yourself burdened by terms which you are not actually able to maintain. If you default on the Installment Agreement, the severe collection tactics of the IRS resume.
Orlando IRS Tax Relief Attorney
As it is vital to have an affordable Installment Agreement established from the beginning, Attorney Brian Loughrin will personally work with your case and the IRS. As a Certified Member of the Tax Freedom Institute, he is persistent in working for the best possible results for the circumstances. The IRS will continue to target you for collection action and will not be deterred from this without a skillful address of the situation giving an official resolution. Let us use our extensive experience to your benefit as we fight for your rights as a taxpayer and citizen.
If you are unable to pay your tax debt in full, contact an Orlando IRS tax relief lawyer regarding an Installment Agreement.