The IRS has announced that it is currently experimenting with expanded criteria for streamlined processing of taxpayer requests for installment agreements. Among the expanded criteria for streamlined processing are individual taxpayers with an outstanding tax balance between $50,000 and $100,000 that request an installment agreement that will pay off their balance in 84 months or less.
The IRS will provide information regarding additional expanded criteria in the coming weeks. The test program is scheduled to run through September 30, 2017.
TaxLane®, regularly assists taxpayers with Offers in Compromise, Installment Agreements, and the removal of IRS liens and levies.
To find out what options are available to you, contact our offices. We will talk openly and honestly about your financial situation and provide you with the best possible strategy for dealing with your tax debt.