Installment Payments

Tax debts do not get better with time.

Also, avoiding your tax debt is never a good idea. Sometimes though, the tax bill is so large it may look truly daunting.

Taxpayers who are overwhelmed with their tax bill may apply for an Installment Payment plan. Under certain circumstances, some taxpayers may qualify for a Partial Pay Installment Agreement (PPIA), where the taxpayer pays only a portion of the tax bill in full satisfaction of the entire tax bill.

Where a taxpayer is able to demonstrate inability to full pay their tax debt, he/she may qualify for a PPIA.

Are you unable to full pay your tax debt? Call us now for a no-risk FREE consultation with one of our Tax Lawyers.

Unlike a regular installment payment plan, a PPIA is subject to review every two years by the IRS. The New Your tax relief attorneys at Thorgood Law can help assess your particular financial situation and make recommendations about which installment payment plans you may qualify.

We can assist in obtaining an affordable monthly tax relief plan, based on how much you can afford, that would prevent your paycheck from being garnished or your assets seized. Generally, as long as you abide by the terms of the installment payment plan, our New York tax lawyers can stop the IRS from taking further collection actions against you. Contact Thorgood Law in New York to discuss an IRS installment payment plan that works for you.