Installment Agreement
A structured monthly payment arrangement for balances that cannot be paid in full.
Overview
An installment agreement allows a balance, including penalties and interest, to be paid over time. The type of agreement available depends on the amount owed and your financial circumstances.
Who this typically fits
- Taxpayers who can pay over time but not in a single payment
- People trying to stop or prevent enforced collection activity
- Businesses with payroll or income tax balances
What the process involves
- Confirming filing compliance for all required years
- Preparing a financial statement where one is required
- Requesting terms that are realistic and sustainable
- Documenting the agreement and monitoring compliance requirements
Important considerations
Interest and certain penalties generally continue to accrue while an agreement is in place. Missing payments or new balances can default an agreement.
Find out where your case actually stands.
Request a confidential, no-cost evaluation. We review your notices, explain your options in plain language, and tell you honestly what is realistic.