The IRS and State Tax Agencies offer numerous installment payment options for taxpayers who are unable to pay the full balance of an outstanding tax liability at one time. Although installment plans are generally easier to qualify for than some other types of tax settlement options, they nevertheless have very specific qualification criteria. These criteria usually take into account the amount of the tax liability together with the current and projected financial status of the taxpayer.
The CPAs and tax professionals at BCH Consulting, Inc. have experience with Installment Agreements and can accurately determine which installment option best fits the specific needs of a particular client. Once this determination has been made, they will negotiate directly with the collecting tax agency on the client’s behalf and follow the application process through until the final payment plan is in place.