There are several types of Installment Agreements. One of them, is called the “Partial Pay Installment Agreement” (PPIA) where it’s possible to settle your outstanding balance with the IRS for less than what’s owed. It’s based on your monthly disposable income and how much time is remaining on the 10-year collection statute expiration date. The IRS can only collect on a debt for 10 years, so the older your IRS tax debt is, the more likely you may be able to do a PPIA to settle it, if you qualify for this program. The IRS does not “advertise” this option for obvious reasons. There are strict eligibility requirements that must be met, so the first step is to call us to see if you qualify. Are are experts in resolving tax problems. Call us today for a FREE consultation to find out what your options might be.
“I have heard that the IRS will take a reduced monthly payment amount to settle my tax debt in full. Is that true?”
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Tax Resolution 360 are experts in IRS tax problems. We help taxpayers with their IRS Problems every day. Your IRS Problem is our Priority. We are committed to finding a Solution to your problem. Call us today for a Free Confidential Consultion today. We are a “Shame-Free” zone. Please don’t be embarrassed by the situation you are in. Let us help!