Posts tagged as:

installment-plan

Ask the Taxgirl: Installment Plans

29 March 2007

Taxpayer asks: After filing my taxes, the end result was that I owe just over $800. Gasp! This is three weeks pay for me and I have NO savings at all. Can I make payments to the IRS? Is there any help they offer for people in my situation? Taxgirl says:Absolutely! You can establish a [...]

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Please sir, can I have some more?

14 November 2006

As previously reported, the IRS appears to be on a fee raising binge…  And they’ve struck again! According to the IRS, as of the first of the year (January 1, 2007) fees for installment agreements will increase as follows: The fee for new direct debit installment agreements, where payments are deducted directly from a taxpayer’s [...]

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The Devil, Er, IRS, to Pay

23 October 2006

In part of its efforts to get more money faster be more tax-payer friendly, the IRS has finally brought its Installment Plan Agreement online. The OIA is not to be confused with the OIC, the Offer in Compromise, which allows you to apply to reduce the total amount of tax due either because it is [...]

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