Tax Debt Installment Agreement – Keep The Tax Man Away…

tax relief installment agreement

Last Updated on July 11, 2019 by Nexus Financial

A Tax Debt Installment Agreement is a debt relief program that allows taxpayers to pay off their Internal Revenue Service tax debt over time. The Installment Agreement permits a taxpayer to pay off his/her tax balance over time, but with stringent qualification and payment requirements. However, because interest and penalties will apply, the IRS encourages taxpayers to pay taxes immediately as interest and penalties can equal 8% to 10% per year. Read more…

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