If You Owe Taxes Can You Pay in Installments
It’s very easy to set up a monthly plan with IRS. You may opt for `installment agreement when you don’t have resources to pay your tax debt immediately. Jake from Hillhurst Tax Group says, "setting up a installment plan is fairly easy." Either you or your lawyer can set an installment agreement by filling up some paperwork, over the phone, or by using OPA (online payment agreement) web app. It’s very important to know that there are four types of installment agreements. Therefore, you need to review which of these will be approved by IRS for your situation, and choose the best one as per your budget and financial constraints. The Process You first need to find out the amount of unpaid taxes that you have. At this stage, call…