Partial Payment Installment
San Antonio Tax Debt Relief Attorney
Like a payment plan or Offer in Compromise, the IRS allows certain individuals and businesses to agree to a Partial Payment Installment Agreement, or PPIA, in order to pay back some or most of your tax debts. This can help you make manageable and reasonable payments based on your means to help avoid financial repercussions that can affect your future and your livelihood.
Qualifications for Partial Installment Agreements
Know that there are a few basic qualifications for the IRS’s PPIA. These include:
If you qualify, the IRS may them negotiate an agreement based on your income, expenses, ability to pay, and whether you can use equity or assets to pay your debts. With the help of our San Antonio Tax Debt Relief Attorney, you can find a favorable plan that keeps your best interests and your financial future in mind.
Call (210) 981-5716 for a Free Consultation
If you qualify and agree to a PPIA, the Internal Revenue Service will review your situation every two years. If they notice an improvement, they may raise your payments. This is why it is vital that you work with a San Antonio Tax Debt Relief Attorney who gets to know you and your family and will work with you from the start of your case to the end.