Installment Plans

Break Your Tax Debt into Manageable Monthly Payments.

If you owe the IRS a significant amount of money but do not qualify for an Offer in Compromise, you do not have to drain your savings or take out a high-interest loan.

An IRS Installment Agreement allows you to pay your tax debt over time in manageable monthly chunks. More importantly, once the agreement is approved, the IRS stops threatening you with bank levies and wage garnishments.

Bernell Ward works to negotiate the lowest possible monthly payment so you can still afford your life while satisfying the government.

Our Installment Plan services:

• Guaranteed & Streamlined Agreements: For debts under certain thresholds, we can quickly set up plans without heavy financial disclosures.
• Partial Payment Installment Agreements: We negotiate plans where you pay what you can afford, even if it means you will not pay off the full balance before the collection statute expires.
• Protection from Collections: We ensure all aggressive IRS collection tactics cease immediately.

Frequently Asked Questions:

How long can an IRS payment plan last? Standard installment agreements typically last up to 72 months (6 years). We ensure the monthly payment fits your budget over that timeframe.

Do I still accrue penalties while on a payment plan? Yes, but at a reduced rate. The failure-to-pay penalty drops significantly once your installment agreement is officially approved.