Resolving Your Tax Debt with a Partial Pay Agreement
It seems almost every day we get a call from someone with a tax debt asking if they can do an Offer in Compromise. It’s constantly talked about on TV and Radio by the National Tax Relief Firms. The problem is most people don’t actually qualify and for others there may be a better option.
The better option is usually a PARTIAL PAY INSTALLMENT AGREEMENT or PPIA. We sometimes call it the Back Door OIC, because it can get the same results.
What is a PPIA? A PPIA is an arrangement with the Internal Revenue Service (IRS) to pay a specific monthly amount towards your tax debt that will not pay the debt in full by the end of the collection statute expiration date. It’s based on your current financial situation, and easier to get approved then an OIC.
Resolution of Back Tax Issues: Over time, your tax debt may expire while you make your affordable monthly payments. This provides you with a clear path to resolving your tax problems. The length of your plan and the total amount paid will depend on your specific situation.
The feeling of relief that comes with resolving your back tax issues is profound. It brings peace of mind, freedom from looming financial burdens, and a fresh start to your financial future. Imagine the weight lifted off your shoulders when your tax problems are behind you.
If you are ready to take the first step toward resolving your back tax issues and experiencing the relief that comes with it, call me at 201-479-2572 or click on the link below to setup your free consultation.
Embrace the opportunity for a brighter financial future and the relief that comes with resolving your back tax issues. I look forward to being a part of your journey to financial freedom.