Partial Payment Installment Agreement

  • Date: Oct 06, 2016
  • Category: Legal

Los Angeles Tax Attorneys to assist clients in filing IRS Settlements

The Internal Revenue Service provides a few ways to settle tax debts owed to them, one of which is the ‘Offer in Compromise’, which is a legitimate option for those who are unable to pay off their total tax liability amount. However, there is another alternative, it is the ‘Partial Payment’ option, also known as ‘Partial Payment Installment Agreement’ (PPIA). This plan is a recourse for people who do not qualify for the ‘Offer in Compromise’. Continue reading →