Going into a Guaranteed Installment Agreement with the IRS An installment agreement is a payment arrangement between a taxpayer and the IRS. It allows the taxpayer to repay the debt over time. Not all taxpayers will qualify for an offer in compromise or to pay pennies on the dollar. So it's a good thing that those aren't their only payment and negotiation options. If your client doesn't qualify for an offer in compromise, don't feel defeated. There are still ways that you can

Originally, taxpayers could only make payments to the IRS by check and money order. Today the IRS offers a variety of ways to pay,...

It used to take taxpayers a long time to access their tax records from the IRS. Now the IRS has several online tools to make IRS...

If you owe the IRS you may have noticed that the balance due is higher than what you saw on the return. You aren't alone. The culprit in...