Installment Agreement

Installment Agreement with the IRS means that they will allow you to make smaller periodic payments over time if you can’t pay the full amount at once. A setup fee applies to all agreements over 120 days.

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Penalty Abatement

You might have a chance to get the penalties that the IRS has issued to you abated. The IRS's requirements for penalty abatement differ with each case. So if you have good reason to request penalty abatement then you should request one. If the request is accepted then you could have your penalties partially or completely removed. Each year the IRS abates tens of millions of dollars in penalties

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Offer in Compromise

You may be eligible for an Offer in Compromise if you can’t pay the amount you owe in full or through installments. By requesting an Offer in Compromise, you’re asking to settle unpaid taxes for less than the full amount you owe. The IRS may accept an Offer in Compromise if: They agree that your tax debt may not be accurate. You have insufficient assets and income to pay the amount due, or because of your exceptional circumstances, paying the amount due would cause an economic hardship or would be unjust.

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Doubt as to Collectibility

If you can’t pay any of the amount due because payment would prevent you from meeting basic living expenses, you can request

that the IRS delay collection until you’re able to pay. Prior to approving your request, they may ask you to complete a Collection Information Statement and provide proof of your financial status. Please remember that even if they delay collection they will still charge applicable penalties and interest until you pay the full amount, and they may file a Notice of Federal Tax Lien. They may also request updated financial information during this temporary delay to review your ability to pay.

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Innocent Spouse Relief

Generally, both you and your spouse are responsible, jointly and individually, for paying any tax, interest, or penalties on your joint return. If you believe your current or former spouse should be solely responsible for an incorrect item or an underpayment of tax on your joint tax return, you may be eligible for Innocent Spouse Relief. This could change the amount you owe, or you may be entitled to a refund.