Monday, 28 May 2012

Installment Agreements After Rejection of Offer in Compromise

Rejection from the IRS on an offer in compromise application might perhaps fill you with a bit of stress and panic, however don't agonize -- you can proceed with the option of satisfying the payment of the balance in installments. The Internal Revenue Service offers some different installment agreement options including partial-payment installment plans or full-payment installment plans. Full-payment plans include the streamlined installment agreement, the promised installment agreement, and the financially verified installment agreement.

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