My Accounting Today article that provides insight on how taxpayers who owe between $50,000 and $100,000 to the IRS can now get into a 84-month payment plan without having to file detailed financial information with the IRS. This pilot continues and can especially help those taxpayers who are facing passport restrictions because they are not in good standing with the IRS.
6 major changes to IRS collection policies
November 12, 2018 by ·
IRS collection rules change often. Here is my Accounting Today article on six major changes that took place in 2016-2017 that made it easier for taxpayers to enter into collection alternatives (extensions to pay, installment agreements/payment plans, currently not collectible status, and offers in compromise) with the IRS.