You should seek help with IRS tax debt problems before the problem gets too large. It’s much easier to resolve a problem when it’s relatively new rather than wait until the problem has grown to large proportions. A tax negotiator can show you had to arrange an installment agreement.Reasonable AgreementsIt’s possible to ask for an installment agreement with the IRS using one of their forms. But the usual result is they come back with a payment that’s far too large to be reasonable. On the installment request you tell them what your income and expenses are and the agency sends you back the amount they will accept as the minimum monthly payment.Of course, with the IRS it always seems like there’s a catch. In this case the catch is penalties and interest are still accumulating while you’re making monthly payments. The government gets upset with credit card companies charging so much interest the payment barely touches the principal. Yet it’s worse with the IRS because they charge interest and penalty.The minimum monthly payment the IRS will accept is the difference between the income and expenses. This payment may work until you have […]

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