I owe the IRS more than $75,000. I don’t dispute this, and I want to come forward and pay it, but I don’t have that kind of money. I also don’t think the Offer in Compromise program would work for me. But what about an installment plan?Tuesday, February 13th, 2007
Indeed, paying off your IRS debt in installments is absolutely an option. Since I assume you are interested in coming forward before the Internal Revenue Service is forced to track you down, you’re in a good position to deal with the federal government. The IRS favors those who want to work with the government to satisfy their debt.