If I am not eligible for the Offer in Compromise program, can I enroll an Installment Agreement?
Thursday, December 6th, 2007Question: If I am not eligible for the Offer in Compromise program, can I enroll an Installment Agreement? And if so, how does it work?
Answer: The answer: Yes.
The Offer in Compromise program is for taxpayers who, for whatever reason, have amassed a tax debt that they cannot pay under any circumstance. Taxpayers who do qualify for the program can have their tax debt reduced by pennies on the dollar.
However, there
