Partial Pay Installment Agreement
A Partial Pay Installment Agreement (PPIA) is a payment arrangement with the IRS that allows taxpayers to pay off their tax debt in smaller, more manageable installments. Unlike a regular installment agreement, which requires payment of the full amount owed, a PPIA allows taxpayers to pay less than the total amount owed over the life of the agreement. However, it's important to note that interest and penalties will continue to accrue on the remaining balance, and the IRS may require a review of your financial situation periodically to determine if your payment amount should be adjusted.
Our team will assess your financial situation and propose a realistic payment plan to the IRS. We'll advocate on your behalf to secure a Partial Pay Installment Agreement that aligns with your ability to pay. With our expertise and guidance, you can take decisive steps toward resolving your tax debt and regaining financial stability.