Installment Agreements Lawyer in Tampa
Helping Clients Overcome Their Tax Problems
When facing the IRS, the sooner the situation is addressed, the better. Owing back taxes is a heavy burden to bear, so it's best to seek the counsel of an experienced Tampa tax lawyer who has handled cases like yours and has been successful.
You're in a difficult situation right now so you might assume you don't have options, but you do. A skilled attorney can help identify a suitable tax relief plan that works for both parties. We have been in the same place you find yourself in right now, so we are confident that a solution can be reached.
How Do You Set Up Installment Agreements?
An installment agreement allows you to repay the money you owe to the IRS in installments. An installment agreement, however, comes with interest and penalties that can reach up to 10%.
At Law Offices of Darrin T. Mish, we are familiar with Installment Agreements, and we can help our clients understand the 4 different types of agreements:
- Guaranteed Installment Agreement: you owe less than $50,000 and have never been in an Installment Agreement before, and the amount owed will be paid off within 3 years
- Streamlined Installment Agreement: similar to the Guaranteed Installment Agreement, but the amount owed must be paid within 72 months
- Partial Payment Installment Agreement: an agreement for partial payment of the amount owed
- Non-Streamlined Installment Agreement: the taxpayer owes more than $50,000 so must propose a repayment plant with the IRS
If you're prepared to enter into a repayment plan with the IRS, one of the installment agreements above may be your best option.
We can help determine which agreement is best for your situation and file the correct forms so that you can get your life back on track.
Don't let your stress overtake you. We can help identify a solution to your tax problems. Reach out to our office online to see how we can be of service!
My initial meeting with Darrin was reassuring, hopeful and non-judgmental.- MCM
The peace of mind alone, was worth it!- CC
We left our first meeting feeling like there was hope!- GB
I could tell right away that I went to the right person!- SC
Everyone including Attorney Mish is respectful and helpful!- RK E.