Feb 3, 2017

Partial Payment Installment Agreement


Our client hired us in December of 2015, after 7 years and $40,000 paid to another tax resolution company.  Within a few weeks, we negotiated a Partial Pay Installment Agreement for $500.  This was all pending the filing of the 3rd Quarter Form 941: Federal Withholding Tax Return, and sending the Officer proof of 3rd Quarter Federal Tax Deposits.  Our client currently owes about $150,000 and will end up paying roughly $500 per month for the remainder of the statutes on the balances due. This will be a maximum of 120 months (10 years), and would equal a total of $60,000 to be paid towards the resolution of this debt saving our client roughly $90,000.