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IRS Installment Agreements

IRS Installment Agreements

These are payment arrangements negotiated with the IRS. The agency allows you to repay your tax debt over a period of time, normally no longer than 60 months. Once an agreement is reached, the IRS will stop collection efforts against you, including the levy of bank accounts and wages. If you’re unable to make a lump sum payment, an installment agreement may be your best option.

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