Pay the IRS Over Time, in an Amount You Can Actually Live With
If you owe the IRS and cannot pay it all at once, an installment agreement lets you pay the balance over time in monthly amounts you can actually afford. Setting one up correctly matters, because the wrong plan can cost you more than you need to pay or leave you exposed to a lien or levy. Peter Kici, EA, sets up the right agreement for your situation and deals with the IRS for you.
Call or text (407) 531-8705 for a free, confidential consultation
Which IRS Payment Plan Fits Your Situation
There is no single payment plan. The main options are:
- Streamlined installment agreement: for many balances, set up without heavy financial disclosure.
- Partial-pay installment agreement: a lower monthly payment when you cannot afford the full streamlined amount, where you may not repay the entire balance before the collection window closes.
- Full pay over time: when you can clear the balance within the IRS timeframe.
We look at what you owe, what you can afford, and the 10-year IRS collection statute to choose the plan that costs you the least over time.
How Low Can Your Monthly Payment Be?
Your payment is driven by your income, your necessary living expenses, and the balance. The goal is a payment you can sustain without falling behind again, because a defaulted agreement puts you back at square one. If a plan is not realistic for your budget, hardship status or an Offer in Compromise may fit better, and we will tell you honestly.
Can a Payment Plan Stop a Garnishment or Levy?
Often yes. Getting into an agreement is one of the ways to stop a wage garnishment or release a bank levy, because it shows the IRS you are resolving the debt. If collection has already started, call now. Timing matters.
How We Set Up Your Agreement
- Free consultation to review the balance and your budget.
- We confirm all required returns are filed, because the IRS will not finalize a plan otherwise. If you have missing years, we handle unfiled returns first.
- We choose the right plan type and negotiate the terms.
- We set it up and confirm it with the IRS so you are protected.
Questions People Ask About IRS Payment Plans
Will I still owe interest and penalties on a payment plan?
Interest continues until the balance is paid, but a plan stops the account from escalating, and we can look at penalty relief separately.
What if I default?
We can often reinstate or renegotiate. Do not ignore it, call us.
Do I have to reveal all my finances?
Not always. Streamlined plans need less disclosure. We use the least invasive option that works.
What if I cannot afford any monthly payment?
Then a payment plan is the wrong tool, and we look at hardship status or an offer instead. See what to do if you cannot pay your back taxes.
Do you serve my area?
Yes. The practice is based in Central Florida and serves Orlando and the surrounding communities, plus taxpayers in all 50 states by phone and video.
Talk to an Enrolled Agent in Orlando, Not a Call Center
You will work directly with Peter Kici, EA, an IRS Enrolled Agent based here in Central Florida. No 1-800 sales floor, no handoffs.
Call or text (407) 531-8705 for a free, no-pressure consultation, or book your free consultation online. Not ready to call? Get the free book first and see your options in plain English.