If the IRS assigns you an Installment Agreement status, it means you can pay your tax debt over time instead of in a lump sum. We understand that it can feel overwhelming. An Installment Agreement helps people who can’t pay immediately but want to settle their tax debt responsibly. The Lamarre Law Group, P.A.’s Jacksonville IRS lawyer, guides residents and small business owners through the process, so you don’t have to face the IRS alone.

What are Installment Agreements?

An Installment Agreement is a formal payment plan with the IRS that allows you to pay off a tax debt through monthly installments. It doesn’t eliminate the debt, but it can prevent aggressive collection actions while you make payments. This option is suitable for taxpayers who are current on their filing obligations and can afford regular payments.

How an Installment Agreement works

Eligibility

• You usually need to have filed the last six required tax returns.
• The IRS assesses your ability to pay.
• Small balances might qualify for simplified online plans; larger debts generally require more documentation.

What an Installment Agreement does and does not do

• Does: Halt certain collection actions while the plan is active; establish a predictable monthly payment; lessen immediate financial stress.
• Does not: Remove penalties or interest; eliminate the tax debt; ensure acceptance without proper documentation.

Filing and ongoing obligations

• You must stay current with future tax returns and payments.
• The IRS might request financial statements for larger plans.
• Missing payments can result in default and restart collection efforts.

Step-By-Step Penalty Abatement Process

1. Intake and Review
   We collect your tax returns, notices, and basic financial details.
2. Financial Analysis
   We determine how much you can realistically pay each month and whether a streamlined plan is suitable.
3. IRS Contact and Negotiation
   We prepare and submit the application or proposal to the IRS and negotiate terms if necessary.
4. Documentation and Setup
   We complete the required forms, set up a direct debit if appropriate, and confirm the plan details.

How Lamarre Law Group, P.A. Helps

We focus on reducing stress and protecting your rights with over 11 years of experience handling tax collection cases and setting up Installment Agreements. Our services include:

• Acting as your representative when communicating with the IRS.
• Preparing and submitting the Installment Agreement application and any necessary financial documents.
• Finding the most affordable monthly payment and terms that work with your budget.
• If an Installment Agreement isn’t the best option, we explain alternatives like Offer in Compromise or Currently Not Collectible status.

Ready to talk? Contact Lamarre Law Group, P.A.

If you’re in the Jacksonville area or nationwide and need help with Installment Agreements, we’re here to assist. Contact us—we’ll listen carefully, explore your options together, and discuss the Installment Agreement process to find what’s best for you. We proudly serve clients throughout Jacksonville and nationwide, and we’re happy to connect with you by phone, video, or in person at our Jacksonville office.

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