IRS tax relief - How to settle IRS debt or pay it off in installments

Garnishments are:

15% for Social security recipients and most federal employees - http://www.irs.gov/individuals/artic...128481,00.html

and

100% for Defense contractors - http://www.irs.gov/pub/irs-pdf/p594.pdf

and

differs for wage employees and contractors - http://www.irs.gov/pub/irs-pdf/p1494.pdf


You generally have 60 months to pay off your balance - http://www.irs.gov/pub/irs-pdf/f9465.pdf

I do believe the IRS will make a counter offer if your proposal is too low.

There are several payment options - http://www.irs.gov/businesses/small/...104593,00.html

1. Lump sum payment - which can be paid in 5 or less payments
2. Short Term - pay by installments over 24 months
3. Deferred - pay by installments. thru the collection expiration date


*you should call irs and check on your oic if you're not sure about the payments. if they accept your offer and you don't send your payments it will default the offer and you would have to start all over.

I have been on an installment agreement with the IRS for the past 10 years. I am paying on about 6 of the last 10 years in installments. I called yesterday to check on my installment payment and the IRS rep I talked to said some of the taxes I am paying on are over 10 years old. She said I would need to talk with someone in another department for them to examine this. These years are all included in my installment agreement even though she is right that some are 10 years old. I have not called them back yet. Do I need to talk to a lawyer first? What do I do? I am very worried.