Under an installment contract, the taxpayer consents to pay the whole amount of their debt in regular monthly installments over a duration of up to six years. This method permits the taxpayer to pay in small, convenient quantities to make sure that the financial obligation is not frustrating. As soon as the tax financial obligation is paid in full, the IRS will certainly release the federal tax obligation lien imposed on the taxpayer.
INSTALLMENT AGREEMENT COLLIN COUNTY TEXAS
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