Finding the Right Payment Structure

Not all IRS plans are built the same. In Newport Beach, we look at your total debt and current income to propose a plan that meets IRS standards without compromising your quality of life.

Depending on your situation, we can negotiate:

• Full Pay Agreements: For those who can pay the balance within a few years to minimize interest.
• Partial Payment Plans: If your monthly cash flow is limited, you may pay a smaller amount until the collection period expires.
• Streamlined Plans: Quick approval for debts under $50,000 that don't require exhaustive financial verification.
• Customized Agreements: For complex cases involving high-value assets and significant back taxes.

Tip: Setting up an agreement typically prevents the IRS from placing new liens on your property, protecting your credit and your equity.

Protecting Your Income and Assets

Living in coastal Orange County means your monthly expenses are likely higher than the national average. We make sure the IRS doesn't use generic charts to decide what you can "afford."

• We document your actual Newport Beach housing and utility costs.
• We negotiate to keep your bank accounts and wages free from garnishment.
• We ensure you stay in good standing to avoid the termination of your plan.
• We can coordinate the removal of existing levies once your first payment is confirmed.

Long-Term Compliance and Relief

Maintaining Your Good Standing

The most common reason a payment plan fails is a future tax liability. If you owe more money next year, the IRS will cancel your current agreement. We help you adjust your withholdings or estimated payments so your resolution stays permanent.

Penalty Reduction Options

Just because you are on a payment plan doesn't mean you have to pay every cent of the penalties. While the installments are active, we can file for Penalty Abatement to potentially lower the total debt you have to pay back.

Regain Financial Control

Getting on an approved plan is the fastest way to end the constant letters and phone calls. It allows you to focus on your career and family while the debt is handled automatically through your monthly budget.

Contact America Tax Group today to formalize your IRS resolution: Consult with our Newport Beach team.