Need to set up a pay off agreement for several years.
October 5, 2021
Q) Need to set up a pay off agreement for several years.
A) According to the IRS: According to the IRS: A payment plan is an agreement with the IRS to pay the taxes you owe within an extended timeframe. You should request a payment plan if you believe you will be able to pay your taxes in full within the extended time frame. If you qualify for a short-term payment plan you will not be liable for a user fee. Not paying your taxes when they are due may cause the filing of a Notice of Federal Tax Lien and/or an IRS levy action. https://www.irs.gov/payments/payment-plans-installment-agreements