Call now for a free consultation! (844) 345-3250

IRS Lien-Deferred Installment Agreement

 

An individual residing in Towson, Maryland hired Timberline Tax Group to resolve a liability of approximately $50,000.00 of Form 1040, Individual Income Tax liabilities.  After significant negotiations with the IRS, a hold on all levy and lien action was established while the taxpayer’s financial condition was being prepared and reviewed. Through a Revenue Officer, the Enrolled Agent was then able to negotiate a lien-deferred Installment Agreement of $200 per month. With the collection statute considered, the individual will only pay approximately $16,800 of the $50,000 owed to the Internal Revenue Service. Additionally, the taxpayer will avoid a lien filing based on his current financial condition.

© Timberline Tax Group 2017-2024. All rights reserved.