I am so grateful for these amazing people. I’m awful at all this tax stuff, hate it really. Amanda made it simple! I’ll be back every year!
~ Barbara Lantaff
IRS Payment Plan—Denver, Colorado
Helping You Manage Your Tax Issues With the IRS and State
Let us calm your nerves and manage your tax issues. We communicate with the IRS directly so you don’t have to. Gain insight into your tax situation with our tax analysis report.
IRS payment plans allow you to pay your personal tax debt over time
If you’re from the Denver, Colorado, area and owe the IRS money on your personal taxes, you can consider setting up a payment plan or installment agreement that allows you to pay your debt over time. The IRS has recently relaxed the terms and made it easier for you to qualify for a payment plan that fits your budget.
~ Davis G., Colorado
~ Christopher D., Colorado
The whole True Resolve team were amazing at answering my questions in a very timely manner. I was dealing with a Revenue Officer who wasn’t being very helpful. After hiring True Resolve I never had to directly deal with the Revenue Officer again and they handled everything from there and got me an affordable payment plan and were even able to reduce what I owed the IRS.
~ Scott H, Colorado
I had the pleasure of dealing with Ms. Kendall regarding a tax matter and found her professionalism, knowledge of the code and system and proactive attitude to be calming and very, very effective. Many thanks to her and her team.
~ Donnie R., Colorado
I started my business in 2014 and had never been good at keeping track of my expenses.The True Resolve team came in and helped get my bookkeeping caught up and back on track. They now continue to help me keep things caught up so I can plan for my business better. This has been an invaluable service that I will continue to use for as long as I have my business.
~ Erik S., Colorado
~ Tyler B., Colorado
I had rental properties that had been vacant for some time and decided I wanted to sell. The problem was, I owed more than what the propertyies were worth and needed to enter into a Short Sale but the IRS had a lien which was creating a problem with the title company to close on the sale. Victoria and the team were able to prepare paperwork and have the IRS remove the lien from the rental property in short sale and agree to not receive any funds so that the closing could happen and I could no longer be responsible for the mortgage payment. This in turn allowed me to start making payments to the IRS on my back taxes. My title agent was so impressed with how quickly the process was dealt with once bringing True Resolve on board that they asked for an introduction for their other clients as well.
~ Heidi K., Colorado
The IRS was contacting my contractors I work for and telling them to not pay and send the money to the IRS instead. This left me with no money to pay my employees and I was unable to get the IRS lady that was doing this on the phone or to return my call. I spoke with True Resolve Tax and asked what my options were after they came highly recommended. Within two days of hiring them they had been able to speak to the lady at the IRS, get her to agree to stop the levies with my contractors and even got enough of the money she had recently taken back to allow me to cover payroll for my employees. This was HUGE! If my employees couldn’t get paid I would have been out of business. I was very impressed with how quickly True Resolve went to work and got results.
~ Gary B., Colorado
~ Ed G., Colorado
I had fallen behind on my payroll tax payments and had the IRS coming to my place of business to talk to me. I was worried they were going to shut me down. I was referred to True Resolve Tax by a friend of mine. The True Resolve team instantly came in and started talking to the IRS person so I didn’t have to. They helped me to budget for my business better so that I could pay the current taxes and set up a payment plan on the taxes I hadn’t paid yet. The payment is very affordable and the budget help has kept me on track since then also. Great service, great people, great customer service.
~ Michael G., Colorado
I was facing an audit on my business and my personal taxes by the IRS. The accountant who had prepared my taxes was not answering my calls and a friend of mine told me to contact Amanda Kendall. Amanda was very helpful in helping me understand the process I would be facing and what this would entail as well as how long it would take to complete the audits and get a determination from the IRS. My accountant had made some mistakes and Amanda was quick to point those out and tell me what that would mean for me in the audit. It turned out one of the mistakes was in my favor and almost helped offset the ones that weren’t. By the time the audit was over it was almost exactly what Amanda had prepared me for.
~ Sarah G, Colorado
Invest in peace of mind. Gain the insights needed to understand your options.
IRS Payment Plans
The IRS Fresh Start Program allows taxpayers who owe up to $50,000 to pay off their tax debt through monthly payments for up to 72 months. The agreement can generally be set up without financial documentation, and there are two streamlined agreement options:
- The first agreement option is for taxpayers who owe less than $25,000.00 in assessed taxes. These taxpayers are able to set up a payment plan that pays the amount owed, including penalties and interest, within a timeframe of no more than 72 months.Payments on this agreement can be submitted made by mailing in a check, making online payments or setting up a direct debit from your bank account or a payroll deduction through your employer. There are benefits to setting up a payment as a direct debit, especially if you can make a payment that will pay the amount you owe off in 60 months or fewer.
- The second streamlined agreement is for taxpayers who owe more than $25,000.00 but less than $50,000.00 in assessed taxes. These taxpayers are also able to set up a payment plan that pays the full amount owed, including penalties and interest within a timeframe of 72 months or fewer.Payments on this type of agreement are required to be made either via a direct debit from your bank account or as a payroll deduction. Mailing in checks or paying online is not an option with this type of agreement.
Taxpayers who cannot pay off their debt within the 72-month timeframe may qualify for a full pay agreement. This agreement allows you to pay off your taxes within the collection period allowed by law (10 years) via pre-determined monthly payments to the IRS. In some cases, you may be required to submit documentation to substantiate your income and expenses and to determine your payment amount.
The IRS also offers payment plans for taxpayers who cannot resolve their tax debt within the collection period allowed by law:
A partial pay agreement requires you to submit complete financial information and documentation of income and expenses to the IRS to determine what you can afford to pay each month. The IRS will review your payment every two years to determine if they can increase.
A staggered payment plan, also called a tiered agreement, allows a taxpayer to pay one amount to the IRS for a predetermined time and then increase the payment amount according to the terms of the agreement. For instance, you may be able to increase your payments to the IRS once you have paid off a car after 18 months. Or you may be asked by the IRS to lower the payments on another debt within a certain timeframe to pay off your taxes quicker.
Setting up a Payment Plan with True Resolve
At True Resolve, our Denver-based tax experts will review the payment options available to you, determining which one best fits your budget and your situation. We negotiate directly with the IRS to ensure the best outcome possible. Contact us today to discuss a plan to pay off your taxes and secure your financial future.