- Instructor: Attorney Bob Schaller
- Lectures: 10
- Quizzes: 1
Partial Payment Installment Agreements.
Is your client unable to pay the back-taxes in full prior to the collection statute expiration date? Then all installment agreement programs discussed in earlier courses are of no use – because those installment agreements require the taxpayer to fully pay the tax liability prior to the collection statute expiration date.
Instead, a “Partial Payment” installment agreement may be the answer for a taxpayer who is unable to satisfy the tax liability through any other type of installment agreement before the collection statute expiration date.
Overview of Partial Payment Installment Agreements
Bi-Annual Review of Taxpayer's Financial Wherewithal
Income Calculation for Payment Amount
Asset Calculation for Payment Amount
Trust Fund Liability
In-Business v. Out-of-Business
Extending the Collection Statute Expiration Date