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An IRS installment agreement, especially a Partial Payment Installment Agreement (PPIA), benefits Taxpayers with substantial tax liabilities (usually in excess of $500,000).

 

A PPIA provides you with a structured payment plan that takes into consideration your actual ability to pay, rather than your total debt. 

 

This type of agreement is especially advantageous because the remaining balance is discharged after the Collection Statute Expiration Date, usually 10 years from the actual assessment date.

 

By retaining Selig & Associates to negotiate your PPIA, you can effectively manage your federal tax debt. 

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FYI you don’t have to “pay-off” your entire tax debt to qualify for a mortgage. In fact, you can have Federal Tax Liens, and still qualify for an FHA Mortgage provided you’re in a bona fide IRS installment agreement, have acceptable credit, and satisfy the lender’s Debt to Income requirements.

 

Selig negotiates excellent IRS installment agreement, and can help you satisfy even the toughest underwriters' requirements. 

 

Simply put, a PPIA is an extremely effective strategy for people who don’t qualify for alternate methods of relief. For additional information call (212) 974-3435 today

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