If you want to make installment payments to the IRS, you have to consider the same things that the IRS looks at when offering a monthly installment amount:

1. 1. How much can i afford to pay?
   

2. 2.Will the amount I am offering “full pay” the agreement before the statute of limitations expires?
   

3. 3.Can the IRS get the tax balance through other means, such as asset sales or by forcing the taxpayer to access other resources.
   

If you are expecting to make monthly payments, you can’t just call the IRS and give them a number and hope for the best.  Instead, you need to do the following:

1. 1. Give them a schedule of your assets (Form 433-A).
   

2. 2. Give them your income and expenses (Form 433-A)
   

Now comes the hard part.  The IRS is going to assume that your expenses can not exceed certain table amounts that they determine based on your income and dependents.

These table amounts are as follows (Click to see each one):

National Standards: Food, Clothing and Other Items

Texas - Local Standards: Housing and Utilities

Local Standards: Transportation

National Standards: Out-of-Pocket Health Care

Unfortunately, these standards don’t always take into account your unique situation:

1. 1. College or Private School Expenses
   

2. 2. High Medical Expenses
   

3. 3. High Housing Costs
   

4. 4. Other Special Expenses
   

In any event, to get the IRS to allow expenses greater then “the table amount” requires skill and tact that only a professional can provide.  Just assuming you can get the IRS to allow amounts greater than the table amount is simply not true.

Our method is simple - We listen to what your financial needs are and effectively communicate this need to the IRS.

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