STREAMLINED PROCESSING OF INSTALLMENT AGREEMENTS

NSTPInstallment Agreements, online payment agreement

The IRS is testing expanded criteria for streamlined processing of taxpayer requests for installment agreements. The test is scheduled to run through September 30, 2017. During this test, more taxpayers will qualify to have their installment agreement request processed in a streamlined manner. Based on test results, the expanded criteria for streamlined processing of installment agreement requests may be made permanent. During the test period, expanded criteria for streamlined processing will be applied to installment agreement requests submitted to SB/SE Campus Collection Operations, this includes the Automated Collection System (ACS). Expanded criteria will not be applied to installment agreement requests submitted to W&I Accounts Management, SB/SE Field Collection or through the Online Payment Agreement application. The program will streamline payment plan set-up for more taxpayers, by: Increasing the dollar threshold for expedited processing from $50,000 to $100,000, if taxpayers agree to pay by direct debit from a financial account or payroll deduction. Increasing payment terms from 72 months to 84 months (subject to collection statute limitation). Removing the requirement to submit financial condition documentation that’s normally required for all installment agreements on balances of more than $50,000. However, an important distinction of the test program is that the IRS will … Read More