A recent client of BC Tax came to us with a looming IRS debt totaling $505,677.00. The tax specialists here at BC Tax worked with them and the Internal Revenue Service to negotiate a Partial Pay Installment Agreement in the amount of $909 per month. Due to the fact the statutes will be expiring before the IRS can collect full payment, as they expire in 84 months, this resolution will save the client 85% of the original debt making their total payment requirement just a little over $76,000.00!

How Much Can You Save?

Savings of 85% on tax debt

BC Tax Insights Team
Posted By: BC Tax Insights Team

Authored by the BC Tax Insights Team, this article reflects the collective expertise and experience of our seasoned tax professionals. The Insights Team at BC Tax comprises specialists with a deep understanding of various tax scenarios and solutions. With a focus on providing informative, accurate, and practical insights, our goal is to guide readers through the complexities of taxation and financial planning. Every piece is crafted with the intent to help individuals and businesses navigate the ever-evolving world of taxes, ensuring clarity and confidence in decision-making.