I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS.
If you are one of the many people hurt by the impact of the Covid-19 virus and have an existing installment payment plan in place, now is the time to renegotiate. If you qualify for the streamlined plans, simply go online to your account using one of these links:
- Individual Account: https://sa.www4.irs.gov/opa/individual/pages/indi.xhtml
- Business Account: https://sa.www4.irs.gov/opa/pages/bmf.xhtml
Revising this agreement does not require any additional information submittals if you still qualify under one of the streamlined plans.
If your situation is dire, then you need to contact the IRS and ask for Currently Not Collectable Status. This will require that you fill out a Form 433 regarding your assets and income. The Currently Not Collectable status results in the IRS suspending any collections actions for at least 18 months. Given their current back logs, those currently in this status will probably be given a pass for a much longer period.
Renegotiating now is a much better alternative to simply defaulting.
If you or someone you know has received a Notice of Intent to Levy or some other federal or state tax issue, please feel free to contact me at either (352) 317-5692 or email firstname.lastname@example.org.