If you find that you owe a tax debt to the IRS then you are
probably wondering what your options are, and whether the IRS will allow you to
use an installment plan in order to pay what you owe. Taxpayers who owe a tax
debt of $50,000 or less are normally approved for a 72 month payment plan
without any problems simply by asking for this option. If more than $50,000 is
owed then you will need to provide the agency with your financial information
and do some negotiating.
