Form 433-D
Form 433-D is used to set up an IRS installment agreement, allowing taxpayers to pay their tax debt over time. It outlines payment terms and conditions.
CP521 Notice
The CP521 Notice alerts taxpayers about pending payments on their IRS installment agreements. Timely responses are crucial to avoid penalties.
Individual Agreement
An 'Individual Agreement' is a structured arrangement between a taxpayer and tax authority outlining obligations and conditions to resolve outstanding debts or compliance issues.
Business Installment
Business Installment refers to the payment arrangement made by businesses to cover tax debts or obligations in scheduled installments rather than a lump sum.
Fresh Start Program
The Fresh Start Program by the IRS helps taxpayers manage and resolve tax debts conveniently, offering various relief options to ease financial burdens.
Hardship Plan
A Hardship Plan provides taxpayers temporary financial relief by reducing or deferring tax payments during periods of financial strain.
Default Agreement
A Default Agreement is a formal arrangement to manage tax debts if regular payments are missed, outlining new terms to prevent tax delinquency.
User Fee
User fees are charges levied by government entities for specific services or benefits. They ensure cost recovery and efficient service delivery.
CP504 Notice
The CP504 Notice is an urgent IRS communication indicating a taxpayer’s unpaid tax debt, warning that the IRS may seize assets for payment if the debt is not promptly addressed.
CP523 Notice
The CP523 Notice is issued by the IRS to inform taxpayers that their installment agreement is at risk of default due to missed payments. It's important to act promptly to resolve or modify the plan.