Offers in Compromise & Installment Plans

Offers in Compromise & Installment Plans

Working with the state and not against it is your best option for getting your tax issues resolved. Hiding you head in the sand will only make the situation worse and taxes and penalties are added and collection efforts are intensified. Having served as a CPA to Atlanta business owners and individual decades I have learned that good honest forthright communication is your best option for IRS Representation Success. Below is a sample collection letter we might use to set up an installment plan.

Georgia Department of Revenue
Installment Payment Unit
1800 Century Blvd., Ste. 18225
Atlanta, GA 30345

Enclosures: GA letter dated 7-2-09

Dear Sir or Madam

I am following up on the taxpayers open monies due the state of Georgia and to set up an Installment Agreement thereon. I have previously forwarded for your review a copy of the last piece of correspondence regarding their IRS Offer in Compromise. As you can see from the correspondence the taxpayer has no substantive assets, cash flow or funds of any type. This is the most they are able to commit to at this time. Accordingly, please cease all collection efforts while this Installment Agreement is being processed.

I have previously forwarded GA Form 9465: Installment Payment Plan Application for the above referenced taxpayer listing the most that they would be able to commit to on an monthly basis as $100 per month. Accordingly I have enclosed a check for the first monthly payment. The taxpayers are desirous to settling all of their tax debts and this will be a positive step in that direction.

Please accept this Installment Plan as originally forwarded.

Please do not hesitate to contact me if you have any questions or need any additional information.

Sincerely,
John C. Dillard, CPA, PC
Partner in Charge

John Dillard is an Christian Speaker/Author and Certified Public Accountant. To See how he takes Christ along with him to work visit http://www.hiscpa.com/  and for his latest book Overcoming Life's 9/11's: Job's Journey visit http://www.john-dillard.com / or all John Dillard CPA today at 770.814.9304 Serving Metro Atlanta for over thirty years.
Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!