Tax professionals warn that payment plans offer relief only as long as taxpayers remain fully compliant with ongoing filing requirements.

Experts recommend that taxpayers in installment agreements file all required returns promptly and address any compliance gaps before they escalate into enforcement actions. By answering a few simple ...

Missed filings – even for years with little or no tax due – can prompt the IRS to pause the agreement and resume collection activity. “Payment plans are conditional,” said a spokesperson for Clear ...