How to Set Up a Payment Plan with the IRS — And How an Enrolled Agent Can Help
By BMAC Business Services
If you owe taxes to the IRS and can’t pay the full amount up front, you’re not alone — and more importantly, you have options. One of the most effective ways to resolve your tax debt is by setting up a payment plan, also known as an Installment Agreement. But navigating the IRS process can be stressful and confusing. That’s where BMAC Business Services and our licensed Enrolled Agents can help you take control.
What Is a Payment Plan?
A payment plan is an agreement with the IRS that allows you to pay your tax debt over time in monthly installments. These plans can help avoid further penalties and collection actions — like wage garnishments, levies, or tax liens — and give you peace of mind.
Types of IRS Payment Plans:
Short-Term Payment Plan: Pay your balance in full within 180 days. No setup fee.
Long-Term Payment Plan (Installment Agreement): Monthly payments over time (usually up to 72 months).
Partial Payment Installment Agreement: Pay less than the total owed, based on your financial situation.
Offer in Compromise: Settle for less than you owe — but only if you qualify.
How to Set Up a Payment Plan Yourself
You can apply directly to the IRS in several ways:
Apply Online:
Visit the IRS Online Payment Agreement Tool
Have ready:
Social Security Number (or EIN)
Filing status
Tax year(s) you owe
Amount owed
Payment method (bank info or card)
Apply by Mail:
Submit Form 9465 (Installment Agreement Request) by mail.
Or Call the IRS:
1-800-829-1040 — Be prepared for long wait times.
Why Work with an Enrolled Agent at BMAC Business Services?
At BMAC Business Services, we don’t just help you fill out forms — we strategize, negotiate, and advocate for your best outcome. Our Enrolled Agents are federally licensed tax professionals with the authority to represent you directly before the IRS.
Here’s how we help:
✅ Custom Strategy:
We analyze your financials to determine the best payment plan for your situation — or whether you qualify for programs like Offer in Compromise or Penalty Abatement.
✅ IRS Negotiation:
We communicate with the IRS so you don’t have to — and we know what to say, when, and how to get results.
✅ Penalty & Interest Reduction:
We explore every legal avenue to reduce the extra costs that build up on your balance.
✅ Peace of Mind:
We handle the paperwork, follow up with the IRS, and keep you informed every step of the way.
When to Reach Out
You should contact us today if:
You owe more than $10,000
You’ve received IRS letters or threats of collection
You haven’t filed in several years
You’ve experienced financial hardship (job loss, illness, divorce)
You want to protect your wages, bank account, or home from IRS enforcement
Final Thoughts
Getting behind on taxes can feel overwhelming — but with the right help, it’s solvable. Setting up a payment plan is often the first step toward financial relief. Let BMAC Business Services guide you with expert support, compassion, and proven experience.
📞 Need help with IRS payments or back taxes?
Contact us today at BMACBizServices.com
Let’s create a solution that works for you — and get you back on track with confidence.
