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IRS new online payment agreement

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    IRS new online payment agreement

    Got this today from the IRS...thought you all might be interested...looks like the IRS is now outsourcing to us pros. taxea

    Beginning October 16, the Online Payment Agreement, a new tool for taxpayers to resolve their federal income tax liability, is available at IRS.gov.

    This new online application allows eligible taxpayers or their authorized representatives to self-qualify, apply for an installment agreement, and receive immediate notification of approval. Three payment options are available when applying online:

    Pay in full within 10 days
    Short-term extension of up to 120 days
    Monthly payment plan
    Tax professionals using OPA on behalf of clients should first make certain that they have a valid Power of Attorney on file with the IRS for all balance due tax accounts for that client. The OPA system will check the IRS Centralized Authorization File for a valid POA for all balance due periods and will not allow access to the OPA if all tax periods with a balance due are not included in the CAF.

    The OPA application was developed with input from individuals representing the National Association of Tax Professionals (NATP), the National Association of Enrolled Agents (NAEA), the American Association of Attorney-Certified Public Accountants (AAA-CPA), as well as representatives of some local taxpayer advocacy panels. Further information on installment agreements, including a link to OPA, is available in IR-2006-159
    Believe nothing you have not personally researched and verified.
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