IRS Payment Plans & Tax Settlement Options in Suffolk County
If you owe back taxes and can’t pay in full, our CPA team in Port Jefferson Station and St. James helps Long Island taxpayers evaluate IRS payment plans and tax settlement options—including Offer in Compromise (OIC)—to resolve debt realistically. We review your finances, present the strongest case, and negotiate with the IRS or New York State so you can move forward with confidence.
A Clear Path Out of IRS Debt
The IRS offers several ways to resolve tax balances, but choosing the right route—and documenting it properly—matters. We analyze income, essential expenses, assets, and household size to match you with the most achievable solution, whether you’re in Setauket, Smithtown, Nesconset, or anywhere across Suffolk County.
Your Main Settlement & Relief Options
We’ll explain each option, confirm eligibility, and manage the filings and negotiations on your behalf.
Installment Agreements (IA):
Affordable monthly plans—including streamlined IAs and partial-payment IAs when full pay isn’t possible.
Offer in Compromise (OIC):
Settle for less than the full amount if you truly can’t pay—requires detailed financial analysis and documentation.
Penalty Relief:
First-time or reasonable-cause penalty abatement to reduce what you owe.
Currently Not Collectible (CNC):
Temporary pause on collections when paying would cause hardship.
State Programs:
We also handle NYS payment plans and hardship requests; guidance for nearby states if your situation crosses borders.
How We Determine Eligibility—and Strengthen Your Case
We start with a confidential review of IRS notices and transcripts, then map your allowable expenses and asset equity under IRS standards. From there, we model outcomes—what an IA would cost monthly versus your Offer in Compromise likelihood—so you see the trade-offs before applying.
Our team packages your financials clearly, anticipates common examiner questions, and keeps the process moving—whether your debt stems from self-employment income, payroll issues, or multiple unfiled years.
From Paperwork to Negotiation—We Handle It
We prepare and submit the full application (OIC or IA), correspond with the IRS, respond to information requests, and negotiate reasonable terms. If an
assessment remains, we pursue
penalty abatement and, when appropriate,
appeals. For New York cases, we coordinate filings and timelines to prevent conflicting arrangements.
After Approval: Stay Current and Avoid Future Surprises
Resolution is step one. We help you stay compliant—calibrating withholding or estimated taxes, setting reminders for deadlines, and reviewing cash flow so next April isn’t a repeat. If you own a business, we’ll align bookkeeping, payroll tax deposits, and sales tax processes to prevent new liabilities. When questions come up mid-year, we’re easy to reach and quick to explain next steps.