That’s right – the IRS only has a limited time to collect what you owe.
The magic number is 10 years after the tax assessment date.
But here’s the good news: If you’re struggling with tax debt, there’s a powerful solution you may not know about.
Enter PPIA (Partial payment installment agreement)
With PPIA, you could pay the following:
- Pay only a fraction of the total tax debt
- Stay in good standing with the IRS
- Have the remaining balance completely written off once the tax debt expires
Here’s how it works: You settle your tax debt for less than you owe, and once the expiration date is here, the rest vanishes.
Why pay the full amount when the clock is already ticking in your favor?
Ready to take control of your tax situation?