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Streamline Installment Plans offer Advantages for Businesses with Delinquent Payroll Taxes

We have provided the criteria that must be met for a business owing payroll taxes to qualify for an In-Business Trust Fund Express Installment Agreement (Streamline Pay Plan). 

In order to qualify for a Streamline Pay Plan, a business owing payroll taxes must satisfy the following requirements:

  • They must owe $25,000 or less at the time the agreement is established. If they owe more than $25,000, they may pay down the liability before entering into the agreement in order to qualify.
  • The debt must be paid in full within 24 months or prior to the Collection Statute Expiration Date (CSED), whichever is earlier.
  • They must enroll in a Direct Debit installment agreement (DDIA) if the amount they owe is between $10,000 and $25,000.
  • They must be compliant with all filing and payment requirements.

One of the advantages of applying for a Streamline Pay Plan is that a business is generally not required to provide a financial statement or financial verification as part of the application process, so the agreement is likely to be approved more quickly than other payment alternatives. The Internal Revenue Manual (IRM) also notes that it is IRS policy not to pursue the trust fund recovery penalty against an individual in a business that has set up a Streamline Pay Plan.

Further information on this Streamline Pay Plan, contact the Tax Lawyers at Marini & Associates, P.A. for a FREE Tax Consultation at or or Toll Free at 888-8TaxAid (888 882-9243).

Read more at: Tax Times blog

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