Sheppard Tax Preparation

Columbus, Ohio Income Tax Preparation Service

IRS, State, & Local Income Tax Preparation

(614) 523-3106 or  (877) 505-9455

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Columbus, OH Tax Lawyer - IRS Payment Plans



Dealing With the IRS, State, and Local Taxation Authorities


If you have incurred federal tax debt that is too large for you to pay all at once, the experienced tax relief attorney at the Columbus, Ohio income tax preparation service can approach the IRS on your behalf in order to negotiate an installment plan.  IRS installment plans (also known as IRS payment plans) allow you to pay the full amount of your tax debt in smaller, more manageable amounts.


Types of IRS Installment Plans

When you enlist the help of an IRS tax attorney, he or she will be able to determine which IRS payment plan best fits your circumstances.  There are two types of partial payment installment agreements:


No Asset/No Equity



No Asset/No Equity

Under this agreement, the IRS finds that you have no assets and/or no equity in your assets, or that you have liquidated all of your available assets in order to make a partial payment of your tax debt.  Your tax relief attorney can help you provide evidence proving you qualify for this agreement.



Under this agreement, the IRS finds that you have minimal equity, are unable to utilize your equity, or are unable to sell your asset because it is unmarketable despite a high book value.  A fourth scenario is also acceptable under the Asset/Equity agreement, which is that you need your asset in order to generate income for the partial payment installment agreement.  If the IRS determines that the government will receive more from the future income generated by the asset than from the sale of the asset, they will not seize and sell it.


How the IRS Evaluates Eligibility for Partial Payment Installment Agreements

If your financial situation is such that you cannot afford to pay off your taxes in full at the time they are due, the IRS will review your circumstances to determine your eligibility for an installment agreement.  It is best to hire a tax debt attorney at this point so that you can obtain the most favorable outcome possible.  Remember:  even if the IRS agrees that you had legitimate reasons for defaulting on your initial tax liability, they are not likely to wave any penalties associated with your debt, unless an experienced IRS tax attorney negotiates on your behalf.


Secure your right to negotiate an Installment Agreement with the Internal Revenue Service.


Contact the Columbus, Ohio Income Tax Preparation office today at (614) 523-3106 to schedule an evaluation.

Sheppard Tax Preparation

a division of Sheppard Law Offices

The Columbus, Ohio Income Tax Return Preparation office at Sheppard Law Offices, LPA is conveniently located just inside I-270 off of Cleveland Ave. Our offices provide a short drive to get your taxes done from throughout Central Ohio including counties of Franklin, Delaware, Knox, Marion, Licking, & Fairfield. We regularly serve  tax clients from Columbus, Westerville, Bexley, Dublin, Sunbury, Delaware, Fredericktown, Johnstown, Centerberg, New Albany, Gahanna, Pickerington, Grandview, Upper Arlington, Clintonville, Groveport, Pickerington, Pataskala, Reynoldsburg, Groveport, Lewis Center, Worthington, Granville, the Short North, Hilliard, Plain City, Grove City, Newark, Mt. Vernon, Canal Winchester, and Lancaster.

Columbus Ohio Office

2600 Tiller Lane, Suite A

Columbus, Ohio 43231

Telephone: (614) 523-3106

Newark, Ohio Office

843 N. 21st Street, Suite 108

Newark, Ohio 43055

Telephone: (740) 345-7138

Akron-Canton Office

Belden Village Tower, 200

Canton, Ohio 44718

Telephone: (330) 409-2876

Mt. Vernon, Ohio Office

11 West Gambier Street

Mt. Vernon, Ohio 43050

Telephone: (740) 392-0404

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Sheppard Law Offices

IRS, State, & Local Income Tax Preparation (614) 523-3106 or (877) 505-9455

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