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Does the Taxpayer have to sign a waiver to extend the statute?

April 26, 2017EXTEND Statute taxpayer waiver

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Does the Taxpayer have to sign a waiver to extend the statute?

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• For taxpayers that enter into an installment agreement, the IRS may require a signed waiver to extend the time IRS can collect. • Taxpayers who already have an installment agreement from a previous amount owed may still find help. • All of the amounts owed could be included in one installment agreement. • Additionally, a Collection Information Statement may have to be completed to further illustrate their financial situation.