- Instructor: Attorney Bob Schaller
- Lectures: 9
- Quizzes: 1
Terminating & Modifying Existing Installment Agreements.
Generally, an installment agreement approved by the IRS remains in effect for the stated term of the agreement. 26 U.S.C. § 6159(b)(1). However, a taxpayer may request that the IRS alter, modify or terminate the terms of the installment agreement because of a change in the taxpayer’s financial circumstances. 26 U.S.C. § 6159(b)(3); United States v. Ullman, Civil Action No. 01-0272 (E.D. Pa. 5/8/2002).
Congress empowered the Secretary to unilaterally alter, modify, or terminate an installment agreement upon certain conditions set forth in 26 U.S.C. § 6159(b). These conditions are described below; an installment agreement may not be terminated for reasons other than those listed below. IRM § 5.14.11.3(3) (01-01-2015); United States v. Ullman, Civil Action No. 01-0272 (E.D. Pa. 5/8/2002) (the IRS may only terminate the agreement if a condition enumerated in the statute is present).
Curriculum
- 10 Sections
- 9 Lessons
- Lifetime
- Overview1
- IRS Terminates Installment Agreement Because of Inaccurate Prior Information1
- IRS Terminates Agreement Because Taxpayer's Failure to Pay Amount Identified in Original Agreement1
- Agreement Terminated Because of Taxpayer's Failure to Pay Other Tax1
- IRS Terminates Agreement Because of Taxpayer's Failure to Provide Requested Information1
- Agreement Terminated Because of Taxpayer's Failure to Pay Modified Agreement Amount1
- IRS Terminates Agreement When Tax Collection Is in Jeopardy1
- Reinstatement of Defaulted or Terminated Installment Agreement1
- IRS Office of Appeals1
- Quiz1
