The installment plan offered customers the option of paying over 3, 6, 12, 18 or 24 months.
Payment in full of all outstanding liabilities is usually required during the amnesty period--most programs do not offer installment plan options.
The late Harry Winston, the jeweler to the stars, even gave the Hope Diamond to the Smithsonian Institution on the installment plan.
"I've been looking at every option to pay my taxes, " she said, acknowledging she'll probably have to go with the costly IRS installment plan.
As a nod to those homeowners who still owed a balance under the previous installment plan, the local public works forgave any balance due.
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Paired with that would be a prohibition on a mortgage lender from declaring a loan in default if an installment plan has been obtained.
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The Center for Security Policy urges the Bush Administration not to fall for a transparent Soviet effort to gain U.S. concessions on the installment plan.
As an incentive, IRS reduces the late payment penalty to 0.25% per month if you enter into an installment payment plan.
But the IRS does offer an installment payment plan and an "offer-in-compromise" program for folks who can show they can't pay all they owe, even over time ( see box).
The United States is embarking upon a reckless and potentially quite dangerous course if, as appears to be the case, the Bush Administration enters into a "Grand Bargain-On-The-Installment-Plan" by providing various forms of aid to the Soviet central authorities.
The United States is embarking upon a reckless -- and potentially quite dangerous -- course if, as appears to be the case, the Bush Administration enters into a "Grand Bargain-On-The-Installment-Plan" by providing various forms of aid to the Soviet central authorities.
The passage was necessary to move the country closer to obtaining a delayed 12 billion-euro installment of the 110 billion-euro rescue plan from the European Union and International Monetary Fund.
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