Monday, June 9, 2008

IRS Online Payment Agreement Application

IRS Loan

IR-2008-77, June 6, 2008

WASHINGTON — The Internal Revenue Service today introduced several new features to the interactive Online Payment Agreement application , which will make it easier for taxpayers and their authorized representatives to make changes to existing installment agreements.

The system will now permit:

  • Individuals to revise their payment due dates and/or amounts on existing agreements.
  • Individuals to revise existing extensions to regular installment agreements and direct debit installment agreements.
  • Individuals to revise existing regular installment agreements to a payroll deduction installment agreement or a direct debit installment agreement.
  • Practitioners with valid authorizations to use the signature date found on their approved Form 2848, Power of Attorney and Declaration of Representative, or the caller ID as an alternate way to authenticate when requesting agreements for clients.
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Stephen Martinez

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