Installment Agreements


TAXPAYER BILL OF RIGHTS II

3. TITLE II--MODIFICATIONS TO INSTALLMENT AGREEMENT PROVISIONS

3.1. Notification Of Reasons For Termination Of Installment Agreements The new law requires the IRS to notify taxpayers 30 days before altering, modifying, or terminating any installment agreement for any reason other than that the collection of tax is determined to be in jeopardy. The IRS must include in the notification an explanation of why the IRS intends to take this action. The provision is effective six months after the date of enactment. TPBR2 §201. IRC §6159. SEC. 201 OF THE BILL

3.2. Administrative Review Of Termination Of Installment Agreement. The new law requires the IRS to establish additional procedures for an independent administrative review of terminations of installment agreements for taxpayers who request a review. The provision is effective on January 1, 1997. TPBR2 §202. IRC §6159(c). SEC. 202 OF THE BILL 

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